The major Wall Street indices are trading in the red on Friday. Defensive sectors are trading in positive territory after the opening bell. The S&P 500 Consumer Discretionary Index is down nearly 3%. The main US stock indices they opened lower on the last trading day of the week. The S&P 500 Index, which hit […]
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The S&P 500 Index opens higher despite dismal US data.
The major Wall Street indices are trading in positive territory on Thursday. The US economy grew at a softer pace than expected in the second quarter. Energy stocks post strong gains after the opening bell. The main US stock indices opened higher on Thursday as investors ignored the release of uninspiring US data At time […]
Forex Today – Asian Session: Dollar Declines As Fed Is In No Hurry To Cut
What you need to know on Thursday, July 29: The dollar fell after the US Federal Reserve announced its decision on monetary policy. As widely anticipated, rates and financial support programs were left unchanged. However, the statement was more optimistic than anticipated as it showed that “the economy has made progress towards these goals and […]
S&P 500 opens sideways near 4,400 as focus shifts to FOMC meeting
The major Wall Street indices are trading mixed on Wednesday. The S&P 500 Communications Services Index is up more than 1% after the opening bell. Investors expect the FOMC to release its Monetary Policy Statement. The major stock indices in the US They opened in a mixed tone on Wednesday as investors refrain from taking […]
Forex Today – Asian Session: Dollar Weaken As Fed Looms
What you need to know on Wednesday, July 28: The dollar fell, despite a general depressing mood. Global stocks fell, while demand for government bonds increased, pushing yields down. Market players were cautious ahead of the US Federal Reserve’s decision on monetary policy. The central bank is likely to keep their monetary policy on hold, […]
S&P 500 Index opens lower after five-day rally
The major Wall Street indices are trading in negative territory. All major sectors fell after the opening bell on Tuesday. The main US stock indices They opened in negative territory after posting gains on Monday. The S&P 500 Index, which hit a new all-time high of 4,422 on Monday, is shedding 0.5% at 4,399, the […]
S&P 500 Index opens modestly lower, remains above 4,400
The major Wall Street indices opened near Friday’s closing levels. Tech goes down after the opening bell. The S&P energy index rose more than 2% on Monday. The main US stock indices They opened modestly lower on Monday as investors appear to choose to stay on the sidelines ahead of major macroeconomic events this week. […]
Forex Today – Asian Session: ECB Disappointing, US Data Too
What you need to know on Friday, July 23: The dollar closed mostly lower in the currency market on Thursday, although higher against the euro. The ECB was the main event of the day. As widely anticipated, the central bank decided to leave the interest rates on the main refinancing operations, the marginal credit facility […]
S&P 500 Index opens sideways after two-day rally
The major Wall Street indices are trading mixed on Thursday. Weekly US jobless claims rose sharply last week. Energy stocks turn south as the oil rally loses steam. The main stock indices They opened near Wednesday’s closing levels as the risk rally appears to have started to lose steam. At time of writing, the S&P […]
S&P 500 Index opens modestly higher after Tuesday’s rally
The major Wall Street indices continue to rise on Wednesday. Energy stocks post strong gains on recovery in crude oil prices. The Health Index drops after the opening bell. After posting impressive gains and erasing most of Monday’s losses on Tuesday, the main US stock indices they opened modestly higher on Wednesday. At time of […]