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Market updates
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S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 26, 2021 08:43 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...
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US stocks close mixed on Powell's hawkish remark
October 23, 2021 11:09 AM AEDT| By Sanjeeb BaruahDow Jones closed higher, while S&P 500 and Nasdaq drifted on Friday, October 22, after Fed Chair, Jerome Powell's tapering remarks weighed on investors' sentiment. However, the optimism over the robust earnings has pushed the indices towards thei...
S&P 500 closes at all-time high as tech shines, inflation jitters fade
October 22, 2021 09:22 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index closed at an all-time high on Thursday, October 21, helped by gains in technology stocks, while Nasdaq concluded the session in the green, Dow Jones slipped. The S&P 500 was up 0.30% to 4,549.78. The Dow Jones fell 0.02% to...
US indices close flat as healthcare, utility stocks gain
October 21, 2021 09:25 AM AEDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed higher on Wednesday, October 20, pulled up by gains in healthcare stocks, while Nasdaq stayed near flat as investors turned their focus away from technology shares. The S&P 500 was up 0.37% to 4,536.19. The Dow J...
Wall Street closes higher as strong earnings lift risk appetite
October 20, 2021 08:46 AM AEDT| By Sanjeeb BaruahBenchmark US indices edged higher on Tuesday, October 19, as strong quarterly earnings of companies for the third consecutive session lifted investors’ risk appetite. The S&P 500 was up 0.74% to 4,519.63. The Dow Jones rose 0.56% to 35,457...
S&P 500, Nasdaq rise on tech gains, Dow slips
October 19, 2021 09:27 AM AEDT| By Sanjeeb BaruahThe S&P 500 and tech-savvy Nasdaq closed higher on Monday, October 18, bolstered by gains in technology stocks and upbeat corporate earnings. The S&P 500 was up 0.34% to 4,486.46. The Dow Jones fell 0.10% to 35,258.61. The NASDAQ Composite r...
Wall Street ends higher as financials, consumer stocks lead gains
October 16, 2021 08:25 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Friday, October 15, buoyed by robust quarterly results of financial majors Goldman Sachs and Charles Schwab and others. The S&P 500 rose 0.75% to 4471.37. The Dow Jones rose 1....
US stocks close higher on strong earnings reports
October 15, 2021 09:04 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 14, boosted by strong quarterly results of major banks and upbeat economic data that helped alleviate investors’ concerns. The S&P 500 was up 1.71% to 4438.26. The Dow Jones rose 1.56...
US stocks close flat after inflation data
October 14, 2021 08:58 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed flat on Wednesday, October 13, after government data showed inflation rose in September, increasing the possibility of stimulus tapering sooner than expected. The S&P 500 was up 0.30% to 4,363.80. The Dow Jones stayed...
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US stocks close in red amid inflation concerns
October 13, 2021 09:20 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, October 12, dragged down by bluechip technology and healthcare stocks as investors trudged cautiously amid inflation concerns. The S&P 500 fell 0.24% to 4,350.65. The Dow Jones fell 0.34% to 34...
US stocks drift on skyrocketing oil prices, inflation worries
October 12, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Monday, October 11, dragged down by losses in utility, healthcare, and technology stocks amid rising global oil prices that renewed inflation concerns. The S&P 500 was down 0.69% to 4,361.19. The Dow Jones fe...
US markets close week flat on weak jobs data, inflation
October 09, 2021 08:02 AM AEDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
US stocks rally on Senate debt-ceiling extension deal
October 08, 2021 09:00 AM AEDT| By Sanjeeb BaruahUS stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...
US stocks edge higher after weak start in early trade
October 07, 2021 08:50 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, October 6, as stocks recovered following a weak start to the trading day and bullish sentiments rose after lawmakers sealed a debt-ceiling deal. The S&P 500 was up 0.41% to 4,363.55. The Dow Jones...
US stocks edge higher as big tech firms reap gains
October 06, 2021 08:54 AM AEDT| By Sanjeeb BaruahBenchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...
US markets retreat as technology stocks dip
October 05, 2021 08:37 AM AEDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
US markets close higher as tech, energy stocks gain
October 02, 2021 07:02 AM AEST| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
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US stocks close in red on gloomy economic outlook
October 01, 2021 07:45 AM AEST| By Sanjeeb BaruahUS stocks closed the session in red on Thursday, September 30, as the Delta virus threat painted a gloomy picture for the economy, and investors stayed away from risky bets. The S&P 500 fell 1.19% to 4,307.54. The Dow Jones fell 1.59% to 33,843....
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US stocks wrap up day mixed as defensive sectors gain
September 30, 2021 07:11 AM AEST| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, September 29, after consumer staple and utility stocks posted strong gains amid fears of a slowdown in economic recovery. The S&P 500 was up 0.16% to 4,359.46. The Dow Jones rose 0.26% to 34,390.72...
US indices close in red as tech, consumer stocks slump
September 29, 2021 07:42 AM AEST| By Sanjeeb BaruahBenchmark US indices closed in red on Tuesday, September 28, after broad losses across stock segments and investors weighed weak consumer confidence data, raising concerns about an economic slowdown. The S&P 500 was down 2.04% to 4,352.63. The D...
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