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S&P 500 extends streak of record highs; Tesla tumbles

S&P 500 extends streak of record highs; Tesla tumbles

Fri, Jan 26, 2024

US stock market: The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong US economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.

Stocks climb on positive earnings, economic data; yields rise

Stocks climb on positive earnings, economic data; yields rise

Thu, Jan 25, 2024

MSCI's global equity index rose on Wednesday, hitting its highest level in almost two years, backed by positive earnings and economic data in both Europe and the United States as well as optimism China stimulus will support its stock markets.

S&P 500 notches third straight record high close

S&P 500 notches third straight record high close

Wed, Jan 24, 2024

US stock market: The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week.

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US stocks close at lowest since June, Treasury yields spike on hawkish Fed

US stocks close at lowest since June, Treasury yields spike on hawkish Fed

Fri, Sep 22, 2023

US stock market: All three major US stock indexes tumbled more than 1 per cent and benchmark 10-year US Treasury yields touched a 16-year peak the day after Fed Chairman Jerome Powell warned inflation still has a long way to go before approaching the central bank's 2 per cent target.

Dollar firm but softens against yen ahead of FOMC

Dollar firm but softens against yen ahead of FOMC

Wed, Sep 20, 2023

US dollar rate index news: The U.S. dollar index , which measures the greenback against a basket of rivals, stayed mostly flat at 105.13 as traders awaited the Fed's rate decision. Markets expect the Fed will almost certainly keep rates on hold at 5.25 per cent to 5.50 per cent, putting the focus on the central bank's forward guidance.

US stocks close lower as investors take cover ahead of Fed decision

US stocks close lower as investors take cover ahead of Fed decision

Wed, Sep 20, 2023

US stock market: The Dow Jones Industrial Average (.DJI) fell 106.57 points, or 0.31 per cent, to 34,517.73, the S&P 500 (.SPX) lost 9.58 points, or 0.22 per cent, to 4,443.95 and the Nasdaq Composite (.IXIC) dropped 32.05 points, or 0.23 per cent, to 13,678.19.

Wall Street moves sideways as investors look to Fed

Wall Street moves sideways as investors look to Fed

Tue, Sep 19, 2023

US stock market: The Dow Jones Industrial Average (.DJI) rose 6.06 points, or 0.02 per cent, to 34,624.3, the S&P 500 (.SPX) gained 3.21 points, or 0.07 per cent, to 4,453.53 and the Nasdaq Composite (.IXIC) added 1.90 points, or 0.01 per cent, to 13,710.24.

Wall Street ends higher on economic data; Arm soars in debut

Wall Street ends higher on economic data; Arm soars in debut

Fri, Sep 15, 2023

US stock market: The S&P 500 climbed 0.84 per cent to end the session at 4,505.17 points. The Nasdaq gained 0.81 per cent to 13,926.05 points, while the Dow Jones Industrial Average rose 0.96 per cent to 34,907.51 points. It was the Dow's biggest daily percentage gain since Aug. 7.

SoftBank's Arm set for Nasdaq debut after biggest US IPO since 2021

SoftBank's Arm set for Nasdaq debut after biggest US IPO since 2021

Thu, Sep 14, 2023

The company had secured a valuation of $54.5 billion on Wednesday after pricing its IPO at the top end of its marketed range.

S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets

S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets

Thu, Sep 14, 2023

US stock market: The Dow Jones Industrial Average (.DJI) fell 70.1 points, or 0.2 per cent, to 34,575.89, the S&P 500 (.SPX) gained 5.59 points, or 0.13 per cent, to 4,467.49 and the Nasdaq Composite (.IXIC) added 39.96 points, or 0.29 per cent, to 13,813.59.

Wall Street ends lower as Oracle tumbles on weak forecast

Wall Street ends lower as Oracle tumbles on weak forecast

Wed, Sep 13, 2023

US stock market: The S&P 500 declined 0.57 per cent to end the session at 4,461.91 points. The Nasdaq declined 1.04 per cent to 13,773.62 points, while Dow Jones Industrial Average declined 0.05 per cent to 34,645.99 points.

Wall Street rises as Tesla soars on AI optimism

Wall Street rises as Tesla soars on AI optimism

Tue, Sep 12, 2023

US stock market: The S&P 500 climbed 0.67 per cent to end at 4,487.46 points. The Nasdaq gained 1.14 per cent at 13,917.89 points, while Dow Jones Industrial Average rose 0.25 per cent to 34,663.72 points. Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.0 billion shares over the previous 20 sessions.

S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters

S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters

Fri, Sep 08, 2023

US stock market: The Dow Jones Industrial Average (.DJI) rose 57.54 points, or 0.17 per cent, to 34,500.73, the S&P 500 (.SPX) lost 14.34 points, or 0.32 per cent, to 4,451.14 and the Nasdaq Composite (.IXIC) dropped 123.64 points, or 0.89 per cent, to 13,748.83.

