Dow Jones jumps 463 points as inflation data sparks rate cut optimism NEW YORK: U.S. stocks surged Tuesday after fresh inflation data came in slightly below expectations, bolstering hopes that the Federal Reserve may cut interest rates as soon as next month. The Dow Jones Industrial Average climbed 463 points, or 1.1%, to 44,428. The…
Dow drops 332 points as Caterpillar, Eli Lilly slump; chipmakers rally on Trump’s tariff exemption NEW YORK: U.S. stocks reversed early gains and closed lower on Thursday as renewed concerns over President Donald Trump’s tariff policy weighed on investor sentiment, with industrial and pharmaceutical shares leading the retreat. The Dow Jones Industrial Average fell 332…
Another week, another round of record highs U.S. stocks closed out a winning week on Friday, propelled by strong corporate earnings and optimism over international trade deals. The S&P 500 rose 0.40% to a new peak of 6,388.64—marking its 14th record close this year and its fifth in a row. The Nasdaq Composite also hit…
Earnings surprises, falling jobless claims & robust retail sales fuel market gains; PepsiCo, United Airlines lead rally U.S. stocks advanced solidly Thursday as encouraging corporate earnings reports and robust economic data bolstered investor confidence. The S&P 500 rose 0.5 percent. The Dow Jones Industrial Average gained 229 points, or 0.5 percent. The technology-focused Nasdaq Composite…
“Dow Jones Surges 400 Points as Tech Stocks Rally; Nike Leads Gains” Wall Street shrugged off fresh trade tensions Friday as the S&P 500 and Nasdaq Composite surged to record highs, fueled by optimism over U.S.-China trade progress and expectations of Federal Reserve rate cuts later this year. Markets Hit New Peaks The S&P 500…
Fed Rate Cut Speculation and Iran Diplomacy to Dictate Dow Jones Momentum Next Week The Dow Jones Industrial Average (DJI) inched upward Friday, gaining 0.1% as easing Middle East tensions and renewed hopes for Federal Reserve rate cuts provided cautious relief to investors. The blue-chip index narrowly avoided a weekly loss, closing the holiday-shortened week up less than…