Wall Street's major indexes rose on Tuesday, with the S&P 500 and Nasdaq hitting record highs, gaining 1.1% and 1.4% respectively, after July's inflation data largely met expectations.
The Consumer Price Index increased 0.2% month-over-month and 2.7% year-over-year, easing concerns about rising prices amid ongoing trade tensions. This bolstered expectations for a Federal Reserve rate cut next month, with traders pricing in about a 90% chance of a 25-basis-point reduction in September.
The Dow climbed 483 points, supported by easing trade tensions after President Trump extended a 90-day tariff pause on Chinese goods, and by strong corporate earnings, including a 1.2% rise in Circle Internet Group on robust Q2 revenue.
Intel surged 5.5% following Trump's praise of CEO Lip-Bu Tan, while Meta gained 3.1% and Alphabet added 1.2%. Investor sentiment was further lifted by the largest inflows into US equities in two years and optimism ahead of the Fed's Jackson Hole meeting later this month
Source: Trading Economi
The S&P 500 fluctuated on Friday (January 2), the first trading day of 2026, as gains in semiconductor stocks tried to keep the index steady. The benchmark index was last up 0.1%, while the Nasda...
Britain's FTSE 100 index on Friday briefly surpassed the symbolic 10,000 points marker for the first time, extending gains after a bumper 2025. The FTSE 100 index — home to the U.K.'s most valuable b...
European equity markets extended their rally on the first trading day of 2026, with benchmark indices pushing to fresh record highs despite thin liquidity following the New Year holiday. Gains were le...
Asia-Pacific stock markets are expected to open mixed on Friday, marking a cautious start to the new year. This movement follows the New Year's Eve close of US markets, where the three major Wall Stre...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative terr...
The S&P 500 fluctuated on Friday (January 2), the first trading day of 2026, as gains in semiconductor stocks tried to keep the index steady. The benchmark index was last up 0.1%, while the Nasdaq Composite fell 0.1%. Both indexes had...
Oil prices fell on Friday (January 2), the first trading day of 2026, after posting their biggest annual loss since 2020, as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuelan...
Gold and silver steadied at the beginning of the year after their best annual performances since 1979 as traders assessed the reweighting of a benchmark commodity index that starts next week. Bullion gained as much as 1.9% on Friday before paring...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities.
Stocks are riding a three-session losing...
European stocks ended mixed on the last trading day of the year.
The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on...
European equity markets extended their rally on the first trading day of 2026, with benchmark indices pushing to fresh record highs despite thin...
Russia and Ukraine have accused each other of attacking civilians during New Year's celebrations. Moscow said a Ukrainian drone strike hit hotels...