U.S. stocks turned sharply higher on Wednesday after the Federal Reserve fired off another 75 basis point rate increase in an attempted to cool inflation that’s been tough to coax Read more
Tag: Points
China Caixin manufacturing PMI points to third straight month of contraction
A private gauge of activity in China’s manufacturing sector remained in contractionary territory in October, as Covid-19 containment measures weighed on both output and demand. The China Caixin manufacturing purchasing Read more
Dow ends over 800 points higher as stocks cap a volatile week with big gains
U.S. stocks ended sharply higher Friday, capping a volatile week that saw Big Tech shares hammered after a series of disappointing earnings reports while industrials and defensive stocks soared. The Read more
Intel and Apple in lead as Dow jumps 400 points — Friday’s live markets coverage
Intel and Apple in lead as Dow jumps 400 points — Friday’s live markets coverage
ECB hikes interest rates by 75 basis points, taking deposit rate to 1.5%
The European Central Bank on Thursday lifted its key interest rates by 75 basis points, or 0.75 percentage point, as expected and said it would continue to hike rates in Read more
Dow rises around 300 points as investors shake off weak tech earnings, assess pace of Fed rate hikes
U.S. stocks were mostly higher Wednesday as investors shook off disappointing results from tech behemoths Microsoft and Alphabet, while the Bank of Canada delivered a smaller-than-expected rate hike. How are Read more
Dow rises more than 400 points as stocks extend rally after best week since June
U.S. stocks advanced on Monday, adding to their gains after the best week for at least two of the three major indexes — the S&P 500 and the Dow — Read more
Dow ends up about 750 points Friday as U.S. stocks notch best week since June
Dow ends up about 750 points Friday as U.S. stocks notch best week since June
U.S. stocks finish higher, with Dow climbing around 340 points, as investors digest earnings
U.S. stocks ended higher Tuesday, booking back-to-back gains, as investors digested earnings results from companies including Goldman Sachs Group Inc. The Dow Jones Industrial Average DJIA, +1.12% closed 1.1% higher, Read more
Dow futures jump over 500 points as investors cheer Goldman, JNJ earnings
U.S. stock index futures rose sharply early Tuesday as investors welcomed another round of corporate earnings reports, and calmer conditions in bond markets bolstered appetite for risk. How stocks are Read more