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Wall Street Ends Slightly Higher; Banks and Energy Weigh

Wednesday, 11 September 2024 10:06 WIB | Root

Wall Street's benchmark S&P 500 index closed slightly higher on Tuesday with concerns about slowing economic growth stunting gains and the Dow dipped as bank stocks sank after warnings of current-quarter weakness while energy shares tumbled. Energy was the weakest among the benchmark's 11...

Wall Street Rises as Investors Await Inflation Data, Fed Rate Cuts

Tuesday, 10 September 2024 10:05 WIB | Root

Wall Street's three major indexes closed higher on Monday as investors looked for bargains after the previous week's sell-off while they also waited for inflation reports in coming days and the Federal Reserve's next policy decision next week. Investors had fled from equities last week when...

S&P 500, Dow End Lower Ahead of Key Jobs Data

Friday, 6 September 2024 10:04 WIB | Root

The benchmark S&P 500 index and the Dow ended lower in choppy trading on Thursday after a short-lived boost from a string of economic reports faded and investors eyed key jobs data due on Friday. The Nasdaq finished slightly higher. Markets were edgy ahead of the release of the comprehensive...

Wall Street Ends Slightly Down after Weak Labor Market Data, Dovish Fed Comments

Thursday, 5 September 2024 10:12 WIB | Root

U.S. stocks finished slightly down in choppy trading on Wednesday following labor market data and comments from a Federal Reserve official that bolster the case for an interest rate cut. Labor Department data showed that U.S. job openings fell to a 3-1/2-year low in July, indicating continued...

S&P Ends Higher after Upbeat Economic Data

Saturday, 31 August 2024 10:01 WIB | Root

The Nasdaq and S&P 500 ended higher on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September. U.S. consumer spending increased solidly in July, suggesting the economy remained strong...

Dow Hits Record High; Nvidia Dips after Forecast

Friday, 30 August 2024 10:16 WIB | Root

Wall Street stocks rose and the Dow hit a record high on Thursday following robust U.S. economic data, while artificial intelligence chipmaker Nvidia slipped after its largely in-line forecast failed to impress investors. The U.S. economy grew faster than initial estimates due to strong consumer...

Wall Street Ends Down; Investors Brace for Nvidia Report

Thursday, 29 August 2024 10:05 WIB | Root

U.S. stocks fell on Wednesday ahead of a quarterly report from Nvidia, Wall Street's centerpiece event of the week that could shatter or add fresh fuel to a rally driven by optimism around artificial intelligence. Shares of the dominant seller of AI processors, due to report after the closing...

Wall Street Ends Up as Investors Focus on Nvidia Results

Wednesday, 28 August 2024 10:08 WIB | Root

The S&P 500 ended higher on Tuesday ahead of a much-anticipated quarterly report from Nvidia on Wednesday and economic data expected later in the week that could give clues about the path of interest rate cuts. Heavyweight tech-related stocks were mixed, with the focus on upcoming results...

Dow Closes at Record High, while Tech Stocks Drag Down S&P and Nasdaq

Tuesday, 27 August 2024 10:11 WIB | Root

The Dow Jones Industrial Average closed at a record high on Monday, as investors tried to put behind a steep sell-off from earlier this month. The 30-stock index closed up 65 points, or 0.16%, at 41,240.52. Earlier in the day it climbed more than 200 points, or 0.6%, then pulled back from that...

S&P 500 Closes Higher for Fifth Straight Day as Easing Inflation Bolsters Rate Cut Hopes

Thursday, 15 August 2024 10:03 WIB | Root

The Dow Jones Industrial Average ticked up Wednesday after the release of more encouraging U.S. inflation data. The 30-stock Dow climbed 242 points, or 0.61%, to end the day at 40,008.39. The S&P 500 inched up 0.38% to close at 5,455.21, and marked its fifth straight winning day. The Nasdaq...

