Wall Street closed mixed after yo-yo trading
The New York Stock Exchange's mood went yo-yo on Friday, ultimately closing mostly in the red. But several major technology companies made a strong comeback after very volatile trading.
BusinessThe New York Stock Exchange's mood went yo-yo on Friday, ultimately closing mostly in the red. But several major technology companies made a strong comeback after very volatile trading.
BusinessThursday was filled with red numbers on Wall Street as the leading indexes on the New York Stock Exchange fell. Uncertainty surrounding the AI sector continues.
BusinessThe US Federal Reserve (Fed) is cutting its key interest rate by 0.25 percentage points to a range of 3.75–4.00 percent, as expected. They seem fairly comfortable with the economic situation, says Maria Landeborn, senior strategist at Danske Bank.
BusinessThe Trump administration is gearing up for a new tariff shock next year – on industrial robots, machines and healthcare items. They need the money. I think it's a reason why they're looking at more goods, says Elisabet Kopelman, US economist at SEB.
BusinessInflation in the USA amounted to 2.7 percent in August compared to the same period the previous year. It can be compared to an average forecast of 2.7 percent among analysts and 2.6 percent the previous month.
BusinessNew York stock exchange turned up on Thursday, the day after the message from the US central bank about the year's first interest rate cut.
BusinessNew York stock exchange climbed somewhat but fell back after Fed's expected message about the year's first interest rate hike.
BusinessUSA's central bank Federal Reserve (Fed) lowered as expected the interest rate by 0.25 percentage points. Fed also sends signals of two more interest rate cuts this year.
BusinessThe Stockholm stock exchange traded modestly upwards on Wednesday, the broad OMXS index closed at a plus of 0.1 percent.
BusinessThe Stockholm stock exchange began the week's trading slightly upwards, with a downturn on Monday afternoon. The broad OMXS index closed at a plus of 0.2 percent.
BusinessInflation in Germany, Europe's largest economy, rose to 2.2 percent in August, according to the statistics office Destatis. It is in line with preliminary calculations and market expectations.
BusinessThe Stockholm stock exchange fell slightly on Wednesday. Against the trend went the hardware chain Clas Ohlson with a course rally of over 13 percent.
BusinessThe Stockholm stock exchange began the trading week with an upturn. The OMXS index closed 0.6 percent up.
BusinessThe gold rally may gain new momentum if the Trump administration's attempts to clean out the Federal Reserve (Fed) damage the market's confidence in the US central bank, warn the professionals at Goldman Sachs.
BusinessThe trend was negative on the major European stock exchanges on Wednesday, despite the news that ministers from China and the US would meet later in the week to discuss the trade war. The Stockholm stock exchange fluctuated around zero during the day, and the broad OMXS index closed 0.1 per cent up.
BusinessThe Stockholm Stock Exchange started the week down. The broad OMXS index fell 0.4 percent, weighed down by declines in industrial companies.
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