Stocks rose Tuesday as Wall Street shook off a surprise move from the Bank of Japan that sent global bond yields up. Investors also overlooked fears that a year-end rally may not come to pass. The Dow Jones Industrial Average rose 228 points, or 0.70%. […]
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Stocks fall on hotter-than-expected November jobs report
Stocks slid Friday as investors digested stronger-than-expected labor data, which worried investors looking for signals that the Federal Reserve can soon begin slowing interest rate hikes. The Dow Jones Industrial Average dropped 121 points, or 0.4%. The S&P 500 lost 0.6%, while the Nasdaq Composite […]
Stock futures tick higher ahead of key Fed policy decision
Stock futures rose marginally Wednesday as investors brace for the Federal Reserve’s latest policy decision at the conclusion of its meeting. S&P 500 futures and Nasdaq 100 futures each traded just 0.1% higher. Futures tied to the Dow Jones Industrial Average advanced just 3 points. […]
European markets open lower as UK political chaos continues
Adidas shares down 7.2% after profit warning Shares of Adidas have dropped 7.2% in early trade after the company issued a 2022 profit warning. Puma is also trading around 4% lower following the Adidas announcement. — Hannah Ward-Glenton European markets: Here are the opening calls […]
Stocks reverse some gains after a sharp two-day rally on Wall Street, Dow falls 300 points
U.S. stocks fell on Wednesday, giving back some of its sharp gains from the last two sessions as Treasury yield rose. The Dow Jones Industrial Average declined 321 points, or 1.1%. The S&P 500 and Nasdaq Composite dipped 1.4% and 1.8%, respectively. Treasury yields rebounded […]
Dow rises in volatile trading ahead of the Fed’s next rate hike
The Dow rose marginally higher Monday in a volatile trading session ahead of the Federal Reserve’s two-day policy meeting that kicks off Tuesday, where the central bank is widely expected to hike rates by another 75 basis points. The Dow Jones Industrial Average last traded […]