US stock indices edged higher in early trading on Wall Street on Wednesday amid a flurry of earnings and ahead of the Federal Reserveâs interest rate policy decision. At the opening bell, the Dow Jones Industrial Average rose 25.5 points, or 0.06%, to 40,768.88. The S&P 500 rose 69.2 points, or 1.27%, to 5,505.59, while…
US stock indices gained on Tuesday as profit reports keep pouring in from big companies. At the opening bell, the Dow Jones Industrial Average rose 82.2 points, or 0.20%, to 40,622.13. The S&P 500 rose 15.2 points, or 0.28%, to 5,478.73, while the Nasdaq Composite rose 53.9 points, or 0.31%, to 17,424.1. Source link
US stocks edged higher on Monday, ahead of a Federal Reserve interest rate decision and Big Tech earnings. At the opening bell, the Dow Jones Industrial Average rose 76.37 points, or 0.19%, to 40,665.71. The S&P 500 was higher by 17.45 points, or 0.32%, at 5,476.55, while the Nasdaq Composite gained 86.51 points, or 0.50%,…
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 — will…
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 18,119.15. …
Intel Corp. shares bucked the chips rout on Wednesday, rising as much as 8.2 per cent on speculations that the company could benefit from policies under either a Biden or Trump administration. Chip stocks plunged on worries over trade curbs on companies giving China access to advanced semiconductor technology. The Philadelphia Semiconductor Index sank 4…
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%, to…
US Market News: Tuesday’s record-breaking closing high for the Dow Jones Industrial Average and Wall Street stocks came from data supporting the belief that the US Federal Reserve is about to embark on its easing cycle, which will control inflation and prevent a recession, as per Reuters news report. In addition, the gold prices also…
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 Wednesday…
