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Wall Street Extends Rally as Fed Cut Powers Dow and S&P 500 to Fresh Highs

US equities climbed on Friday, with the Dow Jones Industrial Average and S&P 500 closing at record highs to cap a strong week fuelled by the Federal Reserve’s first rate cut since December. Investors looked past concerns over valuations and volatility, focusing instead on policy support and strong corporate momentum. The Nasdaq also advanced, ledContinue Reading

Chip Stock Surge and Fed Cut Drive US Indexes to Fresh Highs

US stocks extended their rally to new record highs on Thursday as investors digested the Federal Reserve’s rate cut and a blockbuster move in the chip sector. Intel soared after Nvidia unveiled a $5 billion stake in the company, its sharpest single-day gain since 1987, helping lift the Nasdaq and S&P 500 technology sector. BroaderContinue Reading

Dow Closes at Record as Traders Look Past Inflation Spike to Fed Cut

Stocks climbed on Thursday as markets weighed a stronger-than-expected monthly inflation reading against growing signs of a slowing US economy, leaving expectations for a Federal Reserve rate cut next week firmly intact. The Dow surged more than 600 points to close at a fresh record, while the S&P 500 and Nasdaq also settled at all-timeContinue Reading

PPI Surprise and Oracle’s Historic Rally Drive S&P 500 Record Climb

The S&P 500 achieved another record close on Wednesday after wholesale prices unexpectedly declined, fuelling confidence that the Federal Reserve will ease policy again next week. Optimism was further lifted by a historic surge in Oracle, whose upbeat results reignited momentum across artificial intelligence and cloud-linked stocks. While the Nasdaq managed to hold record territoryContinue Reading

Record Closes as Markets Look Past Jobs Revisions and Brace for Inflation Data

Wall Street ended Tuesday at record highs, with investors balancing weak labour market signals against hopes that forthcoming inflation data will support rate cuts. The Bureau of Labor Statistics revealed that nearly one million jobs were overcounted in the year through March, the largest downward revision since 2002. While the figures revived questions over theContinue Reading

Markets Brace for Key US Inflation Data as Nasdaq Hits Record High

Wall Street extended its rally on Monday with the Nasdaq closing at a record high and the S&P 500 edging higher, setting the stage for a pivotal week dominated by US inflation releases. Gains were driven by strength in technology stocks, particularly chipmakers, while investors looked ahead to producer and consumer price data that couldContinue Reading

Weak US Jobs Data Raises Economic Fears as Stocks Close Lower 

US equities pulled back on Friday after weaker-than-expected labour market data reinforced the likelihood of a Federal Reserve rate cut but at the same time stirred fresh concern about economic momentum. The Dow led losses, shedding more than 220 points as banks and industrials fell on signs of slowing demand. All three major indices hadContinue Reading

Alphabet-Led Tech Rally Lifts S&P 500 and Nasdaq as Economic Caution Caps Gains

US equities finished mixed as a powerful rebound in mega-cap technology offset weakness in energy and banks, with an Alphabet surge setting the tone after a favourable antitrust ruling. Apple gained as its default search arrangement on iPhones was left intact, but sentiment stayed guarded ahead of Friday’s jobs report following a drop in jobContinue Reading

Wall Street Slips on Tariff Uncertainty as Yields Jump and Gold Hits Record High

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

Inflation Concerns and Tariff Ruling Weigh as Indices Ease From Record Highs 

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

S&P 500 Climbs to Record Close as Nvidia Fuels Renewed AI Optimism 

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

Dow Climbs as Investors Balance Rate Cut Hopes and Nvidia Results

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

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