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
NEW YORK (dpa-AFX) – US stock markets are expected to continue their upward trend from the day before Wednesday’s open. The upside momentum continues to partly reflect ongoing optimism about China’s reopening, which partly offsets concerns about the global economic outlook, trade sources said. In the case of technology stocks, the bargain hunt may continue … Read more
NEW YORK (dpa-AFX) – Wall Street extended its recent losses on Monday. At the start of the new week, fears about the economy persisted due to restrictive monetary policy signals. Interest-sensitive technology stocks have come under particular pressure. The main Dow Jones Industrial index it fell 0.49% to 32,757.54 points. S&P 500 at market level … Read more
NEW YORK (dpa-AFX) – Lingering disappointment over future monetary policy continued to weigh on US stock prices on Friday. Prospects for further gains towards the end of the year are dwindling after major central banks dashed hopes interest rate hikes would soon end, analyst Craig Erlam of broker Oanda commented. Weaker-than-expected purchasing managers’ indices for … Read more
NEW YORK (dpa-AFX) – The announcement of a surprisingly restrictive future US monetary policy also weighed on the New York stock exchanges on Thursday. The main Dow Jones Industrial index it finally lost 2.25% to 33,202.22 points, which intensified the downward momentum. In the course of trading, you just missed the 33,000 point mark, under … Read more
NEW YORK (dpa-AFX) – Further interest rate hikes expected by the US Federal Reserve weighed on US stock markets on Wednesday. The main Dow Jones Industrial index slipped into the red and recently lost 1.09% to 33,738.01 points. The other indices have also turned into the loss zone: for the S&P 500 at the market … Read more
NEW YORK (dpa-AFX) – Initial enthusiasm for more subdued US inflation data faded quickly the day before. On Wednesday, it now appears that the buyers will not return even before the Federal Reserve’s interest rate decision tonight. Der Dow Jones industrialist it is expected by the IG broker slightly in the red at 34,088 points. … Read more