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Stocks Inch Slightly Higher as Traders Evaluate Fed Chair Powell’s Comments on Economy

Friday, 20 October 2023 06:02 WIB | Market update

Stocks edged higher on Thursday as Wall Street parsed commentary from Federal Reserve Chair Jerome Powell while monitoring a key milestone for a closely followed bond yield. The S&P 500 rose 0.4%, as did the Nasdaq Composite. The Dow Jones Industrial Average lost added 130 points, or...

Dow Falls Nearly 200 Points with Treasury Yields Near 16-Year Highs, Oil Jumping and Tech Earnings Ahead

Thursday, 19 October 2023 05:48 WIB | Market update

U.S. stock indexes were falling on Wednesday as Treasury bond yields remained at fresh 16-year highs, while investors digested more corporate results as the third-quarter earnings-reporting season got under way in earnest, but geopolitical angst still hit market sentiment amid the escalation of...

S&P 500 Rises Slightly Tuesday as Traders Try to Shake off Rising Treasury Yields

Wednesday, 18 October 2023 05:47 WIB | Market update

The S&P 500 edged higher on Tuesday as investors attempted to look beyond the latest bond yield moves as corporate earnings season gained steam. The broad index gained 0.3%, while the Nasdaq Composite traded around flat. The Dow Jones Industrial Average added 107 points, or 0.3%. The 10-year...

Stocks Rally to Start the Week, Dow Up more than 300 Points

Tuesday, 17 October 2023 05:40 WIB | Market update

Stocks jumped Monday as traders awaited a deluge of corporate earnings reports and shrugged off a rise in Treasury yields. The Dow Jones Industrial Average traded 317 points higher, or 1%. The S&P 500 and Nasdaq Composite each climbed 1%. Nike and Intel led the Dow higher in Monday’s session...

Dow Jones Ekes Out Gain Friday, Stocks Mostly Advance for the Week as Israel-Gaza war Escalates

Saturday, 14 October 2023 09:46 WIB | Market update

U.S. stocks closed mostly lower Friday, but the Dow Jones and S&P 500 posted weekly gains, as the Israel-Gaza war appeared to escalate heading into the weekend. The Dow Jones Industries rose about 39 points, or 0.1%, on Friday, ending near 33,670, according to preliminary FactSet data. The...

Dow Jones Sheds 170 Points, Stocks Post Losses as Bond Selloff Resumes

Friday, 13 October 2023 09:47 WIB | Market update

Stocks closed lower on Thursday for the first time in five session as a selloff in U.S. bonds resumed and a gauge of consumer prices came in hotter in September than expected. The Dow Jones Industrial Average shed about 173 points, or 0.5%, ending near 33,631, according to preliminary FactSet...

U.S. Stocks Eke Out 4-Day Win Streak as Bond Yields Fall, CPI on Deck

Thursday, 12 October 2023 09:45 WIB | Market update

U.S. stocks eked out a fourth straight day of gains on Wednesday as investors combed through minutes of the Federal Reserve’s September policy meeting and awaited a key inflation update due Thursday. The Dow Jones Industrial Average advanced about 65 points, or 0.2%, ending near 33,804, after...

U.S. Stocks Post 3-Session Climb as Bond Yields, Oil Retreat

Wednesday, 11 October 2023 09:48 WIB | Market update

U.S. stocks booked a 3-session win streak Tuesday as oil prices and bond yields retreated. The Dow Jones Industrial Average climbed about 134 points, or 0.4%, ending near 33,739, according to preliminary FactSet data. That was the longest streak of straight wins for the blue-chip index in a...

U.S. Stocks End Higher Despite Higher Oil Prices Rise, Israel-Gaza War

Tuesday, 10 October 2023 09:45 WIB | Market update

U.S. stocks booked back-to-back gains on Monday, despite rising oil prices and a deadly weekend assault on Israeli by Hamas that left hundreds dead. The Dow Jones Industrial Average rose about 197 points, or 0.6%, ending near 33,604, shaking off earlier weakness, while the S&P 500 index...

U.S. Stocks Open Slightly Lower after Jobless Claims Report

Friday, 6 October 2023 03:10 WIB | Market update

The U.S. stock market opened modestly lower Thursday after fresh data showed initial jobless claims rose slightly less than expected. The Dow Jones Industrial Average was down 0.1% soon after the opening bell, while the S&P 500 fell 0.1% and the Nasdaq Composite dipped 0.1%, according to...

