The stock market had a mixed close on Wall Street as a highly anticipated report revealed a slight acceleration in inflation last month. The S&P 500 increased by 0.1% to 4,467.44 points. However, the Dow Jones Industrial Average fell by 0.2% to 34,575.53 points. On the other hand, the Nasdaq composite rose by 0.3% …
The stock market closed lower on Tuesday as investors awaited key reports on inflation and the economy. The S&P 500 fell 0.6%, or 25.56 points, to 4,461.90. The Dow Jones Industrial Average slipped 0.1%, or 17.73 points, to 34,645.99. The Nasdaq composite dropped by 1%, or 144.28 points, to 13,773.61. Oracle, a major software …
Financial term S&P 500 written in shiny silver golden repeating words. Trailing-twelve-month (TTM) return on invested capital (ROIC) for the S&P 500 fell quarter-over-quarter (QoQ) in 2Q23. The continuing decline suggests that the corporate sector of the economy is slowing. More importantly, tepid earnings forecasts for 2H23 suggest that ROIC will not move materially higher …
The stock rally for Big Tech companies on Monday helped Wall Street recover about 50% of its losses from the previous week. The S&P 500 increased by 29.97 points, or 0.7%, reaching 4,487.46. This was a welcome change after the market experienced its first losing week in the past three weeks. The Dow Jones …
The stock market experienced a decline on Wall Street, continuing its weak streak during this holiday-shortened week. The S&P 500 dropped 31.35 points, or 0.7%, settling at 4,465.48. Similarly, the Dow Jones Industrial Average fell 198.78 points, or 0.6%, reaching 34,443.19. The Nasdaq composite saw a drop of 148.48 points, or 1.1%, closing at …
Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 experienced a decrease of 0.4%, falling by 18.94 points to 4,496.83. This decline comes after the index achieved its second weekly gain. The Dow Jones Industrial Average also fell by 0.6%, or 195.74 points, to 34,641.97. …
Stocks on Wall Street saw modest gains, helping to recover some of the losses incurred in August. The US economy and job market presented weaker-than-expected readings, causing Treasury yields to fall. The S&P 500 had a fourth consecutive gain, rising 0.4% to 4,514.87. Despite the increase, the index is still down 1.6% for the month. …
Stocks on Wall Street closed higher, driven by two economic reports indicating a cooling economy that may lead the Federal Reserve to pause interest rate hikes. The S&P 500 saw its biggest gain since June, rising by 64.32 points or 1.5% to reach 4,497.63. The Dow Jones Industrial Average also rose by 292.69 points or …
The stock market on Wall Street experienced a significant rally on Wednesday, marking its best day since June. This surge comes as the pressure on stocks from the bond market begins to ease. The S&P 500 saw a 1.1% climb, reducing its losses for August, which has been a disappointing month so far. The …
Wall Street experienced a slight decline on Tuesday, as investors braced themselves for two potentially market-shaking events later in the week. The S&P 500 gave up some of its rare August gains, slipping 0.3% to 4,387.55, while the Dow Jones Industrial Average fell 0.5% to 34,288.83. The Nasdaq composite managed a slight 0.1% increase to …