Market updates

UK stocks suffer sell-off, FTSE 100 slumps by 1.30%

 UK stocks suffer sell-off, FTSE 100 slumps by 1.30%

UK Market: The UK stock market has suffered a sharp sell-off, trading down by 1.30%, and is on track to close the week in negative territory. Omicron’s impact on the retail segment has taken its toll on the market today. The Office for National...

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US stocks edge higher as Omicron fears fizzle

US stocks edge higher as Omicron fears fizzle

US stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...

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Upbeat Wall Street lifts FTSE 100 over 7,300

Upbeat Wall Street lifts FTSE 100 over 7,300

  • December 22, 2021 05:20 PM GMT
  • Abhijeet

US Markets: Wall Street extended gains in the mid-morning deals after opening largely flat on Wednesday, 22 December, as investors silently accumulate equities following the higher-than-estimated GDP growth in the July-September quarter, alongside a ...

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FTSE 100 offsets Monday's loss as Wall Street bounces back

FTSE 100 offsets Monday's loss as Wall Street bounces back

  • December 21, 2021 04:07 PM GMT
  • Abhijeet

US Markets: All the three major stock averages of the United States bounced back sharply on Tuesday, 21 December, partly reversing yesterday’s plunge as investors continue to buy the dips, at a time when the healthcare authorities, the potentia...

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FTSE struggles with 7,200, Wall Street dips 2% as Omicron fears escalate

FTSE struggles with 7,200, Wall Street dips 2% as Omicron fears escalate

  • December 20, 2021 07:20 PM GMT
  • Abhijeet

US Markets: Extending the previous week’s loss on Monday, 20 December, the major Wall Street stock averages plunged nearly 2% as market participants continue to square off positions in technology shares, travel corporations and the stocks that ...

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US stocks edge lower on interest rate worries

US stocks edge lower on interest rate worries

Benchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...

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FTSE 100 turns flat as UK sees 93,000 cases, Wall Street remains choppy

FTSE 100 turns flat as UK sees 93,000 cases, Wall Street remains choppy

  • December 17, 2021 05:43 PM GMT
  • Abhijeet

US Markets: Wall Street remained lacklustre on Friday, 17 December, with all three stock averages including the Dow Industrials, tech heavy Nasdaq Composite and wider barometer S&P 500 on track to register weekly losses. The NYSE-controlled Dow ...

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US stocks close lower led by tech and consumer stocks 

US stocks close lower led by tech and consumer stocks 

Benchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...

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FTSE 100 gains over 1% after BoE rate hike; Nasdaq plunges nearly 2%

FTSE 100 gains over 1% after BoE rate hike; Nasdaq plunges nearly 2%

  • December 16, 2021 05:49 PM GMT
  • Abhijeet

US Markets: Wall Street indices traded mixed after opening marginally higher on Thursday, 16 December, with the technology heavy market average Nasdaq Composite sliding more than 250 points as market participants apparently shift their focus away fro...

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US stocks rally after Fed's tapering decision

US stocks rally after Fed's tapering decision

Benchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...

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FTSE 100 slips below 7,200; Wall Street hovers in red

FTSE 100 slips below 7,200; Wall Street hovers in red

  • December 15, 2021 04:16 PM GMT
  • Abhijeet

US Markets: All the three major stock averages of the United States started in the negative region on Wednesday, 15 December, with the tech heavy market index Nasdaq Composite leading the losses as Omicron fears escalated with the healthcare authorit...

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