Wall Street Ends Higher as Softer Producer Prices Data Boosts Rate-Cut Bets

Wednesday, 14 August 2024 09:57 WIB | Root

U.S. indexes closed higher on Tuesday and hit a near two-week high after softer producer prices data reinforced bets of an interest-rate cut by the Federal Reserve in September. U.S. producer prices increased less than expected in July as a rise in the cost of goods was tempered by cheaper...

S&P 500 Falls Friday as Market Attempts to Erase Week’s Losses

Saturday, 10 August 2024 03:59 WIB | Root

U.S. stocks ticked down Friday as investors tried to recover the remaining losses stemming from the sell-off earlier this week. The S&P 500 dipped 0.1%. The Nasdaq Composite traded 0.3% lower, and the Dow Jones Industrial Average lost 56 points, or 0.1%. Paramount Global climbed around 3%...

Dow Jumps 500 Points as Comeback Rally Gains Steam

Friday, 9 August 2024 06:12 WIB | Root

Stocks climbed Thursday after new labor market data boosted investors’ confidence in the U.S. economy following a sharp market sell-off earlier in the week. The Dow Jones Industrial Average traded 540 points higher, or 1.4%. The S&P 500 climbed 1.9%, while the Nasdaq Composite added...

S&P 500 Rises 1% after New Labor Market Data Soothes Recession Fears

Friday, 9 August 2024 03:28 WIB | Root

Stocks climbed rose Thursday after new labor market data boosted investors’ confidence in the U.S. economy after a sharp market sell-off earlier in the week. The S&P 500 climbed 1% along with the Nasdaq Composite. The Dow Jones Industrial Average traded 218 points higher, or 0.8%. The latest...

Stocks Rally for a Second Day Following Rout, Dow Surges 250 Points

Thursday, 8 August 2024 05:57 WIB | Root

Stocks climbed Wednesday, clawing back more of the sharp losses suffered earlier in the week. The Dow Jones Industrial Average traded 252 points higher, or 0.7%. The S&P 500 jumped 1%, and the Nasdaq Composite advanced 1%. Nvidia and Meta Platforms added around 1%, while Advanced Micro...

Stocks Rally for a Second Day, with the Dow Up 200 Points

Thursday, 8 August 2024 03:27 WIB | Root

Stocks popped Wednesday after Wall Street snapped a three-day losing streak. Investors also looked to claw back more of the losses suffered earlier in the week. The Dow Jones Industrial Average traded 226 points higher, or 0.6%. The S&P 500 jumped 1.3%, and the Nasdaq Composite advanced...

Wall Street Tumbles on Growing Recession Worries

Tuesday, 6 August 2024 03:47 WIB | Root

Wall Street's main indexes tumbled on Monday, as fears of the United States tipping into recession following weak economic data last week rippled through global markets. The Dow Jones Industrial Average (.DJI), fell 681.07 points, or 1.71%, at the open to 39,056.19. The S&P 500 opened lower...

S&P 500 Jumps as AMD Leads Chip Comeback Ahead of Fed Decision

Thursday, 1 August 2024 03:30 WIB | Root

Stocks rose Wednesday as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision. The S&P 500 jumped 1.3%, while the Nasdaq Composite popped nearly 2%. The Dow Jones Industrial Average traded just above the flatline. Advanced Micro Devices...

S&P 500 Rises as Traders Weigh Latest Earnings, Fed Decision Looms

Wednesday, 31 July 2024 03:28 WIB | Root

The S&P 500 rose on Tuesday as investors digested key corporate earnings and looked to the beginning of the Federal Reserve’s policy meeting. The broad market index gained 0.2%, while the Dow Jones Industrial Average climbed 103 points, or 0.3%. The Nasdaq Composite advanced...

Stocks rose Monday as Wall Street gears up for a busy week of corporate earnings.

Tuesday, 30 July 2024 03:35 WIB | Root

The Dow Jones Industrial Average gained 58 points, or 0.1%. The S&P 500 climbed 0.2%, and the Nasdaq Composite gained 0.3%. The recent cooling off of the tech trade has dragged the major market indexes lower, but the catch-up of areas like small caps has been encouraging to many market...

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