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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...

Dow and S&P 500 climb to new all-time highs

Tuesday, 23 January 2024 06:58 WIB | Market update

Stocks rose Monday as investors built on the previous session’s historic move to record highs. The Dow Jones Industrial Average climbed 150 points, or 0.5%, to a new record level. The S&P 500 added 0.2%, also reaching a fresh all-time high. The Nasdaq Composite advanced 0.3%. Macy’s rose...

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...

Stocks are Slightly Higher Friday as the Earnings Season Kicks Off

Saturday, 13 January 2024 04:29 WIB | Market update

Stocks rose slightly Friday as traders parsed through the first batch of fourth-quarter earnings while they digested the second in a pair of closely watched inflation reports this week. The Dow Jones Industrial Average traded 94 points higher, or 0.3%. The S&P 500 gained 0.3%, and the Nasdaq...

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...

Dow Opens Lower as Boeing Weighs; Megacaps Lift S&P 500, Nasdaq

Tuesday, 9 January 2024 04:22 WIB | Market update

The Dow opened lower on Monday, hurt by a tumble in Boeing shares following the grounding of some its jets, while megacap stocks lifted the S&P 500 and the Nasdaq. The Dow Jones Industrial Average (.DJI) fell 138.74 points, or 0.37%, at the open to 37,327.37. The S&P 500 (.SPX) opened...

S&P 500 Falls, but Looks to Close Out 2023 with 24% Gain

Saturday, 30 December 2023 06:44 WIB | Market update

Stocks slipped on Friday, but Wall Street edged closer to wrapping a winning year for all the major averages. The S&P 500 fell 0.5%, while the Dow Jones Industrial Average lost 110 points, or 0.3%. The Nasdaq Composite edged down 0.9%. “Momentum continues to remain favorable heading into...

S&P 500 Rises Slightly as Index Tries to Reach All-Time High

Friday, 29 December 2023 06:40 WIB | Market update

The S&P 500 rose slightly Thursday as the benchmark closed in on a new all-time high. The broad market index traded 0.1% higher, putting it within striking distance of its highest closing level ever, which was set in January 2022 at 4,796.56. The Dow Jones Industrial Average added 33 points,...

Wall St Ekes Out Modest Gains as S&P 500 Hovers Near All-Time Closing High

Thursday, 28 December 2023 10:57 WIB | Market update

U.S. stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to fuel conviction as the S&P 500 hovered just below bull market confirmation. Volume was light and the three major U.S. stock indexes oscillated between modest gains and losses throughout the...

Stocks are Little Changed Wednesday, S&P 500 Trades Near Record High

Thursday, 28 December 2023 06:46 WIB | Market update

Stocks were little changed Wednesday as traders kept an eye on the S&P 500′s march toward record levels. The S&P 500 and Nasdaq Composite inched slightly lower, while the Dow Jones Industrial Average rose 50 points, or 0.1%. The broad market index was within 0.5% of its closing record...

S&P 500 Ends Higher Ahead of Long Holiday Weekend

Saturday, 23 December 2023 10:59 WIB | Market update

U.S. stocks gyrated to a mixed close on Friday as investors headed into the long Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year. All three indexes turned less decisive as the afternoon...

Wall St Ends Sharply Higher, Rebounding with a Boost from Chips

Friday, 22 December 2023 10:55 WIB | Market update

U.S. stocks closed higher on Thursday, winning back much of the previous day's losses, as economic data fueled optimism that the Federal Reserve would ease monetary policy and revived investor risk appetite. All three major U.S. stock posted gains as chips surged, led by Micron Technology (MU.O)...

Dow Closes more than 470 Points Lower Wednesday to Snap 9-Day Win Streak

Thursday, 21 December 2023 10:54 WIB | Market update

Stocks tumbled on Wednesday as investors cashed in some profits following the market’s recent hot streak, and FedEx dragged the S&P 500 lower. The Dow Jones Industrial Average slid 475 points, or about 1.3%. The S&P 500 declined nearly 1.5%, while the Nasdaq Composite was lower by...

Wall Street Ends Higher as Rate-Cut Fever Lingers

Wednesday, 20 December 2023 11:04 WIB | Market update

Wall Street extended its rally on Tuesday, advancing on the day as last week's dovish policy pivot from the Federal Reserve continued to reverberate and investors looked ahead to crucial inflation data. Broad-based gains boosted all three major U.S. stock indexes and nudged the S&P 500 to...

Wall Street Ends Higher, Extending Rate-Cut Rally

Tuesday, 19 December 2023 10:55 WIB | Market update

U.S. stocks gained ground on Monday as market participants parsed mounting expectations of interest rate cuts from the Federal Reserve in the coming year and looked ahead to a week of crucial economic data. A broad but modest rally boosted the S&P 500 and the Nasdaq to solid gains, while the...

S&P 500, Dow Muted at Open as Rate-Cut Cheer Ebbs

Saturday, 16 December 2023 04:31 WIB | Market update

The S&P 500 and the Dow edged lower at market open on Friday after comments from a U.S. Federal Reserve official dampened recent upbeat sentiment. The Dow Jones Industrial Average (.DJI) fell 53.85 points, or 0.14%, at the open to 37,194.50. The S&P 500 (.SPX) opened lower by 5.32...

Wall St Opens Higher after Soft PPI Data, Fed's Verdict on Tap

Thursday, 14 December 2023 04:31 WIB | Market update

Wall Street's main indexes opened higher on Wednesday as fresh data showed signs of cooling inflation ahead of the Federal Reserve's final policy decision of the year, where it is widely expected to leave interest rates unchanged. The Dow Jones Industrial Average rose 23.86 points, or 0.07%, at...

U.S. Stocks Open Mixed as Investors Weigh Fresh Data on Inflation

Wednesday, 13 December 2023 04:28 WIB | Market update

U.S. stocks opened mixed on Tuesday as investors weighed a reading on inflation that was largely in line with economists’ forecasts. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell, while the S&P 500 slipped 0.2% and the Nasdaq Composite fell 0.1%, according...

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