US stock indices rose slightly on Thursday in thin trading ahead of Easter break. At 10:03 a.m. ET, the Dow Jones Industrial Average was up 25.28 points, or 0.06 per cent, at 39,785.36, the S&P 500 was up 6.02 points, or 0.11 per cent, at 5,254.51, and the Nasdaq Composite was up 10.75 points, or … Read more
US stocks surged on Wednesday ahead of an inflation data due this week. Investors are awaiting the US core personal consumption expenditure (PCE) price index data for February. The inflation data could offer clues about when the Federal Reserve will start cutting interest rates. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average … Read more
US stock indices edged higher on Tuesday as most megacap stocks and chipmakers jumped on optimism over three interest rate cuts this year. At 09:33 a.m. ET, the Dow Jones Industrial Average was up 70.78 points, or 0.18 per cent, at 39,384.42, the S&P 500 was up 15.22 points, or 0.29 per cent, at 5,233.41, … Read more
US stock markets advanced on Thursday, led by Nasdaq as chip stocks rallied. The market was buoyed by the expectations of three rate cuts in the year ahead. At 09:46 a.m. ET, the Dow Jones Industrial Average was up 225.19 points, or 0.57 per cent, at 39,737.32, the S&P 500 was up 30.41 points, or … Read more
US stocks fell slightly on Wednesday as investors braced for the outcome of the Federal Reserve’s policy meeting. Fed policymakers will conclude their two-day meeting later in the day. At 9:49 a.m. ET, the Dow Jones Industrial Average was down 20.12 points, or 0.05 per cent, at 39,090.64, the S&P 500 was down 4.55 points, … Read more
US stocks were mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday. At 9:52 a.m. ET, the Dow Jones Industrial Average was up 42.20 points, or 0.11 per cent, at 38,832.63, the S&P 500 was down 11.67 points, or 0.23 per cent, at 5,137.75, and the Nasdaq Composite was down … Read more
US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average … Read more
US stock indices surged on Tuesday after the release of inflation data. At 10:30 a.m. Eastern time, the Dow Jones Industrial Average was up 215 points, or 0.6 per cent, the S&P 500 was 0.8 per cent higher, and the Nasdaq composite was 1 per cent higher. US inflation rose for a second straight month … Read more
Wall Street’s main stock indexes dipped on Monday, as investors awaited key inflation data this week that could provide cues on the U.S. Federal Reserve’s monetary policy path after a mixed jobs report last week. All three major U.S. stock indexes had ended the week lower on Friday, with the S&P 500 and Nasdaq coming … Read more
The US stock market indices ended higher on Thursday, with the S&P 500 closing at a record high and the Nasdaq composite rallying 1.5%, led by gains in technology and growth stocks on rising optimism about prospects for Federal Reserve rate cuts this year. The Dow Jones Industrial Average gained 130.30 points, or 0.34%, to … Read more