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Source: Live Mint Wall Street stocks edged lower on Monday, as Treasury yields climbed after robust jobs data last week bolstered expectations of a hawkish stance by the Federal Reserve for this year. Artificial-intelligence companies and bitcoin-related stocks were leading the markets down. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or…
Source: Live Mint The week ahead for Wall Street investors is going to be busy as they will witness crucial inflation data, with producer and consumer price reports slated to be declared. Among other economic data, market participants will also get retail sales and industrial production reports to monitor. The week will also see earnings…
Source: Live Mint US stock indices declined on Wednesday after softer-than-expected jobs data and a media report that said President-elect Donald Trump was mulling a national economic emergency declaration. An ADP National Employment report showed the US added 122,000 jobs in the private sector in December 2024. A separate Labor Department report showed jobless claims…
Source: Live Mint US stocks dropped on Monday on a sell-off in Big Tech companies and on elevated Treasury yields. At 09:57 am ET, the Dow Jones Industrial Average fell 651.52 points, or 1.52 per cent, to 42,340.69, the S&P 500 lost 89.52 points, or 1.51 per cent, to 5,881.32 and the Nasdaq Composite lost…
Source: Live Mint After a sharp sell-off on Wall Street last week, market participants will witness sparse economic data in the holiday-shortened week ahead. No major events are scheduled in the week. The sell-off thwarted the seasonal Santa Claus rally, in which stocks rise on the last five sessions of December and the first two…
Source: Live Mint US stock indices edged higher on Tuesday in a truncated trading session ahead of Christmas, led by gains in Big Tech shares. At 09:42 am the Dow Jones Industrial Average rose 32.38 points, or 0.08 per cent, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36 per cent, to 5,995.75, and…
Source: Live Mint US stocks were muted on Monday, as a stopgap government funding bill averted a partial shutdown. At the open, the Dow Jones Industrial Average fell 39.8 points, or 0.09%, to 42800.49. The S&P 500 rose 9.4 points, or 0.16%, to 5940.25, while the Nasdaq Composite rose 68.5 points, or 0.35%, to 19641.05. …
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…
