US Jobs Report for July Sparks Optimism on Wall Street and Nasdaq; Analyst Suggests End of Rate Hike Cycle May Be Near

US Jobs Report for July Sparks Optimism on Wall Street and Nasdaq; Analyst Suggests End of Rate Hike Cycle May Be Near

NEW YORK (dpa-AFX) – The US jobs report for July caused optimism on Wall Street and the Nasdaq stock exchanges on Friday. Increasingly, the mixed data has been interpreted as suggesting the end of the rate hike cycle may be near. As LBBW analyst Dirk Chlench wrote, a weakening is slowly emerging on the labor … Read more

Investors Remain Concerned About Banking Crisis in Equities Market, New York

Investors Remain Concerned About Banking Crisis in Equities Market, New York

NEW YORK (dpa-AFX) – The recovery in the Dow Jones Industrial from Thursday, losses will follow at the end of the week. The pre-market price fluctuations had already shown how unsettled investors remain despite all the measures taken to contain the crisis in the US regional banks. In addition, there is the long expiry date … Read more

Börse Express – ROUNDUP/Aktien New York Conclusion: Dow makes it into the plus

Börse Express – ROUNDUP/Aktien New York Conclusion: Dow makes it into the plus

NEW YORK (dpa-AFX) – After a long lethargic trading session, the prices still gained momentum on Friday. The leading index Dow Jones Industrial made it to another high since mid-December in late trade. In particular, the shares of large banks increased according to quarterly reports from the industry. At the closing bell, the Dow gained … Read more

Börse Express – New York Equities Outlook: Moderate inflation in the US attracts many investors

Börse Express – New York Equities Outlook: Moderate inflation in the US attracts many investors

NEW YORK (dpa-AFX) – Softer than hoped for US inflation data was very well received by investors ahead of the market on Tuesday. The indication of the IG broker for the Dow Jones Industrial it rose to 34,943 points three quarters of an hour before trading began. The main US index is therefore expected to … Read more