Month: <span>October 2023</span>

US markets US equities ended sharply higher on Monday ahead of a busy week of corporate results, economic data, and the Federal Reserve (Fed)’s two-day monetary policy meeting. The bellwether S&P 500 and the tech-heavy NASDAQ both jumped 1.2 percent, and the blue-chip Dow Jones Industrial Average rose 1.6 percent. All sectors of the S&P […]

US markets US equities finished mixed on Friday. A new batch of corporate results, economic data, and the ongoing Middle East conflict added to market volatility. The bellwether S&P 500 dipped 0.5 percent, and the blue-chip Dow Jones Industrial Average (Dow) shed 1.1 percent, while the tech-heavy NASDAQ added 0.4 percent. All three major indices […]

US markets US equities fell for a second straight session on Thursday as investors remained cautious amid mixed quarterly earnings and signs of economic resilience which raised concerns over the Federal Reserve (Fed)’s restrictive monetary policy. The bellwether S&P 500 sank 1.2 percent, the blue-chip Dow Jones Industrial Average dropped 0.8 percent, while the tech-heavy […]

US markets US equities sold off sharply on Wednesday, with sentiment being hurt by disappointing earnings reports and a resurgence of US Treasury yields. The bellwether S&P 500 sank 1.4 percent, the blue-chip Dow Jones Industrial Average dropped 0.3 percent, while the tech-heavy NASDAQ tanked 2.4 percent, dragged down by Alphabet after Google’s parent company […]

US markets US equities closed higher on Tuesday, buoyed by a slew of upbeat earnings and forecasts that boosted investor confidence in the health of US companies. The bellwether S&P 500 rose 0.7 percent, the blue-chip Dow Jones Industrial Average added 0.6 percent, and the tech-heavy NASDAQ gained 0.9 percent. Nearly all S&P sectors ended […]

US markets US equities ended mixed after fluctuating around the flatline throughout the session on Monday. The bellwether S&P 500 dropped 0.2 percent, and the blue-chip Dow Jones Industrial Average slipped 0.6 percent. However, a decline in Treasury yields provided some support to rate-sensitive growth stocks, with the tech-heavy NASDAQ closing up 0.3 percent. Investors […]

US markets US equities remained under pressure on Friday amid concerns over more interest rate hikes and an escalation in the Middle East conflict. Meanwhile, investors further digested Federal Reserve (Fed) Chair Jerome Powell’s speech a day before that US economy’s strength and tight labour markets could lead to higher-for-longer interest rates. The bellwether S&P […]

US markets US equities extended losses on Thursday. Treasury yields surged after Federal Reserve Chair Jerome Powell’s speech renewed worries that interest rates would stay higher for an extended period. Meanwhile, elevated geopolitical tensions in the Middle East, overlapping with a further jump in oil prices, still kept investors on edge. The bellwether S&P 500 […]

US markets US equities ended sharply lower amid risk-off sentiment on Wednesday. Treasury yields resumed their climb along with oil prices after a strike on a Gaza hospital dashed hopes for containing the Middle East conflict and complicated US President Joe Biden’s visit to the region. Investors also digested a slew of disappointing quarterly reports […]

US markets US equities finished mixed with little movement on Tuesday. Solid economic figures pushed Treasury yields higher, putting pressure on stock markets. The ongoing conflict in the Middle East also kept investors on edge. The bellwether S&P 500 and the blue-chip Dow Jones Industrial Average closed roughly flat, while the tech-heavy NASDAQ lost 0.3 […]