U.S. stocks ended lower on Thursday, with tech stocks leading the decline as investors digested a batch of earnings from big tech companies and weighed Federal Reserve Chairman Jerome Powell’s hawkish comments from the previous day. All three major indexes ended in negative territory. The Dow Jones Industrial Average (DJI) declined 0.2% or 109.88 points…
Wall Street closed higher on Wednesday, driven by healthcare stocks. Investors shrugged off weaker-than-expected private payrolls data and concerns surrounding the first day of the U.S. federal government shutdown. All three benchmark indexes finished in the green. The Dow Jones Industrial Average (DJI) climbed 0.1%, or 43.21 points, to close at 46,441.1. Fifteen components of…
U.S. stocks ended mixed on Wednesday in a choppy trading session, with the Dow ending higher after the Federal Reserve cut interest rates by a quarter percentage point as expected. However, Federal Reserve Chairman Jerome Powell suggested that the rate cut doesn’t mean the beginning of a long monetary policy easing cycle. The Nasdaq finished…
Wall Street closed higher on Monday as investors cheered President Donald Trump’s comments that the U.S.-China trade talks were on a positive track, while they remained focused on the Federal Reserve’s key policy meeting this week. All three major indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.1%, or 49.23 points,…
U.S. stock markets closed mixed on Wednesday after a choppy session. A favorable court ruling of an Internet giant lifted the entire tech sector. However, tariff-related concerns continue to hurt investor’s sentiment. A weak labor market data further aggravated the situation. The Nasdaq Composite and the S&P 500 ended in positive territory while the Dow…
U.S. stock markets closed lower on Tuesday to start trading in September. Market participants were concerned about the legal validity of the tariffs imposed by the Trump administration. Rising yields on U.S. sovereign bonds also dented Investors’ sentiment. All three major stock indexes ended in negative territory. The Dow Jones Industrial Average (DJI) fell 0.6%…
U.S. stocks ended higher on Tuesday as investors looked past President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook and waited for AI chipmaker NVIDIA to announce its quarterly results on Wednesday. All three major indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.3% or 135.60 points, to close…
U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after a slew of companies cited higher duties in their earnings reports, and weaker-than-expected economic data dented their sentiment. All three major indexes ended in negative territory. The Dow Jones Industrial Average (DJI) declined 0.1% or 61.90 points to close at 44,111.74…