US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

US Stock Markets Continue to Slide as Fitch Downgrades Credit Rating

NEW YORK (dpa-AFX) – The US stock markets are likely to continue their series of losses of the past two trading days on Thursday. The fact that the rating agency Fitch has withdrawn the coveted top rating for creditworthiness from the USA is still having an effect, according to the trade. This step caused clear … Read more

Market Review: Toronto Stock Exchange and US Indices Retreat

Market Review: Toronto Stock Exchange and US Indices Retreat

(Photo: 123RF) MARKET REVIEW. The Toronto Stock Exchange retreated late Tuesday morning, while the major US indices also lost their feathers. The New York Stock Exchange started the month of August essentially in the red on Tuesday at the start of a busy session in corporate results, some of which were mixed. To (re)consult market … Read more

US Stock Market Holds Steady as Fed’s Interest Rate Hike Hopes Boost Outlook for July Profits

US Stock Market Holds Steady as Fed’s Interest Rate Hike Hopes Boost Outlook for July Profits

NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more

Market Review: NYSE Opens Mostly in the Green Ahead of Busy Day in Corporate Results and Monetary Decision

Market Review: NYSE Opens Mostly in the Green Ahead of Busy Day in Corporate Results and Monetary Decision

(Photo: 123RF) MARKET REVIEW. The New York Stock Exchange opened Tuesday mostly in the green at the start of a busy day in corporate results and on the eve of a monetary decision by the American central bank. To (re)consult market news Stock market indices at the opening In Toronto, the S&P/TSX increased by +6.80 … Read more

US Stock Market Continues Winning Streak with Strong Economic Indicators

US Stock Market Continues Winning Streak with Strong Economic Indicators

(Photo: Catherine Charron) MARKET REVIEW. The New York Stock Exchange ended higher on Monday, driven by new indicators that support the hypothesis of a controlled landing for the American economy, which allowed the Dow Jones to record an eleventh positive session in a row. The strength of the energy sector allowed the Toronto Stock Exchange … Read more

Nasdaq 100 falls as Tesla and Netflix disappoint, J&J and IBM lead Dow

Nasdaq 100 falls as Tesla and Netflix disappoint, J&J and IBM lead Dow

NEW YORK Things looked different on the technology-heavy Nasdaq stock exchange, where investors were disappointed by two particularly heavily weighted companies. The Nasdaq 100 selection index fell 1.46 percent to 15,595.64 points. The market-wide S&P 500 lost 0.50 percent to 4542.77 points. Johnson & Johnson (J&J), IBM and Travelers led the Dow. The pharmaceutical and … Read more

Positive Business Figures Boost US Stock Exchanges: Dow Jones Industrial Up 0.26%

NEW YORK (dpa-AFX) – Business figures from companies, which were predominantly received positively, brought further profits to the US stock exchanges on Friday. The Dow Jones Industrial increased by 0.26 percent to 34,484.63 points. This indicates a weekly gain of a good 2 percent for the New York leading index. The market-wide S&P 500 rose … Read more

Dow Jones Industrial Gains on Chinese Stimulus Measures Despite Recession Fears

NEW YORK (dpa-AFX) – On Tuesday, the Dow Jones Industrial continued the gains it made at the beginning of the week. Stockbrokers referred to the recent Chinese stimulus measures as a support factor. However, the mood is dampened by recession fears and warnings of rising US interest rates that will remain high for a long … Read more