Latest Updates Around The World
Stocks on Wall Street rose early Wednesday, continuing an upward move in a holiday-shortened week, as markets hope for another Federal Reserve rate cut next month.The Fed, which has cut rates at its past two meetings, will release its “beige book” later Wednesday detailing economic conditions in the United States. The last two interest rate […]
The S&P 500 and Nasdaq fell on Thursday as Nvidia shares tumbled on concerns about intensifying competition in AI chips, while investors digested mixed economic data slowed by the US government shutdown.Alphabet shares rose 2.7% after information reported that Facebook parent Meta Platforms was in talks to use Google’s AI chips in its data centers […]
Wall Street stocks rose in early trading Monday to open a shortened holiday week that includes several key U.S. economic data.Gains extended Friday’s rebound on increased optimism that the U.S. Federal Reserve could cut interest rates next month.The Dow Jones rose 119.52 points to 46,364.93 (0.26%), the S&P 500 rose 65.78 points to 6,668.77 (1.00%) […]
Stocks on Wall Street rebounded early on Friday after comments from a Federal Reserve official rekindled hopes of a third consecutive US rate cut in December.The Dow Jones Industrial Average rose 0.6 percent to 46,002.50, while the broader S&P 500 rose 0.4 percent to 6,565.51.The tech-heavy Nasdaq Composite Index rose 0.3 percent to 22,140.03 points.All […]
Wall Street rose Thursday after Nvidia reported stronger-than-expected quarterly earnings, dampening concerns that AI-related stocks could be overvalued.The Dow Jones Industrial Average rose 428.7 points, or 0.93%, to 46567.51 at the open. The S&P 500 rose 95.8 points, or 1.44%, to 6737.93 at the open, while the Nasdaq Composite rose 492.8 points, or 2.18%, to […]
Stocks on Wall Street rose early Wednesday as investors await an earnings report from AI chip powerhouse Nvidia and minutes from the U.S. central bank’s latest interest rate meeting.Shortly after trading began, the Dow Jones Industrial Average rose 0.1 percent to 46,129.44, while the broader S&P 500 rose 0.2 percent to 6,634.22. The tech-heavy Nasdaq […]
Stocks on Wall Street fell further on Tuesday as worries about the technology sector and worries about the strength of consumer spending weighed on the market and the possibility of a Fed rate cut in December faded.The Dow Jones fell 578.28 points (-1.24%) to 45,965.39, the S&P 500 fell 72.34 points (-1.08%) to 6,583.84 and […]
Wall Street stocks fell early on Monday as traders braced for major earnings reports from chip titan Nvidia and major US retailers.After the longest government shutdown in US history, which put several economic data reports on hold, markets are also waiting for backlog data to start flowing again – to gauge the health of the […]
Wall Street’s major indexes fell on Friday as technology stocks came under renewed selling pressure, while hawkish comments from Federal Reserve officials added to doubts about a December interest rate cut.At 9:36 a.m. ET, the Dow Jones Industrial Average fell 568.05 points, or 1.24%, to 46,889.17, the S&P 500 lost 73.29 points, or 1.09%, to […]
Wall Street’s major indexes rose on Wednesday, with the Dow Jones at a record high, as investors cheered the likely end of the longest US government shutdown and positive earnings prospects from Advanced Micro Devices revived optimism around AI.AMD advanced 8.2% after the chip designer said it expects annual data center chip revenues to reach […]
