Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
US stock futures rose Thursday, lifted by a fresh slew of earnings releases and a revival of Federal Reserve policy-easing bets.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC,
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller.
Christopher Waller. The Nasdaq Composite was down 0.1%. The Dow was down 82 points, or 0.2%, but that was because of UnitedHealth Group’s 4.7% slide, which shaved 155 points off the blue-chip index.
The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with expectations firmly pointing to an unchanged federal funds rate in the 4.25%-4.50% range.
US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.
Stock futures are pointing to a mixed open for major indexes on Wednesday as investors await comments from the Federal Reserve after its policy meeting and quarterly results from major technology companies.
Thursday’s gains put the Dow Jones Industrial Average on pace to close in the green for a fifth straight session, and the major equity index has gained ground in all but one of the last nine ...
The Dow Jones Industrial Average (DJIA) is a group of 30 U.S. industry leaders. It's often looked at as a proxy for the market, since its components' performance is indicative of what's happening ...
The SPDR Dow Jones Industrial Average ETF Trust (DIA) tracks the Dow Jones Industrial Average, offering exposure to 30 prominent U.S. stocks. It uses a price-weighted index method and cannot ...
U.S. stocks finished higher on Tuesday, as the S&P 500 and the Nasdaq Composite recovered most of their losses from the previous session after the sudden rise of Chinese AI startup DeepSeek sent shockwaves through Wall Street.