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  • Inflation woes push US stocks to 1-month low, USD struggle May 12, 2021 07:30 AM IST

    Inflation woes push US stocks to 1-month low, USD struggle

    Technology stocks were among the biggest losers, mirroring a sell-off in China, where talk of tighter regulation sent technology shares skidding.

  • S&P 500, Dow end at record highs as weak jobs data eases rate worries May 08, 2021 08:06 AM IST

    S&P 500, Dow end at record highs as weak jobs data eases rate worries

    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.

  • S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries May 07, 2021 08:10 PM IST

    S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries

    The jobs report alleviated concerns about rising inflation and potentially higher U.S. interest rates which would weigh on the valuations of growth companies.

  • Dow ends at record high after upbeat jobless claims report May 07, 2021 07:40 AM IST

    Dow ends at record high after upbeat jobless claims report

    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.

  • Dow Jones hits fresh record high as cyclicals rise on jobless claims data May 06, 2021 10:37 PM IST

    Dow Jones hits fresh record high as cyclicals rise on jobless claims data

    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.

  • Wall Street rises as megacap stocks bounce; Dow hits record high May 06, 2021 08:00 AM IST

    Wall Street rises as megacap stocks bounce; Dow hits record high

    Technology-related companies including Apple Inc, Microsoft Corp, Amazon.com Inc, Facebook Inc and Alphabet Inc rose between 0.1% and 1.7%.

  • Nasdaq ends sharply lower in tech sell-off May 05, 2021 07:58 AM IST

    Nasdaq ends sharply lower in tech sell-off

    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%.

  • S&P Dow Jones brings bitcoin, ethereum to Wall St with cryptocurrency indexes May 04, 2021 07:25 PM IST

    S&P Dow Jones brings bitcoin, ethereum to Wall St with cryptocurrency indexes

    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.

  • US stocks open higher as earnings deluge continues May 03, 2021 07:49 PM IST

    US stocks open higher as earnings deluge continues

    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.

  • Wall Street ends lower, weighed down by Apple May 01, 2021 08:31 AM IST

    Wall Street ends lower, weighed down by Apple

    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.

  • S&P 500 falls, still on track for third straight month of gains Apr 30, 2021 09:59 PM IST

    S&P 500 falls, still on track for third straight month of gains

    Nine of the 11 major S&P 500 sectors were trading lower, with technology, materials and energy falling more than 1% each.

  • Wall Street: S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data Apr 30, 2021 07:30 AM IST

    Wall Street: S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

    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.

  • S&P 500, Nasdaq hit record highs at open on earnings boost Apr 29, 2021 07:45 PM IST

    S&P 500, Nasdaq hit record highs at open on earnings boost

    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.

  • Wall Street ends lower after Fed holds steady on rates Apr 29, 2021 06:50 AM IST

    Wall Street ends lower after Fed holds steady on rates

    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.

  • Wall Street ends mostly flat ahead of earnings wave Apr 28, 2021 07:57 AM IST

    Wall Street ends mostly flat ahead of earnings wave

    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.

  • Oil rebounds, but gains limited amid demand concerns as India reels from COVID-19 Apr 27, 2021 11:31 AM IST

    Oil rebounds, but gains limited amid demand concerns as India reels from COVID-19

    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.

  • S&P 500, Nasdaq close at record highs ahead of tech earnings wave Apr 27, 2021 08:39 AM IST

    S&P 500, Nasdaq close at record highs ahead of tech earnings wave

    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.

  • Wall Street rallies on strong economic data; tech in focus Apr 24, 2021 07:58 AM IST

    Wall Street rallies on strong economic data; tech in focus

    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.

  • S&P 500, Nasdaq open higher; Amex, Honeywell weigh on Dow Apr 23, 2021 07:50 PM IST

    S&P 500, Nasdaq open higher; Amex, Honeywell weigh on Dow

    The Dow Jones Industrial Average fell 11.4 points, or 0.03 percent, at the open to 33804.52.

  • Wall Street Weekahead: After blazing US stock rally, some warn of tougher market ahead Apr 23, 2021 05:20 PM IST

    Wall Street Weekahead: After blazing US stock rally, some warn of tougher market ahead

    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.

  • Wall Street rebounds after two-day decline; Netflix slides Apr 22, 2021 07:56 AM IST

    Wall Street rebounds after two-day decline; Netflix slides

    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.

  • Wall Street closes lower as virus spike hits travel stocks Apr 21, 2021 08:37 AM IST

    Wall Street closes lower as virus spike hits travel stocks

    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.

  • Wall Street slips from record levels; Tesla drops after fatal car crash Apr 20, 2021 08:29 AM IST

    Wall Street slips from record levels; Tesla drops after fatal car crash

    The S&P 500 has risen for the past four weeks, its longest winning streak since August 2020.

  • Wall Street ends week positively; S&P 500, Dow hit record highs Apr 17, 2021 07:52 AM IST

    Wall Street ends week positively; S&P 500, Dow hit record highs

    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.

  • Dow hits milestone, S&P breaks record high on tech rally Apr 16, 2021 07:27 AM IST

    Dow hits milestone, S&P breaks record high on tech rally

    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.

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