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Stocks Open Little Changed as Investors await March Inflation Report

Wednesday, 12 April 2023 03:18 WIB | Market update

Stocks were little changed Tuesday as investors look toward the release of economic data later this week for insight into the pace of future interest rate hikes. The Dow Jones Industrial Average rose 60 points, or 0.2%. The S&P 500 climbed less than 0.1%, and the Nasdaq Composite dipped...

Stocks Fall to Start the Week as Investorsâ€™ Recession Fears Grow

Tuesday, 11 April 2023 03:18 WIB | Market update

Stocks fell Monday as fears of a recession grew on Wall Street, and investors looked ahead to key inflation data this week. The Dow Jones Industrial Average traded 112 points lower, or 0.3%. The S&P 500 slid 0.7%. The Nasdaq Composite lagged, falling 1%. Tech stocks struggled, with shares of...

U.S. Stocks Open Lower after ADP Jobs Report

Thursday, 6 April 2023 03:16 WIB | Market update

U.S. stocks opened lower after a report showing growth in private-sector jobs in February was weaker than expected. Dow Jones Industrial Average was about flat soon after the opening bell, while the S&P 500 fell 0.1% and the Nasdaq Composite slipped 0.4%, according to FactSet data, at last...

S&P 500 Tries for Longest Winning Streak Since 2021 as U.S. Stocks Open Marginally Higher

Wednesday, 5 April 2023 03:21 WIB | Market update

U.S. stocks opened modestly higher on Tuesday as the S&P 500 tries for a fifth day in the green what would be the index's longest winning streak of 2023. The S&P 500 climbed 5 points, or 0.1%, to 4,129. The Dow Jones Industrial Average lagged, falling 7 points, or less than 0.1%, to...

U.S. Stocks Open Mixed as Oil Prices Jump

Tuesday, 4 April 2023 03:19 WIB | Market update

U.S. stocks opened little changed Monday, while oil prices bounced after Saudi-led crude producers announced a surprise production cut over the weekend, saying they would reduce output by over a million barrels per day from May. The S&P 500 fell less than 0.1% shortly after the opening bell....

Stocks cut losses as Deutsche Bank shares rebound from lows

Saturday, 25 March 2023 06:07 WIB | Market update

Stocks recovered some of their earlier session declines Friday as Deutsche Bank shares pared back some losses. The Dow Jones Industrial Average declined 58 points, or 0.1%. The S&P 500 dipped 0.2%, while Nasdaq Composite was 0.5% lower. Deutsche Bank â€™s U.S.-listed shares slid about 4.2%...

Dow Rebounds by 300 Points, Clawing Back Some of Wednesdayâ€™s Fed-Induced Sell-Off

Friday, 24 March 2023 06:09 WIB | Market update

Stocks rebounded Thursday from a 500-point loss in the Dow Jones Industrial Average as investors bet the Federal Reserve was done hiking interest rates. The Dow Jones Industrial Average added 391 points, or 1.2%. The S&P 500 rose 1.4%, and the Nasdaq Composite advanced by 2.2%. Technology...

U.S. Stocks Struggle for Direction at the Open before Slipping as Fed Decision Looms

Thursday, 23 March 2023 03:22 WIB | Market update

U.S. stocks were trading lower after struggling for direction at the open on Wednesday ahead of the Federal Reserveâ€™s decision on its interest rate policy. The Dow Jones Industrial Average was down 0.1% soon after the opening bell, while the S&P 500 dipped 0.1% and the Nasdaq Composite...

U.S. Stocks Hold Gains as Bank Tensions Ease and Fed Decision Looms

Wednesday, 22 March 2023 06:15 WIB | Market update

U.S. stocks were holding onto gains midsession Tuesday after a sharply higher opening, while anxiety about the banking sector recedes and traders wonder how high the Federal Reserve will raise interest rates on Wednesday â€” if at all. The S&P 500 climbed 22 points, or 0.5% to 3,973. The Dow...

