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Source: Live Mint After the hawkish stance of the US Federal Reserve last week, investors on Wall Street in the holiday-shortened week ahead will face a largely uneventful economic calendar. On Wednesday, markets will remain shut due to Christmas holiday, while Tuesday will see a truncated trading session. As the year 2024 is nearing its…
Source: Live Mint US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. The central bank is widely expected to cut rates by a quarter point. At 12:00 pm ET, the Dow Jones…
Source: Live Mint US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve’s interest rate decision following strong retail sales data, At the open, the Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47. The S&P 500 fell 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite dropped…
Source: Live Mint The S&P 500 and the Nasdaq edged higher on Monday, while the Dow was flat, as investors eyed anticipated Federal Reserve interest rate cut later in the week. At the open, the Dow Jones Industrial Average fell 2.3 points, or 0.01%, to 43825.76. The S&P 500 rose 12.7 points, or 0.21%, to…
Source: Live Mint The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. The central bank is widely expected to cut interest rates for a third time since September. Besides Fed decision, market participants will have a lot of economic data including…
Source: Live Mint US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. At the opening bell, the Dow Jones Industrial Average rose 52.6 points, or 0.12%, to 44,300.41. The S&P 500 rose 25.2 points, or 0.42%, to 6,060.15, while the…
Source: Live Mint US stocks were mixed on Tuesday ahead of a key inflation data this week. At the opening bell, the Dow Jones Industrial Average fell 110.4 points, or 0.25 per cent, to 44,291.57. The S&P 500 rose 4.7 points, or 0.08 per cent, to 6,057.59, while the Nasdaq Composite rose 59.7 points, or…
Source: Live Mint US stock indices were muted on Monday as investors awaited a key inflation report this week. At the opening bell, the Dow Jones Industrial Average fell 4.5 points, or 0.01%, to 44,637.97. The S&P 500 fell 7.3 points, or 0.12%, to 6,083.01, while the Nasdaq Composite dropped 35.7 points, or 0.18%, to…
Source: Live Mint After the strong November payrolls data, released last week, boosted hopes for an interest rate cut in December,the focus of investors in the week ahead will be on the consumer price inflation. The retail inflation data could provide clues on the US Federal Reserve’s last monetary policy of 2024. In addition, the…
Source: Live Mint International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies (OPEC+)’s recent decision to delay the oil output hikes till April…
