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Dow Opens Lower as Boeing Weighs; Megacaps Lift S&P 500, Nasdaq

Tuesday, 9 January 2024 04:22 WIB | Market update

The Dow opened lower on Monday, hurt by a tumble in Boeing shares following the grounding of some its jets, while megacap stocks lifted the S&P 500 and the Nasdaq. The Dow Jones Industrial Average (.DJI) fell 138.74 points, or 0.37%, at the open to 37,327.37. The S&P 500 (.SPX) opened...

US Stocks Rise After Monthly Jobs Report; Tesla Recalls Cars In China

Saturday, 6 January 2024 07:23 WIB | Market update

U.S. stocks edged higher Friday, as investors digested the highly influential monthly official jobs report, which pointed to underlying economic strength. By 09:55 ET (14:55 GMT), the Dow Jones Industrial Average was up 15 points, or 0.1%, S&P 500 traded 9 points, or 0.2%, higher and NASDAQ...

Wall St Climbs On Financials Boost; Investors Parse Jobs Data

Friday, 5 January 2024 07:04 WIB | Market update

Wall Street rose on Thursday, boosted by gains in financial stocks, while strong jobs data prompted investors to tweak their expectations of how early interest-rate cuts could begin. The recovery in the three main U.S. stock indexes follows a downbeat start to 2024, with the S&P 500 notching...

Wall St Extends Slide Ahead Of Fed Meeting Minutes

Thursday, 4 January 2024 06:57 WIB | Market update

U.S. stock indexes fell on Wednesday as investors locked in profits after a strong 2023 and awaited the Federal Reserve's December meeting minutes for clues on its interest rate path. Wall Street kicked off the new year on a dull note on Tuesday as Apple and other high-growth companies came under...

Wall St Kicks Off 2024 On A Dull Note As Yields Rise, Apple Dips

Wednesday, 3 January 2024 06:45 WIB | Market update

U.S. stocks fell on the first trading day of 2024 as Apple shares dipped on a broker downgrade and Treasury yields climbed after investors tempered expectations around interest-rate cuts this year. Wall Street's three major indexes notched monthly, quarterly and annual gains on Friday as traders...

S&P 500 Falls, but Looks to Close Out 2023 with 24% Gain

Saturday, 30 December 2023 06:44 WIB | Market update

Stocks slipped on Friday, but Wall Street edged closer to wrapping a winning year for all the major averages. The S&P 500 fell 0.5%, while the Dow Jones Industrial Average lost 110 points, or 0.3%. The Nasdaq Composite edged down 0.9%. “Momentum continues to remain favorable heading into...

S&P 500 Rises Slightly as Index Tries to Reach All-Time High

Friday, 29 December 2023 06:40 WIB | Market update

The S&P 500 rose slightly Thursday as the benchmark closed in on a new all-time high. The broad market index traded 0.1% higher, putting it within striking distance of its highest closing level ever, which was set in January 2022 at 4,796.56. The Dow Jones Industrial Average added 33 points,...

Wall St Ekes Out Modest Gains as S&P 500 Hovers Near All-Time Closing High

Thursday, 28 December 2023 10:57 WIB | Market update

U.S. stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to fuel conviction as the S&P 500 hovered just below bull market confirmation. Volume was light and the three major U.S. stock indexes oscillated between modest gains and losses throughout the...

Stocks are Little Changed Wednesday, S&P 500 Trades Near Record High

Thursday, 28 December 2023 06:46 WIB | Market update

Stocks were little changed Wednesday as traders kept an eye on the S&P 500′s march toward record levels. The S&P 500 and Nasdaq Composite inched slightly lower, while the Dow Jones Industrial Average rose 50 points, or 0.1%. The broad market index was within 0.5% of its closing record...

S&P 500 Ends Higher Ahead of Long Holiday Weekend

Saturday, 23 December 2023 10:59 WIB | Market update

U.S. stocks gyrated to a mixed close on Friday as investors headed into the long Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year. All three indexes turned less decisive as the afternoon...

