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Wall St closed lower on Friday as investors maintain concerns over US interest rates. The Dow Jones fell 0.7%, the S&P500 lost 1.32% and the tech-heavy Nasdaq dropped 2.24%.Investor concerns for US interest rates rose, when Federal Reserve Chair, Jerome Powell, commented that the central bank “wasn’t in a hurry” to cut interest rates.Over in Europe, markets closed lower, recording a fourth consecutive weekly decline. The STOXX600 fell 0.76% with media stocks dropping 3%, whilst mining sto...
Wall St closed mixed overnight as investors await AI giant Nvidia’s upcoming earnings report. The Dow Jones gained 0.32%, the S&P500 closed flat and the tech heavy Nasdaq fell 0.11%.Investors are awaiting results from Nvidia whose results could hold more significance than some key economic...
Published 11/20/24
Wall Street closed higher on Tuesday despite rising geopolitical tensions between Russia and Ukraine. The Nasdaq led the gains with a rise of 1% as Nvidia popped 5% ahead of the release of its earnings results out on Wednesday. The S&P500 ended Tuesday’s session up 0.5% and the Dow Jones...
Published 11/19/24