S&P 500 and Nasdaq Experience Downturn on August’s Inception
NEW YORK: The S&P 500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of US jobs data and major companies’ earnings reports later this …
wall street
Foreseeing the Market: 10 Factors Indicating Wednesday’s D-Street Movement
Indian equities ended on a somewhat flat note amid mixed global cues in a range-bound trade. The Nifty finished below 19,750, slipping a marginal 20 points. Sectorally, IT, metal, pharma, …
Strong Month on Upbeat Company Earnings: Wall Street Wraps Up on a High
U.S. stocks ended little changed on Monday, ending a strong July on upbeat company earnings and hopes of a soft landing for a resilient U.S. economy. All three major stock …
Replacing Gold Exposure With Cryptocurrency Could Prove to be a Costly Error
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for …
Wall Street’s Winning Streak Since 1987 Snapped as US Stocks Close Down
NEW YORK: US stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent US yields higher, snapping the longest winning …
First Solar’s Fifth U.S. Factory Unveiled as Inflation Reduction Act Boosts Domestic Manufacturing
A worker at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters First Solar, the nation’s largest solar panel manufacturer, announced Thursday that it will build its …
US stock market remains stable as Federal Reserve raises interest rates again
NEW YORK: Wall Street stocks shrugged off the latest Federal Reserve interest rate hike on Wednesday, finishing little-changed after a choppy session. The Dow Jones Industrial Average ended 0.2 percent …
Facebook Parent Company Meta Surpasses Wall Street Expectations with Strong Advertising Growth
Meta Platforms reported strong growth in advertising revenue for the second quarter, surpassing Wall Street’s expectations. The company also provided a forecast for third-quarter revenue that exceeded market expectations. This …
Here’s why the Dow is enjoying its longest winning streak since 2017
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan McDermid | Reuters The Dow Jones Industrial Average just …
The SEC seeks information on efforts to combat cybersecurity breaches
The Securities and Exchange Commission (SEC) is urging corporate America to provide more information to investors regarding cybersecurity breaches and the measures being taken to combat them. Today, the SEC …