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Market Overview:
US markets retreated on Thursday as Federal Reserve Chair Jerome Powell's comments suggested that the Fed is not in a rush to cut interest rates. The Dow dropped by 0.5%, losing over 200 points, while the S&P 500 fell 0.6% and the Nasdaq Composite declined 0.7%. This pullback signa...
Market Overview:
US stock markets ended Wednesday with mixed results as the latest Consumer Price Index (CPI) report delivered inflation data that closely aligned with forecasts, reinforcing expectations of a Federal Reserve rate cut next month. The Nasdaq Composite, heavily weighted in tech, slid ...
Market Overview:
The post-election surge took a pause on Tuesday, with U.S. stock indices stepping back ahead of Wednesday's highly anticipated Consumer Price Index (CPI) report. The Dow Jones Industrial Average led the decline, dropping nearly 0.8%—or around 350 points—as investors assessed whethe...
Market Overview:
The Dow and S&P 500 surged to close above key milestones Monday, driven by a post-election rally that continues to energize Wall Street. This "Trump trade" has reignited optimism, with Bitcoin soaring near $87,000 and Tesla stock climbing for the fifth consecutive session. Leading ...
Market Overview:
The Dow and S&P 500 capped the week with record-setting highs as post-election enthusiasm and a Federal Reserve rate cut propelled stocks upward. On Friday, the S&P 500 (^GSPC) briefly hit the 6,000 level, ultimately closing up 0.4%. Meanwhile, the tech-heavy Nasdaq Composite (^IXI...
Market Overview:
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) achieved record highs as a Fed rate cut and continued optimism from Donald Trump’s election win fueled a tech-led rally. The Federal Reserve’s anticipated 25 basis point rate cut lowered the benchmark rate to 4.5-4.75%, further buoyi...
Market Overview:
Following Donald Trump’s election victory over Kamala Harris, US stocks soared, marking record highs across major indices. The Dow Jones Industrial Average (^DJI) surged approximately 3.5%, adding around 1,500 points to close at a record, with its strongest performance since 2022. ...
Market Overview:
The Dow, S&P 500, and Nasdaq all advanced as Wall Street positioned for the 2024 presidential election results. On Election Day, US stocks showed strong gains across the board, led by the tech-heavy Nasdaq Composite (^IXIC), which rose approximately 1.4%. The benchmark S&P 500 (^GS...
Market Overview:
The Dow Jones led stocks lower in a volatile session as Wall Street braced for the presidential election and an important Federal Reserve policy decision later this week. The S&P 500 (^GSPC) dropped 0.3%, with the tech-heavy Nasdaq Composite (^IXIC) also declining by a similar marg...
Market Overview:
The Nasdaq and S&P 500 posted a moderate rebound today as investors assessed a surprisingly weak jobs report and were cheered by Amazon’s (AMZN) earnings surge. The Nasdaq Composite (^IXIC) rose 0.8%, the S&P 500 (^GSPC) advanced 0.4%, and the Dow Jones Industrial Average (^DJI) ga...
Market Overview:
The Nasdaq led a sharp decline in US equities today, driven by disappointing earnings from Microsoft (MSFT) and Meta (META) that sparked concerns over rising costs in the Big Tech sector, particularly in artificial intelligence infrastructure. The Nasdaq Composite (^IXIC) plummeted...
Market Overview:
The Nasdaq, S&P 500, and Dow Jones closed slightly lower today as markets digested Alphabet’s (GOOG, GOOGL) strong earnings alongside new economic data that contributed to a mixed outlook for the Federal Reserve’s upcoming interest rate decision. The Dow Jones Industrial Average (^...
