Wall Street Week Ahead: The US consumer sentiment will come into the spotlight this week, with investors eyeing corporate earnings reports, retail sales data, and jobless claims reports to confirm further the economic resilience that has boosted equity markets this month. As earnings season kicks off, the benchmark S&P 500 is set to post its … Read more
The main stock indexes turned higher in a choppy trading session on Wednesday as investors awaited the minutes of the Federal Reserve’s latest meeting, while Alphabet shares lost ground after the U.S. said it was considering breaking up Google. Shares of Alphabet fell 1.8%, limiting broader gains, after the U.S. Department of Justice said it … Read more
Wall Street today: The tech-heavy Nasdaq led Wall Street’s main indexes higher on Thursday, August 29, after official data showed that the US economy rose three per cent in the second quarter, while artificial intelligence chip major Nvidia slipped as its largely in-line forecast failed to meet investors’ lofty expectations. A Commerce Department report showed … Read more
The S&P 500 jumped 1.6% for its best day since February. The Dow Jones Industrial Average rose 99 points, or 0.2%, and the Nasdaq composite soared 2.6%. Major US indices spent almost the entire day in positive territory, hitting peaks during Fed Chair Jerome Powell’s press conference before edging down a bit. The tech-rich Nasdaq … Read more