On Wednesday, May 16th, U.S. stock markets closed significantly higher, with major indexes reaching record highs. The S&P 500 and Nasdaq each climbed over 1% following lower-than-expected consumer inflation, which fueled hopes for Federal Reserve rate cuts. Technology stocks led the gains, pushing the Dow closer to the 40,000 mark. According to the economic data, April U.S. consumer prices rose 0.3% month-over-month, down from 0.4% in March and below market expectations of 0.4%. Annual inflation
Asia And Europe Markets Mixed, Gold Hovers Around $2,350 - Global Markets Today While US Slept yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
On Wednesday, November 29th, U.S. stock markets closed mixed amid easing recession worries and uncertainty over the Fed's policy duration, with investors awaiting the PCE inflation report. In economic data, U.S. Q3 economic growth outperformed at 5.2%, surpassing expectations, while the October trade deficit widened to $89.8 billion from $86.8 billion in the prior month. In the S&P 500, real estate and financial sectors saw the biggest gains, while communications services fell 1.1%, with Microso
On Friday, November 11th U.S. stock markets closed higher, spurred by tech giants amid easing Treasury yields, with investor focus on next week's inflation and economic updates. In economic data, the University of Michigan's consumer sentiment fell to a six-month low of 60.4 in November from 63.8 in October, below market expectations of 63.7. All S&P 500 sectors posted gains, with tech leading at 2.6%. The past week saw the Dow increase by roughly 0.7%, while the S&P 500 and Nasdaq advanced by 1
On Monday, October 23, the U.S. stock markets closed mixed as Treasury yields retreated from 5%, and investors turned their attention to upcoming earnings and economic data. Nasdaq closed higher, ending a four-day losing streak. Communication services showed the most significant gain among the S&P 500’s 11 major sectors, while energy shares experienced the most significant percentage decline. The Dow Jones Industrial Average declined by 0.58% to 32,936.41, the S&P 500 was down 0.17% to 4,217.04,