Page 24 - Wall Street
Global shares mostly rise, momentum fizzles on coronavirus worries
Global shares mostly gained Tuesday, boosted by a near-record rise on Wall Street, although the momentum began to fizzle over worries about the economic fallout from surging coronavirus infections in Asia. France's CAC 40 was little changed, inching down less than 0.1per cent to 6,682.28 in early trading, while Germany's DAX added 0.2per cent to 15,884.33. Britain's FTSE 100 slid 0.1per cent to 7,103.75. U.S. shares were set to drift higher with Dow futures gaining nearly 0.2per cent to 35,334.00. S&P 500 futures were up 0.2per cent at 4,485.75. Japan's benchmark Nikkei 225 rose 0.9per cent to finish at 27,732.10. South Korea's Kospi gained 1.6per cent to 3,138.30. Australia's S&P/ASX 200 rose 0.2per cent to 7,503.00. Hong Kong's Hang Seng added 2.5per cent to 25,727.92, while the Shanghai Composite was up 1.1per cent at 3,514.47. Some parts of Asia have had slower vaccine rollouts than the U.S. and Europe and are at a greater risk for the more contagious delta ...
 "Global shares mostly rise, momentum fizzles on coronavirus worries")
Asian stocks rally on extended Wall Street bounce, easing Fed taper worries
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.2%, with Japan and South Korean indexes jumping more than 1%. Australia shares were up 0.2% and Taiwan stocks rose 0.7%.
 "Asian stocks rally on extended Wall Street bounce, easing Fed taper worries")
Wall Street rebounds as banks, energy surge; Dow up 230 pts
Trillium nearly triples on Pfizer's $2.26 bn deal; GM to take $1 bn hit on expanded Bolt EV recall, shares slip
 "Wall Street rebounds as banks, energy surge; Dow up 230 pts")
Sensex gains after 2-day hiatus, ends 226 pts up; broader indices decline
Sectorally, the Nifty IT index advanced 2 per cent while the Nifty Auto index tumbled 1.5 per cent
 "Sensex gains after 2-day hiatus, ends 226 pts up; broader indices decline")
Wall Street just as baffled about markets as it was last year
Sky-high valuations and the S&P 500's 100% rally from the pandemic low add to the difficulties facing strategists.
 "Wall Street just as baffled about markets as it was last year")
Wall St Week Ahead: Investors stick to stocks, but gear up for bumpier ride
Signs of caution abound, even as U.S. stocks hover near record highs.
 "Wall St Week Ahead: Investors stick to stocks, but gear up for bumpier ride")
Equity market has run its course, Nifty to hit 15,000 by Dec 2021: BofA
A Wall Street brokerage has warned of a 9% near-term correction for the equity market, saying the street has only limited runway to continue the rally that began in the second half of last year
Wall Street slides on concern over weak retail data, Delta spread
Wall Street opened sharply lower as investors digested data showing U.S. retail sales fell more than expected in July
IT, FMCG stocks lift Sensex 210 pts up, Nifty tops 16,600; metals drag
The Nifty Metal index skidded 2.5 per cent
 "IT, FMCG stocks lift Sensex 210 pts up, Nifty tops 16,600; metals drag")
Nervous S&P 500 traders bet the market's best days are behind it
Even strategists lifting year-end targets warn of bumpy ride
 "Nervous S&P 500 traders bet the market's best days are behind it")
Wall Street muted on jobs growth as inflation, Delta variant fears weigh
A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus
 "Wall Street muted on jobs growth as inflation, Delta variant fears weigh")
Wall Street pushes US stocks, oil prices higher on promising data
US stocks and oil prices rebounded as unemployment claims declined and the trade deficit widened, positive economic data in the face of rising Covid-19 cases and signals of declining Fed stimulus
Sensex up 873 pts at 53,823; Nifty near 16,150; BSE m-cap tops Rs 240 trn
Amid a steep rally, investors got richer by Rs 2.4 trillion, BSE data showed
 "Sensex up 873 pts at 53,823; Nifty near 16,150; BSE m-cap tops Rs 240 trn")
Wall St: S&P 500 nears record high on stimulus hopes, strong earnings
Senate unveils $1 trillion infrastructure bill; Square rises on $29 billion Afterpay deal
Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead
In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade
 "Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead")
US stock markets slip, dollar has worst week in almost two months
Investors sold Amazon stock as the online retailer revenue of $113 billion in the second quarter was $2 billion shy of analysts' forecasts.
Sensex gyrates 376 pts, ends 66 pts down; Sun Pharma zooms 10%, Tech M 7%
Domestic equities witnessed sharp profit booking in the fag end of the session as European stocks slipped in early trade and US stock futures hinted at a muted start on Wall Street later today
 "Sensex gyrates 376 pts, ends 66 pts down; Sun Pharma zooms 10%, Tech M 7%")
Asian shares lower after Wall Street rebound on US growth data
Japan reported relatively strong economic data for the previous quarter, before the government began tightening coronavirus restrictions as cases surged.
 "Asian shares lower after Wall Street rebound on US growth data")
Merck sees recovery in non-Covid vax demand, quarterly sales beat estimates
(Reuters) - Merck & Co reported quarterly revenue on Thursday that topped Wall Street estimates, as sales of its Gardasil vaccine bounced back and demand for blockbuster cancer drug Keytruda remained strong.
 "Merck sees recovery in non-Covid vax demand, quarterly sales beat estimates")
F&O expiry: Sensex gains 209 pts; Nifty Metal index zooms 5%, PSB index 3%
Tata Steel (up 6.8 per cent), Bajaj twins, SBI, HCL Tech, and Sun Pharma were the top gainers on the Sensex today
 "F&O expiry: Sensex gains 209 pts; Nifty Metal index zooms 5%, PSB index 3%")
