Thu, Dec 19, 2024
Federal Reserve Chair Jerome Powell announced a 25-basis-point reduction in the key US interest rates on Wednesday. However, the Federal Open Market Committee's rate cut outlook, suggesting fewer reductions than anticipated earlier, disappointed Wall Street. The Dow Jones Industrial Average crashed 1,123 points, or 2.6 per cent, to settle at 42,326.9 after the news. Read on to catch highlights of the Fed's last scheduled policy review of 2024.
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Wed, Nov 20, 2024
In Japan, the Nikkei 225 slipped 0.2% to 38,352.34 after the Finance Ministry reported the country recorded a trade deficit in October, for a fourth straight month.
Fri, Nov 15, 2024
DJIA Index US Stock Market Today: The Dow Jones Industrial Average (DJIA), one of the three main Wall Street benchmarks, succumbed to selling pressure in early trade on Friday. Stocks like Amazon.com, Microsoft, NVIDIA, Apple and Coca Cola fell around 1-3 per cent each few minutes into the opening bell, whereas scrips like Walt Disney, JPMorgan Chase and Nike rose about 1-3 per cent each. Catch the latest US stock market updates of the day here.
Fri, May 24, 2024
US markets closed with weakness. Dow Jones fell 600 points, Nasdaq closed down 65 points after touching life high. Weakness of 1.8% in Small cap Russell 2000. American markets fell due to fear of delay in reducing interest rates.
Thu, May 23, 2024
The S&P 500 fell 0.3 per cent to 5,307.01, a day after setting its latest all-time high. The Dow Jones Industrial Average sank 0.5 per cent to 39,671.04, and the Nasdaq composite slipped 0.2 per cent to 16,801.54 after setting its latest record.
Tue, May 14, 2024
US stock market: The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and earnings reports due this week while a survey showed consumers concerned about inflation.
Fri, May 10, 2024
US Stock Market News (May 10): Dow Jones futures were up 99 points, or 0.3 per cent, at 39,485.8 minutes ahead of the opening bell on Wall Street. The Dow Jones Industrial Average, whose 30 constituents include Amazon.com, American Express, Apple, Boeing, Caterpillar, Coca-Cola, Intel, Microsoft, Goldman Sachs, JPMorgan Chase, Nike and Visa, has already closed higher for seven back-to-back sessions in a row, up more than 700 points for the week already.
US stock market: The Dow Jones Industrial Average closed higher on Thursday, the seventh straight daily advance for the benchmark, as all three major US indexes gained after weekly jobless claims data offered fresh hope for interest-rate cuts.
Thu, May 09, 2024
US Stock Market News, Dow Jones, Nasdaq, S&P 500 (May 9): All three US share market benchmarks—the Dow Jones Industrial Average (DJIA), the S&P 500 and the Nasdaq Composite—rose on May 9, with the 30-scrip Dow gauge taking its weekly gain to more than 700 points, after a weaker-than-expected weekly jobs reading supported bets of a reduction in benchmark interest rates in 2024 itself. The extended gains in Dow came a day after the index closed above the psychologically important 39,000 mark for the first time in five weeks. Read on to know all the latest details about Thursday's session on Wall Street.
US Stock Market News (May 9): Dow Jones futures were down 80 points, or 0.2 per cent, and S&P 500 futures down 7.8 points, or 0.2 per cent, at the last count at 6 pm IST (8:30 am EST) on May 9, suggesting a mildly negative start ahead in the US share market. The Dow Jones Industrial Average, whose 30 constituents include Amazon.com, American Express, Apple, Boeing, Caterpillar, Coca-Cola, Intel, Microsoft, Goldman Sachs, JPMorgan Chase, Nike and Visa, has already closed higher for six consecutive sessions, up about 381 points for the week. Here's a list of key things to watch out for in the upcoming session on Wall Street.
US stock market: The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy.
Wed, May 08, 2024
US Stock Market News (May 8): Wall Street staged mixed moves on Wednesday, May 8, though the 30-blue-chip index Dow Jones managed to close higher six back-to-back sessions—its longest winning run since December. The Dow Jones Industrial Average—whose 30 constituents include Amazon.com, American Express, Apple, Boeing, Caterpillar, Coca-Cola, Intel, Microsoft, Goldman Sachs, JPMorgan Chase, Nike and Visa—gained as much as 99 points within the early hours of trade.
US stock market: The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year.
Tue, May 07, 2024
US stock market: US stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year.
Thu, May 02, 2024
US stock market: US stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.
Wed, May 01, 2024
US stock market: US stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the direction of interest rates.
Tue, Apr 30, 2024
US stock market: US stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week.
Fri, Apr 26, 2024
US stock market: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms (META.O).
Thu, Apr 25, 2024
US stock market: Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.
Wed, Apr 24, 2024
US stock market: US stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.
Tue, Apr 23, 2024
US stock market: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.
Fri, Apr 19, 2024
US stock market: US stocks vacillated on Thursday, swinging from red to green and back as investors contended with the push-pull of a strong economy and restrictive Federal Reserve policy.
Thu, Apr 18, 2024
US stock market: US stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious US Federal Reserve commentary and ongoing geopolitical strife against mixed quarterly earnings.
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