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Market updates
US stocks retreat after Powell vows more rate hikes; XOM, CVX rise
March 22, 2022 08:39 AM AEDT| By Rupam RoyUS 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...
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Australian Equity Market Closes Higher
March 14, 2022 09:07 PM AEDT| By Team Kalkine MediaOn 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...
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US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 11, 2022 09:44 AM AEDT| By Versha JainBenchmark 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
March 04, 2022 09:46 AM AEDT| By Versha JainUS 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
March 02, 2022 09:24 AM AEDT| By Versha JainWall 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
March 01, 2022 09:12 AM AEDT| By Versha JainWall 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
February 26, 2022 10:55 AM AEDT| By Versha JainBenchmark 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...
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US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers
February 24, 2022 10:06 AM AEDT| By Versha JainBenchmark 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
February 19, 2022 10:43 AM AEDT| By Versha JainBenchmark 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
February 17, 2022 10:58 AM AEDT| By Versha JainBenchmark 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...
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US stocks break three-day losing streak, RESN, SPCE fly high
February 16, 2022 09:10 AM AEDT| By Versha JainBenchmark 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...
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US stocks plunge amid Ukraine fears; SU, MRNA among top losers
February 15, 2022 09:16 AM AEDT| By Versha JainBenchmark 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...
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US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers
February 12, 2022 09:43 AM AEDT| By Versha JainBenchmark 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
February 05, 2022 09:53 AM AEDT| By Team Kalkine MediaThe 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
February 04, 2022 10:00 AM AEDT| By Versha JainBenchmark 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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US stocks retreat for third straight day on inflation woes
January 21, 2022 09:31 AM AEDT| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
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US stocks edge lower as technology, financial sectors slip
January 20, 2022 08:35 AM AEDT| By Rupam RoyBenchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...
US stocks end mixed after gloomy economic data
January 15, 2022 08:00 AM AEDT| By Rupam RoyDow Jones retreated on Friday, January 14, dragged down by the decline in some heavyweight financial stocks after reporting their quarterly earnings results, while gains in the technology stocks fuelled gains in Nasdaq and S&P 500 index. Meanwhi...
US stocks retreated after jobless claims, PPI data
January 14, 2022 08:30 AM AEDT| By Versha JainBenchmark US indices fell on Thursday, January 13, over the increased jobless claims and inflation worries. The technology stocks plummeted while investors remained alert about any update on monetary policy tightening by Federal Reserve. ...
US stocks edge higher after inflation data
January 13, 2022 09:05 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, January 12, despite the consumer prices data showing that inflation is at its highest level in nearly four decades. However, the gains in the technology stocks helped the market to maintain a steady mo...
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