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  • Profit reports may provide antsy investors a new focus Oct 20, 2020 03:30 PM IST

    Profit reports may provide antsy investors a new focus

    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

  • Wall Street climbs on optimism over stimulus deal talks Oct 19, 2020 07:51 PM IST

    Wall Street climbs on optimism over stimulus deal talks

    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.

  • Wall Street rises at open on stimulus optimism Oct 09, 2020 07:30 PM IST

    Wall Street rises at open on stimulus optimism

    The Dow Jones Industrial Average rose 108.10 points, or 0.38 percent, at the open to 28,533.61.

  • Wall Street gains on stimulus bets as jobless claims remain high Oct 08, 2020 07:45 PM IST

    Wall Street gains on stimulus bets as jobless claims remain high

    The Dow Jones Industrial Average rose 45.40 points, or 0.16 percent, at the open to 28,348.86.

  • Wall Street gains on stimulus hopes, hints of Donald Trump hospital discharge Oct 05, 2020 07:21 PM IST

    Wall Street gains on stimulus hopes, hints of Donald Trump hospital discharge

    The Dow Jones Industrial Average rose 142.61 points, or 0.52 percent, at the open to 27,825.42.

  • Wall Street surges on rekindled stimulus optimism Oct 01, 2020 08:36 AM IST

    Wall Street surges on rekindled stimulus optimism

    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

  • Wall Street Weekahead: Trump-Biden debate could spark stock volatility Sep 27, 2020 07:45 PM IST

    Wall Street Weekahead: Trump-Biden debate could spark stock volatility

    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.

  • Wall Street falls as tech sells off again, jobless claims still high Sep 18, 2020 07:14 AM IST

    Wall Street falls as tech sells off again, jobless claims still high

    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.

  • Shares slip, dollar gains as Fed sticks to agenda of near-zero rates Sep 17, 2020 07:50 AM IST

    Shares slip, dollar gains as Fed sticks to agenda of near-zero rates

    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.

  • Wall Street higher but Apple loses ground after event Sep 16, 2020 07:48 AM IST

    Wall Street higher but Apple loses ground after event

    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.

  • Wall Street rises at open on M&A activity, vaccine hopes Sep 14, 2020 07:21 PM IST

    Wall Street rises at open on M&A activity, vaccine hopes

    The Dow Jones Industrial Average rose 53.10 points, or 0.19 percent, at the open to 27,718.74.

  • Wall Street ends higher on tech rally to snap three-day skid Sep 10, 2020 07:11 AM IST

    Wall Street ends higher on tech rally to snap three-day skid

    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%.

  • Asian markets seen firmer after Wall Street turns positive Sep 10, 2020 07:11 AM IST

    Asian markets seen firmer after Wall Street turns positive

    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.

  • Slump in Tesla, Apple hits Wall Street as tech rout deepens Sep 09, 2020 07:19 AM IST

    Slump in Tesla, Apple hits Wall Street as tech rout deepens

    All eleven major S&P sectors fell in early trading, with energy and information technology stocks leading declines.

  • Asian markets set to come under pressure after another down day on Wall Street Sep 09, 2020 07:14 AM IST

    Asian markets set to come under pressure after another down day on Wall Street

    “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.

  • With US elections getting closer, chances of profit-booking are high: Paras Bothra Sep 05, 2020 09:21 AM IST

    With US elections getting closer, chances of profit-booking are high: Paras Bothra

    Investors are also sceptical of putting in more money amid growing border tensions with China, says Paras Bothra of Ashika Stock Broking.

  • Wall Street's 'fear gauge' spikes but unlikely to be pointing to a market crash Sep 04, 2020 07:36 AM IST

    Wall Street's 'fear gauge' spikes but unlikely to be pointing to a market crash

    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.

  • Asian stocks drop after Wall Street's tech rally stumbles Sep 04, 2020 07:06 AM IST

    Asian stocks drop after Wall Street's tech rally stumbles

    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.

  • Global stocks rally on recovery, stimulus hopes; dollar gains Sep 03, 2020 07:04 AM IST

    Global stocks rally on recovery, stimulus hopes; dollar gains

    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.

  • Wall Street Weekahead: Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes Aug 29, 2020 11:25 AM IST

    Wall Street Weekahead: Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes

    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.

  • Tech powers S&P 500 to record closing high, Dow now positive for the year Aug 29, 2020 09:56 AM IST

    Tech powers S&P 500 to record closing high, Dow now positive for the year

    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.

  • Wall Street closes higher as momentum stocks push S&P 500, Nasdaq to new highs Aug 27, 2020 01:36 AM IST

    Wall Street closes higher as momentum stocks push S&P 500, Nasdaq to new highs

    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.

  • Wall Street Week Ahead: No elk or trout, but Fed's virtual retreat may stoke market's 'animal spirits' Aug 22, 2020 11:06 AM IST

    Wall Street Week Ahead: No elk or trout, but Fed's virtual retreat may stoke market's 'animal spirits'

    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.

  • Nasdaq closes at all-time high as strong tech sector offsets jobless data Aug 21, 2020 08:00 AM IST

    Nasdaq closes at all-time high as strong tech sector offsets jobless data

    Nasdaq clocked its 19th record closing high since early June when it confirmed its recovery from the coronavirus sell-off.

  • Wall Street ends lower after Fed minutes highlight tough recovery Aug 20, 2020 02:32 AM IST

    Wall Street ends lower after Fed minutes highlight tough recovery

    The Fed also ruled out for now more dovish monetary policy measures such as yield-curve control.

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