Market updates


 US stocks gallop ahead after deals, product launches lift sentiments

US stocks gallop ahead after deals, product launches lift sentiments

September 16, 2021 08:14 AM AEST | By Sanjeeb Baruah

All benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top...

 US stocks drift after inflation data

US stocks drift after inflation data

September 15, 2021 08:10 AM AEST | By Sanjeeb Baruah

Benchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the...

 US stocks close mixed as lawmakers mull tax hike

US stocks close mixed as lawmakers mull tax hike

September 14, 2021 08:09 AM AEST | By Sanjeeb Baruah

Benchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spen...

 US stocks edge lower on inflation data

US stocks edge lower on inflation data

September 11, 2021 11:13 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose...

 US stocks retreat after jobless claims data

US stocks retreat after jobless claims data

September 10, 2021 08:10 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the l...

 US markets close in red as delta variant spells trouble

US markets close in red as delta variant spells trouble

September 09, 2021 08:04 AM AEST | By Sanjeeb Baruah

Benchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks....

 US stocks drift on slow pace of economic recovery

US stocks drift on slow pace of economic recovery

September 08, 2021 08:00 AM AEST | By Sanjeeb Baruah

S&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up af...

 US stocks end mixed on weak jobs data

US stocks end mixed on weak jobs data

September 04, 2021 07:13 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy...

 Energy stocks lift US indices higher after OPEC OKs production hike

Energy stocks lift US indices higher after OPEC OKs production hike

September 03, 2021 08:06 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with...

 US stocks slip on consumer confidence data

US stocks slip on consumer confidence data

September 01, 2021 08:08 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed lower on Tuesday, August 31, after blue-chip technology stocks retreated amid coronavirus fears and new economic data show...

 S&P 500, Nasdaq extend gains on tech boost

S&P 500, Nasdaq extend gains on tech boost

August 31, 2021 07:58 AM AEST | By Sanjeeb Baruah

Blue-chip S&P 500 and tech-heavy Nasdaq Composite continued their gains on Monday, August 30, from the previous week’s record closes after t...

 S&P 500, Nasdaq close at record highs after Powell's dovish remark

S&P 500, Nasdaq close at record highs after Powell's dovish remark

August 28, 2021 07:19 AM AEST | By Sanjeeb Baruah

The S&P 500 and tech-heavy Nasdaq closed the trading week at all-time highs on Friday, August 27, after Federal Reserve Chairman Jerome Powell cau...

 US stocks drift on Fed's taper concerns, mixed economic data

US stocks drift on Fed's taper concerns, mixed economic data

August 27, 2021 07:45 AM AEST | By Sanjeeb Baruah

The benchmark US stock indices slipped on Thursday, August 26, after mixed economic data and concerns over Fed's likely tightening of its asset-buying...

 US markets extend gains as tech, financial stocks rise

US markets extend gains as tech, financial stocks rise

August 26, 2021 07:54 AM AEST | By Sanjeeb Baruah

All major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 an...

 US stocks rise on vaccine hopes, positive economic outlook

US stocks rise on vaccine hopes, positive economic outlook

August 25, 2021 08:01 AM AEST | By Sanjeeb Baruah

Benchmark S&P 500 and NASDAQ composite closed at record highs for the second consecutive day on Tuesday, August 24, after significant gains in con...

 S&P 500, Nasdaq hit record highs after tech, energy stocks rally

S&P 500, Nasdaq hit record highs after tech, energy stocks rally

August 24, 2021 07:43 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed at record highs on Monday, August 23, pulled up by gains in technology and energy segments as investors turned their focus...

 US indices close higher as tech, consumer stocks rally

US indices close higher as tech, consumer stocks rally

August 21, 2021 07:06 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed higher on Friday, August 20, propelled by gains in technology stocks after investors ignored concerns of delta infections...

 US stocks slip on retail data

US stocks slip on retail data

August 18, 2021 07:51 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&am...

 US stocks trade flat on gloomy Chinese economic data

US stocks trade flat on gloomy Chinese economic data

August 17, 2021 07:59 AM AEST | By Sanjeeb Baruah

Benchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July wa...

 Dow, S&P 500 see record close on positive economic outlook

Dow, S&P 500 see record close on positive economic outlook

August 14, 2021 10:44 AM AEST | By Sanjeeb Baruah

The Dow Jones Industrial Average and the S&P 500 closed the week at record highs on Friday, August 13, after better-than-expected quarterly result...

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