Before a significant US inflation gauge, Wall Street is nervous: markets wrap

Following the largest daily sell-off in months for the main indices, US equities rose on Thursday. The S&P 500 (^GSPC) had a 1% rise. After both indexes ended nine-day winning streaks, the teach-heavy Nasdaq Composite (^IXIC) surged more than 1.2%, while the Dow Jones Industrial Average (^DJI) increased by 0.9%. A flurry of economic data … Read more

Today’s stock market news S&P 500 and Dow decline after Fed minutes indicate more rate increases

The Dow Jones Industrial Average (DJI) dropped roughly 80 points, or 0.3%, while the S&P 500 (GSPC) fell 0.2%. With a 0.1% gain, the technologically significant Nasdaq Composite (IXIC) stood out. “Participants concurred that the Federal Open Market Committee had made significant progress over the past year in moving towards a sufficiently restrictive stance of … Read more

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