Daily Market Blog

S&P 500 hits 2023 closing high as Powell strengthens peak rate bets..... U.S. stocks rallied and the S&P registered its highest close of the year on Friday, starting December on an upbeat note as remarks from Federal Reserve Chair Jerome Powell bolstered the...

Stock indexes show biggest monthly gain since Nov 2020..... MSCI'S global stock index rose on Thursday while the Dow closed at its highest level since mid-January 2022, and bond yields and the dollar gained after Federal Reserve officials sounded caution about...

S&P 500 wobbles to lower close on mixed Fed messages, strong GDP data..... U.S. stocks edged lower on Wednesday as a robust upward GDP revision eased recession fears, while Federal Reserve officials' remarks raised questions about the duration of the central...

Wall St ends mixed in truncated Black Friday trading..... U.S. stocks ended little changed in holiday-shortened trading on Friday, with low volume and conviction as investors watched the start of the seasonal shopping season for signs of consumer resiliency. The...

Wall Street climbs before holiday; investors optimistic Fed done hiking rates..... U.S. stocks ended higher on Wednesday on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. Economic reports on jobless...

US STOCKS - Wall St stays lower after Fed minutes; retailers weak..... The S&P 500 stayed lower on Tuesday afternoon after minutes from the latest Federal Reserve meeting showed officials agreed to take a cautious approach to raising U.S. interest rates going...

US STOCKS - Nasdaq leads Wall Street gains as Microsoft hits record..... Wall Street's three major stock averages closed higher on Monday with Nasdaq's 1% rally leading the charge as heavyweight Microsoft hit a record high after it hired prominent artificial...

Wall Street barely gains as traders digest earlier gains, Fed comments..... Wall Street's three major indexes edged up slightly on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded the outlook about when the U.S. central...

DOW dips, rally takes breather as Cisco and Walmart drag..... The Dow Jones Industrial Average closed down slightly on Thursday, with pressure from Cisco and Walmart after disappointing forecasts. Shares of Cisco Systems tumbled as the communications and networking...

Wall St jumps as data supports view Fed may be done hiking rates..... U.S. stocks closed sharply higher on Tuesday, led by the Nasdaq, as softer-than-expected inflation data supported the view that the Federal Reserve may be done raising interest rates. The...