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Stocks are Little Changed as Investors Await More Labor Data

Thursday, 7 December 2023 06:54 WIB | Market update

U.S. stocks wavered Wednesday as investors assessed economic data indicating inflation is falling. The Dow Jones industrial Average traded 2 points lower, sitting near flat. The S&P 500 and Nasdaq Composite were also little changed. Stocks cooled from earlier advances, with the Dow at one up...

Dow Closes Lower For A Second Day As Late-2023 Rally Sputters

Wednesday, 6 December 2023 10:55 WIB | Market update

U.S. stocks wavered on Tuesday as a recent rally on Wall Street lost steam. The Dow Jones Industrial Average slid 70 points, or 0.2%. The S&P 500 hovered around its flatline. The Nasdaq Composite gained 0.2% as technology shares outperformed. GitLab jumped more than 11% after the open-source...

Dow Falls for a Second Day as Market Rally Stalls

Wednesday, 6 December 2023 06:33 WIB | Market update

The Dow Jones Industrial Average slipped for a second day Tuesday as a recent rally on Wall Street lost steam. The blue-chip index slid 68 points, or 0.2%. The S&P 500 traded up 0.2%, while the Nasdaq Composite rose 0.7%. GitLab popped 13% after the open-source software development platform...

Nasdaq Closes Lower Monday as Major Averages Take a Breather From 5 Weeks of Gains

Tuesday, 5 December 2023 11:11 WIB | Market update

Stocks slipped on Monday as investors questioned whether the market was getting ahead of itself following five straight winning weeks. The Dow Jones Industrial Average shed 41.06 points, or 0.11%, to close at 36,204.44. The S&P 500 dropped 0.54% to 4,569.78. The Nasdaq Composite declined...

Wall St Rally Loses Steam As Data-Heavy Week Looms, Yields Rise

Tuesday, 5 December 2023 06:50 WIB | Market update

Wall Street's main indexes fell on Monday, as investors remained cautious ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year. U.S. stocks kicked off December on an upbeat note, extending gains from...

S&P 500 Rises On Friday To Close At 2023 High

Saturday, 2 December 2023 10:53 WIB | Market update

The S&P 500 soared to a closing high for 2023 on Friday, extending November’s rally into the new month. The Dow Jones Industrial Average added 305 points, or 0.8%, while the S&P 500 rose by 0.6%. The tech-heavy Nasdaq Composite advanced 0.6%. The Dow rose to another new high on Friday,...

S&P 500 Near Session Highs After Powell’s Remarks

Saturday, 2 December 2023 06:08 WIB | Market update

Stocks rebounded and bond yields fell after Jerome Powell said the policy rate is “well into restrictive territory” — even as he retained the option to hike further. The S&P 500 edged higher after notching one of its best November rallies on...

Dow Jumps 500 Points To New 2023 High Thursday, Capping 8% November Rally

Friday, 1 December 2023 10:55 WIB | Market update

The Dow Jones Industrial Average rallied Thursday to a new high for the year, as more cooling inflation data and strong Salesforce earnings capped the benchmark’s best month since October 2022. The 30-stock Dow gained 519 points, or 1.5% to about 35,950, surpassing its previous high for the year...

S&P 500 Rally Hits a Wall at End of Historic Month

Friday, 1 December 2023 06:34 WIB | Market update

This month’s blistering rally in stocks struggled to gain further traction, with traders giving a lukewarm response to data that bolstered bets the Federal Reserve is done with its hiking cycle. Signs of buyer exhaustion emerged after a rally that put the S&P...

Dow Jumps More Than 150 Points, Approaches New 2023 High After More Cooling Inflation Data

Friday, 1 December 2023 04:28 WIB | Market update

Stocks rose Thursday, buoyed by inflation data that increased hopes the Federal Reserve could begin cutting rates next year. Wall Street is poised to wrap up November with the strongest monthly gains in over a year. The Dow Jones Industrial Average gained 180 points, or 0.5%. The S&P 500...

