Page 47 - Wall Street

Wall Street gains on signs of economic recovery, Nasdaq hits record high

The upbeat data on manufacturing and services sectors follows similar surveys from Europe earlier in the day as businesses reopened after the health crisis resulted in a lockdown in mid-March

Tech stocks lift Wall Street as worries over rising coronavirus cases mount

The World Health Organization reported a record rise in global coronavirus cases on Sunday, driving demand for perceived safe-havens, including gold and longer-term US Treasuries.

Several US states see coronavirus infection spikes, Wall Street unnerved

More than 119,000 Americans have perished from Covid-19 to date, according to Reuters' running tally.

Wall Street rallies on hopes of economic recovery; S&P up over 1%

The S&P 500 is on pace to finish the week with a 3.5 per cent gain, which would be its fourth in the last five weeks

Running on 'hopium': Explaining the market rally in Wall Street's terms

'Every time the stock market starts to sell off, the Federal Reserve responds with some accommodative policy,' said Mike O'Rourke, chief market strategist at JonesTrading

Market Ahead, June 19: Top factors that could guide markets today

The SGX Nifty is indicating an open at around 10,030 levels for the Nifty amid mixed global cues

S&P closes marginally lower as new Covid-19 cases surge; Dow falls 177 pts

The S&P 500 and the Dow reversed earlier gains and snapped a three-day winning streak. Tech shares led the Nasdaq into the black

Wall Street jumps on glimmers of economic recovery; Dow, S&P rise over 2%

All three major US stock indexes were sharply higher, and on course for their third consecutive daily gains

Wall Street mixed as investors weigh spike in virus cases; Dow trades flat

Battered shares of US airlines, casino operators and cruise operators slipped after attempting a rebound in recent weeks

Wall Street opens higher after previous session's big rout; Dow up over 2%

The Dow Jones Industrial Average rose 531.25 points, or 2.11%, at the open to 25,659.42.

MARKET WRAP: Sensex recovers 1,433 pts from day's low, ends 243 pts higher

All that happened in the markets today

S&P 500 turns positive as Fed pledges support; Nasdaq rises over 1%

The S&P 500 was off as much as 0.8 per cent before the Fed statement

'Wall Street star' Zoom, the latest internet gold mine amid Covid-19

Zoom reported fiscal first-quarter revenue of $328.2 million, beating analysts' estimates of $202.7 million, according to IBES data from Refinitiv

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

S&P 500 clears 3,000 barrier on hopes of recovery, Covid-19 vaccine

The benchmark index traded above the key psychological level for the first time since March 5

S&P 500 soars over 3,000-mark for first time since March on vaccine hopes

The S&P 500 rose 2.2 per cent to 3,020 points at the open

Covid-19 crisis: Warren Buffett cuts crisis-era bet on Goldman Sachs

Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.

S&P closes at 10-week high on vaccine hopes, stimulus pledge; Dow up 3.8%

Drugmaker Moderna Inc surged 19.96 per cent after the company said its experimental COVID-19 vaccine showed promising results in a small early-stage trial

Wall Street surges on hopes for stimulus, Covid-19 vaccine; Dow rises 3.2%

Investors have kept a close eye on vaccine programs of several drugmakers, cheering any positive development amid fears of a second wave of infections as governments start easing restrictions

Wall Street snaps 2-day slump amid rally in tech shares, oil prices

Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus