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Dow Rises More Than 100 Points To Close At A Record

Tuesday, 13 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average rose to a new high on Monday as investors awaited fresh inflation and earnings data. The 30-stock index advanced 112 points, or 0.3%. The S&P 500 hovered around the flatline, while the Nasdaq Composite slid 0.2%. Salesforce dragged the Dow down, with the...

S&P 500 Hits Fresh Record High to Start The Week, Nvidia Rises

Tuesday, 13 February 2024 06:10 WIB | Market update

Stocks nudged higher Monday, building on their strong performance from last week, with the S&P 500 and Dow Jones Industrial Average reaching new all-time highs. Investors also awaited the release of key inflation and earnings data. The broad market index was up nearly 0.2%, while the Dow...

Dow steady as stocks struggle for direction after S&P 500 topped 5,000

Tuesday, 13 February 2024 04:25 WIB | Market update

U.S. stocks held their ground early Monday after the S&P 500 finally closed at the end of last week above the 5,000 mark in the 10th record finish for 2024. The Dow Jones Industrial Average was off 6 points, or less than 0.1%, at 38,666.The S&P 500 fell 1 point, or less than 0.1%, to...

S&P 500 Closes Above 5,000 For First Time Ever, Notches Fifth Straight Winning Week

Saturday, 10 February 2024 10:51 WIB | Market update

U.S. stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 broke above the historic 5,000 level as strong earnings and economic news chugged on. The Dow Jones Industrial Average slipped 90 points, or 0.2%, while the S&P 500...

U.S. Stocks Buoyed By Wall Street; US Treasury Yields Rise

Saturday, 10 February 2024 07:09 WIB | Market update

The S&P 500 crossed the 5,000-point milestone on Friday as U.S. inflation data raised expectations the Federal Reserve will cut interest rates this year, as closely watched U.S. Treasury yields rose and European shares eased. The greenback dipped after the U.S. data, but was still headed for...

S&P 500 Hovers Near 5,000 Mark with Earnings, Jobs Data in Focus

Friday, 9 February 2024 11:02 WIB | Market update

The benchmark S&P 500 index advanced slightly on Thursday but traded close to the 5,000-point milestone, as investors reacted to earnings reports, a roughly in-line jobs report and remarks from policymakers on interest rate cuts. Under the hood, small-cap indexes outperformed large caps and...

U.S. Stocks Little Changed; Dollar Up After Jobless Claims

Friday, 9 February 2024 06:46 WIB | Market update

Global stock indexes were little changed on Thursday with the S&P 500 holding just shy of the 5,000 level, while the U.S. dollar inched higher after U.S. unemployment benefits data underscored the view the Fed will not need to cut rates soon. The subdued trading in equities followed overnight...

S&P 500 Closes At Record High; Earnings, Rate Outlook In Spotlight

Thursday, 8 February 2024 10:59 WIB | Market update

Wall Street's major stock indexes rose on Wednesday, with the benchmark S&P 500 scaling a record high, as investors applauded overall strength in U.S. earnings and monitored policymaker comments for clues on the interest rate outlook. Shares in Chipotle Mexican Grill rallied after it topped...

S&P 500 Rises, Nears 5,000 Level

Thursday, 8 February 2024 06:49 WIB | Market update

The S&P 500 rose Wednesday and edged closer to the 5,000 level for the first time as investors parsed through another slate of quarterly results and headed into the back half of the earnings season. The broad-based index added 0.7%, while the Nasdaq Composite jumped 0.8%. The Dow Jones...

Stocks Open Higher Amid Earnings Deluge; Snap Tumbles After Revenue Miss

Thursday, 8 February 2024 04:59 WIB | Market update

U.S. stocks opened in the green on Wednesday, as investors sifted through a fresh set of quarterly results. By 09:35 ET (14:35 GMT), the benchmark S&P 500 had gained 0.4%, the tech-heavy Nasdaq Composite had risen by 0.5%, and the blue-chip Dow Jones Industrial Average had advanced by...

