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Market updates
US stocks close higher on June employment data
July 03, 2021 07:28 AM AEST| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 2, as investor sentiments were boosted by the Labor Department’s June employment data. The S&P 500 was up 0.75% to 4,352.34. The Dow Jones gained 0.44% to 34,786...
US stocks close higher on positive earnings outlook, economic data
July 02, 2021 08:29 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 1, as a strong economic recovery increased the prospect of a robust earnings season of big companies in the coming weeks. The S&P 500 was up 0.52% to 4,319.94. The Dow Jones gained 0.38% to 34...
US markets end mixed; energy, industrial stocks lead
July 01, 2021 07:47 AM AEST| By Sanjeeb BaruahAll major US stock markets closed mixed on Wednesday, the last day of the month, as energy, industrials, and consumer staple segments saw modest gains amid a positive economic outlook. The S&P 500 was up 0.13% to 4,297.50. The Dow Jones gained 0...
US stocks end flat on positive economic outlook
June 30, 2021 07:36 AM AEST| By Sanjeeb BaruahBenchmark US indices closed flat on Tuesday, June 29, after technology and economy-linked stocks logged modest gains in intraday trading marked by high enthusiasm following consecutive record closings of the S&P 500 and NASDAQ Composite in the pr...
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S&P 500, NASDAQ make record closes as tech stocks rally
June 29, 2021 08:22 AM AEST| By Sanjeeb BaruahThe S&P 500 and the tech-heavy NASDAQ Composite closed at record highs on Monday, June 28, providing a strong headstart to the week as investors waited for a new set of economic data and a critical OPEC meeting this week whose outcome might sway...
US stocks close week on positive note as financials lead
June 26, 2021 07:23 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a positive note on Friday, June 25, as stocks saw broad gains led by financials despite some minor pushback from the tech segment. The S&P 500 was up 0.33% to 4,280.70. The Dow Jones gained 0.69% to 34,433...
NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery
June 25, 2021 08:25 AM AEST| By Sanjeeb BaruahBlue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President Biden’s US$1 trillion infrastructure deal and continued recovery of the US labor market, criti...
US markets close mixed as financials, energy stocks advance
June 24, 2021 08:26 AM AEST| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, June 23, after financials and energy scrips advanced, while other stock segments remained subdued. The S&P 500 was down 0.11% to 4,241.84. The Dow Jones declined 0.21% to 33,874.24. The NASDAQ Comp...
US markets edge higher as stocks see broad gains
June 23, 2021 08:39 AM AEST| By Sanjeeb BaruahBenchmark US markets closed higher on Tuesday, June 22, as the stock segments saw broad gains led by tech, real estate, and retail sectors. The S&P 500 was up 0.51% to 4,246.44. The Dow Jones rose 0.20% to 33,945.58. The NASDAQ Composite gained...
Rebound in energy, industrial stocks lift Wall Street
June 22, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...
US Markets end week in red, Dow Jones down 500 points
June 19, 2021 07:30 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week in red on Friday, June 18, with Dow Jones diving to its lowest level since January, as Americans marked the Juneteenth Holiday to commemorate the end of slavery some 155 years ago. The S&P 500 was down 1.31%...
US markets close flat as stocks slip on inflation fears
June 18, 2021 08:24 AM AEST| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...
US Markets Close Lower As Tech, Telecom Stocks Retreat
May 19, 2021 08:15 AM AEST| By Team Kalkine MediaUS stock markets retreated for the second day on Tuesday despite some advances made by technology stocks to hold off the slide as inflation woes continued to weigh on investors' mind. The S&P 500 was down 0.85% to 4,127.83. The Dow Jones shed 0....
US Stock Markets Slip On Fears Of Rising Inflation, Rate Hike
May 18, 2021 07:50 AM AEST| By Team Kalkine MediaAll major benchmark US stock indices edged lower on Monday, May 17, dragged down by blue-chip and technology stocks as concerns over rising inflation in the US weighed on the investors' mind. The S&P 500 was down 0.25% to 4,163.29. The Dow Jones...
US Markets End Higher After Volatile Week; Tech, Energy Stocks Advance
May 15, 2021 07:17 AM AEST| By Team Kalkine MediaAll major US stock indexes closed higher on Friday, ending a volatile week that saw a steep decline in the blue-chip and technology stocks amid a positive economic outlook. The S&P 500 rose 0.52% to 3909.52. The Dow Jones Industrial Average gain...
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US Stock Market Rebounds From Wednesday’s Slump
May 14, 2021 08:29 AM AEST| By Team Kalkine MediaThe benchmark U.S. stock indexes S&P 500, Dow Jones, and the NASDAQ Composite staged a comeback on Thursday, May 13, snapping a three-day losing streak. The blue-chip index Dow Jones gained 434 on Thursday while S&P 500 and tech-savvy NASDAQ...
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US Stock Market Tumbles As Inflation Peaks 13 Year High
May 13, 2021 07:47 AM AEST| By Team Kalkine MediaAll the major U.S. stock market benchmark indexes plunged on Wednesday, May 12, as the consumer price index in April saw the highest growth in 13 years. The higher inflation data has sparked concerns among the investors over the possibility of the F...
US Stock Market Retreats Ahead Of Inflation Data
May 12, 2021 08:33 AM AEST| By Team Kalkine MediaThe U.S. stock market benchmark indexes Dow Jones Industrial Average and S&P 500 closed lower on Tuesday, May 11, while NASDAQ Composite Index ended almost flat ahead of the inflation data. The Dow Jones lost 473 points on Tuesday while S&P...
Technology Stocks Drag Down US Market
May 11, 2021 08:22 AM AEST| By Team Kalkine MediaThe NASDAQ Composite Index plunged on Tuesday while S&P 500 and Dow Jones Industrial Average declined to close lower from their records set on Friday as technology shares dropped on all three indexes. Shares of technology giants Amazon.Com Inc....
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US Markets End Higher After April Jobs Data
May 08, 2021 07:47 AM AEST| By Team Kalkine MediaUS stock indexes closed higher on Friday as markets saw a bullish trend across all sectors through the day after the latest labor data showed that the employment rate has marginally dropped in April. The Dow Jones rose 0.66 percent to 34,777.76, the...
