The S&P 500 and Nasdaq closed the fourth consecutive week on growing optimism

The Nasdaq and S&P 500 post their longest streak of weekly gains since November S&P 500 regains 50% of bear market losses The S&P 500 is up 17.7% from its mid-June low NEW YORK (Reuters) – Wall Street closed higher on Friday as signs that inflation had peaked in July increased investor confidence that a … Read more

Hope to at least raise interest rates to raise Wall Street, oil gains

LONDON (Reuters) – Wall Street headed for another day of gains on Thursday as investors pushed for higher inflation to persuade central banks to pull back from expected interest rate increases in September. The prospect of a less severe tightening in borrowing costs dragged the dollar down, while oil prices rose after the International Energy … Read more

Dollar falls amid more-than-expected US inflation data

US dollar banknotes are shown in front of the stock graph displayed in this illustration taken on February 8, 2021. REUTERS/Dado Ruvic/Illustration/ Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – The dollar fell broadly on Wednesday after a lower-than-expected US inflation report for July raised expectations of a less … Read more

Stocks rise, dollar falls as inflation eases

Wall Street rises, Nasdaq leads gains CPI was flat in July after rising 1.3% in June In the 12 months to July, the CPI rose 8.5% versus 9.1% in June NEW YORK (Reuters) – Stocks rebounded on Wall Street and the dollar plunged after signs of a sharp slowdown in US inflation led to bets … Read more

Wall Street rally lifts Nasdaq 20% from low as inflation fears recede

Traders work on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register The Fed has now seen a 50 basis point rise in September US consumer price growth slows in July Musk sells … Read more

Nasdaq closes lower as chipmaker Micron renews warning to beat tech

Micron falls on low revenue expectations Semiconductor stocks fall for the third session Novavax collapses after slashing revenue offer by half NEW YORK (Reuters) – The Nasdaq closed lower on Tuesday after a dismal outlook from Micron Technology Inc sent chip makers and tech stocks lower as investors await US inflation data that could prompt … Read more

Oil rises as Russian pipeline halt revives supply fears

A poster with crude oil written on the side of a storage tank in the Permian Basin in Menton, Loving County, Texas, United States, November 22, 2019. REUTERS/Angus Mordant Register now to get free unlimited access to Reuters.com Register Russian oil exports through the southern part of the Druzhba pipeline have stopped The European Union … Read more

Wall Street mixed amid fears of Fed tightening, Nvidia weighs

US Senate approves bill on climate change and drug costs Nvidia slipped as demand for games slipped into second-quarter revenue Tyson Foods retreated from a quarterly profit loss Palantir decreases due to the expected reduction Indices mixed: Dow Jones rose 0.14%, Standard & Poor’s, Nasdaq slip (Reuters) – U.S. stock indexes were mixed on Monday … Read more

Global stocks rebounded after US jobs report heavy selling

Euro Stoxx gains 0.8% Wall Street braces for gains Markets are narrowing down the odds for a 75 basis point rise ahead of the US CPI. The dollar goes down Oil compensates for its early losses, and tries to rise LONDON/SYDNEY (Reuters) – Stocks rose on Monday, recovering after a strong US jobs report last … Read more

Stocks rise ahead of US jobs data

Asian stocks brace for third consecutive week of gains Taiwan tops Asian gains. US European stock futures rise Treasury yield curve remains sharply inverted Oil is approaching its lowest level in six months HONG KONG (Reuters) – Asian shares rose on Friday, ahead of US jobs data that will provide further evidence of the health … Read more