May 07, 2021 07:40 AM IST
Lifted by Apple Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.
- May 06, 2021 08:00 AM IST
Technology-related companies including Apple Inc, Microsoft Corp, Amazon.com Inc, Facebook Inc and Alphabet Inc rose between 0.1% and 1.7%.
- May 05, 2021 09:20 AM IST
The initial comments made by Yellen, a former Federal Reserve chair, deepened a sell-off in tech stocks and pushed longer-dated Treasury yields higher.
- May 05, 2021 07:58 AM IST
Highly valued technology-related companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc sold off across the board, with Apple falling the most by 3.54%. The Philadelphia Semiconductor Index also dropped by 1.6%.
- May 04, 2021 07:25 PM IST
The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them.
- Apr 30, 2021 07:30 AM IST
Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.
- Apr 29, 2021 07:45 PM IST
Apple Inc gained 1.0 percent after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.
- Apr 29, 2021 06:50 AM IST
Despite the improving economy, the Fed repeated the guidance it has used since December, saying it must see “substantial further progress” towards its inflation and employment goals before stepping back from its monthly bond purchases.
- Apr 27, 2021 08:39 AM IST
The Nasdaq's record high close confirmed the end of an 11% correction in the index that began after its previous record high close on Feb. 12, with the index closing at a low on March 8.
- Apr 23, 2021 07:50 PM IST
The Dow Jones Industrial Average fell 11.4 points, or 0.03 percent, at the open to 33804.52.
- Apr 23, 2021 05:20 PM IST
Among the most recent has been Goldman Sachs, whose analysts on Wednesday said an expected second-quarter peak in US growth could be tied to weaker stock returns.
- Apr 22, 2021 06:02 PM IST
One of the first things Gary Gensler will probably have to weigh in on as chair is whether to assert more control over the red-hot market for special purpose acquisition companies, or SPACs
- Apr 22, 2021 07:56 AM IST
Shares of Netflix slumped 7.4% after the world’s largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.
- Apr 21, 2021 08:37 AM IST
Kansas City Southern surged 15.2% on the prospect of a bidding war after Canadian National offered about $30 billion for the U.S. railroad, some $5 billion more than an earlier offer from Canadian Pacific.
- Apr 18, 2021 06:26 PM IST
The CRAMs ( contract research and manufacturing services) segment is fetching rich valuations globally and back home, the segment has seen minority stake sale deals like True North-Anthem Biosciences & TPG-Sai Lifesciences.
- Apr 13, 2021 07:39 AM IST
The smooth auction of $96 billion in new three- and 10-year U.S. Treasury notes kept a move higher in yields in check as the market looked to key data releases this week, including a reading on U.S. consumer price inflation and retail sales.
- Apr 09, 2021 08:25 AM IST
Weekly initial jobless claims data showed a second straight rise, conflicting with the recent payrolls report, and buttressed the Federal Reserve’s dovish policy stance to keep interest rates lower for a substantial period.
- Apr 05, 2021 07:14 AM IST
U.S. S&P500 futures traded 0.5% higher, maintaining their gains made during a truncated session on Friday while Japan's Nikkei rose 0.8%.
- Apr 01, 2021 11:45 AM IST
Here are some trends investors are positioning for in the second quarter, and how they could impact broader markets.
- Apr 01, 2021 10:16 AM IST
SPACs have surged globally to a record $170 billion this year, outstripping last year's total of $157 billion, Refinitiv data showed.
- Apr 01, 2021 08:17 AM IST
Bets on a strong economic rebound supported Wall Street during the quarter even as jitters cropped up over GameStop and a retail trading frenzy, a spike in Treasury yields and a U.S. hedge fund going bust.
- Apr 01, 2021 07:53 AM IST
The dollar, meanwhile, hit a one-year high against the yen and multi-month peaks with other currencies as investors bet U.S. fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.
- Mar 31, 2021 08:08 AM IST
At the same time, the S&P 500 financials, industrials and consumer discretionary sectors rose, extending the recent rotation out of growth and into so-called value names.
- Mar 30, 2021 11:57 AM IST
The trouble started when Goldman Sachs and Morgan Stanley went about dumping multibillion-dollar positions in US and Chinese stocks
- Mar 26, 2021 08:17 AM IST
The labor report showed claims for unemployment benefits dropped to a one-year low last week, a sign that the US economy is on the verge of stronger growth as the public health situation improves and temperatures rise.