S&P 500 Closes Near Session High As Wall Street Attempts To Recoup Record Levels

Wednesday, 7 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average climbed on Tuesday as Wall Street assessed the latest batch of corporate earnings and the timeline for rates cuts from the Federal Reserve. The broad market index slipped 0.2% while the Nasdaq Composite rose 0.07%. The Dow Jones Industrial Average rose 30 points,...

S&P 500 Rises Slightly as Wall Street Tries to Move Back Toward Record Levels

Wednesday, 7 February 2024 04:24 WIB | Market update

The S&P 500 rose slightly on Tuesday following a sell-off spurred by higher bond yields and worries that the Federal Reserve may not cut rates as much as Wall Street had hoped. The broad market index was up 0.2%, while the Nasdaq Composite advanced 0.3%. The Dow Jones Industrial Average...

Dow Closes More Than 250 Points Lower, S&P 500 Slips From Record As Bond Yields Surge

Tuesday, 6 February 2024 10:49 WIB | Market update

U.S. stocks fell Monday as Treasury yields spiked higher on concerns that the Federal Reserve may not cut rates as much as expected. Lackluster results from McDonald’s also dampened investor sentiment. The Dow Jones Industrial Average dropped 230 points, or 0.6%. The S&P 500 slipped 0.2%,...

Dow Falls Nearly 400 Points, S&P Retreats from Record as Rates Spike, McDonald’s Slides

Tuesday, 6 February 2024 06:44 WIB | Market update

Stocks fell Monday as Treasury yields spiked higher on concerns the Federal Reserve may not cut rates as much as expected. Lackluster results from McDonald’s also dampened investor sentiment. The Dow Jones Industrial Average dropped 370 points, or nearly 1%. The S&P 500 slid 0.5%, while the...

Nasdaq Jumps 1% After Strong Tech Earnings

Saturday, 3 February 2024 06:40 WIB | Market update

The Nasdaq Composite was higher on Friday as quarterly results from technology companies including Facebook-parent Meta buoyed the sector after a stronger-than expected jobs report. The tech-heavy index climbed 1.4%, while the S&P 500 ticked up 0.9%. The Dow Jones Industrial Average added 75...

S&P 500 is Flat as Rate Spike Offsets Gains from Strong Tech Earnings

Saturday, 3 February 2024 04:27 WIB | Market update

The S&P 500 was flat Friday after a trio of megacap tech titans reported results and investors digested a stronger-than-expected jobs report. The broad market index gained just 0.1%, while the Dow Jones Industrial Average lost 125 points, or 0.3%. The Nasdaq Composite rose just 0.1%. Stocks...

S&P 500 Rises as Wall Street Tries to Recover from Fed Sell-Off

Friday, 2 February 2024 06:50 WIB | Market update

The S&P 500 rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely. The broad market index climbed 0.5%, while the Dow Jones Industrial Average added 115 points, or 0.3%. The Nasdaq Composite gained...

S&P 500 Rises As Wall Street Tries To Recover From Fed Sell-Off

Friday, 2 February 2024 04:35 WIB | Market update

The S&P 500 rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely. Qualcomm shares dipped 2% even after the chipmaker reported fiscal first-quarter results that topped earnings and revenue...

Nasdaq Falls 1% as Alphabet, Microsoft Slide Following Earnings

Thursday, 1 February 2024 06:40 WIB | Market update

The Nasdaq Composite fell Wednesday after sharp downward moves in shares of tech giants Microsoft and Alphabet pressured the overall sector. The tech-heavy benchmark lost 1.4%, while the S&P 500 slid 0.9%. The Dow Jones Industrial Average hovered near the flat line. Shares of Alphabet...

Nasdaq Falls As Alphabet Shares Drop Following Earnings

Thursday, 1 February 2024 04:25 WIB | Market update

The Nasdaq Composite fell Wednesday after a megacap tech company posted its latest quarterly results. Wall Street also looked toward the Federal Reserve’s decision on rate policy. The tech-heavy benchmark lost 1.1%, while the S&P 500 slid 0.5%. The Dow Jones Industrial Average outperformed,...

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