Dow dips ahead of Powell speech; Nasdaq kept afloat by growth stocks

Tesla up as sales in China nearly double in November – data Fed Chair Powell’s speech at 1330 ET (1830 GMT) US private payrolls growth slows in November – ADP Dow down 0.47%, S&P off 0.13%, Nasdaq up 0.26% Nov 30 (Reuters) – Wall Street was mixed on Wednesday, with the Dow and S&P 500 … Read more

S&P 500 ends down as Apple dips and traders eye Powell speech

Investors look to Powell speech for interest rate clues US consumer confidence slips in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by US Federal Reserve Chair Jerome Powell that could provide hints … Read more

Wall Street ends down sharply, hit by Apple and China worries

Cyber ​​Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked … Read more

Nasdaq ends down as investors eye Black Friday sales, China infections

Retailers in focus as Black Friday sales start Activision down on likely FTC lawsuit to block Microsoft deal Apple slips, Foxconn China plans sees lower shipments Indexes: Dow up 0.45%, S&P 500 down 0.03%, Nasdaq down 0.52% Nov 25 (Reuters) – The Nasdaq closed lower on Friday with pressure from Apple Inc (AAPL.O) in a … Read more

Bear markets come in three stages; and we’ve only just started the second, says veteran analyst.

Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much previous tightening has impacted the economy. Investors are thus looking ahead to when the Fed eventually pivots and borrowing costs can … Read more

Fed eyes slower rate hikes as recession threat grows

Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to rise higher than previously forecast, senior officials are unsure just how much further they will go. Slower rate hikes, they say, would give them more time … Read more

S&P closes at more than two-month high on retail, energy lift

Best Buy up, sees smaller annual sales drop Dollar Tree drops on lower FY profit forecast Manchester United surges on sale report Dow up 1.18%, S&P 500 up 1.36%, Nasdaq up 1.36% NEW YORK, Nov 22 (Reuters) – US stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months, … Read more

China COVID cases weigh on Wall St; Disney jumps

Disney up on Iger’s return as CEO S&P 500 energy index leads sectoral falls Grindr slips after rocketing in debut Tesla down on vehicle recall, China COVID concerns Dow up 0.01%, S&P 500 down 0.34%, Nasdaq down 1.05% Nov 21 (Reuters) – Wall Street’s main indexes started the week roughly lower on China saying it … Read more

S&P 500 ends higher, led by defensive shares

Fed’s Collins sees 75 bps hike on the table Grindr surges into market debut Gap shares rise on upbeat results Indexes up: Dow 0.59%, S&P 0.48%, Nasdaq 0.01% Nov 18 (Reuters) – Wall Street’s benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive shares overshadowed energy declines, … Read more

S&P 500 slips as hawkish rate view, labor data weigh

Fed’s Bullard backs more rate hikes Cisco rises after co-raises full-year outlook Macy’s jumps on profit forecast raise Indexes: Dow up 0.07%, S&P down 0.23%, Nasdaq down 0.09% Nov 17 (Reuters) – The S&P 500 fell modestly on Thursday as hawkish comments from a US Federal Reserve official and data showing the labor market remained … Read more