Stocks Category

May 9, 2022
Dollar rises as equity markets are jolted by nervousness

Dollar rises as equity markets are jolted by nervousness The dollar started the week on a solid note, bolstered by dramatically increasing US yields and investors’ flight to safety as Chinese lockdowns, conflict on the outskirts of Europe, and fear of higher interest rates pushed markets into a frenzy. In early trade, the US dollar

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May 6, 2022
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5%.

Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5% US equities fell on Thursday, giving back gains made on Wall Street the day before, as traders continued to mull over the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow, and NASDAQ all fell precipitously. Tech stocks underperformed,

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May 5, 2022
Markets rally after Powell downplays the possibility of any larger rate hikes

Markets rally after Powell downplays the possibility of any larger rate hikes The market – Dow Jones Industrial Average gained more than 900 points, and the S&P 500 gained the most in two years, as Federal Reserve Chair Jerome Powell downplayed the chance of an even greater interest rate hike after announcing the steepest rate

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May 4, 2022
Stocks increase for the second day in a row ahead of the predicted Fed move

Stocks increase for the second day in a row ahead of the predicted Fed move U.S. stocks climbed marginally as investors awaited a key Federal Reserve decision. The S&P 500 increased 0.48 percent to 4,175.48. The Dow Jones Industrial Average closed at 33,128.79, up 67.29 points, or 0.20 percent. The NASDAQ Composite, which is heavily

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May 3, 2022
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3%

Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3%   Wall Street’s main indexes fell on Monday, giving up early gains in tragic trade, as investors became more cautious ahead of this week’s Federal Reserve meeting, when officials are largely anticipated to hike interest rates. In addition to the weakening in

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