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  • US stocks end up as Fed, CPI loom large next week June 07, 2023 06:11 AM IST

    US stocks end up as Fed, CPI loom large next week

    Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but core prices are likely to have remained elevated, and the Fed is widely expected to hold interest rates.

  • US stocks open mixed as traders digest debt limit deal June 01, 2023 09:03 PM IST

    US stocks open mixed as traders digest debt limit deal

    The Dow Jones Industrial Average slipped 0.5 percent shortly after trading started, to 32,741.25.

  • Global markets shaky ahead of vote on debt in US and slowing factories in China May 31, 2023 07:37 PM IST

    Global markets shaky ahead of vote on debt in US and slowing factories in China

    Futures for the benchmark S and P 500 fell 0.4 per cent and the Dow Jones industrials lost 0.3 per cent ahead of a vote by the full 435-member House on raising the government debt limit. S

  • $9 trillion worth! Apple, Microsoft, 3 other tech companies now make up 25% of S&P 500 May 23, 2023 03:45 PM IST

    $9 trillion worth! Apple, Microsoft, 3 other tech companies now make up 25% of S&P 500

    According to a Bloomberg report, this year’s tech rally has lifted Apple, Microsoft, Alphabet and Amazon at least 30 percent and doubled the value of Nvidia and Meta

  • US stocks move higher, dollar gains as debt limit talks inch forward May 17, 2023 08:33 PM IST

    US stocks move higher, dollar gains as debt limit talks inch forward

    Regional banks provided some lift, with the KBW Regional Banks index up nearly 3.5% amid waning concerns of a liquidity crisis in the sector.

  • Wall Street ends lower, Treasury yields climb as debt ceiling talks in spotlight May 17, 2023 06:09 AM IST

    Wall Street ends lower, Treasury yields climb as debt ceiling talks in spotlight

    While all three major U.S. stock indexes ended down, the tech-heavy Nasdaq's losses were held in check by momentum megacaps including Amazon.com, Alphabet Inc and Microsoft Corp.

  • Wall Street is mixed ahead of updates on US shoppers May 15, 2023 07:53 PM IST

    Wall Street is mixed ahead of updates on US shoppers

    The S&P 500 was virtually unchanged in its first trading after closing out a second straight down week.

  • US stocks edge up as markets weigh debt ceiling risk May 12, 2023 08:17 PM IST

    US stocks edge up as markets weigh debt ceiling risk

    About 20 minutes into trading, the Dow Jones Industrial Average was up 0.1 percent at 33,348.85.

  • US stocks rise as regional banks bounce May 05, 2023 09:18 PM IST

    US stocks rise as regional banks bounce

    Apple shares surged more than four percent.

  • US stocks rise as regional banks bounce May 05, 2023 08:01 PM IST

    US stocks rise as regional banks bounce

    About 20 minutes into trading, the Dow Jones Industrial Average was up 1.4 percent at 33,578.98.

  • Wall Street steady after Fed's quarter-point rate hike May 04, 2023 12:07 AM IST

    Wall Street steady after Fed's quarter-point rate hike

    The S&P 500 was up 0.4% in afternoon trading, a touch higher than it was before the Fed's announcement.

  • US stocks drift, banks steady ahead of Fed rate action May 03, 2023 08:24 PM IST

    US stocks drift, banks steady ahead of Fed rate action

    The S&P 500 was up 0.1% in morning trading after slumping the prior day. The Dow Jones Industrial Average was up 3 points, or less than 0.1%, at 33,687, as of 10:30 a.m. Eastern time

  • Asian stocks on edge as traders wait on central bankers May 02, 2023 08:50 AM IST

    Asian stocks on edge as traders wait on central bankers

    The overnight sale of First Republic Bank's assets to JPMorgan Chase resolved the third U.S. bank failure in two months. Treasury yields rose in response and expectations firmed to near certain for one final U.S. rate hike this week.

