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U.S. Stocks Open Higher after Nonfarm Payrolls Report

Saturday, 2 September 2023 03:17 WIB | Market update

U.S. stocks opened higher after data from the Labor Department showed jobs growth was stronger than anticipated in August while the unemployment rate rose. The Dow Jones Industrial Average was up 0.7% soon after the opening bell, while the S&P 500 gained 0.7% and the Nasdaq Composite climbed...

U.S. Stocks Open Higher after Inflation, Jobless Claims Data

Friday, 1 September 2023 03:11 WIB | Market update

U.S. stocks opened higher Thursday, with the S&P 500 up slightly, as investors weighed a reading from the Federal Reserveâ€™s preferred inflation gauge as well as a government report on jobless claims. The Dow Jones Industrial Average was up 0.3% soon after the opening bell, while the S&P...

S&P 500, Nasdaq Inch up as Economic Data Fuels Rate-Pause Hopes

Thursday, 31 August 2023 03:19 WIB | Market update

The S&P 500 and the Nasdaq edged up at open on Wednesday as fresh economic data indicated a cooling U.S. economy, keeping alive hopes the Federal Reserve could pause rate hikes in September. The Dow Jones Industrial Average (.DJI) slipped 4.87 points, or 0.01%, at the open to 34,847.80. The...

Wall St Subdued at Open Ahead of Key Economic Data

Wednesday, 30 August 2023 03:17 WIB | Market update

Wall Street's main indexes opened muted on Tuesday as investors refrained from placing big bets ahead of key economic data this week, including figures on job openings due later in the day that will provide further clues on the state of the economy. The Dow Jones Industrial Average fell 28.86...

U.S Stocks Open Higher, Dow Kicks off Week Rising more than 150 Points

Tuesday, 29 August 2023 03:15 WIB | Market update

U.S. stocks opened higher Monday, with the S&P 500 extending last weekâ€™s gains booked after Federal Reserve Chair Jerome Powellâ€™s Jackson Hole speech on Aug. 25. The Dow Jones Industrial Average was up more than 150 points, or 0.5%, soon after the opening bell, while the S&P 500...

U.S. Stocks Open Mostly Higher as Investors Assess Nvidia Earnings, Jobless Claims

Friday, 25 August 2023 03:20 WIB | Market update

U.S. stocks opened mostly higher Thursday, as investors assessed Nvidia Corp. earnings results and data on jobless claims and durable orders. The Dow Jones Industrial Average was down less than 0.1% soon after the opening bell, while the S&P 500 gained 0.4% and the Nasdaq Composite rose 0.7%,...

U.S. Stocks Open Slightly Higher as Investors await Nvidia Earnings Results

Thursday, 24 August 2023 03:15 WIB | Market update

U.S. stocks opened slightly higher Wednesday, as investors await economic data on manufacturing, services and new home sales as well as earnings results from Nvidia Corp. The Dow Jones Industrial Average was up 0.2% soon after the opening bell, while the S&P 500 edged up 0.3% and the Nasdaq...

U.S. Stocks Open Modestly Higher after S&P 500â€™s Three-Week Slide

Tuesday, 22 August 2023 03:17 WIB | Market update

U.S. stocks opened higher Monday, with the S&P 500 index up modestly as it attempts to recover from last weekâ€™s fall amid a rise in Treasury yields. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell, while the S&P 500 gained 0.3% and the Nasdaq Composite...

Nasdaq Falls a Fourth Day in a Row, Notches Longest Weekly Losing Streak Since December

Saturday, 19 August 2023 10:03 WIB | Market update

Stocks closed Friday's session with weekly losses, as Wall Street's August struggles continue. The Dow Jones Industrial Average added 25.83 points, and was roughly 0.07% higher to close at 34,500.66. The S&P 500 was lower by 0.01%, finishing at 4,369.71. The Nasdaq Composite slipped 0.2%,...

Dow Tumbles Nearly 300 Points as Stocks Fall for a Third Straight Day and Yields Pop

Friday, 18 August 2023 09:50 WIB | Market update

Stocks slid for a third session on Thursday as investors digested the latest round of earnings and economic data, and as rates jumped to fresh highs. The Dow Jones Industrial Average dropped 290.91 points, or 0.84%, to close at 34,474.83.It was the first time the 30-stock Dow closed below the...

