6 September 2024
The benchmark S&P 500 index and the Dow Jones Industrial Average closed lower in volatile trading on Thursday (05/09/24) after the release of a series of economic reports and investors paid attention to important employment data due on Friday.
READ MORE
5 September 2024
The US Stock Market closed mixed on Wednesday (04/09/24), supported by gains in the Consumer Goods, Utilities, and Financials sectors, while losses in the Oil & Gas, Telecommunications, and Basic Materials sectors kept all three major indices relatively flat with the Dow Jones Industrial Average up 0.09%, while the S&P 500 fell 0.16%, and the NASDAQ Composite depreciated 0.31%.
READ MORE
4 September 2024
The US equity market started September by recording its largest daily percentage decline since early August. The DJIA slumped 626.15 points, or 1.51%, to 40,936.93, the S&P 500 shed 119.47 points, or 2.12%, to 5,528.93, and the NASDAQ Composite collapsed 577.33 points, or 3.26%, to 17,136.30.
READ MORE
3 September 2024
US stock markets were closed for the Labor Day holiday, but that didn't stop market sentiment coming in from Asian & European exchanges. EUROZONE PMI remained in contractionary territory at 45.8 in August, although this figure was slightly better than forecast but the manufacturing sector was noticeably depressed by continued weak activity in Germany & France, according to a report by Hamburg Commercial Bank and S&P Global.
READ MORE
2 September 2024
Stocks on Wall Street rose and the Dow Jones Industrial Average recorded its second consecutive record closing high on Friday, with Tesla and Amazon surging after new US economic data raised expectations that the Federal Reserve will cut interest rates moderately in September.
READ MORE