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Market updates
FTSE 100 moves higher, housebuilding stocks gain
April 05, 2022 01:10 AM AEST| By Sreenivas D AjankarUK Market: The UK stock market made a positive start to the new week, with the blue-chip FTSE100 index up by 0.12% on Monday. Most of the housebuilding stocks like Barratt Developments Plc (3.05%), Berkeley Group Holdings (3.09%), Persimmon Plc (2.84...
Wall Street closes higher on jobs report, yields rise; PLD, AMT gain
April 02, 2022 08:41 AM AEDT| By Sanjeeb BaruahWall Street’s main indices closed higher on Friday, April 1, lifted by utility and material stocks after new economic data showed US unemployment rate fell close to the pre-pandemic level. The S&P 500 rose 0.34% to 4545.86. The Dow Jones g...
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UK stock market rebounds, FTSE 100 up by 0.23%
April 02, 2022 02:09 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stocks made a comeback on Friday after declining in the previous session. The blue-chip FTSE100 index traded in the positive territory with around a quarter percent gain. Stocks like Reckitt Benckiser Group Plc (3.50%), Next Pl...
US stocks slip on mixed global cues; AMZN, HD fall sharply
April 01, 2022 06:29 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Thursday, March 31, dragged down by losses across stock segments as investors held back from risky bets amid supply uncertainties and higher inflation. The S&P 500 fell 1.57% to 4530.41. The Dow Jones decline...
UK stock market turns lower, overlooks Q4 GDP growth
April 01, 2022 02:22 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market turned lower on Thursday, with the blue-chip FTSE 100 index dropping around half a per cent, while the mid-cap focused FTSE 250 index also lost over a quarter per cent. The markets overlooked the report of a reb...
FTSE 100 turns flat, Pearson tanks 7%
March 31, 2022 05:15 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market showed a mixed trend on Wednesday, with the blue-chip FTSE 100 index adding 0.19% to its last session gains, while the mid-cap focused FTSE 250 index declined by 0.90%. FTSE 100 index received support from oil and minin...
US stocks close higher as oil drops; AAPL, MSFT, TSM gain
March 30, 2022 09:22 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Tuesday, March 29, boosted by gains in technology, consumer cyclical, and real estate stocks after mixed signals from the economy. The S&P 500 gained 1.23% to 4631.60. The Dow Jones rose 0.97% to 35294.19. T...
FTSE 100 surges over 1.2% on progress in peace talks
March 30, 2022 02:39 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock markets went for a rally on Tuesday, reacting to progress in peace talks between Russia and Ukraine. The blue-chip FTSE100 index is up by over 1.2% and at its best levels since mid of February 2022, when the conflict b...
US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat
March 29, 2022 08:03 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Monday, March 28, as Tesla, Inc (TSLA) sharp gains nullified losses in the financial and energy stocks. The shares of TSLA surged 8.03% in intraday trading after the EV maker said that it would request investors'...
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UK stock market moves higher, IAG, EasyJet among top gainers
March 29, 2022 03:13 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market made a positive start to the new week, with the blue-chip FTSE 100 index gaining 0.30%. Most of the airline stocks like EasyJet Plc (5.54%), Wizz Air Holdings (4.62%), and International Consolidated Airlines Group (3.05...
Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans
March 26, 2022 08:02 AM AEDT| By Rupam RoyDow Jones and S&P 500 rose but stayed near the flatline, and Nasdaq closed in the red on Friday, March 25, dragged down by losses in technology stocks as investors weighed the impact from Europe’s possible energy shortages and the interest...
FTSE 100 moves higher, shrugs off weak consumer confidence data
March 26, 2022 02:48 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market, coming out of the sluggishness of the last session, strengthened on Friday. Blue-chip FTSE 100 index was up by 0.19%, supported by stocks like Rentokil Initial Plc (3.61%) and Rolls-Royce Holdings Plc (3.02%)....
Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge
March 25, 2022 06:51 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Thursday, March 24, boosted by gains in big technology stocks as crude oil prices dropped more, lifting investors’ sentiments on Wall Street. The S&P 500 gained 1.43% to 4520.16. The Dow Jones rose 1.0...
Wall Street ends in the red, oil jumps; GME, AMC surge, ADBE tumbles
March 24, 2022 08:33 AM AEDT| By Rupam RoyWall Street’s major indices closed in the red on Wednesday, March 23, as mega-cap stocks fell out of favor with risk-averse investors and benchmark crude futures jumped again. The S&P 500 fell 1.23% to 4456.24. The Dow Jones declined 1.29%...
Wall Street closes higher on positive economic outlook; TSLA, PDD soar
March 23, 2022 07:23 AM AEDT| By Rupam RoyWall Street’s main indexes closed higher on Tuesday, March 22, as technology, financials, and consumer discretionary segments saw a strong rebound amid upbeat quarterly results. The S&P 500 rose 1.13% to 4511.61. The Dow Jones gained 0.74%...
US stocks retreat after Powell vows more rate hikes; XOM, CVX rise
March 22, 2022 08:39 AM AEDT| By Rupam RoyUS stocks kicked off the week lower on Monday, March 21, after Fed Chair Jerome Powell reiterated tough action on inflation and the EU weighed joining the US on banning Russian oil imports. The S&P 500 fell 0.04% to 4,461.18. The Dow Jones decli...
FTSE 100 bounces back, PE firm Apollo Global eyes Pearson
March 12, 2022 02:28 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market made a decent bounce back on Friday. The blue-chip FTSE 100 index was up by over 1.3%. The index was supported by stocks like Pearson Plc (21.5%) and Polymetal International (12.3%). The mid-cap-focused FTSE 250 index a...
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US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 11, 2022 09:44 AM AEDT| By Versha JainBenchmark US indices retreated from the previous day’s gains to close lower on Thursday, March 10, after US inflation touched another 40-year high in February, fuelled by higher energy costs. The Labor Department said the consumer price index...
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FTSE 100 declines over 1.5%, FCA suspends trading in Evraz
March 11, 2022 01:51 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market turned lower on Thursday. The blue-chip FTSE 100 index was down over 1.5%. Evraz Plc (LON: EVR) was amongst the top losers on the index. The financial regulator, FCA, temporarily suspended trading in the company’s...
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UK stock market moves higher, FTSE 100 reclaims 7,000 level
March 10, 2022 01:40 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market moved higher on Wednesday. The blue-chip FTSE 100 reclaimed its 7,000 level, supported by stocks like Polymetal International Plc (55%), Evraz Plc (27%), International Consolidated Airlines (9.1%). These stocks witnesse...
AI on the Rise: A Look at Top AI Companies and Their Stocks