DOW Financial News

Investing.com — The S&P 500 rose Tuesday, as data pointing to a softer economy pushed Treasury yields lower as investors boosted bets that the Federal Reserve will likely skip rate hikes in September.

Investing.com — The Dow closed higher Tuesday, as Treasury yields slipped after weaker economic data stoked optimism that the Federal Reserve will likely skip rate hikes in September.

The Dow Jones Industrial Average fell 28.86 points, or 0.08%, at the open to 34,531.12. The S&P 500 opened lower by 0.56 points, or 0.01%, at 4,432.75, while the Nasdaq Composite dropped 17.90 points, or 0.13%, to 13,687.23 at the opening bell.More to come....

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports

Investing.com -- U.S. stock futures edge up as traders look ahead to key economic data and new company results this week. Elsewhere, Google reportedly eyes plans to sell its mapping data to companies building renewable energy products, while Mark Zuckerberg, Elon Musk and other tech industry leaders are invited to Washington for a forum discussing the possible pitfalls of generative artificial intelligence.

Wall Street ended higher on Monday, with gains in 3M and Goldman Sachs ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve's interest rate path. All three major stock indexes rose as investors digested last Friday's comments from Fed Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained. Focus now shifts to a report on the personal consumption expenditures price index, the Fed's preferred inflation gauge, to be released on Thursday, and non-farm payrolls data due on Friday. «The fact that Powell didn't come out and say anything particularly hawkish or particularly unnerving to markets — that has proven to make this a bit of a risk-on day, even if he wasn't outright dovish either,» said Ross Mayfield, Investment Strategy Analyst at Baird. Nvidia rose 1.78% and was the most traded stock in the S&P 500, with $31 billion worth of the chipmaker's shares exchanged. Other megacaps also gained, with Apple and Alphabet both adding 0.9%. 3M jumped 5.2% after a report that the conglomerate has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the U.S.

Investing.com — U.S. stock futures were trading slightly higher during Monday's evening trade, with investor focus turning toward a busy week of economic data releases as earnings season cools down.

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports

Investing.com — The Dow ended higher Monday, underpinned by a 3M-led surge in industrials ahead of a flurry of data this week that will play into the Federal Reserve’s policy decision next month.

The Dow Jones Industrial Average rose 94.74 points, or 0.28%, at the open to 34,441.64. The S&P 500 opened higher by 20.32 points, or 0.46%, at 4,426.03, while the Nasdaq Composite gained 104.71 points, or 0.77%, to 13,695.36 at the opening bell. More to come...

It’s a significant week for the markets, as a plethora of economic data is poised to determine the trajectory for the upcoming month. Yields have demonstrated a steady advance, the US dollar has exhibited strength, and equities have undergone a downturn. Notably, the S&P 500 is currently displaying a series of cautionary signals.

Investing.com — U.S. stock futures pointed higher on Monday, as investors digested key interest rate commentary from Federal Reserve Chair Jerome Powell and looked ahead to fresh economic data.

rupee was trading in a narrow range and appreciated by 12 paise to 82.52 against the US dollar in early trade on Monday, tracking positive Asian peers and domestic equities. Forex traders said the rupee is trading in a range as selling pressure by foreign investors dented sentiments, while easing crude oil prices cushioned the downside. At the interbank foreign exchange, the domestic unit opened at 82.58, then touched a high of 82.52 against the American currency, registering a rise of 12 paise over its last close. In initial trade, the rupee also touched a low of 82.59 against the American currency. On Friday, the rupee declined by 8 paise to settle at 82.64 against the US dollar. «After a not too hawkish Powell in Jackson Hole Symposium on Friday risk assets were all up as Dow Jones Rose by 247 points and Asian stocks were also up,» said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Bhansali further said the rupee has gained slightly at the opening in a data-driven week that will see the release of PMIs of most nations, as also the NFPR on Friday, and looks to be in a range as the US and India GDP data are also awaited this week. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading flat at 104.07. Brent crude futures, the global oil benchmark, fell 0.11 per cent to USD 84.39 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 92.24 points or 0.14 per cent higher at 64,978.75.

Stocks on Wall Street ended a volatile session higher on Friday as investors digested comments from Federal Reserve Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained.

Vedanta Aluminium, a business of Vedanta Limited, is one of the world’s leading aluminium producers and the country’s largest. It makes over half of India’s aluminium, at 2.29 million tonnes in FY23.

Wall Street closed lower, despite a blowout profit report from Nvidia, as bond yields rose ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell

Global market update: Following US Fed Chairman Jerome Powell's balanced speech at Jackson Hole Symposium, US stock market ended green on Friday. Dow Jones gained 0.73 per cent, tech index Nasdaq surged 0.94 per cent whereas S&P 500 index finished 0.67 per cent higher.

Stocks rose to send Wall Street to its first winning week since July

Wall Street closed higher, breaking a 3-week losing streak, after the head of the Federal Reserve said it will “proceed carefully” as it decides what to do with interest rates

Investing.com — The S&P 500 pared some gains Friday as rising Treasury yields kept a lid on gains in tech after Federal Reserve chairman Jerome Powell signaled there was still more work to do to curb inflation.