- September 28, 2022 01:48 PM PDT
- Rupam Roy
- September 26, 2022 01:54 PM PDT
- Rupam Roy
Growth stocks lift Wall Street ahead of Fed's rate decision
- June 15, 2022 07:45 AM PDT | Reuters
Highlights: Indexes up: Dow 1.04%, S&P 1.29%, Nasdaq 1.66%. Fed rate decision due 2 p.m. ET. Nucor climbs on upbeat profit forecast. Wall Street's main indexes climbed more than 1% on Wednesday, boosted by gains in beaten-down growth ...Read More...
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
- June 14, 2022 01:55 PM PDT | 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 assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....Read More...
Wall Street set to rebound after Monday's rout
- June 14, 2022 07:19 AM PDT | Reuters
Highlights: Futures up: Dow 0.39%, S&P 0.59%, Nasdaq 0.91%. Oracle rises as sales, profit top estimates on cloud boom. Continental Resources jumps on buyout proposal from founder. U.S. stocks were set for a rebound on Tuesday after a ...Read More...
S&P in bear market as stocks resume losses; COIN, RIOT fall sharply
- June 13, 2022 01:56 PM PDT | 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 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
- 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
- June 10, 2022 02:04 PM PDT | 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, 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
- 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
- June 09, 2022 02:12 PM PDT | 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 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
- 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
- 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...