US stocks end higher despite Powell’s hawkish comments

US stocks rose on Thursday as investors digested comments from Federal Reserve Chair Jerome Powell and as the European Central Bank took forceful steps to tame inflation. The S&P 500 rose 26.31 points, or 0.7%, to 4006.18. [image]
2022-09-09 12:00uSMART

The Nasdaq slides for the seventh day in a row

U.S. stocks close lower as the upbeat survey on the country’s vast service industry sharpen fed rates rise fears. The Nasdaq Composite fell for a seventh consecutive session, its longest losing streak since November 2016. The index fell 0.7 per cent, while the broader S&P 500 index slid 0.4 per cent [image]
2022-09-07 11:03uSMART

Euro fell to 20-year-low after Russian pipeline shutdown

The euro hit a new 20-year low on Monday after Russia’s decision to halt a major gas pipeline to Europe, which fell 0.7% to $0.988. These action intensified the energy crisis and gave a heavy blow to the region’s economy [image]
2022-09-06 10:00uSMART

U.S stocks slide for third week despite solid jobs report

All of the major averages were lower to record their third consecutive weekly decline. The Dow and S&P lost roughly 3% and 3.3%, respectively, while the Nasdaq fell 4.2% [image]
2022-09-05 10:00uSMART

U.S. Jobless Claims Fall to Lowest Level in Two Months

Stock Market's Worst Month Gets Even More Dicey With Hawkish Fed; US Jobs Data Have Potential to Push Fed Toward Third Jumbo Hike; U.S. Jobless Claims Fall to Lowest Level in Two Months. [image]
2022-09-02 17:51uSMART

S&P 500 Drops 4.2% in August; Fed Is in Focus

U.S. stocks fell across the board Wednesday, marking the fourth straight day of declines driven by an expectation of tighter Federal Reserve policy. Major indexes slid between 4% and 5% in August, their worst monthly performances since June. [image]
2022-09-01 11:07uSMART

US Markets wrapped up 3% lower after Fed Chair Jerome Powell expressed the Fed’s persistence in bringing down inflation

US Markets wrapped up 3% lower after Fed Chair Jerome Powell expressed the Fed’s persistence in bringing down inflation [image]
2022-08-29 11:03uSMART

Dow jumps 300 points higher with all eyes on Jackson Hole speech

U.S. stocks rose on Thursday as investors braced themselves for developments from the Jackson Hole central bankers’ summit. The Dow spiked 322.55 points, or 0.98%, with gains accelerating in the final hour of trading. The S&P 500 jumped 1.41%, and the Nasdaq Composite advanced 1.67% [image]
2022-08-26 10:00uSMART

U.S. stocks closed modestly higher as ahead of Jackson Hole Speech

US stock markets were more muted on Wednesday. The S&P 500 ended 0.3% higher. The Dow Jones Industrial Average and Nasdaq also inched higher. Investors hope a clarity about where interest rates are heading during the upcoming symposium [image]
2022-08-25 10:00uSMART