Wholesale Inflation & Jobless Claims Data: US Stocks Open Lower – Latest Insights!
The U.S. stock market opened mostly lower Thursday, as investors digested a fresh reading on wholesale inflation and weekly jobless claims data. The Dow Jones Industrial Average DJIA was down 0.5% soon after the opening bell, while the S&P 500 SPX fell 0.2% and the Nasdaq Composite COMP gained 0.1%, according to FactSet data, at […]
April Inflation Report Fuels Surge: US Stocks Open Higher, Investors Eye Market Movement
U.S. stocks opened higher on Wednesday following the release of an April inflation report. The S&P 500 SPX gained 32 points, or 0.8%, to 4,151. The Dow Jones Industrial Average DJIA rose by 194 points, or 0.6%, to 33,754. The Nasdaq Composite COMP increased by 134 points, or 1.1%, to 12,313. An April report on […]
US Stocks Spring Forward as Regional Bank Shares Rebound, Injecting Fresh Life in Market
US stocks opened marginally higher on Monday, as investors focused on a recovery in shares of regional lenders such as PacWest Bancorp and other hard-hit names. This slight increase comes after the previous week’s volatility in the market. The S&P 500 was up by 2 points, or less than 0.1%, at 4,137 shortly after the […]
US Stocks Begin Climbing as Markets Anticipate Exciting Fed Policy Decision
US stocks opened modestly higher on Wednesday as investors awaited the outcome of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average (DJIA) was up 0.2% shortly after the opening bell, while the S&P 500 (SPX) rose 0.1% and the Nasdaq Composite (COMP) gained 0.1%, according to FactSet data. The Federal Reserve’s announcement on […]
US Stocks Fluctuate as JPMorgan Acquires Seized First Republic Bank Amid Regulatory Intervention
US stock indexes began mixed trading after JPMorgan Chase & Co announced on Monday that it had won the auction to acquire First Republic Bank. The bank’s acquisition came after regulators seized the San Francisco-based lender, marking the third failure of an American bank in just two months. Following the news, the Dow Jones Industrial […]
US Stocks Plunge as Amazon’s Gloomy Cloud Forecast & Stubborn Inflation Rattle Investors
U.S. stock indexes opened lower on Friday after Amazon warned about a slowdown in its cloud business, while strong inflation data cemented expectations for higher rates in the U.S. The Dow Jones Industrial Average dropped 70 points, or 0.2%, to 33,758. The S&P 500 was down 0.1%, while the Nasdaq Composite lost 0.3%. Amazon.com Inc. […]