Page 27 - Wall Street

Wall Street rises as Fed chief Powell testifies to panel, oil wavers

Wall Street moved past mixed results in early trading to post solid gains by the afternoon, as investors awaited Powell's testimony to a congressional panel

Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr

Business Standard brings you top news of the day

US stocks open higher, led by gains in banks and industrial firms

Stocks are opening mostly higher on Wall Street, getting the week off to a positive start after the S&P 500 posted its biggest weekly decline since February. The benchmark index was up 0.3 per cent in the first few minutes of trading Monday. Banks and industrial companies were doing the best, while several big technology companies were falling. That helped pull the tech-heavy Nasdaq composite down 0.4 per cent. Investors will be keeping an eye on more data coming out on inflation this week, as well as earnings from Nike and FedEx. Bond prices fell. The yield on the 10-year Treasury note rose to 1.48 per cent. Investors are still thinking over the Federal Reserve's signal that it may raise current ultra-low interest rates sooner than expected and slow its market-supporting bond purchases. Part of the Fed's mission is to keep prices under control. The fear is that burgeoning inflation may prompt central banks to dial back the lavish support that has lifted markets to new highs after

Dow Jones falls 400 points after Fed official sees rate hikes in 2022

St. Louis Federal Reserve President James Bullard said he expects the first interest rate increase the Fed could make could come as soon as 2022

Wall Street slips as Fed mulls policy, economic data disappoints

The readings have investors wondering if the Fed may come out of its meeting Wednesday with any indication it is tweaking its go-slow approach.

Global stocks higher after Wall Street gain ahead of Fed meeting

London and Frankfurt opened higher while Tokyo also gained.

S&P 500 hits record high as Wall Street brushes off higher inflation data

Meme stocks flit between gains and losses; Boeing gains on possible UAL order

S&P 500 futures turn negative after US inflation rises more than expected

Prices paid by US consumers rose in May by more than forecast, extending a months-long buildup in inflation that risks becoming more established as the economy strengthens

Wall Street indexes open flat as investors await inflation data

Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week

Some on Wall St try options trade to bet against AMC without getting burned

AMC's stock rose just over 83% this past week

Wall Street: Investors eye Washington talks after big rally in infra shares

Expectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and materials sectors

Wall Street rises as jobs report calms inflation worries

The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy

Asian shares slip, dragged lower by decline in tech stocks on Wall Street

Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose in Sydney. Traders are awaiting the US government's latest monthly jobs report, expected later Friday. Unemployment data announced Thursday was encouraging. But while an improved jobs market suggests the economy is gaining momentum after the pandemic, investors are keeping a close eye on signs of inflation, which especially hurts the tech sector. The benchmark S&P 500 index dropped 0.4 per cent on Thursday and is on track for a 0.3 per cent weekly loss. Japan's benchmark Nikkei 225 slipped 0.4 per cent to 28,937.79. South Korea's Kospi lost 0.3 per cent to 3,238.40, while Australia's S&P/ASX 200 rose 0.5 per cent to 7,295.40. Hong Kong's Hang Seng fell 0.3 per cent to 28,873.65 and the Shanghai Composite edged 0.1 per cent lower, to 3,581.55. Asian markets will likely be in a holding pattern on Friday, Prakash ...

Wall St falls as strong data fuels inflation fears; AMC falls sharply

The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May

Wall Street treads water ahead of key economic data; AMC soars

(Reuters) - The S&P 500 was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks."

Wall Street indexes edge up with gains in energy and financial shares

Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders.

Wall Street stock indices open higher, unshaken by inflation surge

(Reuters) - Wall Street's main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.

Dow, S&P 500 gain at open as weekly unemployment claims decline

(Reuters) - The Dow and the S&P 500 opened higher on Thursday after data showing fewer weekly jobless claims pointed to an improving outlook for the U.S. economy.

Wall Street CEOs get heat from Congress over social justice, fees & wokeism

the Wall Street bosses frequently found themselves under fire from both sides of the aisle, Democrats and Republicans

Wall Street gains as easing of US bond yields boosts tech-related stocks

Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.