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Dow Jumps 300 Points, S&P 500 Tries to Climb Out of Correction Territory

Tuesday, 31 October 2023 05:40 WIB | Market update

The S&P 500 tried to climb out of correction territory Monday as traders braced for a big week filled with a Federal Reserve rate decision, jobs report and Apple’s earnings report. The broader index advanced 0.7%, while the Nasdaq Composite jumped 0.8%. The Dow Jones Industrial Average gained...

Dow Drops More Than 350 Points To End Brutal Week, S&P 500 Closes In Correction Territory

Saturday, 28 October 2023 09:41 WIB | Market update

U.S. stocks turned lower Friday as renewed selling on fears of a recession pushed the Dow Jones Industrial Average down more than 400 points and the S&P 500 into correction territory. The 30 stock Dow fell 443 points, or 1.3%. The S&P 500 slipped 0.7% to its lowest level in five months...

Nasdaq Rebounds Friday Helped by Amazon, But Still Heads for 2% Loss on Week

Saturday, 28 October 2023 05:50 WIB | Market update

The Nasdaq Composite rose Friday, trying to recover some of this week’s steep losses. Amazon gave a boost to tech-related shares on the back of strong quarterly results. The tech-heavy index gained 1.2%, while the S&P 500 added 0.1%. The Dow Jones Industrial Average traded 141 points or 0.4%...

U.S. Stocks Post Back-To-Back Drop As Big Tech Shares Tumble

Friday, 27 October 2023 09:49 WIB | Market update

U.S. stocks closed sharply lower Thursday, pulled down by tumbling shares of big technology firms, despite a strong report on quarterly economic growth. The Dow Jones Industrial Average shed about 251 points, or 0.8%, ending near 32,784, according to preliminary FactSet data. The S&P 500...

Stocks Falls Thursday, Nasdaq Slides Deeper Into Correction Territory

Friday, 27 October 2023 05:41 WIB | Market update

Stocks fell on Thursday, while the Nasdaq Composite dropped deeper into correction territory as Meta became the latest tech company to report quarterly results that did not quite live up to investors’ expectations. The tech-heavy index lost 1.4%, dropping below its 200-day moving average for the...

S&P 500 Falls More Than 1% To Close Below 4,200 For First Time Since May

Thursday, 26 October 2023 09:46 WIB | Market update

The S&P 500 tumbled to its lowest since June on Wednesday after disappointing quarterly results from Google-parent Alphabet and a rebound in interest rates. The benchmark index fell 1.3%, breaching the key 4,200 level that was being widely watched by chart analysts. Stock losses accelerated...

Nasdaq and S&P 500 Fall as Alphabet Results and Rising Yields Hit Tech Shares

Thursday, 26 October 2023 05:44 WIB | Market update

The Nasdaq Composite and S&P 500 fell Wednesday as a pullback in shares of Google-parent Alphabet following its latest quarterly results led the broader technology space lower. A rebound in the 10-year Treasury yield also weighed on growth-related shares. The Nasdaq Composite lost 1.8%, while...

Dow opens higher, lifted by Microsoft’s post-earnings rally

Thursday, 26 October 2023 03:17 WIB | Market update

The Dow Jones Industrial Average opened higher on Wednesday as a post-earnings rally in shares of Microsoft Corp. helped lift the blue-chip gauge while the S&P 500 and Nasdaq Composite sunk. The Dow gained 91 points, or 0.3%, at to trade at 33,218, according to FactSet data. Meanwhile, the...

Dow Closes 200 Points Higher To End 4-Day Losing Streak, As Strong Earnings Lift Stocks

Wednesday, 25 October 2023 09:42 WIB | Market update

U.S. stocks rose Tuesday as investors focused on a fresh slate of earnings reports, and traders monitored the latest moves in Treasury yields. The Dow Jones Industrial Average gained 230 points, or 0.7%. The S&P 500 and the Nasdaq Composite climbed 0.8% and 1%. Coca-Cola reported earnings...

Stocks Rise Tuesday after Strong Earnings Reports and Treasury Yields Stabilize

Wednesday, 25 October 2023 05:40 WIB | Market update

Stocks rose Tuesday as investors focused on a fresh slate of earnings reports, and traders monitored the latest moves in Treasury yields. The Dow Jones Industrial Average gained 186 points, or 0.5%. The S&P 500 climbed 0.5%, while the Nasdaq Composite added 0.6%. Coca-Cola reported earnings...

