Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Investors on Wall Street in the week ahead will look for two major economic data – consumer price inflation and US retail sales – apart from other reports and corporate earnings. Both, inflation and retail sales data have the potential to influence the Federal Reserve’s monetary policy. In earnings, retail giant Walmart and Home Depot … Read more

Stocks, Bonds Gain After $25 Billion Treasury Sale: Markets Wrap

Equities rose as a jump in jobless claims reinforced bets on Fed policy easing — and extended gains after a $25 billion sale of 30-year bonds saw decent demand. The S&P 500 topped 5,200 — though trading volume was 20% below the average of the past 30 days. Gains in stocks have also been attributed … Read more

Are passive funds to blame for market mania?

Are passive funds to blame for market mania?

The year is 2034. America’s “magnificent seven” firms make up almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of a “tipping point” in artificial intelligence. Nobody is listening. The long march of passive investing has put the last stockpickers and stock-watchers … Read more

Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

Investors will also closely watch Fed Chairman Jerome Powell’s press conference for insights on the US central bank’s future monetary policy path.  The Fed is widely expected to hold interest rates steady. The week will also see other economic data such as auto sales and ISM manufacturing, and earnings reports from a wide range of … Read more

Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

On Wall Street in the week ahead, the focus of stock market investors will be on the first quarter (Q1) US GDP data, the Federal Reserve’s preferred inflation gauge – the PCE (personal consumption expenditures) index, and quarterly financial results from Microsoft, Alphabet, Meta Platforms and Tesla. Market participants will also keep an eye on … Read more

Wall Street today: Dow Jones, S&P 500, Nasdaq surge led by megacaps

Wall Street today: Dow Jones, S&P 500, Nasdaq surge led by megacaps

Wall Street: US stock indices surged on Wednesday bolstered by megacap stocks and positive corporate earnings. At 9:41 a.m. ET, the Dow Jones Industrial Average was up 146.74 points, or 0.39 per cent, at 37,945.71, the S&P 500 was up 20.02 points, or 0.40 per cent, at 5,071.43, and the Nasdaq Composite was up 71.46 … Read more

World markets today: US stocks mixed as Treasury yields advance

World markets today: US stocks mixed as Treasury yields advance

Wall Street: US stocks were mixed on Tuesday as Treasury yields advanced amid conflict in Middle East. At 9:48 a.m. ET, the Dow Jones Industrial Average was up 87.56 points, or 0.23 per cent, at 37,822.67, the S&P 500 was down 13.26 points, or 0.26 per cent, at 5,048.56, and the Nasdaq Composite was down … Read more

Wall Street week ahead: Investors eye inflation data, Fed minutes after strong March jobs report

Wall Street week ahead: Investors eye inflation data, Fed minutes after strong March jobs report

On Wall Street in the week ahead, investors’ major focus would be on inflation data for March and the minutes of the Federal Reserve’s March monetary policy meeting. Following last week’s strong jobs report that dented interest rate cut odds, investors will closely watch the consumer prices data and the Fed minutes for clues about … Read more

World markets today: US stocks start holiday-shortened week in red

World markets today: US stocks start holiday-shortened week in red

The US markets kicked off the shortened week on a downward trend, with the looming Good Friday holiday. As of 9:00 pm IST, the S&P 500 slipped by 0.19 percent to 5,224.15. Similarly, the Nasdaq Composite saw a decrease of 0.13 percent to 16,406.66, while the Dow Jones Industrial Average experienced a decline of 0.30 … Read more

Wall Street week ahead: Investors’ focus on Fed speakers, PCE index

Wall Street week ahead: Investors’ focus on Fed speakers, PCE index

Stock market investors on Wall Street in the week ahead will be watching the Federal Reserve’s preferred inflation gauge — the Personal Consumption Expenditures (PCE) index and speeches from a host of Fed speakers including Chair Jerome Powell. The week will also see data on durable goods orders and consumer confidence. Last week, the US … Read more