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Market updates
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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...
US stocks close mixed after volatile session
February 08, 2022 09:34 AM AEDT| By Versha JainBenchmark US indices closed the session mixed on Monday, February 7, 2022, after technology and communication stocks retreated in a volatile session despite recent upbeat earnings. The S&P 500 fell 0.37% to 4,483.87. The Dow Jones was flat at 35...
S&P, Nasdaq rise after Amazon.com Inc (AMZN) earnings, jobs report
February 05, 2022 09:53 AM AEDT| By Team Kalkine MediaThe S&P 500 index and Nasdaq Composite closed in the green, while Dow Jones marginally declined on Friday, February 4, after Amazon’s strong earnings and positive jobs report. The S&P 500 rose 0.52% to 4,500.53. The Dow Jones fel...
US stocks close in red after Meta (FB) rout, Zuckerberg loses US$29 bn
February 04, 2022 10:00 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, February 3, after Mark Zuckerberg-led Meta Platforms, Inc lost roughly US$200 billion in market value in a massive stock rout. Shares of other tech companies, such as Amazon.com, Google, and Spotif...
US stocks close higher after strong Alphabet (GOOGL) earnings
February 03, 2022 10:23 AM AEDT| By Versha JainBenchmark US indices closed higher on Wednesday, February 2, after tech giant Alphabet Inc’s strong quarterly earnings the day before, lifted by the robust internet ad sales. The S&P 500 rose 0.94% to 4,589.38. The Dow Jones gained 0.63% t...
US stocks edge higher on strong quarterly earnings
February 02, 2022 09:10 AM AEDT| By Versha JainBenchmark US indices closed in the green for the second consecutive day on Tuesday, February 1, after strong quarterly earnings and upbeat labor data lifted sentiment. The S&P 500 rose 0.69% to 4,546.54. The Dow Jones gained 0.78% to 35,405.24....
US stocks rise, capping the month on positive note
February 01, 2022 09:12 AM AEDT| By Team Kalkine MediaBenchmark US indices closed higher on Monday, January 31, after a shaky start to the session as technology, consumer discretionary, and communication services sectors led gains. The S&P 500 rose 1.89% to 4,515.52. The Dow Jones gained 1.17% to 3...
US stocks close strong after Apple results
January 29, 2022 09:54 AM AEDT| By Versha JainBenchmark US indices closed higher on Friday, January 28, after Apple Inc and Visa Inc posted strong quarterly results the day before. The S&P 500 rose 2.43% to 4,431.85. The Dow Jones gained 1.65% to 34,725.47. The NASDAQ Composite was up 3.13%...
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US stocks fall after GDP data
January 28, 2022 09:31 AM AEDT| By Versha JainBenchmark US indices closed lower on Thursday, January 27, after the latest economic data showed GDP grew by 6.9% in the fourth quarter of 2021, the fastest growth rate in decades. The trading session remained volatile marked by investors’ anx...
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US stocks close lower after volatile session
January 26, 2022 09:18 AM AEDT| By Team Kalkine MediaBenchmark US indices closed in the red on Tuesday, January 25, amid a volatile session and as the Federal Reserve began its two-day monthly monetary policy meeting. The S&P 500 fell 1.22% to 4,356.45. The Dow Jones decreased 0.19% to 34,297.73....
US stocks close higher ahead of Fed meeting
January 25, 2022 08:39 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, January 24, as investors appeared more confident about the economy ahead of the Fed’s two-day monthly meeting starting tomorrow. The S&P 500 surged 0.28% to 4,410.13. The Dow Jones increased 0...
US indices tumble as stocks retreat again
January 22, 2022 08:15 AM AEDT| By Versha JainBenchmark US indices nosedived on Friday, January 21, 2022, as they saw broad losses across all stock segments amid Omicron and interest rate increase concerns. The S&P 500 was down 1.90% to 4,397.73. The Dow Jones fell 1.30% to 34,265.50. The N...
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US stocks retreat for third straight day on inflation woes
January 21, 2022 09:31 AM AEDT| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
