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Source: Live Mint As Wall Street is bracing for the US presidential election on Tuesday (November 5), market participants will keenly watch its outcome and the Federal Reserve’s monetary policy decision in the week ahead. According to several reports, Democrat candidate & US Vice President Kamala Harris and Republican opponent & former president Donald Trump…
Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…
Source: Live Mint US stocks were mixed on Wednesday after data showed the economy maintained a solid pace of growth in the third quarter. At the opening bell, the Dow Jones Industrial Average rose 16.8 points, or 0.04%, to 42249.81. The S&P 500 fell 0.3 points to 5832.65, while the Nasdaq Composite rose 18.9 points,…
Source: Live Mint US stocks edged lower on Tuesday as investors assessed a host of mixed earnings, while Treasury yields gained. At the opening bell, the Dow Jones Industrial Average fell 177.91 points, or 0.42%, to 42,209.66. The S&P 500 fell 7.34 points, or 0.13%, to 5,816.18, while the Nasdaq Composite rose 8.9 points, or…
Source: Live Mint Wall Street stocks climbed on Monday ahead of Big Tech earnings and the final phase before the November 5 US presidential election. As of 10 am Eastern time, the Dow Jones Industrial Average rose 298.63 points, or 0.71 per cent, to 42,413.03, the S&P 500 gained 27.49 points, or 0.47 per cent,…
Source: Live Mint Wall Street in the week ahead will see plenty of economic data and earnings reports from five megacap companies. On the economic front, investors will closely monitor US Q3 GDP numbers, the Federal Reserve’s preferred inflation gauge – Personal Consumption Expenditures price index, and jobs report. Next week, stocks of five megacap…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint Wall Street stocks rose on Friday, as Treasury yields eased and investors looked ahead to quarterly results from some of the big companies. At the opening bell, the Dow Jones Industrial Average rose 103.2 points, or 0.24 per cent, to 42,477.51. The S&P 500 rose 16.9 points, or 0.29 per cent, to…
Source: Live Mint US stock indices edged lower on Tuesday, as Treasury yields rose amid the third quarter earnings. At the opening bell, the Dow Jones Industrial Average fell 54.8 points, or 0.13%, to 42,876.84. The S&P 500 fell 21.3 points, or 0.36%, to 5,832.7, while the Nasdaq Composite dropped 88.1 points, or 0.48%, to…
Source: Live Mint Wall Street stocks were mixed on Monday ahead of major earnings reports. As of 12:46 p.m. Eastern time, the S&P 500 was 0.4 per cent lower, the Dow Jones Industrial Average was down 0.8 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 10:10 am Eastern time, the…
