U.S. stock futures saw an uptick Tuesday night following President Donald Trump‘s statement that he has “no intention” of dismissing Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&P 500 rose 2.5% to 5,287.76 and the tech-heavy Nasdaq ended Tuesday higher by 2.7% to 16,300.42….
The U.S. stock market posted another week of strong performance, with major large-cap indices such as the S&P 500, the Dow Jones and the Nasdaq 100 extending their record highs. Technology and consumer discretionary sectors led the gains, driven by several mega-cap tech giants – Apple Inc. AAPL, Amazon.com Inc. AMZN and Meta Platforms Inc….
U.S. stocks could open on a negative note on Tuesday after the averages maintained a cautious stance last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. Economic data and Federal Reserve chair Jerome Powell’s comments about the future of rate cuts dampened the…
The US stock market experienced a downward trend on Thursday, with both the Nasdaq Composite and the S&P 500 indices falling by nearly 0.6% respectively. The Dow also traded down by 0.5% to 43,750.86. This came amidst news of a 0.2% rise in U.S. producer prices for October. Federal Reserve Chair Jerome Powell highlighted the…
Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET. Inflation data from the past two days provided mixed signals: consumer prices met expectations, while producer prices slightly exceeded…