Market updates


 US stocks rise on vaccine hopes, positive economic outlook

US stocks rise on vaccine hopes, positive economic outlook

August 25, 2021 08:01 AM AEST| By Sanjeeb Baruah

Benchmark S&P 500 and NASDAQ composite closed at record highs for the second consecutive day on Tuesday, August 24, after significant gains in consumer discretionary and energy segments. The S&P 500 was up 0.15% to 4,486.23. The Dow Jones ro...

 S&P 500, Nasdaq hit record highs after tech, energy stocks rally

S&P 500, Nasdaq hit record highs after tech, energy stocks rally

August 24, 2021 07:43 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed at record highs on Monday, August 23, pulled up by gains in technology and energy segments as investors turned their focus on riskier assets amid hopes of a faster economic recovery. The S&P 500 was up 0.85% to 4,479....

 US indices close higher as tech, consumer stocks rally

US indices close higher as tech, consumer stocks rally

August 21, 2021 07:06 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed higher on Friday, August 20, propelled by gains in technology stocks after investors ignored concerns of delta infections that threatened to halt the economic recovery. The S&P 500 was up 0.81% to 4,441.67. The Dow Jo...

 US stocks close flat after Fed's hawkish tilt

US stocks close flat after Fed's hawkish tilt

August 20, 2021 07:25 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed flat on Thursday, August 19, a day after Fed minutes revealed broad consensus on pulling back monetary stimuli but still to set a specific start date for the withdrawal. The S&P 500 was up 0.13% to 4,405.80. The Dow J...

 US stocks end lower after Fed minutes

US stocks end lower after Fed minutes

August 19, 2021 08:04 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed lower on Wednesday, August 18, amid concerns over the pace of economic recovery as delta virus spread rapidly. The S&P 500 was down 1.07% to 4,400.27. The Dow Jones fell 1.08% to 34,960.69. The NASDAQ Composite droppe...

 US stocks slip on retail data

US stocks slip on retail data

August 18, 2021 07:51 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was...

 US stocks trade flat on gloomy Chinese economic data

US stocks trade flat on gloomy Chinese economic data

August 17, 2021 07:59 AM AEST| By Sanjeeb Baruah

Benchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July was way below economists’ expectations. The grim outlook triggered investors’ concerns abo...

 Dow, S&P 500 see record close on positive economic outlook

Dow, S&P 500 see record close on positive economic outlook

August 14, 2021 10:44 AM AEST| By Sanjeeb Baruah

The Dow Jones Industrial Average and the S&P 500 closed the week at record highs on Friday, August 13, after better-than-expected quarterly results of some companies this week turbocharged the investors to bet on risky assets or slow-moving econo...

 Nasdaq, S&P 500 close higher on tech gains

Nasdaq, S&P 500 close higher on tech gains

August 13, 2021 07:51 AM AEST| By Sanjeeb Baruah

The Nasdaq Composite and the S&P 500 Index edged higher on Thursday, August 12, as tech stocks saw notable gains, while the Dow Jones closed flat after the economy-sensitive stocks pulled back. The S&P 500 was up 0.30% to 4,460.83. The Dow J...

 US stocks edge higher on inflation data

US stocks edge higher on inflation data

August 12, 2021 07:40 AM AEST| By Team Kalkine Media

The S&P 500 index and Dow Jones Industrial Average edged higher on Wednesday, August 11, after the utility and basic materials stocks advanced amid a positive economic outlook. The S&P 500 was up 0.25% to 4,447.70. The Dow Jones rose 0.62% t...

 Dow, S&P 500 close at record highs as senate passes infra bill

Dow, S&P 500 close at record highs as senate passes infra bill

August 11, 2021 07:32 AM AEST| By Sanjeeb Baruah

Dow Jones Industrial Average and the S&P 500 index closed at all-time highs on Tuesday, August 10, as investors laid bets on economy-sensitive stocks amid excitement over the US$1 trillion infrastructure spending bill passed by the US Senate in a...

 US stocks close flat on oil slide, covid fears

US stocks close flat on oil slide, covid fears

August 10, 2021 07:42 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed flat on Monday, August 9, as global oil prices tumbled amid rising delta virus concerns, deterring investors from exploring opportunities in the stock market. The S&P 500 fell 0.09% to 4,432.35. The Dow Jones declined...

 S&P 500, Dow Jones rise after strong jobs report

S&P 500, Dow Jones rise after strong jobs report

August 07, 2021 07:06 AM AEST| By Sanjeeb Baruah

The S&P 500 Index and Dow Industrial Average ticked up after the Labor Department reported strong jobs growth in July, but NASDAQ Composite declined as technology heavyweights wavered. The S&P 500 was up 0.17% to 4,436.52. The Dow Jones gain...

 US stocks rise on jobless claims data

US stocks rise on jobless claims data

August 06, 2021 07:32 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed higher on Thursday, August 5, after the latest labor data showed jobless benefits claims fell sharply last week, and a positive economic outlook drove investors to bet on stocks perceived as riskier than the safe-haven ass...

 US stocks slip on weak jobs data

US stocks slip on weak jobs data

August 05, 2021 08:04 AM AEST| By Sanjeeb Baruah

The blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...

 US markets edge higher on earnings optimism

US markets edge higher on earnings optimism

August 04, 2021 07:46 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed higher on Tuesday, August 3, boosted by gains in healthcare and technology stocks and optimism about strong quarterly earnings of blue-chip companies. The S&P 500 was up 0.82% to 4,423.15. The Dow Jones gained 0.80% t...

 US markets end flat; consumer, healthcare stocks gain

US markets end flat; consumer, healthcare stocks gain

August 03, 2021 07:46 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed flat on Monday, August 2, as investors started trading in the new month with a subdued note amid concerns over rising cases of covid infections from delta mutant. The S&P 500 was down 0.18% to 4,387.16. The Dow Jones...

 US stock indices slip into red amid mixed cues

US stock indices slip into red amid mixed cues

July 31, 2021 07:17 AM AEST| By Sanjeeb Baruah

Benchmark US indices slipped into the red on Friday, July 30, dragged down by losses in most sectors and closing the trading week on a subdued note. The S&P 500 fell 0.54% to 4,395.26. The Dow Jones declined 0.42% to 34,935.47. The NASDAQ Compos...

 US stocks advance on GDP data, economy outlook

US stocks advance on GDP data, economy outlook

July 30, 2021 07:50 AM AEST| By Sanjeeb Baruah

Benchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...

 Nasdaq edges up on tech earnings boost

Nasdaq edges up on tech earnings boost

July 29, 2021 07:49 AM AEST| By Sanjeeb Baruah

The tech-heavy Nasdaq Composite Index closed higher on Wednesday, July 28, a day after big technology companies like Google, Apple, and Microsoft posted strong quarterly earnings, while the blue-chip S&P 500 and the Dow Jones saw small gains in a...

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