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  1. 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...
  2. IFC Markets

    US stocks edge higher

    Dollar strengthening decelerates US stock market resumed advancing on Monday led by technology shares. The S&P 500 gained 0.3% to 2985.03. Dow Jones industrial added 0.1% to 27171.9. The Nasdaq composite rose 0.7% to 8204.14. The dollar strengthening decelerated: the live dollar index data...
  3. IFC Markets

    Powell hints at imminent rate cut

    Nasdaq closes at record US stock market extended gains on Wednesday after Powell testimony confirmed Federal Reserve plans a rate cut in July. The S&P 500 rose 0.5% to 2993.07. The Dow Jones industrial average gained 0.3% to 26860.20. Nasdaq composite index advanced 0.8% to record 8202.53...
  4. 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...
  5. IFC Markets

    Futures indicate higher US market opening today

    Dollar strengthens ahead of June jobs report US stock market will reopen today after Independence Day holiday. All three main US indexes logged record high closings on Wednesday. Futures on three main US stock indices indicate higher openings today. The dollar declined yesterday: the live...
  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

    US market pauses ahead of earnings

    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...
  8. 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...
  9. 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...
  10. IFC Markets

    US stocks rise fifth straight session

    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...
  11. 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...
  12. IFC Markets

    US stocks fall on renewed global growth concerns

    Dollar slips as home sales decline US stock market snapped 4-session winning streak on negative implications of slower China’s growth data to global growth outlook. The S&P 500 fell 1.4% to 2632.90. Dow Jones lost 1.2% to 24404.48. The Nasdaq dropped 1.9% to 7020.36. The dollar weakening...
  13. IFC Markets

    US stock market rebounds on strong sales hopes

    Dollar strengthening slows US stocks recovered on Monday on expectations of strong sales in the holiday season. The S&P 500 rose 1.6% to 2673.45. Dow Jones industrial gained 1.5% to 24640.24. The Nasdaq composite index rallied 2.1% to 7081.85. The dollar strengthening slowed: the live dollar...