Stocks Fall After the Release of GDP Data
U.S. stocks declined on Thursday as investors digested the latest round of GDP data. Estimates on Thursday showed that the U.S. economy's GDP for the second quarter came in at an unchanged 2.1%.
The tech-heavy Nasdaq Composite index declined by around 0.3%, while the...
Dollar and Stocks Steady as Bonds Ease From Record Highs
The U.S. dollar and stocks in New York stabilized on Wednesday, while U.S. Treasury Yields retreated from their 16-year high, easing pressure on the economy. Derek Halpenny, head of global markets research at MUFG Bank Ltd., observed: "If yields continue to move higher, at...
Futures Rise Ahead of Fed Rate Decision
U.S. futures rose on Wednesday as the Federal Reserve continues to hold its September policy meeting. The central bank is due to announce its latest interest rate decision later on in the day, while Fed Chair Jerome Powell is slated to deliver an address....
Stocks Close Mixed as Attention Turns to Fed Meeting
Stocks closed relatively mixed on Monday evening as Wall Street braces itself for the Federal Reserve's policy meeting this week. The S&P 500 rose by approximately 0.07% and the Dow Jones edged 0.02% higher, while the Nasdaq Composite Index finished the day just 0.01%...
Stocks Mixed Ahead of Fed Meeting
Stocks remained mixed on Monday morning as markets braced themselves for the Federal Reserve's upcoming policy meeting where the central bank will discuss its next interest rate decision. The S&P 500 edged 0.06% higher, while the Dow Jones Industrial Average slipped by 0.03% and...
Stocks Mixed Ahead of ECB Decision
European and US stocks were mixed on Thursday as investors braced themselves for the European Central Bank's interest rate policy decision due later in the day. The Stoxx Europe 600 index edged just 0.1% higher, while stateside, S&P 500 futures rose 0.2%. Futures on...