Government bonds rallied as yields on longer-dated Treasurys retreated, while stock indexes closed mixed for the week and Bitcoin declined, with oil prices pushing higher and overseas stocks declining.
U.S. equity markets rallied as tech stocks gained and Netflix shares rose on strong subscriber growth, while Foot Locker and oil stocks struggled; U.S. Treasury yields and the dollar fell, while cryptocurrency prices rebounded.
Wall Street rallied as Tesla, Nvidia, and other megacap growth stocks surged, supported by a drop in job openings and expectations of a pause in interest rate hikes by the U.S. Federal Reserve.
Wall Street is experiencing small gains and losses as investors await economic news, including an inflation indicator and more jobs data; markets rallied after consumer confidence dropped in August and job openings fell, potentially reducing inflation and deterring the Fed from raising interest rates.
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.
Wall Street ended a challenging August on a mixed note, with the Dow Jones down 0.5%, the S&P 500 losing 0.16%, and the Nasdaq gaining 0.11%, resulting in the worst monthly performance since earlier this year; however, signs of a soft landing for the US economy and lower jobless claims have sparked hopes that the Fed may ease off on interest rate hikes at its upcoming meeting.
The US dollar weakened against major counterparts due to disappointing economic data, leading to a rally in gold prices and a less dovish Federal Reserve outlook, while the Australian and New Zealand Dollars performed well due to gains in Wall Street; crude oil prices also rallied despite deteriorating economic conditions in China.
Wall Street's main indexes fell in choppy trade due to rising Treasury yields and weak services activity in China, while gains in energy stocks limited losses; however, expectations of a pause in Fed monetary tightening boosted growth stocks.
Stocks on Wall Street are expected to decline as concerns about inflation raise doubts about the Federal Reserve's decision to cut interest rates, while worries about crumbling demand and falling German industrial orders add to the uncertainty.
Wall Street's major averages slumped due to a fall in Apple shares, concerns over elevated oil prices, and worries about the impact of inflation, while an unexpected rise in a key U.S. services activity gauge raised concerns about higher interest rates.
Stocks on Wall Street ended mixed after an inflation report showed a slight increase, but economists believe underlying inflation trends still point towards continued moderation and the Federal Reserve is expected to keep interest rates steady at its upcoming meeting, while airlines struggled due to higher fuel costs and technology stocks benefited from the possibility of no further interest rate hikes.
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.
Wall Street rallied as reports suggested that the US economy is still strong, despite concerns about inflation, with the S&P 500 gaining 0.8% and the Dow Jones Industrial Average rising 1%.
Wall Street is experiencing a slight decline as oil prices continue to rise, putting pressure on inflation and causing uncertainty about the Federal Reserve's interest rate policy.
Global stocks eased as a drop in U.S. homebuilding highlighted the challenges the Federal Reserve faces in managing inflation, while oil prices rose and investors await rate decisions from major central banks.
Wall Street stocks moved lower as the Federal Reserve announced its decision to keep interest rates steady for now but forecasted one more rate hike in the near future.
U.S. stocks slumped after the Federal Reserve indicated that it may not cut interest rates next year as much as initially expected, causing concerns among investors on Wall Street.
Markets on Wall Street are expected to open with losses after the Federal Reserve suggests it may not cut interest rates next year by as much as previously thought, leading to a decline in futures for the S&P 500 and Dow Jones Industrial Average; uncertainty surrounding inflationary indicators and high rates is a major concern for traders moving forward.
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.
Stock futures declined and Treasury yields moved higher as belief grows on Wall Street that the Federal Reserve likely will keep interest rates higher for longer.
Wall Street falls despite bond market pressure easing, with stocks on track for their fifth drop in six days as the market comes to terms with the Federal Reserve's decision to keep interest rates high, causing yields in the bond market to rise and undercutting prices for stocks and other investments.
The U.S. stock market has experienced a decline due to conflicting economic news and a surge in bond yields, which may be driven by factors other than data, such as fiscal deficits and central bank policies.
Wall Street turned lower as concerns over interest rates, rising oil prices, and a possible government shutdown weighed on the market, with the Dow Jones and S&P 500 both experiencing losses.
Wall Street stocks slipped as investors reviewed data on the US economy, with the S&P 500 and the Dow Jones Industrial Average trading slightly lower, and the Nasdaq Composite dropping further; the 10-year Treasury yield continued to rise, and oil prices turned lower after hitting new highs.
Stocks rallied on Thursday, recovering from recent losses, as the S&P 500 rose 0.6% and the tech-heavy Nasdaq Composite gained 0.8%, while the Fed's higher-for-longer stance on interest rates continues to impact markets. Additionally, mortgage rates hit a 23-year high, dampening homebuyer activity, and the US economy showed slightly weaker growth in the second quarter than initially reported.
Stocks retreated in September as Wall Street reacted to new data on inflation and fears of higher interest rates by the Federal Reserve, with major indexes seeing drops of 3-5% for the month and quarter; meanwhile, bonds saw some relief from rate jitters and the looming US government shutdown added further uncertainty to the market.
Stocks on Wall Street are drifting as higher interest rates continue to impact the market, with the S&P 500 remaining largely unchanged and the Dow Jones down slightly, as investors grapple with the prospect of high inflation and the Federal Reserve's efforts to lower it.
Wall Street stocks fell at the open as rising Treasury yields and hawkish comments from Fed policymakers dampened investor optimism about a potential interest-rate cut.
Stocks plummeted and bond yields surged, highlighting concerns about the impact of high interest rates on equities as the Dow and S&P closed at their lowest levels in over four months.
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 continued to sell-off due to concerns over labor market data, ongoing labor strikes, surging oil prices, and fears of the Federal Reserve raising interest rates, with the bond market being seen as the main driver behind the market action.
Wall Street closed higher as the bond market loosened its grip on stocks, with the S&P 500 rising 0.8% and the Dow Jones Industrial Average rising 0.4%; tech stocks helped support the market after a previous decline, while Treasury yields eased and oil prices dropped.
Wall Street stocks moved lower as the focus turned to Friday's key labor market data, following a bond rout reprieve, with the Dow Jones slipping 0.4% and the S&P 500 down 0.5%.
Wall Street rallies as investors analyze strong US job market report, though concerns about inflation and high interest rates persist.
Wall Street stocks rise as investors hope for a pause in interest-rate hikes by the Federal Reserve, while keeping an eye on escalating conflict in the Middle East.
Stocks slipped as rising yields in the bond market and new inflation news put pressure on Wall Street, with the S&P 500, Dow, and Nasdaq all experiencing losses.
The stock market rally faces increasing pressure due to rising Treasury yields and disappointing earnings reactions, including Tesla, J.B. Hunt, Morgan Stanley, Intuitive Surgical, Terex, and United Airlines, while crude oil futures rose amidst Mideast tensions.