US stocks

Nasdaq and S&P 500 slip while Dow hits record close

Traders see the Fed holding rates through much of the year

All three major US indices rose in early trading on Tuesday.

US stocks: Dow hits record high as oil slides; SpaceX soars

THE blue-chip Dow touched an intraday record high on Tuesday as oil prices slid further on optimism around a US-Iran peace deal, while SpaceX surpassed Amazon’s market value to become the fifth-most v...

Fed chief Kevin Warsh, who took over from Jerome Powell last month, is in a tricky position.
NEWS ANALYSIS

New Fed chief Warsh faces bumpy road as he leads tough first rate meeting

The US central bank is unlikely to cut rates this week, but all eyes are on the direction the new chair will take at his post-decision press conference

The three main indexes marked their third consecutive session of gains.

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

Traders expect the US Federal Reserve to leave interest rates unchanged this week

All three main indexes were on track for a third straight session of gains on Monday.

US stocks: Dow hits record high on Iran deal optimism, lower oil prices

WALL Street’s main indexes rose on Monday (Jun 15), with the Dow touching an intraday high after the United States and Iran struck a preliminary agreement to end their war and reopen the Strait of Hor...

Given that inflation remains elevated, the market expects the Fed to hold rates steady through the rest of this year with a potential rate hike at the start of next year.

S&P 500 expected to face continued downside momentum

After a steady momentum rally from the 6,316 swing low on Mar 31 this year, the S&P 500 has pulled back 3 per cent from the 7,620 swing high formed on Jun 2 at the time of writing. The current dip is ...

Market participants were glued to shares of Elon Musk’s SpaceX, which began trading on the Nasdaq on Jun 12.

US: Wall Street ends higher as SpaceX’s market debut dominates

The space stock closes 19.2% higher at US$160.95, well above the IPO price of US$135 apiece

The three major US indices opened mixed on Friday.

US stocks: S&P, Dow edge higher on Middle East deal hopes; SpaceX debut in focus

THE S&P 500 and Dow inched higher in choppy trading on Friday (Jun 12), buoyed by expectations for an imminent Middle East peace deal, while investors geared up for the market debut of Elon Musk’s Spa...

The S&P 500 has pulled back since hitting a record closing high in early June, with the Middle East conflict stoking inflationary pressures.

Wall Street indexes jump, Trump says strikes against Iran cancelled

The Federal Reserve is widely expected to hold interest rates steady at its policy meeting next week

All three major US indices rose in early trading on Thursday.

US stocks: Wall Street ticks up as chips rebound, Middle East in focus

WALL Street’s major indexes inched higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on developments around the Middle East conflict.