Major sell-off intensified on Monday, turning US indices into bear market territory as recession fears grew ahead of the key FOMC meeting this week. The S&P 500 tumbled nearly 4% to 3749.83, the lowest level since 2021; the S&P 500 …
US equity markets lost ground on Friday following the inflation indicator, CPI, which rose 8.6% in May, the highest level since 1981. The Dow Jones Industrial Averages slid 2.73% while the S&P 500 shed 2.91%, to 3900.85. The Nasdaq Composite …
US stocks market fell sharply ahead of a key inflation report as investors worried about the overall US economy. The Dow Jones Industrial Average slid 1.94% while the S&P 500 fell 2.38%. And the Nasdaq Composite shed 2.75%, finishing with …
US equities edged lower on Wednesday amid the concern of inflationary pressure and the rising US Treasury yields. The Dow Jones Industrial Average dipped 0.81%, 270 points. The Nasdaq Composite shed 0.73% while the S&P 500 dropped 1.08% to end …
US equities edged higher despite the retail giant, Target issuing a warning about its current quarter’s profits, pressuring the broader retail sector. The Dow Jones Industrial Average was up 0.8%. The S&P 500 rose 0.95% while the Nasdaq Composite climbed …
US markets moved slightly higher on Monday as investors tried to rebound from a losing week. The Nasdaq Composite rose 0.40% while the S&P 500 was up 0.31%: the Dow Jones Industrial Average was once up as high as 300 …
US equities resumed on Friday amid the fears of an economic slowdown and soaring pace of inflation, despite the US economy adding 390,000 jobs in May, better than expected, by 328,000. The Nasdaq Composite slumped 2.67% while the Dow Jones …
U.S. equities markets rebounded on Thursday. The Dow Jones Industrial Average rose 1.33% to close at 33248.28. The S&P 500 gained 1.84% to close at 4176.82. The Nasdaq composite rallied 2.69% to close at 12316.9. Before markets opened, Microsoft warned …
U.S. stocks fell on the first day of June after JPMorgan Chase President Jamie Dimon warned sharply of the impact of Hurricane Sandy on the U.S. economy. The S&P 500 was down 0.7%, the Dow Jones was down 0.5% and …
U.S. equities markets resumed trading on the last day of May and closed slightly lower following last week’s positive mood shift. The Dow Jones Industrial Average dropped 0.67% to close at 32990.12. The S&P 500 lost 0.63% to close at …
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