(Reuters) - U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses from the previous session, as U.S. bond yields retreated and investors picked up battered technology stocks.
Investor sentiment was boosted after the futures markets indicated a strong opening on Wall Street
Tesla Inc. shares rebounded on Tuesday after a five-day losing streak wiped out about $149 bn from the company's valuation
(Reuters) - The S&P 500 and the Dow climbed on Monday, led by stocks poised to benefit the most from an economic rebound as the U.S. Senate passed the $1.9 trillion COVID-19 relief aid, while heavyweight tech-related stocks swung between gains and losses.
The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
Citigroup has been working to boost the share of women from assistant vice president up through the managing director level to bolster its efforts to close the pay gap between male and female employee
Investors were spooked this week by rising interest rates, which offset optimism about an economic rebound.
On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains
The pan-European STOXX 600 fell 0.9% in early trading
Benchmarke US Treasury yields rose toward last week's highs as Powell spoke, and the dollar hit a three-month high
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates. Benchmarks were lower in most major markets and the dollar rose against the Japanese yen. Shares have yoyo'd recently with fluctuations in bond yields. When yields rise quickly, as they have in recent weeks, it forces Wall Street to rethink the value of stocks. Technology stocks are most vulnerable to this reassessment after having soared during the pandemic, making them look pricier than the rest of the market. US government bond yields rose Wednesday after easing a day earlier. The yield on the benchmark 10-year Treasury note was steady at 1.47 per cent early Thursday. The dial ticks back to rising bond yield concerns, between that and the broad risk-on mood derived from the global economic recovery, Jingyi Pan of IG said in a report. She noted that stocks more affected by ups an
Another rise in bond yields rattled investors
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
Microsoft Corp, Apple Inc and Amazon.com Inc dropped, weighing more than any other stocks on the S&P 500
he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.
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The subdued performance of the three major Wall Street indices followed a flat close in Europe and slipping shares in Asia
Investors closely monitored the bond market as well as progress on the next round of fiscal stimulus
Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively