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OLIVER PURSCHE
Why US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks fall as AI worries, oil surge and Fed signals hit marketsWhy US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks ended lower as AI growth fears, oil price surge...
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
S&P 500 PE looks cheap, but high oil prices still pose a threatWall Street has roared back to record highs even as uncertainty over the conflict in Iran lingers, a risk highlighted by a steady drumbeat ...
US stocks today: US stocks end higher as Middle East peace talks lift sentimentOn Thursday, Indian markets experienced a surge in optimism, buoyed by positive movements in U.S. stocks as diplomatic talks reduced tensio...
Wall Street ends sharply lower on penultimate trading day of a strong 2024Wall Street closed in negative territory on Monday in a light-volume session of an eventful year. End-of-year tax positioning, rising Treas...
Wall St ends higher as Fed minutes, jobs data firm rate-cut hopesOn Wednesday, U.S. stocks saw modest gains as investors reacted to a major payroll data revision and awaited minutes from the latest Federa...
Nasdaq, S&P 500 rise with Apple; investors await inflation report, Fed decisionThe S&P 500 and Nasdaq, buoyed by Apple's surge, await the Fed's update. Positive market sentiment follows a strong U.S. jobs report. Gener...
US quarterly earnings to feature big growth in tech-related companiesBig technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming U.S. reporting period, which could...
Fed seen waiting until September to cut ratesU.S. short-term interest-rate futures plunged after the report, which showed the core consumer price index rose 0.4% in March from a month ...
S&P 500 posts record high finish as Oracle jumps, traders keep rate-hike betsShares of Oracle reached a record high, a day after it reported upbeat quarterly results and said it is set to make a joint announcement wi...
US stock market: Wall Street ends slightly higher after mixed Fed statementsAll three major U.S. stock indexes lost momentum as the session progressed, but ended the range-bound session in the green.
US stock market: Wall Street ends sharply higher, powered by earnings momentum; Fed eyedInvestors have shown "less pessimism," Pursche added. "First- and second-quarter calls had a more negative tone. There was anxiety over int...
Dow, S&P 500 fall with Disney; PacWest leads regional banks lowerShares of Walt Disney Co fell 8.7% on Thursday after the company reported that total subscribers to its flagship Disney+ service decreased,...
Wall Street ends sharply lower on bank contagion fearsSVB Financial Group announced it would seek Chapter 11 bankruptcy protection, the latest development in an ongoing drama that began last we...
S&P 500, Dow gain amid inflation concerns, debt ceiling debateBoeing Co provided the biggest lift to the Dow following China's aviation regulator's successful 737 MAX test. The planemaker's shares rose...
Wall Street ekes out gains to close languid weekThe Nasdaq gained the most among the three major indexes, while the bellwether S&P 500 squeaked its way to a second straight record closing...
Dow Jones, S&P 500 languid as meme stock frenzy hogs spotlightShares of the iPhone maker rose 1.9% after sources told Reuters the firm was in early-stage talks with China's CATL and BYD about the suppl...
‘Unprecedented’: Wall Street ponders Goldman’s block-trade spreeSeveral major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in sh...
Dollar edges lower as investors favor higher-risk currenciesRisk appetite was stoked by better-than-expected economic data and expectations that U.S. President Joe Biden's proposed $1.9 trillion coro...
US stocks advance as some states reopen for businessIn afternoon trading, the Dow Jones Industrial Average rose 358.51 points, or 1.51%, to 24,133.78, the S&P 500 gained 41.74 points, or 1.47...