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Page 10 - Wall Street

Wall Street inches higher as Meta earnings offset GDP gloom; Dow up 90 pts

The slump in output reflected a wider trade deficit and moderate pace of inventory accumulation

Wall Street inches higher as Meta earnings offset GDP gloom; Dow up 90 pts
Updated On : 28 Apr 2022 | 8:22 PM IST

Asian shares logged moderate gains after wobbly day on Wall Street

The US Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets

Asian shares logged moderate gains after wobbly day on Wall Street
Updated On : 28 Apr 2022 | 12:52 PM IST

US, European shares advance as euro dives to lowest since 2017

The euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland, and investors fretted more about the region's economy

US, European shares advance as euro dives to lowest since 2017
Updated On : 28 Apr 2022 | 8:44 AM IST

Chipotle sees quarterly sales above Wall Street view amid strong demand

The burrito chain forecast comparable restaurant sales growth of 10% to 12% for the current quarter, compared with estimates of an 8.8% growth, according to IBES data from Refinitiv

Chipotle sees quarterly sales above Wall Street view amid strong demand
Updated On : 27 Apr 2022 | 7:24 AM IST

Fears of global slowdown hit global equities, EU stocks, commodity prices

Asian markets had suffered their worst day in over a month overnight on fears that Beijing was about to go back into a Covid-19 lockdown

Fears of global slowdown hit global equities, EU stocks, commodity prices
Updated On : 26 Apr 2022 | 6:43 AM IST

Wall Street rises on strong earnings from Tesla, airlines; Dow up 250 pts

The world's most valuable automaker jumped 9% after its results beat Wall Street expectations as higher prices helped it overcome supply-chain chaos and rising costs

Wall Street rises on strong earnings from Tesla, airlines; Dow up 250 pts
Updated On : 21 Apr 2022 | 9:06 PM IST

Wall Street mixed as Nasdaq drags, bond yields dip after recent surge

US Treasury yields dipped after hitting three-year highs on Wednesday as buyers emerged. Benchmark 10-year yields were last at 2.8455%, after reaching 2.981% overnight, the highest since Dec. 2018

Wall Street mixed as Nasdaq drags, bond yields dip after recent surge
Updated On : 21 Apr 2022 | 9:09 AM IST

Earnings boost Wall Street while economic growth fears sink oil prices

Of the 49 companies in the S&P 500 that have reported quarterly earnings as of Tuesday, nearly 80% have topped profit estimates, per Refinitiv data

Earnings boost Wall Street while economic growth fears sink oil prices
Updated On : 20 Apr 2022 | 9:24 AM IST

Wall Street higher on earnings hopes, oil prices drop on growth fears

Brent crude was last down 4.87% at $107.65 a barrel, while U.S. crude was last down 4.91% at $102.9 per barrel

Wall Street higher on earnings hopes, oil prices drop on growth fears
Updated On : 20 Apr 2022 | 6:25 AM IST

Wall Street, bond yields head higher as global growth hopes trimmed

Wall Street opened higher on Tuesday and bond yields continued to swing upward as Russia's invasion of Ukraine weighed on global growth expectations

Wall Street, bond yields head higher as global growth hopes trimmed
Updated On : 19 Apr 2022 | 10:07 PM IST

Wall Street closes lower as bond yields jump on growth concerns

A significant cut to global growth expectations from the World Bank, paired with March weakness in China's latest economic numbers injected some pessimism into US markets

Wall Street closes lower as bond yields jump on growth concerns
Updated On : 19 Apr 2022 | 6:24 AM IST

Wall Street up, US Treasury surges as investors eye earnings, global growth

Stocks were up in early trading, with the Dow Jones Industrial Average rising 0.22%, the S&P 500 climbing 0.25% and the Nasdaq Composite up 0.23%

Wall Street up, US Treasury surges as investors eye earnings, global growth
Updated On : 18 Apr 2022 | 10:35 PM IST

US stocks dip, bond yields climb, dollar rises on policy concerns

The pan-European STOXX 600 index rose 0.67% and MSCI's gauge of stocks across the globe shed 0.35%

