SP500 falls despite strong data
US stock market snapped three session winning streak Friday despite positive data. The S&P 500 lost 0.6% to 2859.53, ending 0.8% lower for the week notwithstanding announcement US and Canada reached a deal to end tariffs on aluminum and steel products from...
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Dollar weakening stalls despite soft data
US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing...
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Dollar strengthens on strong home sales data
US stock market ended sharply lower on Friday as the spread between three-month and 10-year yields turned negative. S&P 500 fell 1.9% to 2800.71, closing 0.8% lower for the week. Dow Jones industrial fell 1.8% to 25502.32. The Nasdaq dropped 2.5% to...
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Stocks fall and dollar weakens after dovish Fed
US stock market continued retreating on Wednesday led by bank shares after dovish Fed decision. The S&P 500 slid 0.3% to 2824.23. The Dow Jones industrial average fell 0.6% to 25745.67. Nasdaq composite index however added 0.1% to 7728.97. The...
US stocks end mostly lower
US stock market ended marginally lower on Tuesday as investors risk appetite was undermined by reports China resists to US demands in trade negotiations. The S&P 500 slipped 0.01% to 2832.57. Dow Jones slid 0.1% to 25887.38. The Nasdaq however rose 0.1% to 7723.95...
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Dollar weakens despite retail sales recovery
US stock market rebounded on Monday led by technology shares. The S&P 500 advanced 1.5% to 2783.30. Dow Jones industrial gained 0.8% to 25650.88. The Nasdaq composite jumped 2% to 7558.06. The dollar weakening accelerated despite data showing above...
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Dollar weakens after weaker than expected jobs data
US stock market extended losses fifth session in a row on Friday with weak labor market and China export data undermining market sentiment. S&P 500 slid 0.2% to 2743.07, closing 2.2% lower for the week. Dow Jones industrial slipped 0.1% to...
US stocks fell amid failed negotiations between US and DPRK leaders on Thursday
Donald Trump and Kim Jong-un did not agree to conclude a deal for North Korea to abandon nuclear technology in exchange for economic assistance. Their negotiations ended even 2 hours earlier than planned. Investors...
There was no single trend in the US stock market
The S&P 500 and Dow Jones decreases yesterday whereas Nasdaq 100 gained. Quotations of the Best Buy electronics retail chain rose by 14% due to an increase in sales and its plans to increase dividends and buy back some of its shares. Today...
All US stock indices rose due to the success in US-China trade negotiations
The Dow Jones industrial average and Nasdaq rose for the 8th consecutive week. This week, the US-China trade negotiations will continue in Washington. Previously, they were held in Beijing. White House press secretary...
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 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 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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