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  • Wall Street rallies as Fed's Jerome Powell nods to easing inflation after rate hike Feb 02, 2023 06:04 AM IST

    Wall Street rallies as Fed's Jerome Powell nods to easing inflation after rate hike

    Wall Street's major indexes had lost ground immediately after the Fed announced its rate hike decision. Its statement also said "ongoing increases" to rates would be appropriate.

  • Wall Street gains over 1% after encouraging inflation data with Fed next Feb 01, 2023 05:55 AM IST

    Wall Street gains over 1% after encouraging inflation data with Fed next

    Investors also digested a full plate of earnings reports. Shares of Exxon Mobil Corp (XOM.N) and United Parcel Service Inc (UPS.N) rose following their respective results, while Caterpillar Inc (CAT.N) and McDonald's Corp (MCD.N) ended weaker after their results.

  • Tech, megacaps drag Wall Street to lower close as big market week kicks off Jan 31, 2023 06:38 AM IST

    Tech, megacaps drag Wall Street to lower close as big market week kicks off

    The heavyweight tech sector (.SPLRCT) dropped 1.9% while energy (.SPNY) shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google parent Alphabet Inc (GOOGL.O), which are due to post results later this week, all slumped.

  • US stocks lower ahead of Fed, earnings deluge Jan 30, 2023 08:57 PM IST

    US stocks lower ahead of Fed, earnings deluge

    About 15 minutes into trading, the Dow Jones Industrial Average was down 0.1 percent at 33,944.19.

  • Adani risk casts doubt on Wall Street’s star emerging-market bet Jan 29, 2023 07:22 PM IST

    Adani risk casts doubt on Wall Street’s star emerging-market bet

    It’s a shock that forces Wall Street to reexamine its confidence in India’s expansion and its pro-business government, which helped the benchmark Sensex index trade last quarter at the highest in a decade versus the S&P 500.

  • US stocks edge higher amid signs of ebbing inflation Jan 27, 2023 08:38 PM IST

    US stocks edge higher amid signs of ebbing inflation

    About 25 minutes into trading, the Dow Jones Industrial Average was up 0.2 percent at 34,019.22.

  • Intel says it will take back share from AMD, but some are skeptical Jan 27, 2023 08:38 PM IST

    Intel says it will take back share from AMD, but some are skeptical

    The company shocked the market on Thursday with a revenue outlook that was short of Wall Street estimates by about $3 billion.

  • Global markets extend rally on hopes US will avoid recession Jan 27, 2023 08:06 PM IST

    Global markets extend rally on hopes US will avoid recession

    Investors in Asia and Europe tracked a rally on Wall Street fuelled by the figures, while they are now awaiting the release of key inflation data later Friday and then the Federal Reserve's latest policy decision next week.

  • Wall Street closes green as GDP data eases recession worries Jan 27, 2023 06:05 AM IST

    Wall Street closes green as GDP data eases recession worries

    While all three major U.S. stock indexes advanced, megacap momentum stocks, buoyed by Tesla Inc's (TSLA.O) earnings beat and upbeat sales forecast, helped put the Nasdaq in the lead.

  • Firmer stocks await U.S. GDP data before Wall St opening bell Jan 26, 2023 06:39 PM IST

    Firmer stocks await U.S. GDP data before Wall St opening bell

    Oil prices gained about 1% on expectations that demand will strengthen as top oil importer China reopens its economy, while gold eased after hitting a 9-month peak.

  • Jeremy Grantham warns of a 17% plunge in the S&P 500 this year Jan 25, 2023 08:14 AM IST

    Jeremy Grantham warns of a 17% plunge in the S&P 500 this year

    In fact, the 84-year-old money manager calculated that the value of the S&P 500 at the end of the year should be about 3,200, he says in a paper out Tuesday.

  • S&P 500 ends slightly down after mixed earnings, opening glitch Jan 25, 2023 06:03 AM IST

    S&P 500 ends slightly down after mixed earnings, opening glitch

    A spate of NYSE-listed stocks were halted at the top of the session due to an apparent technical malfunction, which caused initial price confusion and prompted an investigation by the U.S. Securities and Exchange Commission (SEC).

