The S&P 500 and Nasdaq futures fell on Thursday over persistent inflationary pressures, while investors awaited comments from key Federal Reserve officials later in the day to gauge the U.S. interest rate path.
September S&P 500 futures (ESU23) are down -0.17%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.58% this morning after three major U.S. benchmark indices ended the regular session lower as an unexpected rise in a key U.S. services activity gauge bolstered speculation that the Federal Reserve would have to keep interest rates higher for longer.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.88%. Stocks on Wednesday posted moderate losses, with the S&P...
World stock indexes fell while the benchmark U.S. Treasury yield rose and the U.S. dollar hit its highest in six months on Wednesday after stronger-than-expected U.S. services sector data suggested inflation pressures remain.
Wall Street's three major averages closed lower on Wednesday with the Nasdaq's 1% loss leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
Wall Street's three major averages closed lower on Wednesday with the Nasdaq leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
Tech stocks were losing ground late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) down 1.3% and the Philadelphia Semiconductor index shedding 0.9%.
Wall Street stocks fell on Wednesday after stronger-than-expected services sector data fueled concerns of sticky inflation and interest rates staying higher for longer, while weakness in Apple Inc shares further weighed down the indexes.
As global investors assess their options in the changing backdrop of international investments, one country seems to be capturing the spotlight: India. Several India ETFs including Vaneck India Growth Leaders ETF GLIN, Vaneck Digi
Tech stocks were lower Wednesday afternoon, with both the Technology Select Sector SPDR Fund (XLK) and the Philadelphia Semiconductor index falling around 1.4%.
Wall Street fell on Wednesday after stronger-than-expected services sector data fueled concerns of sticky inflation and interest rates staying higher for longer, while a drop in shares of Apple further weighed down the indexes.
European Union (EU) antitrust regulators are preparing for a clampdown on anti-competitive practices in the digital economy and have put the world’s big tech firms on notice. The EU today listed 22 services that fall under its Digital Markets Act, and companies including Apple (AAPL ), Amazon.com (AMZN ), Meta...
World stock indexes were lower while U.S. Treasury yields rose and the U.S. dollar hit its highest in six months on Wednesday after stronger-than-expected U.S. services sector data suggested inflation pressures remain.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.03%. Stock indexes this morning are moderately lower, with the...
Artificial intelligence has captured the world's attention in 2023, and that's been a boon for a number of big-name AI stocks. But big revenue growth brings competition with it, and that's likely to help one company in particular. In this video, Travis Hoium covers the one AI sto
Wall Street's main indexes fell on Wednesday over concerns about sticky inflation as investors awaited the Federal Reserve's report on the U.S. economy for clues on the bank's interest rate path.
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