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Dow rises to fresh record as investors cheer more strong economic data, falling rates

Friday, 15 December 2023 07:11 WIB | Market update

The Dow Jones Industrial Average kept its rally going Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below 4% and a surprise gain in retail sales gave investors further confidence 2024 would bring a soft economic landing. The Dow was up 165...

Stocks rise Wednesday as traders await latest Fed decision

Thursday, 14 December 2023 06:53 WIB | Market update

U.S. stocks were higher Wednesday as investors await the Federal Reserve’s latest policy decision. The Dow Jones Industrial Average climbed 8 points, or about 0.02%. The S&P 500 added 0.09% while the Nasdaq Composite advanced 0.03%. Shares of Pfizer pulled back more than 7%, touching a...

Stocks Close Higher for a 4th Day, S&P 500 Touches Highest Level S0ince January 2022

Wednesday, 13 December 2023 10:53 WIB | Market update

Stocks were higher on Tuesday as Wall Street parsed through another round of inflation data in search for clues on when the Federal Reserve could start easing monetary policy. The S&P 500 ticked up 0.3%, while the Dow Jones Industrial Average climbed 158 points, or 0.4%. The Nasdaq Composite...

U.S. stocks turn higher after inflation report, with eyes on Fed decision and ’24 outlook

Wednesday, 13 December 2023 06:29 WIB | Market update

U.S. stocks are slightly higher Tuesday morning, back in the green as investors digest new data on inflation’s slow retreat and await the Federal Reserve’s interest rate announcement Wednesday and its 2024 outlook. The S&P 500 gained 6 points, or 0.1% to 4628. The Dow Jones Industrial Average...

Dow Rises 150 Points to Clinch Third Straight Winning Day as Stocks’ December Hot Streak Resumes

Tuesday, 12 December 2023 10:59 WIB | Market update

The S&P 500 climbed on Monday as investors tried to continue Wall Street’s year-end momentum. The broad market index gained 0.39% to close at 4,622.44, while the Nasdaq Composite added 0.2% to 14,432.49. The Dow Jones Industrial Average advanced about 157 points, or 0.4%, to finish the...

S&P 500 is little changed to start the week as Wall Street awaits final Fed meeting of 2023

Tuesday, 12 December 2023 07:14 WIB | Market update

The S&P 500 was little changed on Monday as investors awaited the final Federal Reserve meeting of 2023 for any signals on when central bankers will begin to cut interest rates. The broad market index hovered near the flatline while the Nasdaq fell 0.3%. The Dow Jones Industrial Average...

S&P 500 Notches New High For 2023 Friday, On Six-Week Hot Streak

Saturday, 9 December 2023 10:57 WIB | Market update

The S&P 500 rose on Friday to hit a new high for the year after the November jobs report and University of Michigan consumer survey data signaled a resilient economy and cooling inflation, fueling hopes for a so-called soft landing scenario. The Dow Jones Industrial Average gained 160 points,...

S&P 500 is Little Changed, on Pace to Snap 5-Week Win Streak as Comeback Rally Pauses

Saturday, 9 December 2023 06:50 WIB | Market update

Stocks gyrated on Friday with the S&P 500 headed for a slight decline on the week as a 5-week comeback in the benchmark takes a breather despite economic data that backed bulls hopes for an economic soft landing. The Dow Jones Industrial Average gained 24 points, or 0.1%. The S&P 500...

U.S. Stocks End Higher, Dow Closes Less Than 2% From Record

Friday, 8 December 2023 10:58 WIB | Market update

U.S. stocks closed higher Thursday ahead of Friday’s jobs report for November, with the equity rally lifting the Dow Jones to less than 2% from its last record finish. The Dow Jones Industrial Average gained about 63 points, or 0.2%, closing near 36,117, according to preliminary FactSet data....

S&P 500 Rises, Tries to Snap 3-Day Slide Ahead of Friday’s Jobs Report

Friday, 8 December 2023 06:32 WIB | Market update

The S&P 500 rose Thursday, attempting to snap a three-day losing streak with traders looking ahead to Friday’s all-important jobs report. The broad market index climbed 0.7%, while the Dow Jones Industrial Average added 2 points, trading near flat. The Nasdaq Composite advanced 1.1% as...

