SP500 falls despite strong data
US stock market snapped three session winning streak Friday despite positive data. The S&P 500 lost 0.6% to 2859.53, ending 0.8% lower for the week notwithstanding announcement US and Canada reached a deal to end tariffs on aluminum and steel products from...
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US stocks fall for second day
US stock market retreat deepened on Tuesday after US Trade Representative Lighthizer confirmation Monday that Washington will increase tariffs on $200 billion in Chinese goods early Friday following President Trump’s Sunday tweet. The S&P 500 lost 1.7% to 2884.05...
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Dollar weakens despite stronger than expected GDP data
US stock market rebounded on Friday boosted by stronger than expected GDP report. The S&P 500 rose 0.5% to record high 2939.88, ending 1.2% higher for the week. Dow Jones industrial advanced 0.3% to 26543.33. The Nasdaq gained 0.3% to fresh...
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Dollar declines on existing homes sales fall
US stock market edged higher on Monday on mixed data after reopening following Easter Holiday. The S&P 500 added 0.1% to 2907.97 as the Chicago Fed national activity index rose to negative 0.15 in March from negative 0.31 in February. Dow Jones...
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Dollar strengthening resumes on initial claims data
US stock market advance paused on Thursday as investors awaited first quarter earnings reports of JPMorgan and Wells Fargo due today. The S&P 500 added 0.11 points to 2888.32. The Dow Jones industrial average slipped 0.05% to 26143.05. Nasdaq...
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Dollar strengthens despite Q4 GDP downgrade
US stock market rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500rose 0.4% to 2815.44. The Dow Jones industrial average advanced 0.4% to 25717.46. Nasdaq composite index added 0.3% to 7669.17. The dollar...
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Dollar gains on trade deficit narrowing
US stock market pulled back on Wednesday as bond yields continued falling while demand for safer government debt remained strong. The S&P 500 slid 0.5% to 2805.37. The Dow Jones industrial average slipped 0.1% to 25625.59. Nasdaq composite index fell 0.6%...
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Dollar weakening stalls despite soft data
US stock market resumed advancing on Tuesday led by energy and financial shares. The S&P 500 rose 0.7% to 2818.46. Dow Jones added 0.6% to 25657.73. The Nasdaq gained 0.7% to 7691.52. The dollar weakening stalled despite soft data indicating housing...
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Dow edges higher led by Boeing data
US stock market slide continued on Monday. The S&P 500 slipped 0.1% to 2798.36. Dow Jones industrial however managed to end 0.1% higher at 25516.83 thanks to Boeing 2.3% rebound. The Nasdaq composite slid 0.1% to 7637.54. The dollar weakened: the live dollar...
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Dollar strengthens on strong home sales data
US stock market ended sharply lower on Friday as the spread between three-month and 10-year yields turned negative. S&P 500 fell 1.9% to 2800.71, closing 0.8% lower for the week. Dow Jones industrial fell 1.8% to 25502.32. The Nasdaq dropped 2.5% to...
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US stocks end mostly lower
US stock market ended marginally lower on Tuesday as investors risk appetite was undermined by reports China resists to US demands in trade negotiations. The S&P 500 slipped 0.01% to 2832.57. Dow Jones slid 0.1% to 25887.38. The Nasdaq however rose 0.1% to 7723.95...
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Dollar weakens after weaker than expected industrial data
US stock market resumed advancing on Friday. S&P 500 rose 0.5% to 2822.48, closing 2.9% higher for the week.Dow Jones industrial gained 0.5% to 25848.87. The Nasdaq added 0.8% to 7688.53. The dollar strengthening reversed on a weaker...
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Dollar weakening pauses as inflation rises
US stock market added to previous session gains on Tuesday led by the health care and utilities shares. The S&P 500 gained 0.3% to 2791.52. Dow Jones however slid 0.4% to 25554.66 dragged by continued slump of Boeing as more airlines grounded their...
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Dollar weakens despite retail sales recovery
US stock market rebounded on Monday led by technology shares. The S&P 500 advanced 1.5% to 2783.30. Dow Jones industrial gained 0.8% to 25650.88. The Nasdaq composite jumped 2% to 7558.06. The dollar weakening accelerated despite data showing above...
Dollar pauses as trade deficit soars
US stock market pulled back third session in a row on Wednesday amid new round of weak data. The S&P 500 lost 0.7% to 2771.45. The Dow Jones industrial average slid 0.5% to 25673.46 led by technology, energy and health-care stocks. Nasdaq composite index...
Dollar strengthens despite falling construction spending
US stock market pulled back on Monday as optimism about possible US-China trade deal by the end of month receded. Washington delayed the raising of tariffs on $200 billion in Chinese goods initially set to increase to $25% from 10% on the...
Dollar rises as trade deficit tumbles
US stock market pulled back on Wednesday. The S&P 500 slid 0.2% to 2731.62 led by energy and communication-services shares. The Dow Jones industrial average slipped 0.1% to 25390.30. Nasdaq composite index fell 0.4% to 7375.28. The dollar strengthening...
Dollar strengthens despite slower services expansion
US stock market extended gains on Tuesday on upbeat corporate reports. The S&P 500 added 0.5% to 2737.70. Dow Jones rose 0.7% to 25411.52. The Nasdaq gained 0.7% to 7431.50. The dollar strengthening continued despite Institute for Supply...
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Dollar strengthens despite falling factory orders
US stock market started the week on stronger note led by Microsoft and Apple rally. The S&P 500 gained 0.7% to 2724.87. Dow Jones industrial added 0.7% to 25239.37. The Nasdaq composite index rose 1.2% to 7347.54. The dollar strengthening...
Dollar falls as Powel says Fed can wait
US stock market rallied on Wednesday as Federal Reserve held rates unchanged at a range of 2.25% to 2.50% and said it would be “patient” in determining whether to proceed with further tightening of monetary policy. The S&P 500 gained 1.6% to 2681.05. The...
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