The S&P 500 and the Dow hovered at levels seen more than a week ago on Friday, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.
The domestically focused small-cap Russell 2000 index,outperformed large-cap indexes with a 1.3% rise. The index hit a more than one-week high and was set for weekly advances of nearly 4%.
A measure of business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year.
At 11:29 a.m. ET, the Dow Jones Industrial Average, rose 246.13 points, or 0.56%, to 44,116.48, the S&P 500, gained 8.99 points, or 0.15%, to 5,957.70 and the Nasdaq Composite, lost 24.53 points, or 0.13%, to 18,947.89.
Keeping a lid on gains, Alphabet, lost 1.7%, following on from Thursday's 4% drop, as the Department of Justice argued to a judge the company was monopolizing online search.
Source : Reuters
European bourses opened September in positive territory, with both the STOXX 50 and STOXX 600 rising nearly 0.3% after modest gains in August. Trading is expected to remain subdued today, as US market...
Asia-Pacific markets traded mixed Monday as investors assess China's RatingDog manufacturing data for August. The metric - which was previously known as the Caixin Purchasing Managers' Index - came in...
US stocks fell in the afternoon trading as investors took profits following a strong week that saw the S&P 500 reach record highs, amid signs that inflationary pressures remain persistent in the U...
US stocks pulled back on Friday as the latest economic data continued to reflect stubborn inflationary pressures in the US economy, clouding the Fed's rate outlook. The S&P 500 and the Dow droppe...
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region's biggest economies, along with the U.S. Price rise data is due from Franc...
EUR/USD traded higher near a one-week high around 1.1730 during the European trading session on Monday. The major currency pair strengthened as the US Dollar (USD) underperformed its peers amid strong expectations that the Federal Reserve (Fed)...
Oil prices rose about 1% on Monday (September 1st) as a weaker dollar and Russia-Ukraine tensions threatened supply, with Brent at $67.96 and WTI at $64.66. Despite the gains, the market remains clouded by the OPEC+ supply surplus and weakening...
Gold hit a more than four-month high on Monday (September 1) as speculation of a US Federal Reserve interest rate cut this month and a weaker dollar boosted bullion's appeal, while silver broke through $40 an ounce for the first time since...
The US core PCE price index, which excludes volatile and energy prices and is the Federal Reserve's preferred measure of core inflation in the US...
A U.S. appeals court ruled on Friday that most of President Donald Trump's global tariffs were illegal, finding he exceeded his authority when...
The University of Michigan consumer sentiment for the US dropped to 58.2 in August of 2025 from the five-month high of 61.7 in the previous month,...
US stocks pulled back on Friday as the latest economic data continued to reflect stubborn inflationary pressures in the US economy, clouding the...