Revenue for Twitter was “disappointing” in the second quarter of the year, according to figures released today. It’s another blow to the company, which is already fighting a high-profile legal battle with Elon Musk. Revenue fell 1% in the quarter from a year earlier, posting the first annual decline since the middle of the pandemic […]
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Wall: Dow snaps weekly losses with 650-point mini-rally
Strong reaction on Wall Street today, boosted by better-than-expected consumer spending data amid wild inflation at 9.1%. The Dow and S&P 500 ended a five-day losing streak, with the industrial index up 658 points. Wall posted its best daily performance in three weeks on Friday. However, on a weekly basis the US market only managed […]
Wall gains fueled by retail data – Dow up 400 points
All three Wall Street indexes were higher at the end of the week, snapping a five-session losing streak, fueled by retail sales data that showed consumer spending rose more than expected in June amid wild inflation to 9.1 %. The Wall is now trying to break the pressure it has been in for the past […]
Wall gains fueled by retail sales – Dow surges 650 points
LAST UPDATE: 18.20 All three Wall Street indexes are higher at the end of the week, snapping a five-day losing streak, fueled by better-than-expected consumer spending data today amid a wild 9.1% inflation rate. At the same time, investors are weighing a new round of mixed corporate results, mainly in the banking sector. The Wall […]
Wall: Withstood the pressures with mixed signs
Wall Street withstood the pressure on Thursday, with the three indexes returning to recover from intraday lows of -2% and limiting losses (Dow and S&P 500) or making marginal gains (Nasdaq). The U.S. stock market remains under pressure as inflation climbing to a beastly 9.1% bolsters the case for a 1 percentage point Fed rate […]
Wall: With ‘defense’, the Nasdaq maintained its gains for the week, at +4.6%
Wall Street’s main indexes closed on mixed signs and stabilizing trends on Friday, in a session dominated by volatility and sign switching, with investors getting off to a heady start after today’s strong U.S. jobs data and while in the foreground are concerns about an impending economic recession. Gradually, however, the US market digested the […]
Wall: Back in the red after employment data
The Wall returned to negative territory on Friday, with the major indexes giving back some of this week’s gains after today’s strong US jobs data and as investors continue to assess ‘signs’ of an impending recession . Particularly, the US economy continued to add new jobs in Juneat a pace that exceeded analysts’ estimates, keeping […]
Wall on positive ground after initial ‘numbness’
LAST UPDATE: 18.00 Wall Street’s main indexes are now showing positive signs, after the initial numbness brought to the session by strong US employment data and as investors continue to assess “signs” of an impending recession. The US market is fighting for a positive sign on Friday, which will extend the S&P 500’s positive streak […]
Strong rise on Wall led by Nasdaq – Dow up 350 points
Wall Street’s main indexes ended another session with gains, while investors continue to assess signs of an impending recession. Despite the intense uncertainty of the economic environment and multiple pressures from the data being announced, the major index of the American market S&P today completed its fourth consecutive upward session, the Dow strengthened by 350 […]
Wall: Third week in a row sell-off despite the technological rebound
The main indicators of the Wall ended the trading session on Friday with mixed signs, in a week of strong sell-off where the American market recorded heavy losses due to the fear that high inflation and the most aggressive monetary policy could derail the economy. On Friday, Wall released a (mostly technological) backlash from another […]