Market updates


 US stocks extend rally as rate fear wanes; GME, SGEN, BBBY rise

US stocks extend rally as rate fear wanes; GME, SGEN, BBBY rise

July 08, 2022 06:40 AM AEST | By Rupam Roy

Wall Street indices closed the session higher on Thursday, July 7, as investors bet that the Federal Reserve may turn dovish with the interest rate hi...

 US stocks rebound after Fed minutes, oil drops; RFP, AMZN rise

US stocks rebound after Fed minutes, oil drops; RFP, AMZN rise

July 07, 2022 07:03 AM AEST | By Mridul Gogoi

US stocks recouped in the closing hours after trading lower for most of the session on Wednesday, July 6, as Fed’s minutes from its last meeting re-en...

 Amazon (AMZN) to take 2% stake in US food delivery company Grubhub

Amazon (AMZN) to take 2% stake in US food delivery company Grubhub

July 07, 2022 01:13 AM AEST | By Mridul Gogoi

Amazon to get 2% stake in Grubhub to boost the struggling company.

 US stocks end mixed as recession fear looms; TSLA, WBD rise

US stocks end mixed as recession fear looms; TSLA, WBD rise

July 06, 2022 06:23 AM AEST | By Rupam Roy

US stocks closed mixed as investors are anticipating that the central bank's aggressive stance to tame inflation could tip the economy into recession.

 Wall Street advances, led by healthcare, consumer stocks; KSS, MU fall

Wall Street advances, led by healthcare, consumer stocks; KSS, MU fa...

July 02, 2022 07:22 AM AEST | By Rupam Roy

The US stocks started on a positive note in the third quarter, with growth stocks rallying the most.

 Wall Street ends worst first half in decades; WBA, STZ decline

Wall Street ends worst first half in decades; WBA, STZ decline

July 01, 2022 08:24 AM AEST | By Rupam Roy

The US stocks ended the first half on a negative note, with the Wall Street indices notching their highest first-half percentage declines in decades.

 US indices close mixed after Powell's comment; BBBY, CCL decline

US indices close mixed after Powell's comment; BBBY, CCL decline

June 30, 2022 07:17 AM AEST | By Rupam Roy

The US stocks end mixed after Jerome Powell reiterated that the US economy is strong enough to tackle the interest rate hikes.

 Wall Street extends losses on mixed economic data; QCOM, OXY rise

Wall Street extends losses on mixed economic data; QCOM, OXY rise

June 29, 2022 06:53 AM AEST | By Rupam Roy

US stocks edged lower for the second straight day as investors anticipate that the economic growth may slow down in the second half of the year.

 US stocks retreat as rate worries haunt again; COIN, SAVE decline

US stocks retreat as rate worries haunt again; COIN, SAVE decline

June 28, 2022 07:17 AM AEST | By Rupam Roy

US stocks edged lower on Monday as concerns over the red-hot inflation and tightening monetary stimulus by the Federal Reserve dampened the market mar...

 Wall Street notches first weekly gain since May; MSFT, NVDA soar

Wall Street notches first weekly gain since May; MSFT, NVDA soar

June 25, 2022 09:04 AM AEST | By Mridul Gogoi

US indices snap three consecutive weekly declines to close higher on Friday.

 US stocks advance after energy, tech-led gains; NEE, AAPL rise

US stocks advance after energy, tech-led gains; NEE, AAPL rise

June 24, 2022 08:02 AM AEST | By Mridul Gogoi

US stocks gained on Thursday after a steep decline the day before.

 Wall Street recoils after Powell hints at recession; AAPL, MSFT fall

Wall Street recoils after Powell hints at recession; AAPL, MSFT fall

June 23, 2022 08:32 AM AEST | By Mridul Gogoi

Major US indexes edged lower on Wednesday, June 22, after Fed Chair Jerome Powell told a Congressional panel that as a soft landing is difficult, a re...

 Wall Street rebounds after worst week; SAVE, XOM, AAPL rally

Wall Street rebounds after worst week; SAVE, XOM, AAPL rally

June 22, 2022 08:01 AM AEST | By Mridul Gogoi

US indices ended higher on Tuesday after a worst week in two years.

 US stocks end mixed after tech rally; SGEN, MRNA surge

US stocks end mixed after tech rally; SGEN, MRNA surge

June 18, 2022 07:09 AM AEST | By Rupam Roy

Benchmark US indices closed the week mixed on Friday, June 17, as mega-cap growth stocks rallied, shaking off the negative sentiments about inflation...

 US stocks edge lower on recession fears; TSLA, KR, JBL decline

US stocks edge lower on recession fears; TSLA, KR, JBL decline

June 17, 2022 06:46 AM AEST | By Rupam Roy

Benchmark US indices fell sharply on Thursday, June 16, pulled down by mega-cap tech stocks as investors’ concerns grew over a possible recessio...

 Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar

Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar

June 16, 2022 06:56 AM AEST | By Rupam Roy

Wall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994...

 Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise

Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL r...

June 15, 2022 06:55 AM AEST | By Rupam Roy

Wall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assemble...

 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

June 14, 2022 06:56 AM AEST | By Rupam Roy

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 thi...

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

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

June 11, 2022 07:04 AM AEST | By Rupam Roy

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, trigg...

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

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

June 10, 2022 07:12 AM AEST | By Rupam Roy

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...

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