S&P 500, Nasdaq Rise on Strong Earnings, Cooling Inflation
5 Articles
5 Articles
On the 14th (local time), the Standard & Poor's (S&P) 500 and Nasdaq indices closed higher on the New York Stock Exchange (NYSE). This is interpreted as market fears subsiding that the Federal Reserve would raise interest rates, as U.S. inflation figures slowed significantly more than expected. On the other hand, the Dow Jones 30 Industrial Average, which comprises blue-chip stocks, and the share price of major information technology (IT) compan…
US Markets Today: Dow, S&P 500, Nasdaq Rise as Cooling Inflation and Big Tech Lift Wall Street
US stocks traded higher on Wednesday as easing wholesale inflation helped Wall Street look past rising crude oil prices and ongoing geopolitical tensions in the Middle East. The Nasdaq Composite gained 0.55% to 26,250.40, while the S&P 500 added 0.35% to 7,570.13. The Dow Jones Industrial Average also traded modestly higher as investors balanced encouraging inflation data against elevated energy prices and a busy earnings calendar. The advance e…
Market Movers: Banking Sector Shines While IBM Stumbles and Oil Climbs
Quick Summary Major financial institutions including JPMorgan, Goldman Sachs, Bank of America, and Citigroup surpassed Q2 projections June inflation data came in softer than anticipated, increasing speculation about Fed rate reductions IBM stock tumbled following reduced profit guidance and lowered expectations Oil prices advanced due to escalating geopolitical concerns in the Middle East SK Hynix shares found stability following a turbulent in…
US Stock Market Today: Dow Jones, Nasdaq & S&P 500 Rises as IBM Crashes 24%, Bank Stocks Rally, Bitcoin & Oil Surges 2%, Gold & Silver Prices Fall Amid US-Iran Tensions | What Investors Should Watch
U.S. Stock Market Today: Dow higher 0.19% points, S&P (0.23%) and Nasdaq (0.49%) after Trump’s Iran speech, tech stocks sank and Brent crude oil surges $85.27 per barrel. Gold and silver attempt recovery from lows, while Bitcoin Surges above $63,675.57. What investors should watch next. The post US Stock Market Today: Dow Jones, Nasdaq & S&P 500 Rises as IBM Crashes 24%, Bank Stocks Rally, Bitcoin & Oil Surges 2%, Gold & Silver Prices Fall Amid …
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