US equities slipped on Tuesday as September began under pressure from renewed tariff disputes and a surge in bond yields, while gold surged to a fresh all-time high above $3,500. A federal appeals court struck down most of former President Trump’s global tariffs, raising the prospect that Washington may have to refund billions already collected,Continue Reading

Wall Street ended lower on Friday as investors booked profits into the long weekend after the S&P 500’s record close above 6,500 the day before. Concerns over inflation resurfaced with July’s core PCE showing its fastest pace since February, tempering hopes of imminent Federal Reserve rate cuts. Nvidia’s decline pressured sentiment as shares extended losses,Continue Reading

The S&P 500 notched another record close on Thursday, lifted by investor confidence in Nvidia’s earnings as traders embraced the company’s reaffirmation of the artificial intelligence boom. The broad market index rose above the 6,500 mark for the first time, while the Nasdaq also advanced and the Dow edged higher. Nvidia’s second-quarter figures underscored robustContinue Reading

The Dow advanced on Wednesday as Wall Street digested robust corporate earnings alongside rising expectations for interest-rate cuts, even as political tensions in Washington remained in focus. The blue-chip index gained 147 points, while the S&P 500 edged to a fresh record close and the Nasdaq also moved higher. Nvidia reported results after the marketContinue Reading

Wall Street lost ground on Monday, pulling back from last week’s strong rally as caution resurfaced ahead of Nvidia’s earnings and key macro releases later in the week. The Dow led declines after Friday’s record-setting surge, while the broader market softened as investors reassessed the balance between Federal Reserve policy signals and near-term risks. AnContinue Reading

US stocks soared on Friday as Federal Reserve Chair Jerome Powell indicated the central bank could begin easing policy as soon as September. The Dow Jones Industrial Average surged more than 800 points to a record close, leading a broad market rally that lifted the S&P 500 close to all-time highs and sent the NasdaqContinue Reading

Wall Street remained under pressure on Wednesday as the S&P 500 recorded a fourth straight decline and the Nasdaq fell for a second consecutive session, dragged lower by losses in technology and semiconductor names. Investors digested a wave of corporate earnings and the Federal Reserve’s July meeting minutes, which highlighted concerns about both inflation andContinue Reading

US stocks ended mixed on Tuesday as pressure in the technology sector weighed on broader indices, even as the Dow Jones briefly touched a record high. Nvidia and other chipmakers slumped, dragging the S&P 500 lower and pulling the Nasdaq into its steepest decline in weeks. By contrast, the Dow was supported by a sharpContinue Reading

US stocks ended Friday mixed, with the S&P 500 and Nasdaq slipping after setting fresh records earlier in the session as investors locked in profits from a strong week. Weakness in chipmakers and a drop in consumer sentiment weighed on the broader market, though the Dow managed to close modestly higher. Retail sales data cameContinue Reading

The Dow Jones Industrial Average surged for a second consecutive session on Wednesday, climbing more than 460 points as optimism over imminent US interest rate cuts fuelled another leg higher in global equities. Wall Street’s advance was underpinned by strong technology gains, a robust second-quarter earnings season, and renewed interest in smaller-cap stocks expected toContinue Reading

US equities rallied on Tuesday, with the S&P 500 and Nasdaq setting fresh record closes after softer-than-expected inflation data reinforced expectations of a Federal Reserve rate cut next month. US July’s CPI showed headline prices rising at a 2.7% annual pace, a notch below forecasts, while core CPI climbed 3.1%, marginally above estimates but stillContinue Reading

US stocks ended the week on a strong note, with the Nasdaq closing at an all-time high after a tech-led rally spearheaded by Apple’s surge. Gains came as reports emerged that US and Russian officials are working on a potential agreement to end the war in Ukraine, allowing Moscow to retain occupied territories. The iPhoneContinue Reading