Page 19 - Wall Street

Wall Street opening slightly higher; Hardware chain Home Depot up 4%

Stocks are opening slightly higher on Wall Street Tuesday led by gains in the consumer discretionary sector. Home Depot is leading the S&P 500 gainers after the hardware chain's sales continued to surge last quarter in a hot housing market. New data also showed Americans sharply boosted their spending last month, pushing up retail sales and giving the economy a lift. The S&P 500 and the Dow Jones Industrial Average are up 0.3% in early trading, and the Nasdaq composite rose 0.2%. Global stock markets are mixed after President Joe Biden and China's Xi Jinping held a summit meeting by video link. Tokyo, Hong Kong and Frankfurt advanced, while Shanghai declined. London and Wall Street futures were little-changed. Biden and Xi announced no agreements after their meeting but said their governments need to tread carefully amid tension over trade, Taiwan and other irritants. Biden told Xi their goal should be to ensure competition does not veer into conflict. Xi said he was ready to .

Financials, Reliance drag Sensex down 396 pts; Maruti zooms 7%, M&M 3%

Stock market LIVE: The NSE Nifty swung in a range of 174 points, and finally settled at 17,999, down 110 points

Asian stocks rise after Joe Biden, Xi Jinping hold first summit virtually

Asian stock markets rose Tuesday after President Joe Biden and China's Xi Jinping held a summit meeting by video link. Shanghai, Tokyo and Hong Kong, which make up the bulk of the region's market value, advanced. Seoul and Sydney declined. Wall Street's benchmark S&P 500 index lost less than 0.1% as makers of household goods rose and health care stocks fell. Biden told Xi their goal should be to ensure competition does not veer into conflict. The two leaders met amid tension over trade, technology, human rights, Hong Kong and Taiwan. Xi said he was ready to build consensus" and said the two sides need to improve communication. The meeting will dominate the session ahead, though White House officials have tempered expectations for any meaningful progress, said Anderson Alves of ActivTrades in a report. The Shanghai Composite Index rose 0.3% to 3,543.46 and Tokyo's Nikkei 225 added less than 0.1% to 29,783.18. The Hang Seng in Hong Kong was 1% higher at 25,658.04. The Kospi in Seou

Dollar climbs 16-month high, US stocks slip amid inflation worries

The US dollar climbed to a 16-month high Monday while US stocks slipped in midday trading after a strong opening

Wall Street opens higher on tech strength; Tesla extends losses

The Dow Jones Industrial Average rose 28.52 points, or 0.08%, at the open to 36,128.83

Wall Street slides as hot consumer prices data fans inflation fears

US consumer prices post largest year on year rise since 1990; technology, energy sectors lead early declines

Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results

Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent

World stock markets lower after Wall Street hits record again

Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day. London opened little-changed while Frankfurt, Shanghai and Hong Kong advanced. Tokyo and Sydney declined. On Wall Street, the future for the benchmark S&P 500 index was up less than 0.1%. US stocks were boosted Monday by gains for construction-related stocks after Congress last week approved a $1 trillion infrastructure bill. Meanwhile, the deputy chairman of the Federal Reserve, Richard Clarida, said conditions to raise interest rates might not be met until late next year. Traders worry a spike in inflation might prompt central banks to withdraw stimulus that helped to boost stock prices. Investors will be on the lookout for any clues that signal an adjustment to central banks' taper process and rate hikes expectations, Anderson Alves of ActivTrades said in a report. In early trading, the FTSE 100 in London lost less than 0.1% to 7,298.82 and the DAX in Frankfurt advanced 0.1% to 16,070.01.

Vedanta ADRs to delist from NYSE on thin trading volumes

Vedanta had earlier said the decision to delist American depositary shares from the New York Stock Exchange (NYSE) is aimed at simplification and triggered by the low trading volumes in the security

S&P 500 hits record on strong jobs report, Pfizer Covid-19 pill cheer

US job growth regains momentum Pfizer jumps after positive Covid-19 antiviral pill data

Wall St extends record rally on strong jobs report, Pfizer Covid pill cheer

October payrolls surge back as virus impact fades; travel stocks lead broader market gains

Wall Street edges higher after Fed unveils anticipated bond-buying 'taper'

Fed holds to view high inflation to be transitory; Dow down 0.14%, S&P up 0.15%, Nasdaq up 0.41%

Wall Street inches lower as focus shifts to Fed's taper decision

The Dow Jones Industrial Average was down 114.93 points, or 0.32%, at 35,937.70

Wall Street mints record highs, helped by strong earnings; Fed up next

Pfizer rises after Covid-19 vaccine sales outlook tops estimates

Fag-end buying in IT, banks lifts Sensex 831 pts at 60,138, Nifty at 17,930

The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent

Stocks approach historically strong period but Fed taper looms

Investors are weighing whether momentum from stock market's record-breaking rally will continue in last two months of 2021, a traditionally strong calendar period for equities

Wall Street shakes off Amazon, Apple weakness to end modestly higher

The Dow Jones Industrial Average rose 89.08 points, or 0.25%, to 35,819.56

Move over Apple, Microsoft now the world's most valuable company

Apple's Q4 revenue falls short of expectations

S&P, Nasdaq hit record closing highs on earnings bullishness

Amazon.com, Apple fall in late trade after quarterly reports; Caterpillar, Merck rise after posting higher profits

Ford Motor bucks trend, doubles Street's earnings expectations

Ford shares rose as high as $17.17 in early trading Thursday after closing Wednesday at $15.51