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Market updates
Industrial Stocks Pushed FTSE 100 Marginally Higher; Superdry up 14.91%
September 17, 2021 04:48 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 27.98 points or 0.62 per cent lower at 4,452.72, Dow Jones Industrial Average Index dipped by 197.57 points or 0.57 per cent lower at 34,616.8...
FTSE 100 trades higher boosted by Ashtead Group’s earnings
September 17, 2021 01:00 AM AEST| By Sreenivas D AjankarHighlights FTSE100 has moved higher by 0.47% to trade at 7,051, while mid-cap focused FTSE250 index was up by 0.59%. Major European indexes are also trading in green after ECB president Christine Lagarde said the Euro Zone economy is reco.....
US stocks gallop ahead after deals, product launches lift sentiments
September 16, 2021 08:14 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones...
Shares of Tullow Oil Inched Higher by 5.40%; FTSE 100 Down 0.25%
September 16, 2021 04:26 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 8.37 points or 0.19 per cent higher at 4,451.42, Dow Jones Industrial Average Index surged by 76.05 points or 0.22 per cent higher at...
US stocks drift after inflation data
September 15, 2021 08:10 AM AEST| By Sanjeeb BaruahBenchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the focus on Fed's stimulus tapering talks. The S&P 500 was down 0.57% to 4,443.05. The Dow Jones...
Utility & Consumer Cyclical Shares Gained Momentum; FTSE 100 Ended Lower
September 15, 2021 04:28 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 7.47 points or 0.17 per cent lower at 4,461.26, Dow Jones Industrial Average Index dipped by 183.84 points or 0.53 per cent lower at...
FTSE 100 trades lower unswayed by the recovery in the UK job market
September 15, 2021 01:09 AM AEST| By Sreenivas D AjankarFTSE 100 was trading slightly in red, down by 0.13% at 7,059, while mid-cap focused FTSE250 index traded flat at 23,778, remaining unswayed by the jobs data. Meanwhile, the job market in the UK continues to shine, with a number of unfilled position.....
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US stocks close mixed as lawmakers mull tax hike
September 14, 2021 08:09 AM AEST| By Sanjeeb BaruahBenchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...
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Energy and Utility Shares Lifted FTSE 100 Higher by 0.56%
September 14, 2021 04:12 AM AEST| By Team Kalkine MediaUS Market News: The major indices of Wall Street traded on a mixed note as investors waited for the critical inflation data to be released tomorrow. Among the gaining stocks, MGM Resorts International (MGM) shares grew by around 1.71% after Bernstein...
US stocks edge lower on inflation data
September 11, 2021 11:13 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose marginally in August. The S&P 500 was down 0.77% to 4,458.58. The Dow Jones fell 0.78% to 34,6...
UK’s GDP Increased Marginally by 0.10% in July; FTSE 100 Ended Flat
September 11, 2021 04:28 AM AEST| By Team Kalkine MediaUS Market News: The major indices of Wall Street traded in a red zone after the release of the US inflation data. Among the gaining stocks, Affirm Holdings (AFRM) shares surged by around 28.45% after the Company’s quarterly revenue came out to...
US stocks retreat after jobless claims data
September 10, 2021 08:10 AM AEST| By Sanjeeb BaruahBenchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the lowest level in 18 months. The S&P 500 was down 0.46% to 4,493.28. The Dow Jones fell 0.43% to 3...
Bakkavor Shares Inched Higher by 8.99%; FTSE 100 down 1.01%
September 10, 2021 04:38 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 2.05 points or 0.05 per cent higher at 4,516.12, Dow Jones Industrial Average Index surged by 36.90 points or 0.11 per cent higher at 35,067...
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FTSE100 trades lower, ECB decides to taper bond buying
September 10, 2021 01:06 AM AEST| By Sreenivas D AjankarHighlights FTSE100 trades in the negative zone down by over 1% near its crucial support level of 7,000. European Central Bank (ECB) has decided to slow down its pandemic bond-buying program amid the recovery in the European economy. FTSE10.....
US markets close in red as delta variant spells trouble
September 09, 2021 08:04 AM AEST| By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...
FTSE 100 Breached 7,100 Level; Utility Shares in Focus
September 09, 2021 04:25 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 20.33 points or 0.45 per cent lower at 4,499.70, Dow Jones Industrial Average Index dipped by 140.32 points or 0.40 per cent lower at 34,959.6...
US stocks drift on slow pace of economic recovery
September 08, 2021 08:00 AM AEST| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
British & European Equities Inched Lower; Shares of Esken Jumped 12.94%
September 08, 2021 04:26 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 16.83 points or 0.37 per cent lower at 4,518.60, Dow Jones Industrial Average Index dipped by 250.92 points or 0.71 per cent lower at...
FTSE100 trades lower, dragged by tax hike announcement
September 08, 2021 01:10 AM AEST| By Sreenivas D AjankarFTSE100 traded modestly in the negative zone, down by 0.18% at 7,174 in the afternoon trades, while the mid-cap focused FTSE 250 index trades at 24,177, down by 0.29%. The UK government today announced a tax hike of 1.25% on shareholders profits al.....
FTSE 100 Ended Higher by 0.68%; Technology & Financial Shares on Radar
September 07, 2021 05:44 AM AEST| By Team Kalkine MediaUK Market News: The London markets traded in a green zone amid solid gains made by oil, mining, and financials stocks. According to the latest data from the IHS Markit/CIPS, the UK construction PMI came out to be 55.2 during August 2021 as compared t...
AI on the Rise: A Look at Top AI Companies and Their Stocks