China, Stock Market and Dow Jones
Digest more
Stock futures are pointing to a slightly higher open for major indexes on Wednesday as the market looks to add to big recent gains.
The Dow Jones spun a tight circle near 42,300 on Tuesday. Markets largely failed to react to US CPI inflation, which eased slightly in April. Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
While both the S&P 500 and Nasdaq Composite gained in early Tuesday trading, the Dow Jones Industrial Average was solidly in the negative — down by around 0.4%. The discrepancy in the indexes was due to one stock in particular: UnitedHealth Group.
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
Stay with Moneycontrol to get real time updates on US MARKET share price, top gainers, top losers and market insights.
The Dow Jones Industrial Average DJIA and the S&P 500 SPX remain ... Yet another reason why Monday's surge may be a bear-market rally was pointed out on Monday morning by Sam Stovall, chief investment strategist at CFRA. He wrote that "nearly two-thirds ...
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels,
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
That effectively offset a US$5 million cut to its hardware revenue guidance range, which came as Life360 redirects supply of its new pet-tracker devices away from the U.S. and into other markets. With revenue guidance unchanged at a group level, RBC analyst Wei-Weng Chen said the slight shift improved the quality of the company's outlook.