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Market updates
US stocks rise, lifted by financial, energy stocks
December 03, 2021 08:33 AM AEDT| By Versha JainBenchmark US indices closed higher on Thursday, December 2, as stocks across all sectors, including financial, energy, healthcare, and technology, moved higher after Omicron concerns waned. The S&P 500 rose 1.42% to 4,577.10. The Dow Jones surge...
US indices close lower, weighed down by tech, financial stocks
December 02, 2021 08:32 AM AEDT| By Versha JainAll key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....
US stocks retreat on Omicron, inflation fears
December 01, 2021 08:30 AM AEDT| By Versha JainUS stocks slid on Tuesday, November 30, recording one of their worst performances in recent days as concerns over the new Covid-19 variant Omicron weighed on investors’ minds. The S&P 500 was down 1.90% to 4,567.00. The Dow Jones declined...
US stocks close higher as oil prices surge, Omicron worries ebb
November 30, 2021 08:31 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, November 29, after the major stock segments saw gains amid soaring oil prices and fading concerns around the Omicron variant of Covid-19. The S&P 500 climbed 1.32% to 4,655.12. The Dow Jones was up 0...
US markets slip on new covid variant fears
November 27, 2021 08:28 AM AEDT| By Versha JainBenchmark US indices wrapped up the week on a gloomy note Friday, November 26, after concerns over a new covid variant in South Africa triggered bearish sentiments. The S&P 500 fell 2.27% to 4,594.62. The Dow Jones fell 2.53% to 34,899.34. The N...
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US stocks close flat after upbeat labor data
November 25, 2021 09:10 AM AEDT| By Rupam RoyBenchmark US indices closed flat on Wednesday, November 24, after the weekly jobless claims fell to a 52-year low and Fed minutes showed inflation to persist longer than previously thought. The S&P 500 was up 0.23% to 4,701.46. The Dow Jones fel...
US markets close mixed as tech stocks take a hit, bond yields rise
November 24, 2021 09:29 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, November 23, as technology stocks declined, and bond yields rose a day after Biden re-nominated Gerome Powell as Fed chair. The S&P 500 climbed 0.17% to 4,690.70. The Dow Jones was up 0.55% to 35,813...
US markets close mixed after jobs data
November 19, 2021 09:45 AM AEDT| By Versha JainBenchmark US stock indices closed mixed on Thursday, November 19, after the latest government data showed jobless claims and layoffs declined last week, showing signs of an economic recovery. The S&P 500 increased 0.34% to 4,704.54. The Dow Jone...
US stocks retreat after lacklustre session
November 18, 2021 09:00 AM AEDT| By Versha JainThe benchmark US indices closed in the red on Wednesday, November 17, after most stock segments declined in a lacklustre session. The S&P 500 declined 0.26% to 4,688.67. The Dow Jones fell 0.58% to 35,931.05. The NASDAQ Composite was down...
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US stocks close flat ahead of big retail earnings
November 16, 2021 08:54 AM AEDT| By Versha JainBenchmark US indices closed flat on Monday, Nov 15, ahead of big retail earnings this week and a positive global economic outlook increasing the bullish influence on the market. The S&P 500 closed flat at 4,682.80. The Dow Jones fell 0.04% to 36...
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US stocks close week higher as rate fears ease
November 13, 2021 11:59 AM AEDT| By Versha JainBenchmark US indices closed the week on a positive note on Friday, Nov 12, lifted by technology and basic materials stocks after the Federal Reserve said it will keep the interest rates low for now. The S&P 500 was up 0.72% to 4,642.85. The Dow...
US stocks slip as inflation rises to 30-year high
November 11, 2021 09:21 AM AEDT| By Versha JainBenchmark US indices closed in the red on Wednesday, Nov 10, after the latest economic data showed inflation rose at an annualized rate of 6.2% last month, the highest increase in 30 years. The S&P 500 was down 0.82% to 4,646.71. The...
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US stocks close higher as tech, material stocks gain
November 09, 2021 08:49 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, Nov 8, lifted by gains in basic material and tech stocks and an upbeat economic outlook after lawmakers passed a US$1 trillion infrastructure bill. The S&P 500 was up 0.09% to 4,701.70. The Dow Jones...
US stocks close higher after Fed's taper remarks
November 04, 2021 09:01 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, November 3, after the Fed said it would start tapering its covid-era asset-buying program this month. The S&P 500 was up 0.65% to 4,660.57. The Dow Jones rose 0.29% to 36,157.58. The NASDAQ Compos...
Wall Street closes at record high as earnings lift mood
November 03, 2021 09:15 AM AEDT| By Sanjeeb BaruahBenchmark US indices continued their rally on Tuesday, November 2, bolstered by gains across stock segments as strong quarterly earnings of companies lifted the market sentiments. The S&P 500 was up 0.37% to 4,630.65. The Dow Jones rose 0.39% to...
US indices gain on upbeat quarterly earnings, economic outlook
November 02, 2021 08:53 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the first day of the month on Monday, Nov 1, with a buoyant note as stocks saw gains across all industry groups on upbeat quarterly earnings and economic outlook. The S&P 500 was up 0.18% to 4,613.67. The Dow Jones ro...
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US indices close flat, weighed down by tech stocks
October 30, 2021 08:00 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the week flat on Friday, October 29, weighed down by losses in technology stocks as inflation concerns rose after the latest government economic data. The S&P 500 was up 0.19% to 4,605.38. The Dow Jones fell 0.25% to...
US stocks rally after economic data
October 29, 2021 08:33 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 28, after the latest economic data showed jobless benefits claims dropped to the lowest level since March last year. The S&P 500 rose 0.98% to 4,596.42. The Dow Jones was up 0.68% to 35,730...
US stocks close mixed as investors track earnings data
October 28, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, October 27, as investors delved into companies' quarterly earnings and sought to catch up with their latest developments. The S&P 500 was down 0.51% to 4,551.68. The Dow Jones fell 0.74% to 35,490....
US markets scale fresh highs on upbeat earnings, housing data
October 27, 2021 08:32 AM AEDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...
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