Market News
- The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned.
Tag: USTEC
CFD Indices – S&P 500 & Nasdaq At Record High On Optimism About US Economic Stimulus
Market News
- Wall Street peaked overnight, with both the S&P 500 and Nasdaq Composite closing at record highs, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S.
CFD Indices – Yellen’s Hefty Fiscal Package Lifted US Indices.
Market News
- Wall Street’s main indexes closed higher last night as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package where the benefits will outweighed the costs of a higher debt burden before lawmakers to help the world’s largest economy ride out a pandemic-driven slump.
CFD Indices – Banking Stocks And Exxon Mobil Dragged US Indices Lower.
Market News
- Last Friday, Wall Street’s main indexes finished lower, weighed down by big U.S. banks such as Wells Fargo, JPMorgan and Citigroup after their earnings reports, while the energy sector fell sharply due to a regulatory probe into Exxon Mobil.
CFD Indices – Labour Market Dampened Stimulus Hopes
Market News
- Wall Street closed lower on Thursday as hopes for fresh fiscal stimulus ahead of President-elect Joe Biden’s pandemic aid proposal were pitted against a weakening labour market.