Page 8 - Us Stock Market
US stocks mixed as Nasdaq hovers near record, dollar turns higher
WASHINGTON/LONDON (Reuters) -U.S. stocks were mixed on Wednesday after reassurances from U.S. Federal Reserve Chair Jerome Powell that the Fed is not rushing to raise interest rates, while European stocks remained under pressure.
 "US stocks mixed as Nasdaq hovers near record, dollar turns higher")
Wall Street treads water ahead of key economic data; AMC soars
(Reuters) - The S&P 500 was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks."
 "Wall Street treads water ahead of key economic data; AMC soars")
Ahead of jobs miss, some Fed officials edged towards 'taper' debate
US stocks dropped further into negative territory after the release of the minutes, while the US 10-year Treasury yield rose to a session high of 1.678%.
 "Ahead of jobs miss, some Fed officials edged towards 'taper' debate")
Asia stocks dip with US futures amid rising Covid-19 cases; dollar edges up
Markets in China and Hong Kong lagged, despite a rally in Alibaba Group Holding after the weekend announcement of a record antitrust fine removed a regulatory overhang
 "Asia stocks dip with US futures amid rising Covid-19 cases; dollar edges up")
Bringing SPACs to India
SPAC, a novel shell company structure, may be useful but effective investor protection measures and education are key
S&P closes slightly higher after Fed minutes feed stable rate view
The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike
 "S&P closes slightly higher after Fed minutes feed stable rate view")
SoftBank Group-backed Compass valued at $8.22 billion in NYSE debut
Shares of SoftBank Group Corp-backed Compass Inc jumped 18% in their stock market debut on Thursday after being priced at the lower end of the reduced initial public offering (IPO) price range
 "SoftBank Group-backed Compass valued at $8.22 billion in NYSE debut")
S&P 500 rides Microsoft, Amazon to record close north of 4,000
Unofficially, the Dow Jones Industrial Average rose 0.53% to end at 33,155.85 points, while the S&P 500 gained 1.19% to 4,020.07.
 "S&P 500 rides Microsoft, Amazon to record close north of 4,000")
Stock markets start new fiscal on a high, Sensex reclaims 50,000-level
IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, Sun Pharma, Bajaj Finance, and UltraTech Cement were prominent gainers
 "Stock markets start new fiscal on a high, Sensex reclaims 50,000-level")
Biden proposes $2 trillion 'once-in-a-generation' investment in US economy
"It's a once-in-a-generation investment in America, unlike anything we've seen or done," Biden said in Pittsburgh
 "Biden proposes $2 trillion 'once-in-a-generation' investment in US economy")
S&P 500 hits record high ahead of Joe Biden's spending plan outline
The size and scale of the proposal, as well as the question of how it would be paid for is likely to set the stage for the next partisan clash in Congress.
 "S&P 500 hits record high ahead of Joe Biden's spending plan outline")
Wells Fargo says no losses from Archegos downfall
(Reuters) - Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and it did not experience any losses related to the closing of its exposure.
 "Wells Fargo says no losses from Archegos downfall")
US SEC says it's been monitoring Archegos fallout since last week
"We have been monitoring the situation and communicating with market participants since last week," an SEC spokesperson said in emailed statement
 "US SEC says it's been monitoring Archegos fallout since last week")
Sensex, Nifty jump over 2% to record highest increase in 2 months
Sensex leaps 1,128 points to reclaim 50,000, Nifty rises 338 points as it moves near 15,000-mark
 "Sensex, Nifty jump over 2% to record highest increase in 2 months")
Bonds on watch
Inclusion in global indices would demand higher fiscal standards
 "Bonds on watch")
Wall Street rises on tech rebound; Tesla gains
NEW YORK (Reuters) - U.S. stocks rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.
Is global turbulence likely?
The US Fed has learned from the "taper tantrum", and will carefully choreograph words and deeds in the coming years
 "Is global turbulence likely?")
Facebook lifts S&P 500 and Nasdaq as US Treasury yields pause
Reversing a recent trend, so-called growth stocks mostly outperformed value stocks viewed as more likely to outperform as the economy recovers from the coronavirus pandemic
Wall Street ends sharply lower, hit by bond yields and Covid-19 worries
Losses in US stocks accelerated after France's prime minister imposed a month-long lockdown on Paris and several other regions due to the health crisis
Fed's Jerome Powell faces political test on bank capital relief issue
On March 31, an emergency pandemic regulatory relief measure that for the past year has allowed Wall Street banks to hold less loss-absorbing capital against certain assets is due to expire
 "Fed's Jerome Powell faces political test on bank capital relief issue")