Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day. London opened little-changed while Frankfurt, Shanghai and Hong Kong advanced. Tokyo and Sydney declined. On Wall Street, the future for the benchmark S&P 500 index was up less than 0.1%. US stocks were boosted Monday by gains for construction-related stocks after Congress last week approved a $1 trillion infrastructure bill. Meanwhile, the deputy chairman of the Federal Reserve, Richard Clarida, said conditions to raise interest rates might not be met until late next year. Traders worry a spike in inflation might prompt central banks to withdraw stimulus that helped to boost stock prices. Investors will be on the lookout for any clues that signal an adjustment to central banks' taper process and rate hikes expectations, Anderson Alves of ActivTrades said in a report. In early trading, the FTSE 100 in London lost less than 0.1% to 7,298.82 and the DAX in Frankfurt advanced 0.1% to 16,070.01.
Vedanta had earlier said the decision to delist American depositary shares from the New York Stock Exchange (NYSE) is aimed at simplification and triggered by the low trading volumes in the security
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Fed holds to view high inflation to be transitory; Dow down 0.14%, S&P up 0.15%, Nasdaq up 0.41%
The Dow Jones Industrial Average was down 114.93 points, or 0.32%, at 35,937.70
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The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent
Investors are weighing whether momentum from stock market's record-breaking rally will continue in last two months of 2021, a traditionally strong calendar period for equities
The Dow Jones Industrial Average rose 89.08 points, or 0.25%, to 35,819.56
Apple's Q4 revenue falls short of expectations
Amazon.com, Apple fall in late trade after quarterly reports; Caterpillar, Merck rise after posting higher profits
Ford shares rose as high as $17.17 in early trading Thursday after closing Wednesday at $15.51
Dow down 0.74%, S&P 500 down 0.51%, Nasdaq unchanged
Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure
GE rises on lifting 2021 earnings forecast; UPS jumps as results beat on e-commerce demand
Revenue growth for Azure, the company's flagship cloud-computing business, came in at 48% in constant currency to beat analysts' estimates of 47.5%
Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants
Overall, companies representing 46% of the S&P 500's market value are due to post quarterly results next week, according to Goldman Sachs.
On the day, MSCI's broadest gauge of global shares was flat, and the S&P 500 and Nasdaq ended lower