After four consecutive days of heavy losses, the U.S. stocks bounced back in a big way on Wednesday. The reversal of fortunes was prompted by President Donald Trump's announcement about a 90-day pause on sweeping reciprocal tariffs he imposed last week.
"I have authorized a...
The U.S. stocks continued to sink on Friday and capped off the week with the worst performance since 2020. Blue chip Dow Jones Industrial Average crashed more than 2,200 points to close in the correction territory while tech-heavy Nasdaq Composite entered the bear market.
The...
After a rough start to the week, U.S. stocks showed signs of recovery on Wednesday. Nasdaq Composite and S&P 500 closed in the green, while the Dow Jones Industrial Average extended its losses.
Tech-heavy Nasdaq performed even better, rising by 1.22% or 212.35 points for...
The U.S. stock market continues to be resilient amid the possibility of further changes to tariff policy and indications that the Federal Reserve intends to remain patient with further interest rate cuts. Benchmark S&P 500 closed at an all-time high for the second straight...
The Consumer Price Index (CPI) rose slightly above expectations in December, but showed an encouraging trend in underlying inflation.
The CPI increased by 0.4% on a seasonally adjusted basis in the last month of 2024 compared to a 0.3% jump in November while putting the...
U.S. stocks dipped on Friday amid a surprising jobs report that will likely cause the Federal Reserve to proceed cautiously with interest rate cuts. All three major indexes—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—finished the week in the red.
Benchmark S&P 500...
