Dow Maintains Its Weekly Gains Despite Friday’s Stock Market Downturn On Friday, the U.S. stock market closed with losses as investors grew concerned about rising inflationary pressures ahead of the Federal Reserve’s upcoming meeting, along with an ongoing auto workers’ strike adding to market unease. Here’s a summary of how...
Despite concerns about various economic factors, including stubborn inflation, a surge in oil prices, Federal Reserve hawkishness, and weak growth in China, the S&P 500 is set to begin Friday just under 2% below its 2023 peak. This resilience is indeed impressive. While the successful IPO of Arm Holdings’ ARM...
U.S. stock index futures displayed strength in the early hours of Thursday, with a stable bond market and close attention on two key factors: the release of August’s retail sales data and the debut of ARM Holdings’ IPO. The performance of stock-index futures at the time was as follows: In...
On Wednesday morning, the stock market in the United States experienced a boost when the latest consumer-price index data showed an increase in inflation in August. This could potentially change the Federal Reserve’s plans for interest rates. How are stock indexes trading On Tuesday, the Dow industrials fell by 18...
S&P 500 Energy Sector Gains Favor, as Predicted by Oppenheimer’s Stoltzfus In the midst of recent turbulence in the U.S. stock market, Oppenheimer’s Chief Investment Strategist, John Stoltzfus, maintains his optimism about the S&P 500 hitting record highs this year. Back in late July, Stoltzfus boldly projected that the S&P...
Five percent is a relatively typical interest rate,” notes Michael Rosen, CIO at Angeles Investments. Throughout the year, consumer spending has defied expectations on Wall Street, maintaining stocks at near-record levels and preventing the U.S. economy from plunging into recession. This coming week, sentiment surrounding stocks may pivot on two...
