Technology stocks fell in US stock prices while Treasury yields increased as the market absorbed growth opportunities andinflation This will result from China lifting its isolation measures related to the fight against the virus Covid. The ‘Standard & Poor’s 500’ index fell amid weak trading conditions, which saw trading volume drop nearly 20% from its … Read more
CPI announced on 13th local time… 13-14 FOMC Still wary of prolonged austerity 12 local time New York Stock Exchange (NYSE) | UPI Yonhap News The New York stock market moved higher ahead of the release of the US consumer price index (CPI) and the regular meeting of the Federal Open Market Committee (FOMC). On … Read more
Unrest in China US-listed Chinese stocks rebounded after a heavy sell-off, while Apple shares fell after a Bloomberg News report said unrest in China could lead to nearly 6 million iPhone Pro production cuts this year . China’s woes complicate expectations of its path to reopening the economy, with authorities mobilizing substantial numbers of police … Read more
Many Fed officials have voiced support for the need to control the pace of interest rate hikes, as indicated by the minutes of the central bank’s Nov. 1-2 meeting. Only a few of these officials stressed the need to raise the key interest rate further. Since the last Fed meeting, investors have seen a slew … Read more
contributed strength retail sales In the United States and the statements of at least two officials Federal reserve I reconsidered my bet that the central bank would soon halt its monetary tightening as US stock prices fall. The Standard & Poor’s 500 and the Nasdaq 100 fell after an official report revealed retail sales posted … Read more
The Dow Jones Industrial Average closed higher on Friday (Nov 4) in response to the release of the US Nonfarm Payrolls report, comments from Federal Reserve officials on the outlook for interest rates. including news about the opening of the Chinese country The Dow Jones Industrial Average closed at 32,403.22, up 401.97 or + 1.26%, … Read more
On Thursday (Nov 3) the Dow Jones Industrial Average closed lower for the fourth consecutive day as investors feared that data indicating the strength of the labor market would push the Federal Reserve to adjust, raising interest rates more than expected. . The Dow Jones Industrial Average closed at 32,001.25, down 146.51 or -0.46%, the … Read more
The Dow Jones Industrial Average closed more than 500 points on Wednesday (Nov 2) after Federal Reserve Chairman Jerome Powell signaled that the Fed would move more aggressively. Because inflation is still at a very high level. The Dow Jones Industrial Average closed at 32,147.76, down 505.44 or -1.55%, the S & P500 closed at … Read more
The Dow Jones Industrial Average closed lower on Tuesday (Nov 1) after the US said job openings rose in September. This indicates that the US job market remains strong. And it could prompt the US Federal Reserve (Fed) to continue accelerating interest rate hikes. The Dow Jones Industrial Average closed at 32,653.20 points, down 79.75 … Read more
The Dow Jones Industrial Average closed more than 800 points higher on Friday (Oct. 28) following the release of Personal Consumer Spending (PCE) data, which indicates that US inflation has surpassed its peak. And it will ease the pressure to accelerate the Federal Reserve (Fed) interest rate hike, which is meeting next week on monetary … Read more