U.S. stocks open higher as investors digest jobless-claims report

Friday, 8 December 2023 04:25 WIB | Market update

U.S. stocks opened higher Thursday as investors digested fresh data showing initial jobless claims inched up. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 rose 0.5% and the Nasdaq Composite gained 0.7%, according to FactSet data, at last check....

Stock futures are little changed after Dow, S&P 500 register three losing days

Thursday, 7 December 2023 22:43 WIB | Market update

Stock futures hovered near the flat line Thursday morning, following a three-day run of losses for the S&P 500 and the Dow Jones Industrial Average. Futures tied to the 30-stock Dow slipped 30 points, or 0.09%. S&P 500 futures were lower by 0.03%, while Nasdaq 100 futures nudged 0.07%...

Dow, S&P 500 Slide For A Third Straight Day As Recent Rally Falters

Thursday, 7 December 2023 11:00 WIB | Market update

U.S. stocks retreated on Wednesday as investors assessed data indicating falling inflation, while the jobs report loomed. The Dow Jones industrial Average lost 70 points, or 0.2%. The S&P 500 and Nasdaq Composite shed 0.4% and 0.6%, respectively. Stocks relinquished earlier advances, with...

Stocks are Little Changed as Investors Await More Labor Data

Thursday, 7 December 2023 06:54 WIB | Market update

U.S. stocks wavered Wednesday as investors assessed economic data indicating inflation is falling. The Dow Jones industrial Average traded 2 points lower, sitting near flat. The S&P 500 and Nasdaq Composite were also little changed. Stocks cooled from earlier advances, with the Dow at one up...

Stock futures rise Wednesday after the S&P 500, Dow slip for a second day

Wednesday, 6 December 2023 22:31 WIB | Market update

U.S. stock futures climbed Wednesday morning after the S&P 500 and the Dow Jones Industrial Average slid for a second day. Futures tied to the 30-stock Dow rose 64 points, or 0.18%. S&P 500 futures and Nasdaq 100 futures added 0.28% and 0.42%, respectively. Cloud company Box was a...

Dow Closes Lower For A Second Day As Late-2023 Rally Sputters

Wednesday, 6 December 2023 10:55 WIB | Market update

U.S. stocks wavered on Tuesday as a recent rally on Wall Street lost steam. The Dow Jones Industrial Average slid 70 points, or 0.2%. The S&P 500 hovered around its flatline. The Nasdaq Composite gained 0.2% as technology shares outperformed. GitLab jumped more than 11% after the open-source...

Dow Falls for a Second Day as Market Rally Stalls

Wednesday, 6 December 2023 06:33 WIB | Market update

The Dow Jones Industrial Average slipped for a second day Tuesday as a recent rally on Wall Street lost steam. The blue-chip index slid 68 points, or 0.2%. The S&P 500 traded up 0.2%, while the Nasdaq Composite rose 0.7%. GitLab popped 13% after the open-source software development platform...

U.S. stocks open lower as rally remains on pause ahead of crucial jobs report

Wednesday, 6 December 2023 04:21 WIB | Market update

U.S. stocks opened lower on Tuesday as the market’s recent rally remained on pause ahead of a slew of economic data that will likely decide the future of interest-rate cuts by the Federal Reserve next year. The Dow Jones Industrial Average was falling 93 points, or 0.3%, to 36,113, while the...

Stock futures inch lower Monday night as major averages pause their late-2023 rally

Tuesday, 5 December 2023 22:16 WIB | Market update

Stock futures ticked down Tuesday morning after the major averages took a break from their latest hot streak. Futures tied to the Dow Jones Industrial Average slipped 58 points, or 0.16%. S&P 500 futures and Nasdaq 100 futures shed 0.26% and 0.44% respectively. In after-hours action, shares...

Nasdaq Closes Lower Monday as Major Averages Take a Breather From 5 Weeks of Gains

Tuesday, 5 December 2023 11:11 WIB | Market update

Stocks slipped on Monday as investors questioned whether the market was getting ahead of itself following five straight winning weeks. The Dow Jones Industrial Average shed 41.06 points, or 0.11%, to close at 36,204.44. The S&P 500 dropped 0.54% to 4,569.78. The Nasdaq Composite declined...

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