Page 44 - Wall Street

Amazon leads Wall Street rebound, even as economic worries deepen

Microsoft Corp, Apple Inc, Alphabet Incand Facebook Inc, which together have fueled Wall Street's rally since the pandemic slammed markets in March, all rose more than 1 per cent

Nasdaq, S&P 500 crawl higher on Amazon, Apple boost; Dow remains muted

Microsoft Corp, Apple Inc, Alphabet Inc and Facebook Inc, which together fuelled a Wall Street rally since a coronavirus-driven crash in March, rose between 0.3% and 0.9% in early deals

Sensex falls 812 points, Nifty settles at 11,250 amid global sell-off

Rising Covid cases, ICIJ report rattle investors; Dow slips about 3 per cent

Climate change in mind, Wall Street to start trading a new commodity: Water

Water supplies have been tight for years in California, and large parts of Asia and Africa also face the potential of scarcity as temperatures rise

Women of Wall Street ask 'Who's Next' after Citi picks Jane Fraser as CEO

As congratulations rolled in across Wall Street for its newest boss, diversity advocates said the financial industry has a lot more to do to reach gender equality, pay equity

Asian shares mixed after technology fall leads US stock fall on Wall Street

Asian shares were mixed on Friday following a selloff of technology shares on Wall Street. Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off, said Stephen Innes, chief global market strategist at AxiCorp. Japan's benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading at 23,314.98. South Korea's Kospi dropped 0.3% to 2,389.21, while Australia's S&P/ASX 200 lost nearly 0.9% to 5,856.40. Hong Kong's Hang Seng gained 0.3% to 24,377.42, while the Shanghai Composite was little changed at 3,235.07. Concerns about the coronavirus pandemic and the big hope over a vaccine in the works overshadow the global market, analysts say. While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices shot too high. The catch is that progress in curbing COVID-19 could hurt technology shares, Innes said. But keep your eye

Citigroup names Jane Fraser as first female CEO of major global bank

Fraser will succeed Mike Corbat, who is retiring in February after more than eight years in the top job, the New York-based bank said in a statement

Nasdaq rebounds after tech stocks stabilise, Tesla's shares jump 10.92%

Analysts said the Nasdaq's ability to hold its 50-day moving average, a technical support level, was key in reversing the market's direction.

MARKET WRAP: Sensex slips 171 pts amid weak global cues; RIL up over 2.5%

All that happened in the markets today.

Wall Street mixed as S&P 500 on track for best August in 36 years

New entrants to the blue-chip index, Salesforce.com Inc , Honeywell International Inc and Amgen Inc , slipped between 0.3% and 1.2%

Here's why Wall Street thinks Walmart's move to buy TikTok makes sense

Companies have been scrambling to advertise and sell on apps like TikTok and Facebook's Instagram, where shopping has surged

Apple becomes first US company to cross $2 trillion in market value

Shares in the company have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world's most valuable listed company

S&P 500 completes recovery from Covid-19 sell-off, hits record high

It has taken the benchmark S&P 500 about two months longer as surging Covid-19 cases sparked fears of another round of shutdowns that would again cripple business activity

China pushes First Capital merger in drive to take on Wall Street: Reports

China wants to level the playing field as it opens up its financial markets to foreign players including Goldman Sachs and Morgan Stanley

Moderna shares jump on $1.5 billion US contract for Covid-19 vaccine

The United States and Moderna announced the agreement for 100 million doses of its potential Covid-19 vaccine late on Tuesday

Wall Street jumps, S&P 500 crawls towards record high on stimulus hopes

US Treasury Secretary Steven Mnuchin said the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid

Kodak shares plunge 40% after US govt blocks $765-million loan deal

The US International Development Finance Corp (DFC) was slated to grant the loan to Eastman Kodak, which is looking to move deeper into the pharmaceutical arena

US employment growth slows sharply in July amid Covid-19 pandemic

Talks have been dragging over differences on major issues, including the size of a government benefit for unemployed workers

Wall Street dips due to slowing employment growth, US-China tensions

The Labor Department's closely watched report showed non-farm payrolls increased by 1.76 million in July

Goldman Sachs comes up with Tinder for mergers in a social-distanced world

After all, this weekend's flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long