The Dow Jones Industrial Average reversed higher on Friday after headline inflation data, with the early release of the PCE price index. Meanwhile, Dow Jones chip maker Intel (INTC) fell more than 10% on a profit loss. X Investors received the breakdown of personal income and spending for December, and monthly inflation data for personal …
Stocks rally after inflation data: Intel drops on earnings Read More »
US stocks rose on Friday, closing the week on an optimistic note, driven by strong gains in the technology sector. The S&P 500 (^GSPC) ended Friday 1.9% higher, although it closed the week down 0.7%. The Dow Jones Industrial Average (^DJI) rose 1.0% on Friday. The technology-heavy Nasdaq Composite (^IXIC) closed up 2.9%, its biggest …
After Bitcoin (BTC) reached a yearly high of $19,501 on January 13, where is it headed next? Bitcoin is currently experiencing a surge of bullish momentum after the positively perceived Consumer Price Index (CPI) report was followed by a strong rally across the cryptocurrency market. The recent rally in Bitcoin has created increased volume levels …
Bitcoin’s rally to $19.5K has analysts exploring where Bitcoin’s price might go next Read More »
Dow futures fell slightly in extended trade ahead of Federal Reserve Chairman Jerome Powell’s speech on Tuesday. The Dow Jones Industrial Average rose as much as 305 points on Monday before reversing lower. X Powell speech, inflation data, earnings Federal Reserve Chairman Powell will deliver a speech at the Sveriges Riksbank International Symposium on Central …
Futures: Rally stumbles ahead of Powell’s speech Read More »
The Dow Jones Industrial Average rose on Monday, looking to add to solid gains in the stock market on Friday. December quarter earnings season kicks off this week, with highly anticipated results from Dow Jones members c. B. Morgan Chase (JPM) f United Health Group (United nations). And Tesla (TSLA) stock continued its rebound after …
US stock futures crept higher early Monday as stocks tried to maintain momentum from their first big rally of the year last week. Futures related to the S&P 500 (^GSPC) rose 0.4%, while futures on the Dow Jones Industrial Average (^DJI) rose 95 points, or 0.3%. Contracts in the technology-heavy Nasdaq Composite (^IXIC) rose 0.4%. …
