Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Angela Weiss | AFP | Getty Images The Dow Jones Industrial Average closed at a record high on Monday as investors tried to move on from a steep sell-off earlier this month. The 30-stock index closed up
The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week. At 5:00 a.m. ET, the yield on the 10-year Treasury slipped under a basis point to 3.8273%, while the yield on the 2-year Treasury was flat at 3.865%. Yields and prices move in opposite directions.
Here are five key things investors need to know to start the trading day: 1. Dow highs The Dow Jones Industrial Average hit a new intraday record and closed at a record high on Monday. The 30-stock index closed up 65.44 points, or 0.16%, after rallying more than 200 points earlier in the day. The S&P 500 and the Nasdaq
Federal Reserve Chairman Jerome Powell. Andrew Harnik | Getty Images Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two decades. If a rate cut comes in September, as experts expect, it would
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose slightly in overnight trading Thursday as traders await an all-important policy speech from Fed Chair Jerome Powell for any guidance on future rate cuts. Futures on the Dow Jones Industrial Average gained 47 points. S&P 500
My top 10 things to watch Wednesday, Aug. 21 1. Wall Street was looking at a slightly positive open after modest losses Tuesday broke an eight-session winning streak for the S & P 500 and Nasdaq . Investors are waiting to see the minutes from the Fed’s latest policy meeting Wednesday afternoon. They are hoping
Melbourne city centre skyline alongside the Yarra River. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets climbed across the region on Tuesday, tracking Wall Street’s rally and ahead of key economic data from China. China’s central bank will announce its one-year and five-year loan prime rates, with a poll of economists from
The National Transmission Corp. (TransCo) and the National Grid Corporation of the Philippines (NGCP) have agreed to resume the physical inventory of the country’s current transmission assets which will bolster the reliability and integrity of the country’s transmission infrastructure. TransCo president and chief executive officer (CEO) Fortunato Leynes and NGCP president and CEO Anthony Almeda on August
U.S. stocks hovered near the flatline Friday morning as investors looked toward the end of a week that has ushered in a recovery rally, with all three major indexes on pace to end the five-day stretch with gains. The S&P 500 ticked down 0.03%, while the Nasdaq Composite advanced 0.01%. The Dow Jones Industrial Average
Gold bullion bars are seen for sale at Manfra, Tordella and Brookes, Inc. January 9, 2003 in New York City. Mario Tama | Getty Images Gold prices inched up on Thursday after a 1% decline in the previous session following inflation data that dampened hopes for a larger September U.S. rate cut, while the focus