Dow down 0.74%, S&P 500 down 0.51%, Nasdaq unchanged
Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure
GE rises on lifting 2021 earnings forecast; UPS jumps as results beat on e-commerce demand
Revenue growth for Azure, the company's flagship cloud-computing business, came in at 48% in constant currency to beat analysts' estimates of 47.5%
Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants
Overall, companies representing 46% of the S&P 500's market value are due to post quarterly results next week, according to Goldman Sachs.
On the day, MSCI's broadest gauge of global shares was flat, and the S&P 500 and Nasdaq ended lower
Intel slammed after Q3 sales miss; Facebook falls on Apple privacy worries
Stock market LIVE: Financial shares helped limit the losses, while IT, metal and FMCG shares weighed on the benchmark indices; Midcap, Smallcap indices decline over a per cent each
Stock market LIVE: The broader markets also ended with notable losses as profit-taking continued for the third straight trading session, amid valuation and inflation concerns
Pandemic-era liquidity, speculative bets & hopes of wider adoption fuel surge
Business Standard brings you the top stories from today
Global stock markets were mixed Wednesday after Wall Street advanced on strong corporate earnings and Japanese exports weakened. London and Shanghai declined while Tokyo and Frankfurt advanced. The future for Wall Street's benchmark S&P 500 index was off less than 0.1% after five days of gains. Market sentiment remains decidedly positive, said Jeffrey Halley of Oanda in a report. Investors watched for inflation updates from Britain and some other European governments amid concern central banks might feel pressure to hike interest rates sooner than planned or roll back stimulus. In early trading, the FTSE 100 in London lost less than 0.1% to 7,210.74. The DAX in Frankfurt rose 0.2% to 15,552.62 while the CAC 40 in Paris declined less than 0.1% to 6,667.52. On Wall Street, the future for the Dow Jones Industrial Average was up less than 0.1%. On Tuesday, the S&P 500 rose 0.7% to within 0.4% of its Sept. 2 all-time high. The Dow and the Nasdaq composite advanced less than ...
Stock market LIVE: All sectoral indices barring telecom ended in the the negative zone; Declining stocks out-numbered advancing shares in the ratio 2:1 on the BSE
Dow Jones Industrial Average rose 199.36 points, or 0.57%, to 35,457.97
The market breadth also favoured sellers amid profit-booking in the broader markets. The BSE MidCap and SmallCap indices ended nearly 2 per cent down each
Disney slips as Barclays downgrades to 'equal weight'; energy shares gain as Brent crude tops $85
Stock market LIVE: The markets marched higher for the seventh straight day on the back of upbeat sentiment and hopes of strong Q2 by India Inc. Metals, PSU banks and sugar stocks logged smart gains
The Fed has been buying up government-backed bonds since March 2020, adding $4 trillion to its balance sheet, as part of an emergency response to the COVID-19 pandemic.
Wall Street scored its biggest week since June as strong retail sales boosted the risk appetite of equity market investors, despite surging inflationary pressures on the US economy.The S & P 500, which groups the top 500 US stocks, and the tech-heavy Nasdaq Composite both rose about 2% each for the week while the broad-based Dow Jones Industrial Average rose 1%.It was a second straight week of gains for the three indexes, putting a floor under a market that had a wobbly start for the fourth quarter as inflation from rallying commodity prices led to sharp swings in stocks since the start of October.Friday's run-up came after US retail sales numbers for September released by the Commerce Department showed a growth of nearly 14% on the year and a steady monthly expansion of 0.7% since August.Economists polled by US media had expected a monthly decline of 0.2% for September retail sales due to challenges from the coronavirus pandemic, especially inflation. But almost every key sector .