Dow Jones Closes 190 Points Lower, S&P 500 Books Longest Losing Streak Of 2023

Tuesday, 24 October 2023 09:55 WIB | Market update

U.S. stocks closed mostly lower on Monday in a choppy session that saw the 10-year Treasury yield briefly top 5% for the first time since in 16 years. The S&P 500 index ended about 7 points lower, or 0.2%, near 4,216, after flipping between modest gains and losses. That was the equity-market...

Stocks Rise Slightly as 10-Year Treasury Yield Dips Back Below Key 5% Level

Tuesday, 24 October 2023 05:46 WIB | Market update

Stocks ticked higher on Monday as Treasury yields rose and traders looked ahead to the release of corporate earnings from tech industry giants. The Dow Jones Industrial Average added 20 points, or 0.06%. The S&P 500 climbed 0.3% while the Nasdaq Composite added 0.5%. The benchmark 10-year...

U.S. Stocks Slip After 10-Year Treasury Yield Crosses 5% For The First Time Since 2007

Saturday, 21 October 2023 03:21 WIB | Market update

U.S. stocks dipped Friday as traders focused on a recent run higher in the 10-year Treasury yield. The Dow Jones Industrial Average lost 38 points, or 0.1%. The S&P 500 slipped 0.2%, and the Nasdaq Composite slipped 0.4%. The yield on the benchmark 10-year Treasury crossed 5% for the first...

S&P 500 Rises Slightly As Traders Await Speech From Fed Chair Powell

Friday, 20 October 2023 03:14 WIB | Market update

The S&P 500 was slightly higher Thursday as Wall Street monitored a key mark for a closely followed bond yield and awaited commentary from Federal Reserve Chair Jerome Powell. The broader market index advanced 0.2%, and the Nasdaq Composite gained 0.4%. The Dow Jones Industrial Average rose...

U.S. Stocks Fall Wednesday As Earnings Season Picks Up Steam

Thursday, 19 October 2023 03:11 WIB | Market update

U.S. stocks dropped Wednesday as earnings season gained steam and Wall Street looked ahead to key financial reports. The Dow Jones Industrial Average slipped 19 points, or 0.1%. The S&P 500 traded 0.4% lower, and the Nasdaq Composite slid 0.7%. Wall Street continued to assess the impact of...

Nasdaq Ends Down on Higher Yields, Chipmaker Share Declines

Wednesday, 18 October 2023 09:45 WIB | Market update

U.S. stocks ended flat to lower on Tuesday as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt shipments of advanced artificial intelligence chips to China. The Philadelphia SE Semiconductor index (.SOX) was down sharply as were shares of...

U.S. Stocks Fall As Concern Over Higher Rates Creeps Back In

Wednesday, 18 October 2023 03:11 WIB | Market update

U.S. stocks slid on Tuesday as rising bond yields once again weighed on investors and the third-quarter earnings season gained steam. The Dow Jones Industrial Average dipped 96 points, or 0.3%. The S&P 500 lost 0.7%, and the Nasdaq Composite slipped 1.1% The 10-year U.S. Treasury yield...

U.S. Stocks Open Higher as Investors Weigh New York’s Fed’s Empire State Factory Gauge, Monitor Israel-Hamas War

Tuesday, 17 October 2023 03:14 WIB | Market update

U.S. stocks opened higher on Monday, as investors monitored the Israel-Hamas war while weighing the Federal Reserve Bank of New York’s Empire State manufacturing survey showing activity slumped. The Dow Jones Industrial Average was up 0.6% soon after the opening bell, while the S&P 500 rose...

S&P 500 falls slightly Friday, but heads for weekly gain

Saturday, 14 October 2023 05:49 WIB | Market update

Stocks were mixed Friday as traders assess the first batch of major earnings and rising inflation expectations. The Dow Jones Industrial Average added about 25 points, or less than 0.1%. The S&P 500 lost 0.4%, and the Nasdaq Composite shed 1.1%. The major indexes came off their session highs...

U.S. Stocks Rise, Head For Winning Week After Strong Bank Earnings, Yields Retreat

Saturday, 14 October 2023 03:12 WIB | Market update

U.S. stocks rose Friday as traders pored through major bank earnings, and Treasury yields pulled back. The Dow Jones Industrial Average climbed 183 points, or 0.5%. The S&P 500 gained 0.5%, and the Nasdaq Composite advanced 0.2%. JPMorgan Chase and Wells Fargo kicked off earnings for major...

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