Page 8 - Us Stocks

Dow hits record high as inflation fears recede after data

(Reuters) - The blue-chip Dow index hit a record high on Wednesday after tepid consumer prices data for February eased concerns about a spike in inflation and elevated bond yields.

Nasdaq drops at open as US stimulus fuels inflation jitters

The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell

Sensex, Nifty rebound as yield pressure eases; ONGC, UltraTech gain

The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment

GameStop rally fizzles; shares still register 151% weekly gain

(Reuters) - GameStop Corp closed 6% lower on Friday as an early rally fizzled but the stock finished the week 151% higher in a renewed surge that left analysts puzzled.

US' biggest crypto bourse Coinbase files IPO papers for Nasdaq listing

The company won't raise any proceeds in the transaction, Coinbase said in a filing with the US Securities and Exchange Commission on Thursday.

S&P 500, Nasdaq hit record closing highs amid upbeat earnings, data

Dow up 1.1%, S&P 500 up 1.1%, Nasdaq up 1.2%

S&P 500, Nasdaq open higher after strong Alphabet, Amazon quarter results

(Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon, while investors counted on more fiscal stimulus to aid an economic recovery.

Billionaire Steve Cohen quits Twitter, citing threats in GameStop uproar

The details of Cohen's holdings were not disclosed, so it was unclear if he was a short seller.

GameStop short nightmare shows few signs of becoming a contagion

Short sales have actually dwindled during the past year to the lowest level since at least 2008

Markets see worst weekly setback since May, Sensex off 7.8% from peak

FPIs sell Rs 5,931 crore on Friday, most since March

GameStop slugfest spreads to Australia as calls for probe build

In the United States, the WallStreetBets forum on Reddit that is seen as having fuelled the rallies briefly closed its doors on Wednesday as membership jumped past 4 million

Investors should rebalance exposure to US-focused funds; don't exit

Profits booked in these funds should be deployed in a diversified EM fund

Dow, Nasdaq hit record highs as focus turns to Biden's stimulus plan

Dow Jones Industrial Average rose 116.19 points, or 0.38%, to 31,178.17, Nasdaq Composite gained 81.07 points, or 0.62 %, to 13,210.89

Bull run continues: Indices on longest weekly winning streak since 2009

Sensex, Nifty hit fresh all-time highs on Friday

Wall Street sets new highs as stimulus hopes outweigh dire jobs report

The Dow Jones Industrial Average rose 28.5 points, or 0.09 per cent

Wall Street slips from record levels, additional stimulus uncertain

The Dow Jones Industrial Average fell 101.76 points, or 0.33%, to 30,302.21, the S&P 500 lost 9.84 points, or 0.26%, to 3,725.52 and the Nasdaq Composite dropped 57.54 points, or 0.45%, to 12,841.89

Wall Street hits record highs as investors keep an eye on stimulus talks

Dow Jones Industrial Average was up 10.51 points, or 0.03 per cent

Asian stocks dip after Wall Street hit record high on stimulus hope

Asian stock markets declined Friday after Wall Street hit a new high on optimism about economic stimulus and coronavirus vaccine development despite a spike in US unemployment claims. Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index gained for a third day on optimism about progress in Washington toward a new economic aid package while the government reported the highest level of new jobless claims in three months. Market action suggested investors see bad data is good news for progress toward a stimulus, said Mizuho Bank in a report. The Nikkei 225 in Tokyo lost 0.2% to 26,760.30 while the Shanghai Composite Index was down less than 0.1% at 3,403.87. The Hang Seng in Hong Kong lost 0.7% to 26,490.37. The Kospi in Seoul lost less than 0.1% to 2,770.22 and Sydney's S&P-ASX 200 sank 0.7% to 6,710.00. New Zealand, Singapore and Jakarta also retreated. Investors have been waiting since before the American presidential election Nov. 3 for ...

S&P, Nasdaq at record highs as stimulus bets offset higher jobless claims

The Dow Jones Industrial Average rose 61.46 points, or 0.20 per cent

S&P 500, Nasdaq open marginally higher on 'bumper' stimulus hopes

The S&P 500 opened higher by 1.63 points, or 0.04 per cent, at 3,696.25