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S&P 500 Rises Slightly as Wall Street Tries to Move Back Toward Record Levels

Wednesday, 7 February 2024 04:24 WIB | Market update

The S&P 500 rose slightly on Tuesday following a sell-off spurred by higher bond yields and worries that the Federal Reserve may not cut rates as much as Wall Street had hoped. The broad market index was up 0.2%, while the Nasdaq Composite advanced 0.3%. The Dow Jones Industrial Average...

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%,...

S&P 500 is Flat as Rate Spike Offsets Gains from Strong Tech Earnings

Saturday, 3 February 2024 04:27 WIB | Market update

The S&P 500 was flat Friday after a trio of megacap tech titans reported results and investors digested a stronger-than-expected jobs report. The broad market index gained just 0.1%, while the Dow Jones Industrial Average lost 125 points, or 0.3%. The Nasdaq Composite rose just 0.1%. Stocks...

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...

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,...

Wall St Opens Muted After Mixed Earnings; Jobs Data In Focus

Wednesday, 31 January 2024 04:48 WIB | Market update

Wall Street's main indexes were subdued at open on Tuesday as investors assessed mixed earnings from legacy names such as United Parcel Service and General Motors while bracing for a key jobs report for insights into the labor market health. The Dow Jones Industrial Average fell 35.22 points, or...

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...

Stock futures fall ahead of big tech earnings and Fed meeting decision

Monday, 29 January 2024 19:41 WIB | Market update

U.S. stock futures were mixed on Monday morning as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. Futures tied to the Dow Jones Industrial Average declined 58 points, or 0.15%. S&P 500 and Nasdaq 100 futures were little...

S&P 500 rises on Friday, stocks head for winning week

Saturday, 27 January 2024 06:57 WIB | Market update

The S&P 500 inched higher on Friday, extending weekly gains as the latest economic data added to a positive picture of the economy. The broad index and Nasdaq Composite added 0.2%. The Dow Jones Industrial Average rose 123 points, or 0.3%. The major averages are also tracking for a winning...

Stocks rise after GDP report shows strong growth and slowing inflation

Friday, 26 January 2024 06:13 WIB | Market update

Stocks advanced Thursday as investors parsed data indicating continued economic growth and the latest corporate earnings reports. The Dow Jones industrial Average traded 48 points higher, or 0.1%. The S&P 500 and Nasdaq Composite rose 0.3% and 0.4%, respectively. With those gains, the S&P...

Wall St Opens Higher After Strong GDP Data; Tesla Slides On Growth Warning

Friday, 26 January 2024 04:35 WIB | Market update

Wall Street's main indexes was poised for a higher open, as a strong economic growth print boosted hopes of a likely soft landing, while Tesla sank on warning of slower growth. An advance estimate showed fourth-quarter gross domestic product (GDP) rose at a 3.3% annualized rate, much higher than...

Nasdaq rises 1%, S&P 500 hits another record as Netflix leads tech rally

Thursday, 25 January 2024 07:22 WIB | Market update

Stocks rose Wednesday as Netflix led a broader rally among technology names, pushing the broader market to new heights. The technology-heavy Nasdaq Composite advanced 1%. The S&P 500 climbed 0.7%, on track to clinch a new all-time closing record. The Dow Jones Industrial Average traded 129...

Dow Adds 100 Points, Nasdaq Climbs After Strong Netflix Subscriber Numbers

Thursday, 25 January 2024 04:22 WIB | Market update

U.S. stocks rose Wednesday after Netflix reported its subscriber count reached a new record in the fourth quarter. The Dow Jones Industrial Average traded 129 points higher, or 0.3%. The S&P 500 climbed 0.5%, and the Nasdaq Composite advanced 0.9%. Netflix shares surged more than 10%. The...

Dow slips 150 points after a batch of disappointing earnings

Wednesday, 24 January 2024 07:30 WIB | Market update

The Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders poured through the latest batch of corporate earnings. The blue-chip Dow lost 160 points, or 0.4%, retreating below the 38,000 level that was crossed for the first time ever on Monday. The 30-stock...

Dow Slips Tuesday After Hitting Record High Above 38,000

Wednesday, 24 January 2024 04:27 WIB | Market update

The Dow Jones Industrial Average fell Tuesday, a day after surpassing 38,000 for the first time. The Dow traded 33 points lower, or 0.1%. The 30-stock benchmark was pressured by a 6% decline in 3M, which was under pressure on the back of disappointing quarterly guidance. Separately, GE was also...

Dow and S&P 500 climb to new all-time highs

Tuesday, 23 January 2024 06:58 WIB | Market update

Stocks rose Monday as investors built on the previous session’s historic move to record highs. The Dow Jones Industrial Average climbed 150 points, or 0.5%, to a new record level. The S&P 500 added 0.2%, also reaching a fresh all-time high. The Nasdaq Composite advanced 0.3%. Macy’s rose...

S&P 500 Rallies 1% to All-Time High, Surpassing Previous Record Set in 2022

Saturday, 20 January 2024 10:56 WIB | Market update

The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force in recent days following a short-lived market stumble to start the new year. The S&P 500 rose 1.23%, surpassing the prior intraday record of 4,818.62, which was set in January 2022....

Stocks rise on Friday, putting the S&P 500 on track for a record close

Saturday, 20 January 2024 06:30 WIB | Market update

Stocks rose Friday as investors returned to buying equities in force in recent days following a short-lived market stumble to start the new year. The S&P 500 rose around 0.5% to trade just above its all-time closing high of 4,796.56 from January 2022. Meanwhile, the Dow Jones Industrial...

Dow Closes 200 Points Higher Thursday to Shake Off 3-Day Slump as Apple Shares Pop

Friday, 19 January 2024 11:06 WIB | Market update

Tech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory. The Dow Jones Industrial Average added 201.94 points, or 0.54%, rebounding from its 143.72 point loss earlier in the trading session. The 30-stock index finished the trading session at...

Dow Jones struggles as stocks attempt bounce; Nasdaq lifted by TSMC results

Friday, 19 January 2024 06:33 WIB | Market update

U.S. stocks were mostly higher Thursday, with the Nasdaq leading the way after upbeat results from Taiwan Semiconductor Manufacturing Company lifted chip makers. The Dow Jones Industrial Average struggled, however, losing ground as health-care stocks sputtered. The Dow trimmed its loss but...

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