Wall Street slightly increased ahead of Federal Reserve Chair Jerome Powell's upcoming speech, with futures for the Dow and S&P 500 rising 0.2%; traders hope Powell will indicate that the Fed is done raising interest rates and may cut them next year.
Investors are looking forward to after-the-bell earnings from Nvidia as the Dow, S&P 500, and Nasdaq are set to open slightly higher; Apple is now the most under-owned large-cap U.S. tech stock while Meta Platforms is the most over-owned.
Tech stocks, led by Nvidia's blowout earnings report, saw mixed results in the stock market as the Nasdaq and S&P 500 rose while the Dow Jones slipped; investors eagerly await Fed Chair Jay Powell's speech at Jackson Hole.
The U.S. stock market closed lower as an earlier rally driven by Nvidia's earnings report fizzled out, while treasury yields increased, and the S&P 500 is on track to end its five-month winning streak, with concerns over the Federal Reserve Chair Jerome Powell's speech at Jackson Hole weighing on investors.
Federal Reserve Chair Jerome Powell's speech at Jackson Hole could trigger a move higher in bond yields, leading investors to consider switching to value stocks, which are currently underperforming growth stocks, according to Vanguard.
Stock futures rose slightly ahead of Fed Chair Jay Powell's speech, with investors eagerly awaiting his comments on interest rates and inflation.
Wall Street is expected to open higher as investors await a speech from Federal Reserve Chair Jerome Powell, with weaker-than-expected economic reports potentially being more welcome in financial markets.
Stocks were in positive territory after Fed Chair Jerome Powell expressed the central bank's readiness to raise rates further during his speech at the annual Jackson Hole Economic Symposium.
Stocks gave up gains after Fed Chair Jerome Powell stated that the central bank is prepared to raise rates further, causing investors to adopt a dimmer interpretation of his remarks.
Stocks rebounded after Fed Chair Jerome Powell indicated that the central bank is prepared to raise interest rates further, providing a cautious but ultimately optimistic outlook on the economy.
Major indexes rebounded after Federal Reserve Chair Jerome Powell's speech, with the Dow Jones Industrial Average gaining 0.9% in late trading, as Powell emphasized the need for cautiousness in future rate hikes.
Stocks rise as Wall Street achieves its first winning week since July after Federal Reserve Chair Jerome Powell states that the Fed will proceed cautiously with interest rates.
The S&P 500 and Nasdaq closed higher for the week despite a pullback, while the Dow Jones Industrial Average closed lower for the second consecutive week.
Stock futures opened higher to start the final trading week of August, following positive remarks from Federal Reserve Chair Jerome Powell and the expectation of a cautious approach to interest rate hikes.
Stocks rise at the beginning of the week after last week's selling, with markets relieved by the 10-year yield remaining at around 4.3%, while anticipating Federal Reserve Chairman Jerome Powell's speech on Friday for insight on short-term interest rates and inflation control.
U.S. stocks are set to open higher as investors await fresh labor data that could impact the Federal Reserve's interest-rate decision.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
Stocks remained higher across the board as investors analyzed the impact of Fed Chair Jay Powell's speech and prepared for upcoming inflation and jobs data, with the Dow Jones, Nasdaq Composite, and S&P 500 all experiencing gains.
Equity markets rise as investors focus on upcoming economic data following Powell's speech.
European stock markets are expected to open higher following positive moves on Wall Street, as investors anticipate fresh economic data and a potential pause in interest rate hikes by the Federal Reserve.
Stocks closed higher on Wall Street as economic reports indicated a cooling economy, potentially leading to a pause in interest rate hikes by the Federal Reserve.
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 rose on Friday as the Nasdaq rebounded from Apple's recent slide, fueled by speculation that the Federal Reserve may not raise interest rates in September, while concerns about rising energy prices and Apple's market value decline continue to linger.
U.S. stocks rebounded as the week closed, with tech-heavy Nasdaq Composite and benchmark S&P 500 both up 0.1%, as concerns about higher interest rates were balanced by elevated oil prices and mixed economic data.
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.
The stock market opened positively, with the Nasdaq up 0.6%, but later faded; major indexes are below their 50-day moving averages as investors await key economic data midweek.
U.S. stocks opened higher on Monday, as major benchmarks attempt to extend Friday's gains, despite worries over rising Treasury yields and oil prices.
U.S. stocks closed higher on Monday, fueled by a rebound in Tesla shares and gains in the consumer discretionary sector, as investors looked ahead to key economic data on inflation later in the week.
Wall Street stocks set for higher open as August inflation suggests the Federal Reserve won't raise interest rates, while Arm's IPO and oil prices remain in focus.
Stocks climb as investors digest positive retail sales and producer prices data, with the Dow Jones Industrial Average up 0.7% and the S&P 500 and Nasdaq Composite both up 0.7% and 0.8% respectively.
Stocks surged as the Dow Jones Industrial Average rose, driven by strong performances from Goldman Sachs, Caterpillar, and Arm, while the tech-heavy Nasdaq and the S&P 500 also saw gains; strong consumer data and positive economic indicators contributed to the market's optimism.
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.
Stocks opened lower on Friday and continued to slide as investor sentiment was weighed down by the United Auto Workers (UAW) strike and anticipation for the next Federal Reserve meeting, while the "Big 3" automakers involved in contract negotiations finished the day off their session lows.
Wall Street stocks rise as investors await the Federal Reserve's decision on interest rates, with focus on future rate projections and hints from Fed Chair Jerome Powell.
Stocks closed lower on Wednesday as Wall Street analyzed the Federal Reserve's decision to keep interest rates steady, with the tech-heavy Nasdaq sinking the most, while the Fed's updated forecast showed that interest rates will remain higher for longer than previously anticipated.