May 12, 2021 07:30 AM IST
Technology stocks were among the biggest losers, mirroring a sell-off in China, where talk of tighter regulation sent technology shares skidding.
- May 08, 2021 08:06 AM IST
The Dow rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite added 119.40 points, or 0.88%, to 13,752.24.
- 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 07, 2021 07:40 AM IST
Lifted by Apple Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.
- 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 06, 2021 08:00 AM IST
Technology-related companies including Apple Inc, Microsoft Corp, Amazon.com Inc, Facebook Inc and Alphabet Inc rose between 0.1% and 1.7%.
- May 05, 2021 07:58 AM IST
Highly valued technology-related companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc sold off across the board, with Apple falling the most by 3.54%. The Philadelphia Semiconductor Index also dropped by 1.6%.
- May 04, 2021 07:25 PM IST
The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them.
- 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.
- May 01, 2021 08:31 AM IST
A day after the S&P 500 closed at a record high, Apple , Google-parent Alphabet and Facebook each gave back gains following upbeat quarterly reports this week.
- 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 30, 2021 07:30 AM IST
Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.
- Apr 29, 2021 07:45 PM IST
Apple Inc gained 1.0 percent after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.
- Apr 29, 2021 06:50 AM IST
Despite the improving economy, the Fed repeated the guidance it has used since December, saying it must see “substantial further progress” towards its inflation and employment goals before stepping back from its monthly bond purchases.
- Apr 28, 2021 07:57 AM IST
The Dow Jones Industrial Average rose 0.01% to end at 33,984.93 points, while the S&P 500 lost 0.02% to 4,186.72. The Nasdaq Composite dropped 0.34%, to 14,090.22.
- Apr 27, 2021 11:31 AM IST
Brent crude was up 36 cents, or 0.6 percent, at $66.01 a barrel by 0334 GMT, after dropping 0.7 percent on Monday. US oil gained 36 cents, or 0.6 percent, to $62.27, having declined by 0.4 percent the previous session.
- Apr 27, 2021 08:39 AM IST
The Nasdaq's record high close confirmed the end of an 11% correction in the index that began after its previous record high close on Feb. 12, with the index closing at a low on March 8.
- Apr 24, 2021 07:58 AM IST
The Dow Jones Industrial Average rose 0.67% to 34,043.49 and the S&P 500 gained 1.09% at 4,180.17, just below its previous closing high of 4,185.47 on April 16. The Nasdaq Composite added 1.44% at 14,016.81.
- Apr 23, 2021 07:50 PM IST
The Dow Jones Industrial Average fell 11.4 points, or 0.03 percent, at the open to 33804.52.
- Apr 23, 2021 05:20 PM IST
Among the most recent has been Goldman Sachs, whose analysts on Wednesday said an expected second-quarter peak in US growth could be tied to weaker stock returns.
- Apr 22, 2021 07:56 AM IST
Shares of Netflix slumped 7.4% after the world’s largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.
- Apr 21, 2021 08:37 AM IST
Kansas City Southern surged 15.2% on the prospect of a bidding war after Canadian National offered about $30 billion for the U.S. railroad, some $5 billion more than an earlier offer from Canadian Pacific.
- Apr 20, 2021 08:29 AM IST
The S&P 500 has risen for the past four weeks, its longest winning streak since August 2020.
- Apr 17, 2021 07:52 AM IST
The Dow Jones Industrial Average rose 164.68 points, or 0.48%, to 34,200.67; the S&P 500 gained 15.05 points, or 0.36%, at 4,185.47; and the Nasdaq Composite added 13.58 points, or 0.1%, at 14,052.34.
- Apr 16, 2021 07:27 AM IST
The Dow Jones Industrial Average rose 305.1 points, or 0.9%, to 34,035.99; the S&P 500 gained 45.76 points, or 1.11%, at 4,170.42; and the Nasdaq Composite added 180.92 points, or 1.31%, at 14,038.76.