Market Updates

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

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

Benchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones ...

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FTSE 100 turns lower on weak GDP data

FTSE 100 turns lower on weak GDP data

UK Market: The UK stock market made a weak start to the new week, with the blue-chip FTSE 100 index losing over half a percent on Monday. Market participants turned cautious with lower-than-expected GDP numbers. Against a growth prediction of 0.2%, t...

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HAS, RWA, STEM: 3 recruitment stocks to focus now

HAS, RWA, STEM: 3 recruitment stocks to focus now

Highlights The UK-based companies hired permanent staff at their slowest pace in the month of March as firms struggled to get the right qualified candidate to fill the positions. The unemployment rate in the UK dropped to 3.9% for the three mon...

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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

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...

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UK stock market claws back, FTSE 100 gains over 1%

UK stock market claws back, FTSE 100 gains over 1%

UK Market News: The UK stock market bounced back on Friday, with the blue-chip FTSE100 index gaining over a percent. The index rebounded after two consecutive sessions of losses. Shares of the telecom service provider, Vodafone Plc (1.56%), saw buyin...

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

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

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 ...

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FTSE 100 extends decline, overlooks new energy security strategy

FTSE 100 extends decline, overlooks new energy security strategy

UK Market News: The UK stock market extended its weakness on Thursday. The blue-chip FTSE 100 index was modestly in red towards the end of the session. Investors remained are concerned because of the tightening of the US monetary policy, which may fo...

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

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

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 ...

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FTSE 100 turns lower amid US rate hike worries

FTSE 100 turns lower amid US rate hike worries

UK Market: The UK stock market turned lower on Wednesday. Traders were concerned about the aggressive US monetary policy tightening. The blue-chip FTSE 100 index has given up last session’s gains as there are hints of half a per cent rise in ra...

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

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

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...

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UK stock market turns cautious on talks of increase in sanctions on Russia

UK stock market turns cautious on talks of increase in sanctions on Russia

UK Market: The UK stock market was showing a volatile trade on Tuesday, with the blue-chip FTSE100 index turning flat in the last leg of the trade. The market participants showed some restraint on talks of the potential increase in sanctions on Russi...

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