Page 11 - Us Markets

Cathie Wood's Ark ETF sees 91% of holdings tumble in tech rout

Hardest hit in the portfolio listed in the fund's May 7 holdings disclosure were two biotech stocks.

Dow hits all-time high as materials, energy stocks jump; Nasdaq down 1.3%

Energy stocks rise on US fuel supply disruption fears; tech-heavy Nasdaq Composite Index declined for the first time in three sessions amid the growing anxiety over inflation

S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries

(Reuters) - The S&P 500 and the Dow Jones Industrials hit record highs on Friday, while the technology-heavy Nasdaq index jumped after weak U.S. jobs data eased worries about the Federal Reserve reducing its massive stimulus program anytime soon.

Archegos prepares for insolvency as banks seek $10-bn compensation: Report

Global banks had lost $10 billion after highly leveraged bets from the family office on media stocks like ViacomCBS turned sour.

World shares near record high, euro upbeat on Fed decision, earnings

In Europe, euro Stoxx futures were steady and Britain's FTSE 100 traded up 0.2%.

Credit Suisse board member Gottschling to exit after Archegos debacle

Credit Suisse emerged as the big loser in global investment banks' race to exit trading positions as Archegos collapsed

As US capital gains tax hike looms, wealthy seek ways to soften the blow

Wealthy Americans have deluged their advisers and accountants with calls for advice on how to avoid being caught by the potential increase.

As small-cap stocks lag, Wall Street worries about broad slowdown

Wall Street is also bracing for the Biden administration's expected proposal to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.

Bitcoin jumps as much as 8%, on course to snap five days of declines

The cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month.

Global Markets: Stocks start week in upbeat mood as recovery bets dominate

The broader Euro STOXX 600 gained 0.23%

S&P 500, Nasdaq higher after factory data; Amex, Honeywell results hit Dow

Eight out of the 11 major S&P 500 sectors traded higher in the first half hour of trading

Mega-cap stocks fall after Netflix begins the day with poor earnings

Shares of mega-cap firms, including Apple, Amazon.com, Facebook and Tesla, fell between 0.3 per cent and 1.8 per cent

S&P 500, Dow slip as focus turns to tech firms' quarterly earnings

Chipmaker Intel Corp is slated to report results on Thursday.

Dogecoin's $50-billion market cap makes it bigger than Ford and Kraft

Meanwhile, other cryptocurrencies have been mired in a slump as euphoria from Coinbase Global Inc.'s listing wears off

S&P 500, Dow hit record highs on earnings boost from big banks

Nine of the 11 S&P indexes were trading higher

Morgan Stanley burned by $911 million hit on Archegos Capital blowup

Loss dents record results driven by surge in dealmaking

Indices end choppy day in the green; Sensex up 28 pts; Wipro soars 9%

Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer on the Nifty after clocking its best performance in Q4 in a decade

Gold prices hover near seven-week peak as US bond yields decline

U.S. gold futures eased 0.1% to $1,763.80.

S&P 500, Dow hit record highs on upbeat earnings, strong retail sales

BlackRock edges higher as quarterly profit beats estimates; PepsiCo up as it bets on higher soda sales

Futures fall on report United States will halt J&J's coronavirus vaccine

Futures on the S&P 500 fell and small cap contracts lost almost 1%