Nasdaq concluded the trading day on a positive note, following the Federal Reserve’s decision to reduce interest rates by 25 basis points. The tech-heavy Nasdaq experienced an increase of 0.9%, translating to a rise of 209.40 points, concluding the trading session at 22,470.73. This move was accompanied by the assurance of additional rate cuts in Read More
The tech-heavy Nasdaq declined by 0.3%, equivalent to 72.63 points, concluding the session at 22,261.33. Market concluded the trading session on Wednesday with mixed results, characterized by volatility. The Dow Jones Industrial Average finished higher following the anticipated quarter percentage point reduction in interest rates by the Federal Reserve. However, Federal Reserve Chairman Jerome Powell Read More
Nasdaq Futures concluded the trading day on Tuesday with a decline, reflecting a volatile session as investors exhibited caution in anticipation of the Federal Reserve’s forthcoming decision regarding interest rates at the conclusion of its two-day policy meeting on Wednesday. The tech-heavy Nasdaq experienced a decline of 0.1%, or 14.79 points, concluding at 22,333.96, retreating Read More
The tech-heavy Nasdaq increased by 0.9%, or 207.65 points, concluding at 22,348.75, thereby achieving yet another record closing high, driven by investor optimism following President Donald Trump’s remarks indicating that the U.S.-China trade discussions were progressing positively. Concurrently, attention remained fixed on the forthcoming key policy meeting of the Federal Reserve this week. All three Read More
Nasdaq Futures concluded the trading session on Friday with a mixed performance, highlighted by the Nasdaq achieving a record closing high. Investors are anticipating the forthcoming Federal Reserve policy meeting, where a reduction in interest rates is anticipated to address the deteriorating jobs market. The Dow Jones Industrial Average experienced a decline of 0.6%, translating Read More
Government data revealed that U.S. factory-gate prices dropped unexpectedly in August. This suggests that inflationary pressures are not as strong as expected, supporting the argument for the Federal Reserve to lower interest rates at its next meeting. Last month, the producer price index for final demand fell by 0.1%. Experts expected that the monthly number Read More
The Nasdaq composite finished the week at an all-time high, as investors are hopeful that a potential interest-rate cut by the Federal Reserve will continue to boost the market’s growth. The Nasdaq and the S&P 500 index both saw weekly increases of over 1%. The Fed’s board of governors is likely to lower the benchmark Read More
Nasdaq achieved an increase of approximately 0.7%, securing its fourth consecutive record close and reaching its inaugural closing above the 22,000 threshold. On Thursday, market achieved remarkable heights, propelled by the latest inflation data that showed a modest uptick in consumer prices for August, coupled with a surge in jobless claims reaching their highest level Read More
The tech-heavy Nasdaq Composite increased by 80.79 points, representing a 0.4% rise, to finish at 21,879.49. The S&P 500 increased by 17.46 points, representing a 0.3% rise, concluding at 6,512.61. Seven of the 11 broad sectors of the benchmark index finished in positive territory. Utilities Select Sector SPDR advanced 0.7%, Communication Services Select Sector SPDR Read More
The tech-heavy Nasdaq Composite closed at 21,798.70, up 98.31 points, or 0.5%. This marks the highest recorded close of the index in its historical data. The S&P 500 increased by 13.65 points, representing a 0.2% rise, concluding the session at 6,495.15. Six of the 11 broad sectors of the benchmark index finished the day with Read More
