Dollar strengthens despite weaker than expected data
US stock market extended gains on Friday as the US and China moved closer to a trade deal ahead of the March 2 deadline when tariffs on $200 billion in Chinese goods should increase to $25% from 10%. S&P 500 advanced 0.7% to 2803.69, closing...
Dollar rises as trade deficit tumbles
US stock market pulled back on Wednesday. The S&P 500 slid 0.2% to 2731.62 led by energy and communication-services shares. The Dow Jones industrial average slipped 0.1% to 25390.30. Nasdaq composite index fell 0.4% to 7375.28. The dollar strengthening...
Dollar strengthens despite slower services expansion
US stock market extended gains on Tuesday on upbeat corporate reports. The S&P 500 added 0.5% to 2737.70. Dow Jones rose 0.7% to 25411.52. The Nasdaq gained 0.7% to 7431.50. The dollar strengthening continued despite Institute for Supply...
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Dollar falls as Powel says Fed can wait
US stock market rallied on Wednesday as Federal Reserve held rates unchanged at a range of 2.25% to 2.50% and said it would be “patient” in determining whether to proceed with further tightening of monetary policy. The S&P 500 gained 1.6% to 2681.05. The...
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Fed expected to keep rates unchanged
US stock market ended mostly lower on Tuesday as weak data signaled slowing pace of US economic expansion. The S&P 500 slipped 0.2% to 2640. Dow Jones however rose 0.2% to 24579.96 led by Pfizer and 3M. The Nasdaq dropped 0.8% to 7028.29. The dollar...
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Fed two-day policy meeting starts
US stock market pulled back on Monday on disappointing earnings reports despite positive economic data. The S&P 500 lost 0.8% to 2643.85. Dow Jones industrial slid 0.8% to 24528.22 led by 9% drop in Caterpillar on missed earnings. The Nasdaq composite index...
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Dollar falls on report Fed might stop balance sheet reduction
US stock market extended gains on Friday as President Trump and Democratic leaders agreed to reopen the government until February 15. S&P 500 advanced 0.9% to 2664.76, closing 0.2% lower for the week. Dow Jonesindustrial rose 0.8% to...
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Blue chip shares lead US equities higher
US stock market resumed advancing on Wednesday led by blue chip shares after upbeat earnings reports. The S&P 500 gained 0.2% to 2638.70. The Dow Jones industrial average advanced 0.7% to 24575.62. Nasdaq composite index added 0.1% to 7025.77. The dollar...
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Dollar slips as home sales decline
US stock market snapped 4-session winning streak on negative implications of slower China’s growth data to global growth outlook. The S&P 500 fell 1.4% to 2632.90. Dow Jones lost 1.2% to 24404.48. The Nasdaq dropped 1.9% to 7020.36. The dollar weakening...
Dollar strengthening resumes
US stock market was closed for Martin Luther King day on Monday. Stock futures pulled back yesterday as slower Chinese growth report spurred global growth concerns. The S&P 500 futures fell 0.6% to 2656.50. Dow Jones industrial futures slid 0.6% to 24538. The Nasdaq...
Dollar strengthens while wholesale inflation keeps pace
US stock market resumed advancing on Tuesday as technology shares rallied after Netflix announced it would raise US prices by 13% to 18%. The S&P 500 rose 1.1% to 2610.30. Dow Jones gained 0.7% to 24065.59. The Nasdaq climbed 1.7% to...
Dollar weakening slows
US stock market edged higher on Tuesday closing off session highs. The S&P 500 inched up 0.01% to 2546.16. Dow Jones added 0.4% to 23675.64. The Nasdaq gained 0.5% to 6783.91. The dollar weakening slowed ahead of Federal reserve’s expected decision today to raise interest...
Dow joins SP 500 and the Nasdaq in correction territory
US stock market retreat continued on Monday ahead of Federal Reserve two-day policy meeting starting today. The S&P 500 lost 2.1% to 2545.94. Dow Jones industrial fell 2.1% to 23592.98. The Nasdaq composite index dropped 2.3% to 6753.73...
Dollar strengthens on strong data
US stock market extended losses on Friday amid concerns global growth risks are rising with no indication US and China trade dispute will be resolved soon. S&P 500 lost 1.9% to 2599.95, closing 1.2% lower for the week. Dow Jones industrial average fell 2% to...
Dollar weakens as inflation slows
US stock market ended higher on Wednesday supported by news China is prepared to allow foreign corporations greater access to the Chinese market. The S&P 500 added 0.5% to 2651.07. The Dow Jones industrial average rose 0.6% to 24527.27. Nasdaq composite index...
Dollar strengthening resumes
US stock market rebounded on Monday as positive data supported confidence in US economic health. The S&P 500 gained 0.2% to 2637.72. Dow Jones industrial added 0.1% to 24423.26. The Nasdaq composite index rose 0.7% to 7020.52. The dollar turned sharply higher as US...
Dollar weakens after jobs report
US stock market extended losses on Friday amid US-China trade prospects uncertainty. S&P 500 fell 2.3% to 2633.08, closing 4.8% lower for the week. Dow Jones industrial average lost 2.2% to 24388.95. The Nasdaqdropped 3.1% to 6969.25. The dollar weakening...
Dollar weakens on soft data
US stock market ended lower on Thursday paring earlier sharp losses as traders wondered what would be the impact of a Huawei executive arrest on US-China relations. The S&P 500 lost 0.2% to 2695.95. The Dow Jones industrial average slid 0.3% to 24947.67. Nasdaq...
Dollar strengthening continues
US stock market is poised to reopen sharply lower today after a day-off on Wednesday for the funeral of the former President George H.W. Bush. Futures on US stock indexes plunged after news Canada arrested a top executive of Chinese telecom giant Huawei...
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Dollar strengthens as yield curve inverts
US stock market slumped on Tuesday wiping prior session gains spurred by US-China trade tensions easing after Trump-Xi meeting over the weekend. The S&P 500 dropped 3.2% to 2700.06 led by finance and industrial shares.Dow Jones industrial average...
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