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Tag: Monetary policy

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.

Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

US job growth slows moderately; unemployment rate rises to 4.1%

The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.

Read More US job growth slows moderately; unemployment rate rises to 4.1%
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Wall St mixed as tech stocks attempt recovery, financials drag

Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.

Read More Wall St mixed as tech stocks attempt recovery, financials drag
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Wall Street retreats with data, Fed comments in focus

Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.

Read More Wall Street retreats with data, Fed comments in focus
NEW YORK - SEPTEMBER 16: A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. (Photo by Spencer Platt/Getty Images)

Dow Eclipses 40,000 For First Time Ever In The Stock Market

The Dow Jones Industrial Average hit the 40,000 point threshold for the first time ever on Thursday as investors on Wall Street were feeling timid over the idea of interest rate cuts. 

Read More Dow Eclipses 40,000 For First Time Ever In The Stock Market
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. REUTERS/Brendan McDermid/File Photo

Dow sprints past 40,000-mark on earnings boost, rate-cut bets

The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday.

Read More Dow sprints past 40,000-mark on earnings boost, rate-cut bets

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