US stocks dip, bond yields climb, dollar rises on policy concerns
Updated On : 14 Apr 2022 | 11:22 PM IST

Wall Street mixed at open as investors eye Musk, Twitter drama

Stocks are mixed at the open on Wall Street Thursday as investors again turn their attention to the drama surrounding Elon Musk and Twitter. Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. Twitter rose 2.2% to $46.87 in early trading. The S&P 500 rose less than 0.1% while the Nasdaq fell 0.4%. The Commerce Department said retail sales rose 0.5% in March, boosted by higher prices for gasoline, as consumers continue to spend despite high inflation. The price of oil fell more than 1%. The yield on the 10-year Treasury rose to 2.74% from 2.72%. World shares were mostly higher Thursday after China indicated its central bank will ease reserve requirements for lenders to counter the blow to its economy from pandemic shutdowns in big cities like Shanghai. London slipped while Paris, Frankfurt, Tokyo and Shanghai gained. U.S. futures were mixed and oil prices fell. Trading was relatively quiet with some Asian markets

Wall Street mixed at open as investors eye Musk, Twitter drama
Updated On : 14 Apr 2022 | 8:23 PM IST

Asian shares track Wall Street higher as US Treasury yields stabilise

Asian markets including Hong Kong, Singapore and Australia are on holiday on Friday for Easter, as are major European and U.S. markets.

Asian shares track Wall Street higher as US Treasury yields stabilise
Updated On : 14 Apr 2022 | 9:32 AM IST

Wall St ticks higher as recovery in growth stocks offsets mixed earnings

Delta Air Lines jumps on profit forecast; BlackRock up after profit beats estimates, JPMorgan down after profit falls 42%

Wall St ticks higher as recovery in growth stocks offsets mixed earnings
Updated On : 13 Apr 2022 | 8:30 PM IST

Wall Street gains as growth stocks rebound after inflation data

The Labor Department's report showed consumer prices shot up to 8.5% in 12 months through March, slightly higher than estimated 8.4%, although the so-called core CPI fell short of estimates at 6.5%

Wall Street gains as growth stocks rebound after inflation data
Updated On : 12 Apr 2022 | 9:35 PM IST

Wall Street gains as growth stocks rebound after inflation data

The Dow Jones Industrial Average was up 243.93 points, or 0.71%, at 34,552.01, the S&P 500 was up 48.24 points

Wall Street gains as growth stocks rebound after inflation data
Updated On : 12 Apr 2022 | 8:51 PM IST

Stocks fall on Wall Street, led by slump in tech companies

Stocks fell in afternoon trading on Wall Street Monday as the market extends a losing streak from last week. The S&P 500 fell 1.2 per cent as of 12:01 pm Eastern. The Dow Jones Industrial Average fell 189 points, or 0.6 per cent, to 34,530 and the Nasdaq fell 1.8 per cent. Both the benchmark S&P 500 and the Nasdaq are coming off their first weekly loss in four weeks. Technology stocks fell broadly and were the biggest weights on the market. Microsoft fell 3.7 per cent and Apple shed 2 per cent. Energy stocks were among some of the biggest losers as they followed oil prices lower. US crude oil prices fell 3.7 per cent and Exxon Mobil slumped 3.1 per cent. Oil prices remain volatile amid Russia's invasion of Ukraine, which has put more pressure on global energy supplies. Global oil prices are up just over 25 per cent for the year, though they have been easing somewhat throughout April. Industrial companies and banks held up better than the rest of the market. Boeing rose 1.1 per

Stocks fall on Wall Street, led by slump in tech companies
Updated On : 11 Apr 2022 | 11:21 PM IST

Wall St update: Nasdaq slides 1% as surging yields hit growth stocks

Hip stocks have been among the worst casualties of the tech sell-off, down 22% so far this year compared to the 13.5% decline in Nasdaq

Wall St update: Nasdaq slides 1% as surging yields hit growth stocks
Updated On : 11 Apr 2022 | 8:33 PM IST