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S&P 500 Rises On Friday To Close At 2023 High
Saturday, 2 December 2023 10:53 WIB | Market update

The S&P 500 soared to a closing high for 2023 on Friday, extending November’s rally into the new month. The Dow Jones Industrial Average added 305 points, or 0.8%, while the S&P 500 rose by 0.6%. The tech-heavy Nasdaq Composite advanced 0.6%. The Dow rose to another new high on Friday,...


U.S. stocks open lower after strong November as investors await Fed Chair Jerome Powell
Saturday, 2 December 2023 04:29 WIB | Market update

U.S. stocks opened lower on Friday, kicking off December with a slight decline, as investors await remarks from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average was down less than 0.1% soon after the opening bell, while the S&P 500 fell 0.2% and the Nasdaq Composite shed...


Dow Jumps 500 Points To New 2023 High Thursday, Capping 8% November Rally
Friday, 1 December 2023 10:55 WIB | Market update

The Dow Jones Industrial Average rallied Thursday to a new high for the year, as more cooling inflation data and strong Salesforce earnings capped the benchmark’s best month since October 2022. The 30-stock Dow gained 519 points, or 1.5% to about 35,950, surpassing its previous high for the year...


Dow Jumps More Than 150 Points, Approaches New 2023 High After More Cooling Inflation Data
Friday, 1 December 2023 04:28 WIB | Market update

Stocks rose Thursday, buoyed by inflation data that increased hopes the Federal Reserve could begin cutting rates next year. Wall Street is poised to wrap up November with the strongest monthly gains in over a year. The Dow Jones Industrial Average gained 180 points, or 0.5%. The S&P 500...


U.S. Stocks End Mostly Lower, But Head For Big Monthly Gains
Thursday, 30 November 2023 10:57 WIB | Market update

U.S. stocks ended mostly a shade lower on Wednesday, but remained on track for the biggest monthly gains of 2023. The Dow Jones Industrial Average eked out a gain of around 14 points, or less than 0.1%, to close near 35,431, according to preliminary figures. The S&P 500 fell 0.1%, while the...



Dow Closes Higher Tuesday As Hope Grows That Fed Is Done Raising Rates
Wednesday, 29 November 2023 10:59 WIB | Market update

U.S. stocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates further. The Dow Jones Industrial Average added about 83 points, or 0.2%, while the S&P 500 inched higher by 0.1%. The...


U.S. stocks open mostly lower, with S&P 500 falling slightly ahead of Fed speakers
Wednesday, 29 November 2023 04:36 WIB | Market update

U.S. stocks opened mostly lower Tuesday, with the S&P 500 heading for a potential back-to-back decline, as investors await remarks from Federal Reserve officials. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell, while the S&P 500 slipped 0.1% and the...


Dow Closes Lower Monday As Four-Week Rally Takes A Break
Tuesday, 28 November 2023 10:54 WIB | Market update

U.S. stocks fell on Monday, as traders took a breather after the major averages posted a four-week winning streak. The Dow Jones Industrial Average shed 56.68 points, or 0.16%. The S&P 500 dipped 0.2%, while the tech-heavy Nasdaq Composite ticked lower by 0.07%. Wall Street is coming off its...


U.S. Stocks Open Lower as Rally Pauses After 4-Week Winning Streak
Tuesday, 28 November 2023 04:27 WIB | Market update

U.S. stocks opened marginally lower on Monday following a torrid four-week winning streak that has left the S&P 500 up more than 8.5% since the start of November, according to FactSet data. The S&P 500 was off by 8 points, or 0.1%, at 4,550 shortly after the open, while the Nasdaq...


U.S. Stocks Gain As 10-Year Yield Falls To 2-Month Low Heading Into Thanksgiving Holiday
Thursday, 23 November 2023 04:29 WIB | Market update

U.S stocks rose Wednesday as yields fell to their lowest level in two months and traders tried to go into the Thanksgiving holiday on a high note. The Dow Jones Industrial Average gained 143 points, or 0.4%. The S&P 500 climbed 0.5%, and the Nasdaq Composite advanced 0.8%. The yield on the...


