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Wall St Ends Sharply Lower as Deadlocked Debt Ceiling Talks Spook Investors

Wednesday, 24 May 2023 09:47 WIB | Market update

Wall Street stocks finished sharply lower on Tuesday and short-term Treasury yields shot up as investor jitters grew over a lack of progress in U.S. debt limit talks. Representatives of U.S. President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday, as...

Wall Street Ends Mixed as Investors Await Debt Ceiling Talks

Tuesday, 23 May 2023 09:47 WIB | Market update

Wall Street finished mixed on Monday, helped by gains in Alphabet and Meta Platforms, while some investors refrained from big bets ahead of a fresh round of talks about raising the U.S. debt ceiling. U.S. President Joe Biden and top congressional Republican Kevin McCarthy were set to meet on...

Wall Street Opens Higher on Hopes of Debt Ceiling Deal

Saturday, 20 May 2023 03:17 WIB | Market update

Wall Street's main indexes opened higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend. The Dow Jones Industrial Average rose 47.04 points, or 0.14%, at the open to 33,582.95. The S&P 500 opened higher by 6.10 points, or 0.15%,...

U.S. Stocks Open Higher as Regional Banks Bounce, Debt-Ceiling Talks in Focus

Thursday, 18 May 2023 03:18 WIB | Market update

U.S. stock indexes opened higher on Wednesday as investors hoped the White House and congressional leaders could come to a deal on the U.S. debt ceiling and avoid a cataclysmic default. Dow Jones Industrial Average was up 132 points, or 0.4%, to 33,146. The S&P 500 gained 0.5%, and the Nasdaq...

Wall St Opens Lower as Home Depot, Retail Sales Data Weigh

Wednesday, 17 May 2023 03:14 WIB | Market update

Wall Street's main indexes opened lower on Tuesday after a dour forecast from Home Depot and April retail sales data that pointed to consumers feeling the pinch from rising prices and interest rates. The Dow Jones Industrial Average fell 73.23 points, or 0.22%, at the open to 33,275.37. The...

Wall St Opens Higher on Hopes of Likely Debt-Ceiling Deal

Tuesday, 16 May 2023 03:21 WIB | Market update

Wall Street's main indexes edged higher at the open on Monday on optimism over a likely deal to raise the U.S. debt limit as a deadline edged closer, while investors looked ahead to comments from Federal Reserve policymakers through the week. The Dow Jones Industrial Average rose 20.59 points, or...

U.S. Stocks Open Higher, Dow Still on Track for Weekly Loss

Saturday, 13 May 2023 03:16 WIB | Market update

U.S. stocks opened higher Friday, but the Dow Jones Industrial Average remained on track for a weekly loss after four straight days of declines. The Dow was up 0.2% soon after the opening bell, while the S&P 500 rose 0.3% and the Nasdaq Composite edged up 0.2%, according to FactSet data, at...

U.S. Stocks Open Mostly Lower after Wholesale Inflation Report, Jobless Claims Data

Friday, 12 May 2023 03:16 WIB | Market update

The U.S. stock market opened mostly lower Thursday, as investors digested a fresh reading on wholesale inflation and weekly jobless claims data. The Dow Jones Industrial Average was down 0.5% soon after the opening bell, while the S&P 500 fell 0.2% and the Nasdaq Composite gained 0.1%,...

Wall St Opens Lower; Debt Ceiling Talks Eyed

Wednesday, 10 May 2023 03:18 WIB | Market update

Wall Street's main indexes opened lower on Tuesday, with a slew of dour earnings forecasts from companies such as Apple supplier Skyworks weighing on sentiment, while investors focused on a debt-ceiling deadlock. The Dow Jones Industrial Average fell 28.84 points, or 0.09%, at the open to...

U.S. Stocks Build on Gains after Biggest Daily Advance Since January

Saturday, 29 April 2023 05:48 WIB | Market update

U.S. stocks edged higher again Friday following the best day for the S&P 500 index and the Dow Jones Industrial Average since January even though investors anticipated another interest-rate hike from the Federal Reserve next week. The S&P 500 gained 6 points, or 0.1%, at 4,141.3. The Dow...

