DOW Financial News

Asian shares are trading mixed ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal Reserve will move on interest rates

New York Stock Exchange, US stock market on Thursday witnessed another tepid day in trade as S&P 500 and Dow Jones both fell. Wall street in track for their worst week since April. The S&P 500 slipped 0.3 per cent for a third straight drop, and the Dow Jones Industrial Average lost 219 points, or 0.5 per cent. The Nasdaq composite held up better than the rest of the market and added 0.3 per cent thanks to gains for Tesla and a handful of other Big Tech stocks. The S&P 500 dipped 16.66 points to 5,503.41. The Dow dropped 219.22 to 40,755.75, and the Nasdaq composite rose 43.36 to 17,127.66.

Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April

Stocks lost more ground on Wall Street Wednesday, led by declines in the technology and energy sectors

Global stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

Federal Reserve will lower interest rates. The benchmark S&P 500 index, Nasdaq Composite Index and the Dow Jones Industrial Average recorded their biggest daily percentage declines since early August. Nine out of 11 S&P 500 sectors fell, led by declines in technology, energy, communication services and materials.

U.S. stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy’s health

US stock market's main indexes slid on Tuesday as Wall Street saw the benchmark S&P 500 index, Nasdaq and Dow registering their biggest daily drop since early August. The broad-based S&P 500 shed 2.1 percent to 5,528.93, while Dow Jones Industrial Average fell 1.5 percent to 40,936.93. The tech-focused Nasdaq finished at 17,136.30, down 3.3 percent in the market's first session in September following Labor Day 2024 holiday. Semiconductor shares Nvidia, Advanced Micro Devices and Intel all fell about eight percent or more. Shares of chip stocks were hard hit, with AI heavyweight Nvidia tumbling nearly 10 per cent and Wall Street's chip index the PHLX chip index slumping 8 per cent.

Wall Street's main indexes opened lower on Tuesday as investors moved to the sidelines ahead of a slew of economic data reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year. The Dow Jones Industrial Average fell 73.41 points, or 0.18%, at the open to 41,489.67.

Asian shares are mixed in cautious trading ahead of the Labor Day holiday in the U.S., when stock exchanges will be closed

«Although the market has been on a steady upward trend, momentum has been somewhat lacking, largely due to the underperformance of major banking stocks, which carry substantial weight in the benchmark. And, if we see improved participation from the banking sector, Nifty could break past the 25,500 mark and move toward a new milestone of 26,000,» said Ajit Mishra – SVP, Research, Religare Broking.

US stock market indexes — S&P 500, Dow, and Nasdaq composite — are witnessing broadening rally even as Wall Street will eye key jobs data and the Federal Reserve's expected rate cuts in September after Labor Day 2024 holiday. As the market's fortunes keep rising and falling with big tech stocks such as Nvidia and Apple, investors are also putting money in less-loved value stocks and small caps, which are expected to benefit from lower interest rates. Stocks have also held up after an Nvidia forecast failed to meet lofty investor expectations earlier this week, another sign that investors may be looking beyond tech. The equal weight S&P 500 index, a proxy for the average stock, hit a fresh record this week and is up around 10.5 per cent year-to-date, narrowing its performance gap with the S&P 500.

Federal Reserve will cut interest rates modestly in September. U.S. consumer spending increased solidly in July, suggesting the economy remained strong while prices rose moderately.

Stocks on Wall Street bounced back from a midafternoon fade Friday, and the market closed out its fourth straight winning month with solid gains

Dow Jones rose to a record high but S&P 500 and Nasdaq Composite were flat as US stock market indexes had a mixed showing at Wall Street. The Dow Jones Industrial Average closed at its highest level ever, while S&P 500 index was just below its July record high close as expectations for a September interest rate cut remained robust. S&P 500 gained 0.37 points, or 0.01 per cent, to end at 5,592.55 points, while the Nasdaq Composite lost 37.51 points, or 0.21 per cent, to 17,518.51. The Dow Jones Industrial Average rose 247.74 points, or 0.60 per cent, to 41,336.56. The movements came on the back of data indicating the US economy grew at an annual rate of 3.0 percent in the April to June period — revised upwards from 2.8 percent. The U.S. economy grew faster than initial estimates due to strong consumer spending, the Commerce Department reported, supporting expectations the US is likely to avoid a recession.

Stocks closed with mixed results on Wall Street after some late-day selling

Losses for several big technology companies pulled the stock market lower

The Dow Jones Industrial Average inched up to another record high on a mixed day of trading for Wall Street

The Dow Jones Industrial Average inched up to another record high on a mixed day of trading for Wall Street

New York Stock Exchange. S&P 500 and Nasdaq composite each finished 0.2 per cent higher after drifting between small gains and losses most of the day. The benchmark S&P 500 is now within 0.8 per cent of its record high set last month. The Dow Jones Industrial Average rose 9 points, or less than 0.1 per cent, which was good enough for its second all-time high in two days. The index is on an eight-day winning streak. S&P 500 rose 8.96 points to 5,625.80. The Dow rose 9.98 points to 41,250.50, and the Nasdaq gained 29.05 points to close at 17,754.82. The S&P 500 and Dow have been hovering around all-time highs since last week amid expectations among investors that the Federal Reserve will soon cut interest rates.

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy