Page 3 - Us Stock Market

S&P closes slightly higher after Fed minutes feed stable rate view

The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike

SoftBank Group-backed Compass valued at $8.22 billion in NYSE debut

Shares of SoftBank Group Corp-backed Compass Inc jumped 18% in their stock market debut on Thursday after being priced at the lower end of the reduced initial public offering (IPO) price range

S&P 500 rides Microsoft, Amazon to record close north of 4,000

Unofficially, the Dow Jones Industrial Average rose 0.53% to end at 33,155.85 points, while the S&P 500 gained 1.19% to 4,020.07.

Stock markets start new fiscal on a high, Sensex reclaims 50,000-level

IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, Sun Pharma, Bajaj Finance, and UltraTech Cement were prominent gainers

Biden proposes $2 trillion 'once-in-a-generation' investment in US economy

"It's a once-in-a-generation investment in America, unlike anything we've seen or done," Biden said in Pittsburgh

S&P 500 hits record high ahead of Joe Biden's spending plan outline

The size and scale of the proposal, as well as the question of how it would be paid for is likely to set the stage for the next partisan clash in Congress.

Wells Fargo says no losses from Archegos downfall

(Reuters) - Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and it did not experience any losses related to the closing of its exposure.

US SEC says it's been monitoring Archegos fallout since last week

"We have been monitoring the situation and communicating with market participants since last week," an SEC spokesperson said in emailed statement

Sensex, Nifty jump over 2% to record highest increase in 2 months

Sensex leaps 1,128 points to reclaim 50,000, Nifty rises 338 points as it moves near 15,000-mark

Bonds on watch

Inclusion in global indices would demand higher fiscal standards

Wall Street rises on tech rebound; Tesla gains

NEW YORK (Reuters) - U.S. stocks rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.

Is global turbulence likely?

The US Fed has learned from the "taper tantrum", and will carefully choreograph words and deeds in the coming years

Facebook lifts S&P 500 and Nasdaq as US Treasury yields pause

Reversing a recent trend, so-called growth stocks mostly outperformed value stocks viewed as more likely to outperform as the economy recovers from the coronavirus pandemic

Wall Street ends sharply lower, hit by bond yields and Covid-19 worries

Losses in US stocks accelerated after France's prime minister imposed a month-long lockdown on Paris and several other regions due to the health crisis

Fed's Jerome Powell faces political test on bank capital relief issue

On March 31, an emergency pandemic regulatory relief measure that for the past year has allowed Wall Street banks to hold less loss-absorbing capital against certain assets is due to expire

Fed sees growth surge, jump in inflation this year but no change on rates

Fed sees 2021 GDP growth of 6.5%, unemployment at 4.5%; Powell says worst economic outcomes of pandemic avoided

Powell says Fed will announce update on SLR exemption in coming days

An exemption on the "supplemental leverage ratio" was put in place at the start of the coronavirus pandemic to encourage big banks to lend and support bond and short-term funding markets

Tech stocks lift S&P 500, Nasdaq as Federal Reserve meeting kicks off

Apple biggest boost to S&P 500, Nasdaq; retail sales drop more than expected in Feb

Bain Capital-owned Diversey aims for $6.38 billion valuation in US IPO

Diversey is seeking to raise up to $970 million in its IPO from selling about 46.2 million shares priced between $18 and $21 apiece, according to the company's filing

Winter storms hammer US manufacturing production in February

Manufacturing production dropped 3.1% last month, also weighed down by a global semiconductor shortage, the Federal Reserve said on Tuesday