(Reuters) - Wall Street retreated from record highs on Friday as a coronavirus stimulus deal remained in focus ahead of a weekend deadline, while Tesla shares hit their highest in anticipation of their addition to the S&P 500 next week.
Dow Jones Industrial Average was up 10.51 points, or 0.03 per cent
Asian stock markets declined Friday after Wall Street hit a new high on optimism about economic stimulus and coronavirus vaccine development despite a spike in US unemployment claims. Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index gained for a third day on optimism about progress in Washington toward a new economic aid package while the government reported the highest level of new jobless claims in three months. Market action suggested investors see bad data is good news for progress toward a stimulus, said Mizuho Bank in a report. The Nikkei 225 in Tokyo lost 0.2% to 26,760.30 while the Shanghai Composite Index was down less than 0.1% at 3,403.87. The Hang Seng in Hong Kong lost 0.7% to 26,490.37. The Kospi in Seoul lost less than 0.1% to 2,770.22 and Sydney's S&P-ASX 200 sank 0.7% to 6,710.00. New Zealand, Singapore and Jakarta also retreated. Investors have been waiting since before the American presidential election Nov. 3 for ...
The Dow Jones Industrial Average rose 61.46 points, or 0.20 per cent
The S&P 500 opened higher by 1.63 points, or 0.04 per cent, at 3,696.25
The Dow Jones Industrial Average rose 57.54 points, or 0.19 per cent
The Dow Jones Industrial Average rose 77.54 points, or 0.26 per cent, at the open to 30,123.91
Indians are placing bigger-than-ever bets on US stocks this year as the American stock market has recovered faster than markets in India and other emerging nations
NEW YORK (Reuters) - U.S. stocks rose on Tuesday as each of the major averages touched record levels in part due to a boost from the healthcare sector on positive COVID-19 vaccine news, while uncertainty over fresh fiscal stimulus held gains in check.
The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the companies said
The Biden team is poised to include alumni of finance, venture capital, private equity and asset management
All that happened in the markets today
(Reuters) - Wall Street fell on Wednesday, with the S&P 500 and the Nasdaq retreating from the record levels hit in the previous session as fewer-than-expected private job additions in November added to concerns about the near-term pressure on the economy.
Bitcoin's tumble last week, the biggest since March, after a 150% run-up this year underscores the famous volatility of the asset class that has kept mainstream investors at bay
The Dow is on track for its biggest monthly gain since 1987
The three main US stock indexes have gained more than 10 per cent this month
The S&P 500 and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week
Joe Biden's picks project an image of assured competence
Dealers rushing to hedge themselves are said to have fuelled the 2020 melt-up in tech names from Netflix Inc. to Microsoft Corp
Spot gold rose 0.3 per cent to $1,812.66 an ounce at 10:15 a.m. EST, having hit its lowest since July 17 at $1,800.01 on Tuesday