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Market updates
US stocks slip on mixed global cues; AMZN, HD fall sharply
April 01, 2022 06:29 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Thursday, March 31, dragged down by losses across stock segments as investors held back from risky bets amid supply uncertainties and higher inflation. The S&P 500 fell 1.57% to 4530.41. The Dow Jones decline...
Wall Street retreats as Ukraine bombings intensify, oil rises; SHEL, EQNR climb
March 31, 2022 09:04 AM AEDT| By Sanjeeb BaruahUS stocks erased the previous day’s gains to close lower on Wednesday, March 30, as Russia redoubled attacks in Ukraine and dispelled the claim that Turkey talks represented a turning point in the war. The S&P 500 fell 0.31% to 4617.21. Th...
US stocks close higher as oil drops; AAPL, MSFT, TSM gain
March 30, 2022 09:22 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Tuesday, March 29, boosted by gains in technology, consumer cyclical, and real estate stocks after mixed signals from the economy. The S&P 500 gained 1.23% to 4631.60. The Dow Jones rose 0.97% to 35294.19. T...
US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat
March 29, 2022 08:03 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Monday, March 28, as Tesla, Inc (TSLA) sharp gains nullified losses in the financial and energy stocks. The shares of TSLA surged 8.03% in intraday trading after the EV maker said that it would request investors'...
Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans
March 26, 2022 08:02 AM AEDT| By Rupam RoyDow Jones and S&P 500 rose but stayed near the flatline, and Nasdaq closed in the red on Friday, March 25, dragged down by losses in technology stocks as investors weighed the impact from Europe’s possible energy shortages and the interest...
Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge
March 25, 2022 06:51 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Thursday, March 24, boosted by gains in big technology stocks as crude oil prices dropped more, lifting investors’ sentiments on Wall Street. The S&P 500 gained 1.43% to 4520.16. The Dow Jones rose 1.0...
Wall Street ends in the red, oil jumps; GME, AMC surge, ADBE tumbles
March 24, 2022 08:33 AM AEDT| By Rupam RoyWall Street’s major indices closed in the red on Wednesday, March 23, as mega-cap stocks fell out of favor with risk-averse investors and benchmark crude futures jumped again. The S&P 500 fell 1.23% to 4456.24. The Dow Jones declined 1.29%...
Wall Street closes higher on positive economic outlook; TSLA, PDD soar
March 23, 2022 07:23 AM AEDT| By Rupam RoyWall Street’s main indexes closed higher on Tuesday, March 22, as technology, financials, and consumer discretionary segments saw a strong rebound amid upbeat quarterly results. The S&P 500 rose 1.13% to 4511.61. The Dow Jones gained 0.74%...
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...
US stocks close in red on inflation woes; DOCU, DIDI nosedive
March 12, 2022 10:01 AM AEDT| By Versha JainBenchmark US indices closed the week lower on Friday, March 11, dragged down by technology and consumer discretionary stocks amid Ukraine-linked volatility and inflation concerns. The S&P 500 fell 1.30% to 4,204.31. The Dow Jones decline...
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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...
Wall Street surges back as oil drops; AAPL, MSFT, NVDA rise
March 10, 2022 09:06 AM AEDT| By Rupam RoyDow Jones, S&P 500, and tech-heavy Nasdaq Composite rebounded strongly from their recent losses on Wednesday, March 9, as oil prices plummeted over 11%, prompting investors to pull back from haven assets. Oil pulled back sharply after reports th...
US indices wobble on Russian oil ban; ENPH, SPWR stocks rally
March 09, 2022 09:49 AM AEDT| By Versha JainUS stocks closed lower on Tuesday, March 8, after the US banned Russian oil imports, causing a price surge, and investors trimmed bond holdings, fearing more turmoil in the market. The S&P 500 declined 0.72% to 4,170.70. The Dow Jones fell 0.56%...
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Dow, NASDAQ fall sharply, oil tops US$130 a barrel; IMPP, CEI surge
March 08, 2022 09:50 AM AEDT| By Versha JainWall Street’s main indexes fell sharply on Monday, March 7, after oil prices surged to a new record as Russian forces continued attacks on Ukraine, stoking fears of a global recession. The S&P 500 fell 2.95% to 4,201.09. The Dow Jones decl...
US stocks close week in red as Ukraine crisis mounts, OXY, CEI rise
March 05, 2022 10:26 AM AEDT| By Versha JainBenchmark US indices closed the week in red on Friday, March 4, as Russian forces intensified shelling in Ukraine and seized a major nuclear plant, deepening humanitarian concerns. The S&P 500 fell 0.79% to 4,328.87. The Dow Jones declined 0.53%...
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...
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US stocks rebound on Fed’s hints at rate hike; JWN, HPE, XOM soar
March 03, 2022 10:15 AM AEDT| By Versha JainUS stocks rebounded strongly to close higher on Wednesday, March 2, after the Ukraine-fuelled selloffs the day before as the Fed hinted at a 25-basis point hike in interest rates this month. The clarity over Fed’s rate hike boosted investors&r...
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...
