The benchmark US stock market indices opened lower on Thursday after mixed tech results and a hawkish Federal Reserve.
The S&P 500 opened in the red, trading 0.56% or 38.44 points lower at 6,852.15, while the tech-heavy Nasdaq Composite opened nearly 1% or 227.21 points lower at 23,731.26, and the Dow Jones Industrial Average opened 0.17% or 81.27 points lower to trade at 47,550.73.
With the recent drop in gold prices, lot of folks are likely to jump into gold investments since it carries a high sentimental value for Indians and is seen as a traditional safe haven during uncertain times. To avoid the hassle of buying and storing physical gold, many investors are looking at alternatives like gold ETFs and gold mutual funds.
When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making?
In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal Open Market Committee, which usually meets eight times a year, have a wealth of information at their disposal, including key statistics such as monthly employment and extensive inflation data.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
» Read more about: Mizuho Hikes Constellation Energy (CEG) PT to $390, Maintains Neutral Rating »
NEW YORK (AP) — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
The S&P 500 slipped 0.2% and edged a bit further from its all-time high set on Tuesday.
Wall Street stocks opened lower on Thursday after mixed results from big tech companies and comments from Fed Chair Jerome Powell that raised doubts about more rate cuts this year.
In the early hours of trading, the Dow Jones fell 196 points (0.41%) to 47,435.60, the S&P 500 dropped 35 points (0.51%) to 6,855.79,
Dallas Cowboys owner Jerry Jones has poured over $1 billion into natural gas driller Comstock Resources Inc. (NYSE:CRK), backing a high-stakes bid to conquer what The Wall Street Journal calls a “drilling inferno” in rural East Texas.
The Dow Jones 30 initially tried to rally during the trading session on Wednesday but gave back gains to go looking to fill the gap underneath. The 47,000 level is a large, round, psychologically significant figure and an area that I think a lot of people will continue to pay close attention to,
<!– Legacy Bulma: `live-update-content` opening
The Federal Reserve announced a 0.25% interest rate cut to as low as 3.75% yesterday.
President Trump has concluded a trade deal with China to lower U.S.
» Read more about: Stock Market Live October 30: S&P 500 (VOO) Falls After Fed Interest Rate Cut »
US stocks slid on Thursday as Wall Street eyed the US-China trade truce struck by Presidents Trump and Xi, cooling odds of another interest-rate cut, and the next tranche of Big Tech earnings after a mixed set of results from “Magnificent 7” members.
The Dow Jones Industrial Average (^DJI) slipped 0.2%.
