S&P 500 jumps on tech rally as Powell offers scant new clues By Investing.com

[ad_1] © Reuters By Yasin Ebrahim Investing.com –The S&P 500 jumped in wild trading after Federal Reserve chairman Jerome Powell offered little new clues on policy in a speech Tuesday, reiterating the need for more rate hikes in what will likely be a long-drawn-out battle against inflation.  The rose 0.9%. the gained 0.44% or 149 … Read more

Nasdaq, S&P, Dow edge lower after unexpectedly strong jobs report; tech earnings weigh

[ad_1] 400tmax U.S. stocks edged lower on Thursday, weighed by big technology stocks and a surprisingly strong jobs report that fanned fears that the Federal Reserve could stick to keeping rates elevated. Amazon (AMZN) and Alphabet (GOOG) (GOOGL) dragged the tech-heavy Nasdaq Composite (COMP.IND) after disappointing earnings, with the index dropping 1.5%. The S&P 500 … Read more

Nasdaq, S&P, and Dow fall as payrolls data increases and tech surge stumbles

[ad_1] Michael M. Santiago/Getty Images News Major market averages opened to the downside after triple-A megacap buzzkills stopped the Big Tech party. Furthering the fuel was the pop in nonfarm payrolls data. Early on and the Nasdaq Composite (COMP.IND) lost 1.1% as it gave back some of the previous session’s big gains after Apple (AAPL), … Read more

Nasdaq, S&P 500 jump on Meta rise, Fed relief By Reuters

[ad_1] © Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photo By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and jumped and touched roughly five-month highs on Thursday as a more dovish-than-expected … Read more