Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses

Benchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...

Canada’s TSX Composite Index rallied for the third day on Thursday, September 23, as the market continued to digest the Fed’s tapering signals and concerns over China’s property developer Evergrande eased since the debt crisis could...

Benchmark US indices reclaimed grounds on Wednesday, September 22, after a steep selloff in the previous two sessions, boosted by the Federal Reserve’s positive economic assessment. The S&P 500 was up 0.95% to 4,395.64. The Dow Jones rose ...

Canada’s TSX Composite Index recorded substantial gains on Wednesday, September 22, after a dovish stance from the U.S. Federal Reserve on tapering and interest rates hikes. Additionally, easing distress over China’s property developer Ev...

Benchmark US indices closed mixed on Tuesday, September 21, after healthcare, energy, and technology stocks led gains in intraday trading buoyed by positive income expectations. The S&P 500 fell 0.08% to 4,354.19. The Dow Jones fell 0.15% to 33,...

Highlights The Liberals pledged to hire 7,500 doctors, nurses and a minimum wage of C$ 25 per hour for health workers. Tilray and Canopy Growth, two cannabis companies, posted an intraday stock decline by 6.79 per cent and 7.47 per cent, respec...

Canada’s broader TSX Index on Tuesday, September 21, lifted post the re-election of Prime Minister Justin Trudeau as investors see it as largely a continuation of the present economy although few jitters might be witnessed due to the bankruptcy...

All benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...

The substantial bankruptcy by Chinese property developer Evergrande triggered an economic slowdown on Monday, September 20, across the globe, which is impacting the financial systems. Additionally, the upcoming Fed’s action for pumping stimulus...

US stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...