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Market updates
US stocks close week flat after inflation report
December 11, 2021 08:09 AM AEDT| By Versha JainBenchmark US indices wrapped up the last day of the trading week flat on Friday, December 10, after the latest economic data showed inflation rose to a nearly 40-year high. The S&P 500 climbed 0.96% to 4,712.05. The Dow Jones increased 0.61% to...
US stocks slip after Omicron restrictions, jobs data
December 10, 2021 08:38 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Thursday, December 9, after countries enforced new travel restrictions on Omicron concerns and jobless benefits claims fell to a record low last week. The S&P 500 slipped 0.72% to 4,667.45. The Dow Jo...
US stocks close in green for second day straight
December 09, 2021 09:08 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, December 8, after the latest economic data showed job openings increased in October, but labor shortage continued. The S&P 500 was up 0.31% to 4,701.20. The Dow Jones rose 0.10% to 35,754.75. The...
US markets close higher, turbocharged by tech, energy stocks
December 08, 2021 08:57 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, December 7, lifted by technology, energy, and consumer discretionary stocks in a turbocharged trading session. The S&P 500 was up 2.07% to 4,686.75. The Dow Jones rose 1.40% to 35,719.43. The NASDAQ...
US markets rise, lifted by energy, industrial stocks
December 07, 2021 09:20 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...
US stocks retreat after mixed jobs data
December 04, 2021 12:21 PM AEDT| By Versha JainBenchmark US indices closed lower on Friday, December 3, capping a topsy-turvy trading week marred by concerns over higher inflation and the Omicron threat overseas. The S&P 500 slipped 0.84% to 4,538.43. The Dow Jones fell 0.17% to 34,580.08. T...
US stocks rise, lifted by financial, energy stocks
December 03, 2021 08:33 AM AEDT| By Versha JainBenchmark US indices closed higher on Thursday, December 2, as stocks across all sectors, including financial, energy, healthcare, and technology, moved higher after Omicron concerns waned. The S&P 500 rose 1.42% to 4,577.10. The Dow Jones surge...
US indices close lower, weighed down by tech, financial stocks
December 02, 2021 08:32 AM AEDT| By Versha JainAll key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....
US stocks retreat on Omicron, inflation fears
December 01, 2021 08:30 AM AEDT| By Versha JainUS stocks slid on Tuesday, November 30, recording one of their worst performances in recent days as concerns over the new Covid-19 variant Omicron weighed on investors’ minds. The S&P 500 was down 1.90% to 4,567.00. The Dow Jones declined...
US stocks close higher as oil prices surge, Omicron worries ebb
November 30, 2021 08:31 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, November 29, after the major stock segments saw gains amid soaring oil prices and fading concerns around the Omicron variant of Covid-19. The S&P 500 climbed 1.32% to 4,655.12. The Dow Jones was up 0...
US markets slip on new covid variant fears
November 27, 2021 08:28 AM AEDT| By Versha JainBenchmark US indices wrapped up the week on a gloomy note Friday, November 26, after concerns over a new covid variant in South Africa triggered bearish sentiments. The S&P 500 fell 2.27% to 4,594.62. The Dow Jones fell 2.53% to 34,899.34. The N...
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US stocks close flat after upbeat labor data
November 25, 2021 09:10 AM AEDT| By Rupam RoyBenchmark US indices closed flat on Wednesday, November 24, after the weekly jobless claims fell to a 52-year low and Fed minutes showed inflation to persist longer than previously thought. The S&P 500 was up 0.23% to 4,701.46. The Dow Jones fel...
US markets close mixed as tech stocks take a hit, bond yields rise
November 24, 2021 09:29 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, November 23, as technology stocks declined, and bond yields rose a day after Biden re-nominated Gerome Powell as Fed chair. The S&P 500 climbed 0.17% to 4,690.70. The Dow Jones was up 0.55% to 35,813...
US stocks slip as covid fears rise
November 20, 2021 07:31 AM AEDT| By Versha JainBenchmark US indices closed mixed on Friday, November 19, as fresh covid fears gripped the country, dragging down the energy, financial, and real estate stocks in intraday trading. The S&P 500 was down 0.14% to 4,697.96. The Dow Jones fell 0.75%...
US markets close mixed after jobs data
November 19, 2021 09:45 AM AEDT| By Versha JainBenchmark US stock indices closed mixed on Thursday, November 19, after the latest government data showed jobless claims and layoffs declined last week, showing signs of an economic recovery. The S&P 500 increased 0.34% to 4,704.54. The Dow Jone...
US stocks retreat after lacklustre session
November 18, 2021 09:00 AM AEDT| By Versha JainThe benchmark US indices closed in the red on Wednesday, November 17, after most stock segments declined in a lacklustre session. The S&P 500 declined 0.26% to 4,688.67. The Dow Jones fell 0.58% to 35,931.05. The NASDAQ Composite was down...
US stocks close higher on upbeat retail sales data
November 17, 2021 09:00 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, Nov 16, after the latest economic data showed retail sales rose to their highest level since March this year. The S&P 500 rose 0.39% to 4,700.90. The Dow Jones was up 0.15% to 36,142.22. The NASDAQ...
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US stocks close flat ahead of big retail earnings
November 16, 2021 08:54 AM AEDT| By Versha JainBenchmark US indices closed flat on Monday, Nov 15, ahead of big retail earnings this week and a positive global economic outlook increasing the bullish influence on the market. The S&P 500 closed flat at 4,682.80. The Dow Jones fell 0.04% to 36...
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US stocks close week higher as rate fears ease
November 13, 2021 11:59 AM AEDT| By Versha JainBenchmark US indices closed the week on a positive note on Friday, Nov 12, lifted by technology and basic materials stocks after the Federal Reserve said it will keep the interest rates low for now. The S&P 500 was up 0.72% to 4,642.85. The Dow...
US stocks slip as inflation rises to 30-year high
November 11, 2021 09:21 AM AEDT| By Versha JainBenchmark US indices closed in the red on Wednesday, Nov 10, after the latest economic data showed inflation rose at an annualized rate of 6.2% last month, the highest increase in 30 years. The S&P 500 was down 0.82% to 4,646.71. The...
