DOW Financial News

Investing.com — U.S. stocks were rising after labor market data that suggested the Federal Reserve could hold off on another interest rate increase when it meets on policy next month.

The ongoing year-to-date rally on Wall Street is showing signs of exhaustion amid fresh uncertainty over the Federal Reserve’s outlook for interest rates and as recent data has painted a worrying picture of the economy.

(Reuters) — Wall Street's main indexes opened higher on Friday after a keenly awaited report showed the unemployment rate rose in August and wage growth slowed, spurring expectations that the Federal Reserve could pause its interest rate hikes.

Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling

Investing.com -- The Labor Department's closely-watched monthly jobs report is set to headline the economic calendar on Friday, with the data likely to factor into the Federal Reserve's future interest rate decisions. Meanwhile, a private survey shows that China's factory activity surprisingly expanded in August, as Beijing rolls out fresh measures to help reinvigorate the country's stuttering economy.

Investing.com — The Dow closed lower Thursday, snapping a four-day wining streak as investors weighed up mixed economic showing steady inflation, but still-strong consumer spending ahead of the crucial monthly jobs report due Friday.

Nasdaq higher on Thursday after U.S. inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while Salesforce climbed following an up upbeat forecast. The Nasdaq reached its highest in over four weeks after a Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central bank's preferred inflation gauge, climbed 3.3% in July on an annual basis, in line with expectations. Excluding volatile food and energy components, the core PCE price index rose 4.2% in July, year-on-year, also in line with estimates. Traders' expectations for a pause in rate hikes at the Fed's September policy meet remained at an 88.5% chance, while their bets on the central bank keeping rates unchanged in November stood at 51%, according to the CME Group's FedWatch tool. «Investors believe the Fed is data dependent, and the data is in the market's favor.

Stocks gave up early gains and closed lower, a downbeat end to the market’s first losing month since February

Here's how analysts read the market pulse: «A slew of weak economic indicators from the US, including a softened GDP figure, have heightened the likelihood of a pause in the Fed’s rate tightening, resulting in a downward trajectory of bond yields. However, this development had a limited impact on domestic sentiment on the day of expiry, with the market experiencing declines ahead of the release of India's GDP data, scheduled for today,” Vinod Nair, Head of Research at Geojit Financial Services, said. “Snapping a five-month winning streak, Nifty has entered into a corrective phase and has lost ~2.3% this month; recoveries during the month remained short-lived as levels of 19,500 consistently acted as a hurdle zone.

Federal Reserve could pause its monetary tightening. The Dow Jones Industrial Average rose 18.85 points, or 0.05%, at the open to 34,909.09. The S&P 500 opened higher by 2.14 points, or 0.05%, at 4,517.01, while the Nasdaq Composite gained 22.23 points, or 0.16%, to 14,041.54 at the opening bell.MORE TO COME...

(Reuters) — U.S. stock index futures extended gains on Thursday after data showed a closely-watched measure of inflation rose in line with expectations in July, keeping alive hopes for a pause in interest rate hikes from the Federal Reserve.

Investing.com — U.S. stock futures traded in a mixed fashion Thursday, as investors await the release of key inflation and unemployment data that could convince the Federal Reserve to pause on further interest rate increases.

Investing.com -- Investors await a fresh slew of U.S. economic data on Thursday after figures earlier in the week bolstered predictions that the Federal Reserve may soon end an aggressive interest rate hiking campaign. Dow futures point into the green, aided by improved guidance from Salesforce (NYSE:CRM), which boosted shares in the software group in premarket trading. Elsewhere, activity in China's key manufacturing sector contracts, spurring on calls for Beijing to take stronger action to support the stuttering economy.

Stocks closed modestly higher on Wall Street, chipping away at the market’s losses for August

₹1,323 crore during the session.Data on gross domestic product (GDP) showed that the US economy expanded 2.1% in the second quarter, slower than a preliminary estimate of 2.4%.Stocks ended modestly higher Wednesday, extending Wall Street's recent winning streak to its fourth day in a row and chipping away more of the market's losses this month.After a choppy day of trading, the S&P 500 closed 0.4% higher. The benchmark index remains down 1.6% for August, with one trading day left in the month.

With just two trading days left in August, Wall Street’s three major indexes are on track to end the month with losses as fresh uncertainty surrounding the Federal Reserve's rate plans rattled investors.

By Shristi Achar A and Amruta Khandekar

Investing.com — U.S. stocks were gaining on Wednesday despite weaker than expected economic data as investors looked toward Friday's job report for August.  

Global shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

Stocks closed higher on Wall Street as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates

Stocks closed higher on Wall Street as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates