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Page 12 - S&p 500

Global Stock markets reach for record high as US jobless claims dive

On Wall Street, the S&P 500 reached its sixth consecutive all-time closing high on upbeat economic data, and European shares ended higher on a rally in crude prices

Global Stock markets reach for record high as US jobless claims dive
Updated On : 02 Jul 2021 | 6:53 AM IST

Nasdaq, S&P 500 hit record high as investors bet on US June jobs

Blue chip and key technology stocks on Wall Street hit record highs on Monday as investors bet on outsized US jobs gains for June even as falling oil prices dragged down the broader stock market.The S & P 500 index, which groups the top 500 stocks on the New York Stock Exchange, raced to an all-time high of 4,292 before closing at 4,290, up 0.2 percent on the day.The Nasdaq Composite index, which includes high-flying tech stocks such as Facebook, Amazon, Apple, Microsoft, Netflix and Google, hit an all-time high of 14,505, before settling at 14,500, up almost 1.0 percent.However, the Dow Jones Industrial Average, the broadest US equity barometer on the New York Stock Exchange, fell on the day and finished down 0.4 percent at 34,283.The S & P500 and Nasdaq jumped as investors bet that the US non-farm payrolls report for June, due on Friday, are expected to show a gain of 690,000 jobs versus May's 559,000.The Dow fell as oil prices had their first meaningful drop in a week on ...

Nasdaq, S&P 500 hit record high as investors bet on US June jobs
Updated On : 29 Jun 2021 | 7:32 AM IST

Global stocks finish at record highs, oil prices climb for fifth week

WASHINGTON/LONDON (Reuters) -Wall Street notched broad gains on Friday, with the S&P 500 index closing at a record and global shares also finished at an all-time high, while oil prices rose for a fifth straight week.

Global stocks finish at record highs, oil prices climb for fifth week
Updated On : 26 Jun 2021 | 7:36 AM IST

Asian shares up as US infrastructure bill lifts S&P to a record high

SHANGHAI (Reuters) - Asian shares rose on Friday, tracking gains on Wall Street overnight that lifted the Nasdaq and the S&P 500 indexes to record highs after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.

Asian shares up as US infrastructure bill lifts S&P to a record high
Updated On : 25 Jun 2021 | 9:18 AM IST

Nasdaq and S&P 500 scale new peaks, Dow rallies; Caterpillar jumps 3.4%

Mega-caps Microsoft Corp, Netflix Inc and Facebook Inc gained between 0.4% and 1.3% and were among the biggest boosts to the S&P 500 and the Nasdaq

Nasdaq and S&P 500 scale new peaks, Dow rallies; Caterpillar jumps 3.4%
Updated On : 25 Jun 2021 | 1:20 AM IST

Nasdaq, S&P 500 scale new peak as weekly jobs recovery gains traction

Tesla shares boost Nasdaq, S&P 500; Lilly jumps on plans to seek approval for Alzheimer's drug

Nasdaq, S&P 500 scale new peak as weekly jobs recovery gains traction
Updated On : 24 Jun 2021 | 8:37 PM IST

A $1-trillion buying spree lets S&P 500 brush off bear warnings

Demand is up across the board, from die-hard day traders piling into meme stocks, to exchange-traded funds and even once-cautious hedge funds now raising leverage to boost exposure

A $1-trillion buying spree lets S&P 500 brush off bear warnings
Updated On : 19 Jun 2021 | 1:18 AM IST

S&P revises outlook on Tata Motors to stable on improving underlying demand

S & P Global Ratings has affirmed B ratings on Tata Motors and revised outlook to stable on improving underlying demand.S & P said the company's sales for the fourth quarter of fiscal 2021 indicate a material improvement in underlying demand for both commercial vehicles and passenger cars.The commercial vehicle business reported its strongest quarterly sales since fiscal 2019 while the passenger car business continued to gain market share.The passenger car business also turned EBITDA positive in fiscal 2021 and EBITDA margin is likely to improve further to mid-single-digit level in fiscal 2022."Although the second wave of Covid-19 infections has increased risks around these estimates, our base case assumes operational disruptions will be mainly in the first quarter of fiscal 2022," said S & P."We anticipate earnings will recover in the rest of fiscal 2022 as restrictions ease, similar to what we saw after the first wave in fiscal 2021."The agency estimates earnings at Tata

