U.S. equities experienced a sharp sell-off over the course of the previous trading day. The Dow Jones Industrial Average plummeted 3.12% to close at 32997.97, the S&P 500 fell 3.57% to close at 4146.87, and the Nasdaq Composite crashed 4.99% …
The Federal Reserve stated that quantitative tightening or the removal of assets from the central bank’s $9 trillion balance sheet will begin on June 1. The Fed will first allow up to $47.5 billion of US Treasuries and mortgage-backed securities …
US stock advanced on Tuesday amid a better market mood, facing another volatile session as investors await the key Fed policy announcements later this week. The Fed is expected to raise rates by 50 basis points on Wednesday and traders …
Markets experienced a mild rally on the first trading day of May. The Dow Jones Industrial Average increased 0.26 percent to 33061.5, the S&P 500 increased 0.57 percent to 4155.38, and the Nasdaq Composite increased 1.63 percent to 12536.02. The …
U.S. equities continue to lose ground on the last trading day of the week. The Dow Jones Industrial Average dropped 2.77% to close at 32977.21, the S&P 500 slipped 3.63% to close at 4131.93, and the Nasdaq Composite dived 4.17% …
U.S. equities closed sharply higher Thursday, led by technology shares as markets continued recovery from steep losses earlier this week. S&P 500 climbed 2.5%, and Dow Jones surged by more than 600 points or 1.8%. The tech-heavy Nasdaq Composite jumped …
U.S. stocks climbed Wednesday afternoon, recovering some of their losses after major stock indexes fell, as worries about inflation and global growth added to further volatility in risky assets. The S&P 500, Dow Jones, and Nasdaq rose about 1 % …
Wall Street benchmark indices plunged on Tuesday, speeding up April’s sell-off on US equities as market participants weighed a flurry of corporate reports against inflationary pressures and worries over recession risks. S&P 500 closed the day by 2.8% lower, while …
U.S. equities advanced on Monday, reversing earlier losses in the day amid worries about an escalating COVID outbreak in China added to jitters over U.S. economic growth, not to mention the surging inflation and Fed policy tightening. S&P 500 went …
U.S. stocks plummeted Friday afternoon to close out another week in the red as investors weighed a bevy of corporate earnings and braced for more aggressive monetary tightening by the Federal Reserve in coming months. S&P 500 plunged 2.8%, marking …
