Asian stock markets were mixed Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Hong Kong retreated while Seoul gained. Markets in Japan, China and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent. It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. The Hang Seng in Hong Kong lost 0.3 per cent to 23,332.13 while Seoul's Kospi rose 0.3 per cent to 2,987.29. Singapore, Jakarta and Malaysia advanced. Thai markets were closed. Also Monday, Singapore's government announced its economy grew by 7.2 per cent last year, rebounding from the previous year's 5.4 per cent contraction. On Friday, the S&P 500 slipped 0.3 per cent to 4,766.18. The Dow Jones Industrial Average slid 0.2 per cent to ...
Seven of the 11 major S&P 500 sector indexes traded higher, led by the real estate sector
Corporate leaders say the vice president is continuing to engage them on other challenges, from the resurgence of the coronavirus to supply chain constraints and semiconductor shortages
Asset classes from oil to equities have clawed back losses from late November, when the Omicron variant of COVID-19 sent investors scurrying for safety
The S&P 500 was up 7.62 points, or 0.16%, at 4,798.81, and the Nasdaq Composite was up 3.97 points, or 0.03%, at 15,875.23
The Nasdaq Composite added 196.73 points, or 1.26%, at 15,850.10
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With the fourth wave of the pandemic now in full force, financial firms are once again grappling with when they can realistically get back to business-as-usual
NEW YORK (Reuters) -U.S. stock indexes closed broadly higher on Wednesday after investors cheered positive economic data and the White House said it was resuming talks on a massive social spending and climate change bill with a holdout senator.
The Dow Jones Industrial Average rose 539.76 points, or 1.55%, to 35,471.92, the S&P 500 gained 72.79 points, or 1.59%, to 4,640.81
HONG KONG (Reuters) -Asian shares advanced on Tuesday, shrugging off a bruising Wall Street session, as Chinese markets cheered Beijing's move to help troubled property firms, although surging cases of the Omicron coronavirus variant remain a worry for investors.
US stocks ended trading down by more than 1%, pressured lower by surging Omicron coronavirus cases and a possible fatal blow to a $1.75 trillion domestic spending bill
Heavyweight tech shares fall, financials erase gains; Oracle falls on report co in talks to buy Cerner
The BSE Midcap and Smallcap indices ended with losses of 2.4 per cent and 2.1 per cent, respectively. Declining stocks outpaced advancing shares in more than 2:1 ratio
Omicron remains a wild card in the equation with the full impact of the new coronavirus variant as yet unclear, analysts said
The broader markets also weakened towards the end of the trading session; Sun Pharma, however, gained nearly 3 per cent.
US consumer prices increase further in November; Oracle leaps on upbeat quarterly results, outlook
Nine of the 11 major S&P sectors declined in early trading; CVS rises on 2021 profit forecast raise, 2022 outlook
The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE
Investment bank Jefferies Financial Group on Wednesday asked staff to work from home again due to a spate of Covid-19 cases