Simon Property drops on bleak outlook; energy stocks fall as oil prices slide
(Reuters) - The S&P 500 and the Dow Jones Industrials hit record highs on Friday, while the technology-heavy Nasdaq index jumped after weak U.S. jobs data eased worries about the Federal Reserve reducing its massive stimulus program anytime soon.
With more than half of S&P 500 companies having already reported results so far, profits are seen rising 46 per cent in the first quarter
Market participants are also prepping for results of Apple Inc and Facebook Inc after markets close.
The backdoor Nasdaq listing will see nine-year-old Grab raise over $4 billion, a record U.S. offering from Southeast Asia.
Shares of mega-cap firms, including Apple, Amazon.com, Facebook and Tesla, fell between 0.3 per cent and 1.8 per cent
At present, the world's biggest stock exchange in terms of market cap is the Hong Kong Exchanges and Clearing, valued at$75.6 billion, followed by American bourse CME Group, valued at $74 billion
The firm had a high-profile debut on the Nasdaq
The San Francisco-based firm was valued at just under $6 billion as recently as last September but has surged in line with bitcoin's gains this year.
Technology and consumer discretionary sectors, which house high-flying technology names that tend to outperform during times of economic uncertainty, rose 0.6% and 0.4%, respectively.
Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios
According to the sources, the company is approaching merchant bankers, including Goldman Sachs, Morgan Stanley, and JPMorgan, and it expects to finalise the line-up quickly
The S&P 500 fell 5.2 points, or 0.13%, at the open to 3,969.31
(Reuters) - The S&P 500 and the Nasdaq opened higher on Monday as technology stocks rebounded from a recent pullback that was sparked by a surge in bond yields, while Tesla shares gained after Cathie Wood's Ark Invest set a three-year price target of $3,000.
Bond yields spiked after the Federal Reserve pledged to tolerate inflation and keep monetary policy loose through 2023
NEW YORK (Reuters) - The S&P 500 slipped on Friday after hitting an all-time high the prior session as rising U.S. bond yields revived inflation worries and dulled the appeal of high-growth technology shares.
Wall Street's main indexes have come under pressure in the past few weeks as a consistent rise in borrowing costs have raised fears of a sudden tapering of monetary stimulus
(Reuters) - U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses from the previous session, as U.S. bond yields retreated and investors picked up battered technology stocks.
Tesla Inc. shares rebounded on Tuesday after a five-day losing streak wiped out about $149 bn from the company's valuation
The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell