Market updates

Wall Street resumes losses as tech stocks hammered; BNTX, SOPA rally

May 10, 2022 06:56 AM AEST | By Rupam Roy

Benchmark US indices extended their slide for a third straight session on Monday, May 9, with the S&P 500 slipping to its lowest level since April...

Wall Street retreats after mixed job data; CI, TU rally

May 07, 2022 07:51 AM AEST | By Rupam Roy

Benchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed j...

US indices drop on more rate hike fears; SHOP, Wayfair, ETSY fall

May 06, 2022 07:56 AM AEST | By Rupam Roy

Wall Street’s main indices fell sharply on Thursday, May 5, the biggest drop since the early days of the pandemic as investors feared a steep ra...

US stocks rise after Fed's half-point rate hike; MRNA, SBUX, LTHM ra...

May 05, 2022 06:50 AM AEST | By Rupam Roy

Wall Street indices climbed higher on Wednesday, May 4, following the Federal Reserve's announcement of its widely anticipated half-point interest rat...

US stocks close higher as Fed meets on rate hike; PFE, BP, WDC rally

May 04, 2022 07:08 AM AEST | By Rupam Roy

Wall Street indices closed higher on Tuesday, May 3, as the Federal Reserve began its two-day policy meeting in which officials are expected to delibe...

US stocks close higher after yields rise to 3-year high; SAVE, ATVI...

May 03, 2022 07:40 AM AEST | By Rupam Roy

US stocks closed higher on Monday, May 2, after yields on 10-year Treasury notes jumped 3%, the highest increase in more than three years. The S&...

US indices fall sharply after tech route; AMZN, AAPL, ABBV decline

April 30, 2022 08:57 AM AEST | By Rupam Roy

US stocks closed the week in the red on Friday, April 29, after the quarterly results of big tech companies like Amazon.com Inc and Apple Inc failed t...

US indices close higher on tech boost; AAPL, AMZN, XOM rally

April 29, 2022 08:51 AM AEST | By Team Kalkine Media

All three major US indices closed the session higher on Thursday, April 28, after mega-cap technology stocks rallied, bolstered by first-quarter earni...

Dow, S&P close higher on strong earnings; MSFT, Visa, TMUS rally

April 28, 2022 06:57 AM AEST | By Rupam Roy

Dow Jones and S&P 500 edged higher while Nasdaq closed flat on Wednesday, April 27, as strong quarterly earnings of Microsoft Corp and Visa Inc li...

US stocks retreat ahead of big earnings; TSLA, GE, UPS decline

April 27, 2022 06:54 AM AEST | By Rupam Roy

Wall Street’s main indices edged lower on Tuesday, April 26, ahead of the earnings of big companies like Microsoft and Alphabet as investors wei...

US stocks rise after Twitter nod to Musk's buyout offer; KO rallies

April 26, 2022 06:55 AM AEST | By Rupam Roy

Benchmark US indices closed the first day of the week on a positive note on Monday, April 26, after Twitter board agreed to Elon Musk’s US$44 bi...

Wall Street edge lower on weak earnings; SNAP, VZ, GPS decline

April 23, 2022 06:53 AM AEST | By Rupam Roy

Benchmark US indices closed the week lower on Friday, April 22, as weak earnings and the relentless fall in growth stocks weighed on investors' minds....

US stocks retreat after Powell's speech; TLSA, UAL, AT&T rally

April 22, 2022 07:05 AM AEST | By Rupam Roy

US stock drifted lower on Thursday, April 21, after Fed Chair Jerome Powell signaled more rate hikes to come as early as next month to curb the high i...

US stocks close mixed after weak Netflix results; IBM, PG stocks ral...

April 21, 2022 07:04 AM AEST | By Rupam Roy

Wall Street closed mixed on Wednesday, April 20, after growth stocks took a beating following Netflix's disappointing quarterly results the day before...

US stocks edge higher on earnings optimism; JNJ, IBM, AAL rally

April 20, 2022 07:37 AM AEST | By Rupam Roy

Benchmark US indices closed higher on Tuesday, April 19, as better-than expected quarterly results lifted investors’ sentiments. The S&P 50...

US stocks retreat, yields jump; BAC, TSLA rally

April 19, 2022 06:52 AM AEST | By Rupam Roy

Wall Street’s main indices edged lower on Monday, April 18, after bond yields climbed to a fresh three-year high in anticipation of the Federal...

US stocks slip on mixed bank earnings; AAPL, MSFT, NVDA decline

April 15, 2022 07:02 AM AEST | By Rupam Roy

Wall Street’s main indices closed lower on Thursday, April 14, as rising yields and mixed bank earnings weighed on mega-cap stocks ahead of an e...

Wall Street closes higher as earnings season kicks in; DAL, AAL, TSM...

April 14, 2022 07:10 AM AEST | By Rupam Roy

Benchmark US indices closed higher on Wednesday, April 13, as a new earnings season set in and growth stocks salvaged some of their recent losses as i...

US indices close lower on mixed global cues; NVDA, MSFT among top lo...

April 09, 2022 07:08 AM AEST | By Team Kalkine Media

US stocks closed lower on Friday, April 8, dragged down by technology, consumer-cyclicals, and industrial segments after a lacklustre session clouded...