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Market updates
US stocks retreat after Powell's speech; TLSA, UAL, AT&T rally
April 22, 2022 07:05 AM AEST| By Rupam RoyUS stock drifted lower on Thursday, April 21, after Fed Chair Jerome Powell signaled more rate hikes to come as early as next month to curb the high inflation in the US economy. The S&P 500 was down 1.48% to 4,393.66. The Dow Jones fell 1.05% to...
US stocks close mixed after weak Netflix results; IBM, PG stocks rally
April 21, 2022 07:04 AM AEST| By Rupam RoyWall Street closed mixed on Wednesday, April 20, after growth stocks took a beating following Netflix's disappointing quarterly results the day before. The S&P 500 was down 0.06% to 4,459.45. The Dow Jones rose 0.71% to 35,160.79. The NASDAQ Com...
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...
UK stock market turns cautious on talks of increase in sanctions on Russia
April 06, 2022 02:05 AM AEST| By Rishika RainaUK Market: The UK stock market was showing a volatile trade on Tuesday, with the blue-chip FTSE100 index turning flat in the last leg of the trade. The market participants showed some restraint on talks of the potential increase in sanctions on Russi...
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...
FTSE 100 moves higher, housebuilding stocks gain
April 05, 2022 01:10 AM AEST| By Sreenivas D AjankarUK Market: The UK stock market made a positive start to the new week, with the blue-chip FTSE100 index up by 0.12% on Monday. Most of the housebuilding stocks like Barratt Developments Plc (3.05%), Berkeley Group Holdings (3.09%), Persimmon Plc (2.84...
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...
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UK stock market rebounds, FTSE 100 up by 0.23%
April 02, 2022 02:09 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stocks made a comeback on Friday after declining in the previous session. The blue-chip FTSE100 index traded in the positive territory with around a quarter percent gain. Stocks like Reckitt Benckiser Group Plc (3.50%), Next Pl...
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...
UK stock market turns lower, overlooks Q4 GDP growth
April 01, 2022 02:22 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market turned lower on Thursday, with the blue-chip FTSE 100 index dropping around half a per cent, while the mid-cap focused FTSE 250 index also lost over a quarter per cent. The markets overlooked the report of a reb...
FTSE 100 turns flat, Pearson tanks 7%
March 31, 2022 05:15 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market showed a mixed trend on Wednesday, with the blue-chip FTSE 100 index adding 0.19% to its last session gains, while the mid-cap focused FTSE 250 index declined by 0.90%. FTSE 100 index received support from oil and minin...
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...
FTSE 100 surges over 1.2% on progress in peace talks
March 30, 2022 02:39 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock markets went for a rally on Tuesday, reacting to progress in peace talks between Russia and Ukraine. The blue-chip FTSE100 index is up by over 1.2% and at its best levels since mid of February 2022, when the conflict b...
AI on the Rise: A Look at Top AI Companies and Their Stocks