Stocks are off to another mixed start on Wall Street as more gains for Big Tech companies offset weakness elsewhere in the market. The S and P 500 was up 0.3 per cent in the early going on Friday, on track for its fourth weekly gain in a row. A day earlier the bechmark index closed 20 per cent above its October low, entering a new bull market. The Nasdaq composite added 0.7 per cent and the Dow Jones Industrial Average was just barely higher with a gain of less than 0.1 per cent. Chipmaker Nvidia rose another 2 per cent. European markets were lower and Asian markets closed higher overnight. European shares declined on Friday after a day of gains in Asia following Wall Street's return to bull market status. France's CAC 40 lost 0.4 per cent to 7,198.50 while Germany's DAX slipped 0.3 per cent to 16,886.40. Britain's FTSE 100 shed 0.4 per cent to 7,572.16. The future for the Dow Jones Industrial Average shed 0.2 per cent and the contract for the S and P 500 future was down 0.1 per ..
AP and Equilar conducted a compensation survey of the S&P 500 companies
India is the best performing market in May so far with a 2.8 per cent rally in Nifty as against the negative returns in European markets and just 1 per cent return in S&P 500. The performance of other emerging markets also is lacklustre.
AI-hungry investors have propelled shares of Nvidia Corp., which makes the chips needed for complex AI computing tasks, up by 96% this year
The Nasdaq joined the S&P 500 in the red, while defensive stocks helped buoy the Dow into positive territory, while 10-year Treasury yields extended their decline, touching levels last seen in Sept
NEW YORK/LONDON (Reuters) - The S&P 500 inched lower on Tuesday after the previous session's gains while Treasury yields rose with gold for a second consecutive day with investors still wary of banks and the economy in the absence of strong positive catalysts.
The brutal rout in the lender's stock, which began on Thursday, spilled over into other US and European banks, with the episode spreading concern about hidden risks in the sector
As bellwether stocks, Nike and Fedex promise healthy estimates; Micron dampens holiday spirit
With the benefit of hindsight, India's stealth bull market is underpinned by some strong positives. The most important of these is earnings growth across different sectors
It was a stock reversal for the ages: A near-uniform plunge followed by an everything rally made for a dizzying day on Wall Street.
The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red
Apple down 4% on move to drop iPhone production boost; US 10-yr Treasury yields ease from 12-year highs; Biogen soars on landmark Alzheimer's data
The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall
Most global markets have staged a smart recovery since their June 2022 lows. The S&P BSE Sensex has outperformed its peers with a rise of around 13 per cent since then
Welcome to the worst month of the year for Wall Street. Since 1950, September has brought an average loss of 0.5 per cent for the S and P 500. That's 10 times worse than the next-worst month, February. September is also the only month of the year over that span to turn in a loss more often than a gain. Other months see the S and P 500 rise more than three times out of five. Stretch the horizon even further, back to 1928 to include a world war, the Great Depression and completely different types of economies, and September is still the most frequent stinker for Wall Street. No clear reason explains September's struggle, though many hypotheses try. One suggests the return of many professional investors from summer vacations may add to the selling pressure, for example. Last year, the S and P 500 fell 4.8 per cent in September for its first loss in eight months. At the time, worries were brewing about when the Federal Reserve would take its foot off the economic stimulus ...
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat
US retail sales flat in July; core sales rise; retailer Target's quarterly profit slumps
China cuts key rates as economic data disappoints; energy shares down as oil tumbles on demand worries; yields slip on renewed global slowdown concerns
US producer prices fall in July, underlying inflation slows; Disney tops Netflix on streaming subscribers, shares jump; US weekly jobless claims rise for second straight week