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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...

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, 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...

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...

Wall St Ends Sharply Lower on Mixed Earnings, Sticky Inflation, Geopolitical Fears

Saturday, 13 April 2024 10:05 WIB | Market update

U.S. stocks sold off on Friday after major U.S. banks' results failed to impress, capping a week marked by market-moving inflation data, evolving expectations for U.S. Federal Reserve policy, and looming geopolitical tensions. All three major indexes fell more than 1%, and registered losses on...

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 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 Ends Flat as Investors Await CPI, Earnings

Tuesday, 9 April 2024 09:51 WIB | Market update

U.S. stocks were essentially unchanged at the close of a choppy session on Monday, with a solar eclipse offering distraction ahead of crucial inflation data and the kick-off of first-quarter earnings season. All three major U.S. stock indexes were held in check by the highest benchmark U.S....

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...

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...

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...

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...

Dow Closes more than 200 Points Lower to Begin April as Treasury Yields Pop

Tuesday, 2 April 2024 10:05 WIB | Market update

The Dow Jones Industrial Average dipped Monday to kick off the second quarter, with traders weighing fresh U.S. inflation data amid fears that the market rally could slow down. The 30-stock Dow Jones Industrial Average lost 240.52 points, or 0.6% and settled at 39,566.85. The S&P 500 dipped...

S&P, Nasdaq Open Higher as Softening Inflation Fans Rate Cut Bets

Tuesday, 2 April 2024 03:43 WIB | Market update

The S&P 500 and the Nasdaq inched higher at open Monday after the latest inflation print showing moderating consumer prices bolstered hopes of an early interest rate cut by the Federal Reserve, although higher Treasury yields kept a lid on gains. The Dow Jones Industrial Average, rose 0.56...

Wall St Opens Flat ahead of Easter Break, Eyes Sharp Q1 Gains

Friday, 29 March 2024 03:25 WIB | Market update

Wall Street's main indexes opened flat on Thursday in thin trading ahead of Easter break, as investors awaited more data to gauge the Federal Reserve's policy path on the last business day of a strong first quarter. The Dow Jones Industrial Average rose 3.66 points, or 0.01%, at the open to...

Stocks Rise as S&P 500 Tries to Snap 3-Day Losing Streak

Thursday, 28 March 2024 03:23 WIB | Market update

Stocks rose Wednesday following a losing session on Wall Street that pulled the indexes further from record levels. The S&P 500 gained 0.6%. The Dow Jones Industrial Average advanced 216 points, or 0.6%. The Nasdaq Composite also climbed 0.6%. Those moves follow a negative day for the three...

S&P 500 Rises Slightly, Tries to Recover from Back-to-Back Losses

Wednesday, 27 March 2024 03:21 WIB | Market update

U.S. stocks rose slightly Tuesday, as investors tried to resume the rally that took equities to record highs after a decline in the previous session. The S&P 500 gained 0.2%. The Nasdaq Composite advanced 0.4%, and the Dow Jones Industrial Average climbed 52 points, or 0.1%. The three major...

Stocks Slip to Start Shortened Trading Week as Rally to Records Pauses

Tuesday, 26 March 2024 03:29 WIB | Market update

Stocks were slightly lower Monday to start a shortened trading week as the rally that brought Wall Street to record levels took a breather. The Dow Jones Industrial Average fell 70 points, or 0.2%. The S&P 500 dipped 0.3%, and the Nasdaq Composite slid 0.5%. Shares of Intel led the market...

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