May 07, 2021 08:10 PM IST
The jobs report alleviated concerns about rising inflation and potentially higher U.S. interest rates which would weigh on the valuations of growth companies.
- May 06, 2021 10:37 PM IST
Investors are now awaiting a more comprehensive non-farm payrolls report on Friday for clues on the strength of the labor market and potentially the U.S. Federal Reserve's stance on monetary policy.
- May 03, 2021 07:49 PM IST
Markets are also keeping an eye on the coronavirus crisis in India, where there have now been some 20 million cases and much of the country's health system has been overwhelmed.
- Apr 30, 2021 09:59 PM IST
Nine of the 11 major S&P 500 sectors were trading lower, with technology, materials and energy falling more than 1% each.
- Apr 09, 2021 09:22 PM IST
US Treasury yields rose, hitting session highs in the wake of the PPI report, which provided further evidence that the world's largest economy was on a stable road to recovery from the pandemic.
- Apr 05, 2021 08:36 PM IST
Ten of the 11 major S&P sectors rose, with consumer discretionary, industrials, financials and communication services leading gains. Energy dropped, tracking a fall in oil prices as producers decided to increase output.
- Apr 01, 2021 08:33 PM IST
Technology stocks were benefiting from another drop in bond yields, which have been the driving force for the market for several weeks.
- Mar 26, 2021 10:23 PM IST
The S&P 500 value index, which includes energy, banks and industrial stocks, has gained more than 9% this year, easily outperforming growth shares, which are down 0.4%.
- Mar 25, 2021 10:44 PM IST
Yields in the Treasury market also continued to ease after the 10-year yield spiked above 1.70% last week, its highest level since before the pandemic started.
- Mar 24, 2021 07:42 PM IST
Industrial companies were also strong early Wednesday, helping to push the benchmark S&P 500 index up 0.5 percent in the first few minutes of trading.
- Mar 23, 2021 07:21 PM IST
The Dow Jones Industrial Average fell 39.7 points, or 0.12 percent, at the open to 32691.5.
- Mar 22, 2021 07:49 PM IST
The Dow Jones Industrial Average fell 26.2 points, or 0.08 percent, at the open to 32601.82.
- Mar 18, 2021 07:21 PM IST
The Dow Jones Industrial Average fell 87.2 points, or 0.26 percent, at the open to 32928.16.
- Mar 17, 2021 10:15 PM IST
While the Fed has reiterated it will remain dovish till the labor market fully recovers, eurodollar futures, which track short-term rate expectations, have priced a 90% chance of a rate hike by December 2022, with three hikes seen in 2023.
- Mar 17, 2021 07:24 PM IST
The Dow Jones Industrial Average fell 0.4 points at the open to 32825.52.
- Mar 16, 2021 07:44 PM IST
The technology and health care sectors are rising faster than the rest of the market, and the Nasdaq Composite is up 0.7% in the first minutes of trading.
- Mar 15, 2021 07:22 PM IST
The Dow Jones Industrial Average rose 20.2 points, or 0.06 percent, at the open to 32798.84.
- Mar 12, 2021 10:56 PM IST
The spike in Treasury yields gave support to the dollar while the sell-off in stocks shone a light on the greenback's safe haven appeal.
- Mar 12, 2021 08:20 PM IST
The Dow Jones Industrial Average fell 23.2 points, or 0.07 percent, at the open to 32462.4.
- Mar 11, 2021 08:29 PM IST
The Dow Jones Industrial Average rose 57.5 points, or 0.18 percent, at the open to 32354.5.
- Mar 11, 2021 06:18 PM IST
MSCI's All Country World Index, which tracks stocks across 49 countries, rose to its highest in just over a week, up 0.7% on the day.
- Mar 10, 2021 09:40 PM IST
Focus is on an auction of US 10-year and 30-year debt later in the day for clues to where yields in the recently volatile market may be headed.
- Mar 10, 2021 08:17 PM IST
The Dow Jones Industrial Average rose 74.2 points, or 0.23 percent, at the open to 31906.96.
- Mar 09, 2021 08:35 PM IST
The Nasdaq Composite rose 313.9 points, or 2.49 percent to 12923.071 at the opening bell.
- Mar 08, 2021 09:38 PM IST
Materials, industrials and utilities rose the most among major S&P sectors. Technology and energy dropped.