Market Updates

US indices close lower, weighed down by tech, financial stocks

 US indices close lower, weighed down by tech, financial stocks

All key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....

Read More...
US stocks close higher as oil prices surge, Omicron worries ebb

US stocks close higher as oil prices surge, Omicron worries ebb

Benchmark US indices closed higher on Monday, November 29, after the major stock segments saw gains amid soaring oil prices and fading concerns around the Omicron variant of Covid-19. The S&P 500 climbed 1.32% to 4,655.12. The Dow Jones was up 0...

Read More...
FTSE 100 retakes 7,100 as equities rebound from Black Friday's collapse

FTSE 100 retakes 7,100 as equities rebound from Black Friday's collapse

  • November 29, 2021 05:22 PM GMT
  • Abhijeet

US Markets: American equities bounced back on Monday, 29 November, partly recovering from the Black Friday’s slump as investors seemingly overturned the fears of Omicron variant of Covid-19 (SARS-CoV-2) virus. All the three Wall Street indices ...

Read More...
US markets slip on new covid variant fears

US markets slip on new covid variant fears

Benchmark US indices wrapped up the week on a gloomy note Friday, November 26, after concerns over a new covid variant in South Africa triggered bearish sentiments. The S&P 500 fell 2.27% to 4,594.62. The Dow Jones fell 2.53% to 34,899.34. The N...

Read More...
FTSE 100 plunges on reports of new Covid-19 variant

FTSE 100 plunges on reports of new Covid-19 variant

US Markets: Broder US indices are showing a weaker trend amid fear of a new variant of coronavirus. S&P 500 future was down by 1.6%, while Dow Jones Industrial Average futures fell by 2.11%. The technology heavy index Nasdaq Composite future was ...

Read More...
FTSE 100 tread water amid rising energy crises

FTSE 100 tread water amid rising energy crises

UK Market News: The UK stock market is trading in the positive territory, with blue-chip index FTSE 100 up by 0.19%, while the mid-cap focused FTSE 250 index up by 0.31% despite an increase in the UK’s energy crisis following a report of two mo...

Read More...
US stocks close flat after upbeat labor data

US stocks close flat after upbeat labor data

Benchmark US indices closed flat on Wednesday, November 24, after the weekly jobless claims fell to a 52-year low and Fed minutes showed inflation to persist longer than previously thought. The S&P 500 was up 0.23% to 4,701.46. The Dow Jones fel...

Read More...
FTSE 100 remains cautious on the concern of rate hike   

FTSE 100 remains cautious on the concern of rate hike   

US Markets: The US indices had a mixed closing in the last session, with tech heavy Nasdaq Composite losing around half a per cent for the day. Today, in the pre-market session, all three major indices are deep in red, Dow was down by 0.60% to 35,600...

Read More...
US markets close mixed as tech stocks take a hit, bond yields rise

US markets close mixed as tech stocks take a hit, bond yields rise

Benchmark US indices closed mixed on Tuesday, November 23, as technology stocks declined, and bond yields rose a day after Biden re-nominated Gerome Powell as Fed chair. The S&P 500 climbed 0.17% to 4,690.70. The Dow Jones was up 0.55% to 35,813...

Read More...
FTSE 100 ends flat as Wall Street remains choppy, Nasdaq slips 1%

FTSE 100 ends flat as Wall Street remains choppy, Nasdaq slips 1%

  • November 23, 2021 05:54 PM GMT
  • Abhijeet

US Markets: Major Wall Street stock indices slipped into the negative territory in the wee hours of trading on Tuesday, 23 November, with the technology stocks heavy Nasdaq Composite falling more than 1%. Dow Industrials traded flat, while S&P 50...

Read More...
US stocks close mixed as Biden renominates Powell as Fed chair

US stocks close mixed as Biden renominates Powell as Fed chair

Benchmark US indices closed mixed on Monday, November 22, as President Joe Biden nominated Jereme Powell as the Federal Reserve chairman for the second time. The S&P 500 declined 0.32% to 4,682.94. The Dow Jones was up 0.05% to 35,619.25. The NA...

Read More...