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Wall St Opens Higher After Strong GDP Data; Tesla Slides On Growth Warning

Friday, 26 January 2024 04:35 WIB | Market update

Wall Street's main indexes was poised for a higher open, as a strong economic growth print boosted hopes of a likely soft landing, while Tesla sank on warning of slower growth. An advance estimate showed fourth-quarter gross domestic product (GDP) rose at a 3.3% annualized rate, much higher than...

Dow Adds 100 Points, Nasdaq Climbs After Strong Netflix Subscriber Numbers

Thursday, 25 January 2024 04:22 WIB | Market update

U.S. stocks rose Wednesday after Netflix reported its subscriber count reached a new record in the fourth quarter. The Dow Jones Industrial Average traded 129 points higher, or 0.3%. The S&P 500 climbed 0.5%, and the Nasdaq Composite advanced 0.9%. Netflix shares surged more than 10%. The...

Dow slips 150 points after a batch of disappointing earnings

Wednesday, 24 January 2024 07:30 WIB | Market update

The Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders poured through the latest batch of corporate earnings. The blue-chip Dow lost 160 points, or 0.4%, retreating below the 38,000 level that was crossed for the first time ever on Monday. The 30-stock...

Dow Slips Tuesday After Hitting Record High Above 38,000

Wednesday, 24 January 2024 04:27 WIB | Market update

The Dow Jones Industrial Average fell Tuesday, a day after surpassing 38,000 for the first time. The Dow traded 33 points lower, or 0.1%. The 30-stock benchmark was pressured by a 6% decline in 3M, which was under pressure on the back of disappointing quarterly guidance. Separately, GE was also...

S&P 500 Hits Fresh Record High in Bull-Market Momentum

Tuesday, 23 January 2024 04:25 WIB | Market update

The S&P 500 touched a fresh record high on Monday in another session of gains for Wall Street's major indexes, with investors monitoring the ongoing corporate earnings season and any clues on interest-rate cuts this year. The Dow Jones Industrial Average (.DJI), rose 55.75 points, or 0.15% at...

S&P 500 Rallies 1% to All-Time High, Surpassing Previous Record Set in 2022

Saturday, 20 January 2024 10:56 WIB | Market update

The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force in recent days following a short-lived market stumble to start the new year. The S&P 500 rose 1.23%, surpassing the prior intraday record of 4,818.62, which was set in January 2022....

Dow Closes 200 Points Higher Thursday to Shake Off 3-Day Slump as Apple Shares Pop

Friday, 19 January 2024 11:06 WIB | Market update

Tech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory. The Dow Jones Industrial Average added 201.94 points, or 0.54%, rebounding from its 143.72 point loss earlier in the trading session. The 30-stock index finished the trading session at...

Dow Closes Lower Wednesday, Notching Third Straight Losing Session as Bond Yields Rise

Thursday, 18 January 2024 11:01 WIB | Market update

Stocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data. The Dow Jones Industrial Average declined about 94 points, or 0.25%, to close at 37,266.67. This marked the third straight day of losses for the 30-stock index. The S&P...

Dow Closes More Than 200 Points Lower Tuesday After 10-Year Treasury Yield Tops 4%

Wednesday, 17 January 2024 11:03 WIB | Market update

The Dow Jones Industrial Average fell Tuesday as bond yields ticked higher and Wall Street pored through the latest batch of fourth-quarter earnings. The Dow declined 231.86 points, or 0.62%, to close at 37,361.12. The S&P 500 slipped 0.37% to end at 4,765.98, and the Nasdaq Composite dropped...

Dow falls to start the week as yields rise, earnings roll through

Wednesday, 17 January 2024 07:15 WIB | Market update

The Dow Jones Industrial Average fell Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings. Investors also awaited more data that can give better glimpse into the state of the American consumer. The Dow declined 210 points, or 0.6%. The S&P...

Dow Closes More Than 100 Points Lower Friday, Ekes Out A Weekly Gain

Saturday, 13 January 2024 10:54 WIB | Market update

The Dow Jones Industrial Average slipped Friday as traders parsed through the first batch of fourth-quarter earnings and digested the second in a pair of closely watched inflation reports this week. The Dow traded 117 points lower, or about 0.3%. The S&P 500 ended the day higher by 0.08%, and...