S&P 500, Nasdaq Open Higher After Soft Inflation Data

Saturday, 23 December 2023 04:22 WIB | Market update

The S&P 500 and the Nasdaq opened higher on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year. The Dow Jones Industrial Average fell 55.08 points, or 0.15%, at the open to...

Wall St Ends Sharply Higher, Rebounding with a Boost from Chips

Friday, 22 December 2023 10:55 WIB | Market update

U.S. stocks closed higher on Thursday, winning back much of the previous day's losses, as economic data fueled optimism that the Federal Reserve would ease monetary policy and revived investor risk appetite. All three major U.S. stock posted gains as chips surged, led by Micron Technology (MU.O)...

Dow Closes more than 470 Points Lower Wednesday to Snap 9-Day Win Streak

Thursday, 21 December 2023 10:54 WIB | Market update

Stocks tumbled on Wednesday as investors cashed in some profits following the market’s recent hot streak, and FedEx dragged the S&P 500 lower. The Dow Jones Industrial Average slid 475 points, or about 1.3%. The S&P 500 declined nearly 1.5%, while the Nasdaq Composite was lower by...

Wall Street Ends Higher as Rate-Cut Fever Lingers

Wednesday, 20 December 2023 11:04 WIB | Market update

Wall Street extended its rally on Tuesday, advancing on the day as last week's dovish policy pivot from the Federal Reserve continued to reverberate and investors looked ahead to crucial inflation data. Broad-based gains boosted all three major U.S. stock indexes and nudged the S&P 500 to...

Wall Street Ends Higher, Extending Rate-Cut Rally

Tuesday, 19 December 2023 10:55 WIB | Market update

U.S. stocks gained ground on Monday as market participants parsed mounting expectations of interest rate cuts from the Federal Reserve in the coming year and looked ahead to a week of crucial economic data. A broad but modest rally boosted the S&P 500 and the Nasdaq to solid gains, while the...

U.S. Stocks Rise Slightly Monday As Market Adds To Seven-Week Advance

Tuesday, 19 December 2023 04:24 WIB | Market update

U.S. stocks rose Monday after the three major averages notched their seventh straight week of gains. The Dow Jones Industrial Average gained 31 points, or 0.1%. The S&P 500 climbed 0.3%, and the Nasdaq Composite advanced 0.1%. The winning streak for the S&P 500 marked its longest string...

S&P 500, Dow Muted at Open as Rate-Cut Cheer Ebbs

Saturday, 16 December 2023 04:31 WIB | Market update

The S&P 500 and the Dow edged lower at market open on Friday after comments from a U.S. Federal Reserve official dampened recent upbeat sentiment. The Dow Jones Industrial Average (.DJI) fell 53.85 points, or 0.14%, at the open to 37,194.50. The S&P 500 (.SPX) opened lower by 5.32...

Wall St Opens Higher after Soft PPI Data, Fed's Verdict on Tap

Thursday, 14 December 2023 04:31 WIB | Market update

Wall Street's main indexes opened higher on Wednesday as fresh data showed signs of cooling inflation ahead of the Federal Reserve's final policy decision of the year, where it is widely expected to leave interest rates unchanged. The Dow Jones Industrial Average rose 23.86 points, or 0.07%, at...

U.S. Stocks Open Mixed as Investors Weigh Fresh Data on Inflation

Wednesday, 13 December 2023 04:28 WIB | Market update

U.S. stocks opened mixed on Tuesday as investors weighed a reading on inflation that was largely in line with economists’ forecasts. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell, while the S&P 500 slipped 0.2% and the Nasdaq Composite fell 0.1%, according...

U.S. Stocks Open Mostly Lower as Investors Look ahead to Inflation Data, Fed Policy Meeting

Tuesday, 12 December 2023 04:33 WIB | Market update

U.S. stocks opened mostly lower on Monday, after six straight weeks of gains, as investors look ahead to inflation data and the Federal Reserve’s policy meeting this week. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 shed 0.1% and the Nasdaq...

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