Hints and tips:
Related Special Reports
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...In today’s newsletter: Mnuchin profits from NYCB crisis A look at the ‘eccentric’ company behind Temu Trump’s Treasury secretary finds opportunity in NYCB’s rescue Steven Mnuchin is on track to earn...
...The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this year....
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent but just missed setting a new peak close....
...But their reaction on Wednesday to the Fed’s announcement was far from disappointment, with a sharp rise in equities feeding a rally that has added 27 per cent to the S&P 500 since October....
...The S&P 500 slipped 0.1 per cent in the final trading session of the week but the index gained 2.3 per cent since last Friday’s close, after Federal Reserve chair Jay Powell on Wednesday indicated a preference...
...Although the tech-heavy index missed out on setting a new peak close by just 1.6 index points, it managed to notch a record intraday high....
...“Are we going to get to a point where we have to think about hiking [rates]? I don’t see it happening in the immediate future,” said Steven Blitz, chief US economist at TS Lombard....
...Tech stocks, which played a leading role in propelling the S&P 500 to a record high in January, fell on Wednesday....
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...US stocks on Wednesday notched a four-day losing streak for the first time since the start of 2024. Wall Street’s S&P 500 index fell 0.6 per cent, with technology the worst-performing sector....
...US stocks closed lower for the third session in a row on Tuesday after Federal Reserve chair Jay Powell warned interest rates are likely to stay at current levels for “longer than expected” to tame inflation...
...US stocks on Wednesday notched a four-day losing streak for the first time since the start of the year. Wall Street’s S&P 500 index fell 0.6 per cent, with technology the worst performing sector....
...US stocks staged a relief rally on Wednesday after Federal Reserve chair Jay Powell signalled a preference to cut rates by three-quarters of a percentage point this year. Read more here...
...The benchmark S&P 500 was up 0.3 per cent in Wednesday afternoon trading in New York, on course for its first gain this week....
...“Today was a quiet victory for the bulls,” said Mike Zigmont, head of trading and research at Harvest Volatility Management....
...The dollar strengthened 0.5 per cent against a basket of six peer currencies....
...And you’d have been worrying about inflation a year and a half before Jay Powell said it was “probably a good time to retire” the “transitory” label: Monetarism, the idea that changes in the quantity of...
...Australia’s benchmark S&P/ASX 200 rose 1.1 per cent to close the session at an all-time high of 7,847....
...Wall Street opened higher on Wednesday, lifted by a rebound for megacap technology stocks following a steep sell-off in the previous trading session....
...Contracts tracking the benchmark S&P 500 and the tech-heavy Nasdaq Composite were both up 0.1 per cent ahead of the New York trading session....
...The S&P 500 closed at a 20-month high, and Treasury yields fell to five- month lows, after cautious commentary by Federal Reserve chair Jay Powell failed to deter investor hopes of interest rate cuts....
International Edition