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Wall St Ends Strong Month on Upbeat Company Earnings

Tuesday, 1 August 2023 09:48 WIB | Root

U.S. stocks ended little changed on Monday, ending a strong July on upbeat company earnings and hopes of a soft landing for a resilient U.S. economy. All three major stock indexes ended with gains for the month, ahead of a busy week of earnings reports from companies including Amazon.com and...

US Stocks Head for Weekly Gain on Rising Soft-Landing Bets

Saturday, 29 July 2023 03:21 WIB | Root

US stocks rallied Friday, putting them on track for a third straight weekly advance, as fresh data bolstered optimism that inflation continues to cool without taking down the economy. The S&P 500 rose 0.7% at the open, led by gains in the biggest technology shares, from Apple Inc. to...

Stock Futures are Higher as Investors Look Toward Fedâ€™s Favorite Inflation Gauge

Friday, 28 July 2023 22:14 WIB | Root

Stock futures ticked up early Friday as Wall Street awaited new inflation data due Friday morning. Futures tied to the Dow Jones Industrial Average were 78 points, or 0.22% higher. S&P 500 futures were up by 0.34%, while Nasdaq 100 futures advanced 0.59%. A mixed batch of earnings reports...

Wall Street Rises on Meta Boost, Soft Landing Hopes

Friday, 28 July 2023 03:16 WIB | Root

Wall Street's main indexes opened higher on Thursday on hopes that the Federal Reserve's policy tightening was ending and the world's largest economy was heading for a soft landing, while Meta Platforms jumped on strong third-quarter revenue forecast. The Dow Jones Industrial Average rose 38.67...

U.S. Stocks Open Lower as Investors Assess Big Tech Earnings, Await Fed's Interest-Rate Decisions

Thursday, 27 July 2023 03:19 WIB | Root

U.S. stock indexes opened lower on Wednesday morning as investors digested mixed earnings from Microsoft and Alphabet ahead of a Federal Reserve interest-rate decision that could push borrowing costs to their highest in 22 years. The Dow Jones Industrial Average was off 4 points, leaving it...

Dow Down Slightly at the Open, Threatens to Snap Win Streak as Fed Decision Looms

Wednesday, 26 July 2023 03:16 WIB | Root

U.S. stocks opened mostly lower Tuesday, with the Dow Jones Industrial Average threatening to snap its win streak, as investors look ahead to the Federal Reserveâ€™s interest-rate decision on Wednesday. The Dow Jones Industrial Average was down 0.1% soon after the opening bell, while the S&P...

U.S. Stocks Open Higher ahead of Big Tech Earnings, Central-Bank Decisions

Tuesday, 25 July 2023 03:17 WIB | Root

U.S. stock indexes opened higher on Monday, as the Dow Jones Industrial Average looking to extend its 10-session winning streak. Investors are awaiting a batch of earnings reports from megacap growth and technology companies while eying on monetary-policy decisions from the worldâ€™s major...

U.S. Stocks Open Mostly Lower as Disappointing Tech Earnings Weigh on Nasdaq

Friday, 21 July 2023 03:18 WIB | Root

U.S. stock indexes opened mostly lower on Thursday as the Nasdaq Composite and S&P 500 were hit with a batch of disappointing earnings from technology behemoths, raising concerns about growth. The S&P 500 dropped 8 points, or 0.2, to 4,557, while the Nasdaq Composite declined 0.6% and the...

Stocks rise, Dow goes for 8-day winning streak as earnings season rolls on

Thursday, 20 July 2023 03:13 WIB | Root

Stocks rose Wednesday as the corporate earnings season continued, with the Dow Jones Industrial Average trying for its eighth straight day of gains. The Dow traded 109 points higher, or 0.3%. The S&P 500 climbed 0.3% as well, along with the Nasdaq Composite. Goldman Sachs reported a miss on...

U.S. Stocks Open Slightly Lower as Investors Weigh Bank Earnings, Retail Sales Data

Wednesday, 19 July 2023 03:15 WIB | Root

U.S. stocks opened lower Tuesday as investors weighed bank earnings and a report showing retail sales rose in June. The Dow Jones Industrial Average slipped 0.1% soon after the opening bell, while the S&P 500 dipped 0.1% and the Nasdaq Composite fell 0.2%, according to FactSet data, at last...

