The US market continues its upward streak today, with strong results announced by Amazon and Apple boosting trading, offsetting another jump in inflation indices. In particular, the industrial index Dow Jones moving upward 0.4% at 32,660 unitsthe enlarged S&P 500 makes profits 1% and traded on 4,112 unitswhile the tech-weighted Nasdaq jumps 1.4% moving on […]
Tag: Wall Street
With the foot on the gas and today Wall defying the recession
For about two hours, investors’ concerns about the contraction of the US GDP seemed to last, as from then on the indices started to pick up the losses and with the buyers in the reins of the session until the end they continued where they had left off yesterday. In particular, the Dow Jones industrial […]
Morgan Stanley warns: ‘Trap’ post-Fed stock recovery
Morgan Stanley chief analyst Mike Wilson, who correctly predicted Wall Street’s first-half plunge, is warning investors to hold back on stocks despite the market’s rally in response to yesterday’s Fed decisions. According to Wilson, who spoke to CNBC after yesterday’s Wall Street jump, Wall Street’s excitement over the idea that the Fed will begin to […]
Controlled losses on Wall Street amid countervailing forces
In search of balance, the indices of the American market are moving mild losses, while investors evaluate on the one hand the positive messages of the Fed yesterday and on the other hand the coldness of the GDP today. In particular, after the positive opening for all three indices, the Dow Jones industrial average is […]
Wall Street puts recession worries behind it
LAST UPDATE 18:50 The US market is steadily picking up with buyers now taking the reins of the session, as the positive Fed signals yesterday appear to be overriding the GDP doldrums today. In particular, in a highly volatile session so far, the major indexes opened in positive territory, then all three moved into negative […]
Powell’s assurances that the US is not in recession gave Wall Street wings
Wall Street indices rallied after the decisions of the Federal Reserve and the bank governor’s statements that the economy is not in recession, with the S&P 500 climbing 2.6% and the tech Nasdaq jumping 4%. The Federal Reserve confirmed analysts’ estimates, raising interest rates for a second straight time by 75 basis points, as part […]
Wall gains ahead of Fed decisions, Nasdaq jumps 2.1%
Wall Street’s main indexes are moving higher, with investors going on the counterattack after the heavy losses on Tuesday and shortly before the Federal Reserve’s interest rate decisions. The US central bank is expected to announce another interest rate hike of 75 basis points today, continuing the aggressive policy tightening that began last March as […]
Wall welcomes the new interest rate hike positively
LAST UPDATE 21.10 Wall Street’s main indexes held steady, with investors on the counterattack after heavy losses on Tuesday after the Federal Reserve’s second consecutive rate hike of 0.75%. The U.S. central bank today announced as expected another 75 basis point increase in interest rates, continuing the aggressive policy tightening that began last March as […]
Wall Street rally after Powell
LAST UPDATE 22.00 Wall Street’s main indexes are picking up further, with buyers on the counterattack after the Federal Reserve’s second consecutive 0.75% interest rate hike and President Powell’s remarks. The U.S. central bank today announced as expected another 75 basis point increase in interest rates, continuing the aggressive policy tightening that began last March […]
Close to the lows of the day at the close of Wall Street, the Nasdaq dives 1.9%
Wall Street’s main indexes ended Tuesday’s trading in heavy losses near the day’s lows amid concerns over Walmart’s announcement yesterday about the impact of inflation on its profitability and the IMF’s warning today that the global economy may on the brink of recession if the serious challenges it faces are not addressed. The American retail […]
