Page 25 - Us Markets

Dropping gains, Wall Street pulls back on stocks, US Treasury yields dip

Wall Street pushed stocks and Treasury yields down after both had powered higher earlier in the week as investors took in the strength of the economy and hawkish comments from US policymakers

Flows to funds offering exposure to US assets may pick up: Cameron Brandt

I do not see yields climbing as much as some predict, says Brandt

US markets point higher after gains in Europe amid Ukraine conflict

US markets headed for a higher open Friday following solid gains in Europe as uncertainty over the war in Ukraine and persistently high inflation continue to roil markets. Asian markets declined overnight. Investors are fretting over a world economy faced with price pressures and slowing growth. Oil prices advanced on Friday as Russian forces broadened their offensive in Ukraine, attacking two major cities to the west and an industrial center in the east of the country. On Wall Street, futures for the Dow Jones Industrial Average rose 1.1% Friday morning and the same for the S&P 500 were up 1.3%. Germany's DAX rose 3.2% by midday, the CAC 40 in Paris added 2.2% and London's FTSE 100 gained 1.4%. A plan to revoke Russia's most favored nation trade status over its invasion of Ukraine added to unease over the economic repercussions of the deepening conflict after talks between foreign ministers of the two countries failed to show any concrete progress. President Joe Biden plans to

President Biden signs order on cryptocurrency as its use explodes

Biden signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

Wall Street: US stocks flat in pre-market as Russia-Ukraine war rages

US markets were essentially flat in premarket trading while oil prices continued to climb as Russian forces bombarded Ukraine's second-largest city and besieged two ports. The economic fallout from the Russian invasion expanded, with Fitch Ratings and Moody's Ratings cutting Russia's credit rating. They said the invasion and Western sanctions have hurt Moscow's ability to repay debts and raised risks for the economy and stability. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average wavered between slight gains and losses a couple of hours before the market opens in New York. In early trading, the FTSE 100 in London and Frankfurt's DAX each lost 0.6 per cent while the CAC in Paris slipped 0.2 per cent. The London Stock Exchange said it had suspended trading in shares of 27 companies with links to Russia, including some of the biggest in energy and steel, such as Lukoil, Gazprom, Sberbank, Rosneft and Magnitogorsk Iron & Steel Works. In a notice, the ...

Stocks make small gains but Ukraine crisis keeps investors cautious

Oil prices surged, with Brent crude touching $113.02 - its highest since 2014 - and U.S. crude coming close to passing its 2013 peak

Aurobindo, Sun Pharma recall products in US market for defaulting norms

Leading homegrown drug makers Aurobindo Pharma and Sun Pharmaceutical Industries are recalling different products in the US market due to deviation from standard manufacturing norms.

Nasdaq drops over 1%, Dow falls over 600 pts as Russia attacks Ukraine

Dow set to confirm correction territory; oil stocks jump as crude tops $100/barrel

Nasdaq sinks into 'Death Cross' for first time since April 2020

The formation occurred in June 2000 when the dot-com bubble burst and again in January 2008 ahead of the global financial crisis

Shift to a diversified passive fund to survive fickle US market: Analysts

Besides growth-oriented active fund, add value-oriented fund to your portfolio

Dollar recovers from two-week low after US employment surprise

But the dollar was still down 1.7% on the week, on pace for its largest weekly percentage decline since November 2020.

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent

Oil extends gains above $90/bbl as winter storm sweeps through the US

By Roslan Khasawneh

Earnings whiplash points to more volatility for the US markets

Many market participants hoped that earnings from the big, tech-focused stocks that have led markets for years would lend equities a modicum of support after January's sharp declines

US economy regained speed in Q4 at 6.9%, 2021 growth best since 1984

The economy grew 5.7% in 2021, the strongest since 1984. It contracted 3.4% in 2020, the biggest drop in 74 years

US stock futures bounce ahead of Fed, oil gains on Russia-Ukraine

U.S. S&P futures jumped 1.34%, indicating a stronger open on Wall Street, after the S&P 500 index lost 1.22% in the previous session.

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.

Nasdaq 100's unrelenting declines ring a dot-com bust alarm bell

The Nasdaq 100 tumbled 7.5% this week as what started as an aggressive selloff in speculative corners spread to the rest of the market.

Asian shares turn negative as treasury yields rise 1% ahead of Fed

Each of the region's major markets, apart from some Chinese indexes, gave up their earlier gains.

US stocks bounce, investors digest news of 2022 rate hikes by Fed

US stocks bounced and Treasury yields retreated in choppy trade as investors absorbed remarks from the Federal Reserve that interest rates are likely to rise this year