Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures were relatively unchanged on Tuesday night as heightened inflation fears following the release of fresh economic data […]
My top 10 things to watch Tuesday, Jan. 7 1. Wall Street was looking at a muted open Tuesday after the S & P 500 and the Nasdaq closed higher for a second straight session. Tech stocks, particularly chip names, drove the buying. Nvidia rose nearly 3.5% on Monday to a record close. The Club […]
Indexes closed lower on Tuesday, led by a slide in tech stocks. The Nasdaq dropped almost 2%, while the Dow lost more than 150 points. Data showed strong growth in the services sector last month, while job openings stabilized in November. Stock indexes reversed gains from earlier in the day to close lower on Tuesday […]
All three main equity benchmarks opened in the green but closed in the red on Tuesday as hot incoming economic data has market participants paring their rate-cut bets ahead of the Federal Open Market Committee’s next policy meeting on January 28-29. The yield on the 10-year U.S. Treasury note rose to 4.691%, its highest level […]
Here’s a short piece from the friend of the blog David Taylor. Millions of mortgage borrowers will be eagerly awaiting the release of key inflation data out later today. The Bureau of Statistics’ Monthly inflation gauge will show if any further progress has been made in bringing underlying inflation back to where the Reserve Bank […]
NEW YORK (AP) — Good news on the U.S. economy isn’t always good for Wall Street, and the stock market is sinking Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 swung to a loss of 0.7% after giving up an earlier gain. The Dow Jones Industrial Average was down […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is co-founder and co-chair of Oaktree Capital Management and author of “Mastering the Market Cycle: Getting the Odds on Your Side” Many investors these days are on heightened alert for asset price bubbles, […]
Indexes rose Thursday, boosted by a rally in chip stocks. Nvidia rose 3% to a fresh high after CEO Jensen Huang unveiled a new set of AI products at the CES tech conference. Shares of Micron also rose on the fresh AI hype. Stock indexes gained Tuesday as chip darling Nvidia edged toward record highs […]
US stock market closure details Major US exchanges including the NYSE and Nasdaq 100 will fully close their equity and options markets on 9 January, observing a National Day of Mourning. The bond market will operate on a shortened schedule, closing early at 2:00 PM Eastern Time (ET) rather than its usual 4:00 PM ET […]
Stocks rose early Tuesday as the S&P 500 and Nasdaq Composite look to extend their winning streaks to three straight sessions. The Dow Jones Industrial Average and S&P 500 were up 0.4% in the opening minutes of the session, while the Nasdaq Composite added 0.3%. The S&P 500 and Nasdaq posted solid gains to start […]