Wall Street week ahead: Spotlight on May jobs data, manufacturing reports

Wall Street week ahead: Spotlight on May jobs data, manufacturing reports

On Wall Street in the week ahead, spotlight will be on the jobs data for May, among other economic reports. The jobs data holds significance as it will be the last economic report before the Federal Reserve’s upcoming monetary policy meet on June 11-12. Investors are hoping for a interest rate cut in the next … Read more

Stock market today: Falling tech stocks drag Wall Street lower again

The S&P 500 was down 0.4% in afternoon trading, even though the majority of stocks within the index were rising, and remains on track for its first losing week in the last six. The drop for tech stocks dragged the Nasdaq composite down a market-leading 1.1%, as of 2:33 p.m. Eastern time, while the Dow … Read more

Wall Street week ahead: Investors’ focus on Fed preferred inflation gauge – core PCE index

Wall Street week ahead: Investors’ focus on Fed preferred inflation gauge - core PCE index

In the holiday-shortened week ahead on Wall Street, focus of investors will be on the US Federal Reserve’s preferred inflation gauge – the core personal consumption expenditure (PCE) price index, and few major earnings that include Dell, Best Buy, and Costco. The core PCE data has the potential to influence the markets. The US stock … Read more

Wall Street today: US stocks muted ahead of Nvidia earnings, Fed minutes

Wall Street today: US stocks muted ahead of Nvidia earnings, Fed minutes

US stocks were muted on Wednesday ahead of chip giant Nvidia’s quarterly results and the US Federal Reserve’s policy meeting minutes. Nvidia, based in Santa Clara, California, will release its first quarter earnings after the market close on Wednesday. Nvidia’s stock is the third largest on Wall Street, following its more than 92% surge this … Read more

Wall Street today: US stocks mixed as investors await Fed minutes

Wall Street today: US stocks mixed as investors await Fed minutes

US stocks were mixed on Monday, as investors awaited quarterly results from Nvidia and the Federal Reserve’s policy meeting minutes due on Wednesday. At the opening bell, the Dow Jones Industrial Average fell 13.83 points, or 0.03%, to 39,989.76. The S&P 500 was higher by 2.08 points, or 0.04%, at 5,305.35, while the Nasdaq Composite … Read more

Wall Street week ahead: Spotlight on Fed minutes, Nvidia Q1 earnings

Wall Street week ahead: Spotlight on Fed minutes, Nvidia Q1 earnings

On Wall Street in the week ahead, the spotlight will be on the minutes of the Federal Reserve’s last monetary policy meeting and first quarter earnings from the chip giant Nvidia. Both the events are scheduled for Wednesday. In other economic developments, investors will closely watch for Fed chair Jerome Powell’s commencement remarks and home … Read more

Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Investors on Wall Street in the week ahead will look for two major economic data – consumer price inflation and US retail sales – apart from other reports and corporate earnings. Both, inflation and retail sales data have the potential to influence the Federal Reserve’s monetary policy. In earnings, retail giant Walmart and Home Depot … Read more

Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

Investors will also closely watch Fed Chairman Jerome Powell’s press conference for insights on the US central bank’s future monetary policy path.  The Fed is widely expected to hold interest rates steady. The week will also see other economic data such as auto sales and ISM manufacturing, and earnings reports from a wide range of … Read more

Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

On Wall Street in the week ahead, the focus of stock market investors will be on the first quarter (Q1) US GDP data, the Federal Reserve’s preferred inflation gauge – the PCE (personal consumption expenditures) index, and quarterly financial results from Microsoft, Alphabet, Meta Platforms and Tesla. Market participants will also keep an eye on … Read more

Wall Street today: Dow Jones, S&P 500, Nasdaq surge led by megacaps

Wall Street today: Dow Jones, S&P 500, Nasdaq surge led by megacaps

Wall Street: US stock indices surged on Wednesday bolstered by megacap stocks and positive corporate earnings. At 9:41 a.m. ET, the Dow Jones Industrial Average was up 146.74 points, or 0.39 per cent, at 37,945.71, the S&P 500 was up 20.02 points, or 0.40 per cent, at 5,071.43, and the Nasdaq Composite was up 71.46 … Read more