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Oct 20, 2020 03:30 PM IST Analysts are predicting that the companies in the S&P 500 will report a decline in profits of about 20 percent for the three months through September
Oct 19, 2020 07:51 PM IST Last week the White House proposed a $1.8 trillion stimulus package, but House Speaker Nancy Pelosi had stuck to her demand for $2.2 trillion in aid.
Oct 09, 2020 07:30 PM IST The Dow Jones Industrial Average rose 108.10 points, or 0.38 percent, at the open to 28,533.61.
Oct 08, 2020 07:45 PM IST The Dow Jones Industrial Average rose 45.40 points, or 0.16 percent, at the open to 28,348.86.
Oct 05, 2020 07:21 PM IST The Dow Jones Industrial Average rose 142.61 points, or 0.52 percent, at the open to 27,825.42.
Oct 01, 2020 08:36 AM IST All three major indexes moved sharply higher after U.S. House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both expressed hope for a breakthrough in partisan stimulus negotiations
Sep 27, 2020 07:45 PM IST A strong performance in Tuesday's debate by Biden, who currently has a modest lead in betting odds and polls, might boost stocks related to global trade and renewable energy, while a perceived debate victory by Trump could benefit fossil fuel and defense companies.
Sep 18, 2020 07:14 AM IST Amazon.com Inc dropped 2.3% and Apple Inc fell 1.6%, making them the biggest drags on the S&P 500 and Nasdaq. Last week, the Nasdaq's losses put the index down 10% from its closing record, confirming a correction began on Sept. 2.
Sep 17, 2020 07:50 AM IST The S&P 500 and Nasdaq ended a choppy session lower as losses in heavyweight technology names such as Amazon.com and Apple weighed on the market and drove down MSCI's U.S.-centric benchmark index for stock performance around the world.
Sep 16, 2020 07:48 AM IST The market's rise was limited as Apple Inc's shares lost early gains following its rollout of a new virtual fitness service and a bundle of all its subscriptions, Apple One.
Sep 14, 2020 07:21 PM IST The Dow Jones Industrial Average rose 53.10 points, or 0.19 percent, at the open to 27,718.74.
Sep 10, 2020 07:11 AM IST Tesla Inc shares rebounded 10.92% after suffering their biggest one-day percentage drop in the prior session, while Apple Inc , Microsoft Corp and Amazon.com Inc - the top three U.S. public companies by market capitalization - each rose by at least 3%.
Sep 10, 2020 07:11 AM IST The U-turn in U.S. stocks, however, was already reflected in some markets, so the impact in Asia may be muted, said Rodrigo Catril, a senior FX strategist at National Australia Bank.
Sep 09, 2020 07:19 AM IST All eleven major S&P sectors fell in early trading, with energy and information technology stocks leading declines.
Sep 09, 2020 07:14 AM IST “The performance of Wall Street is going to leave a heavy residue, and most noteworthy is how the tech names dropped down quite aggressively. Investors will take a close note of that,” said Tom Piotrowski, a markets analyst at Australian broker CommSec.
Sep 05, 2020 09:21 AM IST Investors are also sceptical of putting in more money amid growing border tensions with China, says Paras Bothra of Ashika Stock Broking.
Sep 04, 2020 07:36 AM IST The Cboe Volatility Index, which for weeks had been easing toward its longer-term average price of 19.4, on Thursday jumped 7.03 points, its largest one-day rise since June 11, and ended the session at a nearly 10-week closing high of 33.60.
Sep 04, 2020 07:06 AM IST The moves are more muted than the 5% plunge on the tech-heavy Nasdaq overnight, or the S&P 500's 3.5% drop, which traders said was overdue given recent frothy gains.
Sep 03, 2020 07:04 AM IST On Wall Street, each of the three major equity indexes moved higher, but gains were led by defensive sectors such as utilities as the high-flying tech sector paused.
Aug 29, 2020 11:25 AM IST Value stocks - shares of economically sensitive companies trading at multiples that are usually below those found on growth names - have been among the laggards in the market’s blistering rally from its March lows.
Aug 29, 2020 09:56 AM IST All three major US stock indexes ended the week higher than last Friday's close, marking the fifth consecutive weekly gains for the S&P and the Nasdaq.
Aug 27, 2020 01:36 AM IST The Nasdaq also set an all-time closing high, its 39th year-to-date, compared with a total of 31 reached in all of 2019.
Aug 22, 2020 11:06 AM IST The US Fed is trying to spur inflation over the next several years in order to prevent a deflationary spiral as the global economy struggles to right itself from the COVID-19 shock.
Aug 21, 2020 08:00 AM IST Nasdaq clocked its 19th record closing high since early June when it confirmed its recovery from the coronavirus sell-off.
Aug 20, 2020 02:32 AM IST The Fed also ruled out for now more dovish monetary policy measures such as yield-curve control.
