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.
Stock futures indicate a slight increase as investors await Federal Reserve Chairman Jerome Powell's speech at the central bank summit in Jackson Hole, Wyo, with stocks of Affirm, Marvell, Hawaiian Electric, AMC, and Intuit showing the most movement.
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.
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 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 turn volatile as Jerome Powell hints at more rate hikes, consumer inflation expectations rise, and consumer sentiment and expectations decrease; investors await Powell's speech at the Jackson Hole Economic Symposium.
Stocks fluctuated as Jerome Powell signaled caution on declaring victory over inflation and stated that the Federal Reserve will proceed carefully on whether to raise interest rates again.
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.
The Dow Jones Industrial Average experienced volatility as Wall Street analyzed comments from Federal Reserve Chair Jerome Powell, causing gains in the stock market to fade initially before bouncing back.
Tech stocks led a rally in the stock market, with the Nasdaq Composite gaining 1.6% and the S&P 500 ending a four-day losing streak, despite the rise in Treasury yields; investors will be looking for clues about the US consumer spending and the economy as retailers' earnings reports are expected, and Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium is anticipated for indications on interest rates.
Stock futures are slightly higher as the S&P 500 looks to continue its winning streak after comments from Federal Reserve Chairman Jerome Powell.
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 were relatively unchanged on Tuesday as investors prepared for a wave of economic data, including updates on consumer confidence and job openings, which could impact expectations for future interest rate hikes from the Federal Reserve.
Stocks on the Nasdaq led gains on Wednesday as revised GDP data showed slower economic growth in the last quarter than previously estimated, while private-sector jobs in August came in weaker than expected, raising concerns about the Federal Reserve's interest rate hikes.
Stocks were mostly higher on Wednesday as economic data showed signs of a slowing economy, with the Dow Jones Industrial Average reversing gains due to declines in certain stocks and the S&P 500 experiencing a small decline in September despite its overall positive performance for the year. Additionally, the U.S. Department of Health and Human Services has recommended reclassifying marijuana to loosen restrictions, potentially impacting the cannabis industry.
U.S. stocks were higher on Wednesday, although the gains were smaller compared to the previous day, as market participants received a cooling labor market update and a downward revision to Q2 economic growth.
U.S. stocks rose after August jobs data showed a slowdown in the pace of job gains, calming investor concerns about the Federal Reserve raising interest rates, with the Dow Jones Industrial Average rising 0.5%, the S&P 500 up 0.4%, and the Nasdaq Composite gaining 0.3%.
Stocks opened higher on Friday, with the Nasdaq rebounding from Apple's slide, following hints that the Federal Reserve may delay interest rate hikes in September.
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.
Stock indices finished today’s trading session in the green, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all gaining, while the energy sector fell and the consumer discretionary sector led; individuals held a relatively steady stance on inflation expectations but had growing concerns regarding employment prospects and obtaining credit, according to a report from the Federal Reserve Bank of New York, while Treasury Secretary Janet Yellen expressed confidence in the stability of the U.S. economy, citing controlled inflation and positive employment trends.
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.
Wall Street stocks rose as investors analyzed strong retail sales and inflation data to predict the Federal Reserve's next move on interest rates, with the S&P 500 and Dow Jones Industrial Average both posting gains of around 1%.
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.
Stocks mostly lower as investors await Federal Reserve's interest rate decision and assess new economic data showing easing core inflation and a cooling labor market, with expectations high for the Fed to hold rates steady.
The stock market weakened slightly as investors remain uncertain ahead of the Federal Reserve's meeting this week, with eyes on the tone taken by Federal Reserve Chair Jerome Powell during the post-meeting media conference.
Stocks closed relatively unchanged on Monday as investors await the upcoming Federal Reserve meeting, which will determine the central bank's next interest rate decision, amidst easing core inflation and a cooling labor market.
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 sold off on Wednesday due to hawkish comments from Fed Chairman Jerome Powell, causing more technical damage and leading Investor's Business Daily to drop its market outlook to "Correction," but the negative reaction to the Fed could make it easier for the market to find support and bounce as earnings season approaches.
Tech stocks led a broad equity retreat as Wall Street reacted to the Federal Reserve's hawkish message and decision to hold interest rates steady, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experiencing losses.
US stocks traded higher on Friday as the S&P 500 and Nasdaq Composite recovered from recent declines, but they are still on track for a third-straight weekly decline due to rising bond yields and a stronger dollar following the Federal Reserve meeting.