Market Focus In two economic data releases on Thursday, the PPI rose 0.2%, well below expectations and down from a 1.0% gain in November. In the labor market, weekly jobless claims unexpectedly rose by 23,000, with economists citing the effect …
Market Focus The consumer price index rose 0.5% in December, slightly above expectations, taking the year-over-year consumer price index increase to 7% through December, in line with expectations and the fastest pace of growth since 1982. A drop in longer-dated …
Market Focus The broad U.S. equity market rebounded last night as Federal Reserve chairman Jerome Powell smoothed tightening fears across markets. The Dow Jones Industrial Average gained 0.51% to close at 36252.02, the S&P 500 gained 0.92% to close at …
Market Focus The broad U.S. equity market continued to suffer for the second week of 2022. The Dow Jones Industrial Average lost 0.45% to close at 36068.87, the S&P 500 lost 0.14% to close at 4670.29, while the Nasdaq gained …
Market Focus The S&P 500 index closed almost unchanged on Thursday as technology stocks fell, but financial and energy stocks provided support a day after the market sold off due to the hawkish tendencies in the Fed’s meeting minutes. On the …
Market Focus The U.S. stocks market faced gloom on Wednesday. The Nasdaq Index plummeted by more than 3%, marking the biggest one-day percentage drop since February. Earlier minutes of the Federal Reserve meeting suggested that the central bank may raise …
Market Focus The broad U.S. equity market kicked off 2022 with modest gains. The Dow Jones Industrial Average closed 0.68% higher to close at 36585.06, the S&P 500 gained 0.64% to c;pse at 4796.56, and the Nasdaq composite advanced 1.2% …
Market Focus The broad U.S. equity markets closed lower on the last trading day of 2021. The Dow Jones Industrial Average dropped 0.16%, the S&P 500 lost 0..26%, while the Nasdaq lost 0.61%; despite losing ground on the last trading …
Market Focus US stock advanced on Thursday amid risk-on market sentiment, closing at all-time high and rose for a third day as investors considered that the economic recovery can resist the impact of the Omicron coronavirus variant. On Thursday, Merck …
Market Focus US stock advanced on Wednesday amid risk-on market sentiment, continuing to climb for a second day as investors considered that the pandemic of the Omicron coronavirus variant won’t derail the economic recovery. The FDA announced that it had …
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