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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…
Source: Live Mint A rally that drove stocks to a series of all-time highs showed signs of exhaustion, with investors awaiting this week’s key jobs report and Jerome Powell’s remarks for clues on whether Federal Reserve officials will cut interest rates in December. Wall Street traders also refrained from making riskier bets amid intense volatility…
Source: Live Mint Wall Street stocks were muted on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the last session. At the opening bell, the Dow Jones Industrial Average fell 12.4 points, or 0.03%, to 44769.58. The S&P 500 fell 4.2 points, or 0.07%, to 6042.97, while the Nasdaq Composite…
Source: Live Mint US stock indices were mixed on Monday amid signs of strong Black Friday sales and after a report showed the US manufacturing sector is doing slightly better than feared. According to the Institute for Supply Management, manufacturing contracted again in November, but not by as much as expected, The week ahead is…
Source: Live Mint US stock indices were mixed on Wednesday as investors assessed Personal Consumption Expenditure (PCE) inflation report. At 10:03 a.m. the Dow Jones Industrial Average rose 47.83 points, or 0.11 per cent, to 44,908.14, the S&P 500 lost 8.68 points, or 0.14 per cent, to 6,012.95 and the Nasdaq Composite lost 87.31 points,…
Source: Live Mint US stocks showed a mixed performance on Tuesday as attention turned to President-elect Donald Trump’s proposed trade tariffs on Mexico and Canada. At 9:42 am ET, the Dow Jones Industrial Average dropped 197.32 points (0.44 per cent) to 44,539.25. Meanwhile, the S&P 500 rose 11.76 points (0.20 per cent) to 5,999.13, and…
Source: Live Mint US stocks advanced on Monday after Scott Bessent was nominated as Treasury Secretary in the incoming Donald Trump administration. At 09:50 a.m. the Dow Jones Industrial Average rose 459.25 points, or 1.03 per cent, to 44,753.77, the S&P 500 gained 43.12 points, or 0.72 per cent, to 6,012.50 and the Nasdaq Composite…
