U.S. stocks closed lower on Friday with the Nasdaq Composite dropping over 420 points amid a decline in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc. (NASDAQ: AAPL) shares.
Allianz chief economic adviser and noted economist Mohamed El-Erian has criticized the U.S. Federal Reserve, saying the central bank made "two big mistak
Jim Cramer on Thursday said that a significant driver of inflation is the consumer’s desire to spend money in the reopening economy and this is something that is not reflected in the data observed by the Federal Reserve and Wal
U.S. stocks closed lower on Thursday with the Nasdaq Composite dropping around 75 points amid a decline in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc. (NASDAQ: AAPL) shares.
Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals.
On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.
U.S. stocks closed higher on Tuesday with the Nasdaq Composite gaining around 360 points amid a rise in Amazon.com, Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) shares.