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Page 3 - Wall Streets

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges

SEC slams 'egregious' allocations of customer money that extracted 'hidden costs'

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges
Updated On : 13 Jun 2022 | 11:38 PM IST

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts

Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, on worsening fears about a possible recession given how stubborn inflation has become. The S&P 500 was 3.3% lower in investors' first chance for trading after getting the weekend to reflect on the stunning news that inflation is getting worse, not better. The Dow Jones Industrial Average was down 738 points, or 2.4%, at 30,653, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 3.9% lower. The center of Wall Street's focus was again on the Federal Reserve, which is scrambling to get inflation under control. Its main method is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively. Some traders are even speculating the Fed on Wednesday may raise its key short-term interest rate by three-quarters of a percentage point. That's triple the usual amount and something the Fed hasn't done since 1994. Traders now see a ...

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts
Updated On : 13 Jun 2022 | 10:46 PM IST

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes

Salesforce, Capri Holdings rise after lifting profit outlook; US 10-year Treasury yields spike to two-week high

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes
Updated On : 01 Jun 2022 | 11:06 PM IST

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%

Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 is up 0.9% in the early going. The tech-heavy Nasdaq is up 0.6% and the Dow Jones Industrial Average climbed 1%. European markets were also higher and Asian markets closed mixed overnight. Treasury yields are slightly higher. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 2.81%.Ware soared following a report that chipmaker Broadcom is in talks to buy it. Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.1% in premarket trading. Benchmarks rose in Frankfurt, London and Tokyo and fell in Paris and Hong Kong. Oil prices also gained. Yet it has been a brutal stretch for major markets in the U.S. and globally. On Friday the ...

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%
Updated On : 23 May 2022 | 10:05 PM IST

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts

Growth stocks such as Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 2.2% and 6.5% after falling for most of the week.

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts
Updated On : 13 May 2022 | 8:19 PM IST

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

US consumer prices slow in April; inflation still high; Coinbase falls on Q1 revenue slump, net loss

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries
Updated On : 11 May 2022 | 10:17 PM IST

Wall Street set to open higher, oil prices extend losses for second day

European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday's sharp falls, but fears over economic growth still weighed on markets

Wall Street set to open higher, oil prices extend losses for second day
Updated On : 10 May 2022 | 5:04 PM IST

Wall Street tumbles again as strong jobs growth fuels rate hike fears

The Dow Jones Industrial Average was down 375.98 points, or 1.14%, at 32,621.99

Wall Street tumbles again as strong jobs growth fuels rate hike fears
Updated On : 07 May 2022 | 12:43 AM IST

US economy shrinks by 1.4% in Q1 amid Omicron variant surge

The latest data marks the economy's first contraction since the Covid-19 pandemic impacted the country in early 2020, Xinhua news agency reported

US economy shrinks by 1.4% in Q1 amid Omicron variant surge
Updated On : 29 Apr 2022 | 9:37 AM IST

US stocks mixed as Nasdaq drags on Wall Street, bond yields dip

The Dow Jones Industrial Average ended higher for the second straight day, the S&P 500 was flat, and the Nasdaq Composite fell sharply after Netflix reported it had lost subscribers for the first time

US stocks mixed as Nasdaq drags on Wall Street, bond yields dip
Updated On : 21 Apr 2022 | 6:24 AM IST

Stocks slide, commodities spike as Ukraine war shakes markets

The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe

Stocks slide, commodities spike as Ukraine war shakes markets
Updated On : 05 Mar 2022 | 2:25 PM IST

Wall Street drops as Ukraine worries intensify; Dow falls 300 points

The S&P 500 lost 53.36 points, or 1.24%, to 4,251.4 and the Nasdaq Composite dropped 234.72 points, or 1.75%, to 13,146.79

Wall Street drops as Ukraine worries intensify; Dow falls 300 points
Updated On : 24 Feb 2022 | 2:26 AM IST

Wall Street rallies, capping frenetic week with best day of the year

Apple jumps after record holiday-quarter sales, Visa surges on increased travel, e-commerce spending; Caterpillar falls after flagging margin pressure

Wall Street rallies, capping frenetic week with best day of the year
Updated On : 29 Jan 2022 | 3:19 PM IST

Wall St: Investors may take shelter in US regional banks as Fed hikes loom

Treasury yields have risen in anticipation of tighter policy, with those on the benchmark 10-year Treasury up 40 basis points from recent lows.

Wall St: Investors may take shelter in US regional banks as Fed hikes loom
Updated On : 22 Jan 2022 | 5:39 PM IST

Morgan Stanley board lifts CEO Gorman's pay to $35 million

Since taking over a decade ago, the 63-year-old CEO has transformed Morgan Stanley from a Wall Street firm focused on a money-losing trading businesses into a more balanced bank

Morgan Stanley board lifts CEO Gorman's pay to $35 million
Updated On : 22 Jan 2022 | 3:01 PM IST

Wall Street rises on 1st trading day of 2022; Apple hits $3 trn market cap

Tesla charges ahead on better-than-expected deliveries; banks gain as Treasury yields rally on rate hike hopes

Wall Street rises on 1st trading day of 2022; Apple hits $3 trn market cap
Updated On : 04 Jan 2022 | 1:49 AM IST

Wall Street's return-to-office divide laid bare by Goldman and Citi

Such divergences are popping up across Manhattan's mighty financial industry, creating pockets of optimism within the city's economy

Wall Street's return-to-office divide laid bare by Goldman and Citi
Updated On : 15 Jun 2021 | 1:11 AM IST

Global equities near record high as 'meme stocks' lift Wall Street at open

U.S. equities inched higher at the open as some high valuations, including of so-called "meme stocks", fed into investor sentiment.

Global equities near record high as 'meme stocks' lift Wall Street at open
Updated On : 02 Jun 2021 | 8:47 PM IST

Wall Street opens higher after data signals improving labour market

Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession

Wall Street opens higher after data signals improving labour market
Updated On : 20 May 2021 | 7:34 PM IST

F&O expiry: Sensex gains 258 pts, ends Feb series 8% higher; RIL surges 4%

Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series

F&O expiry: Sensex gains 258 pts, ends Feb series 8% higher; RIL surges 4%
Updated On : 25 Feb 2021 | 4:27 PM IST