Futures Stall as Markets Await Fresh Inflation Data
Futures on the New York Stock Exchange remained stagnant during early trading on Monday as investors cautiously await inflation data to be released later in the week. With the Consumer Price Index (CPI) set to be released on Wednesday, markets will be waiting to...
Positive Jobs Report Lifts U.S. Stocks
Stocks listed on the New York Stock Exchange continued their recovery on Friday following the March jobs report from the US Bureau of Labor Statistics. The tech-heavy Nasdaq Composite jumped 0.4%, while the S&P 500 gained 0.3%. The Dow Jones Industrial Average edged 0.1%...
Stocks Edge Higher as Fed Chair Confirms Rate Cuts Ahead
Stocks on the New York Stock Exchange closed marginally higher on Wednesday after Federal Reserve Chair Jerome Powell confirmed that the Fed is likely to implement interest rate cuts later this year, thereby boosting investor confidence.
The benchmark S&P 500 edged 0.1% higher, while the...
U.S. Futures Idle as Investors Assess Federal Reserve Outlook
Futures on the New York Stock Exchange remained largely unchanged on Tuesday as investors await further economic data and Federal Reserve Chair Jerome Powell's address on Wednesday before recalibrating their hopes for interest rate cuts later in the year. Futures on the S&P 500...
S&P 500 Hits New Record as Dow Surges
Stocks on the New York Stock Exchange surged on Wednesday to recover from several days of declines. The S&P 500 surged by 0.8% to close at a new record high of 5,248.50. The Dow Jones Industrial Average skyrocketed by 1.2% while the tech-heavy Nasdaq...
U.S. Stocks Pause as Boeing CEO Set to Depart
Stocks on the New York Stock Exchange paused on Monday, taking a breather from their rally last week following news that Boeing CEO Dave Calhoun is set to step down from his role at the end of the year. Shares in the aircraft manufacturer...