LAST UPDATE 21:50 Wall Street indexes remained in the negative, although they pared losses as minutes from the Federal Reserve’s latest monetary policy meeting showed some central bank officials worried about the risk of US interest rate hikes proving too aggressive. Minutes of the July meeting (26-27) published today showed that officials reiterated last month […]
Tag: Wall Street
Dow Jones and S&P 500 at more than three-month high
The Dow Jones and S&P 500 closed at more than three-month highs on Tuesday, with the industrial index climbing above 34,000 points, boosted by a rally in retail giants Walmart and Home Depot. The strong corporate results of the second quarter have helped the market in recent weeks to go on the counterattack after the […]
Dow Jones regained 34,000 points boosted by Walmart rally
The Dow Jones Industrial Average regained 34,000 points, climbing above that level for the first time since May as encouraging economic figures from Walmart boosted investor sentiment today. Walmart’s strong results gave the indexes the necessary boost to continue their recent rally that took them to a three-month high. It is noted that the S&P […]
Mixed picture on Wall Street, rally for Walmart
Wall Street’s main indexes are mixed after a recent rally that took them to a three-month high and as investors continue to assess corporate results, with encouraging financials from Walmart providing a boost to investor sentiment today. The S&P is up more than 17% from its mid-June lows, although it remains about 10% below its […]
Wall Street closed with gains despite concerns about Chinese data
Wall Street’s stock indexes closed with gains at the start of the week, reversing early losses despite negative economic data from China that fueled concerns about a slowdown in global growth. Meanwhile, China’s central bank also unexpectedly cut interest rates, raising concerns about the country’s economic recovery. In this climate, Mr Dow Jones gained 0.45% […]
Nervousness at Wall in wake of Chinese data
LAST UPDATE: 16.58 Nervousness prevails on Wall Street stock indices at the start of the week, in the wake of negative economic data released by China. Meanwhile, China’s central bank also unexpectedly cut interest rates, raising concerns about the country’s economic recovery. In this climate, Mr Dow Jones retreats 0.06% to 33,740.47 units while at […]
Wall: Macroeconomic euphoria with gains around 3% per week
With a strong finish to Friday’s session, Wall Street sealed the mood of euphoria that has prevailed this week in the US market, with the Dow gaining 424 points and the Nasdaq and S&P 500 performing even better, completing the fourth consecutive 5-day gain. Investors responded positively US consumer confidence data that were announced today, […]
Moderate gains on Wall – Nasdaq and S&P 500 ‘See’ weekly gains
Wall Street’s main indexes ended the week higher, with investors awaiting consumer confidence data from the University of Michigan and the Nasdaq and S&P 500 headed for a fourth straight five-day gain. Today’s trading is in line with the euphoric mood that has prevailed this week in the US market, following the positive indication from […]
Profits on the Wall with ‘fuel’ for the macros – 250 points up the Dow, +1.4% the Nasdaq
LAST UPDATE: 19.30 Wall Street’s three main indices are moving upwards at the end of the week, with investors welcoming it positively data on consumer confidence, which strengthened in August in the US, while expectations for the path of inflation also improved. Nasdaq and S&P 500 headed for fourth consecutive five-day gain. In particular, the […]
Is the market plunge over? Not before the ‘quiet gorilla’ moves, warns BofA
Is the recent pushback in stocks a bear market rally or has the downtrend in the markets now reversed? The first is warned by Bank of America, which predicts a new big plunge, as unlike institutional investors, households have not sold shares yet. Unlike what had happened in the great stock market dives of the […]