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  1. IFC Markets

    SP500 logs fourth straight loss after Trump announces new China tariffs

    Dollar weakens as manufacturing slows US stock indexes relinquished early gains on Thursday after President Trump tweeted US will impose a 10% tariff on $300 billion of Chinese imports from September 1. The S&P 500 lost 0.9% to 2953.56. The Dow Jones industrial average fell 1.1% to...
  2. IFC Markets

    US stocks close at records on strong quarterly reports

    Dollar strengthens despite slower Q2 GDP data US stock market advance resumed on Friday led by technology shares. The S&P 500 rose 0.8% to record high 3025.86, rebounding 1.6% for the week. Dow Jones industrial gained 0.2% to 27192.45. The Nasdaq advanced 1.1% to 8330.21 buoyed by 12% rally...
  3. IFC Markets

    US stocks post back to back losses

    Beige Book reveals US growth little changed US stock market retreat continued on Wednesday after mixed earnings reports and no news on US-China trade negotiations status chaneg . The S&P 500 fell 0.7% to 2984.42. The Dow Jones industrial average slid 0.4% to 27219.85. Nasdaq composite index...
  4. IFC Markets

    Dow, SP 500 post back to back record closes

    Dollar strengthening accelerated as wholesale inflation slowed US stock market advance accelerated on Friday as Powell’s testimony reaffirmed expectations of a Fed rate cut at the end of month. The S&P 500 gained 0.5% to 3013.75, adding 0.8% for the week. Dow Jones industrial rallied 0.9% to...
  5. IFC Markets

    US stocks pulled back as rate cut expectations moderate

    Dollar strengthened on strong June jobs report US stock market pulled back on Friday as strong jobs report dampened Fed rate cut expectations. The S&P 500 slid 0.2% to 2990.41, rebounding 1.7% for the week. Dow Jones industrial lost 0.2% to 26922.12. The Nasdaq slipped 0.1% to 8161.79. The...
  6. IFC Markets

    All three major benchmarks close at records

    DJI and Nasdaq join SP500’s record spree US stock market closed at record on Wednesday in a short session ahead of July 4 holiday. The S&P 500 rose 0.8% to record 2995.82. The Dow Jones industrial average gained 0.7% to record high 26966. Nasdaq composite index advanced 0.8% to record...
  7. IFC Markets

    Global stocks mixed as slowdown concerns linger

    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...
  8. IFC Markets

    Stocks fall as yield curve inverts

    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...
  9. IFC Markets

    Fed cuts rate hikes projections to zero

    Stocks fall and dollar weakens after dovish Fed US stock market continued retreating on Wednesday led by bank shares after dovish Fed decision. The S&P 500 slid 0.3% to 2824.23. The Dow Jones industrial average fell 0.6% to 25745.67. Nasdaq composite index however added 0.1% to 7728.97. The...
  10. IFC Markets

    Fed announces interest rate decision today

    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...
  11. IFC Markets

    US stock market edges higher

    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...
  12. IFC Markets

    Equities retreat on global slowing concerns

    Dollar weakens after weaker than expected jobs data US stock market extended losses fifth session in a row on Friday with weak labor market and China export data undermining market sentiment. S&P 500 slid 0.2% to 2743.07, closing 2.2% lower for the week. Dow Jones industrial slipped 0.1% to...
  13. IFC Markets

    Microsoft and Apple rally leads US stocks higher

    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...
  14. IFC Markets

    US stocks slip ahead of Fed decision

    Fed expected to keep rates unchanged US stock market ended mostly lower on Tuesday as weak data signaled slowing pace of US economic expansion. The S&P 500 slipped 0.2% to 2640. Dow Jones however rose 0.2% to 24579.96 led by Pfizer and 3M. The Nasdaq dropped 0.8% to 7028.29. The dollar...
  15. IFC Markets

    US stock indexes bounce back

    Dollar weakens as inflation slows US stock market ended higher on Wednesday supported by news China is prepared to allow foreign corporations greater access to the Chinese market. The S&P 500 added 0.5% to 2651.07. The Dow Jones industrial average rose 0.6% to 24527.27. Nasdaq composite index...
  16. IFC Markets

    US stock market retreats as oil plunges

    Dollar weakens as budget deficit widens US equities retreat continued on Tuesday while oil prices accelerated declines. The S&P 500 slipped 0.2% to 2722.18. Dow Jones industrial average lost 0.4% to 25286.49. The Nasdaq composite index however added 0.1 point to 7200.87. The dollar...
  17. IFC Markets

    Trade hopes lift US stocks market

    Trump says US deal with China “has to be great” US equities rebounded on Tuesday after President Trump’s late Monday comment the US “will make a great deal with China and it has to be great, because they’ve drained our country.” The S&P 500 gained 1.6% to 2682.63. Dow Jones industrial average...