Market Updates

US stocks close in a sea of red as tax hike fears grow

 US stocks close in a sea of red as tax hike fears grow

US 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 dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...

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

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

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...

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Nasdaq, S&P 500 close higher on tech gains

Nasdaq, S&P 500 close higher on tech gains

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...

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US stocks edge higher on inflation data

US stocks edge higher on inflation data

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...

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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

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...

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US stocks close flat on oil slide, covid fears

US stocks close flat on oil slide, covid fears

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...

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

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

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...

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US stocks rise on jobless claims data

US stocks rise on jobless claims data

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...

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US stocks slip on weak jobs data

US stocks slip on weak jobs data

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...

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US markets edge higher on earnings optimism

US markets edge higher on earnings optimism

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...

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US markets end flat; consumer, healthcare stocks gain

US markets end flat; consumer, healthcare stocks gain

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 ...

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