Wall Street stocks were all flashing red at the close of the week of August 26, after Federal Reserve Chief Jerome Powell’s signal that the central bank would keep hiking rates to tame inflation. The…
Posts Tagged#usstockmarket
Fears Resurfaced- Board Selloff as Stocks Tumble
Stocks tumbled on Friday in a broad selloff as US bond yields rose and rate hike fearsresurfaced. Friday’s halt in Wall Street’s summer rally came as minutes from the Federal Reserve’s Julymeeting and comments from…
US Stock Market Picking Up. Will it last?
Stocks rose sharply on Friday making it the fourth straight positive week for the S&P 500 as investors celebrated reports of inflation cooling to 8.5% in July.The S&P 500 rose 3.25% on the week and…
Welcome Relief For Investors On Wall Street
Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The week’s gains come as investors…
Retail Sales Make a Come Back on Wall Street
U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street led by retail sales which rose higher than expected and a surprise earnings beat from Citigroup. Data from the Commerce Department on…
Tighter Financial Conditions To Fight Against Inflation
Stocks rose on Friday to start the month of July with gains after major indexes the Dow Jones and the S&P 500 closed out their worst first-half performance in decades. Earlier gains for U.S. stock…
