Page 34 - Wall Street

Wall Street dips as declines in cyclical stocks outweigh growth boost

The Commerce Department said retail sales rebounded 0.6% last month, as spending is shifting back to services, bolstering expectations that economic growth accelerated in the second quarter

Sensex gyrates 294 pts, ends 19 pts down; Nifty holds 15,900; IT, banks dip

The mid- and small-cap indices meanwhile, outperformed and ended over 0.4 per cent higher each

Wall Street dips as earnings gather pace, jobless claims fall

Eight of the 11 major S&P 500 sector indexes were trading lower, with technology falling 0.5% and set to snap a four-day winning streak.

Sensex adds 134 pts; Mindtree jumps 8%, Wipro adds 7%, realty stocks slip

In the primary market, the Rs 9,300-crore initial public offer (IPO) of Zomato was subscribed 57 per cent till 3:30 PM on the first day of the issue

Banks, RIL lift Sensex 397 pts; broader indices underperform

ICICI Bank (up 2.7 per cent), HDFC, Axis Bank, Sun Pharma, and NTPC were the top gainers on the frontline S&P BSE Sensex

Sensex fluctuates 491 pts, ends 13 pts down; realty stocks rally; IT slide

The broader markets, on the flipside, outperformed the benchmarks with the BSE MidCap and SmallCap indices rallying 0.40 per cent and 0.75 per cent, respectively

Decarbonisation isn't goal, human welfare is: World Resources Institute CEO

Dasgupta tells Subhomoy Bhattacharjee that India's requirements to ensure energy for all its citizens and raise per capita income should be an acceptable part of global climate strategy

Growth worries, Chinese tech rout drag Wall Street lower; Dow tanks 500 pts

Weekly jobless claims rise unexpectedly last week; economy linked stocks, mega-cap tech names under pressure

Technology companies help pull stocks broadly lower on Wall Street

Stocks fell broadly in early trading on Wall Street Thursday as traders turned cautious following a series of record highs for major U.S. indexes. The S&P 500 pulled back 1.3per cent, and about 95per cent of the stocks in the index were lower. Technology companies were having some of the biggest losses, which helped pull the Nasdaq composite down 1.5per cent. Bond yields continued to fall as traders worried that the Federal Reserve will start withdrawing some of its measures supporting the economy. The yield on the 10-year Treasury note fell to 1.30per cent. It traded as high as 1.74per cent at the end of March.

Wall Street: Futures tumble on growth worries, Chinese tech rout

Atlanta Federal Reserve President Raphael Bostic warned that a spike in the highly infectious variant could hamper a US economic recovery

Wall Street is raising payouts to investors on stress-test success

Shares of Morgan Stanley climbed 3.71 per cent during early New York trading

Asian stock markets lower after Wall Street recovers to new high

Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from Japan, China and South Korea. Shanghai, Tokyo and Seoul declined. Trading in Hong Kong was suspended due to a weather alert. On Friday, Wall Street's S&P 500 index turned in its biggest weekly gain in four months. Investors have been encouraged by progress in Washington on an infrastructure spending plan. Markets have recovered from the Federal Reserve's announcement that it might start raising interest rates sooner than expected. The S&P's gain is generally telling of improving sentiment, said Mizuho Bank in a report. The Shanghai Composite Index rose less than 0.1% to 3,609.43 while the Nikkei 225 in Tokyo shed 0.3% to 28,984.93. The Kospi in Seoul shed 0.1% to 3,298.52 while the ASX-S&P 500 in Sydney slipped 0.1% to 7,299.00. New Zealand and Jakarta also declined, while Singapore advanced. Investors are looking ahead to monthly surveys of ...

Dubai lures Wall Street jet-setters as events business rebounds

Dubai is moving full-speed ahead with in-person events on the back of fewer travel restrictions and one of the world's most-connected airports

Global stocks finish at record highs, oil prices climb for fifth week

WASHINGTON/LONDON (Reuters) -Wall Street notched broad gains on Friday, with the S&P 500 index closing at a record and global shares also finished at an all-time high, while oil prices rose for a fifth straight week.

FedEx shares fall more than 4% as labor woes weigh on 2022 outlook

Shares in US delivery firm FedEx Corp shed more than 4% after hiring difficulties tempered its 2022 earnings forecast

Wall Street rises as Fed, PMI give boost; global share mkts also up

The market is still feeling the aftereffects of the Fed's surprise projection last week for rate hikes as soon as 2023, which knocked stocks

European stocks slip, Wall Street futures point to a slightly higher open

The STOXX 600 was 0.3% lower on the day but was up around 1.5% from the lows it hit on Monday.

Wall Street rises as Fed chief Powell testifies to panel, oil wavers

Wall Street moved past mixed results in early trading to post solid gains by the afternoon, as investors awaited Powell's testimony to a congressional panel

Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr

Business Standard brings you top news of the day

US stocks open higher, led by gains in banks and industrial firms

Stocks are opening mostly higher on Wall Street, getting the week off to a positive start after the S&P 500 posted its biggest weekly decline since February. The benchmark index was up 0.3 per cent in the first few minutes of trading Monday. Banks and industrial companies were doing the best, while several big technology companies were falling. That helped pull the tech-heavy Nasdaq composite down 0.4 per cent. Investors will be keeping an eye on more data coming out on inflation this week, as well as earnings from Nike and FedEx. Bond prices fell. The yield on the 10-year Treasury note rose to 1.48 per cent. Investors are still thinking over the Federal Reserve's signal that it may raise current ultra-low interest rates sooner than expected and slow its market-supporting bond purchases. Part of the Fed's mission is to keep prices under control. The fear is that burgeoning inflation may prompt central banks to dial back the lavish support that has lifted markets to new highs after