8 Articles
8 Articles
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied Materials saw its shares slump, dragging down AI-related stocks. In contrast, rising oil prices helped lift the energy index. Reddit experienced a surge following news of its index inclusion.
US stock markets got off to a cautious start on the final trading day of the week. The broad S&P 500 is gearing up for its third consecutive week of gains, driven by excellent corporate earnings. In Amsterdam, the AEX slightly extended its record and was trading 0.1 percent higher at 1,121 points around 3:30 p.m.
Wall Street once again showed in the third week of August that the bullish appetite has a solid foundation. The S&P 500 index climbed to a new historical high, although the rest of the market was no longer moving in the same direction. The broader S&P 500 index added 0.36 percent for the week, the technological Nasdaq only 0.14 percent and the Dow Jones lost 0.5...
S&P 500 Extends Winning Streak to Three Weeks Despite Friday Decline
TLDR Friday saw the S&P 500 decline 0.2%, yet the benchmark secured a 0.4% weekly advance for its third consecutive winning week Thursday’s trading session produced an all-time intraday peak of 7,816.70 before the index retreated Market volatility gauge VIX touched 14.28, marking one of its most subdued levels in over three decades July retail sales figures unexpectedly declined while August consumer sentiment deteriorated Probability of Fed ma…
US actions closed downwards this Friday, after new signs of consumer weakness displaced some of the optimism over a possible pause in the Federal Reserve in September. See more: What's Coming for the Dollar in Latin America?Credicorp's projections country by countryThe S&P 500 lost 0.17% and slowed down the advance that had brought it to historic peaks.Nasdaq fell 0.28%, while the Dow Jones Industrial lost 0.20%.Even so, the S&P 500 managed to c…
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