Market updates

Record Rise in UK Inflation & Stronger Pound Dragged FTSE 100 Lower by 0.47%
July 15, 2021 04:32 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 0.99 points or 0.02 per cent higher at 4,370.20, Dow Jones Industrial Average Index dipped by 12.10 points or 0.03 per cent lower at...
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FTSE 100 trades in negative zone reacting to rise in June Inflation
July 14, 2021 11:54 PM AEST| By Suhita PoddarSummary FTSE 100 trades in the negative zone after higher-than-expected UK inflation of 2.5%. Investors took safe bets in banking and commodities amid fear of inflationary pressure. FTSE 100 is trading in red, down by 41 points at 70.....

US stocks close flat on inflation data
July 14, 2021 07:53 AM AEST| By Sanjeeb BaruahUS stocks traded flat on Tuesday, July 13, after the latest government data showed that inflation surged at an annual rate of 5.4% in June, the highest in 13 years, amid a strong economic rebound. The S&P 500 was down 0.35% to 4,369.21. The Dow...

US Consumer Price Index Rose 5.4% in June Against Last Year; FTSE 100 Flat
July 14, 2021 04:14 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 5.97 points or 0.14 per cent higher at 4,390.60, Dow Jones Industrial Average Index dipped by 40.53 points or 0.12 per cent lower at...

US stocks close higher as focus shifts to quarterly earnings
July 13, 2021 07:56 AM AEST| By Sanjeeb BaruahAll major US stock markets closed higher on Monday, July 12, ahead of the quarterly earnings reports and new economic data due to be released this week. The S&P 500 was up 0.35% to 4,384.63. The Dow Jones rose 0.36% to 34,996.18. The NASDAQ Comp...

Insurance Shares Offered Marginal Strength to FTSE 100; S&P 500 at all-time high
July 13, 2021 04:28 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 10.15 points or 0.23 per cent higher at 4,379.70, Dow Jones Industrial Average Index surged by 96.05 points or 0.28 per cent higher at 34,96...

FTSE 100 trades in the red amid cautiousness over rise in delta variant cases
July 13, 2021 12:21 AM AEST| By Kamalika GhoshSummary FTSE100 traded in negative territory with concern over the recent rise in cases of delta variant. European Central Bank will update its guidance on monetary stimulus at the next meeting. FTSE 100 started the week in red, with conce.....

US markets draw the curtain on a topsy-turvy week with positive note
July 10, 2021 07:06 AM AEST| By Sanjeeb BaruahBenchmark US indices recovered the previous day’s losses to end the week on a high note on Friday, July 9, with the S&P 500 notching another record close amid a grim outlook on the pandemic front. The S&P 500 was up 1.13% to 4,369.55....

Shares of Vectura Soared 14.01% Post Acquisition News; FTSE 100 Reclaimed 7,100
July 10, 2021 04:15 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 42.61 points or 0.99 per cent higher at 4,363.43, Dow Jones Industrial Average Index surged by 442.54 points or 1.29 per cent higher at 34,8...

Wall Street stocks retreat on economic concerns
July 09, 2021 07:46 AM AEST| By Sanjeeb BaruahAll major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the health of the American economy, and investors pulled back from risky bets. The S&P 500 was down 0.8...

British Equities Traded Lower as Delta Variant Triggered a Spike in Infections
July 09, 2021 04:27 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 41.20 points or 0.95 per cent lower at 4,317.00, Dow Jones Industrial Average Index declined by 271.52 points or 0.78 per cent lower at 34,410...
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US markets edge higher, lifted by real estate, healthcare stocks
July 08, 2021 07:55 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 7, pulled up by gains in real estate and healthcare stocks after the Fed held its first discussion on the bond purchase, accepting that inflation has been a cause of worry but deciding to keep the...
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FTSE 100 Managed to Hold 7,150 Level After Energy Shares Gained Momentum
July 08, 2021 04:34 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.75 points or 0.29 per cent higher at 4,356.29, Dow Jones Industrial Average Index inclined by 66.78 points or 0.19 per cent higher at 34,...

US indices slip after last week's record closes
July 07, 2021 07:20 AM AEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, July 6, after several record consecutive closes last week as investors looked for global cues and turned their focus on economy-linked value stocks. The S&P 500 was down 0.20% to 4,343.54. The Dow Jon...

Crude Oil Prices Slipped 3% After Breakdown in Talks at OPEC Meeting
July 07, 2021 04:36 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 24.82 points or 0.57 per cent lower at 4,327.52, Dow Jones Industrial Average Index declined by 350.14 points or 1.01 per cent lower at 34,436...

FTSE 100 trades lower tracking Mixed Asian Equities
July 06, 2021 07:37 PM AEST| By Kamalika GhoshSummary FTSE 100 opened in red, tracking the mixed Asian market cues. Great Britain pound was trading higher against the United States dollar on Tuesday morning. FTSE 100 has started in red on Tuesday, tailing mixed trading in the Asian ma.....

FTSE 100 Sustained Above 7,100 Level, Boosted by Supermarkets & Travel Shares
July 06, 2021 04:13 AM AEST| By Team Kalkine MediaUK Market News: The London markets traded in a green zone driven by optimistic investors’ sentiments related to the relaxation of remaining Covid-19 restrictions. Moreover, the UK services sector had further expanded during June 2021. The IHS M...

UK markets trading flat ahead of OPEC meeting
July 06, 2021 01:25 AM AEST| By AbhijeetSummary FTSE 100 was trading up by a quarter percent in the last leg of trade. Supermarket chain operator stocks are in green after JW Morrisons accepted a takeover bid by Fortress. Hospitality sectors stocks are trading positive.....

US stocks close higher on June employment data
July 03, 2021 07:28 AM AEST| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 2, as investor sentiments were boosted by the Labor Department’s June employment data. The S&P 500 was up 0.75% to 4,352.34. The Dow Jones gained 0.44% to 34,786...

US equities inched higher after 850,000 jobs were added in June; FTSE 100 down 0.03%
July 03, 2021 04:34 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 19.01 points or 0.44 per cent higher at 4,338.95, Dow Jones Industrial Average Index surged by 114.79 points or 0.33 per cent higher at 34,7...
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