US stocks rise after strong retail sales data; Citigroup, HD, UAL surge

Dow Jones and S&P 500 edged higher while Nasdaq closed flat on Wednesday, April 27, as strong quarterly earnings of Microsoft Corp and Visa Inc lifted the market sentiment in a reversal from the previous day’s fall. The S&P 500 rose 0....

UK Market News: The UK stock market has extended the gains on Wednesday, with the blue-chip FTSE 100 index up by over half a percent. Most of the mining stocks like Anglo American, Rio Tinto, Antofagasta, and Fresnillo have once again taken the lead ...

Wall Street’s main indices edged lower on Tuesday, April 26, ahead of the earnings of big companies like Microsoft and Alphabet as investors weighed the risks of slow growth and higher interest rates. The S&P 500 was down 2.81% to 4,175.20...

UK Market: The UK stock market made a strong comeback on Tuesday after three days of the selloff, with the blue-chip FTSE 100 index up by 0.96%. The index gains were led by shares of miners and homebuilders, with Glencore Plc, Anglo American, and Ant...

Benchmark US indices closed the first day of the week on a positive note on Monday, April 26, after Twitter board agreed to Elon Musk’s US$44 billion buyout offer, marking a watershed moment for the social media company. The S&P 500 was up...

UK Market News: The UK stock market extended the weak trade on Monday, with the blue-chip FTSE 100 index down by over 1.5%. The zero Covid policy of China has led to heavy selling across global markets. Mining shares like Anglo American and Rio Tinto...

Benchmark US indices closed the week lower on Friday, April 22, as weak earnings and the relentless fall in growth stocks weighed on investors' minds. The S&P 500 was down 2.77% to 4,271.78. The Dow Jones fell 2.82% to 33,811.40. The NASDAQ Comp...

UK Market News: The UK stock market extended its weakness on Thursday. The blue-chip FTSE100 index was trading in red after weak UK retail sales fuelled concerns about slowing economic growth. According to data from the Office for National Statistic...

US stock drifted lower on Thursday, April 21, after Fed Chair Jerome Powell signaled more rate hikes to come as early as next month to curb the high inflation in the US economy. The S&P 500 was down 1.48% to 4,393.66. The Dow Jones fell 1.05% to...

UK Market News: The UK stock market trades in the green, with the blue-chip FTSE100 index up by 0.30%. The index was trading in the positive territory even though the mining stock, including Rio Tinto and Anglo American, went down. The mining sector ...