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S&P 500 Closes Lower For A Fifth Day, Posts Longest Losing Streak Since October

Friday, 19 April 2024 09:53 WIB | Market update

The S&P 500 slipped for a fifth straight day on Thursday, placing the benchmark on track for its longest losing streak this year. The broad index lost 0.3%, while the Nasdaq Composite dropped 0.6%. The Dow Jones Industrial Average added 58 points, or 0.1%, as the blue-chip index traded near...

S&P 500 Rises as It Tries to Recover from a 4-Day Losing Streak

Friday, 19 April 2024 06:07 WIB | Market update

The S&P 500 advanced on Thursday as Wall Street attempted to recover its footing amid a losing streak for the benchmark index. Investors also continued parsing the latest corporate earnings reports. The broad index added 0.5%, while the Nasdaq Composite rose 0.4%. The Dow Jones Industrial...

S&P 500 And Nasdaq Close Lower For A Fourth Straight Day As Nvidia Shares Slide

Thursday, 18 April 2024 09:57 WIB | Market update

The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward pressure on the market. The broad index lost 0.58%, while the technology-heavy Nasdaq Composite slipped 1.15%. The Dow Jones Industrial Average fell by 45.66 points,...

US Equity Indexes Decline Amid Quarterly Earning Reports

Thursday, 18 April 2024 06:03 WIB | Market update

US equity indexes slipped as the earnings onslaught continued and government bond yields fell with crude oil after midday on Wednesday. The S&P 500 declined 0.4% to 5,032.7, with the Nasdaq Composite down 0.6% to 15,767.7 and the Dow Jones Industrial Average 0.2% lower at 37,717.1....

S&P 500 Closes Lower As Powell Warns Rates Need To Stay High, Dow Snaps 6-Day Losing Streak

Wednesday, 17 April 2024 09:53 WIB | Market update

The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated. The broad index lost 0.1%, while the Nasdaq Composite traded around flat. The Dow Jones Industrial Average rose 98 points, or 0.3%, lifted by UnitedHealth shares. Stocks...

S&P, Nasdaq Muted as Bond Yields Rise; UnitedHealth Boosts Dow

Wednesday, 17 April 2024 06:00 WIB | Market update

The Nasdaq and the S&P 500 were muted on Tuesday as higher Treasury yields pressured equities, though the blue-chip Dow bucked the trend on robust results from health insurance heavyweight UnitedHealth. Dow Component UnitedHealth Group (UNH.N), advanced 5.6% after the health insurer beat...

S&P 500 And Nasdaq Close 1% Lower As Yields Jump, Traders Await Israel Response To Iran

Tuesday, 16 April 2024 09:59 WIB | Market update

U.S. stocks retreated on Monday as rising yields overshadowed strong Goldman Sachs earnings, hot retail sales data and hopes that the conflict in the Middle East will not escalate further. The Dow Jones Industrial Average lost 248.13 points, or 0.65%, relinquishing an advance of more than 1% seen...

Dow Rises as Strong Retail Sales and Earnings Overshadow Iran-Israel Conflict

Tuesday, 16 April 2024 06:04 WIB | Market update

The Dow Jones Industrial Average rose on Monday, rebounding from last week’s sell-off following strong Goldman Sachs earnings, hot retail data and hopes that the conflict in the Middle East will not escalate further. The blue-chip Dow gained 151 points, or 0.4%, while the broad S&P 500 added...

Dow Falls 300 Points as Inflation Concerns Persist, JPMorgan Drops

Saturday, 13 April 2024 05:55 WIB | Market update

Stocks fell on Friday as major U.S. banks kicked off the corporate earnings season while inflation and geopolitical concerns weighed on investors. The Dow Jones Industrial Average slid 317 points, or 0.8%. The S&P 500 dipped 1%, while the Nasdaq Composite pulled back by 1.1%. Week to date,...

S&P 500 Closes Higher in Rebound from Inflation-Fueled Sell-Off; Apple and Nvidia Pop

Friday, 12 April 2024 10:43 WIB | Market update

The S&P 500 jumped and the Nasdaq Composite closed at a record Thursday as tech shares climbed higher, rebounding from an earlier pullback over concerns of persistent inflation. The S&P 500 gained 0.74% at 5,199.06. The Nasdaq Composite added 1.68% to end the day at 16,442.20, a record...

