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Market updates
US stocks slip as inflation rises to 30-year high
November 11, 2021 09:21 AM AEDT| By Versha JainBenchmark US indices closed in the red on Wednesday, Nov 10, after the latest economic data showed inflation rose at an annualized rate of 6.2% last month, the highest increase in 30 years. The S&P 500 was down 0.82% to 4,646.71. The...
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FTSE 100 rejoices, Wall Street wobbles as inflation jumps to 31-year high
November 11, 2021 03:06 AM AEDT| By AbhijeetUS Markets: All the three stock indices of America started on a negative footing on Wednesday, 10 November, with the tech heavy Nasdaq Composite leading the losses after the US CPI inflation jumped to 6.2%. This has been the highest level for CPI ba...
FTSE 100 turns flat as Wall Street set for lower opening
November 10, 2021 01:43 AM AEDT| By AbhijeetUS Markets: The three major stock indices of Wall Street set for broadly lower opening on Tuesday, 9 November, witnessing a profit-booking after the averages finished at new all-time highs in the previous session, driven by the corporate earnings che...
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US stocks close higher as tech, material stocks gain
November 09, 2021 08:49 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, Nov 8, lifted by gains in basic material and tech stocks and an upbeat economic outlook after lawmakers passed a US$1 trillion infrastructure bill. The S&P 500 was up 0.09% to 4,701.70. The Dow Jones...
FTSE 100 turns positive as Dow marks new record high
November 09, 2021 02:45 AM AEDT| By AbhijeetUS Markets: The three major Wall Street indices started on a positive note on Monday, 8 November, following the corporate earnings euphoria and cheerful jobs data with Dow Industrials registering a fresh record high, while the tech heavy benchmark Na...
FTSE 100 hits new 20-month high, Wall Street scales new records
November 06, 2021 02:50 AM AEDT| By AbhijeetUS Markets: Wall Street continued to extend the gains on Friday, 5 November, with all the three major US indices hitting fresh record highs, propelled by the favourable macroeconomic data. The prestigious Dow Industrials inched closer to the psycholo...
FTSE 100 jumps as BoE holds rates; Nasdaq, S&P 500 scale new record highs
November 05, 2021 01:39 PM AEDT| By AbhijeetUS Markets: American equities traded lower to moderately higher on Thursday, 4 November, with the tech leader Nasdaq Composite and the broader share index S&P 500 registering fresh record highs, while Dow Industrials traded in the negative territ...
US stocks close higher after Fed's taper remarks
November 04, 2021 09:01 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, November 3, after the Fed said it would start tapering its covid-era asset-buying program this month. The S&P 500 was up 0.65% to 4,660.57. The Dow Jones rose 0.29% to 36,157.58. The NASDAQ Compos...
FTSE 100 remains range-bound ahead of BoE’s policy meet
November 04, 2021 02:03 AM AEDT| By Sreenivas D AjankarUS Markets: Broder US indices are trading lower. S&P 500 index traded down by 6 points or 0.14% at 4,623, Dow Jones Industrial Average Index is down by 96 points at 35,955, and the technology benchmark index Nasdaq Composite traded lower at 15,63...
Wall Street closes at record high as earnings lift mood
November 03, 2021 09:15 AM AEDT| By Sanjeeb BaruahBenchmark US indices continued their rally on Tuesday, November 2, bolstered by gains across stock segments as strong quarterly earnings of companies lifted the market sentiments. The S&P 500 was up 0.37% to 4,630.65. The Dow Jones rose 0.39% to...
FTSE 100 partly resurrects on upbeat Wall Street
November 03, 2021 03:26 AM AEDT| By AbhijeetUS Markets: When it comes to Wall Street hovering near fresh record highs, the key indices remain in a position to make and break newer records over a couple of sessions. All the three major stock indices registering new all-time highs on Tuesday, 2...
US indices gain on upbeat quarterly earnings, economic outlook
November 02, 2021 08:53 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the first day of the month on Monday, Nov 1, with a buoyant note as stocks saw gains across all industry groups on upbeat quarterly earnings and economic outlook. The S&P 500 was up 0.18% to 4,613.67. The Dow Jones ro...
FTSE 100 reclaims 7,300 after 20 months; Wall Street inks new record
November 02, 2021 03:59 AM AEDT| By AbhijeetUS Markets: Wall Street started the new month with all the three major stock indices hitting a record high on Monday, 1 November, following the marginal gain from last week’s record closing. However, the indices slipped into the negativ...
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US indices close flat, weighed down by tech stocks
October 30, 2021 08:00 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the week flat on Friday, October 29, weighed down by losses in technology stocks as inflation concerns rose after the latest government economic data. The S&P 500 was up 0.19% to 4,605.38. The Dow Jones fell 0.25% to...
FTSE 100 ends Oct in green, Dow on track to finish near record high
October 30, 2021 04:00 AM AEDT| By AbhijeetUS Markets: Wall Street resumed with a mixed-bag of trade as Dow Industrials oscillated in the positive territory after starting in red, while the broader S&P 500 and Nasdaq Composite traded in the negative region as earnings dejection weighed on...
US stocks rally after economic data
October 29, 2021 08:33 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 28, after the latest economic data showed jobless benefits claims dropped to the lowest level since March last year. The S&P 500 rose 0.98% to 4,596.42. The Dow Jones was up 0.68% to 35,730...
FTSE 100 ends flat; Wall Street rebounds, Nasdaq hits record high
October 29, 2021 02:58 AM AEDT| By AbhijeetUS Markets: Wall Street started on a positive note on Thursday, 28 October, with Dow Industrials and S&P 500 scaling nearing their respective record highs. Of the three, Nasdaq Composite led the gains with the tech barometer surging more than 1%...
US stocks close mixed as investors track earnings data
October 28, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, October 27, as investors delved into companies' quarterly earnings and sought to catch up with their latest developments. The S&P 500 was down 0.51% to 4,551.68. The Dow Jones fell 0.74% to 35,490....
FTSE 100 snaps three-day gain, Dow, S&P 500 stay near record highs
October 28, 2021 02:59 AM AEDT| By AbhijeetUS Markets: American equities opened largely flat on Wednesday, 27 October, with the Nasdaq Composite strengthening towards its record high, while Dow Industrials and S&P 500 oscillated in the negative region due to a mixed set of corporate resul...
US markets scale fresh highs on upbeat earnings, housing data
October 27, 2021 08:32 AM AEDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...
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