[ad_1] Next week, the focus of Wall Street investors will be on the US Federal Reserveâs monetary policy decision and Chair Jerome Powellâs press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the âMagnificent 7â — Microsoft, Meta Platforms, Apple, and Amazon —…
[ad_1] The Nasdaq and the S&P 500 rebounded on Thursday, as megacap and chip stocks regained ground. At the opening bell, the Dow Jones Industrial Average fell 41.52 points, or 0.10%, to 41,156.56. The S&P 500 was higher by 20.29 points, or 0.36%, at 5,608.56, while the Nasdaq Composite gained 122.23 points, or 0.68%, to…
[ad_1] US technology and semiconductor chipmaking stocks fell from all-time highs as concern over tougher restrictions on global chip sales to China spurred a rout in the industry that has powered the bull market. The Nasdaq slumped nearly 2% to a two-week low on Wednesday, accompanied by losses on the S&P 500, as major chip…
[ad_1] Wall Street: US stock indices declined on Wednesday, with major chip and tech stocks leading the fall. At the opening bell, the Dow Jones Industrial Average fell 91.91 points, or 0.22%, to 40,862.57. The S&P 500 was lower by 57.13 points, or 1.01%, at 5,610.07, while the Nasdaq Composite dropped 321.15 points, or 1.74%,…
[ad_1] In the week ahead on Wall Street, all eyes will be on the US Federal Reserve for its second monetary policy decision of this year. it is widely expected that the central bank would keep interest rates unchanged. Investors will also keenly watch comments from Fed Chair Jerome Powell during his press conference on…
