Wall Street Stocks

In the previous session, both indices closed in the red. Sensex declined 110.64 points or 0.14 per cent to settle at 77,580.31, while Nifty50 ended at 23,532.70, losing 26.35 points or 0.11 per cent

Microsoft gains after new share buyback plan, dividend hike

Stocks are drifting on Wall Street Friday after a report showed inflation is slowing, though not quite as much as hoped. The S&P 500 was 0.2% lower in morning trading after earlier shifting between very small gains and losses. The Dow Jones Industrial Average was down 86 points, or 0.3%, at 33,695, as of 10:19 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Stocks around the world had earlier weakened after a U.S. government report showed prices getting paid at the wholesale level were 7.4% higher in November than a year earlier. That's a slowdown from October's rate of 8.1%, but it was nevertheless slightly worse than economists expected. The nation's high inflation, along with the Federal Reserve's economy-crunching response to it, have been the main reasons for Wall Street's painful tumble this year. Stocks have recovered some of their losses recently, as inflation has slowed since hitting a peak in the summer. But it remains painfully high, raising the risk that ...

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

The S&P 500 has entered correction territory, as investors reacted to Russian President Vladimir Putin's decision to order troops to breakaway regions of Ukraine, escalating tensions and raising fears of a full-scale invasion, Market Watch reported.

S&P 500 futures were up 0.55% in Asian trade, after U.S. President Joe Biden left the door open to diplomacy as he announced sanctions on two Russian banks and some elites close to President Vladimir

Europe's STOXX 600 was down 0.9%, Nasdaq and S&P 500 futures were down 0.7% and 0.5% respectively

A pan-European equity index opened more than 1% higher, U.S. stock futures rallied and Japan's blue-chip Nikkei rose 0.3%, buoyed by Wall Street's overnight gains

The prospect of faster or larger US interest rate hikes helped push the dollar to its highest levels since July 2020.

Strategists have underestimated S&P 500 rally, see tepid 2022

Wall Street scored its biggest week since June as strong retail sales boosted the risk appetite of equity market investors, despite surging inflationary pressures on the US economy.The S & P 500, which groups the top 500 US stocks, and the tech-heavy Nasdaq Composite both rose about 2% each for the week while the broad-based Dow Jones Industrial Average rose 1%.It was a second straight week of gains for the three indexes, putting a floor under a market that had a wobbly start for the fourth quarter as inflation from rallying commodity prices led to sharp swings in stocks since the start of October.Friday's run-up came after US retail sales numbers for September released by the Commerce Department showed a growth of nearly 14% on the year and a steady monthly expansion of 0.7% since August.Economists polled by US media had expected a monthly decline of 0.2% for September retail sales due to challenges from the coronavirus pandemic, especially inflation. But almost every key sector .

The Dow Jones Industrial Average rose 10.10 points, or 0.04%, at the open to 27,701.59

The rally was also helped by easing demand for safe-haven government bonds, with investors looking for bargains in beaten-down stocks after three weeks of declines

Oil prices were down about half a per cent after Trump criticized OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated

The 10-year US Treasury yield was at 2.766 percent after touching a near two-month low of 2.743 percent after Wednesday's strains on Wall Street

A mere 0.4 per cent rise in Apple led the three indexes higher

Shares of Apple fell 1.7 percent and was on track to post its biggest two-day decline since June

The Nasdaq Composite was up 12.29 points, or 0.19%, at 6,440.95

S&P 500, Dow on course to snap a 2-week losing streak; Nasdaq poised for 1st week gain

Trump may end free trade with Canada, Mexico and aim to revamp the Nafta by early 2018