Market updates

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 stocks slip as covid fears rise
November 20, 2021 07:31 AM AEDT| By Versha JainBenchmark US indices closed mixed on Friday, November 19, as fresh covid fears gripped the country, dragging down the energy, financial, and real estate stocks in intraday trading. The S&P 500 was down 0.14% to 4,697.96. The Dow Jones fell 0.75%...

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...

US stocks close higher on upbeat retail sales data
November 17, 2021 09:00 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, Nov 16, after the latest economic data showed retail sales rose to their highest level since March this year. The S&P 500 rose 0.39% to 4,700.90. The Dow Jones was up 0.15% to 36,142.22. The NASDAQ...
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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...

US stocks close in red as tech, financials slump after labor data
November 10, 2021 09:09 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed in the red on Tuesday, Nov 9, after strong rallies in recent days, dragged down by new economic data that confirmed inflation remained worryingly high. The S&P 500 was down 0.35% to 4,685.25. The Dow Jones fell 0.31%...
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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...