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 0.6%, the Nasdaq 100 gained 0.4%, and the Dow Jones Industrial Average gained 300 points, all ending a three-session losing streak. The August PCE Index, the Fed's preferred inflation measure, showed core inflation at 2.9% year-on-year, supporting expectations for two quarter-point interest rate cuts in the upcoming meeting.
Boeing (+3.6%) and major banks helped lift the index, while corporate news, including an 8.4% surge in GlobalFoundries' earnings on planned US chip production regulations, provided further support. At the same time, new tariffs on pharmaceuticals, heavy trucks, and furniture imposed by President Trump added to uncertainty, alongside concerns over a potential government shutdown. For the week, the S&P 500 fell 0.3%, the Nasdaq fell 0.7%, while the Dow Jones was unchanged. (alg)
Source: Trading Economics
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...
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 streak, although the declines have been mild and the S&...
Happy New Year 2026 Newsmaker.id...
European equities traded at all-time highs on the final day of 2025, setting the stage for their strongest year since 2021, driven by gains in banks and miners. The STOXX 50 rose 0.5% to near a record...
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 Street indexes weakened, although overall they still...
Gold prices rose in early Asian trading amid growing geopolitical concerns in the Middle East. This increase occurred as tensions between Saudi Arabia and the United Arab Emirates escalated in recent days, prompting investors to seek safe haven...
World oil prices stabilized on the first trading day of 2026 after experiencing a sharp decline throughout last year. West Texas Intermediate (WTI) crude traded above US$57 per barrel, while Brent, the global benchmark, closed below US$61 per...
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US...
European stocks picked up steam on Tuesday, extending gains to notch a fresh record high.
The pan-European Stoxx 600 index provisionally closed...
US stocks held their muted momentum on Tuesday, set to close the year relatively near recent record highs as markets assessed the outlook of robust...
Geopolitical tensions in Latin America are escalating again, particularly regarding Venezuela and pressure from US policies. This situation has...