Oil prices were at multi-year highs, a drag on growth in energy-importing markets in north Asia, but good news for some energy-exporting markets in Southeast Asia
The Dow Jones Industrial Average rose 532.21 points, or 1.55%, to 34,910.02
The BSE m-cap stood at Rs 272.8 trillion by close
JPMorgan falls, BlackRock gains on strong Q3 earnings; Apple falls after report of lower iPhone production
Titan (up 6 per cent), Bajaj Finserv, Bajaj Auto, Divis Labs, SBI, Hindalco, and Hero MotoCorp were the top gainers on the 50-pack index
US crude jumped 2.28% to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9% to $83.98
The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels
Stocks rebounded this week after Monday's losses left the S&P 500 down 5.2% from its record high hit in September
Robinhood said at the end of last quarter it had 21.3 million active users, with an average age of 31, and that half of those were first-time investors
Stocks looked set to hold most of the previous session's gains as investors welcomed the US Senate's temporary lifting of the debt ceiling
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
The Dow Jones Industrial Average rose 1% to end at 34,760.34 points, while the S&P 500 gained 0.83% to 4,399.82
In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively
Facebook bounces as services resume following outage; tech and financials among top advancers
The Dow Jones Industrial Average fell 0.94% to end at 34,002.92 points, while the S&P 500 lost 1.30% to 4,300.46
World markets tumbled Friday on the tail of Wall Street's worst monthly loss since the beginning of the pandemic. Shares dropped in Paris, London, Frankfurt and Tokyo. Shanghai and Hong Kong were closed for a holiday. The S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020. After climbing steadily for much of the year, markets have become unsettled with the spread of the more contagious delta variant of COVID-19, surging long-term bond yields and word that the Federal Reserve may start to unwind its support for the economy. Rising inflation also has caused investors to reconsider recent high prices for shares, leading many to sell tech stocks that have soared during the pandemic. Germany's DAX lost 0.8% to 15,134.21 and the CAC 40 in Paris slipped 0.8% to 6,465.81. London's FTSE 100 declined 1% to 7,013.74. US futures also retreated, with the contract for the Dow industrials shedding 0.7%. The future contract for the S&P 500
Stock Market LIVE: The HDFC twins and Bajaj Finance are the major contributors for the Sensex 30, while Reliance Industries, ICICI Bank, Asian Paints and Infosys are the key draggers
Analysts see correction as a trend reversal that could last a while
Stocks sensitive to economy lead gains; US core capital goods orders, shipments rise in August
Nike slips after cutting full-year sales estimate; crypto firms fall as China's crackdown deepens