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Tag: Federal Reserve

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 27, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data

The S&P 500 and the Nasdaq were slightly lower on Monday after notching record closing highs in the previous session, as losses in chip stocks including Nvidia weighed.

Read More S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data
SAN RAFAEL, CALIFORNIA - NOVEMBER 03: A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. According to a report by the Bureau of Labor Statistics, job growth slowed in October with a total of 150,000 new jobs added compared to analyst expectations of 180,000. The unemployment rate inched up to 3.9% from 3.8%. (Photo by Justin Sullivan/Getty Images)

November Sees U.S. Job Growth Of 227K, Surpassing Projections

U.S. job growth fought back in November with strong payroll gains after the poor October jobs report reflected labor disruptions due to hurricanes and union strikes. 

Read More November Sees U.S. Job Growth Of 227K, Surpassing Projections
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid/File Photo

Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus

Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.

Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid

Wall St opens slightly lower ahead of data, Fed commentary

Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week.

Read More Wall St opens slightly lower ahead of data, Fed commentary
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’

The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon. 

Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
A back loader bucket is seen near the U.S. Capitol in Washington February 27, 2013. REUTERS/Gary Cameron/File Photo

US third-quarter economic growth unrevised at 2.8%

The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.

Read More US third-quarter economic growth unrevised at 2.8%

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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