New York, U.S. | Xinhua | U.S. stocks advanced for the week as Wall Street assessed a batch of earnings reports and economic data. For the week ending Friday, the Dow gained 0.4 percent, the S&P 500 rose 1.3 percent and the tech-heavy Nasdaq Composite advanced 2.7 percent. For October, the …
Read More »U.S. equities post weekly gains amid Fed minutes, earnings
New York, U.S. | Xinhua | U.S. stocks advanced for the week as investors sifted through minutes from the Federal Reserve’s recent meeting and a slew of earnings reports. For the week ending Friday, the Dow rose 1.6 percent, while the S&P 500 and the tech-heavy Nasdaq Composite climbed 1.8 percent …
Read More »U.S. equities post mixed results as investors eye stimulus, economic data
New York, U.S. | Xinhua | U.S. equities posted mixed results in the holiday-abbreviated week as investors assessed the possibility of further fiscal stimulus, while sifting through a slew of economic data. For the week ending Friday, the Dow rose 0.1 percent, the S&P 500 fell 0.7 percent and the Nasdaq …
Read More »U.S. equities post modest weekly gains as traders eye stimulus, economic data
New York, U.S. | Xinhua | Wall Street’s major averages advanced in the week as investors assessed the possibility of a U.S. stimulus bill, while digesting a slew of economic data. For the week ending Friday, the Dow finished up 1 percent, the S&P 500 added 1.2 percent, and the Nasdaq …
Read More »U.S. equities notch best week since November
New York, U.S. | Xinhua | U.S. stocks advanced considerably in the week as retail trading frenzy cooled and Wall Street expected that a slew of downbeat data could boost the possibility of additional stimulus. For the week ending Friday, the Dow increased 3.9 percent, while the S&P 500 index and …
Read More »U.S. equities post weekly gains in kicking off 2021
New York, U.S. | Xinhua | Wall Street’s major averages advanced in the first trading week of the new year as investors shrugged off the turmoil in Washington and a weaker-than-expected December U.S. employment report. All the three major indexes finished higher on Friday after achieving their respective milestones in the …
Read More »U.S. equities post weekly gains amid stimulus talks, Fed decision
New York, US | Xinhua | Wall Street’s major averages eked out gains in the week as investors monitored negotiations on additional U.S. fiscal stimulus and pored through the Federal Reserve’s latest statement. For the week ending Friday, the Dow rose 0.4 percent, while the S&P 500 and the Nasdaq climbed …
Read More »U.S. equities post mixed weekly results amid soaring COVID-19 cases
New York, US | Xinhua | U.S. equities posted mixed results in the week as Wall Street was worried that the country’s soaring COVID-19 infections could cast a shadow on its economic recovery. For the week ending Friday, the Dow declined 0.7 percent, and the S&P 500 fell 0.8 percent, while …
Read More »U.S. equities post mixed weekly results amid surging COVID-19 cases, vaccine news
New York, US | Xinhua | Wall Street’s major averages posted mixed results in the week as investors digested news on a coronavirus vaccine candidate, while continuing to show concerns over soaring U.S. COVID-19 infections. For the week ending Friday, the Dow climbed 4.1 percent, the S&P 500 gained 2.2 percent, …
Read More »U.S. equities post modest weekly gains with Trump’s coronavirus diagnosis
New York, US | XINHUA | Wall Street’s major averages climbed modestly in the week as investors focused on news about U.S. President Donald Trump’s positive test for COVID-19 as well as updates of a fresh round of U.S. fiscal stimulus. For the week ending Friday, the Dow added 1.9 percent, …
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