The oil industry made huge gains in the US stock market along with an increase in oil prices. Russia would reduce production by 500,000 barrels per day. Investors are in a “wait and see” mindset. As the US stock market ended a dismal week with a mixed session, companies tied to the petroleum industry rose … Read more
US stocks fell sharply in the Wall Street market. The Dow Jones Industrial Average closed down 1.1% at 33,027.49, while the broader S&P 500 Index declined 1.5%. The technology-heavy Nasdaq Composite Index fell 2.2% to 10,476.12. Edward Moya of the OANDA trading platform referred to the decline as a “Grinch selloff”. US Stocks on Wall … Read more
The S&P 500 fell 2.1% to 3,640.47, marking its lowest closing price since November 2020. The Dow Jones Industrial Average declined 1.5% to 29,225.61, and the Nasdaq Composite Index dropped 2.8% to 10,737.51. Thursday’s economic figures revealed a decline in weekly US unemployment claims, indicating a robust labor market. As US stocks yield began their … Read more
Dow Jones Industrial Average is up 1.7% after 30 minutes of the holiday-shortened week. &P 500, which entered a bear market earlier last week, jumped 2.4 percent to 3,762.17. Nasdaq Composite Index gained 2.9 percent to 11,108.56. Wall Street stocks began positive, as investors shrugged off recession and pandemic fears in order to benefit from … Read more
Asian stock markets are unsettled ahead of the Federal Reserve’s decision on how aggressively it will hike interest rates to curb inflation in the United States. The Dow Jones Industrial Average dropped 0.5 percent to 30,364.83, while the Nasdaq Composite gained 0.2 percent to 10,828.35. BEIJING– Asian stock markets were neutral on Wednesday, ahead of … Read more
The Dow Jones Industrial Average fell one percent to 32,898.91. Dow and S&P 500 were both down roughly 1% this week. Nasdaq was down 1.25 percent. US shares dropped again Friday, ending another week in the red following a small positive respite last week, Despite the ever-present fears about inflation and a future recession. “We … Read more
Wall Street equities reversed the path Friday after an early bounce with losses steepening after midday because the tech-rich Nasdaq Composite Index fell 2.4 percent to 11,111.2. The Dow Jones Industrial Average lost 1.3 percent to 30,859.44, while the broad-based S&P 500 fell 1.8 percent to 3,832.31.
The Dow Jones Industrial Average rose 270 points Wednesday morning after falling to its lowest level in more than a year. Alphabet (GOOGL) and Microsoft (MSFT), as well as Dow Jones stocks Boeing (BA) and Visa (V), reported quarterly earnings. Alphabet, the parent company of Google, fell 4% early Wednesday after its March-quarter earnings and … Read more
Netflix shares plunged more than 35 percent early Wednesday following disappointing consequences, whilst the Dow pushed higher in a mixed open for US stocks. The streaming giant caught Wall Street off protecting for the second quarter in a row, reporting a drop in subscribers for the first time in a decade. The enterprise blamed the … Read more
The Dow climbed yet S&P 500 and Nasdaq fell in early US trading Thursday, as financial backers processed new economic information, hawkish Federal Reserve discourse, and the most recent Elon Musk dramatization. The Tesla boss made an unexpected proposal to purchase Twitter outright, days subsequent to taking an enormous stake in the web-based entertainment organization … Read more
Karachi: Asian stocks rose slightly but remained within their previous trading range as investors focused on U.S. inflation data and the prospect of an upside surprise prompting the Federal Reserve to begin reducing its massive stimulus program Early European transactions have seen the Euro Stoxx 50 futures rise 0.52 %, the German DAX futures rise … Read more
Stocks in Asian Markets advanced on Tuesday after the United States President Donald Trump was discharged from hospital and returned to White House. According to the details, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.71%, while the Hong Kong index climbed to 0.88%. Meanwhile, Japan’s Nikkei also added 0.41%. S&P 500 futures rose 0.08% after … Read more
Asian shares struggle to shake off bearish mood after United States technology stocks giant fell anew on Friday on Wall Street. According to the details, Japan’s benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea’s Kospi dropped 0.8% to 2,377.92, while Australia’s S&P/ASX 200 lost 0.8% to 5,860.50. … Read more
