May 05, 2022 10:06 PM ISTThe US central bank on Wednesday raised interest rates by half a percentage point but Fed Chair Jerome Powell explicitly ruled out a hike of 75 basis points in a coming meeting. Traders, however, on Thursday raised their bets on a 75 basis point hike at the Fed's June meeting.
Mar 21, 2022 08:42 PM IST The Dow Jones Industrial Average fell 197.09 points, or 0.57%, to 34,557.84, the S&P 500 lost 17.31 points, or 0.39%, to 4,445.81 and the Nasdaq Composite dropped 160.70 points, or 1.16%, to 13,733.14.
Nov 10, 2021 10:00 PM IST The US consumer price index rose 0.9% in October after gaining 0.4% in September, accelerating 6.2% in the 12 months through October, the largest year-on-year advance since November 1990.
Nov 04, 2021 08:44 PM IST Technology stocks led the gains as investors continued their focus on the latest round of corporate earnings.
Nov 03, 2021 08:02 PM IST Major indices have closed at records the last three sessions, but were under pressure ahead of an expected Fed announcement later Wednesday to trim back stimulus bond purchases.
Nov 02, 2021 07:31 PM IST The yield on the 10-year Treasury note fell to 1.55%. Pfizer was up 1.3% after delivering a strong profit report.
Nov 01, 2021 09:10 PM IST The yen neared a four-year low against the dollar with Japan seemingly not on course to tighten monetary policy in the short term, in contrast to the Federal Reserve which this week could announce plans to begin tapering its pandemic-fuelled stimulus support.
Oct 29, 2021 08:22 PM IST The benchmark S&P 500 had more gainers than losers, but big technology stocks were falling and weighing down the broader market. A mix of companies that rely on direct consumer spending also fell and offset gains elsewhere.
Oct 27, 2021 07:47 PM IST A strong corporate earnings season has provided some much-needed support to investors in recent weeks as companies showed resilience in the face of supply snarls, surging commodity and wage costs, as well as spiking Covid-19 cases.
Oct 26, 2021 07:50 PM IST The S&P 500 and Dow both powered to new intra-day highs as the opening bell rang after closing at record levels on Monday.
Oct 25, 2021 07:44 PM IST Investors have been pleased with most of the reports so far, which have confirmed worries about higher costs, but also offered encouraging commentary about strong consumer demand that is enabling many companies to pass on price increases.
Oct 20, 2021 07:25 PM IST Abbott Laboratories, Biogen and Anthem rose after reporting quarterly results that beat analysts’ expectations.
Oct 19, 2021 07:27 PM IST Health care companies were making some of the biggest gains in the early going.
Oct 18, 2021 07:33 PM IST Technology and health care companies were leading the way lower, while energy companies bucked the downward trend and moved higher.
Oct 14, 2021 07:26 PM IST The S&P 500 added 0.9% early Thursday, putting the benchmark index into the green for the week.
Oct 13, 2021 07:36 PM IST Delta Air Lines fell 3.4% despite reporting higher earnings as the airline warned that higher fuel and labor costs could affect its profitability going forward.
Oct 12, 2021 07:21 PM IST Technology stocks were doing better than the rest of the market, and that helped send the Nasdaq up 0.3%.
Oct 11, 2021 07:22 PM IST This week's calendar includes an update on US consumer prices, as well as earnings reports from JPMorgan Chase and other leading banks.
Oct 07, 2021 08:45 PM IST The market snapped out of a days-long bout of volatility late Wednesday after Senate GOP leader Mitch McConnell made an offer that would allow an emergency extension of the debt ceiling into December.
Oct 07, 2021 07:46 PM IST The dollar was mixed against its main rivals ahead of key US jobs data due Friday.
Oct 06, 2021 07:29 PM IST International markets also sold off, with exchanges in Japan, South Korea, Germany and France all dropping more than 1%.
Oct 05, 2021 07:42 PM IST Among individual companies, PepsiCo climbed 0.6 percent as it lifted its full-year forecast following better-than-expected profits.
Oct 04, 2021 09:54 PM IST Investors are preparing for the latest round of corporate earnings, which will ramp up in the next several weeks.
Oct 01, 2021 07:43 PM IST The Commerce Department's personal consumption expenditures price index was up 4.3 percent from August 2020 as the world's largest economy struggles with supply chain delays and shortages amid its bounceback from the pandemic's business closures.
Sep 30, 2021 07:54 PM IST The Senate was expected to approve later Thursday a stopgap measure to fund the government and avert a shutdown. However Washington remains mired in partisan conflict over President Joe Biden's wider legislative agenda.
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