Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a possibility of three to four reductions this year.
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller.
US stock futures rose Thursday, lifted by a fresh slew of earnings releases and a revival of Federal Reserve policy-easing bets.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC,
The Dow, S&P 500, and Nasdaq rose Friday on the last trading day of Joe Biden's presidency as the stock market braces for change under Donald Trump.
Treasury yields edged lower after Federal Reserve governor Christopher Waller said that it is “reasonable” to think that the central bank could cut interest rates in the first half of the year. The move came after the 10-year yield tumbled Wednesday to ...
Christopher Waller. The Nasdaq Composite was down 0.1%. The Dow was down 82 points, or 0.2%, but that was because of UnitedHealth Group’s 4.7% slide, which shaved 155 points off the blue-chip index.
Stock futures are pointing to a mixed open for major indexes Tuesday as the market steadies itself after yesterday's sharp downturn.
US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.
Thursday’s gains put the Dow Jones Industrial Average on pace to close in the green for a fifth straight session, and the major equity index has gained ground in all but one of the last nine ...
The SPDR Dow Jones Industrial Average ETF Trust (DIA) tracks the Dow Jones Industrial Average, offering exposure to 30 prominent U.S. stocks. It uses a price-weighted index method and cannot ...