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Market updates
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US stocks close in red amid inflation concerns
October 13, 2021 09:20 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, October 12, dragged down by bluechip technology and healthcare stocks as investors trudged cautiously amid inflation concerns. The S&P 500 fell 0.24% to 4,350.65. The Dow Jones fell 0.34% to 34...
US stocks drift on skyrocketing oil prices, inflation worries
October 12, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Monday, October 11, dragged down by losses in utility, healthcare, and technology stocks amid rising global oil prices that renewed inflation concerns. The S&P 500 was down 0.69% to 4,361.19. The Dow Jones fe...
US markets close week flat on weak jobs data, inflation
October 09, 2021 08:02 AM AEDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
US stocks rally on Senate debt-ceiling extension deal
October 08, 2021 09:00 AM AEDT| By Sanjeeb BaruahUS stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...
US stocks edge higher after weak start in early trade
October 07, 2021 08:50 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, October 6, as stocks recovered following a weak start to the trading day and bullish sentiments rose after lawmakers sealed a debt-ceiling deal. The S&P 500 was up 0.41% to 4,363.55. The Dow Jones...
US stocks edge higher as big tech firms reap gains
October 06, 2021 08:54 AM AEDT| By Sanjeeb BaruahBenchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...
US markets retreat as technology stocks dip
October 05, 2021 08:37 AM AEDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
US markets close higher as tech, energy stocks gain
October 02, 2021 07:02 AM AEST| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
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US stocks close in red on gloomy economic outlook
October 01, 2021 07:45 AM AEST| By Sanjeeb BaruahUS stocks closed the session in red on Thursday, September 30, as the Delta virus threat painted a gloomy picture for the economy, and investors stayed away from risky bets. The S&P 500 fell 1.19% to 4,307.54. The Dow Jones fell 1.59% to 33,843....
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US stocks wrap up day mixed as defensive sectors gain
September 30, 2021 07:11 AM AEST| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, September 29, after consumer staple and utility stocks posted strong gains amid fears of a slowdown in economic recovery. The S&P 500 was up 0.16% to 4,359.46. The Dow Jones rose 0.26% to 34,390.72...
US indices close in red as tech, consumer stocks slump
September 29, 2021 07:42 AM AEST| By Sanjeeb BaruahBenchmark US indices closed in red on Tuesday, September 28, after broad losses across stock segments and investors weighed weak consumer confidence data, raising concerns about an economic slowdown. The S&P 500 was down 2.04% to 4,352.63. The D...
Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
September 28, 2021 07:15 AM AEST| By Sanjeeb BaruahDow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose...
US indices close week mixed, weighed down by tech stocks
September 25, 2021 07:44 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...
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 outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...
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’s positive economic assessment. The S&P 500 was up 0.95% to 4,395.64. The Dow Jones rose...
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 positive income expectations. The S&P 500 fell 0.08% to 4,354.19. The Dow Jones fell 0.15% to 33,...
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 Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...
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 dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...
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 benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...
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 companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones...
