Page 18 - Wall Street

Asian markets mixed after Wall Street decline, coronavirus unease

Asian stock markets were mixed Thursday after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus's omicron variant. Tokyo and Sydney fell while Hong Kong and Seoul advanced. Shanghai was unchanged. Wall Street's benchmark S&P 500 index ended down 1.2% on Wednesday after gaining 1.9% earlier in the day. That was despite surveys showing US hiring and factory activity in November were better than expected. Markets were sliding when the White House announced the discovery of the first omicron case in the United States. It is unclear whether omicron is more dangerous than other variants, but governments have responded by tightening travel controls, fuelling unease about the outlook for a global economic recovery. The latest data painted an optimistic picture for economic conditions, but that seems to be taking a backseat as the omicron variant can potentially shift the landscape, Yeap Jun Rong of IG said in a report. The Shanghai Composite Index .

Wall Street turns red as Omicron reaches US; Dow Jones falls 460 points

All three indexes breach key technical levels; Salesforce falls on disappointing profit forecast

Wall Street ends lower as taper acceleration worries pile onto virus angst

The Dow Jones Industrial Average fell 652.22 points, or 1.86%, to 34,483.72

Tech rally lifts Wall Street from Omicron-driven slump; Dow up 129 pts

Travel, energy stocks bounce from recent lows; Nasdaq leads gains, tech demand seen strong

US stocks start higher, regaining footing after Friday slump; S&P up 1.1%

Stocks are opening with broad gains on Wall Street Monday as markets regain their footing following a big stumble on Friday on worries about the spread of the new variant of the coronavirus. Signs of fear in the market also ebbed as traders regained their appetite for riskier assets. The S&P 500 rose 1.1%, and the tech-heavy Nasdaq clawed back 1.3%. Both fell more than 2% on Friday. Crude oil prices jumped 6.7% and bond yields climbed back. European markets were also higher, while Asian markets closed mostly lower. The yield on the 10-year Treasury note rose to 1.56%.

Equities, oil prices, US Treasury yields all drop on Covid variant fears

Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months

Dow falls over 2% as new Covid-19 variant spooks investors; Nasdaq down 1%

The S&P 500 was down 86.05 points, or 1.83%, at 4,615.41 and the Nasdaq Composite was down 214.71 points, or 1.36%, at 15,630.52

Wall Street: Dow Jones plunges 800 pts on fears over new Covid variant

The S&P 500 is down 1.4% in early trading, heading for its worst fall since late September

New Covid variant spooks markets; Sensex ends 1,688-pts lower at 57,107

The stocks witnessed their biggest intra-day fall since April 12, 2021, and also their biggest weekly fall since January 29, 2021

Sensex gains 454pts, Nifty reclaims 17,500; RIL up 6%, ITC, Infy end firm

Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions

Wall Street ends higher; Treasury yields hold near highs after Fed minutes

Emerging markets stocks fell 0.18%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.31 points or 0.2%

Wall Street shares mixed as traders position for rate hikes, oil jumps

European shares slumped to a three-week low during their biggest daily loss in nearly two months as a resurgence in COVID-19 cases raised fears of tighter restrictions.

Nasdaq, S&P 500 end down after hitting record highs; Microsoft falls 1%

The Dow Jones Industrial Average ended slightly higher

S&P, Nasdaq hit record highs after Powell nomination seen as safe bet

Financials rally on rate hike expectations; Nasdaq hits second consecutive record high

Nasdaq closes above 16,000 for the first time; Dow Jones down again

Travel stocks slump as European Covid cases rise; Stay-at-home stocks gain

Europe's Covid-19 lockdown rattles Wall Street, boosts safe-havens

Wall Street opened the day mixed, with the tech-heavy Nasdaq posting a record open but the blue-chip Dow dipping on fears the economic recovery could stall.

Asian shares soar after Wall Street hits record, Japan inflation eases

Asian stock markets were mostly higher Friday after Wall Street hit a record and Japanese inflation eased. Market benchmarks in Shanghai, Tokyo and Sydney advanced. Hong Kong declined. Wall Street's benchmark S&P 500 index advanced 0.3%, putting it on track for a weekly gain. Investors are shifting focus from corporate earnings to the longer-term outlook for global economies and whether central banks might feel pressure to cool rising prices by rolling back stimulus faster than planned. Inflation is currently the main focal area for the markets, Fawad Razaqzada of ThinkMarkets said in a report. On Friday, Japan's government reported October consumer inflation eased to 0.1% over a year earlier from the previous month's 0.2%. The Shanghai Composite Index rose 0.3% to 3,531.26 and the Nikkei 225 in Tokyo gained 0.4% to 29,718.62. The Hang Seng in Hong Kong sank 1.7% to 24,878.87. The Kospi in Seoul advanced 0.4% to 2,958.64 and Sydney's S&P-ASX 200 added 0.2% to 7,391.60. New ...

Asian shares decline after stock indexes shuffle lower on Wall Street

Asian shares mostly declined Thursday after stock indexes shuffled lower on Wall Street. Japan's benchmark Nikkei 225 dipped 0.7% to 29,490.53 in early trading. Australia's S&P/ASX 200 edged up 0.2% to 7,381.40, while South Korea's Kospi slipped 0.6% to 2,944.52. Hong Kong's Hang Seng dropped 1.7% to 25,227.83. The Shanghai Composite shed 0.5% to 3,520.77. Recent government data have shown the coronavirus pandemic continues to hurt the Japanese economy. A supply crunch in chips and other parts needed to produce autos, a mainstay of the world's third-largest economy, is one reason. The damage to consumer spending brought on by recent government measures to close restaurants early and open theaters to limited crowds is another factor. Japan has never had a lockdown but has called periodically for a state of emergency to curb the spread of infections. Junichi Makino, chief economist for SMBC Nikko Securities, said the Japanese recovery that many initially expected to get started this

Stocks dip amid inflation woes, oil drops on concerns of oversupply, demand

The prospects of speedier interest rate hikes from the Federal Reserve and ongoing supply chain disruptions weighed on Wall Street, while oil dropped on concerns of oversupply and dwindling

Wall Street opens down, dollar up as investors mull U.S. rate hikes

All three major US stock indices opened the trading day lower