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Market updates
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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 edge higher after job data
November 06, 2021 07:41 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed at their record highs on Friday, November 5, pulled up by investors’ optimism due to positive economic data. The US job growth rebounded in the last month after a slowdown in summer. The S&P 500 was up 0.37% to...
US stocks close mixed after employment data
November 05, 2021 01:59 PM AEDT| By Sanjeeb BaruahNasdaq and S&P 500 continued to rally on Thursday, November 4, while Dow Jones retreated from its record high on losses from the big lenders. Meanwhile, the fresh data showed that the unemployment insurance weekly claims declined to their lowest...
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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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...