U.S. Stocks Slide As November Rally Pauses On Some Weak Retail Earnings
Wednesday, 22 November 2023 04:22 WIB | Market update

U.S. stocks were down Tuesday as traders assessed some disappointing retail results and looked ahead to the release of the Federal Reserve meeting minutes. The Dow Jonws Industrial Average slipped 56 points, or 0.2%. The S&P 500 dipped 0.25%, and the Nasdaq Composite fell 0.6%. Lowe’s...


U.S. Stocks Are Flat To Start The Week
Tuesday, 21 November 2023 04:25 WIB | Market update

U.S. equities were little changed Monday, as Wall Street started the shortened Thanksgiving holiday week. The Dow Jones Industrial Average and S&P 500 rose 0.1%. The Nasdaq Composite climbed 0.3%. Microsoft shares were up 1% after CEO Satya Nadella said former OpenAi chief Sam Altman will be...


Stocks slip Friday, but head for third straight winning week
Saturday, 18 November 2023 06:46 WIB | Market update

Stocks fell slightly Friday but remained on course for another weekly gain, as the November rally carries on. The Dow Jones Industrial Average slid 30 points, or 0.1%. The S&P 500 fell by less than 0.1%, while the Nasdaq Composite lost 0.1%. The major averages are all on pace for their third...


U.S. Stocks Open Mostly Higher With Dow On Track For Third Straight Week Of Gains
Saturday, 18 November 2023 04:23 WIB | Market update

U.S. stocks opened mostly higher Friday, with the S&P 500 attempting a fourth straight day of gains. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 rose 0.1% and the Nasdaq Composite edged down 0.1%, according to FactSet data, at last...


Stocks slip Thursday as November rally takes a breather
Friday, 17 November 2023 07:13 WIB | Market update

Stocks fell Thursday, led by sharp losses in the energy sector, as investors took a break from the rally seen this month. The Dow Jones Industrial Average was down 148 points, or 0.4%. The S&P 500 shed 0.3%, and the Nasdaq Composite fell 0.4%. Chevron was down more than 1%, while the S&P...


U.S. Stocks Slip As November Rally Takes A Breather
Friday, 17 November 2023 04:24 WIB | Market update

U.S. stocks fell slightly Thursday as this month’s market rally appeared to take a pause. The Dow Jones Industrial Average slid 77 points, or 0.2%. The S&P 500 was down by 0.1%, and the Nasdaq Composite fell 0.2%. Shares of Cisco Systems dropped 10% after the company offered weak guidance...


Stocks gain after more encouraging inflation data as rally continues
Thursday, 16 November 2023 07:22 WIB | Market update

Stocks rose Wednesday, building on the strong rally from the previous session, on the back of more encouraging inflation data. The Dow Jones Industrial Average traded 148 points higher, or 0.4%. The S&P 500 climbed 0.3%, as did the Nasdaq Composite. After tumbling 18 basis points on Tuesday,...


U.S. Stocks Gain After More Encouraging Inflation Data As Rally Continues
Thursday, 16 November 2023 04:23 WIB | Market update

U.S. stocks ticked higher Wednesday, as traders tried to extend a strong rally from the previous session on the back of more encouraging inflation data. Wall Street also had its eyes on Washington as lawmakers tried to avoid a government shutdown. October’s producer price index, which measures...


Wall Street rally builds momentum, Dow rallies 500 points
Wednesday, 15 November 2023 06:57 WIB | Market update

Stocks rallied Tuesday, building on their strong November gains, as Wall Street cheered new U.S. inflation data that raised hope of the Federal Reserve wrapping up its rate-hiking campaign. The Dow Jones Industrial Average jumped 565 points, or 1.7%, marking its second 500-point gain this month....



US Retail Sales Exceed Forecast and Prior Month Revised Higher
Monday, 15 April 2024 19:43 WIB

US retail sales rose by more than forecast in March and the prior month was revised higher, showcasing resilient consumer demand that's likely to...

Dow Futures Rebound from Worst Week of 2024 Even as Traders Brace for Israel Response to Iran Attack
Monday, 15 April 2024 18:22 WIB

U.S. stock futures ticked higher Monday even as investors dealt with a multitude of issues, including Iran's missile and drone strike on Israel and...

Fed's Powell: Restrictive Policy Needs Further Time to Work
Wednesday, 17 April 2024 00:53 WIB

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...

New US Home Construction Falls to Lowest Level Since August
Tuesday, 16 April 2024 19:46 WIB

New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...

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