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US stocks rise after Powell’s remarks
The three major indices of US stocks rose after Federal Reserve Chairman Jerome Powell said at a forum sponsored by Sweden's central bank that the Fed's independence is necessary to fight inflation. Shares of Jefferies Financial Group (JEF.N) rose a day after it...
Employment in the U.S. declining less than expected
The US Department of Labor said that available job opportunities in the United States decreased by 54 thousand jobs to 10.458 million jobs in November, compared to 10.512 million jobs in October, after adjusting upwards, instead of 10.334 million previously reported....
The US dollar rises after US data
The US dollar rose today with the US service sector rising for the second month in a row, and the main dollar index, which measures the performance of the US currency against 6 major currencies, rose 0.547%. Yields on the benchmark 10-year US Treasury rose 14.3 basis...
Wall Street posts biggest monthly decline in August since 2015
The three major US stock indices fell for the fourth day in a row, with Wall Street recording the biggest monthly decline in August since 2015, and the Bed Bath & Beyond Inc (BBBY.O) index fell 21.30% after it said it would close 150 stores. During the month of...
US stocks rise, led by Tesla
The three major US stock indexes rose today with Tesla and Nvidia shares gaining as Tesla (TSLA.O), Nvidia (NVDA.O) and Meta Platforms (FB.O) all rose more than 4%. Amazon (AMZN.O) rose 3.1%, Apple (AAPL.O) rose 1.7%, Microsoft (MSFT.O) rose 0.8%, and Philadelphia...
US stocks rise after the minutes of the US Federal Reserve meeting
The three major US stock indexes rose today after the Federal Open Market Committee's May meeting minutes showed that it is appropriate to raise interest rates by half a point in the upcoming meetings in June and July. Shares of Amazon rose 2.6%, Tesla rose 4.9%,...
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