US stock market closes higher as US Fed minutes were positive
US stock market closes higher as US Fed minutes were positive Wall Street ended the day higher on Wednesday, boosted by minutes from the Federal Reserve’s most recent monetary policy meeting, which revealed that officials agreed that the US economy was quite robust as they struggled to control inflation without sparking a recession. The minutes
Read moreFears of slower growth in U.S.A have caused stock markets to tumble
Fears of slower growth in U.S.A have caused stock markets to tumble After statements from social media company Snap and poor economic data raised concern that the US economy was about to decline dramatically, investors sold stocks on Tuesday and bet on a less aggressive Federal Reserve policy. On Tuesday, the NASDAQ Composite, which is
Read moreBig tech and banks are driving Wall Street higher; the Dow is up 2%
Big tech and banks are driving Wall Street higher; the Dow is up 2% On Monday, US equities finished higher as bank gains and a resurgence in market-leading tech companies fueled a broad-based rally following Wall Street’s largest weekly fall since the dotcom bust more than two decades ago. All three major US market indexes
Read moreStocks in the United States finish with a mixed performance
Stocks in the United States finish with a mixed performance On Friday, May 20, 2022, the US stock market ended the day on a mixed note, with a lack of important US economic data putting some investors on the sidelines and concerns about the potential economic consequences from the Federal Reserve’s efforts to suppress
Read moreStocks end the day higher as indexes recover from their recent sell-off
Stocks end the day higher as indexes recover from their recent sell-off Stocks in the United States rose on Tuesday, helped by a rise in technology companies, as all three indexes recovered after heavy selling last week sparked by concerns about persistently rising prices and the possibility of an economic downturn. Investors mostly ignored Federal
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