Market Updates

US stock market closed lower as PPI fell in July; DIS rose, USFD stable

 US stock market closed lower as PPI fell in July; DIS rose, USFD stable

US Market summary; US stock market lower on Thursday

Read More...
S&P in bear market as stocks resume losses; COIN, RIOT fall sharply

S&P in bear market as stocks resume losses; COIN, RIOT fall sharply

US stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...

Read More...
S&P 500 slants towards a bear market over looming fears of recession

S&P 500 slants towards a bear market over looming fears of recession

  • June 13, 2022 08:08 AM PDT
  • Reuters

Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. The benchmark index is more than 20% be...

Read More...
Wall Street falls sharply after CPI data; DOCU, NFLX plummet

Wall Street falls sharply after CPI data; DOCU, NFLX plummet

US indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, triggering a panic selloff in growth stocks. The S&P 500 fell 2.91% to 3,900.86. The Dow Jones decre...

Read More...
Wall St unnerved as hot inflation sparks fears of more combative Fed policy

Wall St unnerved as hot inflation sparks fears of more combative Fed policy

  • June 10, 2022 07:16 AM PDT
  • Reuters

U.S. stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that inflation is peaking and fanning worries about more aggressive steps by the Federal Reserve to tame it. All the 11 major S&P sectors traded...

Read More...
US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decline

US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decline

Wall Street’s main indices closed lower on Thursday, June 9, as rising bond yields and downbeat sentiments over a possible adverse CPI data due this week weighed on the mega-cap growth stocks. The S&P 500 fell 2.38% to 4,017.82. The Dow Jo...

Read More...
Wall St slips as growth stocks struggle amid rising bond yields

Wall St slips as growth stocks struggle amid rising bond yields

  • June 09, 2022 06:35 AM PDT
  • Reuters

Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes. Nine...

Read More...
US SEC chief unveils plan to overhaul Wall Street stock trading

US SEC chief unveils plan to overhaul Wall Street stock trading

  • June 09, 2022 02:19 AM PDT
  • Reuters

The top U.S. securities regulator on Wednesday unveiled a planned overhaul of Wall Street retail stock  trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best p...

Read More...
Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall

Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall

US stocks drifted lower on Wednesday, June 8, pulled down by technology shares as inflation, rising oil prices, and rate woes weighed on investors’ sentiment ahead of May CPI data. The S&P 500 fell 1.08% to 4,115.77. The Dow Jones was down...

Read More...
Wall Street opens lower as tech-driven rally eases

Wall Street opens lower as tech-driven rally eases

  • June 08, 2022 06:50 AM PDT
  • Reuters

Highlights: US stocks opened lower as technology and growth stocks rally eased. The Dow Jones Industrial Average fell 93.07 points. The S&P 500 and Nasdaq Composite opened lower by 13.56 points and 27.95 points, respectively. Wall Str...

Read More...
US stocks recover after Target's (TGT) margin warning; KSS, PLAY surge

US stocks recover after Target's (TGT) margin warning; KSS, PLAY surge

US stocks bounced back to close higher on Tuesday, June 7, after starting in the red on a downbeat retail outlook following Target Corp's (TGT) margin warning for the second quarter. The S&P 500 rose 0.95% to 4,160.68. The Dow Jones was up 0.80%...

Read More...