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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 (Repeats story first published Friday with no changes to text) Fed widely expected to cut rates by 25 bps on Wednesday Some investors brace for “hawkish cut,” with Fed suggesting pause in easing cycle S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone NEW YORK, Dec 13…
Source: Live Mint Broadcom jumps as it forecasts Q1 revenue above estimates Chip stocks post varied performance Investors await Fed’s Dec. 17-18 meeting (Recasts with preliminary market close) Dec 13 (Reuters) – U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow…
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 Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, or 0.13%, to 44,824.29. The S&P 500 rose 6.3 points, or 0.10%, to 6,081.38, while the Nasdaq Composite rose 43.2 points, or 0.22%, to…
Source: Live Mint Hong Kong, Asian stocks were mixed Friday after Wall Street retreated from record highs as investors awaited a US jobs report due later in the day. US futures were lower and oil prices were little changed. This week’s highlight for markets will be Friday’s jobs report from the US government, which will…
Source: Live Mint Stocks lost steam near all-time highs, with Wall Street traders gearing up for key jobs data that will help determine whether the Federal Reserve will cut or hold interest rates in December. Equities dropped a day after the S&P 500 hit its 56th record this year. Short-term Treasuries underperformed, with the market…
