Nvidia gained just 0.1% after its 3.2% rise the prior day. The graphics chip maker at the heart of the artificial intelligence boom reported record sales that doubled from a year ago. Nvidia looked...
August has ushered in market turbulence, with important indices poised for another week of losses, veering into negative territory for the month. The exuberant rally witnessed in the last half of the...
The market has seemingly reached a verdict: July's subdued inflation report has led to an anticipation of the Federal Reserve refraining from further interest rate hikes.
The stock market's once robust momentum has been slowly fading, raising concerns about a possible correction lately. The market’s sentiment is also being affected by a weakening global economy,...
As the Federal Reserve recently raised interest rates as anticipated, investors eagerly await the June data on the personal consumption expenditures price index (PCE), a key inflation indicator...
The Dow tends to beat the Nasdaq index recently, outperforming it by as much as 2.5 percentage points on Thursday, creating the widest gap between the two indexes since February 2022.
The latest producer price index in June showed inflation rose less than anticipated and built on trader optimism from the June consumer price index data, which came out Wednesday. Investors are now...
As the possibility of a July rate hike solidifies, bond traders are now looking ahead to the future beyond this month. Strong data releases, including the latest ISM figures, increase the likelihood...
Major US stock indices achieved substantial gains in a week marked by positive news. The rise was primarily fuelled by the success of prominent banks in passing the Federal Reserve's stress test and...
