Federal Reserve Chairman Jerome Powell speaks during a press conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | This report is from today’s CNBC Daily Open, our newsletter for international markets. CNBC Daily […]
A trader works on the trading floor of the New York Stock Exchange following the Federal Reserve’s interest rate announcement on September 18, 2024. Andrew Kelly | Reuters U.S. stock futures rose on Wednesday evening as traders digested the Federal Reserve’s earlier decision to cut interest rates by half a percentage point. Dow Jones Industrial […]
Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, USA, September 9, 2024. Brendan McDermid | Reuters There were sell-offs on Wednesday as new U.S. inflation data dampened traders’ hopes of a sharp interest rate cut by the Federal Reserve later next week. The S&P500 was trading […]
When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, they are expected to bring with them a stash of talking points about the U.S. economy. In the weeks leading up to their debate moderated by ABC News, both Harris and Trump have put forward new […]
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 5, 2024. Michael M. Santiago | S&P 500 futures faltered on Friday as investors assessed a weaker-than-expected August jobs report and its implications for U.S. monetary policy. Futures linked to the broad market index were near the zero line, […]
The Nasdaq-Composite rose on Thursday after two consecutive days of losses as investors bought up battered technology stocks ahead of Friday’s key jobs report. The technology-heavy benchmark rose 1%. S&P500 increased by 0.4%, and the Dow Jones Industrial Average hovered near the zero line. Popular megacap and chip stocks led the move higher, with Nvidia […]
Some companies, like Bath & Body Works and Southwest Airlines, can help investors get through what has historically been a rough month for stocks. According to the Stock Trader’s Almanac, September is notoriously the worst month of the year for the S&P 500, Dow Industrials, Nasdaq Composite and Russell 2000 — and the last four […]
Market volatility is unlikely to abate anytime soon. Data compiled by Trivariate Research shows that the S&P 500 has lost an average of 1.3% in September since 1929. The firm also noted that the benchmark’s overall volatility this month is among the four largest, with a standard deviation of 5.8%. August was also a choppy […]
A trader works on the trading floor of the New York Stock Exchange. NYSE Stocks fell on Tuesday as technology stocks struggled and traders prepared for a potentially difficult month. The Dow Jones Industrial Average 450 points or 1.1% lower. The S&P500 fell by 1.1%, while the Nasdaq-Composite fell by 1.4%. Stocks came under downward […]
U.S. stocks rose on Friday as investors closed out the best week of 2024, part of a market recovery after a sharp decline at the start of August. The S&P500 rose 0.2% to 5,554.25, while the Nasdaq-Composite rose 0.21% to 17,631.72 on Friday. Dow Jones Industrial Average rose 96 points, or 0.24%, to 40,659.76. This […]