Stocks Post Back-to-Back Loss after Fed Minutes Point to Lingering Inflation and Rate Risks

Thursday, 17 August 2023 09:51 WIB | Market update

U.S. stocks posted back-to-back losses Wednesday after Federal Reserve minutes of its July meetings showed concerns about inflation revving back up. The Dow Jones Industrial Average fell about 180 points, or 0.5%, ending near 34,765, according to preliminary FactSet data. The S&P 500 index...

Dow Slides More Than 300 Points, Breaking a 3-Day Win Streak, as Bank Names Tumble

Wednesday, 16 August 2023 09:58 WIB | Market update

Stocks fell Tuesday as concern over the state of the global economy â€” China in particular â€” and a decline in U.S. banks combined to pressure Wall Street. The Dow Jones Industrial Average slid 361.24 points, or 1.02%, ending at 34,946.39. The S&P 500 pulled back by 1.16%, closing at...

Stocks Slip as Traders Lose Faith in Rate-Cut Bets

Wednesday, 16 August 2023 05:57 WIB | Market update

Stocks slumped as investor debate shifts toward how long the Federal Reserve will keep interest rates elevated. US bonds gained as investors bought the dip. The S&P 500 fell 0.7% while the Nasdaq 100 slid 0.6% after US retail sales rose more than forecast,...

S&P 500, Nasdaq End Higher as Nvidia Surge Leads Megacap Gains

Tuesday, 15 August 2023 09:54 WIB | Market update

The S&P 500 and the Nasdaq closed higher on Monday as shares of chipmaker Nvidia jumped following a bullish note from Morgan Stanley, leading other megacap growth stocks higher as investors awaited earning reports from U.S. retailers. Nvidia's (NVDA.O) gain pushed the information technology...

Tech Stocks Climb as Traders Look for Soft Landing

Tuesday, 15 August 2023 05:58 WIB | Market update

Tech stocks were leading US equities higher in light trading while Treasuries fell as traders weighed the prospect of a soft landing for the economy against interest rates remaining higher for longer. US stocks advanced in a choppy session. Trading in S&P 500 companies was 19% below...

S&P 500, Nasdaq Finish Lower, Logging Back-to-Back Weekly Losses

Saturday, 12 August 2023 09:52 WIB | Market update

U.S. stocks finished mostly lower on Friday, with only the Dow hanging on to gains, as the S&P 500 and Nasdaq Composite capped off their first back-to-back weekly losses in months. The S&P 500 fell by 4.65 points, or 0.1%, to 4,464.18 on Friday, according to preliminary closing data from...

S&P 500 Inches Lower, Heads for Second Losing Week in a Row

Saturday, 12 August 2023 05:43 WIB | Market update

The S&P 500 inched lower on Friday and was on pace to record another losing week as investors weighed crosscurrents within corporate earnings and inflation data. The broad index shed 0.3%. The Dow Jones Industrial Average added 56 points, or 0.2%, helped by gains of nearly 1% in UnitedHealth...

U.S. Stocks Eke Out Gain after Erasing Most of Post-Inflation Report Rally

Friday, 11 August 2023 09:47 WIB | Market update

U.S. stocks finished marginally higher on Thursday after blowing a huge gain that had followed the release of a hotly anticipated inflation report for July. The S&P 500 finished higher by 1.20 points, or less than 0.1%, at 4,468.91, according to preliminary data from FactSet. The Nasdaq...

Dow Climbs More Than 100 Points After Soft Inflation Data, Disney Shares Gain

Friday, 11 August 2023 06:00 WIB | Market update

Stocks rose Thursday after a key inflation reading showed slightly less year-over-year inflation growth than expected. The Dow Jones Industrial Average advanced 131 points, or 0.4%. The S&P 500 climbed 0.3%, and the Nasdaq Composite rose 0.2%. All three indexes were up more than 1% earlier in...

Dow Sheds Nearly 200 Points, Nasdaq Drops 1% as August Slide Resumes Ahead of Inflation Report

Thursday, 10 August 2023 09:50 WIB | Market update

Stocks fell Wednesday as Wall Street awaited fresh inflation data coming later in the week. The Dow Jones Industrial Average lost about 191.13 points, or 0.54%, to finish at 35,123.36. The S&P 500 shed 0.7% to 4,467.71. The Nasdaq Composite slipped 1.17% to 13,772.02. Penn Entertainment...

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