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Market updates
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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...
US stocks rebound after Russia sanctions; MRNA, PANW, FB surge
February 25, 2022 09:36 AM AEDT| By Versha JainWall Street’s main indexes rebounded strongly on Thursday, February 24, after a three-day slide amid a flurry of diplomatic talks to stop a full-scale Russian offensive in Ukraine. The S&P 500 surged 1.50% to 4,288.70. The Dow Jones rose 0...
Is Russia-Ukraine crisis a reality-check for different asset classes?
February 25, 2022 08:52 AM AEDT| By Versha JainHighlights Analysts say oil prices may average US$110 in the second quarter of 2022. The global crypto market cap fell sharply on Thursday morning. Gold prices rose to over US$1900, the highest jump since September 2020. The Russia-Ukra.....
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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 indices tumble; TSLA, HD fall sharply as Ukraine invasion looms
February 23, 2022 10:33 AM AEDT| By Versha JainUS indices edged lower on Tuesday, February 22, dragged down by energy and materials stocks after Russian troops advanced into Ukraine’s two breakaway regions, deepening the crisis. The S&P 500 declined 1.01% to 4,304.76. The Dow Jones fel...
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...
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US stocks retreat on Ukraine tension; PLTR, AAPL among top losers
February 18, 2022 09:27 AM AEDT| By Versha JainBenchmark US indices fell sharply on Thursday, February 17, on Ukraine tension after Western officials warned that the Russian military build-up on the border continued. The S&P 500 fell 2.12% to 4,380.26. The Dow Jones declined 1.78% to 34,312...
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...
US stocks plunge after CPI data; AAPL, MSFT, NVDA among top losers
February 11, 2022 10:25 AM AEDT| By Versha JainBenchmark US indices fell sharply on Thursday, February 10, after the latest economic data showed inflation rose to 7.5% in January and bond yields rose over 2% in intraday trading. The S&P 500 fell 1.81% to 4,504.08. The Dow Jones fell 1.47% to...
US stocks edge higher after tech, consumer sectors rise
February 10, 2022 10:41 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, February 9, after technology and consumer discretionary segments saw robust gains in intraday trading as Treasury bond yields declined. The S&P 500 was up 1.45% to 4,587.18. The Dow Jones rose 0.8...
US indices close higher, lifted by consumer, basic materials stocks
February 09, 2022 10:02 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, February 8, as investors rode on the upbeat earnings over the past week, pushing back the interest rate concerns. The S&P 500 rose 0.84% to 4,521.54. The Dow Jones surged 1.06% to 35,462.78. The NAS...
