Jul 29, 2021 08:09 PM IST
The gains were broad, with about 90% of the stocks in the benchmark S&P 500 rising.
- Jul 28, 2021 08:39 PM IST
Analysts expect the Fed to taper bond purchases that have helped keep interest rates low through the pandemic.
- Jul 27, 2021 09:26 PM IST
Investors shifted money to sectors seen as less risky, including utilities and companies that make household and personal goods.
- Jul 26, 2021 08:19 PM IST
Big technology stocks were the biggest weight on the market as China increases restrictions on internet apps and other companies.
- Jul 22, 2021 07:51 PM IST
Meanwhile, new applications for US unemployment benefit saw a surprise uptick last week, climbing to 419,000, an increase of 51,000 over the previous week.
- Jul 21, 2021 07:29 PM IST
Major indices climbed about 1.5 percent on Tuesday, shrugging off worries about global growth and the Delta variant of the coronavirus that had punished equities on Monday.
- Jul 20, 2021 08:54 PM IST
The spread of the more contagious delta variant of COVID-19 has become a worry spot for investors and policymakers.
- Jul 16, 2021 08:05 PM IST
Americans spent more last month on clothing, electronics and dining out as the economy opened up and there were fewer pandemic-related restrictions.
- Jul 13, 2021 08:13 PM IST
Most stocks within the benchmark S&P 500 were losing ground, but technology companies made solid gains and helped counter the broader drop.
- Jul 07, 2021 07:52 PM IST
Analysts have debated the significance of the decline, seeing the pullback as reflective of ebbing concerns about inflation.
- Jul 01, 2021 07:50 PM IST
The Dow and Nasdaq were also up modestly following an encouraging report on the job market.
- Jun 29, 2021 10:48 PM IST
Fears over the highly infectious Delta variant are denting sentiment in markets already on edge after the Fed appeared to take a hawkish tilt this month.
- Jun 21, 2021 07:26 PM IST
Banks and industrial companies were doing the best, while several big technology companies were falling.
- Jun 18, 2021 08:20 PM IST
The sell-off in the US sharpened after St. Louis Federal Reserve President James Bullard told CNBC that inflation was more intense than expected.
- Jun 17, 2021 08:15 PM IST
Markets moved quickly to price in the risk of earlier action and Fed fund futures shifted to imply a first hike by the end of 2022.
- Jun 14, 2021 07:59 PM IST
Trading has been choppy as investors gauge the economic recovery and rising inflation's impact on its trajectory and the Fed's next move.
- Jun 04, 2021 08:15 PM IST
Worries that a robust economic rebound could lead to a prolonged period of inflation and prompt the Fed to contemplate paring back its crisis level support have weighed on investors' minds recently.
- Jun 03, 2021 08:20 PM IST
The strong data could force the Federal Reserve to pare back its crisis support sooner than expected, despite central bank officials' reassurances to the contrary.
- Jun 01, 2021 08:21 PM IST
Stock markets were unperturbed on Friday by a surge in key inflation readings for April following reassurances from Federal Reserve officials that the ultra-loose monetary policy would remain in place.
- May 28, 2021 07:14 PM IST
The Dow Jones Industrial Average rose 93.9 points, or 0.27 percent, at the open to 34558.5.
- 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 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 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.
- 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 09, 2021 09:22 PM IST
US Treasury yields rose, hitting session highs in the wake of the PPI report, which provided further evidence that the world's largest economy was on a stable road to recovery from the pandemic.