S&P 500 ends down as Apple dips and traders eye Jerome Powell speech

S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by Federal Reserve Chair Jerome Powell. Powell is due to speak at a Brookings Institution event on Wednesday about the outlook for the U.S. Economy and the labor market. Investors will be looking for clues about when the Fed will slow the pace of its aggressive interest rate hikes.
#JeromePowell #Apple #500 #News #Business #Markets

8 hours ago

Wall Street ends down sharply, hit by Apple and China worries

S&P 500 declined 1.54% to end the session at 3,963.95 points. Nasdaq Composite Index declines 1.58% to 11,049.50 points. Dow Jones Industrial Average fell 1.45% to 33,849.46 points. Shares of Pinduoduo Inc (PDD.O) surged 12.6% after Chinese e-commerce platform beat estimates for third-quarter revenue.
#S&P #500 #NasdaqCompositeIndex #WallStreet #News #Business #Markets


Inflation: How high-interest rate cycles impact the stock markets - The Economic Times

A fall in interest rates lowers the yield on bonds and increases it for equities. The higher the interest rate, the greater the negative effect on the equities, and vice versa. The S&P500 grew at a CAGR of 7.6% for 20 years, even after factoring in the 16% fall during the year.
#TheEconomicTimes #500 #News #Business #Markets

4 days ago

Market pro names stocks that could do well with margins under pressure

Patrick Armstrong, chief investment officer at Plurimi Wealth, believes this is the biggest risk for equities looking ahead. He said that market expectations for S & P 500 earnings next year looked too high, given the looming pressures. Armstrong's fund beat the MSCI World index to rise 8.2% in October.
#PatrickArmstrong #PlurimiWealth #500 #News #Business #Economy

5 days ago

S&P 500 ends higher, led by defensive shares

The Dow Jones Industrial Average rose 199.37 points, or 0.59%, to 33,745.69, the S&P 500 gained 18.78 points to 3,965.34. The Nasdaq fell 1.6% for the week, while the Dow was basically unchanged. Gay dating app Grindr skyrocketed about 214% in their market debut.
#500 #DowJonesIndustrialAverage #News #Business #Markets

1 weeks ago

S&P 500 slips, dragged down by energy, tech weakness

The Dow Jones Industrial Average rose 15.8 points, the S&P 500 lost 6.78 points, or 0.17%, Nasdaq down 0.63% Shares of gay dating app Grindr skyrocketed some 270% in their market debut after the company completed its merger with a special-purpose acquisition company.
#Reuters #500 #DowJonesIndustrialAverage #News #Business #Markets

1 weeks ago

Stock market news live updates: Stocks advance but head toward weekly losses

The S&P 500 (^GSPC) rose 0.4%, while the Dow Jones Industrial Average (^DJI) added 180 points, or 0.6%. Treasury yields continued their ascent, with the benchmark 10-year note back above 3.8% and the rate-sensitive 2-year yield inching towards 4.5%.
#Treasury #500 #DowJonesIndustrialAverage #News #Business #Markets

1 weeks ago

A crucial moment for equities in the final stretch of the week

The S&P 500 failed to firmly clear 4,000 and the 61.8 Fib retracement level at 4,006 on the daily chart. If we do see buyers fail to keep a defense of the 100-day moving average, that might invite softer sentiment in the week ahead. The dollar at a checkpoint will be crucial in determining what comes next for the currency.
#Forexlive #500 #News #Business #Markets

1 weeks ago

Wall Street opens higher after wholesale inflation eases in US, Nasdaq up 2.5%

S&P 500 index was up 1.7% in the early going Tuesday and the tech-heavy Nasdaq was up 2.5%. The Dow rose 1.1% Tuesday. The government reported another decline in the pace of wholesale price inflation last month.
#500 #Nasdaq #WallStreet #News #Business #Markets

2 weeks ago

S&P 500 Stalls at Resistance on Cautious Mood

Despite Monday’s pullback, expectations that the Fed will downshift to a slower pace of interest rate increases should create a constructive backdrop for stocks. The S&P 500 fell 0.89% to 3,957 after stalling at a key Fibonacci resistance near the psychological 4,000 level. The Nasdaq 100 declined 0.98% to 11,700, dented by heavy selling in Microsoft (MSFT) and Amazon (AMZN) stocks.
#S&P #StockMarketRally #500 #News #Business #Markets