  • US stocks mixed as traders digest First Republic takeover May 01, 2023 07:44 PM IST

    US stocks mixed as traders digest First Republic takeover

    Shortly after trading began, the Dow Jones Industrial Average rose 0.2 percent to 34,149.67 while the broad-based S&P 500 was flat at 4,168.59.

  • Wall Street wavers, Treasury yields dip ahead of earnings, data April 24, 2023 08:49 PM IST

    Wall Street wavers, Treasury yields dip ahead of earnings, data

    All three major U.S. stock indexes struggled for direction, with the benchmark S&P 500 and the Dow little unchanged and the tech-laden Nasdaq giving up an early lead to flip into negative territory.

  • Wall Street skids on poor earnings by US corporates, lack of clarity in policy rates April 21, 2023 05:59 AM IST

    Wall Street skids on poor earnings by US corporates, lack of clarity in policy rates

    The S&P 500's rally to start the year is set to be tested by a first-quarter earnings season that investors expect to show tepid results. So far, analysts have largely retained last week's expectations of a near-5 percent year-on-year fall in quarterly profits at S&P 500 companies

  • US stocks fall on lackluster results from Tesla, midsized banks April 20, 2023 07:50 PM IST

    US stocks fall on lackluster results from Tesla, midsized banks

    Tesla slumped around eight percent as it reported a drop in quarterly earnings and hinted that it could face further profit pressures from additional price cuts on its vehicles.

  • Stocks advance, US yields dip as earnings season picks up April 18, 2023 09:02 PM IST

    Stocks advance, US yields dip as earnings season picks up

    On Wall Street, the S&P 500 was roughly unchanged, but the Dow Industrials were weighed down by a 1.95% drop in Goldman Sachs after its quarterly results.

  • US stocks mixed as markets digest bank earnings, retail data April 14, 2023 09:10 PM IST

    US stocks mixed as markets digest bank earnings, retail data

    The Dow Jones Industrial Average picked up 0.1 percent to 34,048.97 and the S&P 500 rose 0.2 percent to 4,152.62 around 10 minutes into trading.

  • Wall St Week Ahead | Investors to watch out for Fed stand following US inflation data April 09, 2023 06:30 AM IST

    Wall St Week Ahead | Investors to watch out for Fed stand following US inflation data

    Following last month’s banking crisis, investors have become more convinced the Federal Reserve will cut rates in the second half to ward off an economic downturn

  • US stocks mixed as data suggests slowing economy April 05, 2023 08:58 PM IST

    US stocks mixed as data suggests slowing economy

    About 15 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent at 33,486.25.

  • US stocks open near-flat, shrugging off Trump drama April 04, 2023 08:57 PM IST

    US stocks open near-flat, shrugging off Trump drama

    About 40 minutes into trading, the Dow Jones Industrial Average was down slightly at 33,594.68.

  • US stocks mostly rise as oil producers surge April 03, 2023 08:27 PM IST

    US stocks mostly rise as oil producers surge

    About 45 minutes into trading, the Dow Jones Industrial Average was up 1.0 percent at 33,616.42.

  • Wall Street Week Ahead Resilient US stocks failing to factor in recession, investors fear April 01, 2023 07:39 AM IST

    Wall Street Week Ahead Resilient US stocks failing to factor in recession, investors fear

    The benchmark S&P 500 posted a 7 percent gain for the first quarter, which ended on Friday, rebounding after a nearly 20 percent drop in 2022.

  • Inflation data spurs rally in Wall Street, sets US yields downhill April 01, 2023 06:42 AM IST

    Inflation data spurs rally in Wall Street, sets US yields downhill

    US consumer spending rose moderately in February, and while inflation cooled, it remained elevated enough to possibly allow the Federal Reserve to raise interest rates one more time this year, though expectations for a 25 basis point rate hike at its May meeting dipped to about 50 percent, with no hike seen to be just as likely