Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.
Tags: S&P 500
Global Stocks Near Record Highs as Fed Cuts Interest Rates
Global stocks are reaching record highs following recent interest rate cuts, while the Japanese yen weakened as the Bank of Japan opted not to raise rates, contrasting with trends in the US and UK.
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
Recession fears pushed global stock markets to experience a major decline on August 5, Monday with Japan's Nikkei dropping 13%, STOXX 600 3%, and Nasdaq futures 5%.
Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding
Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.
S&P 500, Dow Industrial Average Slumps Amid Possible September Interest Rate Cut From the Federal Reserve
The S&P 500 slid 0.78% on Thursday while the Dow fell 1.29%. Read more about it here. The US stock market saw a significant slump Thursday amid speculations the Federal Reserve could cut its benchmark rates in September.
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Last week’s headlines must be a frustration among the 11 S&P 500 sector exchange-traded funds as there are continuous downgrades here and there. Here are some of the results from this week’s scorecards to have a glimpse of what to watch out for.
Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.
Plunge of indexes brings the market to negative territory. Financial sectors led the plunge over fear of global financial slowdown.
Tracking sell-off on Wall Street, Asian markets turned weaker. Renewed growth concerns and effectiveness of central bank policy have worsened the investor sentiment.
S&P 500 index began this week by slide below closely watched threshold. However, on Wednesday as Asian stock continued raising for third consecutive day, indexes began to recover.
Stocks dipped to session lows on Tuesday. Shares of oil companies plunged as crude oil continued to slide. Three of major indexes also fell.
The overnight gains on the Wall Street have boosted the market sentiment on Asian bourses ahead of the US Federal Reserve's meeting. The trading on Wednesday registered positive momentum in equities across the Asian markets.
Analysts are expecting some sell-off in the stock market today as investors are expected to be cautious after the Paris attack. However, the market seems to be resilient from the attack especially the French market as investors seem to refuse to panic despite the attack.
The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.
