Wall St climbs on growth stocks boost ahead of inflation data
1 year, 11 months ago

Wall St climbs on growth stocks boost ahead of inflation data

Live Mint  

Wall Street's main indexes rose on Wednesday led by gains in rate-sensitive growth stocks as the focus shifts to a key inflation reading due later this week, which would provide more clues on the Federal Reserve's rate hike trajectory. Wall Street's main indexes rallied on Tuesday as Fed Chair Jerome Powell refrained from commenting on the outlook for interest rates ahead of the inflation data, but said the Fed's independence was essential for it to battle inflation. This week marks the start of the earnings season for S&P 500 companies, with Wall Street's biggest banks expected to report lower quarterly profits amid risks of a recession due to monetary policy tightening. Home goods retailer Bed Bath & Beyond Inc jumped 31.2%, after logging gains in the previous session despite bleak quarterly results as retail investors speculated it could be a potential acquisition target and as short-sellers closed out bets.

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Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
6 days, 14 hours ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 2 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 4 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
1 week, 6 days ago

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes

Live Mint  

US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. ET, the Dow Jones Industrial Average fell 9.26 points, or 0.02 per cent, to 44,238.61, the S&P 500 gained 46.31 points, or 0.77 per cent, to 6,081.22 and the Nasdaq Composite gained 291.54 points, or 1.48 …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
2 weeks ago

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

Nvidia drags Wall Street from its records as oil and gold rise
2 weeks, 2 days ago

Nvidia drags Wall Street from its records as oil and gold rise

LA Times  

A sign marks the intersection of Wall Street and South Street in New York’s Financial District. A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of …

Wall Street today: US stocks edge higher after strong jobs data
2 weeks, 4 days ago

Wall Street today: US stocks edge higher after strong jobs data

Live Mint  

Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. As of 10:05 am Eastern time, the S&P 500 added 0.3 per cent, the Dow Jones Industrial Average was or 0.1 per cent higher, and the Nasdaq Composite climbed 0.6 per cent. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, …

Wall Street rises following last week’s slide
1 month, 1 week ago

Wall Street rises following last week’s slide

LA Times  

The Standard & Poor’s 500 index rose 0.4% for its first gain in three sessions. Stocks of banks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs and lighter regulation did particularly well. That could tie the Federal Reserve’s hands, when the central bank is trying to …

Wall Street today: US stocks mixed after consumer inflation data
1 month, 1 week ago

Wall Street today: US stocks mixed after consumer inflation data

Live Mint  

Wall Street stocks were mixed on Wednesday after data showed consumer price inflation rose last month. As of 10:59 am Eastern time, the S&P 500 was virtually flat, the Dow Jones Industrial Average was up 0.3 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 9:35 am Eastern time, the S&P 500 was 0.1 per cent …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 1 week ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 1 week ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

Wall Street week ahead: Investors to closely watch inflation, retail sales data
1 month, 2 weeks ago

Wall Street week ahead: Investors to closely watch inflation, retail sales data

Live Mint  

In past few days, Wall Street witnessed stock indices climbing to records after Republican candidate and former president Donald Trump resoundingly won the US election against Vice President Kamala Harris. Among the economic data, investors will closely watch consumer inflation and retail sales numbers next week. On November 15, separate reports on Empire State manufacturing survey for November, US retail …

US stock market: Wall Street indices tumble ahead of Fed chair's Jackson Hole speech
4 months ago

US stock market: Wall Street indices tumble ahead of Fed chair's Jackson Hole speech

Firstpost  

All three major US stock indexes lost ground, with technology shares leading the decline. The Dow Jones Industrial Average dropped 0.43 per cent to 40,712, the S&P 500 slipped 0.89 per cent to 5,570, and the Nasdaq Composite fell 1.67 per cent to 17,619. Market mover Nvidia, the biggest drag on the S&P 500, erased early gains and ended the …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 1 week ago

How major US stock indexes fared Thursday, 8/15/2024

Associated Press  

Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected. The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%. On Thursday: The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22. The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06. The Russell 2000 …

Wall Street ticks higher after inflation data clears the way for cuts to rates
4 months, 1 week ago

Wall Street ticks higher after inflation data clears the way for cuts to rates

LA Times  

The Standard & Poor’s 500 index rose 0.4% on Wednesday to follow up on one of its best days of the year and climb within 3.7% of its all-time high set last month. The Standard & Poor’s 500 index rose 0.4% to follow up on one of its best days of the year and climb within 3.7% of its all-time …

