Showing posts with the label U.S. Market Closing.

How did U. S. market Close on Monday, DEcmber 13, 2021:

Source: S&P 500 retreats from record to start the week, Dow sheds 300 points Maggie Fitzgerald, Yun Li 4-5 minutes The S&P 500 pulled back Monday as investors remained cautious about how the omicron variant will affect the economy and what the Federal Reserve will announce Wednesday. The S&P 500 fell 0.9% to 4,668.97 and sits about 1.6% from its intraday record. The Dow Jones Industrial Average traded 320 points lower to 35,650.95, dragged down by a 3.7% drop in Boeing 's stock. The technology-focused Nasdaq Composite fell

U.S. Market Closing: S&P 500 Closes at Record After Fed Says Economy is Strong Enough for It To Slow Pandemic Bond Buying.

Image Maggie Fitzgerald, Tanaya Macheel 4-5 minutes Stocks rose to new records on Wednesday after the Federal Reserve made its long-anticipated announcement to slow the monthly bond purchases the central bank implemented during the pandemic. Major averages climbed steadily into the green as the central bank said it will begin to scale back the bond buying later this month and reiterated that it would be in no rush to raise interest rates after finishing the taper next year. The Dow Jones Industrial Average rose 104.95 points to 36,157.58, after being down more than 160 points earlier in the session, and closed at a new record. The S&P 500 traded up 0.65% to 4,660.57 to a new all-time high. The Nasdaq Composite added 1% to 15,811.58 and closed at a record. This is the fourth session in a row that all three major averages closed at new highs. The Russell 2000 rose 1.8% to 2,404.28 and notched a record close. The s