Dollarhide, chief executive officer at Longbow Asset Management.... “ What is the outlook for these

NEW YORK: Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell. The SP 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions. The SP 500 recovered 4.3 percentage points from i

BENGALURU: The SP 500 ended lower and the Nasdaq higher on Thursday after US inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while Salesforce climbed following an up upbeat forecast. The Nasdaq reached its highest in over four weeks after a Commerce Department report showed the Personal Consumption Expenditures( PCE) price index, considered the central bank's preferred inflation gauge, climbed 3.3% in July on an annual basis, i

LOS ANGELES( REUTERS)-Former US president Donald Trump’s plan to create a social media app after Twitter and Facebook barred him won an endorsement from investors on Thursday( Oct 21) who sent shares in a shell company backing the effort soaring. Trump Media and Technology Group and Digital World Acquisition Corp, a Special Purpose Acquisition Vehicle( SPAC), announced on Wednesday they would merge to create a new social media app called TRUTH Social. Trump’s company said it plans a beta launch