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U.S. markets ended in the green on Monday over optimism that the debt ceiling talks scheduled on Tuesday could yield some results. However, concerns over the Federal Reserve's monetary policy appeared to resurface after Atlanta Fed President Raphael Bostic said he would vote to hold interest rates...

U.S. markets ended mixed on Thursday with the S&P 500 and the Dow Jones recording losses dragged by Walt Disney Co (NYSE:DIS) and PacWest Bancorp (NASDAQ:PACW) and the Nasdaq registering gains led by Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). In another development, President Joe Biden and...

Major Wall Street indices closed in the red on Tuesday as investors and traders continued to maintain caution ahead of the release of inflation data as well as the outcome of meeting between President Joe Biden and House Speaker Kevin McCarthy in regard to the debt ceiling crisis. However, Biden...

Major Wall Street indices closed mixed on Monday ahead of the release of the consumer price inflation data on Tuesday. Market participants are also awaiting the outcome of the meeting between President Joe Biden and House Speaker Kevin McCarthy in regard to the debt ceiling crisis. The Nasdaq...

U.S. markets ended in the red on Thursday as concerns regarding the banking sector gained momentum following PacWest Bancorp's (NASDAQ:PACW) move to explore strategic options. PacWest shares closed over 50% lower while Western Alliance Bancorporation (NYSE:WAL) shares lost over 38% on Thursday....

U.S. markets ended in the red on Wednesday after recording initial gains following the Federal Reserve hiking the policy rate by 25 basis points that came in line with expectations. Markets pared the initial gains after Fed Chair Jerome Powell said the central bank still sees inflation as too high...

Major Wall Street indices closed over 1% lower on Tuesday as concerns over a banking crisis once again came to the fore and market participants maintained caution ahead of the Federal Open Market Committee's interest rate decision scheduled to be announced on Wednesday. Bank shares declined and...

U.S. markets ended in the red on Monday as market participants weighed in the news of JPMorgan Chase & Co (NYSE:JPM) taking over First Republic Bank (NYSE:FRC) and displayed cautiousness ahead of the Federal Reserve's interest rate decision this week. The Nasdaq Composite closed 0.11% lower...

U.S. markets soared on Thursday with all major indices gaining over 1.5% as strong tech earnings overshadowed investor concerns over a slowing economy. Upbeat results from Meta Platforms Inc (NASDAQ:META) coupled with those of Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:...

U.S. markets ended mixed on Wednesday after strong set of earnings from certain companies countered the impact of weak economic data that reportedly showed new orders for key U.S.-manufactured capital goods declined more than expected in March. The uncertainty over the debt ceiling crisis also...

Major Wall Street indices closed over 1% lower on Tuesday as a plunge in deposits at First Republic Bank (NYSE:FRC) rekindled investor concerns about the banking sector's health, while a sluggish forecast by United Parcel Service, Inc. (NYSE:UPS) added to worries about the economy. Market...

U.S. markets ended mixed on Monday with the Nasdaq Composite closing the session in the red as investors and traders await earnings from big names this week. What Happened: While Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Microsoft Corp (NASDAQ:MSFT) are scheduled to announce their quarterly...

U.S. markets ended mixed on Wednesday after economic data releases sparked fears of recession among investors and traders. What Happened: The Institute for Supply Management said its non-manufacturing PMI declined to 51.2 last month from 55.1 in February, indicating the services sector slowed more...

U.S. markets ended mixed on Monday as Wall Street refused to pare gains made last week in response to The Organization of the Petroleum Exporting Countries and its allies announcing a surprise reduction in oil production by 1.16 million barrels per day beginning May. What Happened: Energy stocks...

Major Wall Street indices closed in the green on Thursday as investors began weighing in on a potential pause in interest rate hikes by the Federal Reserve following the March policy announcement. Some bottom-fishing at current levels could also have supported stocks. The Nasdaq Composite closed 1....