Wall Street rebounds on lower yields, focuses on Fed path

Join now for FREE unlimited access to Reuters.com Register Energy stocks follow the fall in oil The Fed’s Beige Book indicates that price pressures are still lingering Fed Chairman Powell will speak on Thursday Sept 7 (Reuters) – U.S. stock indices climbed on Wednesday after a recent selloff as bond yields eased, as investors await … Read more

Wall Street ends its busy post-summer session in the red

Join now for FREE unlimited access to Reuters.com Register ISM service sector data beats estimates Bed Bath & Beyond shares sink after death of CFO Wall St emerges from three straight weeks of decline Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s major indexes closed … Read more

Dow up 300 points as ‘Goldilocks’ report shows US added 315,000 jobs in August

U.S. stocks rallied on Friday after data showed the U.S. economy added more than 300,000 jobs last month, perfectly in line with investor expectations. How Stocks Trade The Dow Jones Industrial Average DJIA, +0.52% advanced 332 points, or 1.1%, to 31,999. The S&P 500 SPX, +0.53% rose 45 points, or 1.2%, to 4,015. The Nasdaq … Read more

Wall St falls for 3rd consecutive session on concerns over Fed rate hikes

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 29, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts drive demand July job openings up sharply Dow down 1.02%, S&P 500 down 1.22%, Nasdaq down 1.45% … Read more

EXCLUSIVE US warships making Taiwan Strait crossing, first since Pelosi’s visit – officials

The flags of Taiwan and the United States are placed for a meeting in Taipei, Taiwan March 27, 2018. REUTERS/Tyrone Siu/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 27 (Reuters) – Two U.S. Navy warships are navigating international waters in the Taiwan Strait, three U.S. officials told Reuters, the first … Read more

Wall Street ends well as Powell speech affirms hawkish rate stance

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% … Read more

US stocks generally up as strong economic data bolsters sentiment ahead of Powell speech

U.S. stocks traded mixed midday on Thursday, with the S&P 500 and Nasdaq Composite heading for back-to-back gains after a string of strong economic data as investors awaited news from Federal Reserve Chairman Jerome Powell. How Stocks Trade S&P500 SPX rose 18 points, or 0.4%, to 4,158. Dow Jones Industrial Average DJIA lost 3 points, … Read more

US stocks climb as strong economic data bolster sentiment ahead of Powell speech

U.S. stocks rose on Thursday, with major benchmarks heading for back-to-back gains after a string of strong economic data as investors awaited news from Federal Reserve Chairman Jerome Powell. How Stocks Trade S&P500 SPX rose 18 points, or 0.6%, to 4,163. Dow Jones Industrial Average DJIA advanced 22 points, or 0.1%, to 32,984. Nasdaq Compound … Read more

Dow drops more than 500 points, S&P 500 loses 1.7% as investors question Fed pivot thesis

US stocks slid on Monday on fears that the recent rally was based on an overly optimistic view about the Federal Reserve’s potential to back away from using sharply higher interest rates to fight inflation. How are stocks traded? The S&P 500 SPX, -1.86% fell 71 points, or 1.7%, to 4,156. The Dow Jones Industrial … Read more

Nasdaq falls more than 2% on fear of an aggressive Fed

Amazon and UnitedHealth among bidders for Signify – report AMC plummets as UK’s Cineworld plans to file for bankruptcy Benchmark 10-year US Treasury yield exceeds 3% Indices down: Dow 1.33%, S&P 1.64%, Nasdaq 2.10% Aug 22 (Reuters) – Major Wall Street indexes fell on Monday at the start of the lackluster week as investors worried … Read more