Wall Street rallies to one of its best days of the year after inflation report
4 months, 1 week ago

Wall Street rallies to one of its best days of the year after inflation report

LA Times  

The Standard & Poor’s 500 jumped 1.7% after the government reported that inflation at the wholesale level slowed last month by more than economists expected. The Standard & Poor’s 500 jumped 1.7% for its third-best day of 2024 after the U.S. government reported inflation at the wholesale level slowed last month by more than economists expected. Treasury yields eased in …

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report
5 months, 1 week ago

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report

Associated Press  

HONG KONG — Asian stocks were mixed Friday with the yen moved between gains and losses after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. AP AUDIO: Stock market today: Most of Wall Street rises after key inflation report, but Big Tech slumps Markets continue moving higher. Wall …

Stock market today: Asian stocks rise after Wall Street barrels to records
6 months, 2 weeks ago

Stock market today: Asian stocks rise after Wall Street barrels to records

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian markets rose Thursday after …

Wall Street barely budges as S&P 500 remains just shy of its record
7 months, 1 week ago

Wall Street barely budges as S&P 500 remains just shy of its record

LA Times  

Stocks have broadly rallied this month after a rough April on revived hopes that inflation may ease enough to convince the Federal Reserve to cut its main interest rate later this year. GameStop soared 74.4% in a swing reminiscent of its maniacal moves from three years ago, when hordes of smaller-pocketed investors sent the stock’s price way above what many …

Stock market today: Wall Street slips further away from records amid inflation worries
9 months, 1 week ago

Stock market today: Wall Street slips further away from records amid inflation worries

Associated Press  

Wall Street closed out its second straight losing week Friday, giving back some of the gains that helped push the stock market to an all-time high earlier in the week. Inflation remains the big concern for Wall Street amid hopes for the Federal Reserve to start cutting interest rates. A report on consumer prices this week showed inflation remains stubborn, …

Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
1 year ago

Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy World shares were mixed on …

Wall Street leaps toward its best week of 2023 on hopes for a halt to rate hikes
1 year, 1 month ago

Wall Street leaps toward its best week of 2023 on hopes for a halt to rate hikes

LA Times  

Stocks around the world rallied after the Federal Reserve late Wednesday opted against raising its main interest rate for a second straight meeting. Wall Street roared higher again Thursday with hopes the Federal Reserve may finally be done with its market-crunching interest rate increases. It’s already jacked up rates furiously since early last year in hopes of slowing the economy …

Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference
1 year, 4 months ago

Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference

The Independent  

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Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference
1 year, 4 months ago

Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference

Associated Press  

BEIJING — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week’s Federal Reserve conference. Wall Street’s benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks rallied. Traders hope officials at the Fed’s summer Jackson Hole, Wyoming, conference say they are finished raising …

Global shares jump on Wall Street’s return to its highest level in over a year
1 year, 5 months ago

Global shares jump on Wall Street’s return to its highest level in over a year

The Hindu  

Global shares rose on July 13, boosted by Wall Street's return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month. Chinese exports tumbled 12.4% in June from a year earlier as demand weakened after the Central Bank raised interest rates to curb inflation even as …

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year
1 year, 5 months ago

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year

Associated Press  

TOKYO — Asian shares rose Thursday, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month. The U.S. government’s latest update on inflation showed that consumers paid prices for gasoline, food and other items that were 3% higher overall in June …

Asian stocks rise after Wall St slides on rate hike fears
1 year, 10 months ago

Asian stocks rise after Wall St slides on rate hike fears

Associated Press  

BEIJING — Asian stock markets rose Thursday following Wall Street’s biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation. Wall Street sank Wednesday after notes from the Federal Reserve’s latest board meeting showed members expect “ongoing increases” in its key lending rate to …

Nasdaq leads Wall St higher as interest rate worries ease
1 year, 11 months ago

Nasdaq leads Wall St higher as interest rate worries ease

Live Mint  

The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of a slower pace of interest rate hikes by the Federal Reserve. The benchmark S&P 500 and the Nasdaq closed the week higher on Friday after a moderation in wage increases …

Wall St jumps as December jobs report eases rate worries
1 year, 11 months ago

Wall St jumps as December jobs report eases rate worries

Live Mint  

Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in US jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory. The nonfarm payrolls rose by 223,000 jobs in December, data from the Labor Department showed, while a 0.3% rise in average earnings was smaller than expected and lower …

