Market updates

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 Wednes...

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 earn...

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 case...

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....

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 pe...

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 post...

US indices slip, weighed down by technology, consumer stocks

July 28, 2021 08:01 AM AEST | By Sanjeeb Baruah

Benchmark US indices drifted from their recent gains on Tuesday, July 27, dragged down by technology and consumer stocks, even as Q2 earnings reports...

Wall Street stocks end flat ahead of big tech earnings week

July 27, 2021 07:48 AM AEST | By Sanjeeb Baruah

US stocks closed flat on Monday, July 26, as investors seemed to have taken a break ahead of a busy earnings week with many big technology giants like...

US benchmarks end week in green as tech stocks rise

July 24, 2021 06:41 AM AEST | By Sanjeeb Baruah

All major US stock markets closed the week on a positive note on Friday, July 23, as the mega-cap technology and consumer stocks rallied, lifting the...

US stocks end flat after spike in jobless benefits claims

July 23, 2021 07:34 AM AEST | By Sanjeeb Baruah

US stocks closed flat on Thursday, July 22, after two consecutive sessions of solid gains as investors weighed a sudden spike in unemployment benefits...

US stocks surge on robust earnings reports

July 22, 2021 07:47 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lift...

US market rebounds, closes higher

July 21, 2021 07:58 AM AEST | By Team Kalkine Media

Benchmark US indices snapped Monday’s losses to close higher on Tuesday, July 20. Wall Street had witnessed a broad selloff yesterday amid conce...

US stocks decline over fears of rising COVID cases

July 20, 2021 07:38 AM AEST | By Team Kalkine Media

Benchmark US indices edged lower on Monday, July 19, amid concerns over the Covid-19 cases. Investors sold off airline and cruise stocks fearing that...

US stocks end lower after retail sales boost

July 17, 2021 07:14 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed the week lower on Friday, July 16, as losses in cyclical stocks eclipsed the gains in growth stocks after the commerce dep...

S&P, NASDAQ retreat as growth stocks slip

July 16, 2021 07:54 AM AEST | By Sanjeeb Baruah

The blue-chip S&P 500 and tech-heavy NASDAQ Composite closed lower on Thursday, July 15, weighed down by technology, energy, and consumer discreti...

US stocks edge higher on Powell's dovish testimony

July 15, 2021 07:43 AM AEST | By Sanjeeb Baruah

Benchmark US indices closed higher on Wednesday, July 14, after Fed chief Jerome Powell reiterated at a Congressional hearing that inflation is transi...

US stocks close flat on inflation data

July 14, 2021 07:53 AM AEST | By Sanjeeb Baruah

US stocks traded flat on Tuesday, July 13, after the latest government data showed that inflation surged at an annual rate of 5.4% in June, the highes...

US stocks close higher as focus shifts to quarterly earnings

July 13, 2021 07:56 AM AEST | By Sanjeeb Baruah

All major US stock markets closed higher on Monday, July 12, ahead of the quarterly earnings reports and new economic data due to be released this wee...

US markets draw the curtain on a topsy-turvy week with positive note

July 10, 2021 07:06 AM AEST | By Sanjeeb Baruah

Benchmark US indices recovered the previous day’s losses to end the week on a high note on Friday, July 9, with the S&P 500 notching another...

Wall Street stocks retreat on economic concerns

July 09, 2021 07:46 AM AEST | By Sanjeeb Baruah

All major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the heal...