  • Wall Street extends rally, powered by tech bounce Jan 24, 2023 05:59 AM IST

    Wall Street extends rally, powered by tech bounce

    All three major stock indexes extended Friday's gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares (.SOX).

  • European stocks edge higher, Wall Street futures flat Jan 23, 2023 06:58 PM IST

    European stocks edge higher, Wall Street futures flat

    Liquidity was thin during Asian trading hours as markets in China, Hong Kong, Singapore, Malaysia, South Korea and Taiwan were closed for the Lunar New Year holiday.

  • Wall Street rallies to end higher on Alphabet, Netflix lift Jan 21, 2023 06:31 AM IST

    Wall Street rallies to end higher on Alphabet, Netflix lift

    The Dow Jones Industrial Average rose 330.93 points, or 1 percent, to 33,375.49, the S&P 500 gained 73.76 points, or 1.89 percent, to 3,972.61 and the Nasdaq Composite added 288.17 points, or 2.66 percent, to 11,140.43

  • Nasdaq lifted by Netflix subscription gains Jan 20, 2023 08:24 PM IST

    Nasdaq lifted by Netflix subscription gains

    About 15 minutes into trading, the Dow Jones Industrial Average was down less than 0.1 percent at 33,030.31.

  • Wall Street slips as labor market data fuels Fed worry Jan 20, 2023 06:03 AM IST

    Wall Street slips as labor market data fuels Fed worry

    A report from the Labor Department showed weekly jobless claims were lower than expected, indicating the labor market remains solid despite the Fed's efforts to stifle demand for workers.

  • Stock Market Today: Top 10 things to know before the market opens Jan 19, 2023 07:22 AM IST

    Stock Market Today: Top 10 things to know before the market opens

    Stock Market News: Investors will be watching out for December quarter results including IndusInd Bank, Hindustan Unilever and Asian Paints.

  • Wall Street sinks after weak data, hawkish Fed comments Jan 19, 2023 06:02 AM IST

    Wall Street sinks after weak data, hawkish Fed comments

    Before the market opened, U.S. economic data showed retail sales and producer prices declined more than expected in December, while production at U.S. factories fell more than expected and November output was weaker than thought.

  • Treasury yields, dollar fall after U.S. data; yen flat in wake of BOJ Jan 18, 2023 09:54 PM IST

    Treasury yields, dollar fall after U.S. data; yen flat in wake of BOJ

    A global stock index was up, but Wall Street stocks were little changed after opening higher.

  • Wall Street investment banking slammed, as execs hope for more confidence ahead Jan 18, 2023 06:25 AM IST

    Wall Street investment banking slammed, as execs hope for more confidence ahead

    Morgan Stanley and Goldman Sachs reported a plunge in fourth quarter profits, as Wall Street dealmakers handling mergers, acquisitions and initial public offerings faced a sharp drop in their businesses in 2022

  • Wall Street wobbles following run-up into inflation report Jan 12, 2023 09:54 PM IST

    Wall Street wobbles following run-up into inflation report

    The Dow Jones Industrial Average was up 66 points, or 0.2%, at 34,039, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.4% lower. They also were drifting between gains and losses.

  • Wall Street’s top cop trains his sights on crypto Jan 12, 2023 12:54 PM IST

    Wall Street’s top cop trains his sights on crypto

    Damian Williams faces big test in prosecuting high-profile case against FTX’s Sam Bankman-Fried

  • Wall Street ends sharply higher on optimism before key inflation report Jan 12, 2023 06:11 AM IST

    Wall Street ends sharply higher on optimism before key inflation report

    The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.

  • Wall Street ends higher, Jerome Powell comments avoid rate policy Jan 11, 2023 06:03 AM IST

    Wall Street ends higher, Jerome Powell comments avoid rate policy

    In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed's independence is essential for it to battle inflation.