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  • S&P 500 rises 2% in May, Nasdaq up nearly 4% Jun 03, 2013 09:02 AM IST

    S&P 500 rises 2% in May, Nasdaq up nearly 4%

    The Dow rallied 1.86 percent, the S&P 500 jumped 2.08 percent, and the Nasdaq soared 3.82 percent for the month of May. The CBOE volatility index soared above 16.

  • Dow 28,000 possible in 6 years: BlackRock's Fink May 30, 2013 04:42 PM IST

    Dow 28,000 possible in 6 years: BlackRock's Fink

    Doing the math at the high end of Fink's projections, the Dow Jones industrial average would be at more than 28,000 in 2019.

  • Dow loses 107 pts; consumer staples, utilities drag May 30, 2013 09:05 AM IST

    Dow loses 107 pts; consumer staples, utilities drag

    The Dow Jones industrial average closed at 15,302.8. The Standard & Poor's 500 Index fell 11.7 points to 1,648.36. The Nasdaq Composite Index declined 21.37 points at 3,467.52.

  • Oil falls below $95, parts ways with stocks May 29, 2013 01:35 PM IST

    Oil falls below $95, parts ways with stocks

    Benchmark oil for July delivery was down 16 cents to USD 94.85 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.

  • Dow closes 106 pts up, European mkts at multi-year highs May 29, 2013 08:54 AM IST

    Dow closes 106 pts up, European mkts at multi-year highs

    The Dow Jones industrial average gained 106.29 points, or 0.69 percent, to close at a record high of 15,409.39. Meanwhile, European markets closed near multi-year highs.

  • News Corp to take charge of up to $1.4bn this quarter May 27, 2013 01:39 PM IST

    News Corp to take charge of up to $1.4bn this quarter

    The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows in the future.

  • Japan's Nikkei dives as yen gains strength May 27, 2013 09:05 AM IST

    Japan's Nikkei dives as yen gains strength

    In currencies, the euro fell to USD 1.2924 from USD 1.2934 late Friday in New York. The dollar was at 100.99 yen down from last week's high of more than 103 yen per dollar.

  • Wall St posts 1st weekly loss since mid-April on Fed angst May 25, 2013 10:19 AM IST

    Wall St posts 1st weekly loss since mid-April on Fed angst

    The Dow ended slightly higher, outperforming the broader market, buoyed by a 4 percent gain in Procter & Gamble. A jump in April orders for long-lasting manufactured goods, such as refrigerators and toasters, showed that the US economy may be stronger than some had thought.

  • Bernanke signals Fed to maintain stimulus efforts May 22, 2013 08:20 PM IST

    Bernanke signals Fed to maintain stimulus efforts

    The Fed has said it plans to continue its USD 85 billion-a-month in Treasury and mortgage bond purchases until the job market improves substantially.

  • Fed officials dampen talk of imminent bond buying cutback May 22, 2013 01:01 PM IST

    Fed officials dampen talk of imminent bond buying cutback

    Since cutting policy interest rates to almost zero in late 2008, the Fed has more than tripled the size of its balance sheet via a campaign of massive bond purchases to hold down long-term borrowing costs and spur corporate hiring.

  • Average credit card debt, late payments fall in Q1 May 21, 2013 10:22 AM IST

    Average credit card debt, late payments fall in Q1

    Nearly four years after the recession, the US economy and job market are far from fully recovered, but they have made steady progress.

  • Wall Street ends lower after Fed official's comments May 17, 2013 10:05 AM IST

    Wall Street ends lower after Fed official's comments

    Based on the latest available data, the Dow Jones industrial average fell 42.47 points, or 0.28 percent, to end unofficially at 15,233.22.

  • Dow, S&P 500 set records again;investors confident in rally May 16, 2013 08:50 AM IST

    Dow, S&P 500 set records again;investors confident in rally

    US stocks rose on Wednesday, with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted.

