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Market updates
US stocks edge higher on earnings optimism; JNJ, IBM, AAL rally
April 20, 2022 07:37 AM AEST| By Rupam RoyBenchmark US indices closed higher on Tuesday, April 19, as better-than expected quarterly results lifted investors’ sentiments. The S&P 500 up 1.61% to 4,462.21. The Dow Jones rose 1.45% to 34,911.20. The NASDAQ Composite increased by 2.1...
US stocks retreat, yields jump; BAC, TSLA rally
April 19, 2022 06:52 AM AEST| By Rupam RoyWall Street’s main indices edged lower on Monday, April 18, after bond yields climbed to a fresh three-year high in anticipation of the Federal Reserve’s aggressive rate hike to calm inflation. The S&P 500 fell 0.02% to 4,391.69. The...
US stocks slip on mixed bank earnings; AAPL, MSFT, NVDA decline
April 15, 2022 07:02 AM AEST| By Rupam RoyWall Street’s main indices closed lower on Thursday, April 14, as rising yields and mixed bank earnings weighed on mega-cap stocks ahead of an extended weekend holiday for Good Friday. The S&P 500 was down 1.21% to 4,392.59. The Dow Jones...
Wall Street closes higher as earnings season kicks in; DAL, AAL, TSM rally
April 14, 2022 07:10 AM AEST| By Rupam RoyBenchmark US indices closed higher on Wednesday, April 13, as a new earnings season set in and growth stocks salvaged some of their recent losses as investors shrugged off inflation worries. The S&P 500 was up 1.12% to 4,446.59. The Dow Jones in...
US indices close lower on mixed global cues; NVDA, MSFT among top losers
April 09, 2022 07:08 AM AEST| By Team Kalkine MediaUS stocks closed lower on Friday, April 8, dragged down by technology, consumer-cyclicals, and industrial segments after a lacklustre session clouded by mixed signals on growth and inflation. The S&P 500 fell 0.27% to 4488.28. The Dow Jones rose...
Wall Street closes higher, yield touches 3-year high; HP, PFE rise
April 08, 2022 09:28 AM AEST| By Team Kalkine MediaWall Street’s main indices closed higher on Thursday, April 7, lifted by healthcare and energy stocks even as investors weighed Fed’s plans to shrink the balance sheet by US$95 billion a month. The S&P 500 rose 0.43% to 4500.21. The...
US indices drop after Fed minutes, yields rise; WMT, UNH gain
April 07, 2022 07:34 AM AEST| By Team Kalkine MediaBenchmark US indices closed lower for the second straight day on Wednesday, April 6, dragged down by tech and material stocks after Fed’s minutes showed details of its balance sheet runoff. The S&P 500 fell 0.97% to 4481.15. The Dow Jones...
US stocks fall, weighed down by tech, energy; TWTR, AMT gain
April 06, 2022 07:08 AM AEST| By Team Kalkine MediaUS stock indexes slid on Tuesday, April 5, as investors concerns grew that the Fed may take more corrective measures to thwart inflation. However, Twitter shares continue to surge as Tesla CEO Elon Musk is set to join its board after becoming its hig...
ASX 200 opens higher; Allkem, Ampol lead gains
April 05, 2022 10:59 AM AEST| By AayushHighlights The benchmark ASX 200 index was trading 0.16% or 12.1 points up at 7,525.8 in the first 20 minutes of opening. Elon Musk picks up 9.2% stake in social media giant Twitter. The energy sector is the top performer so far, leading with .....
Wall Street closes higher, lifted by tech stocks: TWTR, TSLA, FB rise
April 05, 2022 07:06 AM AEST| By Team Kalkine MediaWall Street’s main indices closed higher on Monday, April 4, riding on the back of technology and growth stocks and an upsurge in Twitter (TWTR) after shares Tesla chief Elon Musk revealed a 9.2% stake in the social media company. The S&P...
ASX 200 opens in green powered by mining stocks; Iluka, Liontown lead gains
April 04, 2022 11:17 AM AEST| By AayushHighlights The benchmark ASX 200 rose 0.51% to 7,531.9 in the first 15 minutes of trading. US Government bond yields continued their momentum on the upside on Friday on the back of yield inversion. Nine out of the 11 sectors were trading in th.....
Wall Street closes higher on jobs report, yields rise; PLD, AMT gain
April 02, 2022 08:41 AM AEDT| By Sanjeeb BaruahWall Street’s main indices closed higher on Friday, April 1, lifted by utility and material stocks after new economic data showed US unemployment rate fell close to the pre-pandemic level. The S&P 500 rose 0.34% to 4545.86. The Dow Jones g...
ASX 200 opens in red; Eagers Automotive, Polynovo lead losses
April 01, 2022 11:57 AM AEDT| By AayushHighlights The benchmark ASX 200 index was trading 0.35% or 26.5 points lower at 7,494.8 in the first 15 minutes of trading. Looking at the sectoral view, bears seem to have an upper hand today. US stocks also slumped to close March 2022 with .....
US stocks slip on mixed global cues; AMZN, HD fall sharply
April 01, 2022 06:29 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Thursday, March 31, dragged down by losses across stock segments as investors held back from risky bets amid supply uncertainties and higher inflation. The S&P 500 fell 1.57% to 4530.41. The Dow Jones decline...
ASX 200 edges higher at opening tick; IT stocks lead rally
March 30, 2022 12:06 PM AEDT| By AayushHighlights The benchmark ASX 200 index surged 0.51% to 7,506.2 in the first 15 minutes of opening trade. US stocks rose on Tuesday, with the frontline indices Dow Jones and S&P 500 notching up their fourth straight session of gains. Nine o.....
US stocks close higher as oil drops; AAPL, MSFT, TSM gain
March 30, 2022 09:22 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Tuesday, March 29, boosted by gains in technology, consumer cyclical, and real estate stocks after mixed signals from the economy. The S&P 500 gained 1.23% to 4631.60. The Dow Jones rose 0.97% to 35294.19. T...
US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat
March 29, 2022 08:03 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Monday, March 28, as Tesla, Inc (TSLA) sharp gains nullified losses in the financial and energy stocks. The shares of TSLA surged 8.03% in intraday trading after the EV maker said that it would request investors'...
Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans
March 26, 2022 08:02 AM AEDT| By Rupam RoyDow Jones and S&P 500 rose but stayed near the flatline, and Nasdaq closed in the red on Friday, March 25, dragged down by losses in technology stocks as investors weighed the impact from Europe’s possible energy shortages and the interest...
ASX opens in green; BlueScope Steel, JB Hi-Fi lead gains
March 25, 2022 12:09 PM AEDT| By AayushThe Australian share market opened on a higher note on Friday, supported by mining giants as rising iron ore prices boosted investors’ demand. However, some of the gains in the broader market index were offset by a drop in energy stocks, owin.....
Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge
March 25, 2022 06:51 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Thursday, March 24, boosted by gains in big technology stocks as crude oil prices dropped more, lifting investors’ sentiments on Wall Street. The S&P 500 gained 1.43% to 4520.16. The Dow Jones rose 1.0...
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