Dow Rises more than 200 Points as Investors Hope Credit Suisse Rescue Stifles Bank Crisis

Tuesday, 21 March 2023 06:28 WIB | Market update

The Dow rose Monday after the Swiss government engineered a forced takeover of Credit Suisse by UBS, marking the latest effort by governments around the world to stifle a crisis threatening the banking sector. The Dow Jones Industrial Average gained 292 points, or 0.9%. Meanwhile, the...

Wall Street Ends Sharply Lower on Bank Contagion Fears

Saturday, 18 March 2023 09:52 WIB | Market update

Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. All three indexes ended the session deep in negative territory, with financial stocks (.SPNY) down the most among...

Wall Street Closes Higher as First Republic Helps Lift Banks

Friday, 17 March 2023 09:55 WIB | Market update

A strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday, after media reports said some of the country's largest lenders were in talks to aid First Republic Bank. The technology sector (.SPLRCT) also contributed to the gains, helping to boost the Nasdaq...

Wall Street Down as Credit Suisse Sparks Fresh Bank Selloff

Thursday, 16 March 2023 09:55 WIB | Market update

U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month. Benchmark indexes regained some ground in late trade after Bloomberg reported the Swiss...

Wall Street Ends Green as Inflation Cools, Bank Jitters Ebb

Wednesday, 15 March 2023 09:51 WIB | Market update

U.S. stocks rebounded on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week. All three major U.S. stock indexes closed in positive territory,...

Dow falls for fifth straight session as S&P 500 erases early gains; Nasdaq ends higher

Tuesday, 14 March 2023 11:12 WIB | Market update

U.S. stocks finished mostly lower on Monday as the main indexes pared early gains while falling bank stocks continued to weigh on the market. The S&P 500 shed 5.85 points, or 0.2%, to 3,855.74, while the Nasdaq Composite gained 49.96 points, or 0.5%, to 11,188.84, and the Dow Jones Industrial...

Wall St Opens Higher Ahead of Payrolls Data

Friday, 10 March 2023 04:20 WIB | Market update

Wall Street's main indexes opened higher on Thursday as a greater-than-expected rise in weekly jobless claims eased some rate-hike jitters ahead of a key payrolls report that could determine the Fed's monetary policy path. The Dow Jones Industrial Average rose 78.43 points, or 0.24%, at the open...

U.S. Stocks Open Modestly Lower as Investors await Powell Testimony

Wednesday, 8 March 2023 04:17 WIB | Market update

U.S. stock indexes opened modestly lower on Tuesday as traders awaited Federal Reserve Chairman Jerome Powell's testimony before Congress on the state of the economy. The Dow Jones Industrial Average shed 5 points, leaving it nearly flat at 33,425.The S&P 500 and the Nasdaq Composite each...

U.S. Stocks Open Higher as S&P 500 Attempts to Extend Fridayâ€™s Gains

Tuesday, 7 March 2023 04:16 WIB | Market update

U.S. stocks opened higher Monday, with the S&P 500 up slightly, as major indexes attempt to extend sharp gains booked Friday. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell, while the S&P 500 rose 0.2% and the Nasdaq Composite gained 0.4%, according to...

Stocks gain as 10-year yield falls back below key 4% level

Saturday, 4 March 2023 04:17 WIB | Market update

U.S. equities rose Friday as the 10-year Treasury yield dipped back below 4%. The Dow Jones Industrial Average rose 77 points, or 0.2%. The S&P 500 climbed 0.4% and the Nasdaq Composite gained 0.5%. Those moves come as U.S. Treasury yields retreated, with the yield on benchmark 10-year...

Stocks Fall to Start a New Month of Trading as Yields Extend their Climb

Thursday, 2 March 2023 04:17 WIB | Market update

U.S. equities fell on Wednesday, the first day of March, as traders struggled to recover their footing following a losing month and bond yields continued their climb. The Dow Jones Industrial Average dipped 51 points, or 0.1%. The S&P 500 added 0.2%, and the Nasdaq Composite hovered under the...

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