Market updates

Wall Street falls sharply after CPI data; DOCU, NFLX plummet
June 11, 2022 07:04 AM AEST | By Rupam RoyUS indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, trigg...

Wall St unnerved as hot inflation sparks fears of more combative Fed...
June 11, 2022 12:16 AM AEST | By ReutersU.S. stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that inflation is peaking and fanning worries about...

US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decl...
June 10, 2022 07:12 AM AEST | By Rupam RoyWall Street’s main indices closed lower on Thursday, June 9, as rising bond yields and downbeat sentiments over a possible adverse CPI data due...

Wall St slips as growth stocks struggle amid rising bond yields
June 09, 2022 11:35 PM AEST | By ReutersWall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and w...

Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fa...
June 09, 2022 07:24 AM AEST | By Rupam RoyUS stocks drifted lower on Wednesday, June 8, pulled down by technology shares as inflation, rising oil prices, and rate woes weighed on investors&rsq...

Wall Street opens lower as tech-driven rally eases
June 08, 2022 11:50 PM AEST | By ReutersHighlights: US stocks opened lower as technology and growth stocks rally eased. The Dow Jones Industrial Average fell 93.07 points. The S&P 5...

US stocks recover after Target's (TGT) margin warning; KSS, PLAY sur...
June 08, 2022 06:52 AM AEST | By Rupam RoyUS stocks bounced back to close higher on Tuesday, June 7, after starting in the red on a downbeat retail outlook following Target Corp's (TGT) margin...

Wall Street edges higher as mega-cap gains; MSFT, CHWY stocks rally
June 03, 2022 07:11 AM AEST | By Rupam RoyBenchmark US indices closed higher on Thursday, June 2, lifted by gains in mega-cap stocks after Fed Vice Chair Lael Brainard outlined the central ban...

Wall Street starts June in red after jobs data; CRM, VSCO rise
June 02, 2022 07:03 AM AEST | By Rupam RoyUS stocks closed the first trading day of June in the negative territory on Wednesday as the latest economic data provided mixed signals, which didn&r...

Wall Street retreats after Biden-Powell talks; DXCM, AUY, UL rally
June 01, 2022 07:06 AM AEST | By Rupam RoyUS stocks closed lower on Tuesday, May 31, after an extended weekend break for the Memorial Day festivities as traders turned their attention to Presi...

Wall Street ends week higher on retail boost; PDD, DELL, ULTA rally
May 28, 2022 07:10 AM AEST | By Rupam RoyUS stocks closed the week with a third straight session of gain on Friday, May 27, helped by positive retail guidance and expectations of the macroeco...

US stocks rise on retail earnings, economic data; BABA, DLTR rally
May 27, 2022 07:05 AM AEST | By Rupam RoyWall Street's main indices rose for the second straight day on Thursday, May 26, buoyed by positive retail earnings and labor data - affording a glimm...

Wall Street edges higher after Fed minutes; DKS, JWN, NVDA rally
May 26, 2022 07:40 AM AEST | By Rupam RoyUS stocks closed higher on Wednesday, May 25, after Fed's minutes from its last policy meeting showed that most members favored more aggressive intere...

Wall Street regains momentum on bank, tech stocks rally; VMW, JPM su...
May 24, 2022 07:09 AM AEST | By Rupam RoyUS stocks closed higher on Monday, May 23, lifted by gains in mega-cap technology and bank shares following eight straight weekly declines of the indi...

S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE de...
May 21, 2022 07:23 AM AEST | By Rupam RoyBenchmark US indices closed mixed on Friday, May 20, as investors were concerned about the elevated inflation, sending S&P 500 into the bear-marke...

Dow suffers worst day as Wall Street retreats; TGT, LOW stocks plung...
May 19, 2022 07:03 AM AEST | By Rupam RoyDow Jones suffered its worst single-day loss since 2020 as Wall Street’s main indices drifted lower on Wednesday, May 18, following weak quarter...

US stocks rise after strong retail sales data; Citigroup, HD, UAL su...
May 18, 2022 07:20 AM AEST | By Rupam RoyBenchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased inve...

US stocks edge higher on tech stock gains; HOOD, DUOL, OXY rally
May 14, 2022 07:29 AM AEST | By Rupam RoyWall Street's main indices rallied on Friday, May 13, ending the week on a positive note after investors shrugged off concerns about inflation and oth...

Dow, S&P close lower on mixed economic data; APP, GME, AMC rally
May 13, 2022 07:05 AM AEST | By Rupam RoyDow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge sho...

US stocks slip after CPI data; COIN, Unity decline
May 12, 2022 07:15 AM AEST | By Rupam RoyWall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears a...
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