Tesla, Apple, Nvidia Lead Broad Stock Selloff, Dow Drops 200 Points | Inflation Concerns Persist

Tesla, Apple, Nvidia Lead Broad Stock Selloff, Dow Drops 200 Points | Inflation Concerns Persist

Thu, Sep 07, 2023

Weakness in US markets yesterday, Dow Jones closed down 200 points - S&P 500 and Nasdaq down nearly 1% - Inflation still remains a concern - Apple, Nvidia declines European markets decline - Crude oil $90 across the

Wall Street week ahead: Investors lower outlook for consumers as student loans, credit card debts pile up

Wall Street week ahead: Investors lower outlook for consumers as student loans, credit card debts pile up

Mon, Sep 04, 2023

US stock market: Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even as the broad stock market continues to rally. While unemployment remains near historic lows, the Federal Reserve's inflation-fighting interest rate hikes are starting to weigh on households.

Dow Jones falls 373 pts, Nasdaq drops 257 pts, S&P 500 ends 60 pts lower, focus shifts to upcoming Powell speech

Dow Jones falls 373 pts, Nasdaq drops 257 pts, S&P 500 ends 60 pts lower, focus shifts to upcoming Powell speech

Fri, Aug 25, 2023

The Dow Jones Industrial Average (.DJI) fell 373.56 points, or 1.08 per cent, to 34,099.42, the S&P 500 (.SPX) lost 59.7 points, or 1.35 per cent, to 4,376.31 and the Nasdaq Composite (.IXIC) dropped 257.06 points, or 1.87 per cent, to 13,463.97.

US stock market: Indexes end sharply higher; AI chip maker Nvidia jumps again after the bell

US stock market: Indexes end sharply higher; AI chip maker Nvidia jumps again after the bell

Thu, Aug 24, 2023

US stock market: U.S. stocks ended sharply higher on Wednesday as shares of Nvidia (NVDA.O) gained ahead of quarterly results from the company whose chips are widely used for artificial intelligence (AI) computing. Shares of Nvidia, which reported results after the closing bell, jumped 9 per cent, extending a gain of 3.2 per cent during the regular session.

Dow, S&P 500 end down as US interest-rate worries mount, bank shares slip

Dow, S&P 500 end down as US interest-rate worries mount, bank shares slip

Wed, Aug 23, 2023

US stock market: The Dow and S&P 500 ended slightly lower on Tuesday as investors stayed worried the Federal Reserve will keep interest rates higher for longer and as banks shares eased.

Global Market Update: Dow Jones Down 36 Points, Nasdaq Jumps 206 Points

Global Market Update: Dow Jones Down 36 Points, Nasdaq Jumps 206 Points

Tue, Aug 22, 2023

Global Market are off to a slow start. Dow is down by 36 points and Nasdaq is up by 206 points. Nasdaq on action by the rise 8% in Nividia.

Softbank-owned chip design company Arm set for year's biggest IPO

Softbank-owned chip design company Arm set for year's biggest IPO

Tue, Aug 22, 2023

Arm is reportedly developing its own chip, aiming to showcase the capabilities of its designs and attract new customers.

Traders Diary: Mixed signals from foreign markets, good growth after the fall in Nasdaq | Global market

Traders Diary: Mixed signals from foreign markets, good growth after the fall in Nasdaq | Global market

Tue, Aug 22, 2023

Traders Diary: Today on 22 August 2023, there are mixed signals from foreign markets. Mixed business was seen in the US for the second consecutive day. The Dow fell 36 points while the Nasdaq closed up 206 points.

Nasdaq rallies with Nvidia, tech shares; investors look toward Jackson Hole

Nasdaq rallies with Nvidia, tech shares; investors look toward Jackson Hole

Tue, Aug 22, 2023

US stock market: The Dow Jones Industrial Average fell 36.97 points, or 0.11 per cent, to 34,463.69, the S&P 500 gained 30.06 points, or 0.69 per cent, to 4,399.77 and the Nasdaq Composite added 206.81 points, or 1.56 per cent, to 13,497.59.

Market Turmoil: Dow Falls 290, Nasdaq Crashes 157 - Fear of Rising Interest Rates

Market Turmoil: Dow Falls 290, Nasdaq Crashes 157 - Fear of Rising Interest Rates

Fri, Aug 18, 2023

US market Dow 290 points, Nasdaq down 157 points; Walmart 2%, Cisco Systems 3%; Europe also falls by half to 1% due to fear of rising interest rates. #GOLD falls for 9th consecutive day #CrudeOil gains slightly at $84

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