Market updates

US stocks march on, lifted by business optimism
September 24, 2021 07:52 AM AEST | By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic o...

US stocks rebound on Fed's economic assessment
September 23, 2021 07:55 AM AEST | By Sanjeeb BaruahBenchmark US indices reclaimed grounds on Wednesday, September 22, after a steep selloff in the previous two sessions, boosted by the Federal Reserve&...

US markets close mixed as defensive stocks lead gains
September 22, 2021 07:16 AM AEST | By Sanjeeb BaruahBenchmark US indices closed mixed on Tuesday, September 21, after healthcare, energy, and technology stocks led gains in intraday trading buoyed by po...

US markets close in red, dragged down by energy, financial stocks
September 21, 2021 07:49 AM AEST | By Sanjeeb BaruahAll benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Eve...

US stocks close in a sea of red as tax hike fears grow
September 18, 2021 07:09 AM AEST | By Sanjeeb BaruahUS stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dra...

US stocks retreat after mixed economic data
September 17, 2021 07:37 AM AEST | By Sanjeeb BaruahBenchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment ben...

US stocks gallop ahead after deals, product launches lift sentiments
September 16, 2021 08:14 AM AEST | By Sanjeeb BaruahAll benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top...

US stocks drift after inflation data
September 15, 2021 08:10 AM AEST | By Sanjeeb BaruahBenchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the...
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US stocks close mixed as lawmakers mull tax hike
September 14, 2021 08:09 AM AEST | By Sanjeeb BaruahBenchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spen...

US stocks edge lower on inflation data
September 11, 2021 11:13 AM AEST | By Sanjeeb BaruahBenchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose...

US stocks retreat after jobless claims data
September 10, 2021 08:10 AM AEST | By Sanjeeb BaruahBenchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the l...

US markets close in red as delta variant spells trouble
September 09, 2021 08:04 AM AEST | By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks....

US stocks drift on slow pace of economic recovery
September 08, 2021 08:00 AM AEST | By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up af...

US stocks end mixed on weak jobs data
September 04, 2021 07:13 AM AEST | By Sanjeeb BaruahBenchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy...

Energy stocks lift US indices higher after OPEC OKs production hike
September 03, 2021 08:06 AM AEST | By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with...

US stocks slip on consumer confidence data
September 01, 2021 08:08 AM AEST | By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 31, after blue-chip technology stocks retreated amid coronavirus fears and new economic data show...

S&P 500, Nasdaq extend gains on tech boost
August 31, 2021 07:58 AM AEST | By Sanjeeb BaruahBlue-chip S&P 500 and tech-heavy Nasdaq Composite continued their gains on Monday, August 30, from the previous week’s record closes after t...

S&P 500, Nasdaq close at record highs after Powell's dovish remark
August 28, 2021 07:19 AM AEST | By Sanjeeb BaruahThe S&P 500 and tech-heavy Nasdaq closed the trading week at all-time highs on Friday, August 27, after Federal Reserve Chairman Jerome Powell cau...

US stocks drift on Fed's taper concerns, mixed economic data
August 27, 2021 07:45 AM AEST | By Sanjeeb BaruahThe benchmark US stock indices slipped on Thursday, August 26, after mixed economic data and concerns over Fed's likely tightening of its asset-buying...

US markets extend gains as tech, financial stocks rise
August 26, 2021 07:54 AM AEST | By Sanjeeb BaruahAll major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 an...