Page 10 - Us Stocks

Global Markets: US stock futures buoyant on easing inflation fears

LONDON (Reuters) - U.S. stock futures were buoyant before the open on Friday after the S&P 500 rose to a record on Thursday on easing inflation fears, and world stocks also scored a record high.

GameStop shares rise over plan to replace chairman with Ryan Cohen

Kurtis Wolf resigned effective April 5, GameStop said in a filing Thursday. The company said the resignation didn't result from a disagreement over operations, policies or practices

Gold dips as firmer dollar, global economic recovery hopes boost markets

The dollar index held firm near four-month highs against its rivals, making gold more expensive for holders of other currencies

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

Banks, energy stocks drag Wall Street lower; Joe Biden's presser in focus

Ten of the 11 S&P sectors fell in early trading

GameStop leads meme stocks lower, on track for sharp weekly drop

Shares of GameStop Corp slid further in early trade on Tuesday, continuing a slump that has seen the videogame retailer's stock shed a third of its value so far this week

US stocks open higher on Wall Street with help from Big Tech companies

Stocks are starting higher on Wall Street with an assist from technology companies, which have seen big swings in recent days. The S&P 500 index was up 0.7 per cent in the early going Thursday, while the tech-heavy Nasdaq was up 1.7 per cent. The Dow Jones Industrial Average was up a more modest 0.2 per cent, a day after closing at its latest record high. The recent return of stability to the bond market has been reassuring investors after a sudden spike in long-term interest rates over the past month prompted traders to dump tech shares, which started to look expensive after months of gigantic gains.

Dow hits record high as inflation fears recede after data

(Reuters) - The blue-chip Dow index hit a record high on Wednesday after tepid consumer prices data for February eased concerns about a spike in inflation and elevated bond yields.

Nasdaq drops at open as US stimulus fuels inflation jitters

The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell

Sensex, Nifty rebound as yield pressure eases; ONGC, UltraTech gain

The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment

GameStop rally fizzles; shares still register 151% weekly gain

(Reuters) - GameStop Corp closed 6% lower on Friday as an early rally fizzled but the stock finished the week 151% higher in a renewed surge that left analysts puzzled.

US' biggest crypto bourse Coinbase files IPO papers for Nasdaq listing

The company won't raise any proceeds in the transaction, Coinbase said in a filing with the US Securities and Exchange Commission on Thursday.

S&P 500, Nasdaq hit record closing highs amid upbeat earnings, data

Dow up 1.1%, S&P 500 up 1.1%, Nasdaq up 1.2%

S&P 500, Nasdaq open higher after strong Alphabet, Amazon quarter results

(Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon, while investors counted on more fiscal stimulus to aid an economic recovery.

Billionaire Steve Cohen quits Twitter, citing threats in GameStop uproar

The details of Cohen's holdings were not disclosed, so it was unclear if he was a short seller.

GameStop short nightmare shows few signs of becoming a contagion

Short sales have actually dwindled during the past year to the lowest level since at least 2008

Markets see worst weekly setback since May, Sensex off 7.8% from peak

FPIs sell Rs 5,931 crore on Friday, most since March

GameStop slugfest spreads to Australia as calls for probe build

In the United States, the WallStreetBets forum on Reddit that is seen as having fuelled the rallies briefly closed its doors on Wednesday as membership jumped past 4 million

Investors should rebalance exposure to US-focused funds; don't exit

Profits booked in these funds should be deployed in a diversified EM fund

Dow, Nasdaq hit record highs as focus turns to Biden's stimulus plan

Dow Jones Industrial Average rose 116.19 points, or 0.38%, to 31,178.17, Nasdaq Composite gained 81.07 points, or 0.62 %, to 13,210.89