Page 10 - Us Stocks

More drops in Big Tech pull stocks lower; Bitcoin drops another 20%

US stocks are opening broadly lower, extending a weak streak into a third day.

Wall St extends recovery at end of volatile week as investors turn hopeful

Wall Street's major indexes are set for their steepest weekly drop since February after stronger-than-expected inflation data, signs of labor shortage and higher commodity prices

Inflation woes push US stocks to 1-month low; dollar struggle

Investors bet that rising inflation could erode the currency's value

Bezos wraps up Amazon stock sale for $6.7 billion, continues to hold 10%

Jeff Bezos sold $1.7 billion of Amazon.com Inc. stock, bringing the amount he's unloaded this month to about $6.7 billion.

US stocks mixed, treasuries drop after Fed keeps rates pinned near zero

The Federal Reserve has maintained the pace of bond purchases as was widely expected

As small-cap stocks lag, Wall Street worries about broad slowdown

Wall Street is also bracing for the Biden administration's expected proposal to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.

US respiratory portfolio to drive medium term sales growth for Cipla

In the domestic market, growth is expected to come from Covid-related drugs

GameStop CEO George Sherman to resign amid pivot in business strategy

Its board is searching to identify chief executive officer candidates.

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.