Wall Street choppy post inflation data, energy shares jump
2 years ago

Wall Street choppy post inflation data, energy shares jump

Live Mint  

Wall Street's main indexes swung between gains and losses in thin pre-holiday trade on Friday as investors assessed fresh inflation data, while energy shares jumped on higher oil prices. A Commerce Department report showed U.S. consumer spending barely rose in November, while inflation cooled further, but not enough to discourage the Federal Reserve from driving interest rates to higher levels …

Wall Street slides as economic data aggravates concern over Fed rate hike
2 years ago

Wall Street slides as economic data aggravates concern over Fed rate hike

Live Mint  

Wall Street's main indexes dropped on Thursday after fresh data underscored strength in the U.S. economy and aggravated concerns over the Federal Reserve's continued policy tightening. Wall Street's main indexes marked their biggest daily gain so far in December on Wednesday, with help from upbeat Nike Inc and FedEx Corp quarterly earnings, as well as improving consumer confidence and easing …

Wall St extends losses as recession worries mount, Apple drops
2 years ago

Wall St extends losses as recession worries mount, Apple drops

Live Mint  

U.S. stock indexes fell in choppy trading on Wednesday as investors assessed the warnings of a looming recession from major Wall Street bankers, while Apple shares fell on analyst projections of lower iPhone shipments. The benchmark S&P 500 fell for a fifth straight session and the Nasdaq for a fourth, dragged down by a 1.4% drop in Apple Inc shares …

Wall Street falls after strong service-sector data feeds hawkish Fed fears
2 years ago

Wall Street falls after strong service-sector data feeds hawkish Fed fears

Live Mint  

Wall Street's main indexes fell on Monday after better-than expected service-sector activity added to jitters that the U.S. Federal Reserve might continue on its aggressive policy tightening path despite fears of a recession next year. The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest …

Wall Street flat as energy stocks limit declines in growth shares
2 years ago

Wall Street flat as energy stocks limit declines in growth shares

Live Mint  

Wall Street's main indexes were little changed on Tuesday as growth stocks extended losses, while a rise in energy shares on the back of higher oil prices helped stave off declines. Five of the 11 major S&P 500 sector indexes were trading higher, with energy up 1.6% as crude prices jumped amid expectations that OPEC+ would agree to cut oil …

Growth stocks boost Wall Street ahead of Fed minutes
2 years, 1 month ago

Growth stocks boost Wall Street ahead of Fed minutes

Live Mint  

Wall Street's main indexes rose on Wednesday as growth stocks gained after a mixed bag of economic data led to a drop in Treasury yields, while investors awaited minutes from the Federal Reserve's last policy meeting. "For the most part, they're optimistic that the Fed members are probably going to show signs that the pace of rate hikes might decrease," …

Wall St falls on mixed economic data, Fed official’s hawkish view
2 years, 1 month ago

Wall St falls on mixed economic data, Fed official’s hawkish view

Live Mint  

US stock indexes fell on Thursday as mixed economic data and hawkish comments from a Federal Reserve official fueled concerns that the central bank may not ease its aggressive policy tightening. St. Louis Federal Reserve President James Bullard said rate hikes so far "have had only limited effects on observed inflation," and that the central bank needs to continue raising …

Wall Street rallies for best week since June on rate hopes
2 years, 1 month ago

Wall Street rallies for best week since June on rate hopes

Associated Press  

NEW YORK — Wall Street piled more gains Friday onto its mammoth rally from a day earlier to close out its best week since the summer. The main reason for this week’s euphoria in markets was a report on Thursday showing inflation in the United States slowed by more than expected last month. That raised hopes the worst of inflation …

Wall Street surges to biggest gains in two years, Dow up 1,200 points on cooling inflation
2 years, 1 month ago

Wall Street surges to biggest gains in two years, Dow up 1,200 points on cooling inflation

Firstpost  

Prices jumped for everything from metals to European stocks as investors took the data as a sign that the worst of high inflation may finally have passed, though analysts cautioned it’s still premature to declare that with certainty New York: Wall Street blasted off Thursday to soar to its best day in more than two years as exhilaration swept through …

Asian stocks follow Wall St down before US inflation update
2 years, 1 month ago

Asian stocks follow Wall St down before US inflation update

Associated Press  

BEIJING — Asian stock markets followed Wall Street lower on Thursday ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes after elections left control of Congress uncertain. Wall Street’s benchmark S&P 500 index lost 2.1% as investors watched vote-counting from Tuesday’s congressional elections to see whether Republicans take control, possibly leading …

