Stock indexes closed higher as Nvidia's earnings exceeded expectations, boosting the chip maker's stock, while other retailers' quarterly reports provided a mixed picture of consumer health.
Stocks closed lower Thursday despite Nvidia's blowout earnings results, as new data brought mixed signals for the economy’s trajectory and big tech stocks like Tesla and Amazon.com dragged down major indexes.
The three major U.S. stock indexes ended down over 1% each, with the Nasdaq leading the decline, as investors were cautious ahead of Federal Reserve Chair Jerome Powell's speech and despite Nvidia's strong forecast and stock buyback announcement.
Stocks closed higher on Wednesday after revised GDP data showed that the US economy grew slower than previously estimated, while signs of a slowdown in the labor market have heightened hopes for a "soft landing" for the economy.
Most stock markets in the Gulf ended lower as investors grew cautious due to volatile oil prices and awaited monetary policy decisions by the US Federal Reserve.
Stock indexes decline as concerns about future rate hikes and sluggish market performance in September weigh on investor sentiment, with the tech-heavy Nasdaq Composite falling for the third consecutive day and the Dow Jones Industrial Average and S&P 500 on a two-day losing streak.
Stock index futures were slightly lower on Wednesday due to concerns about oil prices at a 10-month high, with S&P futures and Dow futures down 0.2% each and Nasdaq 100 futures down 0.3%.
Wall Street's major indexes closed slightly higher but posted weekly declines as investors remained concerned about rising interest rates and awaited U.S. inflation readings.
Summary: The Nasdaq and S&P 500 closed slightly higher on Friday after a week of losses, while the Dow Jones Industrial Average rose 0.2%; however, all three major indexes ended the week lower due to rising oil prices, stronger-than-expected labor market data, and China's iPhone ban.
Stock indices closed lower today, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experiencing declines, while the technology sector was the session's laggard and the real estate sector was the leader but still lost ground. Additionally, the U.S. 10-Year Treasury yield and Two-Year Treasury yield both increased.
The major indexes, including the Dow Jones, S&P 500, and Nasdaq, finished lower on Friday ahead of the Federal Reserve meeting next week, with tech stocks dragging the Nasdaq lower and the S&P 500 and Nasdaq both falling below their 50-day moving average.
Stock indices finished today’s trading session slightly higher, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all seeing modest gains, while the consumer discretionary sector fell and the energy sector rose.
Stocks closed lower on Tuesday due to uncertainty surrounding the Federal Reserve's future policy plans, as rising oil prices and concerns about inflation and interest rates weighed on investor sentiment. The Fed's decision on interest rates is expected to remain unchanged, but there is uncertainty about their next steps.
U.S. stock markets closed lower amid risk-off sentiment as the Federal Reserve began its two-day monetary policy meeting, while Asian markets, including Japan's Nikkei 225 and Australia's S&P/ASX 200, experienced declines; however, European markets, including Germany's DAX and the U.K.'s FTSE 100, traded higher.
Stock indices are mixed in today's trading session, with the Texas Manufacturing Outlook Survey reporting a decline in factory activity and U.S. stock futures trending higher due to concerns over high interest rates, rising bond yields, increasing oil prices, and possible government shutdown, while European indices have turned red and Asia-Pacific markets end mixed.
Stock indices closed in the red as the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experienced declines, while the utilities sector fell the most and the energy sector led despite still seeing a decrease; in addition, economic data including the Consumer Confidence report and US New Home Sales data reflected lower than expected figures, and stocks opened lower in Tuesday's trading session with the Case-Shiller Home Price Index suggesting continued rising demand for homes; JPMorgan CEO Jamie Dimon warned that a rise in interest rates to 7% could be painful for the global economy, and US Futures and WTI crude oil futures were trending down.
Major stock market indexes dipped into negative territory on Wednesday, continuing Tuesday's losses, despite some positive news from August durable goods numbers. The Dow Jones, S&P 500, and Nasdaq all saw declines, with the Dow Jones now breaking its 200-day moving average.
