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Market updates
US stocks edge lower again on war fears; ROKU, DKNG fall sharply
February 19, 2022 10:43 AM AEDT| By Versha JainBenchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...
US indices close mixed after Fed minutes; ABNB, KHC rise
February 17, 2022 10:58 AM AEDT| By Versha JainBenchmark US indices closed mixed on Wednesday, February 16, after Fed minutes gave no clear timeline for a rate hike to curb inflation and tension over Ukraine persisted. The S&P 500 rose 0.09% to 4,475.01. The Dow Jones fell 0.16% to 34,934.27...
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US stocks break three-day losing streak, RESN, SPCE fly high
February 16, 2022 09:10 AM AEDT| By Versha JainBenchmark US indices reversed their three-day losing streak on Tuesday, February 15, after broad gains across sectors amid Russia’s decision to withdraw troops from the Ukraine border. The S&P 500 surged 1.58% to 4,471.07. The Dow Jo...
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US stocks plunge amid Ukraine fears; SU, MRNA among top losers
February 15, 2022 09:16 AM AEDT| By Versha JainBenchmark US indices were down for the second consecutive session on Monday, February 14, amid rising Russia-Ukraine tension and lingering fears over Fed’s possible interest rate hikes. The S&P 500 declined 0.38% to 4,401.65. The Dow Jones...
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US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers
February 12, 2022 09:43 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Friday, February 11, as oil prices surged to an eight-year high, further adding to the inflationary pressure a day after the crushing CPI data. The S&P 500 fell 1.90% to 4,418.49. The Dow Jones declin...
S&P, Nasdaq rise after Amazon.com Inc (AMZN) earnings, jobs report
February 05, 2022 09:53 AM AEDT| By Team Kalkine MediaThe S&P 500 index and Nasdaq Composite closed in the green, while Dow Jones marginally declined on Friday, February 4, after Amazon’s strong earnings and positive jobs report. The S&P 500 rose 0.52% to 4,500.53. The Dow Jones fel...
US stocks close in red after Meta (FB) rout, Zuckerberg loses US$29 bn
February 04, 2022 10:00 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, February 3, after Mark Zuckerberg-led Meta Platforms, Inc lost roughly US$200 billion in market value in a massive stock rout. Shares of other tech companies, such as Amazon.com, Google, and Spotif...
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US stocks retreat for third straight day on inflation woes
January 21, 2022 09:31 AM AEDT| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
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US stocks edge lower as technology, financial sectors slip
January 20, 2022 08:35 AM AEDT| By Rupam RoyBenchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...
US stocks end mixed after gloomy economic data
January 15, 2022 08:00 AM AEDT| By Rupam RoyDow Jones retreated on Friday, January 14, dragged down by the decline in some heavyweight financial stocks after reporting their quarterly earnings results, while gains in the technology stocks fuelled gains in Nasdaq and S&P 500 index. Meanwhi...
US stocks retreated after jobless claims, PPI data
January 14, 2022 08:30 AM AEDT| By Versha JainBenchmark US indices fell on Thursday, January 13, over the increased jobless claims and inflation worries. The technology stocks plummeted while investors remained alert about any update on monetary policy tightening by Federal Reserve. ...
US stocks edge higher after inflation data
January 13, 2022 09:05 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, January 12, despite the consumer prices data showing that inflation is at its highest level in nearly four decades. However, the gains in the technology stocks helped the market to maintain a steady mo...
US stocks bounced back on Tuesday, led by technology stocks
January 12, 2022 08:28 AM AEDT| By Versha JainBenchmark US indices rebounded on Tuesday, January 11, after the Federal Reserve chairman Jerome Powell said to take aggressive measures to keep the inflation in check during his confirmation hearing today. The S&P 500 rose 0.92% to 4,713.07. Th...
US stocks edge lower as tech stock slips
January 11, 2022 08:10 AM AEDT| By Rupam RoyBenchmark US indices drifted on Monday, January 10, on concerns over sooner than anticipated interest rate hikes, that have pushed the US treasury yields higher. The US treasury yields hit the highest level in two years on Monday. The S&P 500 wa...
US stocks drift to a mixed close amid Omicron, rate concerns
January 07, 2022 10:27 AM AEDT| By Versha JainBenchmark US indices closed missed on Thursday, January 6, after a choppy trading session amid concerns over rising cases of Omicron and Fed’s earlier-than-expected rate hike. The S&P 500 declined 0.10% to 4,696.05. The Dow Jones decreased...
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US stocks slip after Fed’s minutes
January 06, 2022 09:07 AM AEDT| By Versha JainBenchmark US indices closed in the red on Wednesday, January 5, after minutes of Fed’s December meeting revealed unease among economists over the current high inflation. The S&P 500 fell 1.94% to 4,700.58. The Dow Jones declined 1.07% to 3...
US indices close mixed, dragged down by technology, healthcare stocks
January 05, 2022 09:05 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, January 3, weighed down by technology, healthcare, and consumer discretionary segments after a solid start to the first trading week of 2022. The S&P 500 declined 0.06% to 4,793.54. The Dow Jones ros...
US markets close higher as Apple Inc briefly crosses US$3-trillion mark
January 04, 2022 09:58 AM AEDT| By Versha JainBenchmark US indices closed higher on the first trading day of the new year on Monday, January 3, lifted by energy and consumer discretionary stocks. The S&P 500 rose 0.64% to 4,796.56. The Dow Jones gained 0.68% to 36,585.06. The NASDAQ Composi...
US stocks close mixed after choppy session
December 30, 2021 08:57 AM AEDT| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
US markets close mixed, dragged down by tech, healthcare stocks
December 29, 2021 08:21 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, December 28, dragged down by technology and healthcare stocks amid rising oil prices. The S&P 500 fell 0.10% to 4,786.35. The Dow Jones rose 0.26% to 36,398.21. The NASDAQ Composite fell 0.56% to 15,...
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