By Chuck Mikolajczak NEW YORK (Reuters) – The Dow and S&P 500 slipped on Monday, the first session after the biggest weekly percentage gains for the indexes this year, as investors assessed the likely path of interest rates from the Federal Reserve ahead of key inflation data due later in this holiday-shortened week. Last week,
When talking about the stock market, investors view the S&P 500 as the key barometer for gauging how things are going. Because this index tracks the 500 largest and most profitable businesses in the U.S., the world’s most dominant economy, investors closely watch its price movements. Historically, the S&P 500 has been a superb investment,
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S. Federal Reserve’s meeting this week. Growth stocks were outperforming, with Alphabet gaining 4.8% after a
Stock market investors on Wall Street in the week ahead will keenly watch for inflation data among the other economic reports. The upcoming economic reports can provide investors clues on the US Federal Reserve’s rate cut plans later in the year. Last week, investors’ hopes were bolstered about interest rates cut after Federal Reserve chair
From what it’s understood, BTC’s market capitalisation went past the $1.1 trillion mark, which was last recorded in 2021. As per market experts, this BTC development highlights the diminishing dependence of the crypto market on the equity market which has resulted in BTC bullishness in the past. Reportedly, on February 26, 2024, while BTC secured
Stock market investors on Wall Street in the week ahead will be watching key economic data including consumer price index, producer price index and industrial production report. Apart from the US economic data, some key earnings including Coca-Cola, Shopify, Cisco, and Sony will also be the focus of the investors. Economic events On February 13,
The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for
On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. On January 24, data for January on
On Wall Street in the week ahead, investors will eye quarterly earnings reports and the energy market as the Middle East tensions could spark a further rise in oil prices. Last week, oil prices climbed after US and British airstrikes in Houthi-controlled areas of Yemen added to the ongoing tensions in the Middle East. Investors