S&P 500 Ends Slightly Higher as Markets Brace for Inflation Data, Earnings

Wednesday, 10 April 2024 09:54 WIB | Market update

The S&P 500 posted nominal gains on Tuesday, a day ahead of major inflation data, weighed down by financial stocks as investors braced for major U.S. banks to kick off earnings reporting season on Friday. Wednesday's hotly anticipated Consumer Price Index (CPI) is at the top of most...

Dow Falls 150 Points Tuesday as Traders Brace for Key U.S. Inflation Report

Wednesday, 10 April 2024 05:50 WIB | Market update

The Dow Jones Industrial Average pulled back Tuesday as investors struggled to regain some positive momentum ahead of the release of key U.S. inflation data. The 30-stock index traded 159 points lower, or 0.4%. The S&P 500 declined 0.3%, while the Nasdaq Composite fell 0.2%. Chipmaker Nvidia...

Wall St Gains as Bond Yields Ease from Highs

Tuesday, 9 April 2024 06:02 WIB | Market update

Wall Street's main stock indexes advanced in choppy trading on Monday after Treasury yields retreated from session highs, while investors awaited data and commentary from the Federal Reserve's policymakers to gauge its rate outlook. U.S. stocks recorded weekly losses on Friday as traders scaled...

Wall Street Indexes Rise after Strong Jobs Data

Saturday, 6 April 2024 09:58 WIB | Market update

U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve could delay cutting interest rates. All major S&P 500 sectors advanced, with communication services, industrials and technology among...

S&P 500 Opens Slightly Higher Friday, But Heads For Worst Weak Of 2024

Saturday, 6 April 2024 03:20 WIB | Market update

U.S. stocks rebounded Friday morning following the index’s worst session in over a year as traders assessed the March jobs report. The S&P 500 gained 0.4%, while the Dow Jones Industrial Average climbed 55 points, or 0.1%. The tech-heavy Nasdaq Composite advanced 0.4%. Job growth totaled...

Wall Street Ends Sharply Lower ahead of Jobs Report; Investors Digest Fed Comments

Friday, 5 April 2024 09:58 WIB | Market update

U.S. stocks ended sharply lower on Thursday as Federal Reserve officials took a cautious approach in comments on the outlook for interest rate cuts, while investors braced for Friday's key U.S. monthly jobs report. Investors also weighed comments by U.S. President Joe Biden, who called for an...

Dow Opens More Than 250 Points Higher Thursday Following Three Straight Losses

Friday, 5 April 2024 03:24 WIB | Market update

U.S. stocks opened higher on Thursday as investors attempted a recovery from this week’s consecutive losing sessions for the Dow. The Dow Jones Industrial Average increased 280 points, or 0.7%. The S&P 500 gained nearly 0.8%, while the Nasdaq Composite jumped 0.8%. Megacap technology stocks...

S&P 500, Nasdaq Close Slightly Up after Soft Services Sector Data; Fed Comments

Thursday, 4 April 2024 09:57 WIB | Market update

The S&P 500 and Nasdaq ended slightly up on Wednesday after data showing the U.S. services industry growth slowed further in March, while comments by Federal Reserve Chair Jerome Powell that focused on the need for more debate and data before interest rates are cut limited the advance. Most...

S&P 500 Falls For A Third Day As Early Second-Quarter Struggles On Wall Street Continue

Thursday, 4 April 2024 03:24 WIB | Market update

The S&P 500 fell Wednesday for a third day, as Wall Street’s struggles to start the second quarter of 2024 continued. The broad market index dipped about 0.2%. The Dow Jones Industrial Average slid 40 points, or 0.1%. The Nasdaq Composite pulled back 0.4%. ADP data released Wednesday morning...

Indexes End Lower as Tesla Drops, Rate Cut Timing Weighed

Wednesday, 3 April 2024 10:11 WIB | Market update

U.S. stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. Tesla was among the big`est drags on the S&P...

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