Asian stocks were mixed as traders awaited the Federal Reserve's summer conference for indications on inflation control and interest rate hikes, with investors warned of potential surprises.
The markets were mixed today, with the Dow dropping while the Nasdaq rose slightly, and major indices are down over the past five trading sessions; however, year-to-date, the markets are still up and have retreated to valuations not seen since early July.
Summary: U.S. markets closed mixed on Tuesday as the Nasdaq saw slight gains thanks to tech stocks while financials dragged on other indexes after major U.S. banks were hit with another downgrade from a credit rating agency. Meanwhile, China took steps to stabilize its currency amid weakening economic conditions and deteriorating credit conditions.
Wall Street drifts following Nvidia's blowout profit report and mixed reports on the U.S. economy, with the S&P 500 slightly higher and the Dow Jones and Nasdaq showing mixed results.
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 were mixed on Friday after the US unemployment rate unexpectedly rose and more jobs were added to the economy than expected, with the Nasdaq entering negative territory while the S&P 500 and Dow Jones remained positive.
Stock futures are mixed as the market aims to maintain momentum in the holiday-shortened week, following an upbeat week for Wall Street with the Dow and Nasdaq registering their best performances since July.
European stock markets traded mixed as investors analyzed UK jobs and Spanish inflation data ahead of the upcoming European Central Bank meeting, while oil prices rose amid anticipation of the monthly OPEC report and Chinese demand forecasts.
Asia-Pacific equity markets finished mixed, with China's Shanghai Composite and Hong Kong's Hang Seng declining, while India's SENSEX gained; European markets are mixed in midday trading while US equity futures point to a lower market open following disappointing guidance from Oracle and ahead of tomorrow's August CPI report and Thursday's interest rate decision by the European Central Bank.
Stocks finished mixed on Wednesday as investors awaited consumer inflation data that could impact the Federal Reserve's future policy decisions. The Dow Jones fell 0.2%, the S&P 500 increased 0.1%, and the Nasdaq Composite climbed 0.3% after a previous decline. The Consumer Price Index showed a higher-than-expected increase in inflation, driven by rising energy prices, which could influence the Fed's decision on interest rates. The market also had its eyes on the Arm IPO and developments involving Apple and China. Meanwhile, the EU launched an investigation into China's subsidies for EV makers.
Wall Street finishes mixed after inflation report shows prices slightly higher than expected, with the S&P 500 up 0.1% and the Dow Jones down 0.2%.
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 opened higher as investors assessed strong retail sales and wholesale price inflation data to gauge the Federal Reserve's approach to interest rates, with the S&P 500 gaining 0.5% and the Dow Jones Industrial Average ticking up 0.4%.
Wall Street stocks rose on Thursday as investors analyzed strong retail sales and wholesale price inflation data to gauge the Federal Reserve's stance on interest rates.
European markets were mixed as investors awaited the U.S. Federal Reserve's monetary policy meeting and assessed the central banks' stance on inflation, with retail stocks making the biggest losses while autos and oil and gas were up.
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.
The Dow Jones Industrial Average dropped as the stock market correction worsened, and the 10-year Treasury yield reached new highs, with key inflation data expected later in the week, while Tesla stock fell and Apple and Microsoft stocks were mixed.
Stocks had a mixed day as market participants remained cautious ahead of a busy week of economic data, including the Federal Reserve's preferred inflation measure, leading to potential market volatility, while Amazon announced a $4 billion investment in an AI startup.
European shares were mixed as the dollar continued to rally amid expectations of higher US interest rates and a property crisis in China.
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.
Stock markets were mixed on Wednesday, with the S&P 500 and Nasdaq Composite making modest gains while the Dow Jones Industrial Average finished lower; small-cap stocks performed well, with Hayward Holdings and GEO Group seeing strong performances.
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.
Stock markets end mixed as investors oscillate between bargain hunting and concerns over increased Treasury yields and interest rate uncertainties, with Asia markets seeing declines driven by worries about U.S. monetary tightening and selling off stocks, while European stocks decline for the sixth day and investors await Germany's inflation data.
US stocks traded mixed on Friday, closing out the worst month of 2023, as investors prepared for a potential government shutdown.
U.S. stocks showed mixed performance as Treasury yields rose and a government shutdown was averted, with the Dow Jones Industrial Average down 0.6%, the S&P 500 down 0.3%, and the Nasdaq Composite up 0.4%.
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.
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 amid a bond rout reprieve and anticipation for the upcoming labor market data, with the Dow Jones slipping 0.1%.
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's major averages ended slightly lower as investors awaited the non-farm payrolls report and grappled with mixed economic data, while the tech-heavy Nasdaq Composite and benchmark S&P 500 both pared back losses, and defensive sectors outperformed.
Financial markets trade mixed as investors monitor the Israel-Hamas conflict and pay attention to speeches from central bankers, while the US Dollar posts small recovery gains and US stock index futures remain unchanged; meanwhile, the heat map shows percentage changes of major currencies against each other and Wall Street's main indexes closed in positive territory despite escalating geopolitical tensions.