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The Economic Calendar shows key financial events and announcements that are expected to have an impact on how financial markets may move. Traders rely on this information to identify upcoming economic and financial reports, and plan their trades accordingly.
Keep up to date with approaching releases and events in real-time through our Economic Calendar.
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The Dow Jones Industrial Average modestly climbed, while the S&P 500 and Nasdaq Composite posted notable gains, breaking a losing streak and igniting optimism across Wall Street.
Volatility gripped the financial markets as investors dealt with the implications of hotter-than-expected inflation data, reigniting fears of further interest rate hikes by the Federal Reserve.
The joy surrounding the recent stock market rally was put to the test on Thursday as hotter-than-expected US inflation data reduced expectations of an imminent interest rate cut by the Federal Reserve. The Dow Jones Industrial Average snapped a three-day winning streak while the Nasdaq Composite and S&P 500 also retreated, declining 0.3% and 0.29%, respectively.
In a noticeable step back from their recent highs, both the S&P 500 and the Nasdaq Composite took a step back on Wednesday, indicating a decreasing enthusiasm in the tech sector, particularly marked by a decline in Nvidia shares.