Wall St falls as close race for Congress raises uncertainty
2 years, 1 month ago

Wall St falls as close race for Congress raises uncertainty

Live Mint  

US stock indexes fell on Wednesday as uncertainty around the outcome of a tightly contested midterm election weighed on the mood, with investor focus shifting to Thursday's inflation data for clues on the path of future interest rate hikes. the general rule of thumb as far as markets are concerned is gridlock is good - fewer policy changes and less …

Wall St drops as megacaps weigh amid Fed rate debate
2 years, 1 month ago

Wall St drops as megacaps weigh amid Fed rate debate

Live Mint  

Wall Street's main indexes fell on Monday, bogged down by a drop in shares of Apple and other megacaps, while investors braced for a hefty rate hike from the Federal Reserve this week and assessed the path of future interest rates. The U.S. Fed is set to meet on Tuesday and Wednesday, where policymakers are expected to deliver a fourth …

Asian stocks follow Wall St up on hopes of rate hikes easing
2 years, 1 month ago

Asian stocks follow Wall St up on hopes of rate hikes easing

Associated Press  

BEIJING — Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year. Wall Street’s benchmark S&P 500 index rose for a third day after bond prices rose, suggesting some investors expect the Fed to ease off rate …

Wall St gains as upbeat corporate forecasts boost sentiment
2 years, 2 months ago

Wall St gains as upbeat corporate forecasts boost sentiment

Live Mint  

Wall Street's main indexes jumped on Thursday as upbeat results and forecasts from IBM, AT&T and Dow Inc brought back cheer to the markets that were briefly taken aback by the political turmoil in the United Kingdom. This comes after upbeat results from banks, Netflix Inc, Procter & Gamble Co and Travelers Companies Inc prompted analysts to raise third-quarter profit …

Asian stocks gain after Wall St rebounds from inflation jolt
2 years, 2 months ago

Asian stocks gain after Wall St rebounds from inflation jolt

Associated Press  

BEIJING — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers. Wall Street’s benchmark S&P 500 index tumbled Thursday after the headline U.S. consumer price index for September rose 8.2% over a year earlier. The “sticker shock” of inflation was “shrugged off,” possibly because traders already expect another sharp interest rate hike …

Wall St falls on worries of lower third-quarter corporate profit; Amgen jumps
2 years, 2 months ago

Wall St falls on worries of lower third-quarter corporate profit; Amgen jumps

Live Mint  

US stocks fell on Tuesday in the run-up to third-quarter results from companies as profit expectations drop amid rising interest rates and stubborn inflation, while gains in drugmaker Amgen limited declines on the Dow. With recent data on labor market and inflation suggesting more big rate hikes by the U.S. Federal Reserve, Wall Street's main indexes have been on a …

Wall Street soars to 3-month high as inflation falls more than expected in July
2 years, 2 months ago

Wall Street soars to 3-month high as inflation falls more than expected in July

CBS News  

Stocks closed at three-month highs on Wall Street Wednesday as investors cheered a report showing inflation cooled more than expected in July. The S&P 500 jumped more than 2% Wednesday on expectations that slower inflation will mean the Federal Reserve won't hike interest rates as much as feared. Treasury yields pulled back sharply following the inflation data, as traders pared …

Stocks rise amid expectations of another big rate hike
2 years, 3 months ago

Stocks rise amid expectations of another big rate hike

CBS News  

Stocks rose on Wall Street after swaying between small gains and losses for much of the day as investors brace for another big interest rate increase this week from the Federal Reserve. Most economists forecast that the Fed will jack up its primary lending rate — which influences interest rates throughout the economy — another three-quarters of a point when …

Wall St ticks lower as rate worries persist
2 years, 3 months ago

Wall St ticks lower as rate worries persist

Live Mint  

Wall Street's main indexes edged lower on Thursday dragged down by technology and growth stocks as investors worried about the U.S. Federal Reserve's aggressive approach to tame inflation ahead of an interest rate decision next week. Data earlier on Thursday showed U.S. retail sales unexpectedly rose 0.3% in August, in a sign the economy could tolerate higher interest rates as …

Wall Street Tumbles to Biggest Loss in Two Years Following CPI Data
2 years, 3 months ago

Wall Street Tumbles to Biggest Loss in Two Years Following CPI Data

News 18  

A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months. All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the …

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