US markets US equities extended gains from last week and finished slightly higher on Monday. Investors awaited a host of Federal Reserve (Fed) speakers, including Chair Jerome Powell, later in the week for more clues on the direction of the central bank’s monetary policy. The bellwether S&P 500 firmed 0.2 percent, the tech-heavy NASDAQ added […]
US markets US equities extended their winning streak on Friday as Treasury yields declined further on the back of weaker-than-expected economic data. The bellwether S&P 500 climbed 0.9 percent, and the blue-chip Dow Jones Industrial Average rose 0.7 percent, while the tech-heavy NASDAQ jumped 1.4 percent. All three major indices gained sharply over the week, […]
US markets US equities continued their upward trend on Thursday as Treasury yields declined further. Investors grew more certain that the Federal Reserve (Fed) had reached the end of its rate-hiking cycle. Meanwhile, a slew of upbeat quarterly reports boosted sentiment further. The bellwether S&P 500 jumped 1.9 percent, the tech-heavy NASDAQ climbed 1.8 percent, […]
US markets US equities extended gains on Wednesday. The Federal Reserve (Fed) kept interest rates unchanged while investors took a slightly less hawkish view from Fed Chair Jerome Powell’s speech. The bellwether S&P 500 jumped 1.1 percent, the tech-heavy NASDAQ climbed 1.6 percent, and the blue-chip Dow Jones Industrial Average gained 0.7 percent. As many […]
US markets US equities recouped early losses to end higher on Tuesday. Investors digested another round of corporate results while looking ahead to the Federal Reserve (Fed)’s interest rate decision on Wednesday. The bellwether S&P 500 gained 0.6 percent, the tech-heavy NASDAQ added 0.5 percent, and the blue-chip Dow Jones Industrial Average firmed 0.4 percent. […]