2 weeks ago

Stock futures fall following the S&P 500's best week since June

The S&P 500 rallied 5.9% last week for its best week since June. Investors cheered a lighter-than-expected inflation reading, betting that the Federal Reserve would soon slow its aggressive tightening campaign. The Cboe Volatility Index, known as Wall Street's fear gauge or the VIX, fell 1 point to 22.5, hitting the lowest level since August.
#FederalReserve #500 #Cboe #WallStreet #News #Business #Markets

2 weeks ago

Nasdaq, S&P 500 end sharply higher, fuelled by inflation optimism

S&P 500 climbed 0.93% to end the session at 3,993.05 points. Nasdaq gained 1.88% to 11,323.33 points, while Dow Jones Industrial Average rose 0.10% to 33,749.18 points. Amazon jumped 4.3%, with Apple and Microsoft both up more than 1% and contributing to the Nasdaq's gain.
#Amazon #Nasdaq #500 #News #Business #Markets

2 weeks ago

Stock Market News Today: S&P 500 Has Best Week Since June

The S&P 500 marked its best weekly gain since in June, aided by cooler October inflation. China eased quarantine requirements for travelers coming into the country who tested positive for coronavirus. Bitcoin and other cryptocurrencies fell after FTX filed for bankruptcy, with Sam Bankman-Fried stepping down as CEO.
#SamBankmanFried #S&P #500 #China #News #Business #Markets

2 weeks ago

Apple Smashes Amazon's Record As iPhone Maker's Stock Rallies After Inflation Data - Apple (NASDAQ:AAPL) - Benzinga

AAPL stock outperformed the S&P 500's 5.54% climb and the tech-heavy Nasdaq Composite’s 7.35%. Shares gapped up at the open after a Labor Department report showed annual headline inflation slowed from 8.2% in September to 7.7% in October.
#Apple #500 #News #Business #Markets

2 weeks ago

Wall Street ends sharply higher on sign of cooling inflation

S&P 500 (.SPX) and Nasdaq (.IXIC) jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation in October sparked speculation the Federal Reserve might become less aggressive with interest rate hikes. One-time Wall Street darlings tarnished in 2022's bear market were among Thursday's strongest performers.
#S&P #500 #Nasdaq #WallStreet #News #Business #Markets

2 weeks ago

Stock Market Outlook: October CPI Could Spark a 6% Move in the S&P 500

The bank ran a scenario analysis and said a big miss or beat could move the S&P 500 up or down as much as 6%. Analysts expect the report to show a year-over-year increase of 7.9%, a decline from September's 8.2% reading.
#S&P500 #500 #News #Business #Economy

2 weeks ago

S&P 500 Could Plunge Another 30%, US Faces Historic Recession: Roubini

The economist predicted stubborn inflation, lower growth, and headaches caused by huge amounts of debt. If that pattern holds, the benchmark stock index will extend its 21% decline this year, and sink below 3,400 points.
#S&P #500 #News #Business #Economy

3 weeks ago

Nasdaq, S&P and Dow slide, yields jump as market comes to grips with Fed's hawkish tone

ComP.IND is -0.8%, the S&P 500 lost 0.6%, and the Dow (DJI) has slid 0.4%. The 10-year Treasury yield (US10Y) is up 10 basis points to 4.15%, having hovered around 4% before the Fed decision.
#S&P #Nasdaq #Dow #News #Business #Markets

3 weeks ago

US Stock Market News: Dow Jones falls 128 points, Nasdaq drops 114 points, S&P500 ends in red as focus shifts to Fed meeting

A global stock index fell and U.S. Treasury yields edged up on Monday as investors prepared for the u.s. Federal Reserve to stick with its aggressive approach to raising interest rates. The dollar advanced across the board, with the Dow's percentage gain in October its strongest for any month since 1976. Investors are expecting another 75 basis-point rate hike by the bank of England later this week.
#S.Treasury #Dow #DowJones #England #News #Business #Economy

4 weeks ago

Futures fall as investor hopes for a less hawkish Fed wobble

Futures down: Dow 0.44%, S&P 0.52%, Nasdaq 0.69% at 6:06 a.m. ET. Dow e-minis were down 146 points, S.S&P 500 down 20.5 points and Nasdaq down 80.25 points. Shares of shares of Microsoft, Google and Alphabet that disappointed investors with their earnings reports last week fell between 0.7% and 1% premarket.
#Fed #Dow #Nasda #News #Business #Markets

4 weeks ago