NEW YORK (dpa-AFX) – US stock markets are expected to continue their upward trend from the day before Wednesday’s open. The upside momentum continues to partly reflect ongoing optimism about China’s reopening, which partly offsets concerns about the global economic outlook, trade sources said. In the case of technology stocks, the bargain hunt may continue … Read more
NEW YORK (dpa-AFX) – Wall Street extended its recent losses on Monday. At the start of the new week, fears about the economy persisted due to restrictive monetary policy signals. Interest-sensitive technology stocks have come under particular pressure. The main Dow Jones Industrial index it fell 0.49% to 32,757.54 points. S&P 500 at market level … Read more
NEW YORK (dpa-AFX) – Lingering disappointment over future monetary policy continued to weigh on US stock prices on Friday. Prospects for further gains towards the end of the year are dwindling after major central banks dashed hopes interest rate hikes would soon end, analyst Craig Erlam of broker Oanda commented. Weaker-than-expected purchasing managers’ indices for … Read more
NEW YORK (dpa-AFX) – Further interest rate hikes expected by the US Federal Reserve weighed on US stock markets on Wednesday. The main Dow Jones Industrial index slipped into the red and recently lost 1.09% to 33,738.01 points. The other indices have also turned into the loss zone: for the S&P 500 at the market … Read more
NEW YORK (dpa-AFX) – Initial enthusiasm for more subdued US inflation data faded quickly the day before. On Wednesday, it now appears that the buyers will not return even before the Federal Reserve’s interest rate decision tonight. Der Dow Jones industrialist it is expected by the IG broker slightly in the red at 34,088 points. … Read more
NEW YORK (dpa-AFX) – Softer than hoped for US inflation data was very well received by investors ahead of the market on Tuesday. The indication of the IG broker for the Dow Jones Industrial it rose to 34,943 points three quarters of an hour before trading began. The main US index is therefore expected to … Read more
NEW YORK (dpa-AFX) – Wall Street is trying to recover on Thursday after the setback caused by interest rate fears. With two hours to go, the Dow Jones Industrial, which had already stabilized the day before, moved higher by 0.61 percent to 33,801.19 points after the main index lost nearly three percent since the end … Read more
NEW YORK (dpa-AFX) – US stock markets are expected to have stabilized after the recent decline on the back of renewed interest rate concerns opening Thursday. Investors were now awaiting the release of US producer prices on Friday. The point is to see how effective the US Federal Reserve’s recent tight monetary policy is in … Read more
NEW YORK (dpa-AFX) – A surprisingly robust US labor market, with wages and salaries soaring, threatens the weekly balance of the main Dow Jones Industrial index on Friday mess up. According to observers, the US Federal Reserve may feel compelled to continue drastically raising interest rates to calm the job market. Prior to this scenario, … Read more
NEW YORK (dpa-AFX) – Before the weekend, US stock markets reacted surprisingly well to a surprisingly positive job market report and the prospect of further interest rate hikes. After a setback in the Dow Jones Industrial From 1% at the start of trading, the main index even turned positive in the final hour of trading … Read more