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Market updates
US stocks edge lower as tech stock slips
January 11, 2022 08:10 AM AEDT| By Rupam RoyBenchmark US indices drifted on Monday, January 10, on concerns over sooner than anticipated interest rate hikes, that have pushed the US treasury yields higher. The US treasury yields hit the highest level in two years on Monday. The S&P 500 wa...
US stocks drift to a mixed close amid Omicron, rate concerns
January 07, 2022 10:27 AM AEDT| By Versha JainBenchmark US indices closed missed on Thursday, January 6, after a choppy trading session amid concerns over rising cases of Omicron and Fed’s earlier-than-expected rate hike. The S&P 500 declined 0.10% to 4,696.05. The Dow Jones decreased...
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US stocks slip after Fed’s minutes
January 06, 2022 09:07 AM AEDT| By Versha JainBenchmark US indices closed in the red on Wednesday, January 5, after minutes of Fed’s December meeting revealed unease among economists over the current high inflation. The S&P 500 fell 1.94% to 4,700.58. The Dow Jones declined 1.07% to 3...
US indices close mixed, dragged down by technology, healthcare stocks
January 05, 2022 09:05 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, January 3, weighed down by technology, healthcare, and consumer discretionary segments after a solid start to the first trading week of 2022. The S&P 500 declined 0.06% to 4,793.54. The Dow Jones ros...
US markets close higher as Apple Inc briefly crosses US$3-trillion mark
January 04, 2022 09:58 AM AEDT| By Versha JainBenchmark US indices closed higher on the first trading day of the new year on Monday, January 3, lifted by energy and consumer discretionary stocks. The S&P 500 rose 0.64% to 4,796.56. The Dow Jones gained 0.68% to 36,585.06. The NASDAQ Composi...
US stocks close mixed after choppy session
December 30, 2021 08:57 AM AEDT| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
US markets close mixed, dragged down by tech, healthcare stocks
December 29, 2021 08:21 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, December 28, dragged down by technology and healthcare stocks amid rising oil prices. The S&P 500 fell 0.10% to 4,786.35. The Dow Jones rose 0.26% to 36,398.21. The NASDAQ Composite fell 0.56% to 15,...
US stocks rally ahead of holidays, consumer spending up
December 24, 2021 09:33 AM AEDT| By Versha JainBenchmark US indices closed in the green on Thursday, Dec 23, lifted by basic materials and industrial stocks amid a buoyant trading session as Christmas and New Year holidays approach. The S&P 500 climbed 0.62% to 4,725.79. The Dow Jones rose 0...
US stocks edge higher as Omicron fears fizzle
December 23, 2021 08:55 AM AEDT| By Rupam RoyUS stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...
US stocks edge lower on interest rate worries
December 18, 2021 07:29 AM AEDT| By Rupam RoyBenchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...
US stocks close lower led by tech and consumer stocks
December 17, 2021 08:25 AM AEDT| By Versha JainBenchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...
US stocks rally after Fed's tapering decision
December 16, 2021 08:30 AM AEDT| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 15, 2021 08:09 AM AEDT| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
US stocks retreat ahead of Fed meeting
December 14, 2021 08:27 AM AEDT| By Rupam RoyBenchmark US indices drifted on Monday, December 13, as investors stayed away from the risky bets ahead of the Fed's two-day policy meeting starting Tuesday, December 14. In addition, worries over the Omicron coronavirus variant have also raised inve...
US stocks close week flat after inflation report
December 11, 2021 08:09 AM AEDT| By Versha JainBenchmark US indices wrapped up the last day of the trading week flat on Friday, December 10, after the latest economic data showed inflation rose to a nearly 40-year high. The S&P 500 climbed 0.96% to 4,712.05. The Dow Jones increased 0.61% to...
US stocks slip after Omicron restrictions, jobs data
December 10, 2021 08:38 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Thursday, December 9, after countries enforced new travel restrictions on Omicron concerns and jobless benefits claims fell to a record low last week. The S&P 500 slipped 0.72% to 4,667.45. The Dow Jo...
US stocks close in green for second day straight
December 09, 2021 09:08 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, December 8, after the latest economic data showed job openings increased in October, but labor shortage continued. The S&P 500 was up 0.31% to 4,701.20. The Dow Jones rose 0.10% to 35,754.75. The...
US markets close higher, turbocharged by tech, energy stocks
December 08, 2021 08:57 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, December 7, lifted by technology, energy, and consumer discretionary stocks in a turbocharged trading session. The S&P 500 was up 2.07% to 4,686.75. The Dow Jones rose 1.40% to 35,719.43. The NASDAQ...
US markets rise, lifted by energy, industrial stocks
December 07, 2021 09:20 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...
US stocks retreat after mixed jobs data
December 04, 2021 12:21 PM AEDT| By Versha JainBenchmark US indices closed lower on Friday, December 3, capping a topsy-turvy trading week marred by concerns over higher inflation and the Omicron threat overseas. The S&P 500 slipped 0.84% to 4,538.43. The Dow Jones fell 0.17% to 34,580.08. T...
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