Global markets update: US stocks gain after slowdown in inflation, Nasdaq rallies 1.16%

Global markets update: US stocks gain after slowdown in inflation, Nasdaq rallies 1.16%

US stocks gained on Wednesday with Nasdaq rallying over 1% after data showed a slowdown in inflation. The inflation data bolstered hopes that the Federal Reserve could end its interest rate hikes soon. The S&P 500 gained 33.40 points, or 0.75%, at 4,472.66 points. The Nasdaq Composite climbed 160.30 points, or 1.16%, at 13,921.00. The … Read more

Global markets update: US stocks up marginally as investors await inflation data

Global markets update: US stocks up marginally as investors await inflation data

US stocks edged higher marginally on Monday as investors awaited inflation data, due to be released on Wednesday. US stocks edged higher marginally on Monday as investors awaited inflation data, due to be released on Wednesday. The S&P 500 gained 3.89 points, or 0.09%, at 4,402.84. The Dow Jones Industrial Average rose 167.86 points, or … Read more

Global markets update: US stocks gain, Tesla rallies

Global markets update: US stocks gain, Tesla rallies

US stocks gained on Monday in a holiday-shortened session. The markets were lifted by a rally in Tesla and strength in bank shares. US stocks gained on Monday in a holiday-shortened session. The markets were lifted by a rally in Tesla and strength in bank shares. The Dow Jones Industrial Average rose 10.87 points, or … Read more

Global markets update: US stocks rise as major banks clear Fed’s stress test

Global markets update: US stocks rise as major banks clear Fed’s stress test

US stocks rose on Thursday as banks rallied after Federal Reserve’s annual stress test showed that the biggest US banks have enough capital to weather a severe economic slump. The S&P 500 gained 20.18 points, or 0.46%, at 4,397.04 points. The Dow Jones Industrial Average rose 266.88 points, or 0.79%, at 34,119.54. The Nasdaq Composite … Read more