U.S. stock index futures were subdued on Wednesday as investors awaited crucial jobs data delayed by a partial government shutdown while keeping a close eye on corporate earnings. The employment report is expected to show an increase in U.S. job growth despite a sluggish labor market, due to tariff uncertainty and worker restrictions amid […]
U.S. retail sales showed no growth in December, missing analyst expectations amid heightened scrutiny of the appetite of the U.S. consumer – a key driver of the world’s largest economy, according to delayed government data released on Tuesday.Total sales remained stable monthly at $735 billion, Commerce Department data showed. This was less than the growth […]
Americans were less concerned in January about the path of inflation and near-term hiring, a report from the Federal Reserve Bank of New York said Monday. As part of its latest Survey of Consumer Expectations, the bank said one-year inflation expectations stood at 3.1% in January, up from 3.4% in December, while three- and five-year […]
A major rally for global stock markets that started in Asia on Monday disappeared as trading arrived on Wall Street.The S&P 500 fell 0.2% in the first few minutes of trading. The Dow Jones Industrial Average was down 62 points, or 0.1%, at 9:35 a.m. Eastern Time, and the Nasdaq composite was 0.4% lower. The […]
The S&P 500 struggled to provide direction while the Dow edged higher Wednesday as strong results from Eli Lilly and Super Micro Computer provided some support to the market struggling with a sell-off in software and cloud.The software and services index, home to several leading cloud and software companies, fell for the sixth consecutive year, […]
The US stock market remained relatively stable on Tuesday, as gold and silver recovered from their latest sell-off.The S&P 500 rose 0.1% and flirted with its all-time high last week. The Dow Jones Industrial Average rose 207 points, or 0.4%, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 0.1% lower. Palantir Technologies […]
The S&P 500 and Nasdaq swung between gains and losses on Monday as markets absorbed a sharp sell-off in precious metals at the start of a week of corporate earnings and major economic data.Gold fell as much as 6% and silver tumbled 10% before recouping some losses after commodity exchange CME Group raised margin requirements […]
U.S. stocks fell on Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to lead the U.S. central bank, a decision many investors see as an aggressive choice.Investors expect Warsh to support lower interest rates, but falls far short of more aggressive monetary policy easing associated with some of the other potential nominees. […]
U.S. stock prices fell on Friday, putting Wall Street’s major indexes on track for a second straight weekly decline as Intel tumbled on a bleak outlook and ongoing geopolitical tensions sapped risk appetite.Stocks have recovered over the past two sessions after Tuesday’s sharp sell-off, triggered by US President Donald Trump’s threats to impose tariffs on […]
Stocks rose on Thursday after President Donald Trump backtracked on threats to hit key European countries with tariffs over their opposition to a US takeover of Greenland.Gains were also fueled by a rise in technology stocks, as artificial intelligence trading was back in the spotlight after the head of top AI chipmaker Nvidia said the […]