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Market updates
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...
US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat
March 29, 2022 08:03 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Monday, March 28, as Tesla, Inc (TSLA) sharp gains nullified losses in the financial and energy stocks. The shares of TSLA surged 8.03% in intraday trading after the EV maker said that it would request investors'...
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UK stock market moves higher, IAG, EasyJet among top gainers
March 29, 2022 03:13 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market made a positive start to the new week, with the blue-chip FTSE 100 index gaining 0.30%. Most of the airline stocks like EasyJet Plc (5.54%), Wizz Air Holdings (4.62%), and International Consolidated Airlines Group (3.05...
Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans
March 26, 2022 08:02 AM AEDT| By Rupam RoyDow Jones and S&P 500 rose but stayed near the flatline, and Nasdaq closed in the red on Friday, March 25, dragged down by losses in technology stocks as investors weighed the impact from Europe’s possible energy shortages and the interest...
FTSE 100 moves higher, shrugs off weak consumer confidence data
March 26, 2022 02:48 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market, coming out of the sluggishness of the last session, strengthened on Friday. Blue-chip FTSE 100 index was up by 0.19%, supported by stocks like Rentokil Initial Plc (3.61%) and Rolls-Royce Holdings Plc (3.02%)....
Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge
March 25, 2022 06:51 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Thursday, March 24, boosted by gains in big technology stocks as crude oil prices dropped more, lifting investors’ sentiments on Wall Street. The S&P 500 gained 1.43% to 4520.16. The Dow Jones rose 1.0...
Wall Street ends in the red, oil jumps; GME, AMC surge, ADBE tumbles
March 24, 2022 08:33 AM AEDT| By Rupam RoyWall Street’s major indices closed in the red on Wednesday, March 23, as mega-cap stocks fell out of favor with risk-averse investors and benchmark crude futures jumped again. The S&P 500 fell 1.23% to 4456.24. The Dow Jones declined 1.29%...
Wall Street closes higher on positive economic outlook; TSLA, PDD soar
March 23, 2022 07:23 AM AEDT| By Rupam RoyWall Street’s main indexes closed higher on Tuesday, March 22, as technology, financials, and consumer discretionary segments saw a strong rebound amid upbeat quarterly results. The S&P 500 rose 1.13% to 4511.61. The Dow Jones gained 0.74%...
AI on the Rise: A Look at Top AI Companies and Their Stocks