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Market updates
Dow, S&P close higher on strong earnings; MSFT, Visa, TMUS rally
April 28, 2022 06:57 AM AEST| By Rupam RoyDow Jones and S&P 500 edged higher while Nasdaq closed flat on Wednesday, April 27, as strong quarterly earnings of Microsoft Corp and Visa Inc lifted the market sentiment in a reversal from the previous day’s fall. The S&P 500 rose 0....
ASX 200 to extend weakness; NASDAQ tumbles 4%; oil prices rebound
April 27, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is likely to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 110 points or 1.5% lower. On Wall Street, the Dow Jones fell 2.4%, the S&P 500 drop...
US stocks retreat ahead of big earnings; TSLA, GE, UPS decline
April 27, 2022 06:54 AM AEST| By Rupam RoyWall Street’s main indices edged lower on Tuesday, April 26, ahead of the earnings of big companies like Microsoft and Alphabet as investors weighed the risks of slow growth and higher interest rates. The S&P 500 was down 2.81% to 4,175.20...
Jitters about China & interest rate rises make ASX 200 finish 2.1% lower
April 26, 2022 08:01 PM AEST| By SukritiHighlights Today, ASX 200 dropped 2.1%, or 155.3 points, to 7318. There were heavy losses across energy and materials sectors in response to falling commodity prices. Fears about new coronavirus lockdowns in China are impacting markets, and pr.....
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ASX 200 cracks over 2% at open; BlueScope Steel, Allkem lead losses
April 26, 2022 11:13 AM AEST| By AayushHighlights The benchmark ASX 200 plunged 2.4% to 7,294.3 in the first 10 minutes of trading. Wall Street indices ended on a positive note on Monday, while European markets slid to a one-month low. Growth stocks in the US staged a late-day rall.....
ASX 200 to fall despite Wall Street reversing losses; iron ore dips
April 26, 2022 07:58 AM AEST| By AshishHighlights The Australian share market is poised to open lower on Tuesday. According to the latest SPI futures, the ASX 200 is likely to open 160 points or 2.15% lower. On Wall Street, the Dow Jones rose 0.7%, the S&P 500 climbed...
US stocks rise after Twitter nod to Musk's buyout offer; KO rallies
April 26, 2022 06:55 AM AEST| By Rupam RoyBenchmark US indices closed the first day of the week on a positive note on Monday, April 26, after Twitter board agreed to Elon Musk’s US$44 billion buyout offer, marking a watershed moment for the social media company. The S&P 500 was do...
Wall Street edge lower on weak earnings; SNAP, VZ, GPS decline
April 23, 2022 06:53 AM AEST| By Rupam RoyBenchmark US indices closed the week lower on Friday, April 22, as weak earnings and the relentless fall in growth stocks weighed on investors' minds. The S&P 500 was down 2.77% to 4,271.78. The Dow Jones fell 2.82% to 33,811.40. The NASDAQ Comp...
US stocks retreat after Powell's speech; TLSA, UAL, AT&T rally
April 22, 2022 07:05 AM AEST| By Rupam RoyUS stock drifted lower on Thursday, April 21, after Fed Chair Jerome Powell signaled more rate hikes to come as early as next month to curb the high inflation in the US economy. The S&P 500 was down 1.48% to 4,393.66. The Dow Jones fell 1.05% to...
US stocks close mixed after weak Netflix results; IBM, PG stocks rally
April 21, 2022 07:04 AM AEST| By Rupam RoyWall Street closed mixed on Wednesday, April 20, after growth stocks took a beating following Netflix's disappointing quarterly results the day before. The S&P 500 was down 0.06% to 4,459.45. The Dow Jones rose 0.71% to 35,160.79. The NASDAQ Com...
US stocks edge higher on earnings optimism; JNJ, IBM, AAL rally
April 20, 2022 07:37 AM AEST| By Rupam RoyBenchmark US indices closed higher on Tuesday, April 19, as better-than expected quarterly results lifted investors’ sentiments. The S&P 500 up 1.61% to 4,462.21. The Dow Jones rose 1.45% to 34,911.20. The NASDAQ Composite increased by 2.1...
US stocks retreat, yields jump; BAC, TSLA rally
April 19, 2022 06:52 AM AEST| By Rupam RoyWall Street’s main indices edged lower on Monday, April 18, after bond yields climbed to a fresh three-year high in anticipation of the Federal Reserve’s aggressive rate hike to calm inflation. The S&P 500 fell 0.02% to 4,391.69. The...
US stocks slip on mixed bank earnings; AAPL, MSFT, NVDA decline
April 15, 2022 07:02 AM AEST| By Rupam RoyWall Street’s main indices closed lower on Thursday, April 14, as rising yields and mixed bank earnings weighed on mega-cap stocks ahead of an extended weekend holiday for Good Friday. The S&P 500 was down 1.21% to 4,392.59. The Dow Jones...
Wall Street closes higher as earnings season kicks in; DAL, AAL, TSM rally
April 14, 2022 07:10 AM AEST| By Rupam RoyBenchmark US indices closed higher on Wednesday, April 13, as a new earnings season set in and growth stocks salvaged some of their recent losses as investors shrugged off inflation worries. The S&P 500 was up 1.12% to 4,446.59. The Dow Jones in...
US indices close lower on mixed global cues; NVDA, MSFT among top losers
April 09, 2022 07:08 AM AEST| By Team Kalkine MediaUS stocks closed lower on Friday, April 8, dragged down by technology, consumer-cyclicals, and industrial segments after a lacklustre session clouded by mixed signals on growth and inflation. The S&P 500 fell 0.27% to 4488.28. The Dow Jones rose...
Wall Street closes higher, yield touches 3-year high; HP, PFE rise
April 08, 2022 09:28 AM AEST| By Team Kalkine MediaWall Street’s main indices closed higher on Thursday, April 7, lifted by healthcare and energy stocks even as investors weighed Fed’s plans to shrink the balance sheet by US$95 billion a month. The S&P 500 rose 0.43% to 4500.21. The...
US indices drop after Fed minutes, yields rise; WMT, UNH gain
April 07, 2022 07:34 AM AEST| By Team Kalkine MediaBenchmark US indices closed lower for the second straight day on Wednesday, April 6, dragged down by tech and material stocks after Fed’s minutes showed details of its balance sheet runoff. The S&P 500 fell 0.97% to 4481.15. The Dow Jones...
ASX 200 tumbles at open; Polynovo rallies over 9%
April 06, 2022 12:39 PM AEST| By AayushHighlights The benchmark ASX 200 index was trading 0.98% down at 7,454.5 in the first 15 minutes of trading. Global stock markets ended lower on Tuesday, while US Treasury yields surged higher to multi-year highs. All 11 sectors were deliverin.....
ASX 200 to fall; Wall Street dips on renewed fear of faster rate hike
April 06, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is poised to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.7% lower. On Wall Street, the Dow Jones fell 0.8%, the S&P 500 dropped...
US stocks fall, weighed down by tech, energy; TWTR, AMT gain
April 06, 2022 07:08 AM AEST| By Team Kalkine MediaUS stock indexes slid on Tuesday, April 5, as investors concerns grew that the Fed may take more corrective measures to thwart inflation. However, Twitter shares continue to surge as Tesla CEO Elon Musk is set to join its board after becoming its hig...
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