U.S. Stocks End Mostly Lower, But Head For Big Monthly Gains

Thursday, 30 November 2023 10:57 WIB | Market update

U.S. stocks ended mostly a shade lower on Wednesday, but remained on track for the biggest monthly gains of 2023. The Dow Jones Industrial Average eked out a gain of around 14 points, or less than 0.1%, to close near 35,431, according to preliminary figures. The S&P 500 fell 0.1%, while the...

Dow Closes Higher Tuesday As Hope Grows That Fed Is Done Raising Rates

Wednesday, 29 November 2023 10:59 WIB | Market update

U.S. stocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates further. The Dow Jones Industrial Average added about 83 points, or 0.2%, while the S&P 500 inched higher by 0.1%. The...

Nasdaq, S&P, Dow Rise on Fed Talk; Yields Fall with US2Y Slipping Below 4.80%

Wednesday, 29 November 2023 06:44 WIB | Market update

U.S. stocks on Tuesday ticked higher after opening in the red, as market participants parsed through comments from Federal Reserve speakers and a host of economic data. Meanwhile, Treasury yields were to the downside, with the 2-year yield (US2Y) falling as much as 12 basis points. Approaching...

Dow Closes Lower Monday As Four-Week Rally Takes A Break

Tuesday, 28 November 2023 10:54 WIB | Market update

U.S. stocks fell on Monday, as traders took a breather after the major averages posted a four-week winning streak. The Dow Jones Industrial Average shed 56.68 points, or 0.16%. The S&P 500 dipped 0.2%, while the tech-heavy Nasdaq Composite ticked lower by 0.07%. Wall Street is coming off its...

S&P 500 Falls Monday as 4-Week Rally Pauses

Tuesday, 28 November 2023 07:27 WIB | Market update

The S&P 500 fell slightly on Monday, as traders took a breather after the major averages posted a four-week winning streak. The S&P 500 fell 0.1%. The Dow Jones Industrial Average shed 71 points, or 0.2%. The tech-heavy Nasdaq Composite gained more than 0.1%. Wall Street is coming off...

U.S. Stocks Open Lower as Rally Pauses After 4-Week Winning Streak

Tuesday, 28 November 2023 04:27 WIB | Market update

U.S. stocks opened marginally lower on Monday following a torrid four-week winning streak that has left the S&P 500 up more than 8.5% since the start of November, according to FactSet data. The S&P 500 was off by 8 points, or 0.1%, at 4,550 shortly after the open, while the Nasdaq...

U.S. Stocks Gain As 10-Year Yield Falls To 2-Month Low Heading Into Thanksgiving Holiday

Thursday, 23 November 2023 04:29 WIB | Market update

U.S stocks rose Wednesday as yields fell to their lowest level in two months and traders tried to go into the Thanksgiving holiday on a high note. The Dow Jones Industrial Average gained 143 points, or 0.4%. The S&P 500 climbed 0.5%, and the Nasdaq Composite advanced 0.8%. The yield on the...

U.S. Stocks Slide As November Rally Pauses On Some Weak Retail Earnings

Wednesday, 22 November 2023 04:22 WIB | Market update

U.S. stocks were down Tuesday as traders assessed some disappointing retail results and looked ahead to the release of the Federal Reserve meeting minutes. The Dow Jonws Industrial Average slipped 56 points, or 0.2%. The S&P 500 dipped 0.25%, and the Nasdaq Composite fell 0.6%. Lowe’s...

U.S. Stocks Are Flat To Start The Week

Tuesday, 21 November 2023 04:25 WIB | Market update

U.S. equities were little changed Monday, as Wall Street started the shortened Thanksgiving holiday week. The Dow Jones Industrial Average and S&P 500 rose 0.1%. The Nasdaq Composite climbed 0.3%. Microsoft shares were up 1% after CEO Satya Nadella said former OpenAi chief Sam Altman will be...

U.S. Stocks Open Mostly Higher With Dow On Track For Third Straight Week Of Gains

Saturday, 18 November 2023 04:23 WIB | Market update

U.S. stocks opened mostly higher Friday, with the S&P 500 attempting a fourth straight day of gains. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 rose 0.1% and the Nasdaq Composite edged down 0.1%, according to FactSet data, at last...

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