US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs. At 9:40 am…
US stocks tipped broadly higher on Friday as the S&P 500 eyed a fresh record to cap a busy week of tariff hikes, inflation updates, and retail sales data which fell short of estimates. The S&P 500 (^GSPC) crept up 0.1% while the Nasdaq Composite (^IXIC) edged 0.2% higher. Meanwhile, the Dow Jones Industrial Average…
(Bloomberg) — The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off. Most Read from Bloomberg That’s according to the trading desk at JPMorgan Chase & Co. Market Intelligence, who estimate the…
The most recent trading session ended with Nvidia (NVDA) standing at $132.80, reflecting a -0.58% shift from the previouse trading day’s closing. This change lagged the S&P 500’s daily gain of 0.03%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq lost 0.36%. Prior to today’s trading, shares of the maker of…
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on the hawkish side for Fed policy as the unemployment rate fell to 4% for the first time since May. Source link
The January jobs report showed that hiring remained cooled a bit last month, but the unemployment rate slipped to 4% for the first time since May. Average hourly earnings jumped. Cold weather, the Los Angeles fires and labor strikes may have influenced the data. S&P 500 futures were little changed, with Amazon falling after its…
The January jobs report showed that hiring remained cooled a bit last month, but the unemployment rate slipped to 4% for the first time since May. Average hourly earnings jumped. Cold weather, the Los Angeles fires and labor strikes may have influenced the data. S&P 500 futures were little changed, with Amazon falling after its…
STORY: Wall Street’s main indexes closed higher on Wednesday as investors brushed off disappointing earnings from Alphabet and weighed the prospect of future interest rate cuts from the Federal Reserve. The Dow gained about seven-tenths of a percent, the S&P 500 added about four-tenths and the Nasdaq ticked up roughly two-tenths of a percent. Google-parent…
Palantir Technologies Inc. (PLTR) closed the most recent trading day at $81.22, moving +1.83% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.25%. Shares of the company have appreciated by 5.46% over…
By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs. Mixed results from megacap…