Market updates


 Wall Street closes higher as earnings season kicks in; DAL, AAL, TSM rally

Wall Street closes higher as earnings season kicks in; DAL, AAL, TSM rally

April 14, 2022 07:10 AM AEST| By Rupam Roy

Benchmark US indices closed higher on Wednesday, April 13, as a new earnings season set in and growth stocks salvaged some of their recent losses as investors shrugged off inflation worries. The S&P 500 was up 1.12% to 4,446.59. The Dow Jones in...

 US indices close lower on mixed global cues; NVDA, MSFT among top losers

US indices close lower on mixed global cues; NVDA, MSFT among top losers

April 09, 2022 07:08 AM AEST| By Team Kalkine Media

US stocks closed lower on Friday, April 8, dragged down by technology, consumer-cyclicals, and industrial segments after a lacklustre session clouded by mixed signals on growth and inflation. The S&P 500 fell 0.27% to 4488.28. The Dow Jones rose...

 Wall Street closes higher, yield touches 3-year high; HP, PFE rise

Wall Street closes higher, yield touches 3-year high; HP, PFE rise

April 08, 2022 09:28 AM AEST| By Team Kalkine Media

Wall 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

US indices drop after Fed minutes, yields rise; WMT, UNH gain

April 07, 2022 07:34 AM AEST| By Team Kalkine Media

Benchmark 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

US stocks fall, weighed down by tech, energy; TWTR, AMT gain

April 06, 2022 07:08 AM AEST| By Team Kalkine Media

US 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...

 Wall Street closes higher, lifted by tech stocks: TWTR, TSLA, FB rise

Wall Street closes higher, lifted by tech stocks: TWTR, TSLA, FB rise

April 05, 2022 07:06 AM AEST| By Team Kalkine Media

Wall 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...

 Wall Street closes higher on jobs report, yields rise; PLD, AMT gain

Wall Street closes higher on jobs report, yields rise; PLD, AMT gain

April 02, 2022 08:41 AM AEDT| By Sanjeeb Baruah

Wall 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...

 US stocks slip on mixed global cues; AMZN, HD fall sharply

US stocks slip on mixed global cues; AMZN, HD fall sharply

April 01, 2022 06:29 AM AEDT| By Sanjeeb Baruah

Benchmark 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...

 Wall Street retreats as Ukraine bombings intensify, oil rises; SHEL, EQNR climb

Wall Street retreats as Ukraine bombings intensify, oil rises; SHEL, EQNR climb

March 31, 2022 09:04 AM AEDT| By Sanjeeb Baruah

US stocks erased the previous day’s gains to close lower on Wednesday, March 30, as Russia redoubled attacks in Ukraine and dispelled the claim that Turkey talks represented a turning point in the war. The S&P 500 fell 0.31% to 4617.21. Th...

 US stocks close higher as oil drops; AAPL, MSFT, TSM gain

US stocks close higher as oil drops; AAPL, MSFT, TSM gain

March 30, 2022 09:22 AM AEDT| By Sanjeeb Baruah

Benchmark 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...

 US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat

US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat

March 29, 2022 08:03 AM AEDT| By Rupam Roy

Benchmark 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'...

 Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans

Wall Street closes mixed; TLRY, ACB surge on marijuana bill plans

March 26, 2022 08:02 AM AEDT| By Rupam Roy

Dow 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...

 Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge

Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge

March 25, 2022 06:51 AM AEDT| By Rupam Roy

Benchmark 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

Wall Street ends in the red, oil jumps; GME, AMC surge, ADBE tumbles

March 24, 2022 08:33 AM AEDT| By Rupam Roy

Wall 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

Wall Street closes higher on positive economic outlook; TSLA, PDD soar

March 23, 2022 07:23 AM AEDT| By Rupam Roy

Wall 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

US stocks retreat after Powell vows more rate hikes; XOM, CVX rise

March 22, 2022 08:39 AM AEDT| By Rupam Roy

US 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...

 US stocks close in red on inflation woes; DOCU, DIDI nosedive

US stocks close in red on inflation woes; DOCU, DIDI nosedive

March 12, 2022 10:01 AM AEDT| By Versha Jain

  Benchmark US indices closed the week lower on Friday, March 11, dragged down by technology and consumer discretionary stocks amid Ukraine-linked volatility and inflation concerns. The S&P 500 fell 1.30% to 4,204.31. The Dow Jones decline...

 US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise

US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise

March 11, 2022 09:44 AM AEDT| By Versha Jain

Benchmark 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...

 Wall Street surges back as oil drops; AAPL, MSFT, NVDA rise

Wall Street surges back as oil drops; AAPL, MSFT, NVDA rise

March 10, 2022 09:06 AM AEDT| By Rupam Roy

Dow Jones, S&P 500, and tech-heavy Nasdaq Composite rebounded strongly from their recent losses on Wednesday, March 9, as oil prices plummeted over 11%, prompting investors to pull back from haven assets. Oil pulled back sharply after reports th...

 US indices wobble on Russian oil ban; ENPH, SPWR stocks rally

US indices wobble on Russian oil ban; ENPH, SPWR stocks rally

March 09, 2022 09:49 AM AEDT| By Versha Jain

US stocks closed lower on Tuesday, March 8, after the US banned Russian oil imports, causing a price surge, and investors trimmed bond holdings, fearing more turmoil in the market. The S&P 500 declined 0.72% to 4,170.70. The Dow Jones fell 0.56%...

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