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U.S. Stocks Finish Mostly Lower as S&P 500, Nasdaq Snap 6-Day Winning Streaks

Saturday, 27 January 2024 11:07 WIB | Market update

U.S. stocks finished mostly lower on Friday, with the S&P 500 and Nasdaq Composite snapping six-day winning streaks that had carried the S&P 500 to five-straight record closes. Markets received a boost earlier in the session from monthly PCE data that showed the Federal Reserve's...

Nasdaq 100 Futures Slide After Intel Guidance Disappoints

Friday, 26 January 2024 22:47 WIB | Market update

Nasdaq 100 futures slid on Friday morning after Intel issued an outlook that fell short of Wall Street’s expectations. Futures linked to the tech-heavy index shed 0.71%. S&P 500 futures dropped 0.53%, while Dow Jones Industrial Average futures slipped 242 points, or 0.64%. In after-hours...

S&P 500 Closes Higher for a Sixth Day, Powered by Strong GDP Data

Friday, 26 January 2024 11:06 WIB | Market update

The S&P 500 rose for a sixth straight day, overcoming a slump in Tesla as data indicated continued economic growth. The broad index rose 0.53% to 4,894.16, clinching another all-time closing record. The Dow Jones Industrial Average added 242.74 points, or 0.64%, to 38,049.13. The Nasdaq...

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...

S&P 500 Ekes Out Another Record High as Netflix and Chipmakers Leap

Thursday, 25 January 2024 11:10 WIB | Market update

The S&P 500 climbed to its fourth straight record high close on Wednesday, as Netflix surged following blowout quarterly results and a strong report from ASML fueled gains in chipmakers. Riding optimism about Wall Street's most valuable companies, Microsoft (MSFT.O), hit an all-time high,...

Nasdaq rises 1%, S&P 500 hits another record as Netflix leads tech rally

Thursday, 25 January 2024 07:22 WIB | Market update

Stocks rose Wednesday as Netflix led a broader rally among technology names, pushing the broader market to new heights. The technology-heavy Nasdaq Composite advanced 1%. The S&P 500 climbed 0.7%, on track to clinch a new all-time closing record. The Dow Jones Industrial Average traded 129...

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...

S&P 500 Notches Third Straight Record High Close

Wednesday, 24 January 2024 11:03 WIB | Market update

The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Netflix, Tesla and other companies later this week. It was the third straight all-time high for the benchmark stock index, and many...

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 Closes with Record High for 2nd Session in Row

Tuesday, 23 January 2024 11:01 WIB | Market update

The S&P 500 hit a record high close for a second straight session on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for clues on this year's profit outlook. The benchmark confirmed a bull market on Friday after posting a record high close for the...

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...

Wall St Opens Higher with Chips, Megacaps in Spotlight

Saturday, 20 January 2024 04:25 WIB | Market update

Wall Street's main indexes opened higher on Friday as chip and megacap stocks continued their rise, while investors kept a close watch on ongoing corporate earnings and any hints about the timing of rate cuts. The Dow Jones Industrial Average (.DJI), opens new tab rose 103.89 points, or 0.28% at...

S&P 500 Rises Thursday as Apple Leads Tech Higher

Friday, 19 January 2024 04:23 WIB | Market update

The S&P 500 rose Thursday, boosted by tech gains, as the market tried to regain its footing after yet another losing session. The broad market index climbed 0.4%, while the Nasdaq Composite jumped nearly 1%. The Dow Jones Industrial Average underperformed, losing 108 points, or 0.3%. Apple...

Dow Falls for a Third Day, Loses more than 100 Points as Yields Continue Climbing

Thursday, 18 January 2024 04:21 WIB | Market update

Stocks fell Wednesday as yields continued to track higher, putting Wall Street on pace to build on the losses from the previous session. The Dow Jones Industrial Average dipped 164 points, or 0.5%. The S&P 500 fell 0.7%, and the Nasdaq Composite lost 0.9%. Retail sales data for December came...

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...

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 04:26 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 0.1%, while the Dow Jones Industrial Average gained 32 points, or 0.1%. The Nasdaq Composite advanced 0.2%. 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...

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...

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