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Market updates
Wall Street advances, led by healthcare, consumer stocks; KSS, MU fall
July 02, 2022 07:22 AM AEST| By Rupam RoyThe US stocks started on a positive note in the third quarter, with growth stocks rallying the most.
Wall Street ends worst first half in decades; WBA, STZ decline
July 01, 2022 08:24 AM AEST| By Rupam RoyThe US stocks ended the first half on a negative note, with the Wall Street indices notching their highest first-half percentage declines in decades.
US indices close mixed after Powell's comment; BBBY, CCL decline
June 30, 2022 07:17 AM AEST| By Rupam RoyThe US stocks end mixed after Jerome Powell reiterated that the US economy is strong enough to tackle the interest rate hikes.
Wall Street extends losses on mixed economic data; QCOM, OXY rise
June 29, 2022 06:53 AM AEST| By Rupam RoyUS stocks edged lower for the second straight day as investors anticipate that the economic growth may slow down in the second half of the year.
US stocks retreat as rate worries haunt again; COIN, SAVE decline
June 28, 2022 07:17 AM AEST| By Rupam RoyUS stocks edged lower on Monday as concerns over the red-hot inflation and tightening monetary stimulus by the Federal Reserve dampened the market market sentiment.
Wall Street notches first weekly gain since May; MSFT, NVDA soar
June 25, 2022 09:04 AM AEST| By Mridul GogoiUS indices snap three consecutive weekly declines to close higher on Friday.
US stocks advance after energy, tech-led gains; NEE, AAPL rise
June 24, 2022 08:02 AM AEST| By Mridul GogoiUS stocks gained on Thursday after a steep decline the day before.
Wall Street recoils after Powell hints at recession; AAPL, MSFT fall
June 23, 2022 08:32 AM AEST| By Mridul GogoiMajor US indexes edged lower on Wednesday, June 22, after Fed Chair Jerome Powell told a Congressional panel that as a soft landing is difficult, a recession is possible, throwing investors on the mat.,The S&P 500 fell 0.13%, to 3759.89. The Dow Jone...
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Wall Street rebounds after worst week; SAVE, XOM, AAPL rally
June 22, 2022 08:01 AM AEST| By Mridul GogoiUS indices ended higher on Tuesday after a worst week in two years.
US stocks end mixed after tech rally; SGEN, MRNA surge
June 18, 2022 07:09 AM AEST| By Rupam RoyBenchmark US indices closed the week mixed on Friday, June 17, as mega-cap growth stocks rallied, shaking off the negative sentiments about inflation and declining economic growth. The S&P 500 was up 0.22% to 3,674.84. The Dow Jones lost 0.13% t...
US stocks edge lower on recession fears; TSLA, KR, JBL decline
June 17, 2022 06:46 AM AEST| By Rupam RoyBenchmark US indices fell sharply on Thursday, June 16, pulled down by mega-cap tech stocks as investors’ concerns grew over a possible recession a day after Fed’s rate hike. The S&P 500 was down 3.25% to 3,666.77. The Dow Jones lost...
Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar
June 16, 2022 06:56 AM AEST| By Rupam RoyWall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 15, 2022 06:55 AM AEST| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
S&P in bear market as stocks resume losses; COIN, RIOT fall sharply
June 14, 2022 06:56 AM AEST| By Rupam RoyUS stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...
Wall Street falls sharply after CPI data; DOCU, NFLX plummet
June 11, 2022 07:04 AM AEST| By Rupam RoyUS indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, triggering a panic selloff in growth stocks. The S&P 500 fell 2.91% to 3,900.86. The Dow Jones decre...
US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decline
June 10, 2022 07:12 AM AEST| By Rupam RoyWall Street’s main indices closed lower on Thursday, June 9, as rising bond yields and downbeat sentiments over a possible adverse CPI data due this week weighed on the mega-cap growth stocks. The S&P 500 fell 2.38% to 4,017.82. The Dow Jo...
Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall
June 09, 2022 07:24 AM AEST| By Rupam RoyUS stocks drifted lower on Wednesday, June 8, pulled down by technology shares as inflation, rising oil prices, and rate woes weighed on investors’ sentiment ahead of May CPI data. The S&P 500 fell 1.08% to 4,115.77. The Dow Jones was down...
US stocks recover after Target's (TGT) margin warning; KSS, PLAY surge
June 08, 2022 06:52 AM AEST| By Rupam RoyUS stocks bounced back to close higher on Tuesday, June 7, after starting in the red on a downbeat retail outlook following Target Corp's (TGT) margin warning for the second quarter. The S&P 500 rose 0.95% to 4,160.68. The Dow Jones was up 0.80%...
Wall Street stocks gained on Monday; AMZN, DIDI, BABA surged, TWTR fell
June 07, 2022 08:08 AM AEST| By Mridul GogoiThe S&P 500 surged 0.31% to 4,121.35. The Dow Jones jumped 0.05% to 32,915.78. The NASDAQ Composite gained 0.40% to 12,061.37, and the small-cap Russell 2000 climbed 0.36% to 1,889.89. US stocks gained slightly on Monday amid a lingering fear ov...
Wall Street stocks retreat after jobs data; TSLA, MU plummet
June 04, 2022 08:33 AM AEST| By Rupam RoyUS stocks fell sharply on Friday, June 3, from their previous highs, rounding off a volatile week as investors weighed the Fed’s rate hike plans against looming recessionary risks. The S&P 500 fell 1.63% to 4,108.54. The Dow Jones shed 1.0...
