Page 9 - Us Stock Markets
Wall Street dips as earnings gather pace, jobless claims fall
Eight of the 11 major S&P 500 sector indexes were trading lower, with technology falling 0.5% and set to snap a four-day winning streak.
 "Wall Street dips as earnings gather pace, jobless claims fall")
Falling US bond yields may signal death knell for 'reflation' stock trade
Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year's most successful plays - the so-called reflation trade
US stocks edge up after Federal Reserve minutes, bonds steady, dollar firm
US Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record highs
 "US stocks edge up after Federal Reserve minutes, bonds steady, dollar firm")
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")
Distant thunder in the world economy
We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation
 "Distant thunder in the world economy")
Joe Biden's $6 trillion budget: Social spending, taxes on business
Biden has already described, in general terms, major plans on infrastructure and he won a major victory on Covid-19 relief earlier this year
 "Joe Biden's $6 trillion budget: Social spending, taxes on business")
Federal Reserve officials signal open to taper talk at 'upcoming meetings'
US Treasuries declined on heavy futures volumes after the minutes were published
 "Federal Reserve officials signal open to taper talk at 'upcoming meetings'")
US stocks fall with tech shares; dollar touches lowest since late February
Wall Street stocks fell on Tuesday, with technology shares turning lower in late New York trading, while the US dollar touched its lowest level since late February
 "US stocks fall with tech shares; dollar touches lowest since late February")
India, emerging markets lag US in first 100 days of Joe Biden as president
Strong economic growth in the US coupled with aggressive stimulus measures and rapid vaccination has propelled the world's biggest market
 "India, emerging markets lag US in first 100 days of Joe Biden as president")
Biden willing to negotiate on corporate taxes, 'sick & tired' of non-payers
"I'm willing to negotiate that," he told reporters. "But we've got to pay for this."
 "Biden willing to negotiate on corporate taxes, 'sick & tired' of non-payers")
Here's how the American SPACs rocket failed to take off in Europe
There have only been 10 SPAC listings in Europe in 2020 and 2021, with a total value of about $1.3 billion
 "Here's how the American SPACs rocket failed to take off in Europe")
US futures slip as bank stocks fall on hedge fund default concerns
ViacomCBS, Baidu and VIPShop fell between 0.2% and 1.5%
Large block trades tied to Archegos raise worries about trading this week
A number of large block trades on Friday, which investors said caused big drops in the stocks of a clutch of companies, were linked to the Archegos Capital investment fund
 "Large block trades tied to Archegos raise worries about trading this week")
Chinese tech firms face US ultimatum over issue of US accounting standards
New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards
 "Chinese tech firms face US ultimatum over issue of US accounting standards")
GameStop mulls share sale after Reddit-fueled rally; stock dips after hours
The company reported a dip in quarterly net sales, which also missed analysts' expectations, and a decline in gross margins
 "GameStop mulls share sale after Reddit-fueled rally; stock dips after hours")
GameStop, other 'meme stocks' soar as US markets eye stimulus boost
GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains
Beware of 'frothy' SPACs, London Stock Exchange warns investors
"There is clearly some froth in the US market for SPACs," London Stock Exchange Chief Executive David Schwimmer told reporters
 "Beware of 'frothy' SPACs, London Stock Exchange warns investors")
US President Joe Biden's SEC nominee vows review of GameStop trading issues
As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing
Never bet against America, says Buffett; reveals $10-billion mist
Singles out Apple among top three valuable holdings; snaps up record $24.7 billion of own stock
 "Never bet against America, says Buffett; reveals $10-billion mist")
Higher bond yields in the US led to lower Nifty P/E, shows data
Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of around 40x
 "Higher bond yields in the US led to lower Nifty P/E, shows data")