DOW Financial News

US Federal Reserve continued to sound cautious, with Governor Christopher Waller Thursday saying that he expected two more rate hikes this year to bring inflation down to the 2% goal, though more good data on prices could obviate the need for the second hike.  Also Read: Q1 earnings, global cues & more: Key triggers for stock markets this week Japanese markets are closed for a holiday. China's Shanghai Composite Index declined 0.58% to 3,219.02, while the Shenzhen Composite Index dropped 0.34% to 2,051.13. South Korea’s Kospi dipped 0.43%, while Hong Kong’s Hang Seng index futures were trading around 100 points lower at 19,319.

Investing.com — U.S. stock futures were trading in a tight range during Sunday's evening deals, with major benchmark indices surging in the previous week as market participants look ahead to corporate earnings from major tech companies.

Sensex closing above 66,000 and the Nifty breaking past 19,500 for the first time after US inflation in June rose at the slowest pace in more than two years, fuelling bets the Federal Reserve may be close to ending its rate-hiking cycle. Foreign fund managers continued to pour money into Indian equities, buying stocks worth ₹2,636.43 crore on Friday as the dollar fell to a 15-month low on easing inflation. A weakening dollar is fuelling appetite for riskier assets such as emerging markets.

Investing.com — The Dow closed higher Friday, wrapping up its best weekly gain since March as Wall Street banks lifted the curtain on the quarterly earnings season, with mostly better-than-expected results.

Investing.com — The S&P 500 gave gains Friday as financials were hurt by a slip in Citigroup as the Wall Street bank failed to replicate the better-than-expected quarterly results delivered by rivals JPMorgan and Wells Fargo .

Investing.com — U.S. stocks were rising after three big banks reported strong second quarter profits.

(Reuters) — Wall Street's main indexes opened higher on Friday after three of the country's top lenders including JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC) commenced second-quarter earnings for big U.S. banks on a strong note.

Investing.com — Major U.S. banks begin to deliver their second-quarter earnings reports, with investors keen to see how they have managed to weather the turmoil in the sector earlier this year. Elsewhere, U.S. regulators continue their legal push to temporarily halt the massive tie-up between Microsoft and Activision Blizzard, while Hollywood actors go on strike.

ITC aims to enrich biodiversity across 1 million acres by 2030, with a commitment to further restore degraded village commons and pasturelands, the company said. ITC's biodiversity conservation program has restored 290,000 acres of land across 12 states.

«With the start of earnings season, the market is likely to witness more stock specific action. In the near term, it may remain in consolidation mode though the undertone remains positive on the back of strong FII inflows, robust domestic macro-micro factors and expectation of normal monsoon,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Option data suggests a broader trading range in between 19100 to 19700 zones while an immediate trading range in between 19250 to 19550 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded 15 points, or 0.08 per cent, lower at 19,543, signaling that Dalal Street was headed for negative start on Friday.

Investing.com — The Dow closed higher Thursday as a surge in Google underpinned a sea of green in tech just as investors digested better-than-expected quarterly results from Pepsico and Delta, a day ahead of results from major Wall Street banks.

Investing.com — U.S. stock futures were slightly lower Thursday evening, following a positive session among major benchmark averages as investors braced for earnings results from major financial companies set for release on Friday morning.

Investing.com — The S&P 500 extended its rally Thursday, underpinned by better-than-expected quarterly earnings and a Google-led surge in tech after the search-engine giant launched its Chat-GPT rival, Baird, in Europe and Brazil.

stocks rose again and global stock markets hit new highs for 2023 on Thursday, while the dollar and Treasury yields continued to slide, as hopes that slowing U.S. inflation will persuade the Federal Reserve to hit the pause button on interest rate hikes after this month. Wall Street's main stock indexes built on Wednesday's sharp gains after data showed that consumer prices rose modestly in June, registering the smallest annual increase in more than two years.

Investing.com — U.S. stocks were rising after another inflation gauge confirmed that prices are cooling, giving the Federal Reserve wiggle room when it comes to ending interest rate increases.

The Dow Jones Industrial Average rose 64.88 points, or 0.19%, at the open to 34,412.31.

Stocks closed higher on Wall Street after a report showed inflation cooled a bit more than expected last month

This week’s rally looked poised to continue on Wall Street as major, industry-bellwether companies are already starting to turn in earnings reports that beat expectations

Investing.com — U.S. stock futures rose Thursday, extending the previous session’s gains after cooler-than-expected inflation data raised expectations of an early end to the Federal Reserve’s rate-hiking cycle.

Investing.com -- Investors await the publication of fresh inflation data out of the U.S. after stocks were boosted in the previous session by weaker-than-expected consumer price growth in June. Elsewhere, China's trade data for June disappoints estimates and Beijing announces new rules governing the use of generative artificial intelligence.

inflation data bolstered hopes that the Federal Reserve could end its interest rate hikes soon.  The S&P 500 gained 33.40 points, or 0.75%, at 4,472.66 points. The Nasdaq Composite climbed 160.30 points, or 1.16%, at 13,921.00. The Dow Jones Industrial Average rose 92.17 points, or 0.27%, at 34,353.59.