Fears of Restrictive Monetary Policy Weigh on Wall Street

Persistent fears about a longer period of restrictive monetary policy in the USA kept Wall Street courses in check on Thursday. The major stock market indices mostly stagnated, while yields increased on the bond market. The Dow Jones Industrial was slightly down 0.13 percent at 33,909 points, continuing the consolidation of the past three trading … Read more

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

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

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 Stocks to See a Slight Dip on Tuesday Amid Debt Dispute and Economic Data Releases

NEW YORK (dpa-AFX) – After the friendly closing trend at the start of the week, the US stock markets should go down a bit on Tuesday. The dominant topic should again be the further development of the debt dispute. In addition, some important economic data are on the agenda, which could provide fresh impetus for … Read more

US Market Roundup: Dow Jones Down in Third Consecutive Session, Nasdaq Composite Achieves Highest Close in 8 Months

US Market Roundup: Dow Jones Down in Third Consecutive Session, Nasdaq Composite Achieves Highest Close in 8 Months

The Dow Jones is down for the third consecutive sessionThe Nasdaq Composite achieved its highest close in more than 8 months The major US indices closed mixed on Wednesday’s session after inflation data for April came in better than expected. The Consumer Price Index rose 4.9% in April, compared to expectations of 5%, renewing hopes … Read more

Market Review: Technology Stocks Lead New York Stock Exchange Higher Amid Declining Bond Rates

Market Review: Technology Stocks Lead New York Stock Exchange Higher Amid Declining Bond Rates

(Photo: Getty Images) MARKET REVIEW. The New York Stock Exchange ended higher on Thursday, spurred by the continued decline in bond rates, which carried the giant capitalizations of the technology sector, capable, on their own, of leading the market. The S&P/TSX Composite Index closed slightly higher. To (re)consult market news Stock market indices at closing … Read more

“New York Stocks Make Recovery as Calming Effect of Bank Emergency Takeover Sets In at Close on March 20, 2023”

NEW YORK (dpa-AFX) – The emergency takeover of the major Swiss bank Credit Suisse (CS) by its competitor UBS also triggered relief among investors on the US stock exchanges on Monday. Wall Street and Nasdaq stock exchanges largely recouped Friday’s losses. An agreement between six leading central banks, including the US Federal Reserve and the … Read more

Wall Street rebounds after previous day’s scare in stock market

Wall Street rebounds after previous day’s scare in stock market

(Photo: Getty Images) MARKET REVIEW. The New York Stock Exchange ended sharply higher on Tuesday, thanks to a hunt for bargains in a market less anxious than the day before, seduced by the prospect of a possible early end to monetary tightening by the American central bank (Fed). The Toronto Stock Exchange closed the session … Read more

Wall Street rebounds after previous day’s fright in stock market

Wall Street rebounds after previous day’s scare in stock market

(Photo: Getty Images) MARKET REVIEW. The New York Stock Exchange ended sharply higher on Tuesday, thanks to a hunt for bargains in a market less anxious than the day before, seduced by the prospect of a possible early end to monetary tightening by the American central bank (Fed). The Toronto Stock Exchange closed the session … Read more