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WALL STREET

U.S. Stocks Are Little Changed After Nasdaq Gets First Record Close In More Than Two Years

Saturday, 2 March 2024 04:23 WIB | Market update

U.S. stocks were flat Friday after the market wrapped up its fourth straight winning month and the tech-heavy Nasdaq Composite reached its first closing record since November 2021. The Nasdaq was up 0.2%, while the S&P 500 gained just 0.1%. The Dow Jones Industrial Average rose...

U.S. Stocks Rise After Key January Inflation Reading Meets Forecasts

Friday, 1 March 2024 04:25 WIB | Market update

U.S. stocks ticked higher as investors digested a key inflation metric that met economist expectations. The Dow Jones Industrial Average advanced 90 points, or 0.2%. The S&P 500 climbed 0.5%. The Nasdaq Composite advanced 0.9%. Data showed the Federal Reserve’s preferred measure of inflation...

Dow Falls For A Third Straight Day, Loses More Than 200 Points As Traders Await Fresh Data This Week

Thursday, 29 February 2024 04:24 WIB | Market update

U.S. stocks ticked lower Wednesday as investors looked ahead to a key inflation report due later this week. The Dow Jones Industrial Average fell for a third day in a row, losing 222 points, or 0.6%. The S&P 500 dipped 0.3%, while the Nasdaq Composite dipped 0.5%. Online marketplace eBay...

Stocks fall for a third day as Wall Street braces for Nvidia’s major earnings report

Thursday, 22 February 2024 06:34 WIB | Nikkei

U.S. stocks ticked down for a third day in a row Wednesday as traders looked ahead to Nvidia’s latest quarterly earnings report. The Dow Jones Industrial Average traded 65 points lower, or about 0.2%. The S&P 500 slipped 0.2%, and the Nasdaq Composite slid 0.5%. Nvidia is slated to post its...

Dow Slides More Than 100 Points Friday, Major Averages End 5-Week Winning Run

Saturday, 17 February 2024 10:53 WIB | Market update

U.S. stocks slid Friday after yet another hot inflation report stoked fears that Federal Reserve rate cuts may not arrive until later than anticipated this year. The S&P 500 fell 0.5%, and the Dow Jones Industrial Average slid 157 points, or 0.4%. The Nasdaq Composite lost 0.6%. The producer...

S&P 500, Dow Climb As Retail Sales Data Cheers

Friday, 16 February 2024 06:35 WIB | Market update

The S&P 500 and the Dow gained on Thursday as investors cheered a higher-than-expected fall in retail sales data and looked ahead for clues on when the U.S. Federal Reserve would deliver its first interest-rate cut this year. A Commerce Department report showed U.S. retail sales dropped 0.8%...

Wall St Climbs After Selloff; Nvidia Outstrips Alphabet In Market Value

Thursday, 15 February 2024 06:31 WIB | Market update

Wall Street gained some steam on Wednesday after a selloff in the prior session on a hot inflation report, while Nvidia topped Alphabet market value to become the third-most valuable U.S. company. Nvidia overtook Google-parent Alphabet's stock market capitalization, days before the poster child...

Dow Tumbles 500 Points, Posts Worst Day Since March 2023 After Hot Inflation Report

Wednesday, 14 February 2024 10:55 WIB | Market update

U.S. stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year, a key part of the bull case for the equity market. The Dow Jones Industrial Average lost 620...

Dow Rises More Than 100 Points To Close At A Record

Tuesday, 13 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average rose to a new high on Monday as investors awaited fresh inflation and earnings data. The 30-stock index advanced 112 points, or 0.3%. The S&P 500 hovered around the flatline, while the Nasdaq Composite slid 0.2%. Salesforce dragged the Dow down, with the...

S&P 500 Closes Above 5,000 For First Time Ever, Notches Fifth Straight Winning Week

Saturday, 10 February 2024 10:51 WIB | Market update

U.S. stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 broke above the historic 5,000 level as strong earnings and economic news chugged on. The Dow Jones Industrial Average slipped 90 points, or 0.2%, while the S&P 500...

U.S. Stocks Buoyed By Wall Street; US Treasury Yields Rise

Saturday, 10 February 2024 07:09 WIB | Market update

The S&P 500 crossed the 5,000-point milestone on Friday as U.S. inflation data raised expectations the Federal Reserve will cut interest rates this year, as closely watched U.S. Treasury yields rose and European shares eased. The greenback dipped after the U.S. data, but was still headed for...

U.S. Stocks Little Changed; Dollar Up After Jobless Claims

Friday, 9 February 2024 06:46 WIB | Market update

Global stock indexes were little changed on Thursday with the S&P 500 holding just shy of the 5,000 level, while the U.S. dollar inched higher after U.S. unemployment benefits data underscored the view the Fed will not need to cut rates soon. The subdued trading in equities followed overnight...

S&P 500 Closes At Record High; Earnings, Rate Outlook In Spotlight

Thursday, 8 February 2024 10:59 WIB | Market update

Wall Street's major stock indexes rose on Wednesday, with the benchmark S&P 500 scaling a record high, as investors applauded overall strength in U.S. earnings and monitored policymaker comments for clues on the interest rate outlook. Shares in Chipotle Mexican Grill rallied after it topped...

S&P 500 Closes Near Session High As Wall Street Attempts To Recoup Record Levels

Wednesday, 7 February 2024 10:53 WIB | Market update

The Dow Jones Industrial Average climbed on Tuesday as Wall Street assessed the latest batch of corporate earnings and the timeline for rates cuts from the Federal Reserve. The broad market index slipped 0.2% while the Nasdaq Composite rose 0.07%. The Dow Jones Industrial Average rose 30 points,...

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 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...

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...

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