US markets US equities lost ground on Tuesday as investors sought to lock in gains in the absence of any major positive market-moving catalysts. The bellwether S&P 500 and the blue-chip Dow Jones Industrial Average both dropped 0.2 percent, while the tech-heavy NASDAQ slipped 0.6 percent. Minutes from the Federal Reserve (Fed)’s latest policy meeting […]
US markets US equities ended mixed after a range-bound trading session on Thursday. The bellwether S&P 500 and the tech-heavy NASDAQ both edged up 0.1 percent, while the blue-chip Dow Jones Industrial Average slid 0.1 percent, dragged down by Cisco and Walmart after disappointing forecasts. Weak economic data also weighed on market sentiment. The S&P […]
US markets US equities extended their gains on Wednesday, with major indices ending slightly higher. The bellwether S&P 500 firmed 0.2 percent, the blue-chip Dow Jones Industrial Average gained 0.5 percent, and the tech-heavy NASDAQ edged up 0.1 percent. The market sentiment was boosted by a surprisingly cool producer price index (PPI) report, which added […]
US markets US equities finished sharply higher on Tuesday after softer-than-expected inflation data cemented the case that the Federal Reserve (Fed) may have reached the end of its monetary tightening cycle. The bellwether S&P 500 gained 1.9 percent, the blue-chip Dow Jones Industrial Average jumped 1.4 percent, and the tech-heavy NASDAQ climbed 2.4 percent. A […]
US markets US equities settled mixed on Monday. Caution prevailed ahead of the release of October’s consumer price index (CPI) data on Tuesday, which could shape interest rate projections. The bellwether S&P 500 dipped 0.1 percent, the tech-heavy NASDAQ slipped 0.2 percent, while the blue-chip Dow Jones Industrial Average (Dow) firmed 0.2 percent. Late last […]
US markets US equities rebounded strongly on Friday, boosted by mega-cap growth stocks as Treasury yields stabilized. The bellwether S&P 500 climbed 1.6 percent, the blue-chip Dow Jones Industrial Average gained 1.2 percent, and the tech-heavy NASDAQ jumped 2.0 percent. All the three major indices gained over the week, supported by easing bond yields. All […]
Outlook of Fourth Quarter 2023 : Market Trends, Refinancing Needs and Recession Risks As it turns out, even though the economy may be in recession, the market is still staying strong. However, whether this situation can continue is yet to be determined. Have central banks succeeded? Tighter monetary policy appears to have brought inflation down […]
US markets US equities erased morning gains to seesaw lower on Thursday. Treasury yields rallied after a weak auction of 30-year bonds, while investors took a hawkish view from Federal Reserve (Fed) Chair Jerome Powell’s speech. The bellwether S&P 500 fell 0.8 percent, the blue-chip Dow Jones Industrial Average lost 0.6 percent, and the tech-heavy […]
US markets US equities were little changed on Wednesday in the absence of major market-moving catalysts. Focus remained squarely on the Federal Reserve (Fed)’s interest rate outlook, where the central bank is expected to have reached the end of its monetary tightening cycle. The bellwether S&P 500 and the tech-heavy NASDAQ firmed 0.1 percent each, […]
US markets US equities extended their gains on Tuesday, driven by mega-cap growth stocks, as Treasury yields eased. Despite cautious comments from Federal Reserve (Fed) speakers, investors remained optimistic. The bellwether S&P 500 added 0.3 percent, the blue-chip Dow Jones Industrial Average edged up 0.2 percent, while the tech-heavy NASDAQ gained 0.9 percent. A few […]