Page 36 - Wall Street

Wall Street rises as jobs report calms inflation worries

The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy

Asian shares slip, dragged lower by decline in tech stocks on Wall Street

Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose in Sydney. Traders are awaiting the US government's latest monthly jobs report, expected later Friday. Unemployment data announced Thursday was encouraging. But while an improved jobs market suggests the economy is gaining momentum after the pandemic, investors are keeping a close eye on signs of inflation, which especially hurts the tech sector. The benchmark S&P 500 index dropped 0.4 per cent on Thursday and is on track for a 0.3 per cent weekly loss. Japan's benchmark Nikkei 225 slipped 0.4 per cent to 28,937.79. South Korea's Kospi lost 0.3 per cent to 3,238.40, while Australia's S&P/ASX 200 rose 0.5 per cent to 7,295.40. Hong Kong's Hang Seng fell 0.3 per cent to 28,873.65 and the Shanghai Composite edged 0.1 per cent lower, to 3,581.55. Asian markets will likely be in a holding pattern on Friday, Prakash ...

Wall St falls as strong data fuels inflation fears; AMC falls sharply

The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May

Wall Street treads water ahead of key economic data; AMC soars

(Reuters) - The S&P 500 was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks."

Wall Street indexes edge up with gains in energy and financial shares

Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders.

Wall Street stock indices open higher, unshaken by inflation surge

(Reuters) - Wall Street's main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.

Dow, S&P 500 gain at open as weekly unemployment claims decline

(Reuters) - The Dow and the S&P 500 opened higher on Thursday after data showing fewer weekly jobless claims pointed to an improving outlook for the U.S. economy.

Wall Street CEOs get heat from Congress over social justice, fees & wokeism

the Wall Street bosses frequently found themselves under fire from both sides of the aisle, Democrats and Republicans

Wall Street gains as easing of US bond yields boosts tech-related stocks

Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

Asia shares track Wall Street gains amid easing US inflation fears

Asian shares climbed in early trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes

Wall Street's main indices gain at open as higher oil drives energy stocks

Investors also geared up for key inflation readings later this week

Wall St opens higher as attention shifts to key US business surveys

Wall Street's main indexes opened higher on Friday, extending a recovery from the previous session, as attention shifted to business surveys at the end of a volatile week of trading.

Wall Street on track to snap 3-day losing streak as technology stocks rise

Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims lifted the mood

Stock markets struggle as taper talk, crypto crash put markets on edge

Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed

Wall Street remains lower after Fed minutes show unmet economic goals

A couple of Fed policymakers raised concerns that inflation will rise to "unwelcome" levels before the case for policy action becomes sufficiently evident.

Dow Jones falls 490 points on inflation jitters ahead of Fed minutes

Crypto-related stocks take a hit as digital coins tumble; US 10-year Treasury yield firms ahead of Fed minutes

Walmart beats Street estimates for sales on stimulus spending boost

The firm raises its profit forecast

Dow opens lower as inflation worries persist after strong rebound last week

The Dow Jones Industrial Average fell 6.84 points, or 0.02 per cent, at the open to 34,375.29

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

World stocks mixed after Wall Street rebound led by tech, financial firms

World shares were mostly higher on Friday after a broad rally led by tech and financial companies snapped a three-day losing streak on Wall Street. Germany's DAX gained 0.3% to 15,241.57 while the CAC 40 in Paris rose 0.4% to 6,315.27. Britain's FTSE 100 picked up 0.6% to 7,005.56. The future for the S&P 500 gained 0.5% while that for the Dow industrials added 0.3%. Markets rallied late in the week as prices of key commodities such as copper, zinc and aluminum slipped, alleviating concerns over inflation that had triggered sell-offs. Shares in big semiconductor manufacturers were among the biggest gainers. Japan's Nikkei 225 added 2.3% to 28,084.47 and the Kospi in Seoul picked up 1% to 3,153.32, lifted by gains for Samsung Electronics and SK Hynix, which gained 2.3% and 1.3% after announcing plans to expand their investments in chip production and development. In Hong Kong, the Hang Seng advanced 1.1% to 28,027.57. The Shanghai Composite index gained 1.8% to 3,490.38, while ...