US Edition
Wall Street Edges Back From Record High as a Busy Week Picks up Momentum
NEW YORK, UNITED STATES, JUL 29 – Nasdaq outperforms amid mixed corporate earnings and Federal Reserve meeting, with SoFi Technologies up 12.4% and bond yields easing, reflecting cautious investor sentiment.
- On Tuesday, U.S. stocks opened higher, with Treasury yields easing as the Federal Reserve begins its two-day meeting.
- U.S. employers reported fewer job openings at the end of June, as China and the U.S. agreed to continue tariff pauses after a Stockholm meeting, despite lobbying from President Donald Trump.
- During the session, U.S. stocks opened higher, led by gains in big tech as Fed policymakers began a two-day meeting on Tuesday.
- Following its six-day rally, the S&P 500 slipped 0.1%, while the Dow fell 0.3% and the Nasdaq declined 0.1% from its record.
- Investors will watch this pivotal week as the U.S. stock market's ability to sustain gains remains uncertain, with consumer confidence below last year's levels, according to The Conference Board's Stephanie Guichard.
30 Articles
30 Articles
Sydney Morning Herald
ASX nears all-time high as inflation figures open door for rate cut
The Australian sharemarket has extended gains after the Reserve Bank’s preferred measure of inflation fell to 2.7 per cent annually, adding to pressure on the RBA to provide rate relief within weeks.
Wall Street opened this Tuesday with green numbers, while the Nasdaq tops the profits, in a week of key corporate results, mainly those of the great techs known as ‘The Magnificent Seven’.On the New York Stock Exchange, the Nasdaq records an increase of 0.56 percent to 21,296 points; it is followed by the Dow Jones, which rises by 0.03 percent to 44,852 integers; and the S&P 500 that grows 0.24 percent to 6,405 units.“While we hope that stocks w…
The Columbian
Wall Street edges back from its records as a busy week picks up momentum
NEW YORK (AP) — Wall Street’s record-breaking, weeklong run ran out of momentum on Tuesday. Read more...
Wall Street edges back from record high as a busy week picks up momentum
U.S. stock indexes are edging back from their record levels on Tuesday as an incredibly busy week for Wall Street picks up momentum.The S&P 500 was down 0.3% in afternoon trading after setting an all-time high in six straight days. The Dow Jones Industrial Average was down 227 points, or 0.5%, as of 2:27 p.m. Eastern time, and the Nasdaq composite was down 0.3% from its own record.SoFi Technologies jumped 8.7%, but Merck dropped 2.2% and UPS san…
Investors take a cautious stance in the approach to key publications and key monetary decisions. The main U.S. stock markets have shown a negative trend at the end of the session. The Dow Jones Industrial Average has yielded close to 0.5%, while the Nasdaq Composite, more sensitive to technological values, has recorded a decline of [...] Read more New York's markets take the lead before a busy economic agenda appeared first on Le Singulier.
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