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S&P 500 Closes at a Fresh Record, Nasdaq Jumps Nearly 3% Fueled by Nvidia

Friday, 23 February 2024 10:59 WIB | Market update

The S&P 500 surged to new highs on Thursday after chip giant Nvidia reported much stronger-than-expected quarterly results, lifting the broader market and tech sector. The S&P 500 gained 2.11%. The Nasdaq Composite advanced 2.96% for its best day since February 2023, coming within...

Nasdaq Composite Closes Lower for a 3rd Day as Investors Brace for Nvidia Earnings

Thursday, 22 February 2024 10:53 WIB | Market update

U.S. stocks declined for a third day in a row Wednesday as traders look ahead to Nvidia’s latest quarterly earnings report. The Dow Jones Industrial Average traded 207 points lower, or 0.5%. The S&P 500 slipped 0.5%, and the Nasdaq Composite slid nearly 1.1%. Nvidia is slated to post its...

S&P 500 and Nasdaq Close Lower on Tuesday, Dragged Down by Nvidia

Wednesday, 21 February 2024 10:56 WIB | Market update

Stocks fell Tuesday as Nvidia led a broader tech decline ahead of the chipmaker’s earnings report. The Dow Jones Industrial Average dipped 115 points, or about 0.3%. The S&P 500 slipped about 0.8%. The tech-heavy Nasdaq Composite lost 1.2%. Shares of Nvidia, which is set to report earnings...

Dow Slides More Than 100 Points Friday, Major Averages End 5-Week Winning Run

Saturday, 17 February 2024 10:53 WIB | Market update

U.S. stocks slid Friday after yet another hot inflation report stoked fears that Federal Reserve rate cuts may not arrive until later than anticipated this year. The S&P 500 fell 0.5%, and the Dow Jones Industrial Average slid 157 points, or 0.4%. The Nasdaq Composite lost 0.6%. The producer...

Stocks Wobble Friday, With Wall Street’s 5-Week Winning Streak in Jeopardy

Saturday, 17 February 2024 06:14 WIB | Market update

Stocks declined Friday after yet another hot inflation report stoked fears that Federal Reserve rate cuts may not arrive until later than anticipated this year. The S&P 500 fell 0.1%, while the Dow Jones Industrial Average dipped 60 points, or 0.2%. The Nasdaq Composite slid 0.2%. The...

S&P 500 Closes at Record High, Dow Gains 300 Points in Late-Day Rally

Friday, 16 February 2024 10:54 WIB | Market update

Stocks climbed for a second day Thursday, helped by lower Treasury yields, as Wall Street clawed back the steep losses suffered earlier in the week. The S&P 500 climbed 0.6%, while the Nasdaq Composite added 0.3%. The Dow Jones Industrial Average traded 310 points higher, or 0.8%. Tesla and...

S&P 500, Dow Climb As Retail Sales Data Cheers

Friday, 16 February 2024 06:35 WIB | Market update

The S&P 500 and the Dow gained on Thursday as investors cheered a higher-than-expected fall in retail sales data and looked ahead for clues on when the U.S. Federal Reserve would deliver its first interest-rate cut this year. A Commerce Department report showed U.S. retail sales dropped 0.8%...

Dow Closes More Than 100 Points Higher as Stocks Recoup Some Losses Following Big Sell-Off

Thursday, 15 February 2024 11:02 WIB | Market update

Stocks rose Wednesday as Wall Street clawed back some of the steep losses suffered in the previous session. The S&P 500 advanced 0.96% to finish at 5,000.62, while the Nasdaq Composite climbed 1.3% to settle at 15,859.15. The Dow Jones Industrial Average added 151.52 points, or 0.4%, closing...

Wall St Climbs After Selloff; Nvidia Outstrips Alphabet In Market Value

Thursday, 15 February 2024 06:31 WIB | Market update

Wall Street gained some steam on Wednesday after a selloff in the prior session on a hot inflation report, while Nvidia topped Alphabet market value to become the third-most valuable U.S. company. Nvidia overtook Google-parent Alphabet's stock market capitalization, days before the poster child...

