Market updates

US Markets end week in red, Dow Jones down 500 points
June 19, 2021 07:30 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week in red on Friday, June 18, with Dow Jones diving to its lowest level since January, as Americans marked the Juneteenth Holiday to commemorate the end of slavery some 155 years ago. The S&P 500 was down 1.31%...

US markets close flat as stocks slip on inflation fears
June 18, 2021 08:24 AM AEST| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...

US Markets Close Lower As Tech, Telecom Stocks Retreat
May 19, 2021 08:15 AM AEST| By Team Kalkine MediaUS stock markets retreated for the second day on Tuesday despite some advances made by technology stocks to hold off the slide as inflation woes continued to weigh on investors' mind. The S&P 500 was down 0.85% to 4,127.83. The Dow Jones shed 0....

US Stock Markets Slip On Fears Of Rising Inflation, Rate Hike
May 18, 2021 07:50 AM AEST| By Team Kalkine MediaAll major benchmark US stock indices edged lower on Monday, May 17, dragged down by blue-chip and technology stocks as concerns over rising inflation in the US weighed on the investors' mind. The S&P 500 was down 0.25% to 4,163.29. The Dow Jones...

US Markets End Higher After Volatile Week; Tech, Energy Stocks Advance
May 15, 2021 07:17 AM AEST| By Team Kalkine MediaAll major US stock indexes closed higher on Friday, ending a volatile week that saw a steep decline in the blue-chip and technology stocks amid a positive economic outlook. The S&P 500 rose 0.52% to 3909.52. The Dow Jones Industrial Average gain...
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US Stock Market Rebounds From Wednesday’s Slump
May 14, 2021 08:29 AM AEST| By Team Kalkine MediaThe benchmark U.S. stock indexes S&P 500, Dow Jones, and the NASDAQ Composite staged a comeback on Thursday, May 13, snapping a three-day losing streak. The blue-chip index Dow Jones gained 434 on Thursday while S&P 500 and tech-savvy NASDAQ...
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US Stock Market Tumbles As Inflation Peaks 13 Year High
May 13, 2021 07:47 AM AEST| By Team Kalkine MediaAll the major U.S. stock market benchmark indexes plunged on Wednesday, May 12, as the consumer price index in April saw the highest growth in 13 years. The higher inflation data has sparked concerns among the investors over the possibility of the F...

US Stock Market Retreats Ahead Of Inflation Data
May 12, 2021 08:33 AM AEST| By Team Kalkine MediaThe U.S. stock market benchmark indexes Dow Jones Industrial Average and S&P 500 closed lower on Tuesday, May 11, while NASDAQ Composite Index ended almost flat ahead of the inflation data. The Dow Jones lost 473 points on Tuesday while S&P...

Technology Stocks Drag Down US Market
May 11, 2021 08:22 AM AEST| By Team Kalkine MediaThe NASDAQ Composite Index plunged on Tuesday while S&P 500 and Dow Jones Industrial Average declined to close lower from their records set on Friday as technology shares dropped on all three indexes. Shares of technology giants Amazon.Com Inc....
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US Markets End Higher After April Jobs Data
May 08, 2021 07:47 AM AEST| By Team Kalkine MediaUS stock indexes closed higher on Friday as markets saw a bullish trend across all sectors through the day after the latest labor data showed that the employment rate has marginally dropped in April. The Dow Jones rose 0.66 percent to 34,777.76, the...

Dow Jones Rallies To New Record High As All Sectors Rise
May 07, 2021 08:10 AM AEST| By Team Kalkine MediaAll major U.S. stock indexes closed higher on Thursday, May 6, with Dow Jones climbing to a new record high as all sectors rose amid a brightening economy. The blue-chip index gained 318 points while S&P 500 and tech-savvy NASDAQ added 34 points...

Dow Jones, S&P 500 Close Higher As Energy Stocks Rally
May 06, 2021 08:43 AM AEST| By Team Kalkine MediaThe U.S. stock market benchmark indexes Dow Jones Industrial Average and S&P 500 ended higher on Wednesday, May 5, following a strong rally in energy stocks. However, tech-savvy NASDAQ Composite Index continued its decline and closed lower. The...

NASDAQ, S&P 500 End Lower Weighed Down By Tech Stocks
May 05, 2021 08:30 AM AEST| By Team Kalkine MediaU.S. stock market benchmark indexes NASDAQ Composite and S&P 500 closed lower on Tuesday, May 4, amid sell-off in the technology sector. However, Dow Jones managed to gain 20 points. Tech-savvy NASDAQ Composite lost 262 points and S&P lost 28...

S&P 500, Dow Jones Close Higher; NASDAQ Ends Lower
May 04, 2021 08:27 AM AEST| By Team Kalkine MediaMajor U.S. stock market benchmark indexes S&P 500 and Dow Jones Industrial Average closed higher on Monday, while NASDAQ Composite Index ended lower. Stocks in the basic material, energy and healthcare sectors performed well on S&P 500 and Do...
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Wall Street Closes Lower As Energy, Technology Stocks Fall
May 01, 2021 08:04 AM AEST| By Team Kalkine MediaMajor U.S. stock market benchmark indexes closed lower on Friday, April 30, as shares in the energy and technology sectors were on downward trajectory. Stocks of technology giants including Amazon, Apple, Alphabet and Facebook were in the red. The S...

US Stocks End Higher On Strong Corporate Earnings, GDP Growth
April 30, 2021 07:56 AM AEST| By Team Kalkine MediaAll the major U.S. stock market benchmark indexes closed higher on April 29 following strong earnings update from corporates including Apple and Facebook, and the data on GDP expansion for the first three months of the year. The S&P 500 gained 2...

S&P Ends Flat As Fed Keeps Rates Near Zero; Dow, Nasdaq Decline
April 29, 2021 08:30 AM AEST| By Team Kalkine MediaS&P 500 ended Wednesday’s session at around yesterday’s closing range after the Federal Reserve decided to maintain its interest rates near zero. The index had rallied to its intraday record before slipping, while the Dow Jones Indust...

S&P 500, Dow Jones End Flat Amid Tech Earnings Blowout
April 28, 2021 07:41 AM AEST| By Team Kalkine MediaThe U.S. benchmark indexes S&P 500 and NASDAQ Composite declined marginally on April 27, staying close to their records set on the previous day. The Dow Jones Industrial Average closed flat as investors looked for earnings update from big tech co...

S&P 500, NASDAQ Close at New Records Ahead Of Major Tech Earnings
April 27, 2021 08:09 AM AEST| By Team Kalkine MediaThe U.S. stock market benchmark indexes S&P 500 and NASDAQ Composite Index ended higher on Monday, April 26, marking new closing records ahead of the major earnings. S&P 500 gained 7 points and tech-savvy NASDAQ surged 122 points. However, t...

US Stocks Rebound, S&P 500 Ends the Week Flat
April 24, 2021 08:36 AM AEST| By Team Kalkine MediaThe major U.S. stock market benchmark indexes - the S&P 500, Dow Jones Industrial Average and NASDAQ Composite Index - bounced back on Friday, April 23, from Thursday’s slump following the news on President Joe Biden’s proposal for a...