Fed seen holding policy steady
US equities rallied on Wednesday while elections resulted in divided Congress as Democrats took control of the House and Republicans strengthened their control of the Senate. The S&P 500 rallied 2.1% to 2813. The Dow Jones industrial average gained 2.1% to 26180...
SP500, Dow rise while Nasdaq slips
US equities moved higher on Monday with focus turning to midterm congressional elections. The S&P 500 added 0.6% to 2738.31. Dow Jones industrial rose 0.8% to 25461.70. The Nasdaq composite index however lost 0.4% to 7328.85 led by Apple down another 2.8%. The...
Trump tweets had “very good conversation with President Xi Jinping”
US equities advance continued on Thursday supported by President Trump’s upbeat tweet on trade talks with China. The S&P 500 rose 1.1% to 2740.37. Dow Jones industrial average gained 1.1% to 25380.74. The Nasdaq composite...
US three main indices end month lower
US equities extended gains on Wednesday supported by better than expected corporate reports and economic data. The S&P 500 gained 1.1% to 2711.68. The Dow Jones industrial average added 1% to 24583.42. Nasdaq composite index rallied 2% to 7305.90 led by...
Trump says US deal with China “has to be great”
US equities rebounded on Tuesday after President Trump’s late Monday comment the US “will make a great deal with China and it has to be great, because they’ve drained our country.” The S&P 500 gained 1.6% to 2682.63. Dow Jones industrial average...
Dollar strengthens while inflation moderates
US stock market remained in downturn mode on Monday on news US is ready to impose tariffs on China if trade talks fail. The S&P 500 slid 0.7% to 2641.25. Dow Jones industrial fell 1% to 24442.92. The Nasdaq composite index lost 1.6% to 7050.29. The...
Nasdaq halts 5-session win streak
US stock market extended losses Thursday in thin trading. The S&P 500 lost 0.2% to 2856.98 with ten out of 11 sectors finishing in negative territory. Dow Jones industrial average fell 0.3% to 25656.98. The [URL deleted] Nasdaq composite slid 0.1% to 7878.46...
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