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Page 33 - Wall Street

GameStop surges more than 18%, other 'meme stocks' mount late-day rally

Along with GameStop, which pared gains to close up 18.3%, cinema chain AMC Entertainment finished up 14.6% and headphone maker Koss added 13.4%

GameStop surges more than 18%, other 'meme stocks' mount late-day rally
Updated On : 02 Mar 2021 | 6:51 AM IST

S&P 500 surges in strongest one-day rise since June as calm return to bonds

(Reuters) - The S&P 500 surged on Monday in its strongest one-day gain since June as bond markets calmed after a month-long selloff, while another COVID-19 vaccine getting U.S. approval and fiscal stimulus bolstered expectations of a swift economic recovery.

S&P 500 surges in strongest one-day rise since June as calm return to bonds
Updated On : 02 Mar 2021 | 6:42 AM IST

Wall Street rallies on US stimulus and vaccine hopes as bond markets calm

NEW YORK (Reuters) - Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.

Wall Street rallies on US stimulus and vaccine hopes as bond markets calm
Updated On : 02 Mar 2021 | 6:42 AM IST

Wall Street won't intimidate retail giant Walmart this time around

Walmart announced in January that it formed a partnership with Ribbit Capital to create a new financial technology startup

Wall Street won't intimidate retail giant Walmart this time around
Updated On : 01 Mar 2021 | 10:20 PM IST

Dow jumps 600 pts on vaccine cheer, stimulus optimism; cyclical stocks rise

US bond market rout eases; shares of cruise liner and hotel operators, and carriers including Carnival Corp, Hilton, Delta Air Lines Inc and American Airlines gained between 1.8% and 4.6%

Dow jumps 600 pts on vaccine cheer, stimulus optimism; cyclical stocks rise
Updated On : 01 Mar 2021 | 8:57 PM IST

Wall Street set for higher open on J&J vaccine cheer, stimulus optimism

President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package early Saturday

Wall Street set for higher open on J&J vaccine cheer, stimulus optimism
Updated On : 01 Mar 2021 | 7:36 PM IST

Bulls back on D-Street; Sensex settles 750 pts up; PSU, auto stocks rally

The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE

Bulls back on D-Street; Sensex settles 750 pts up; PSU, auto stocks rally
Updated On : 01 Mar 2021 | 4:50 PM IST

Stocks try to recover from bond whiplash, dollar gains

NEW YORK (Reuters) - The Nasdaq recovered and the bond rout eased a bit on Friday, but equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive.

Stocks try to recover from bond whiplash, dollar gains
Updated On : 27 Feb 2021 | 5:46 AM IST

GameStop rally fizzles; shares still register 151% weekly gain

(Reuters) - GameStop Corp closed 6% lower on Friday as an early rally fizzled but the stock finished the week 151% higher in a renewed surge that left analysts puzzled.

GameStop rally fizzles; shares still register 151% weekly gain
Updated On : 27 Feb 2021 | 5:25 AM IST

Nasdaq finishes higher, tech stocks retrace some losses

NEW YORK (Reuters) - The tech-heavy Nasdaq index rallied in choppy trading on Friday, even as sentiment remained fragile after the index's worst performance in four months the day before as fears of rising inflation kept U.S. bond yields near a one-year high.

Nasdaq finishes higher, tech stocks retrace some losses
Updated On : 27 Feb 2021 | 5:24 AM IST

GameStop shares climb in early deals, on track for second best week

GameStop shares touched $120.60 and were on track to nearly triple this week in an equity market where falling bond prices have weakened general investor sentiment towards US stocks

GameStop shares climb in early deals, on track for second best week
Updated On : 26 Feb 2021 | 9:25 PM IST

S&P 500, Nasdaq open higher after a sharp pullback on Wall Street

(Reuters) - The S&P 500 and the Nasdaq index opened higher on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at one-year high.

S&P 500, Nasdaq open higher after a sharp pullback on Wall Street
Updated On : 26 Feb 2021 | 8:42 PM IST

Indices log biggest 1-day fall in 9 mths; Sensex sinks 1,939 pts, holds 49K

In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points

Indices log biggest 1-day fall in 9 mths; Sensex sinks 1,939 pts, holds 49K
Updated On : 26 Feb 2021 | 4:53 PM IST

Asia stocks skid as global inflation fears, tech woes hit Wall Street

U.S. Treasury yields vaulted to their highest since the pandemic began on expectations of a strong economic expansion and related inflation

Asia stocks skid as global inflation fears, tech woes hit Wall Street
Updated On : 26 Feb 2021 | 7:13 AM IST

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride

"The power of the "three R's" (Robinhood, Retail, Reddit) are back in play," said Neil Campling, head of technology research at Mirabaud Securities

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride
Updated On : 26 Feb 2021 | 6:58 AM IST

Wall Street ends sharply lower, tech selloff weighs as bond yields climb

The Dow and the S&P 500 notched their biggest daily decline since late January

Wall Street ends sharply lower, tech selloff weighs as bond yields climb
Updated On : 26 Feb 2021 | 6:34 AM IST

GameStop Corp shares soar around 50% as 'meme stocks' rally again

GameStop shares hit $160 at the open before being halted after several minutes of trading and fell to around $129 before the second halt

GameStop Corp shares soar around 50% as 'meme stocks' rally again
Updated On : 25 Feb 2021 | 11:37 PM IST

Reddit suffers major outage as GameStop shares soar 100%

Online discussion forum Reddit suffered a major outage and users were unable to load the website that showed a blank white page for nearly an hour.

Reddit suffers major outage as GameStop shares soar 100%
Updated On : 25 Feb 2021 | 10:57 AM IST

GameStop stock doubles in afternoon up by 60%; even Reddit is surprised

GameStop shares were up 60% after hours at around $146, following a 103% rise during the day's trading

GameStop stock doubles in afternoon up by 60%; even Reddit is surprised
Updated On : 25 Feb 2021 | 6:37 AM IST

Wall Street finish up as Fed's Powell soothes inflation fears

NEW YORK (Reuters) - Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.

Wall Street finish up as Fed's Powell soothes inflation fears
Updated On : 25 Feb 2021 | 3:30 AM IST