US stocks edged higher on Monday ahead of the Federal Reserve monetary policy meeting. The US central bank is widely expected to hike its interest rates on Wednesday to its highest level since 2001. The S&P 500 rose 18.30, or 0.4%, at 4,554.64. The Dow Jones Industrial Average gained 183.55, or 0.5%, at 35,411.24. The … Read more
US stocks rose on Wednesday following earnings reports from a spate of banks and other big companies. The S&P 500 rose 10.74, or 0.2%, at 4,565.72. The Dow Jones Industrial Average gained 109.28 points, or 0.3%, at 35,061.21. The Nasdaq composite edged up by 4.38, or less than 0.1%, at 14,358.02. The insurance provider Elevance … Read more
US stocks edged higher on Thursday, as data showed the annual increase in US producer inflation was the smallest in nearly three years. In June, the producer price index climbed 0.1%. That was the smallest year-on-year gain since August 2020 and followed a 0.9% increase in May. The S&P 500 gained 37.73 points, or 0.84%, … Read more
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
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
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
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
Wed, Jun 28 2023 11:47 AM EDT Fed’s Powell on interest rate hikes: More restriction coming because of strong labor market CNBC’s Sara Eisen speaks with Federal Reserve Chairman Jerome Powell and other global central bank leaders Wednesday morning at a monetary policy forum in Sintra, Portugal. Wed, Jun 28 2023 9:39 AM EDT U.S. … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s David Faber reports that activist investor Nelson Peltz is seeking a seat on Disney’s board of directors. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia. 06:57 Wed, Jan 11 20236:13 PM … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The U.S. dollar is the most powerful currency that exists today. Yet analysts have been warning of the dollar’s impending doom since its rise to prominence in 1971. 10:22 Fri, Apr 8 20228:00 AM EDT Source link