WASHINGTON – President-elect Donald Trump has landed another prestigious – albeit short-term – gig. The former and future president will ring the opening bell at the New York Stock Exchange on Thursday to mark the start of the day’s trading, according to a source familiar with his plans. It will be Trump’s first time ringing…
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1% drop in UnitedHealth Group UNH.N shares weighed on the index. The S&P 500 consumer discretionary index .SPLRCD…
United States stock markets will be closing early on Friday, Nov. 29 after being closed altogether on Thursday, Nov. 28, in observance of the Thanksgiving holiday. The Nasdaq and New York Stock Exchange are both closed on Thanksgiving and will re-open on Nov. 29, but shut down early at 1 p.m. ET. The U.S. bond market will also be…
Wall Street’s main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair Jerome Powell’s comments later in the day for clues on the outlook for interest rates. The producer price index (PPI) for final demand rose 0.2% on a monthly basis in October, in line…
Nov 13 (Reuters) – Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.2% in October for the fourth straight month, the Labor Department’s Bureau of Labor Statistics said, and advanced 2.6% on an…