Wall Street closes higher in post FOMC session, core…
February 24, 2023US equities finished higher in a volatile session following Wednesday’s FOMC minutes release. The Dow Jones rose 0.3% to 33,154, the S&P went up 0.5% to 4,012 and the Nasdaq increased…
FOMC minutes show ongoing rate hikes support
February 23, 2023US equities finished mixed on Wednesday following the release of Fed’s February meeting that showed that nearly all Fed policymakers remained in favor of rate hike campaign despite colling of inflationary pressures.…
Wall Street posts worst day of 2023 on higher…
February 22, 2023US equities finished sharply lower on Tuesday, as the uncertainty over Fed’s future rate hike decisions pressured the market sentiment. The Dow Jones lost 2.1% to 33,130, the S&P was…
US futures fall ahead of PMI data and Fed…
February 21, 2023US President Biden made a surprise visit to Kyiv on Monday and met Ukrainian President Zelenskiy, declaring “unwavering support” in a show of solidarity as Russia’s invasion nears the one-year…
Global shares edge up in US holiday slow trading…
February 20, 2023US equities finished mixed last week ahead of Monday’s President’s Day holiday. The Dow Jones gained 0.4% to 33,827, the S&P lost 0.3% to 4,079 and the Nasdaq fell 0.6% to…
US stocks slump as Fed members say larger hikes…
February 17, 2023US equities finished sharply lower following higher than expected inflation data, as well as hawkish commentary from Fed. The Dow Jones lost 1.3% to 33,697, the S&P fell 1.4% to 4,090…
US stocks finish higher following a deluge of positive…
February 16, 2023US equities finishes higher as Retail sales rose much more than anticipated in January, homebuilder sentiment improved by the most since the summer of 2013 and business inventories continued to rise.…
Markets mixed after inflation data renews rate hikes worries
February 15, 2023US equities traded mixed on Tuesday after different inflation data. CPI for last month showed rise of 0.5%, while the pace over the year increase rose 6.4%, which conduct first slowing…
Markets rise ahead of inflation data
February 14, 2023US equities rallied on Monday, followed by investors’ waiting on CPI data, which is going to be published today. The Dow Jones traded higher 1.1% to 34,245, the S&P Index…
Markets down as fresh worries of global recession appear
February 10, 2023US equities continued sinking on Thursday, followed by investors’ further concerns on global recession with Treasury yield curve inversion and Fed representatives’ speeches on more rate hikes to combat inflation as…