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  • Nasdaq slumps 5% as bets of big rate hikes grow despite Fed view May 05, 2022 10:06 PM IST

    Nasdaq slumps 5% as bets of big rate hikes grow despite Fed view

    The 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.

  • Wall Street refocuses on risk as stocks dip, oil climbs Mar 21, 2022 08:42 PM IST

    Wall Street refocuses on risk as stocks dip, oil climbs

    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.

  • Stocks slide, dollar gains as US CPI sparks tightening fears Nov 10, 2021 10:00 PM IST

    Stocks slide, dollar gains as US CPI sparks tightening fears

    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.

  • Stocks rise on Wall Street, continuing gains for US indexes Nov 04, 2021 08:44 PM IST

    Stocks rise on Wall Street, continuing gains for US indexes

    Technology stocks led the gains as investors continued their focus on the latest round of corporate earnings.

  • Wall Street mixed ahead of Fed announcement Nov 03, 2021 08:02 PM IST

    Wall Street mixed ahead of Fed announcement

    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.

  • Stocks open mixed on Wall Street ahead of Fed, jobs news Nov 02, 2021 07:31 PM IST

    Stocks open mixed on Wall Street ahead of Fed, jobs news

    The yield on the 10-year Treasury note fell to 1.55%. Pfizer was up 1.3% after delivering a strong profit report.

  • Stocks rise as Wall Street starts week on steady footing Nov 01, 2021 09:10 PM IST

    Stocks rise as Wall Street starts week on steady footing

    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.

  • Stocks edge lower on Wall Street, pulled down by Big Tech Oct 29, 2021 08:22 PM IST

    Stocks edge lower on Wall Street, pulled down by Big Tech

    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.

  • Wall Street steady but stocks fall elsewhere Oct 27, 2021 07:47 PM IST

    Wall Street steady but stocks fall elsewhere

    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.

  • Wall Street strikes fresh records Oct 26, 2021 07:50 PM IST

    Wall Street strikes fresh records

    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.

  • Wall Street pause ahead of earnings from tech giants Oct 25, 2021 07:44 PM IST

    Wall Street pause ahead of earnings from tech giants

    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.

  • Stocks open slightly higher on Wall Street, led by health Oct 20, 2021 07:25 PM IST

    Stocks open slightly higher on Wall Street, led by health

    Abbott Laboratories, Biogen and Anthem rose after reporting quarterly results that beat analysts’ expectations.

  • Wall Street start higher; J&J leads gains for health care sector Oct 19, 2021 07:27 PM IST

    Wall Street start higher; J&J leads gains for health care sector

    Health care companies were making some of the biggest gains in the early going.

  • Stocks open broadly lower as Wall Street's momentum slows Oct 18, 2021 07:33 PM IST

    Stocks open broadly lower as Wall Street's momentum slows

    Technology and health care companies were leading the way lower, while energy companies bucked the downward trend and moved higher.

  • Stocks open broadly higher on Wall Street, adding to gains Oct 14, 2021 07:26 PM IST

    Stocks open broadly higher on Wall Street, adding to gains

    The S&P 500 added 0.9% early Thursday, putting the benchmark index into the green for the week.

  • Stocks inch mostly higher on Wall Street in early trading Oct 13, 2021 07:36 PM IST

    Stocks inch mostly higher on Wall Street in early trading

    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.

  • Wall Street open a bit higher ahead of earnings, inflation data Oct 12, 2021 07:21 PM IST

    Wall Street open a bit higher ahead of earnings, inflation data

    Technology stocks were doing better than the rest of the market, and that helped send the Nasdaq up 0.3%.

  • Wall Street open week on mixed note on soaring energy costs, key earnings Oct 11, 2021 07:22 PM IST

    Wall Street open week on mixed note on soaring energy costs, key earnings

    This week's calendar includes an update on US consumer prices, as well as earnings reports from JPMorgan Chase and other leading banks.

  • Dow Jones jump over 500 points as receding debt fears spur rally Oct 07, 2021 08:45 PM IST

    Dow Jones jump over 500 points as receding debt fears spur rally

    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.

  • Wall Street rally as US set to avoid debt default Oct 07, 2021 07:46 PM IST

    Wall Street rally as US set to avoid debt default

    The dollar was mixed against its main rivals ahead of key US jobs data due Friday.

  • Stocks open lower as volatility hits Wall Street; oil drops Oct 06, 2021 07:29 PM IST

    Stocks open lower as volatility hits Wall Street; oil drops

    International markets also sold off, with exchanges in Japan, South Korea, Germany and France all dropping more than 1%.

  • Wall Street open higher, rebounding somewhat Oct 05, 2021 07:42 PM IST

    Wall Street open higher, rebounding somewhat

    Among individual companies, PepsiCo climbed 0.6 percent as it lifted its full-year forecast following better-than-expected profits.

  • Dow Jones down over 380 points as tech slide, oil hits highest level since 2014 Oct 04, 2021 09:54 PM IST

    Dow Jones down over 380 points as tech slide, oil hits highest level since 2014

    Investors are preparing for the latest round of corporate earnings, which will ramp up in the next several weeks.

  • Wall Street mixed after inflation data, Merck announcement Oct 01, 2021 07:43 PM IST

    Wall Street mixed after inflation data, Merck announcement

    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.

  • Wall Street open higher in final session of third quarter Sep 30, 2021 07:54 PM IST

    Wall Street open higher in final session of third quarter

    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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