  • Wall Street ends up, posts third week of gains May 11, 2013 11:34 AM IST

    Wall Street ends up, posts third week of gains

    The Dow and S&P 500 ended at record highs on Friday, and stocks posted a third consecutive week of gains as a rise in Google and other technology shares offset a slide in energy stocks.

  • Wall St Week Ahead: Sell in May and Go Away? May 11, 2013 10:05 AM IST

    Wall St Week Ahead: Sell in May and Go Away?

    Wall St Week Ahead: 'Sell in May and Go Away?' Not This Year. Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent for the month. Technical analysts say the next level to watch would be 1,660 on the S&P 500.

  • Emkay Global sees Nifty in 5900-6100; picks 7 midcap bets May 10, 2013 01:57 PM IST

    Emkay Global sees Nifty in 5900-6100; picks 7 midcap bets

    After Indian market rallying high in the past couple of trading sessions, Sandeep Singal of Emkay Global feels the midcaps will keep the Nifty in the range of 5900-6100. He feels there are no real triggers that can break the 6100 range of the market.

  • Nifty can touch 6350; gold may fall to $1400/oz: Barclays May 10, 2013 01:27 PM IST

    Nifty can touch 6350; gold may fall to $1400/oz: Barclays

    Dhiren Sarin, Technical Analyst, Barclays says that global market rally may push Nifty to 6350, but gold may not be able to sustain the bounce back from last month's crash.

  • See US mkt rally continuing; volatility in gold: ETX Cap May 09, 2013 08:29 PM IST

    See US mkt rally continuing; volatility in gold: ETX Cap

    Mark Priest of ETX Capital believes the S&P and Dow Jones will see more rallies in the days to come.

  • Financials, materials push Dow, S&P 500 to new closing high May 09, 2013 08:54 AM IST

    Financials, materials push Dow, S&P 500 to new closing high

    The US markets finished near session highs across the board, boosted by financials and materials, with the Dow and S&P 500 logged fresh closing highs. The cboe volatility index closed below 13.

  • Dow Jones, S&P 500 surge over 14% in 2013 May 08, 2013 08:32 AM IST

    Dow Jones, S&P 500 surge over 14% in 2013

    In the US, markets finished near their best levels, with the S&P 500 extending its recent rally to a fresh high and the Dow closing above the 15,000 milestone for the first time.

  • Dow ends above 15,000 for 1st time, S&P at all time high May 08, 2013 08:07 AM IST

    Dow ends above 15,000 for 1st time, S&P at all time high

    The Dow closed above 15,000 for the first time on Tuesday and the S&P 500 ended at another record high, extending the market's rally as more investors rushed to join the party and German industrial data beat expectations.

  • Dow Jones closes flat; CBOE VIX slips below 13 May 07, 2013 09:04 AM IST

    Dow Jones closes flat; CBOE VIX slips below 13

    The US equity markets finished narrowly mixed as investors hesitated to jump in after the recent rally, but the S&P 500 rose to touch a fresh all-time high. The CBOE volatility index ended below 13.

  • Jobs data lifts US markets, S&P closes above 1600 May 06, 2013 09:06 AM IST

    Jobs data lifts US markets, S&P closes above 1600

    US stocks closed out the week with a bang, with the S&P 500 finishing above 1,600 and the Dow briefly topping 15,000 for the first time, as Wall Street cheered a better-than-expected April non-farm payrolls report.

  • US dollar, stocks rally on strong US jobs data May 03, 2013 09:37 PM IST

    US dollar, stocks rally on strong US jobs data

    The U.S. dollar climbed more than 1.0 percent against the yen and global equity markets surged on Friday, boosted by a U.S. labor report showing stronger-than-expected jobs growth in April.

  • S&P 500 tops 1,600 as payrolls boost Wall Street May 03, 2013 08:10 PM IST

    S&P 500 tops 1,600 as payrolls boost Wall Street

    The S&P 500 and Dow industrials hit intraday record highs on Friday and the benchmark S&P traded above 1,600 after U.S. employment rose more than expected in April.

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