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Market updates
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%...
US stocks retreat after Powell vows more rate hikes; XOM, CVX rise
March 22, 2022 08:39 AM AEDT| By Rupam RoyUS stocks kicked off the week lower on Monday, March 21, after Fed Chair Jerome Powell reiterated tough action on inflation and the EU weighed joining the US on banning Russian oil imports. The S&P 500 fell 0.04% to 4,461.18. The Dow Jones decli...
FTSE 100 bounces back, PE firm Apollo Global eyes Pearson
March 12, 2022 02:28 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market made a decent bounce back on Friday. The blue-chip FTSE 100 index was up by over 1.3%. The index was supported by stocks like Pearson Plc (21.5%) and Polymetal International (12.3%). The mid-cap-focused FTSE 250 index a...
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US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 11, 2022 09:44 AM AEDT| By Versha JainBenchmark US indices retreated from the previous day’s gains to close lower on Thursday, March 10, after US inflation touched another 40-year high in February, fuelled by higher energy costs. The Labor Department said the consumer price index...
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FTSE 100 declines over 1.5%, FCA suspends trading in Evraz
March 11, 2022 01:51 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market turned lower on Thursday. The blue-chip FTSE 100 index was down over 1.5%. Evraz Plc (LON: EVR) was amongst the top losers on the index. The financial regulator, FCA, temporarily suspended trading in the company’s...
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UK stock market moves higher, FTSE 100 reclaims 7,000 level
March 10, 2022 01:40 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market moved higher on Wednesday. The blue-chip FTSE 100 reclaimed its 7,000 level, supported by stocks like Polymetal International Plc (55%), Evraz Plc (27%), International Consolidated Airlines (9.1%). These stocks witnesse...
UK stock market extend recovery led by ITV & Evraz Plc
March 09, 2022 01:45 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market extended the recovery on Tuesday, though once again, there was weakness in the early morning session. The blue-chip FTSE 100 index was marginally down by 0.06%. The index was supported by stocks like ITV Plc (7.90%) and...
FTSE 100 recoup early losses led by mining and energy stocks
March 08, 2022 01:46 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock made a dismal start on Monday as the Russia-Ukraine war intensified and entered the 12th day. The blue-chip FTSE100 index, however recovered its early morning losses. The oil & gas stocks like Shell Plc (7.19%...
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UK stock market suffers sharp dip, FTSE 250 index slips below 20,000
March 05, 2022 03:33 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market plunged on Friday amid a sharp selloff in the global stock markets due to Ukraine’s nuclear fears. The blue-chip FTSE 100 index was down by 3.07%, while the mid-cap focused FTSE 250 index dipped nearly 3% to trade...
US stocks wobble as commodity prices hit 14-year high, KR, BBY surge
March 04, 2022 09:46 AM AEDT| By Versha JainUS stocks closed lower on Thursday, March 3, after commodity prices hit a 14-year high amid Black Sea curbs and the unfolding humanitarian crisis unleashed by the Russia-Ukraine war. Oil prices jumped to US$116 a barrel in intraday trading, the high...
FTSE 100 turns lower, dragged down by ITV Plc & Admiral Group
March 04, 2022 01:53 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market turned lower on Thursday, with the blue-chip FTSE100 index declining by over 0.60%. Stocks like ITV Plc (-20.24%), Admiral Group Plc (-12.9%), Rentokil Initial Plc (-6.67%), announced their results today and dragge...
FTSE 100 bounce back led by oil & gas stocks
March 03, 2022 02:43 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market has bounced back on Wednesday with the blue-chip index, FTSE100 moving up by 0.68%. The benchmark index was supported by oil & gas stocks like Shell Plc (5.41%) & BP Plc (4.75%), which surged after a record...
US indices retreat as Russia bombs Ukraine; TGT, ACI stocks rally
March 02, 2022 09:24 AM AEDT| By Versha JainWall Street’s major indices fell sharply on Tuesday, March 1, after Russia intensified bombings in Ukraine, raising the spectre of a violent attack as the world watched the events in horror. Oil prices climbed again above the US$100 per barrel...
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UK stock market turns red, Polymetal & Evraz may fall out of FTSE 100
March 02, 2022 02:07 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market trades lower once again on Tuesday, as the uncertainties over the Russia-Ukraine war continue with no sign of peace. The blue-chip FTSE 100 index is down by 0.83%, led by the stocks like Polymetal International Plc...
NYSE, Dow slip after new Russia sanctions; oil jumps, TSLA, FNH rise
March 01, 2022 09:12 AM AEDT| By Versha JainWall Street’s main indices closed mixed on Monday, February 28, as countries stepped up sanctions against Russia for invading Ukraine, driving up the oil prices after Friday’s retreat. The S&P 500 fell 0.24% to 4,373.94. The Dow Jone...
UK stock market turns lower, Polymetal slumps 50%
March 01, 2022 02:15 AM AEDT| By Sreenivas D AjankarUK Market News: The UK stock market has made a sombre start of the new week as investor sentiments turned negative amid the Russia-Ukraine conflict worsening with more sanctions being imposed on Russia. FTSE 100-listed stocks like Polymetal Internati...
US stocks rally on Russia’s openness for Ukraine talks; SQ, ETSY climb
February 26, 2022 10:55 AM AEDT| By Versha JainBenchmark US indices rallied for the second-consecutive day on Friday, February 25, after Russia agreed to high-level talks with Ukraine the day after the military raids began. The S&P 500 surged 2.24% to 4,384.65. The Dow Jones climbed 2.51% to...
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