According to new data released on Friday, the U.S. Federal Reserve’s preferred inflation gauge accelerated again in August…
Tag: U.S. stocks
Tech stocks drag stock market lower on growth concerns
The U.S. stock market’s main indexes fell on Thursday, extending declines for a third straight session, as investors worried that the…
Fed raises interest rates, pledges more hikes amid rampant inflation; warns of recession
The Fed raised interest rates and indicated it will keep hiking well above the current level as it attempts to tamp down rampant inflation …
Goldman Sachs: Rampant U.S. inflation could cause further 27% drop in the S&P 500
It’s not just that the U.S. Fed is going to be aggressive after the latest shocking U.S. inflation figure, still running at 40-year highs…
Dow plummets 1,200 points on rampant U.S. inflation
U.S. stocks fell sharply on Tuesday, with the Dow plummeting 1,200 points, after a key August inflation report came in hotter than…
Dow futures drop 400 points on hotter-than-expected U.S. inflation
A hotter-than-expected CPI report resulted in a quick reversal in stock futures Tuesday morning. Dow futures, which were…
Wall Street in the red amid rampant inflation, persistent rate hike concerns
Wall Street’s indexes slipped on Tuesday as expectations that the Federal Reserve will keep raising interest rates due to rampant inflation …
Stocks set to extend losses on U.S. inflation, interest rate worries
U.S. stock indexes were set to open lower on Monday on worries over the Fed’s interest rates hikes to combat rampant U.S. inflation in…
U.S. stocks rally to add to weekly gains
On Friday, U.S. stocks moved higher, propelled by better-than-expected earnings and COVID-19 vaccine optimism…
U.S. stocks rise on upbeat earnings ahead of Federal Reserve statement
U.S. stocks rose as a slew of positive earnings updates and hopes for assurances of continued support from the Federal Reserve overshadowed concerns…
U.S. stocks gains on economic recovery hopes
U.S. stocks rose about 1% on Friday with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a recovery in post-pandemic economic…
Tech stocks boost Nasdaq as recovery optimism prevails
Tech shares drove the Nasdaq index higher on Thursday, with U.S. weekly jobless claims dipping below 2 million, bolstering economic recovery optimism …
Stocks jump despite Great Depression-like U.S. job losses
After data on historic U.S. job losses due to the COVID-19 crisis showed they were slightly fewer than feared, major U.S. stock indexes jumped on Friday…
Analyst: Apple Retail Store closures in China pose ‘containable’ risk
Wedbush analyst Daniel Ives says, the Apple Retail Store closures in China likely won’t cause the loss of significant sales…
U.S. stock futures look to rebound as China seeks to curb virus impact
As China took steps to relieve pressure on its economy from the impact of the 2019-nCoV coronavirus, U.S. stock index futures climbed on Monday…
Apple’s budget-friendly ‘iPhone SE 2’ reportedly now in trial production
According to supply-chain sources, Apple is already in trial production of a new budget-friendly “iPhone SE 2.” Mass production set to begin shortly…
Stocks hit hard by rising coronavirus cases, which near 10,000
Stocks are being hit hard by concerns over rising coronavirus cases. The escalating spread of the coronavirus rattled global markets…
U.S. consumer confidence jumps, stocks rise
The Conference Board’s consumer confidence index jumped to 131.6 this month from 126.5 in December. U.S. stocks ticked higher following the data’s release…
U.S. consumer confidence hits 16-year high in boost to economy
Consumer confidence has taken off since the election of President Donald Trump…
U.S. stocks soar as Federal Reserve scales back stimulus
U.S. stocks rallied Wednesday as markets interpreted the Federal Reserve’s decision…
Wall Street slumps in broad decline, Apple selloff pressures Nasdaq
U.S. stocks dropped in a broad decline on Wednesday…
Global stocks surge over U.S. fiscal cliff deal
U.S. stock futures surged as part of a global rally for equities…
U.S. stocks rally on hopes for budget deal
U.S. stocks rallied on Tuesday, buoyed by optimism that negotiations in Washington…
U.S. stocks cut losses as lawmakers voice optimism following ‘fiscal cliff’ talks
Stocks erased their losses as lawmakers voiced optimism on avoiding…
U.S. stocks rise ahead of presidential election results; Why is Apple’s stock missing the Election Day rally?
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher…
U.S. stocks erase gains as optimism over jobs data fades; Apple tumbles 2.1 percent
U.S. stocks erased gains, after an early rally among benchmark indexes…
