Tag Archives: dow jones

Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ: .IXIC), S&P 500 Index (INDEXSP: .INX), and Dow Jones Industrial Average (INDEXDJX: .DJI) all faced declines, with the latter plummeting...

As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape. This morning marked a cautious start for investors as stock futures presented a mixed outlook following a positive day on Wall Street. Overview of the US Stock Futures Market As the US stock market opened, futures tied to the Dow Jones Industrial Average (INDEXDJX:.DJI) took a...

CoinspeakerNasdaq Composite Soars Over 1% as Tech Stocks Rebound At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data. Nasdaq Composite Soars Over 1% as Tech Stocks Rebound

CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?

CoinspeakerStocks Fall as Global Economic Worries Weigh on Wall Street US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector. Stocks Fall as Global Economic Worries Weigh on Wall Street

CoinspeakerUS Stocks Rally as Inflation Numbers Come in Below Expectations The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.  US Stocks Rally as Inflation Numbers Come in Below Expectations

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market. The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country. According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the...

The debt ceiling bill’s approval provided even another reason for the positive rally in stock futures. In an exciting development, US stock futures have continued to soar as traders make meaning of the highly anticipated May jobs report and celebrated the passing of a debt ceiling bill by United States lawmakers. According to reports, futures on the Dow Jones Industrial Average (INDEXDJX: .DJI) rose by 180 points or 0.5%. Similarly, futures connected to both the S&P 500 (INDEXSP:...

Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities. Software company Palantir Technologies (NYSE: PLTR) has sold all the gold bars it acquired in August 2021. The company invested $50.9 million to buy 100-ounce precious metal, which it said will be initially kept in a secure third-party facility in the northeastern United States. At a time when many companies put their money in Bitcoin and other digital assets, Palantir said the gold bars...

Despite the fall off of the US stock futures, there is no doubt that the fight against inflation is yielding a relatively positive fruit in the United States. The US stock futures are seeing a very concerning slump today following the release of the latest inflation figure for the month of April. According to the data from the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) for the month of April increased by 0.4% when seasonally adjusted, and by 4.9% over the last 12...