Stocks in the US were mostly higher on Wednesday, with the S&P 500 up 0.1%, the Nasdaq adding 0.2% and the Dow Jones swinging around the flatline.
Traders remain focused on corporate earnings and trade developments, particularly after President Trump announced increased tariffs targeting countries that purchase energy from Russia.
He also signaled that new levies on semiconductor and pharmaceutical imports will be unveiled "within the next week or so". Apple was up 2.8% as President Donald Trump is set to announce the firm will commit to another $100 billion investment on domestic manufacturing. Also, Arista Networks surged 15% after beating expectations, while McDonald's climbed 2.1% following strong earnings and revenue results.
On the downside, AMD dropped over 6% after failing to provide a clear timeline for resuming sales in China. Walt Disney fell 4.9% after missing revenue estimates, and Uber slid 0.9% despite better-than-expected results.
Source: Trading Economics
US stocks closed higher on Friday (September 26th), as investors reacted positively to an inflation report that met expectations, while also considering President Trump's new wave of tariffs and weake...
European stocks closed sharply higher on Friday, recovering from losses in the previous two sessions, as markets reassessed the impact of new US tariffs and how major European companies should navigat...
Major European bourses traded slightly higher on Friday, with the STOXX 50 up 0.4% and the STOXX 600 gaining around 0.3%, after two straight sessions of losses. However, upside momentum was capped by...
Asia-Pacific markets fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, kitchen cabinets, bathroom van...
US stocks weakened for a third session on Thursday, as investors weighed strong economic data against expectations of future Fed rate cuts. The S&P 500 and Nasdaq 100 each fell 0.5%, the Dow Jones...
US stocks closed higher on Friday (September 26th), as investors reacted positively to an inflation report that met expectations, while also considering President Trump's new wave of tariffs and weakening consumer sentiment. The S&P 500 rose...
Oil prices rose on Friday as Ukrainian drone attacks on Russian energy infrastructure cut the country's fuel exports. Brent crude futures closed at $70.13 per barrel, up 71 cents, or 1.02%. U.S. West Texas Intermediate (WTI) crude closed at $65.72...
Gold strengthened on Friday (September 26th) after US inflation data matched expectations, bolstering speculation that the Federal Reserve will continue interest rate cuts later this year. Spot gold rose 0.8% to $3,778.62 an ounce at 1:30 p.m. EDT...
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to...
China would purchase U.S. soybeans if the United States removes what it calls "unreasonable tariffs" and creates conditions to support bilateral...
Asia-Pacific markets fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical...
US stocks weakened for a third session on Thursday, as investors weighed strong economic data against expectations of future Fed rate cuts. The...