Dow Slips at the Open as U.S. Stocks Kick off the Week Mixed

Tuesday, 18 July 2023 03:17 WIB | Root

U.S. stocks opened mixed Monday, with the Dow Jones Industrial Average slipping after five straight days of gains, as investors assessed a survey on manufacturing activity in New York state. The Dow Jones Industrial Average was down 0.1% soon after the opening bell, while the S&P 500 edged up...

U.S. Stocks Mostly Higher after June Slowdown in Jobs Growth as S&P 500 Struggles to Avoid 3rd Straight Drop

Saturday, 8 July 2023 06:03 WIB | Root

U.S. stocks were mostly higher on Friday as the S&P 500 index struggled to avert a third straight loss following the release of the Labor Departmentâ€™s June nonfarm payrolls report, which showed the pace of job creation slowed last month while wage growth remained robust. Dow Jones...

Dow Falls more than 400 Points as Jobs Data Raises Fears of Future Rate Hikes

Friday, 7 July 2023 06:06 WIB | Root

Stocks slid on Thursday after better-than-expected jobs data increased investorsâ€™ anxiety around the state of the economy and path of interest rates. The Dow Jones Industrial Average dropped 441 points, or 1.3%. The S&P 500 lost 1.1%, while the Nasdaq Composite dropped 1.3%. Private sector...

U.S. Stocks Slightly Lower with Fed Minutes Ahead

Thursday, 6 July 2023 05:58 WIB | Root

U.S. stocks were slightly lower Wednesday as traders awaiteded the minutes of the Federal Reserveâ€™s June policy meeting, while concerns about a faltering Chinese economy dampened risk appetite. The Dow Jones Industrial Average declined 50 points, or 0.2% to 34,368. The S&P 500 dropped 2.6...

S&P 500 is Little Changed in Shortened Session to Kick off the Second Half

Tuesday, 4 July 2023 05:59 WIB | Root

The S&P 500 was near flat Monday as investors kicked off the second half of whatâ€™s already been a stellar year on Wall Street. The broader market index was little changed. The Dow Jones Industrial Average added 40 points, or 0.1%. The Nasdaq Composite was slightly below the flatline. Tesla...

Stocks End Higher Friday, Nasdaq Scores Best First Half of a Year Since 1983

Saturday, 1 July 2023 09:52 WIB | Root

U.S. stocks closed higher Friday, ending the month strong and the first half of 2023 with robust gains as a long anticipated economic recession failed to materialize. The Dow Jones Industrial Average rose about 283 points Friday, up 0.8%, ending near 34,405, according to preliminary FactSet data....

Stock Futures Rise Slightly as The Market Nears The End of Quarter And First Half

Friday, 30 June 2023 00:07 WIB | Root

Stock futures were up slightly Wednesday as the market approaches the end of the second quarter and the first half of 2023 with solid gains. Futures on the Dow Jones Industrial Average gained 49 points, or 0.1%. S&P 500 futures were also higher by 0.1% along with Nasdaq-100 futures. Micron...

US Stocks Slip As Fed Remains Hawkish

Thursday, 29 June 2023 09:49 WIB | Root

US stocks mostly fall as Fed Chair Jerome Powell says the central bank is likely to raise interest rates again after pausing hikes at its latest meeting. Chip stocks trade lower as The WSJ reports that the US was considering new restrictions on AI chip exports to China. General Mills loses 5.2%...

Wall Street Closes Higher as Upbeat Economic Data Allays Slowdown Fears

Wednesday, 28 June 2023 09:46 WIB | Root

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes. Separate reports showed new orders for key U.S.-manufactured capital goods...

Wall Street Slips as Investors Eye Russia, More Fed Hikes

Tuesday, 27 June 2023 09:59 WIB | Root

U.S. stocks closed lower on Monday, as investors were wary of making riskier bets after Russia's aborted weekend mutiny. Investors were uncertain about the implications of the rebellion by Russian mercenaries that raised questions about President Vladimir Putin's future. While Putin on Monday...

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