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.
Stocks opened higher as investors awaited a key speech from Federal Reserve Chair Jerome Powell at the Jackson Hole economic symposium, with expectations of a more nuanced stance on rate hikes.
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.
Wall Street stocks opened higher as new data showed easing inflation, boosting the Dow Jones and S&P 500, with investors taking heart from signs of a soft landing for the US economy.
Stocks closed mixed on Friday after the US unemployment rate showed a surprise jump, with the tech-heavy Nasdaq closing flat, the S&P 500 eking out a modest gain, and the Dow Jones leading the session with a 0.3% increase; all three indices ended the month with losses.
Asian stocks are expected to open lower as attention shifts to China's efforts to improve its economy and European shares provide a weak lead for investors, while crude oil futures remain near nine-month highs.
Stocks were lower on Tuesday as September began, with oil prices reaching new highs and Treasury yields rising, putting pressure on the market, while traders awaited more economic data to determine the likelihood of another rate hike from the Federal Reserve.
Stocks are expected to open the week higher, with the S&P 500 up 0.5% in premarket trading, as investors look ahead to key U.S. economic data and show interest in companies such as Lennar, Arm, Tesla, and Oracle.
US stocks opened lower on Friday after failing to build on a Thursday rally, as concerns about the world's second-largest economy and a historic strike by the United Auto Workers union weighed on investor sentiment.
The UAW strike, rise in oil prices, strong dollar, and upcoming Federal Reserve meeting are factors impacting the economy, causing stocks to be lower.
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.
Stocks open lower as bond yields rise and concerns of a federal government shutdown loom; Costco reports earnings, Meta Platforms holds annual conference on AI and virtual realities, Hollywood writers union reaches preliminary agreement with studios, UAW makes progress with Ford, Amazon invests in Anthropic, Guggenheim upgrades Microsoft, Morgan Stanley reports strong demand for iPhone 15, Oracle gets price target cut, and Jefferies downgrades Foot Locker and Nike.
Stock futures opened little changed on Monday, with the Dow Jones, S&P 500, and Nasdaq Composite all experiencing modest gains, but stocks are still on pace to end September lower, amid concerns over higher interest rates and potential government shutdown.
Wall Street stocks opened higher on Wednesday, attempting to recover from recent losses caused by concerns about the impact of higher interest rates and a potential government shutdown, with the S&P 500 up 0.3% and the Dow Jones Industrial Average up 0.1%.
Stocks closed mixed on Tuesday as investors worried about higher interest rates, rising bond yields, a spike in oil prices, and the possibility of a government shutdown, though a stronger-than-expected reading on U.S. manufacturing activity provided some positive news. The ongoing autoworkers strike and inflation concerns also weighed on market sentiment, while oil prices continued to rise, benefiting certain energy companies. Despite concerns, historical data suggests that government shutdowns have not had a significant negative impact on stocks in the past.
Stocks rose at the open on Friday as Wall Street welcomed a lower-than-expected inflation reading, with all three major indices looking to build on Thursday's gains.
U.S. stocks ended the month with a mixed finish, marking the worst month for markets since December last year due to concerns over a government shutdown and an ongoing United Auto Workers (UAW) strike.
Stocks opened higher on Wall Street as bond yields retreated and investors prepared for the consequences of the US House Speaker's removal, following a sell-off on Tuesday that pushed the Dow Jones Industrial Average into negative territory for the year.
Stocks on Wall Street opened lower after the US jobs report exceeded expectations, raising concerns that the Federal Reserve may raise interest rates; the Dow Jones was down 0.3%, the S&P 500 lost 0.4%, and the Nasdaq Composite dropped 0.5%.
Stocks closed higher on Friday, driven by technology shares, as investors analyzed the September jobs report showing an increase in US hiring but a slowdown in wage growth.
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%.
U.S. stocks opened higher on Tuesday as Treasury yields decreased and the Federal Reserve indicated they may not raise interest rates further, with the S&P 500 rising 0.2%, the Dow Jones Industrial Average adding 0.2%, and the Nasdaq Composite climbing 0.2%.
US stocks are expected to open higher as investors await inflation data and Federal Reserve minutes to gain insight into interest rate thinking, with Dow Jones Industrial Average futures up 0.2% and S&P 500 futures rising 0.2%.
Stocks were mixed on Friday as big US banks reported upbeat earnings, while concerns about the conflict in the Middle East kept investors cautious. The Dow Jones gained 0.2%, while the S&P 500 was down 0.3%, and the Nasdaq Composite slid about 1%.
Stocks closed mixed on Friday after a consumer-sentiment survey revealed a rise in inflation expectations, but earlier Wall Street had rallied due to strong earnings reports from major banks.