Us Stocks

Stock Market Highlights, sept 24

Wall Street falls on banking crisis worries; First Republic Bank tumbles

Indexes down: Dow 0.63%, S&P 0.36%, Nasdaq 0.25%

SVB chief Greg Becker sold $3.6 mn in stock days before bank's failure

The sale of 12,451 shares on Feb. 27 was the first time in more than a year that Becker had sold shares in parent company SVB Financial Group, according to regulatory filings

SVB crisis sends jitters through startup world: Here's what we know

Santa Clara-based SVB Financial Group announced that it sold $21 billion of securities from its portfolio. SVB Financial Group also said it was holding a $2.25 billion share sale to shore up finances

Maintain exposure to US funds in face of recent underperformance

Your portfolio will benefit from geographical diversification; long-term returns of these funds are good

US stocks fall broadly with more losses; S&P 500 ends worst year since 2008

Stocks fell in afternoon trading on Wall Street on Friday as major indexes close out a dismal year with lingering concerns about stubbornly hot inflation and a potential recession. The S&P 500 fell 0.7 per cent as of 12:01 pm Eastern. The index, which is considered a benchmark for the broader market by investors, is on track to end 2022 with a 20 per cent loss. That would mark its worst loss since the financial crisis 14 years ago. The Nasdaq composite fell 0.7 per cent and is on track for a much steeper annual loss of 33.5 per cent. The index is faring much worse this year because it is heavily made up of technology stocks that have been leading the broader market slump. The Dow Jones Industrial Average fell 210 points, or 0.6 per cent, to 33,007. It is on track for a 9.4 per cent loss this year. There was scant corporate or economic news for Wall Street to review on the last trading day of the year. Tesla stabilized from steep losses earlier in the week, though it is still on ...

Oil rises on tight US stocks as winter festivities, holiday travel hits

Demand worries, however, stemming from China's COVID-19 surge and fears of a global recession may keep oil futures in check

Wall Street's $43-trn stock trading to see major overhaul in over a decade

The regulator wants to reduce the rebates that exchanges can offer brokers in their own bid to pull more trades onto those platforms

Markets may bottom out soon, but a sustained recovery is unlikely: Nomura

A sustained recovery in Asian markets, Nomura said, will largely depend on how the Covid situation and the ensuing curbs put in place to combat the pandemic in China plays out going ahead

Oil prices tick up in volatile trade as US stocks fall on tight market

Oil prices rose slightly on Wednesday amid plenty of caution as bullish signals like falling U.S. crude stocks and a generally undersupplied market were countered

US stocks will lead the way out of current wave of market turmoil: Survey

Only 7% of the respondents saw the US becoming the first economy to crack

Wall Street slides as earning season starts with profit drop for big banks

Dow Jones Industrial Average was down 191.91 points, or 0.64%, at 29,846.81, the S&P 500 was down 47.10 points, or 1.28%, at 3,622.81

Fading rate hike relief pushes stocks lower, oil up after jobs report

US stocks tumbled on Friday after a stronger than expected jobs report lowered odds the Federal Reserve will ease its rate-hiking spree

US stocks fall after two-day winning spree; Dow Jones, Nasdaq slip over 1%

The yield on benchmark 10-year Treasuries, had surged to 3.7408 per cent

Invest in US funds, gold to fulfil child education goal amid rupee plunge

Travellers may switch to destinations against whose currencies the rupee has gained

World stocks muted, Sweden kicks off salvo of central banks' rate hikes

Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come.

Broad-based rally lifts Sensex 578pts, Nifty above 17,800; pharma stks lead

CLOSING BELL: Besides, the Nifty Auto and Private Bank indices advanced 1.7 per cent each

Bridgewater's Ray Dalio expects stocks to fall 20% if rates rise to 4.5%

Dalio's bearish view further ignites concerns about valuations in US stocks

World shares mostly higher after wobbly yield of gains on Wall Street

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street. Germany's DAX added 0.4 per cent to 13,075.05 while the CAC 40 in Paris edged 0.1 per cent higher to 6.230.03. Britain's FTSE 100 climbed 0.6 per cent to 7,320.71. The futures for the S and P 500 and the Dow industrials were up 0.3 per cent. A report on inflation at the wholesale level released on Wednesday showed that prices are still rising rapidly, with pressures building underneath the surface, even if overall inflation slowed. It echoed a report on inflation at the consumer level on Tuesday, which raised expectations for interest-rate hikes and triggered a rout for markets. Investors worry rate hikes by the Federal Reserve to cool surging prices could go too far in slowing the US economy and send it into a recession. The Fed is trying to avoid that outcome, but the latest inflation reports suggest that is becoming a more difficult task. But markets appeared to have

Wall Street edges higher after rout on rate hike worries; Tesla up 1.5%

Traders price in 37% chance of 100 bps rate hike next week; Starbucks projects strong profit growth over next three years