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CHUCK MIKOLAJCZAK
S&P 500 ends lower, AI stocks buoy NasdaqThe S&P 500 closed lower as financial stocks declined, while the Nasdaq saw gains driven by AI-related companies like Nvidia and Alphabet. ...- Dollar falls for second straight session, Korea's won rises versus greenbackThe U.S. dollar fell on Wednesday, adding to a drop in the prior session after weaker-than-expected U.S. consumer inflation data as investo...
- Wall St Week Ahead: 'Crowded' megacap trade in US stocks awaits earnings testTesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the M...
- S&P 500 closes higher to secure strongest Q1 since 2019Each of the three main U.S. indexes recorded solid quarterly gains, led by a climb of 10.16% for the S&P 500, aided by optimism over artifi...
- US equities subdued after strong week, investors assess Fed rate pathLast week, the Fed maintained its guidance for three interest-rate cuts this year, and the S&P 500 and Dow had strong gains while the Nasda...
- US equities close slightly lower as focus shifts to data"The jobs report is another week away so eyes are kind of turning Thursday to PCE price index rather than anything else. There is a lot mor...
- US yields surge after inflation data alters Fed viewThe consumer price index (CPI) increased 0.3% last month after gaining 0.2% in December amid a surge in the cost of shelter, the Labor Depa...
- Dollar poised for weekly gain as rate cut hopes fadeThe dollar index, which tracks the greenback against a basket of six currencies, was up 0.08% at 103.43, on pace for its sixth straight day...
- US yields dip after data, Fed commentsThe S&P CoreLogic Case-Shiller national home price index posted a 3.9% increase in September on an annual basis, below the 4.0% estimate bu...
- Dollar down after data but set for ninth straight weekly climbThe greenback continued to strengthen against the yen, after the Japanese currency had a sharp move higher versus the dollar earlier in the...
- Dollar lower after data but set for ninth straight weekly gainEarlier data from the Labor Department showed import prices increased 0.5% last month as fuel prices jumped, but underlying price pressures...
- US yields lose steam after payrolls reportU.S Treasury yields fell on Friday as investors were calmed by data revealing the country's labour market growth, thereby alleviating conce...
- Wall St slips on debt ceiling uncertaintyUS stocks closed lower on Friday after negotiations to raise the US debt ceiling in Washington were paused, denting optimism for a deal. Th...
- Wall Street rallies to end higher on Alphabet, Netflix liftShares of Netflix Inc jumped 8.46% as the streaming company added more subscribers than expected in the fourth quarter and said co-founder ...
- Wall Street rallies after BofA results, UK reversalThere is better sentiment around what is happening in the UK, financials earnings are being supported by a number of factors, better net in...
- Dow Jones, S&P 500 close at records as US infrastructure bill clears SenateAMC Entertainment gave up early gains and ended the session 6.07% lower even after beating second-quarter revenue estimates as moviegoers r...
- Wall Street ekes out gain as weekly jobless claims fallThe number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restri...
- Wall Street edges up with US bond yields in checkTrading volumes are likely to lessen heading into the extended Memorial Day holiday weekend, which could exacerbate price moves.
- Dow ends higher but Wall Street posts 2nd straight weekly drop on tech slideThe tech sector posted its fifth decline in six days and biggest weekly percentage decline since March as investors sold companies such as ...
- Wall Street still sees Fed on pace for one rate hike, in December: Reuters pollEconomists for 13 out of 14 primary dealers who responded to a Reuters poll said they expect the Fed to lift the benchmark short-term inter...
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