The S&P 500 across the board, which had set a new record the previous day, rose 0.26 percent to 5,760.16 points on Friday. The technology-heavy Nasdaq 100 fell 0.15 percent to 20,086.22 points. In the US, consumer spending rose less than analysts expected in August compared to the previous month. US consumer sentiment – measured … Read more
NEW YORK (dpa-AFX) – The US stock markets rose on Friday thanks to the mostly positive quarterly reports from US companies. However, there were also some clear downward outliers in the individual values. Buying sentiment dampened concerns about inflation and the potential impact on regional banks following the collapse of Silicon Valley Bank. Officials at … Read more
Patrick Paul Gelsinger, an American business manager and engineer, is currently the CEO of Intel Corporation, one of the largest multinational technology companies in the United States of America, which specializes in computer chips and processors. Gelsinger was born on March 5, 1961, and grew up on his family’s farm, in rural Robsonia, Pennsylvania, USA. … Read more
NEW YORK (dpa-AFX) – Earlier this week with the US interest rate decision, investors in the US stock market made profits. The Dow Jones Industrialist paid tribute to Monday’s October rally, dropping 0.39% to 32,732.95 points. With nearly 14% growth, it was an exceptionally strong month for the leading US index. The S&P 500 at … Read more
NEW YORK (dpa-AFX) – Just before the weekend, Wall Street investors were in a good mood. After an already strong trading week, equity markets took a step further on Friday. The leading Dow Jones Industrial Index rose 2.42 percent to 32,807.56 points, bringing it to a weekly increase of 5.5 percent. The S&P 500 at … Read more
NEW YORK (dpa-AFX) – After the most recent setback, investors in the US stock market can hope for prices to rise again in the middle of the week. However, there is no place for too much optimism in front of a series of domestic economic data and company figures that have been taken very differently. … Read more
NEW YORK (dpa-AFX) – Surprisingly solid quarterly reports and outlook from the two heavyweights Apple and Amazon have brought some relief to US stock markets ahead of the weekend. The Dow Jones Industrial rose 0.73 percent to 32,767.10 on Friday, the highest level since early June. On a weekly basis, the Dow gained 2.7 percent. … Read more
NEW YORK (dpa-AFX) – Strong price gains for the two heavyweights Apple and Amazon buoyed the tech-heavy Nasdaq stock market on Friday. The Nasdaq 100 index rose 0.34 percent to 12,760.71 points in early trading, marking a weekly gain of almost three percent. Both groups have convinced investors and analysts with their quarterly reports. Intel … Read more
NEW YORK (dpa-AFX) – Two days before the US Federal Reserve’s next rate hike, the US stock market should start trading in a friendly manner. The bear market rally currently seen by some experts, i.e. rising prices in the midst of an overall downward market environment, should therefore continue on Monday for the time being, … Read more
NEW YORK (dpa-AFX) – The US stock markets extended their initial minus in trading on Friday. Disappointing quarterly reports from some technology groups dampened the recently brightened mood among investors. The volatility on the stock exchanges remains high, said market expert Jim Reid from Deutsche Bank and referred, among other things, to the recently strengthened … Read more