The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …
In a much-needed boost for the market, the Dow Jones Industrial Average rebounded after a seven-day slump, as investors embraced tech stocks ahead of the end of the first half. The index gained 0.63%, or 212.03 points, closing at 33,926.74. …
In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …
The Nasdaq Composite and the S&P 500 ended their three-day losing streaks on Thursday, propelled by renewed investor interest in tech stocks. The Nasdaq, a tech-heavy index, surged by 0.95% to 13,630.61, while the S&P 500 rose 0.37% to 4,381.89, …
In a temporary halt to the recent market rally, stocks experienced a decline on Wednesday. Investor sentiment was influenced by Federal Reserve Chair Jerome Powell’s remarks on inflation. The Dow Jones Industrial Average dropped 0.30%, the S&P 500 declined by …
Stocks experienced a decline on Tuesday, marking the first trading day of the week, as the market took a breather after a recent rally that had propelled it to levels not seen in over a year. The Dow Jones Industrial …
In observance of the Juneteenth holiday, the regular trading session was suspended on Monday, providing investors with a break after a positive week. Despite minor slips on Friday, the S&P 500 and the Nasdaq Composite recorded their best weekly performances …
On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank …
Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the …
Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial …
