Page 25 - Wall Street

Wall Street's IPO fee machine under threat after regulatory scrutiny

The heavier deal flow has provided an uptick in fees to the banks

Asia shares sit at 2021 lows ahead of Fed verdict, China steadies

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31 per cent in morning trading

Asian shares sit at seven-month lows ahead of US Fed meeting verdict

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.35% in early trading

Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%

In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.

Asian stock markets advance after Wall Street rises to new record

Asian stock markets were mostly higher Tuesday as investors looked ahead to a Federal Reserve report for an update on when US stimulus might start winding down. Shanghai, Tokyo and Seoul advanced while Hong Kong retreated. On Monday, Wall Street's benchmark S&P 500 index rose to a new record, shrugging off worries about the spread of the coronavirus's more contagious Delta variant. Investors awaited the Fed report Wednesday for signs of the central bank's level of concern about inflation and when it might start rolling back easy credit and other economic stimulus. Minutes of the Fed meeting in June showed board members discussed how and when they might reduce monthly bond purchases that inject money into the financial system. We expect Jay Powell to reiterate that the tapering discussion is underway, but that it's too soon to reveal a specific date, Danielle DiMartino Booth of Quill Intelligence said in a report. The Shanghai Composite Index gained 0.2% to 3,475.66 and the Nikkei

Wall Street enforcement to get tougher as SEC's new top cop gets to work

Former New Jersey Attorney General Gurbir Grewal starts work at the U.S. Securities and Exchange Commission (SEC) on Monday

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

Asia stocks hit 2021 lows as China skids, funds favour Wall Street

Chinese blue chips shed 4.4% to their lowest since December

Asian stocks mixed, Tokyo gains after Wall Street highs

Asian shares were mixed on Monday after stocks rallied to records on Wall Street, with the Dow Jones Industrial Average closing above the 35,000 level for the first time.

Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE

The BSE MidCap and SmallCap indices, however, underperformed the benchmarks

Asian shares dragged by Covid-19 vaccination lag, Wall Street fares better

sian share markets were in a mixed mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant

Wall St turns positive after choppy trading due to higher jobless claims

NEW YORK (Reuters) -U.S. stock markets turned positive on Thursday as investors digested data showing a two-month high in unemployment claims as the country still grapples with the pandemic, while yields on safe-haven assets such as U.S. Treasuries eased.

S&P 500, Dow fall as jobless claims rise; megacaps boost Nasdaq

The Labor Department's report showed the number of Americans filing new claims for unemployment benefits increased by 51,000 to a seasonally adjusted 419,000 in the week ended July 17.

Global markets follow Wall St higher for second day as virus fears recede

Global stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation. Market benchmarks in Frankfurt, Shanghai and Hong Kong advanced. London opened down less than 0.1 per cent. Japanese markets were closed for a holiday. Wall Street futures rose after the S&P 500 index climbed 0.8 per cent overnight. That put it on track for a weekly gain after rebounding from Monday's 1.6 per cent loss. Investors are wavering between optimism about a global recovery and unease that it might be delayed by the spread of the virus's more contagious delta variant. They also worry central bankers might feel pressure to tame rising inflation by rolling back easy credit. The delta variant remains an ever-present downside risk for the markets in the near-term," said Craig Erlam of Oanda in a report, but as long as inflation remains only a temporary problem, it also keeps central bank ...

Sensex climbs 639 pts, Nifty tops 15,800; IT, metal stocks outperform

Signs of a strong corporate earnings season lifted demand for risky equities

Wall Street rises on upbeat earnings, recovery optimism; Dow up 260 pts

Coca-Cola Co rose 1.9% after boosting its full-year sales forecast, while Verizon Communications Inc added 1.1% after it beat estimates for quarterly results

Netflix growth plan tops Wall St watchlist as lockdown love fades

Netflix has forecast it would add just 1 million subscribers globally in the second quarter, a tenth of what it added a year ago when COVID-19 restrictions forced people to seek entertainment at home.

Corporate bond credit spreads widen as investors shun risk

The spread on the ICE BofA US High Yield Index, a commonly used benchmark for the junk bond market, spiked from 318 basis points on Friday to 344 basis points as of the last update late Monday

Dow jumps over 600 pts as value stocks lift Wall Street after steep selloff

Financials, energy, industrials lead advance; IBM rises as revenue beats on cloud strength

Wall Street rises after steep selloff, strong results boost IBM

Nine of the 11 major S&P 500 sector indexes were trading higher, with the S&P 500 banks index rising 0.7%.