Market Focus Three major stock indexes weakened on Wednesday after U.S. bond yields soared and tech stocks retreated after Federal Reserve Chairman Jerome Powell signaled there was enough room to raise interest rates. The Fed said in a statement that …
Market Focus U.S. equity markets continue to be turbulent ahead of FOMC’s press conference scheduled on the 27th. The Dow Jones industrial average lost 0.19% to close at 34,297.73, the S&P 500 slid 1.22% to close at 4,356.45 and the …
Market Focus U.S. equity markets experienced a turbulent trading session, all three major equity indices dropped at the bell but all were able to amount an incredible comeback. The Dow Jones industrial average clawed back 0.29% to close at 34,364.5, …
Market Focus U.S. equity markets continue their losses on the last trading day of the week. The Dow Jones industrial average slid 1.3% to close at 34,265.37, the S&P 500 lost 1.89% to close at 4,397.94, and the Nasdaq lost …
Market Focus Wall Street’s major indexes continued their sharp losses on Thursday, especially evaporating late in the session as investors considered whether stocks were cheap after a sell-off at the start of the year and the Nasdaq slipped into correction …
Market Focus The broad U.S. equity markets continued to fall on Wednesday’s trading. The Dow Jones industrial average lost 0.96% to close at 35,028.65, the S&P 500 lost 0.97% to close at 4532.76, and the Nasdaq composite lost 1.15% to …
Market Focus Wall Street’s main indexes fell sharply on Tuesday as soaring U.S. Treasury yields hit tech stocks in the U.S. and Europe, while losses at Goldman Sachs led to losses in U.S. financial stocks. U.S. 10-year yields now rose …
Market Focus U.S. markets were closed on the 17th in observance of Dr. Martin Luther King day and markets will resume trading on the 18th. The benchmark U.S. 10 year treasury yield edged higher to 1.811% and the 30 year …
Market Focus The broad U.S. equity market close the week mixed. The Dow Jones Industrial Average retreated 0.56% to close at 35911.81, the S&P 500 gained 0.8% to close at 4662.85, and the Nasdaq composite gained 0.59% to close at …
Market Focus In two economic data releases on Thursday, the PPI rose 0.2%, well below expectations and down from a 1.0% gain in November. In the labor market, weekly jobless claims unexpectedly rose by 23,000, with economists citing the effect …
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