Dow Slides More Than 150 Points Friday as The Earnings Season Kicks Off

Saturday, 13 January 2024 06:11 WIB | Market update

Stocks edged lower on Friday as traders parsed through the first batch of fourth-quarter earnings while they digested the second in a pair of closely watched inflation reports this week. The Dow Jones Industrial Average traded 203 points lower, or about 0.4%. The S&P 500 hovered below flat,...

S&P 500 Closes Little Changed Thursday After Hotter-Than-Anticipated Inflation Report

Friday, 12 January 2024 11:05 WIB | Market update

Stocks ended Thursday near the flat line after a fresh round of inflation data reflected an uptick in consumer prices for December. The Nasdaq Composite closed at the flat line, settling at 14,970.19. The Dow Jones Industrial Average eked out a gain of 15.29 points, or 0.04%, to close at...

Wall Street Indexes Choppy As Inflation Data Dampens Rate-Cut Hopes

Friday, 12 January 2024 06:45 WIB | Market update

Wall Street's main indexes struggled for direction on Thursday, with a hotter-than-expected inflation print dampening hopes of early rate cuts, while U.S. regulatory approval for exchange-traded funds tracking spot bitcoin lifted crypto stocks. The benchmark S&P 500 briefly surpassed its...

Dow Closes More Than 150 Points Higher Wednesday Ahead Of Key Inflation Readings

Thursday, 11 January 2024 10:58 WIB | Market update

U.S. stocks closed higher Wednesday, with investors awaiting the release of fresh U.S. inflation data and earnings. The S&P 500 rose 0.57%, while the Dow Jones Industrial Average gained 170.57 points, or 0.45%. The Nasdaq Composite advanced 0.75%. Intuitive Surgical and Lennar led the broad...

Stocks are Little Changed Wednesday as Traders Await Inflation Data, Earnings

Thursday, 11 January 2024 06:04 WIB | Market update

Stocks traded about flat Wednesday, with investors awaiting the release of fresh U.S. inflation data and earnings. The S&P 500 rose 0.2%, while the Dow Jones Industrial Average gained 73 points, or 0.2%. The Nasdaq Composite advanced 0.4%. Cryptocurrency exchange Coinbase and Marathon...

S&P 500 Closes Slightly Lower As Stocks’ Early 2024 Struggles Linger

Wednesday, 10 January 2024 10:52 WIB | Market update

The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, but still ended the day with modest losses. The broad market index was down 0.2%. At its lows of the day, the benchmark had lost 0.7%. The Dow Jones Industrial Average traded 201 points lower, or 0.5%, after being down as...

Dow Drops 300 Points on Tuesday as 2024 Struggles Continue

Wednesday, 10 January 2024 05:58 WIB | Market update

U.S. stocks fell Tuesday, resuming their 2024 struggles. The Dow Jones Industrial Average lost 255 points, or 0.7%. The S&P 500 dipped 0.5%, and the Nasdaq Composite pulled back nearly 0.5%. Several tech names were in the red Tuesday, taking back the sector’s whopping gains seen on Monday....

Nasdaq Composite Closes 2% Higher Monday As Tech Stocks Revival Lifts Major Averages

Tuesday, 9 January 2024 10:53 WIB | Market update

The S&P 500 and Nasdaq Composite rose Monday, boosted by tech shares, as Wall Street tried to recover from a tough week. The broad market index gained 1.2%, while the Dow Jones Industrial Average added 0.4%, or 143 points. The Nasdaq outperformed, rising 2%. Investors are buying the dip with...

S&P 500 and Nasdaq Rise Thanks to Tech Boost, Boeing Weighs on Dow

Tuesday, 9 January 2024 06:09 WIB | Home

The S&P 500 and Nasdaq Composite rose Monday, boosted by tech shares, as Wall Street tried to recover from a tough week. The Dow Jones Industrial Average was under pressure, however, as Boeing declined. The broad market index gained 0.5%, while the Dow lost 47 points, or 0.1%. The Nasdaq...

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