S&P revises outlook on Tata Motors to stable on improving underlying demand
Updated On : 19 May 2021 | 12:09 PM IST

S&P 500 backs off on weak telecom stocks despite strong retail earnings

US stocks ended lower on Tuesday as a sharp decline in telecom stocks and weak housing starts data overshadowed better-than-expected earnings from Walmart and Home Depot

S&P 500 backs off on weak telecom stocks despite strong retail earnings
Updated On : 19 May 2021 | 6:29 AM IST

Asia shares left listless as Chinese sales data misses expectations

Taiwan's government on Monday had to reassure investors it would stabilise stock and foreign exchange markets if needed amid a spike in Covid-19 cases

Asia shares left listless as Chinese sales data misses expectations
Updated On : 17 May 2021 | 9:24 AM IST

Global stocks rally into US jobs report amid surging commodity prices

Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday

Global stocks rally into US jobs report amid surging commodity prices
Updated On : 07 May 2021 | 11:28 AM IST

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data
Updated On : 29 Apr 2021 | 8:52 PM IST

Alphabet pushes S&P 500 to record high, bolsters Nasdaq index

Market participants are also prepping for results of Apple Inc and Facebook Inc after markets close.

Alphabet pushes S&P 500 to record high, bolsters Nasdaq index
Updated On : 28 Apr 2021 | 8:42 PM IST

S&P 500, Nasdaq higher after factory data; Amex, Honeywell results hit Dow

Eight out of the 11 major S&P 500 sectors traded higher in the first half hour of trading

S&P 500, Nasdaq higher after factory data; Amex, Honeywell results hit Dow
Updated On : 23 Apr 2021 | 8:26 PM IST

S&P 500, Dow slip as focus turns to tech firms' quarterly earnings

Chipmaker Intel Corp is slated to report results on Thursday.

S&P 500, Dow slip as focus turns to tech firms' quarterly earnings
Updated On : 20 Apr 2021 | 8:57 PM IST

S&P 500, Dow hit record highs on earnings boost from big banks

Nine of the 11 S&P indexes were trading higher

S&P 500, Dow hit record highs on earnings boost from big banks
Updated On : 17 Apr 2021 | 1:18 AM IST

S&P 500, Dow hit record highs on upbeat earnings, strong retail sales

BlackRock edges higher as quarterly profit beats estimates; PepsiCo up as it bets on higher soda sales

S&P 500, Dow hit record highs on upbeat earnings, strong retail sales
Updated On : 15 Apr 2021 | 8:13 PM IST

S&P 500, Nasdaq up as technology stocks rise after J&J vaccine pause

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.

S&P 500, Nasdaq up as technology stocks rise after J&J vaccine pause
Updated On : 13 Apr 2021 | 8:36 PM IST

S&P 500 opens nearly flat after strong inflation data; J&J slips

(Reuters) - The S&P 500 opened nearly flat on Tuesday as data showed consumer prices increased by the most in more than 8-1/2 years in March, while Johnson & Johnson slipped as federal health agencies recommended pausing the use of its COVID-19 vaccine.

S&P 500 opens nearly flat after strong inflation data; J&J slips
Updated On : 13 Apr 2021 | 7:31 PM IST

S&P 500, Dow ease from record levels; earnings results, data in focus

The S&P 500 technology sector fell the most among the 11 major S&P 500 sectors

S&P 500, Dow ease from record levels; earnings results, data in focus
Updated On : 12 Apr 2021 | 7:59 PM IST