Stock indices finished the trading session mixed, with the Dow Jones Industrial Average (DJIA) falling while the Nasdaq 100 (NDX) and the S&P 500 (SPX) gained. Additionally, auto loan delinquencies are increasing as car prices become unsustainable, and gas prices are on the rise.
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.
The Dow and S&P 500 ended slightly lower due to concerns about the Federal Reserve keeping interest rates higher for longer, while the Nasdaq finished barely in the green; the financial sector fell 0.9%, dragged down by an S&P downgrade of credit ratings of regional U.S. lenders, and investors are awaiting clarity on the rate outlook from Fed Chair Jerome Powell.
The stock market experienced a sharp decline as early gains turned into a selloff, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all falling; concerns over rising bond yields and inflation contributed to the sell-off.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, were relatively unchanged after hours ahead of Fed Chief Jerome Powell's speech at the Jackson Hole symposium. The stock market rally attempt on Thursday was disrupted as major indexes reversed lower, with AI stocks such as Nvidia, Marvell Technology, and Adobe also experiencing reversals.
The three major U.S. stock indexes ended down over 1% each, with the Nasdaq leading the decline, as investors were cautious ahead of Federal Reserve Chair Jerome Powell's speech and despite Nvidia's strong forecast and stock buyback announcement.
Stock indices finished the trading session in the green, with gains seen in the Nasdaq 100, S&P 500, and Dow Jones Industrial Average. However, Texas manufacturing experienced a downturn in August, and gas prices have slipped across the country. U.S. stock futures are trending higher, and traders are awaiting key economic releases and earnings reports this week. In Asian markets, indices ended higher, but Evergrande Group's shares plunged while Xpeng's shares rallied.
Gulf stock markets ended mixed as China's measures to support its markets provided some relief, while energy market volatility weighed on sentiment.
Global markets show mixed performance, with Japan, China, Hong Kong, India, and Australia experiencing modest gains, while the US markets closed higher fueled by optimism over a possible pause in interest-rate hikes, as oil prices extend gains and gold prices remain near three-week highs.
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.
U.S. stocks ended the week with solid gains, but mixed trading, as traders weigh whether the soft economic data will convince the Federal Reserve to hold off on further rate hikes.
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.
Summary: The US markets ended mixed after the release of the latest jobs report data, with the economy adding 187,000 jobs in August but seeing an increase in unemployment, while in Asia, Japan's Nikkei 225 closed higher, Australia's S&P/ASX 200 was down, and China's Shanghai Composite and Shenzhen CSI 300 declined. Additionally, European markets saw declines, and commodities such as crude oil, natural gas, gold, silver, and copper experienced varying price movements.
The Dow Jones Industrial Average fell, while AI stock Microsoft jumped, oil stocks rose as Saudi Arabia and Russia extended production cuts, and several Warren Buffett stocks are near entry points.
Dow Jones futures were relatively unchanged after hours, following a stock market rally that saw some losses due to rising Treasury yields, but was supported by strong performances from megacaps like Microsoft, Meta Platforms, and Tesla.
Asia-Pacific equity markets finished mixed, with Australia's ASX All Ordinaries and South Korea's KOSPI falling, while Taiwan's TAIEX and Hong Kong's Hang Seng declined slightly; European markets are flat to lower, and U.S. equity futures point to a lower open.
Dow Jones futures, S&P 500 futures, and Nasdaq futures remained relatively stable, with the major indexes experiencing mixed sessions and the stock market rally suffering further damage, largely due to concerns over China impacting Apple and iPhone chipmakers.
Summary: The Nasdaq and S&P 500 closed slightly higher on Friday after a week of losses, while the Dow Jones Industrial Average rose 0.2%; however, all three major indexes ended the week lower due to rising oil prices, stronger-than-expected labor market data, and China's iPhone ban.
U.S. equity markets experienced a downturn this week due to concerns about inflation, Federal Reserve statements, and trade tensions, with real estate equities and other yield-sensitive sectors particularly affected by rising interest rates, although hotel REITs rebounded due to improved forecasts for major hurricanes.
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.
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.
Wall Street stocks traded mixed as investors awaited Wednesday's key inflation data, with the Nasdaq Composite retreating amid a tumble in Oracle shares, while the Dow Jones Industrial Average turned higher and tech stocks took center stage with Apple's iPhone 15 launch and anticipation for the blockbuster Arm IPO.
Stock indices closed in the red, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experiencing declines, while the technology sector underperformed and the energy sector led the session. The U.S. 10-Year Treasury yield dropped, while the Two-Year Treasury yield increased. The Small Business Optimism Index for August decreased, with inflation cited as a major concern among small business owners. Stocks opened lower on Tuesday, and U.S. futures trended lower as well. This week's focus will be on the Consumer Price Index and Producer Price Index data, which could impact the Federal Reserve's decision on rate hikes. Oracle's stock fell after missing sales estimates, while Casey's General and Tesla saw gains. JPMorgan's CEO criticized new Basel III regulations, and European indices traded in the green. In Asia-Pacific, markets ended mixed as traders await U.S. inflation data.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, were unchanged after hours as the stock market rally experienced losses, with the S&P 500 and Nasdaq dropping below the 50-day line, while energy stocks led and software retreated. Apple stock fell after unveiling the iPhone 15 and other products, while stocks such as Salesforce, Alphabet, General Electric, Shopify, and Nvidia remained in or near buy areas. The CPI inflation report and Adobe earnings are potential market catalysts.
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.
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.
Dow Jones futures and other market futures dropped due to key economic data, while Adobe stock sold off on mixed earnings.
Stock indices closed lower today, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experiencing declines, while the technology sector was the session's laggard and the real estate sector was the leader but still lost ground. Additionally, the U.S. 10-Year Treasury yield and Two-Year Treasury yield both increased.
The major indexes, including the Dow Jones, S&P 500, and Nasdaq, finished lower on Friday ahead of the Federal Reserve meeting next week, with tech stocks dragging the Nasdaq lower and the S&P 500 and Nasdaq both falling below their 50-day moving average.
The S&P 500 and Nasdaq ended the week slightly lower due to a decline on Friday caused by higher bond yields and oil prices, while the Dow Jones Industrial Average saw a small weekly gain.
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.
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.
Dow Jones futures, as well as S&P 500 futures and Nasdaq futures, dropped after the Federal Reserve meeting, with the stock market retreating and breaking below critical levels due to the Fed's decision to stick with forecasts for one more rate hike this year and hinted that rates would stay higher for longer.
