US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – The US stock markets are likely to continue their series of losses of the past two trading days on Thursday. The fact that the rating agency Fitch has withdrawn the coveted top rating for creditworthiness from the USA is still having an effect, according to the trade. This step caused clear … Read more

US Stock Market Holds Steady as Fed’s Interest Rate Hike Hopes Boost Outlook for July Profits

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

NEW YORK IG sees the Nasdaq 100, which has been doing much better since the beginning of the year and has recently been weakening, up 0.3 percent at 15,468 points. The interest rate decision by the US Federal Reserve is on the agenda for Wednesday. It is widely expected to raise interest rates again. However, … Read more

Nasdaq 100 falls as Tesla and Netflix disappoint, J&J and IBM lead Dow

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

NEW YORK Things looked different on the technology-heavy Nasdaq stock exchange, where investors were disappointed by two particularly heavily weighted companies. The Nasdaq 100 selection index fell 1.46 percent to 15,595.64 points. The market-wide S&P 500 lost 0.50 percent to 4542.77 points. Johnson & Johnson (J&J), IBM and Travelers led the Dow. The pharmaceutical and … Read more

US Federal Reserve Expected to Pause Interest Rate Hikes, Tech Companies Could Benefit

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

NEW YORK Market participants are apparently optimistic that the US Federal Reserve will not raise interest rates further on Wednesday, commented analyst Edward Moya from broker Oanda. After ten increases in a row, bank economists are now also expecting a monetary policy pause due to the cooling economy and the trend towards falling inflation. Another … Read more

US Stock Market Slows Down, Tech Sector Remains Strong

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – The US stock market lost some of its strength in trading before the weekend. However, the technology sector once again held up well above average. The Nasdaq 100 Although it came back a little after another high since the beginning of April 2022, it still maintained a plus of 0.6 percent … Read more

US Stock Exchanges Post Losses Amid Debt Dispute and Nervousness over Possible Fed Rate Hike

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – The US stock exchanges posted losses on Wednesday. On the one hand, there is nervousness about the hoped-for compromise in the US debt dispute. On the other hand, after robust data from the US labor market, stock market traders were again worried about a possible further rate hike by the US … Read more

US Stock Exchanges Show Signs of Stabilization Amid Positive Economic Data and Political Confidence

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – After the strong gains on the US stock exchanges in the middle of the week, there are signs of stabilization on Thursday. Economic data released before the start of trading was better than expected. At the same time, there is still confidence that the political dispute over the debt ceiling in … Read more

Dow Jones and Nasdaq End Week on a Mixed Note Amidst Consumer Concerns and Bond Market Volatility

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – At the end of a sluggish week, the Dow Jones Industrial made up for the losses it had made over the course of Friday. Thanks to a final spurt, the leading index closed almost unchanged at minus 0.03 percent to 33,300.62 points. On a weekly basis, it lost 1.1 percent. The … Read more

US Markets Rise Thanks to Positive Quarterly Reports but Fed Calls for Banking Regulation Changes

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

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