Year: <span>2023</span>

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. […]

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 […]