U.S. Stocks Open Slightly Higher after ADP Employment Report

Thursday, 5 October 2023 03:10 WIB | Market update

U.S. stocks opened slightly higher Wednesday, as investors weighed a national employment report from ADP that pointed to jobs growth in September that was slower than Wall Street expected. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 gained 0.2%...

U.S. Stocks Open Lower as Treasury Yields Jump to Fresh Highs

Wednesday, 4 October 2023 03:13 WIB | Market update

U.S. stocks opened lower on Tuesday as a selloff in long-dated Treasury bonds continued to weigh on stocks. On Tuesday, the yield on the 30-year bond reached its highest level since 2007, while the 10-year yield also climbed to fresh 16-year highs. The S&P 500 fell 22 points, or 0.5%, to...

U.S. Stocks Open Mostly Lower as Treasury Yields Jump after Washington Averts Government Shutdown

Tuesday, 3 October 2023 03:14 WIB | Market update

U.S. stock indexes opened mostly lower to start the month as Treasury yields resumed their climbs after U.S. legislators were able to reach a temporary agreement that averted a government shutdown. The Dow Jones Industrial Average dropped 47 points, or 0.1%, to 33,463, while the S&P 500 was...

U.S. Stocks Open Higher after Inflation Data as S&P 500 Heads for September Loss

Saturday, 30 September 2023 03:14 WIB | Market update

U.S. stocks opened higher on Friday as investors digested fresh data showing core inflation rose less than expected in August. The Dow Jones Industrial Average was up 0.5% soon after the opening bell, while the S&P 500 gained 0.7% and the Nasdaq Composite advanced 1%, according to FactSet...

U.S. Stocks Open Lower after S&P 500 Logs three Straight Weeks of Losses

Tuesday, 26 September 2023 03:18 WIB | Market update

U.S. stocks opened lower Monday, extending last week’s losses as Treasury yields climbed. The Dow Jones Industrial Average was down 0.2% soon after the opening bell, while the S&P 500 shed 0.2% and the Nasdaq Composite slid 0.3%, according to FactSet data, at last check. On Friday, the...

Dow Slides Nearly 200 Points as it Closes out Volatile Week ahead of Fed Decision

Saturday, 16 September 2023 06:00 WIB | Market update

Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserveâ€™s policy meeting. The Dow Jones Industrial Average was lower by 180 points, or 0.5%. S&P 500 declined by 0.9%, and the Nasdaq Composite was off 1.3%. Information technology was the worst-performing sector...

Stock Market Higher After Economic Data; Warren Buffett Cuts Stake In HP

Friday, 15 September 2023 06:04 WIB | Market update

The stock market shook off a morning slump and was higher at midday Thursday after a series of economic reports that were generally positive. Investors waited for the year's biggest IPO to start trading. The S&P 500 and Nasdaq composite added 0.7% as both edged back above their 50-day moving...

U.S. Stocks Drift Higher after Hotter-than-Expected August Inflation Report

Thursday, 14 September 2023 05:50 WIB | Market update

U.S. stock indexes were trading higher on Wednesday morning after the latest consumer-price index data showed inflation picked up in August which could change expectations for the Federal Reserveâ€™s interest-rate policy. The S&P 500 rose 11 points, or 0.2%, to 4,472. The Dow Jones Industrial...

Dow Turns Higher as Apple Falls ahead of its Iphone Event, with Inflation Data Looming

Wednesday, 13 September 2023 06:08 WIB | Market update

U.S. stocks were mostly lower around midday Tuesday, with the Dow Jones Industrial Average climbing into the green after earlier losses, as traders awaited Appleâ€™s marketing event this afternoon. Investors were also looking ahead to the widely anticipated reading on August inflation from the...

Dow Edges Up at Midday as Stocks Look to Rebound ahead of Coming Inflation, Retail Sales Data

Tuesday, 12 September 2023 05:51 WIB | Market update

U.S. stock indexes were higher on Monday, boosted by technology stocks, as Tesla shares advanced and investors for inflation and retail sales data to help guide the Federal Reserve's interest-rate policy. Three major stock indexes all lost ground last week with the Dow industrials off 0.7%, while...

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