Start of trading
US stock indices are down in early trading on Monday. However, stock indices may end October with a record rise in decades.
The Dow Jones Industrial Average was up 14.4 per cent from the start of the month to the close of trading o...
Inflation in September
US consumer prices rose 8.2% year-on-year in September from 8.3% a month earlier, according to data released Thursday by the US Department of Labor. This was evi...
The president is confident in the beat
U.S. President Joe Biden believes he can defeat Donald Trump in the presidential election again if they campaign, as he already succeeded in 2020.
"I believe I can beat Donald Trump again," he said in response...
Unemployment benefits
The number of Americans filing initial claims for unemployment benefits during the week stood at 219,000. Such data was released by the US Department of Labor on Thursday.
The numbe...
GDP in the second quarter
US GDP fell 0.6 per cent year-on-year from April to June as a result of a sharp rise in consumer prices and a rise in the benchmark interest rate. The US Department of Commerce said in a statement releas...
Risk insurance contracts
Investors in the US are buying a record number of risk insurance contracts amid a sell-off that has already sent US stocks down several trillion dollars, writes the Financial Times.
Purchases of put options and ETFs are ris...
Trading declined
The Dow Jones Industrial Average fell 0.88% to 31510.43 points. The Standard and Poor's 500 fell 0.78% to 3955 points. The Nasdaq Composite Index fell 0.56% to 11816.2 points.
In all, the Dow Jones lost 3.9% in August, the S&P ...
US economy
United States GDP fell by 0.6% year-on-year in the second quarter of 2022, an upward revision of 0.3 percentage points compared with the July estimate. This follows data released by the US...
US economy
Key indices on the New York Stock Exchange are rising in the first minutes after opening trading on Thursday, despite a 0.9 per cent year-on-year decline in US GDP.
The Dow Jones Industrial Average...
Report from Bank of America
Bank of America's profit for the second quarter of this year fell by 32% compared to the same period in 2021. Such data are given in the bank's quarterly financial results report published on Monday.
The second-largest U...
Price declines
The retail price of gasoline at filling stations in the US fell nine cents a gallon (3.785 litres) over the week due to a temporary drop in demand. This is evidenced by data from the American Automobile Association, which tracks rates...
Tuesday trading
US stock indices closed mostly negative, a day before the Fed's expected 75 basis point rate hike. The Dow-30 and S&P500 fell for the fifth straight day, the longest streak since January.
At the close on the New York Stock Excha...
Schedule for the week
US indices fell sharply on Friday, posting their biggest weekly percentage decline since January, as a rise in US consumer prices in May heightened investor fears of an aggressive in...
Last trading day of the week
US indices fell sharply on Friday, posting their biggest weekly percentage decline since January, as a rise in US consumer prices in May heightened investor fears of an aggressive interest rate hike by the Federal Reserv...
Last day of trading
Three major Wall Street stock indexes closed lower on Friday after a jobs report dashed hopes of a pause in monetary policy tightening by the Federal Reserve, which is needed to curb inflation, the highest in decades.
At the clo...
Schedule for the week
The US stock market this week will react to the release of important economic data on inflation in April, imports and exports as well as the OPEC report.
Stocks in the US stock market start the week lower as investors react to...
Stock market on Thursday
The US Dow Jones Industrial Average suffered its worst fall since early 2022 by the close of trading on Thursday.
The Dow Jones lost 1,063.09 points (3.12%) in the trading session, falling...
Reporting week
This week looks to be a busy one for investors after a long weekend. This week will have plenty of big earnings and key housing market data.
Monday
On Monday, expect reports from: Bank of America, Charles Schwab, The Bank Of New Yor...
Last day of trading this week
US stock indices fell slightly on Friday as investors continued to digest policy signals from the Federal Reserve.
The Dow Jones Industrial Average index fell 63.46 points to 34,520.11, while the S&P 500 and Nasdaq...
After the close of trading on Thursday
The New York Stock Exchange closed Thursday with key indices rising as the US Federal Reserve (Fed), the country's central bank, prepared to raise interest rates to combat inflation in the country.
The Dow Jon...
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