DOW Financial News

Nasdaq and the benchmark S&P 500 opened higher on Friday as a report closely watched by the Federal Reserve showed inflation moderating in line with expectations, strengthening hopes for early interest rate cuts this year. The Dow Jones Industrial Average fell 71.67 points, or 0.18%, at the open to 39,092.39. The S&P 500 opened higher by 5.61 points, or 0.10%, at 5,488.48, while the Nasdaq Composite gained 32.41 points, or 0.18%, to 17,891.10 at the opening bell.

Stocks inched higher on Wall Street as markets wait for a key report on inflation

Wall Street pointed toward a modestly higher open as markets looked ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates

Stocks are barely budging on Wall Street as markets wait for a key report on inflation

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 27On Wednesday, the Indian stock market benchmark indices ended at record closing highs, with the Nifty 50 crossing 23,850 for the first time ever, led by banks and heavyweights.The Sensex jumped 620.73 points, or 0.80%, to close at 78,674.25, while the Nifty 50 settled 147.50 points, or 0.62%, higher at 23,868.80.“Overall optimism surrounding the Union Budget, increasing FII inflows, and robust domestic economic data contributed towards the positive movement in the market. We expect the ongoing uptrend to continue further," said Siddhartha Khemka, Senior Group VP, Head - Research, Broking & Distribution, Motilal Oswal Financial Services Ltd.Here are key global market cues for Sensex today:Gift Nifty was trading around 23,800 level, a discount of nearly 70 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.Also Read: Stock market today: 5 stocks in F&O ban list on June 27Asian markets traded lower on Thursday as the Japanese yen weakened to a near 38-year low and ahead of economic data in the region.Japan’s Nikkei 225 fell 0.93% while the Topix declined 0.36%.

Stocks drifted to a mixed close near the all-time highs they set last week

A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records

Stocks are off to a sluggish start on Wall Street as major indexes drift near the all-time highs they set last week

Nasdaq rallied 1.3% on Tuesday, buoyed by strength in Nvidia and other tech megacaps, while the Dow slipped as retailers weighed and investors waited for crucial inflation data due out this week. AI chip firm Nvidia climbed 6.8%, bouncing back after a three-session sell-off, and the broader chip sector outperformed with the Philadelphia Semiconductor index adding 1.8%.

Sensex surged 712.44 points, or 0.92%, to close at 78,053.52, while the Nifty 50 settled 183.45 points, or 0.78%, higher at 23,721.30.“After the last few range bound sessions, investors placed bullish bets on banking and select frontline IT stocks which helped benchmark indices scale fresh highs even as the majority of the sectors ended in red. Most of the private banking stocks had missed the upsurge seen in recent weeks and hence there was a flurry of activity in the financial space ahead of the monthly expiry on Thursday," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.Also Read: Weekly picks: Motilal Oswal suggests these three stocks to buy today predicting up to 9% upsideHere are key domestic and global market cues for Sensex today:Asian markets traded mostly lower on Wednesday tracking mixed cues overnight from US stocksJapan’s Nikkei 225 rose 0.26%, while the Topix fell 0.17%.

Another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

Sensex declined 269.03 points, or 0.35%, to close at 77,209.90, while the Nifty 50 settled 65.90 points, or 0.28%, lower at 23,501.10.“The market is expected to trade sideways next week due to the absence of strong buying or selling triggers. While the underlying sentiment remains bullish, dips might attract opportunistic buying, which could support the market.

U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run

U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run

Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which dragged down the technology sector. Technology was the biggest loser among the 11 major S&P 500 sectors, weighed by Nvidia, while communication services led the gain.

Nasdaq and the S&P 500 slipped at the open on Friday, with focus on business survey data for more clues on the health of the world's largest economy. The Dow Jones Industrial Average rose 73.75 points, or 0.19%, at the open to 39,208.51.

Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. It drew closer to the 160 yen area that prompted Tokyo to intervene in late April to support its currency.

U.S. stock indexes edged back from their records, weighed down by a rare dip for Wall Street darling Nvidia, following a mixed set of reports on the economy

Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company