US stocks finished higher on Friday, driven by strong earnings reports from Alphabet and Microsoft, sending the tech-heavy Nasdaq 2% higher. The S&P 500 was up 1%, while the Dow Jones gained 153 points as investors brushed off concerns about elevated prices,...
U.S. Market
US Stock Rise, Led by Tech
US stocks were trading higher on Friday afternoon, driven by strong earnings reports from Alphabet and Microsoft, sending the tech-heavy Nasdaq over 2% higher. The S&P 500 was up 1.2%, while the Dow Jones gained over 200 points as investors brushed off concerns...
Week Ahead – April 29th
In the US, all eyes will be on the Fed's interest rate decision on Wednesday, followed closely by the labor market report on Friday. Also, investors will be scrutinizing ISM Manufacturing and Services PMI’s, alongside JOLTs job openings data, foreign trade figures,...
AbbVie Hits 15-week Low
AbbVie decreased to a 15-week low of 159.95 USD. Over the past 4 weeks, AbbVie lost 11.2%, and in the last 12 months, it increased 7.58%.Source : Trading Economic
Goldman Sachs Hits All-time High
Goldman Sachs increased to an all-time high of 426.29 USD. Over the past 4 weeks, Goldman Sachs gained 2.57%, and in the last 12 months, it increased 24.68%.Source : Trading Economic
The Dow Jones Index Closes 0.56% Higher
In New York, the Dow Jones Index went up by 211 points or 0.56 percent on Friday. Top gainers were American Express (5.97%), JPMorgan (2.50%) and Amgen (2.35%). Biggest losses came from Amazon (-2.54%), Intel (-2.37%) and Microsoft (-1.29%).Source : Trading Economic
S&P 500 and Nasdaq Fall for 6th Session
The S&P 500 fell almost 0.9% to below 5K while the Nasdaq slid 2% on Friday, as Nvidia and Netflix dragged along with woes linked to geopolitical tensions and persistent inflation. Netflix sank 9% after its Q2 revenue guidance disappointed. Nvidia tumbled nearly...
Philip Morris International Hits 4-week High
Philip Morris International increased to a 4-week high of 92.70 USD. Over the past 4 weeks, Philip Morris International lost 1.07%, and in the last 12 months, it decreased 4.21%.Source : Trading Economic
American Express Hits 4-week High
American Express increased to a 4-week high of 229.93 USD. Over the past 4 weeks, American Express gained 0.84%, and in the last 12 months, it increased 40.75%.Source : Trading Economic
Week Ahead – April 22nd
In the United States, all eyes will be on Q1 GDP growth rate and PCE prices, alongside personal income and spending figures. Additionally, investors will closely monitor durable goods orders, S&P Global Manufacturing and Services PMI's and pending and new home...