Stock market indexes held higher on Thursday afternoon as the benchmark Treasury yield reversed lower, with investors preparing for an inflation report and a possible government shutdown.
Stocks ended the day higher as the surge in oil, the dollar, and Treasury yields slowed down, with the Nasdaq rising 0.8%, the S&P 500 gaining 0.6%, and the Dow Jones Industrial Average rising 0.4%.
Stock indices are down after an initial boost from the inflation report wore off, with investors now cheering a softer-than-expected inflation print, while the Chicago Purchasing Managers Index shows a contraction in the manufacturing sector in Chicago for the 13th consecutive month.
The major stock indexes are expected to open lower as the 10-year Treasury yield hits a 16-year high, with investors monitoring employment data for potential impact on interest rates; meanwhile, stock futures in Asia and Europe slumped as the Federal Reserve's message of higher interest rates reverberates worldwide.
Indexes remained near session lows at noon Tuesday as the Dow Jones Industrial Average fell 1.2% after strong jobs data and yields continued to spiral upward, while the S&P 500 fell 1.4% and the Nasdaq fell 1.7% after rebounding in a four-day rally attempt.
Indian equity indices closed lower for the second consecutive day on Wednesday, dragged down by banking, financial, and auto stocks, with the BSE benchmark Sensex falling by 0.44% and NSE Nifty ending below the 19,450 level.
Stocks fell sharply in response to an increase in long-term Treasury yields, driven by misguided rhetoric from Fed officials and fears of higher inflation, despite economic data showing slowing growth, low job growth, and declining wage growth.
Summary:
US stock indexes closed lower as investors awaited monthly employment data and looked for insights into future interest rate directions, with the Dow Jones Industrial Average down 0.03%, the S&P 500 down 0.13%, and the Nasdaq Composite down 0.12%; in Asian markets, Japan's Nikkei 225 declined 0.28%, Australia's S&P/ASX 200 rose 0.41%, China's markets were closed for a holiday, and Hong Kong's Hang Seng index gained 1.40%; European markets, including the STOXX 600, Germany's DAX, France's CAC, and the UK's FTSE 100, all saw gains; and in commodities, Crude Oil WTI and Brent were down, Natural Gas was up, and Gold, Silver, and Copper all saw increases.
U.S. stock markets closed higher on Friday due to strong job creation, leading to discussions about a potential Federal Reserve interest rate hike; Asian markets, including Japan, Australia, and China experienced mixed results; European markets were mostly positive; commodities such as crude oil and gold saw an increase in prices; and U.S. futures and forex showed a decline and mixed results respectively.
Stocks opened lower on Monday due to the Middle East conflict and concerns about interest rates and inflation, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.5%, and the Nasdaq Composite down almost 1%.
Wall Street indexes closed higher after the release of cautious Federal Reserve minutes, fueling investor hopes of steady rates.
Stock indexes reversed and fell sharply in afternoon trading after a key inflation report revealed that consumer prices climbed higher than expected, with the Dow Jones Industrial Average falling 1% and approaching its lows for the day by early afternoon.
The stock market closed off its lows as major indexes improved in the final hour of trading, although investors remained hesitant due to higher-than-expected inflation numbers.
Major stock indices closed higher, led by the small-cap Russell 2000, as industries that previously lagged experienced gains, while bond yields remained elevated but stable and upcoming Q3 earnings reports from industry leaders are expected.
Stocks opened lower on Tuesday, with the Dow Jones Industrial Average falling about 0.4%, as retail sales data exceeded expectations and earnings season continued.
Stock market indexes closed mixed as Nvidia shares were impacted by new U.S. trade restrictions with China, while treasury yields reached 52-week highs.
Stocks closed lower at the end of a challenging week due to high Treasury yields and diminishing investor sentiment, with concerns over bond yields potentially impacting the equity market's growth.
U.S. stocks ended higher on Tuesday, with the Dow Jones Industrial Average rising 0.6% and snapping a four-day losing streak, while the S&P 500 gained 0.7% and broke its five-day losing streak, as strong earnings reports from blue-chip companies boosted investor confidence.
