DOW Financial News

Wall Street closed lower, its big rally losing momentum despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy

Investing.com — U.S. stock futures climb after the Dow snaps its nearly two-week win streak. Elsewhere, U.S. chipmaker Intel returns to a profit in the second quarter as an inventory glut eases, while investors also await earnings from big-name brands like ExxonMobil and Procter & Gamble.

Investing.com — U.S. stock futures traded higher Friday, boosted by better-than-expected results from Intel (NASDAQ:INTC) ahead of the release of widely-watched inflation data.

«Now in terms of what is going on here is that I think the market is a little puzzled by what the Fed said,» says Geoff Dennis, Emerging Markets Commentator.What we are seeing in the US markets is a stellar run. What is your assumption that what is actually fuelling this rally because we have seen Fed taking a rate hike but no stopping there. So going ahead what are the targets and what kind of a run up probably you are looking at?What is interesting is people do not focus so much on the Dow Jones Industrial Average anymore because of course it is a narrow index with just 30 stocks in it.

«So it is just a matter of time that we hit 20000 no question about it. Lenders and banks let the market up in the July series and now we will see the FMCG companies and all other companies like the pharma companies should boost their results,» says Aditya Shah, Founder, Hercules Advisors.Though US markets are still waiting to hit that all-time high levels be it the Dow or the NASDAQ Index but for the Indian benchmark indices July series has been a fantastic one. Fourth straight month that we are seeing the benchmark indices clocking gains as well as record high levels but we are still waiting that 20000 mark, so going ahead in the August series do you expect that to hit as well as, as per you what could give Nifty that boost to reach and touch that mark?As we speak, I think that the Nifty will hit 20000 that is in August or September mostly.

Dow since 1987. The Nikkei newspaper reported the central bank will maintain its 0.5% cap for the 10-year government bond yield, but discuss allowing long-term interest rates to rise above that level by a certain degree. Reuters confirmed the central bank may make minor tweaks to extend the lifespan of its yield control policy.

₹3,979.44 crore in the purchase of shares on Thursday, while domestic institutional investors DIIs bought shares for a net total of ₹2,528.15 crore.Ajit Mishra, SVP of Technical Research at Religare Broking said."We are in a consolidation phase so it is normal to see volatile swings. The key is to manage risk until the trend resumes.

Read here: US GDP growth accelerates to 2.4% in Q2 despite Fed rate hikes Meanwhile, the European Central Bank (ECB) raised interest rates by 25 basis points to 3.75%, its highest level since 2001. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4%. The Nikkei 225 declined 1.35% and the Topix fell 1%.

Wall Street is fading, and its big rally is losing momentum despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy

Investing.com — U.S. stocks were rising after a stronger-than-expected report on economic output for the second quarter put the Dow on a path for the best winning streak in 36 years.

(Reuters) — Wall Street's main indexes opened higher on Thursday on hopes that the Federal Reserve's policy tightening was ending and the world's largest economy was heading for a soft landing, while Meta Platforms jumped on strong third-quarter revenue forecast.

Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to the highest level in more than two decades

Federal Reserve rate hike that left the door open for future hikes, but the Dow scored a 13-day winning streak. The Fed lifted its benchmark overnight interest rate by a widely expected 25 basis points, marking the 11th hike in the U.S. central bank's past 12 policy meetings.

Investing.com — U.S. stock futures were trading in a mixed fashion on Wednesday's evenings, following mixed trade among major averages following the Federal Reserve's decision to hike a further 25 basis points, in line with market expectations, while investors monitored ongoing earnings results from major companies.

Investing.com — The Dow closed higher Wednesday, extending its win streak to a 13th straight day after shrugging off the Federal Reserve raising interest rates to the highest level in 22 years and a Microsoft-fueled stumble in tech.

equities bounced back after three days of muted trade on buying at lower levels and select heavyweights. «Markets will react to Fed’s commentary. Further, monthly F&O expiry along with a slew of corporate earnings, could keep the market a bit volatile,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 0.5 points, or 0.00 per cent, higher at 19,984.50, signaling that Dalal Street was headed for muted start on Thursday.

In this article

The Federal Reserve has raised interest rates yet again, as widely expected, marking the 11th hike out of the past 12 meetings.

(Reuters) — Wall Street's top indexes opened lower on Wednesday as investors assessed mixed earnings from Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) ahead of a Federal Reserve rate hike that could push borrowing costs to their highest since the global financial crisis.

Investing.com — U.S. stocks were wobbling ahead of the Federal Reserve’s interest rate decision after mixed earnings from Microsoft and Alphabet.

The busiest week of the summer on Wall Street has arrived, with all eyes on the upcoming Federal Reserve rate decision, as well as earnings from some of the biggest companies in the world.