Stock Market Update: Nasdaq up 0.5%, Dow Jones up 0.2%, Oracle Quarterly Figures, Macro News

Stock Market Update: Nasdaq up 0.5%, Dow Jones up 0.2%, Oracle Quarterly Figures, Macro News

A minute after trading took off on the New York stock exchange, the Nasdaq index has risen 0.5 percent and stands at 13,322.87 points, while the Dow Jones rises 0.2 percent to 33,958.56 points. The S&P 500 rose 0.3 percent to 4,310.10 points. The ten-year US government bond yield is at 3.73 per cent, while … Read more

US Stock Market Rises After Mixed Jobs Report and End of Debt Ceiling Crisis

US Stock Market Rises After Mixed Jobs Report and End of Debt Ceiling Crisis

agencies Saturday, 03 June 2023 11:00 PM technology stocks led, Wall Street To rise at a strong pace, with increasing bets that the US Federal Reserve will temporarily stop raising interest rates, after a mixed US jobs report.. US stocks ended last week’s sessions on the upside, after the May labor market report showed an … Read more

US Stocks Rise as Investors Gain Optimism After Better-Than-Expected Inflation Report

US Stocks Rise as Investors Gain Optimism After Better-Than-Expected Inflation Report

US stocks rose on Wednesday, as investors gained optimism after a better-than-expected inflation report. The Nasdaq closed up 1% as investors fled to technology stocks after a more-than-expected inflation report. The Standard & Poor’s Index added 0.45%, while the Dow Jones Industrial Average fell 0.09%. Consumer prices for the month of April rose 4.9% from … Read more

“US Stock Indexes Soar After April 2023 Occupancy Data Release: Apple and Financial Sectors Lead, Oil Stocks Recover”

“US Stock Indexes Soar After April 2023 Occupancy Data Release: Apple and Financial Sectors Lead, Oil Stocks Recover”

The main US stock indexes ended the last session of the week with excellent performances, after the release of the data on theoccupancy as of April 2023. The Dow Jones gained 1.65% to 33,674 points, while the S&P500 gained 1.85% to 4,136 points. The Nasdaq also rose (+2.25% to 12,235 points). Good day for Apple … Read more

Wall Street banks forced to cut jobs due to slump in IPOs, debt securities and mergers

Wall Street banks forced to cut jobs due to slump in IPOs, debt securities and mergers

pte20230504004 Company/economy, trade/services Slump in IPOs, debt securities and mergers forces Wall Street to cut jobs significantly Morgan Stanley: Institute has to cut many jobs (Photo: unsplash.com, Sven Piper) New York (pte004/04.05.2023/06:15) – The sharp drop in IPOs, debt securities and mergers is forcing major Wall Street banking institutions to make significant job cuts. After … Read more

“US Stock Market Update: Fed Raises Interest Rates, AMD Plummets, Intel Rises”

“US Stock Market Update: Fed Raises Interest Rates, AMD Plummets, Intel Rises”

The major US stock indexes registered fractional discountsafter the Fed decided to increase interest rates by 25 basis points, as expected by analysts. The Dow Jones fell 0.8% to 33,414 points, while the S&P500 lost 0.7% to 4,091 points. The Nasdaq was also in the red (-0.46% to 12,025 points). Very bad day for AMD … Read more

Wall Street Falls Sharply on Concerns over Bank Shares Amid Weakening Economy in USA

Wall Street Falls Sharply on Concerns over Bank Shares Amid Weakening Economy in USA

Big ones banks as Wells Fargo and Bank of America were losing more than 4%, but the steepest falls were from banks regional companies facing pressure to consolidate as earnings prospects deteriorate. Wall Street fell sharply on Tuesday with bank shares under pressure amid concerns about the sector’s prospects amid a weakening economy in USA. … Read more

“Stock Market Update: Dow Jones and S&P500 Drop Over 1%, UBER Reports Strong Q1 Earnings”

“Stock Market Update: Dow Jones and S&P500 Drop Over 1%, UBER Reports Strong Q1 Earnings”

Major US stock indexes register reductions of more than one percentage point. The Dow Jones is down 1.33% to 33,599 points, while the S&P500 is down 1.32% to 4,113 points. The Nasdaq was also in the red (-1.1% to 12,079 points). A decidedly positive day for UBER Technologies (+10.6% to $36.21), after the release of … Read more

New York Market Reports Mixed Trend with Dow Jones Industrials Advancing

New York Market Reports Mixed Trend with Dow Jones Industrials Advancing

The New York markets operated today with a mixed trend and its main index, the Dow Jones Industrials, advanced 0.06% to settle at 33,846.79 points. For their part, the selective S&P 500 and Nasdaq technology indices fell 0.02% and 0.14%, respectively, according to the Bloomberg news agency. With information from Telam 2023-04-28 14:12:10 #York #markets … Read more