Market updates


 Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans

Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans

March 26, 2022 08:02 AM AEDT| By Rupam Roy

Dow 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...

 ASX opens in green; BlueScope Steel, JB Hi-Fi lead gains

ASX opens in green; BlueScope Steel, JB Hi-Fi lead gains

March 25, 2022 12:09 PM AEDT| By Aayush

The Australian share market opened on a higher note on Friday, supported by mining giants as rising iron ore prices boosted investors’ demand. However, some of the gains in the broader market index were offset by a drop in energy stocks, owin.....

 Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge

Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge

March 25, 2022 06:51 AM AEDT| By Rupam Roy

Benchmark 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

Wall Street ends in the red, oil jumps; GME, AMC surge, ADBE tumbles

March 24, 2022 08:33 AM AEDT| By Rupam Roy

Wall 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

Wall Street closes higher on positive economic outlook; TSLA, PDD soar

March 23, 2022 07:23 AM AEDT| By Rupam Roy

Wall 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

US stocks retreat after Powell vows more rate hikes; XOM, CVX rise

March 22, 2022 08:39 AM AEDT| By Rupam Roy

US 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...

 Australian Equity Market Closes Higher

Australian Equity Market Closes Higher

March 14, 2022 09:07 PM AEDT| By Team Kalkine Media

On 14th March 2022, the equity market of Australia ended in green. On the same day, ASX Midcap50 rose by 1.15% and ASX 200 was up by 1.21%. ASX All Ordinaries went up by 1.13% to 7,422.20. Data Source: ASX, Table Source: Copyright © 2021 Kalk...

 US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise

US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise

March 11, 2022 09:44 AM AEDT| By Versha Jain

Benchmark 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...

 US stocks wobble as commodity prices hit 14-year high, KR, BBY surge

US stocks wobble as commodity prices hit 14-year high, KR, BBY surge

March 04, 2022 09:46 AM AEDT| By Versha Jain

US stocks closed lower on Thursday, March 3, after commodity prices hit a 14-year high amid Black Sea curbs and the unfolding humanitarian crisis unleashed by the Russia-Ukraine war. Oil prices jumped to US$116 a barrel in intraday trading, the high...

 US indices retreat as Russia bombs Ukraine; TGT, ACI stocks rally

US indices retreat as Russia bombs Ukraine; TGT, ACI stocks rally

March 02, 2022 09:24 AM AEDT| By Versha Jain

Wall Street’s major indices fell sharply on Tuesday, March 1, after Russia intensified bombings in Ukraine, raising the spectre of a violent attack as the world watched the events in horror. Oil prices climbed again above the US$100 per barrel...

 NYSE, Dow slip after new Russia sanctions; oil jumps, TSLA, FNH rise

NYSE, Dow slip after new Russia sanctions; oil jumps, TSLA, FNH rise

March 01, 2022 09:12 AM AEDT| By Versha Jain

Wall Street’s main indices closed mixed on Monday, February 28, as countries stepped up sanctions against Russia for invading Ukraine, driving up the oil prices after Friday’s retreat. The S&P 500 fell 0.24% to 4,373.94. The Dow Jone...

 US stocks rally on Russia’s openness for Ukraine talks; SQ, ETSY climb

US stocks rally on Russia’s openness for Ukraine talks; SQ, ETSY climb

February 26, 2022 10:55 AM AEDT| By Versha Jain

Benchmark US indices rallied for the second-consecutive day on Friday, February 25, after Russia agreed to high-level talks with Ukraine the day after the military raids began. The S&P 500 surged 2.24% to 4,384.65. The Dow Jones climbed 2.51% to...

 US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers

US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers

February 24, 2022 10:06 AM AEDT| By Versha Jain

Benchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...

 US stocks edge lower again on war fears; ROKU, DKNG fall sharply

US stocks edge lower again on war fears; ROKU, DKNG fall sharply

February 19, 2022 10:43 AM AEDT| By Versha Jain

Benchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...

 US indices close mixed after Fed minutes; ABNB, KHC rise

US indices close mixed after Fed minutes; ABNB, KHC rise

February 17, 2022 10:58 AM AEDT| By Versha Jain

Benchmark US indices closed mixed on Wednesday, February 16, after Fed minutes gave no clear timeline for a rate hike to curb inflation and tension over Ukraine persisted. The S&P 500 rose 0.09% to 4,475.01. The Dow Jones fell 0.16% to 34,934.27...

 US stocks break three-day losing streak, RESN, SPCE fly high

US stocks break three-day losing streak, RESN, SPCE fly high

February 16, 2022 09:10 AM AEDT| By Versha Jain

Benchmark US indices reversed their three-day losing streak on Tuesday, February 15, after broad gains across sectors amid Russia’s decision to withdraw troops from the Ukraine border.  The S&P 500 surged 1.58% to 4,471.07. The Dow Jo...

 US stocks plunge amid Ukraine fears; SU, MRNA among top losers

US stocks plunge amid Ukraine fears; SU, MRNA among top losers

February 15, 2022 09:16 AM AEDT| By Versha Jain

Benchmark US indices were down for the second consecutive session on Monday, February 14, amid rising Russia-Ukraine tension and lingering fears over Fed’s possible interest rate hikes. The S&P 500 declined 0.38% to 4,401.65. The Dow Jones...

 US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers

US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers

February 12, 2022 09:43 AM AEDT| By Versha Jain

Benchmark US indices slipped into the red on Friday, February 11, as oil prices surged to an eight-year high, further adding to the inflationary pressure a day after the crushing CPI data. The S&P 500 fell 1.90% to 4,418.49. The Dow Jones declin...

 S&P, Nasdaq rise after Amazon.com Inc (AMZN) earnings, jobs report

S&P, Nasdaq rise after Amazon.com Inc (AMZN) earnings, jobs report

February 05, 2022 09:53 AM AEDT| By Team Kalkine Media

The S&P 500 index and Nasdaq Composite closed in the green, while Dow Jones marginally declined on Friday, February 4, after Amazon’s strong earnings and positive jobs report.  The S&P 500 rose 0.52% to 4,500.53. The Dow Jones fel...

 US stocks close in red after Meta (FB) rout, Zuckerberg loses US$29 bn

US stocks close in red after Meta (FB) rout, Zuckerberg loses US$29 bn

February 04, 2022 10:00 AM AEDT| By Versha Jain

Benchmark US indices closed in the red on Thursday, February 3, after Mark Zuckerberg-led Meta Platforms, Inc lost roughly US$200 billion in market value in a massive stock rout. Shares of other tech companies, such as Amazon.com, Google, and Spotif...

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