Stocks Rise Thursday as Traders Cheer Strong Meta Results

Friday, 28 April 2023 05:51 WIB | Market update

U.S. stocks rose Thursday, boosted by strong results from Meta Platforms. The Nasdaq Composite jumped around 1.7%. The S&P 500 climbed 1.1%, and the Dow Jones Industrial Average advanced 248 points, or 0.8%. Meta shares leapt more than 14% as the company reported quarterly revenue that beat...

Dow Edges Lower; Alphabet Posts Upbeat Results

Thursday, 27 April 2023 05:48 WIB | Market update

U.S. stocks traded mixed midway through trading, with the Dow Jones turning lower on Wednesday. The Dow traded down 0.11% to 33,492.84 while the NASDAQ rose 1.16% to 11,936.00. The S&P 500, also rose, gaining, 0.27% to 4,082.78. Information technology shares rose by 2.4% on Wednesday....

Stocks Turn Lower Ahead of Tech Earnings

Wednesday, 26 April 2023 06:03 WIB | Market update

U.S. stocks fell and government bonds rallied in midday trading after earnings from companies including UPS and First Republic Bank fueled investor concerns about the health of the economy. Stocks fell across most sectors including tech, with Microsoft and Google-parent Alphabet set to report...

Stocks Slip Ahead of Deluge of Earnings, Economic Data

Tuesday, 25 April 2023 06:14 WIB | Market update

Stocks are slipping Monday ahead of reports that could offer clues on questions that have kept Wall Street at a standstill, including on where the economy and corporate profits are heading. The S&P 500 was 0.3% lower in midday trading after barely budging last week. The Dow Jones Industrial...

Wall St Ends Stable ahead of Megacap Results Next Week

Saturday, 22 April 2023 09:55 WIB | Market update

The S&P 500 ended barely changed on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports. A survey showed U.S. business activity accelerated to an 11-month high in...

Wall St Slides after Gloomy Earnings Led by Tesla

Friday, 21 April 2023 09:52 WIB | Market update

Major U.S. stock indexes ended lower on Thursday after disappointing quarterly reports from companies including Tesla and AT&T, while investors sought clarity on the path of interest rates. Tesla (TSLA.O) shares tumbled after the electric vehicle maker posted its lowest quarterly gross margin...

S&P 500 Ends Little Changed amid Medtech Gains, Netflix Drag

Thursday, 20 April 2023 09:46 WIB | Market update

The S&P 500 ended little changed on Wednesday as investors digested a mixed bag of corporate earnings, including upbeat reports from medical technology companies, countered by weakness in Netflix shares. The Dow slipped, weighed down by declines in Walt Disney Co and UnitedHealth Group Inc...

Wall St Ends Little Changed as J&J, Goldman Disappoint

Wednesday, 19 April 2023 09:56 WIB | Market update

The S&P 500 ended little changed on Tuesday after a mixed performance from megacap stocks and disappointing quarterly reports from Johnson & Johnson and Goldman Sachs as first-quarter earnings season kicked into gear. J&J shares fell after the healthcare conglomerate cautioned...

Wall St Edges Up; Investors Await Earnings, Fed Cues

Tuesday, 18 April 2023 09:48 WIB | Market update

Major U.S. stock indexes ended with slim gains on Monday, helped by financial and industrial shares while investors braced for a heavy week of corporate results and comments from Federal Reserve officials that could give more insight into the path of interest rates. Markets are gauging the health...

Dow Rises more than 100 Points after Cooler-Than-Expected March Inflation Report

Thursday, 13 April 2023 03:14 WIB | Market update

Stocks climbed Wednesday after a key inflation reading showed that consumer prices rose less than expected in March. The Dow Jones industrial Average popped 160 points, or 0.5%. The S&P 500 gained 0.5%, while the Nasdaq Composite advanced 0.7%. The March consumer price index showed a rise of...

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