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S&P 500 Rises, Nears 5,000 Level

Thursday, 8 February 2024 06:49 WIB | Market update

The S&P 500 rose Wednesday and edged closer to the 5,000 level for the first time as investors parsed through another slate of quarterly results and headed into the back half of the earnings season. The broad-based index added 0.7%, while the Nasdaq Composite jumped 0.8%. The Dow Jones...

S&P 500 Closes Near Session High As Wall Street Attempts To Recoup Record Levels

Wednesday, 7 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average climbed on Tuesday as Wall Street assessed the latest batch of corporate earnings and the timeline for rates cuts from the Federal Reserve. The broad market index slipped 0.2% while the Nasdaq Composite rose 0.07%. The Dow Jones Industrial Average rose 30 points,...

Dow Closes More Than 250 Points Lower, S&P 500 Slips From Record As Bond Yields Surge

Tuesday, 6 February 2024 10:49 WIB | Market update

U.S. stocks fell Monday as Treasury yields spiked higher on concerns that the Federal Reserve may not cut rates as much as expected. Lackluster results from McDonald’s also dampened investor sentiment. The Dow Jones Industrial Average dropped 230 points, or 0.6%. The S&P 500 slipped 0.2%,...

Dow Falls Nearly 400 Points, S&P Retreats from Record as Rates Spike, McDonald’s Slides

Tuesday, 6 February 2024 06:44 WIB | Market update

Stocks fell Monday as Treasury yields spiked higher on concerns the Federal Reserve may not cut rates as much as expected. Lackluster results from McDonald’s also dampened investor sentiment. The Dow Jones Industrial Average dropped 370 points, or nearly 1%. The S&P 500 slid 0.5%, while the...

S&P 500 Surges to Record Closing High on Solid Earnings, Robust Data

Saturday, 3 February 2024 11:02 WIB | Market update

Wall Street ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the U.S. economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time...

Nasdaq Jumps 1% After Strong Tech Earnings

Saturday, 3 February 2024 06:40 WIB | Market update

The Nasdaq Composite was higher on Friday as quarterly results from technology companies including Facebook-parent Meta buoyed the sector after a stronger-than expected jobs report. The tech-heavy index climbed 1.4%, while the S&P 500 ticked up 0.9%. The Dow Jones Industrial Average added 75...

Wall Street Ends Higher; Earnings, Jobs Report in Focus

Friday, 2 February 2024 10:59 WIB | Market update

U.S. stocks rebounded on Thursday as investors looked to a spate of high-profile earnings and the Friday's employment report the day after the Federal Reserve quashed lingering bets that interest rate cuts could begin as early as March. While a broad rally sent all three major U.S. stock indexes...

S&P 500 Rises as Wall Street Tries to Recover from Fed Sell-Off

Friday, 2 February 2024 06:50 WIB | Market update

The S&P 500 rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely. The broad market index climbed 0.5%, while the Dow Jones Industrial Average added 115 points, or 0.3%. The Nasdaq Composite gained...

S&P 500 Rises As Wall Street Tries To Recover From Fed Sell-Off

Friday, 2 February 2024 04:35 WIB | Market update

The S&P 500 rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely. Qualcomm shares dipped 2% even after the chipmaker reported fiscal first-quarter results that topped earnings and revenue...

Wall St Dips after Fed Holds Rates Steady, Hints at 'Higher for Longer'

Thursday, 1 February 2024 11:00 WIB | Market update

U.S. stocks veered lower after the Federal Reserve held interest rates steady while reiterating that despite progress, inflation risks remain and that no rate cuts were imminent. The three major U.S. stock indexes were already weighed down by weakness in tech and tech-adjacent megacap stocks the...

Nasdaq Falls 1% as Alphabet, Microsoft Slide Following Earnings

Thursday, 1 February 2024 06:40 WIB | Market update

The Nasdaq Composite fell Wednesday after sharp downward moves in shares of tech giants Microsoft and Alphabet pressured the overall sector. The tech-heavy benchmark lost 1.4%, while the S&P 500 slid 0.9%. The Dow Jones Industrial Average hovered near the flat line. Shares of Alphabet...

Nasdaq Falls As Alphabet Shares Drop Following Earnings

Thursday, 1 February 2024 04:25 WIB | Market update

The Nasdaq Composite fell Wednesday after a megacap tech company posted its latest quarterly results. Wall Street also looked toward the Federal Reserve’s decision on rate policy. The tech-heavy benchmark lost 1.1%, while the S&P 500 slid 0.5%. The Dow Jones Industrial Average outperformed,...

Nasdaq 100 Futures Slide, Alphabet Shares Drop After Results

Wednesday, 31 January 2024 22:43 WIB | Market update

Futures tied to the tech-heavy Nasdaq 100 fell Wednesday morning after a pair of mega-cap tech companies posted their quarterly results. Wall Street also looked toward the Federal Reserve’s decision on rate policy. Nasdaq 100 futures declined 0.77%. Futures tied to the S&P 500 were down 0.4%,...

Nasdaq Ends Lower Ahead of Big Tech Earnings, Focus on Fed

Wednesday, 31 January 2024 11:01 WIB | Market update

The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of high profile corporate earnings and the Federal Reserve convened for its monetary policy meeting. The S&P 500 closed essentially unchanged, hovering near Monday's all-time closing high, while the blue-chip Dow...

S&P 500 is Flat as Wall Street Awaits Fed Rate Decision

Wednesday, 31 January 2024 07:12 WIB | Market update

The S&P 500 was flat Tuesday as Wall Street waits for the latest Federal Reserve decision on interest rates. The benchmark was little changed while and Dow Jones Industrial Average added 53 points, or 0.1%. The Nasdaq Composite pulled back 0.4%. Traders will watch for updates out of the...

S&P 500 Rises to Close at Fresh Record Monday as Big Tech Earnings Loom

Tuesday, 30 January 2024 10:56 WIB | Market update

The S&P 500 rose Monday and closed at a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.76%, rising above its highest ever close of 4,894.16 reached Jan. 25. The Dow Jones...

Stocks are Little Changed as Traders Await Big Tech Earnings and Fed Meeting Decision

Tuesday, 30 January 2024 06:34 WIB | Market update

Stocks were little changed Monday as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The Dow Jones Industrial Average and the S&P 500 hovered near the flat line. The Nasdaq Composite added 0.2%. This week marks the busiest...

Dow Struggles For Direction Ahead Of Pivotal Week Of Tech Earnings

Tuesday, 30 January 2024 04:45 WIB | Market update

U.S. stocks were off to a cautious start Monday, as investors awaited a barrage of earnings and pivotal economic news with major indexes at or near record levels. The Dow Jones Industrial Average was up 2 points, or less than 0.1%, at 38,111. The S&P 500 was virtually unchanged near...

U.S. Stocks Finish Mostly Lower as S&P 500, Nasdaq Snap 6-Day Winning Streaks

Saturday, 27 January 2024 11:07 WIB | Market update

U.S. stocks finished mostly lower on Friday, with the S&P 500 and Nasdaq Composite snapping six-day winning streaks that had carried the S&P 500 to five-straight record closes. Markets received a boost earlier in the session from monthly PCE data that showed the Federal Reserve's...

Nasdaq 100 Futures Slide After Intel Guidance Disappoints

Friday, 26 January 2024 22:47 WIB | Market update

Nasdaq 100 futures slid on Friday morning after Intel issued an outlook that fell short of Wall Street’s expectations. Futures linked to the tech-heavy index shed 0.71%. S&P 500 futures dropped 0.53%, while Dow Jones Industrial Average futures slipped 242 points, or 0.64%. In after-hours...

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