Stocks rise as Dow looks to rebound from worst session in nearly a year

Thursday, 15 February 2024 04:22 WIB | Market update

Stocks rose Wednesday as Wall Street tried to claw back some of the steep losses suffered in the previous session. The Dow Jones Industrial Average traded 116 points higher, or 0.3%. The S&P 500 advanced 0.6%, while the Nasdaq Composite climbed 0.9%. Lyft shares jumped more than 28% after...

Dow Tumbles 500 Points, Posts Worst Day Since March 2023 After Hot Inflation Report

Wednesday, 14 February 2024 10:55 WIB | Market update

U.S. stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year, a key part of the bull case for the equity market. The Dow Jones Industrial Average lost 620...

Wall Street Sell-Off Gains Momentum, Dow Loses 400 Points

Wednesday, 14 February 2024 06:26 WIB | Market update

Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year, a key part of the bull case for the equity market. The Dow Jones Industrial Average lost 408...

Dow Rises More Than 100 Points To Close At A Record

Tuesday, 13 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average rose to a new high on Monday as investors awaited fresh inflation and earnings data. The 30-stock index advanced 112 points, or 0.3%. The S&P 500 hovered around the flatline, while the Nasdaq Composite slid 0.2%. Salesforce dragged the Dow down, with the...

S&P 500 Hits Fresh Record High to Start The Week, Nvidia Rises

Tuesday, 13 February 2024 06:10 WIB | Market update

Stocks nudged higher Monday, building on their strong performance from last week, with the S&P 500 and Dow Jones Industrial Average reaching new all-time highs. Investors also awaited the release of key inflation and earnings data. The broad market index was up nearly 0.2%, while the Dow...

Dow steady as stocks struggle for direction after S&P 500 topped 5,000

Tuesday, 13 February 2024 04:25 WIB | Market update

U.S. stocks held their ground early Monday after the S&P 500 finally closed at the end of last week above the 5,000 mark in the 10th record finish for 2024. The Dow Jones Industrial Average was off 6 points, or less than 0.1%, at 38,666.The S&P 500 fell 1 point, or less than 0.1%, to...

S&P 500 Closes Above 5,000 For First Time Ever, Notches Fifth Straight Winning Week

Saturday, 10 February 2024 10:51 WIB | Market update

U.S. stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 broke above the historic 5,000 level as strong earnings and economic news chugged on. The Dow Jones Industrial Average slipped 90 points, or 0.2%, while the S&P 500...

U.S. Stocks Buoyed By Wall Street; US Treasury Yields Rise

Saturday, 10 February 2024 07:09 WIB | Market update

The S&P 500 crossed the 5,000-point milestone on Friday as U.S. inflation data raised expectations the Federal Reserve will cut interest rates this year, as closely watched U.S. Treasury yields rose and European shares eased. The greenback dipped after the U.S. data, but was still headed for...

S&P 500 Hovers Near 5,000 Mark with Earnings, Jobs Data in Focus

Friday, 9 February 2024 11:02 WIB | Market update

The benchmark S&P 500 index advanced slightly on Thursday but traded close to the 5,000-point milestone, as investors reacted to earnings reports, a roughly in-line jobs report and remarks from policymakers on interest rate cuts. Under the hood, small-cap indexes outperformed large caps and...

U.S. Stocks Little Changed; Dollar Up After Jobless Claims

Friday, 9 February 2024 06:46 WIB | Market update

Global stock indexes were little changed on Thursday with the S&P 500 holding just shy of the 5,000 level, while the U.S. dollar inched higher after U.S. unemployment benefits data underscored the view the Fed will not need to cut rates soon. The subdued trading in equities followed overnight...

S&P 500 Closes At Record High; Earnings, Rate Outlook In Spotlight

Thursday, 8 February 2024 10:59 WIB | Market update

Wall Street's major stock indexes rose on Wednesday, with the benchmark S&P 500 scaling a record high, as investors applauded overall strength in U.S. earnings and monitored policymaker comments for clues on the interest rate outlook. Shares in Chipotle Mexican Grill rallied after it topped...

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