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Market updates
US stocks reversed course in July on earnings update; AAPL, AMZN surge
July 30, 2022 07:06 AM AEST| By Rupam RoyUS stocks ended the month on a positive note, with S&P 500 marking its best monthly performance in more than two years.
US stock edge higher after GDP data; META, PFE decline
July 29, 2022 06:48 AM AEST| By Rupam RoyUS stocks extended gains on Thursday, July 28, after Commerce Department reported that the US GDP contracted at a rate of 0.9% annually in the second quarter.
US stocks rally after Fed's rate hike decision; MSFT and GOOGL rise
July 28, 2022 07:07 AM AEST| By Rupam RoyUS stocks posted solid gains on Wednesday, July 27, after Federal Reserve announced a three-quarter of a percentage rate hike.
Wall Street continues to decline ahead of Fed's comment; WMT, and GM decline
July 27, 2022 06:51 AM AEST| By Rupam RoyUS stocks retreated on Tuesday, as investors are walking on the safer path ahead of Fed's comments on Wednesday.
US stocks close mixed ahead of Fed meeting and crucial earnings; NEM, WEBR decline
July 26, 2022 06:35 AM AEST| By Rupam RoyUS stocks closed mixed on Monday, July 25, as investors traded cautiously ahead of the major earnings and Fed's meeting.
US stocks decline after tech stock retreat; TWTR, AXP rise
July 23, 2022 06:40 AM AEST| By Rupam RoyUS stocks closed the session lower on Friday, July 22, after the social media firms reported gloomy quarterly earnings.
Wall Street rises after another set of earnings; AT&T and UAL decline
July 22, 2022 06:38 AM AEST| By Rupam RoyUS stocks extended their rally on July 21, as investors assessed another batch of positive earnings results from big companies like Tesla.
US stocks extend rally on second-quarter earnings; NFLX, OMC rise
July 21, 2022 06:50 AM AEST| By Rupam RoyUS stocks ended in the positive terriotory on Wednesday, July 20, as more earnings kicked in, lifting the market sentiments up.
Wall Street edges higher after mixed earnings results; IBM, JNJ decline
July 20, 2022 06:58 AM AEST| By Rupam RoyUS stocks edged higher on Tuesday, July 19, after more companies reported earnings that topped analysts' expectations, raising market sentiments.
Wall Street edges lower as mega-cap stocks decline; BAC, GS gain
July 19, 2022 06:50 AM AEST| By Rupam RoyUS stocks edged lower on Monday, July 18, as the investors traded cautiously before big earnings that are due to release this week.
Wall Street ends week higher on retail sales data; UNH, WFC rise
July 16, 2022 06:41 AM AEST| By Rupam RoyUS stocks edged higher on Friday, July 15, after upbeat retail sales data lifted market sentiment, reducing concerns over a recession.
US market ends mixed on weak bank earnings; JPM, MS decline
July 15, 2022 06:36 AM AEST| By Rupam RoyUS stocks closed mixed on Thursday, July 14, after the big banks reported gloomy earnings results that missed the analysts' estimates.
US stocks end lower after inflation surges again; DAL, Unity decline
July 14, 2022 06:38 AM AEST| By Rupam RoyThe US inflation has accelerated to its highest level in June since 1981, due to the rising gasoline and food costs.
Wall Street ends lower ahead of inflation data; PEP, BA, GOEV rise
July 13, 2022 06:28 AM AEST| By Rupam RoyUS stocks ended the session lower on Tuesday, as investors traded cautiously ahead of the CPI data, that is due to release on Wednesday.
US stocks retreat ahead of inflation data, big earnings; TWTR, WYNN drop
July 12, 2022 06:26 AM AEST| By Rupam RoyThe US stocks declined on Monday, as investors traded cautiously ahead of key economic data and earnings season.
Wall Street ends mixed after jobs report; GME, TWTR decline
July 09, 2022 06:40 AM AEST| By Rupam RoyUS stocks end mixed after job data that indicated the economy could be still better and insulated from the global market turbulence.
US stocks extend rally as rate fear wanes; GME, SGEN, BBBY rise
July 08, 2022 06:40 AM AEST| By Rupam RoyWall Street indices closed the session higher on Thursday, July 7, as investors bet that the Federal Reserve may turn dovish with the interest rate hikes later this year due to the increasing concerns of a recession period.
US stocks rebound after Fed minutes, oil drops; RFP, AMZN rise
July 07, 2022 07:03 AM AEST| By Mridul GogoiUS 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-endorsed its stance to step up monetary tightening, boosting investors’ confidence in the bank’s asser...
Amazon (AMZN) to take 2% stake in US food delivery company Grubhub
July 07, 2022 01:13 AM AEST| By Mridul GogoiAmazon to get 2% stake in Grubhub to boost the struggling company.
US stocks end mixed as recession fear looms; TSLA, WBD rise
July 06, 2022 06:23 AM AEST| By Rupam RoyUS stocks closed mixed as investors are anticipating that the central bank's aggressive stance to tame inflation could tip the economy into recession.
