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US stocks rise as megacaps, chipmakers jump

[ad_1] US stock indices edged higher on Tuesday as most megacap stocks and chipmakers jumped on optimism over three interest rate cuts this year. At 09:33 a.m. ET, the Dow Jones Industrial Average was up 70.78 points, or 0.18 per cent, at 39,384.42, the S&P 500 was up 15.22 points, or 0.29 per cent, at 5,233.41, and the Nasdaq Composite was up 73.22 points, or 0.45 per cent, at…

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Markets

Wall Street week ahead: Investors’ focus on Fed speakers, PCE index

[ad_1] Stock market investors on Wall Street in the week ahead will be watching the Federal Reserve’s preferred inflation gauge — the Personal Consumption Expenditures (PCE) index and speeches from a host of Fed speakers including Chair Jerome Powell. The week will also see data on durable goods orders and consumer confidence. Last week, the US central bank kept its interest rates unchanged and also signalled three rate cuts…

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Markets

Before Market Opens: 9 essential things to know at 9 am on March 22, 2024

[ad_1] Before Market Opens: Indian markets are likely to open ona positive note on Friday following gains in Asian peers after Wall Street hit record closing highs on rate-cut optimism. Meanwhile, Gift Nifty was trading 15 points higher, indicating a positive start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: View Full Image Wall Street (REUTERS) Wall Street’s three major stock…

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Markets

US stocks mixed ahead of Fed rate decision

[ad_1] US stocks opened mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday. The S&P 500 opened lower by 10.33 points, or 0.20%, at 5,139.09, while the Nasdaq Composite dropped 71.52 points, or 0.44%, to 16,031.93 at the opening bell. The Dow Jones Industrial Average rose 29.18 points, or 0.08%, at the open to 38,819.61.  Milestone Alert! Livemint tops charts as the fastest growing…

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Markets

US stocks rally, megacaps lift Nasdaq higher

[ad_1] US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average was up 150.05 points, or 0.39 per cent, at 38,864.82, the S&P 500…

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