Page 37 - Wall Street

Wall Street drops as strong April inflation data fuels rate hike bets

US consumer prices jump more than expected in April; Electronic Arts gains on upbeat revenue forecast

Wall Street drops on inflation jitters, tech stocks' selloff in focus

Simon Property drops on bleak outlook; energy stocks fall as oil prices slide

Wall Street giants get swept up by India's brutal coronavirus wave

India's total coronavirus infections have risen to 21.5 million, of which about a third were added since mid-April

Wall Street giants' outsourcing ops in India suffer as workers call in sick

A growing number of employees are either sick or scrambling to find critical medical supplies such as oxygen for relatives or friends

S&P, Dow Jones bring bitcoin, ethereum to Wall St with crypto indexes

The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them

Investor Warren Buffett's ESG snub risks alienating Wall Street

Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

Wall Street kicks off month on strong footing, growth stocks lag

With more than half of S&P 500 companies having already reported results so far, profits are seen rising 46 per cent in the first quarter

World shares mixed after retreat on Wall Street

Shares were higher in Europe on Monday after a retreat in Asia, where some markets including those in Tokyo and Shanghai were closed for holidays. London was also closed for the May Day holiday. Hong Kong and Seoul declined while Paris and Frankfurt advanced. US futures were higher. Oil prices were mixed and the yield on the 10-year Treasury note was steady at 1.62 per cent. Markets have mostly climbed in recent weeks as investors remain optimistic that the pandemic is slowly and steadily coming to a close, at least in the United States. Germany's DAX climbed 0.6 per cent to 15,226.91 while the CAC 40 in Paris was 0.5 per cent higher, at 6,298.02. The futures for the S&P 500 and the Dow industrials were up 0.5 per cent. The global recovery from the pandemic remains uneven. In much of Asia and many other countries, coronavirus caseloads have surged while vaccination levels remain low. Hong Kong's Hang Seng lost 1.3 per cent to 28,357.54 and the Kospi in South Korea slipped 0.7 pe

Sensex tanks 984 pts, ends at 48,782; financials crack; Nifty Pharma up 1%

On a weekly basis, both the frontline indices snapped their 3-week losing streak and added around 2 per cent higher each

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates

Global shares mostly higher before Fed meeting, Joe Biden speech

Global shares were moderately higher in listless trading Wednesday, as investors watched for news out of a Federal Reserve meeting. France's CAC 40 gained 0.3% in early trading to 6,291.87, while Germany's DAX edged up 0.2% to 15,279.81. Britain's FTSE 100 rose 0.2% to 6,961.41. The future for the Dow industrials slipped 0.1% to 33,834, and S&P 500 futures rose 0.1% to 4,182.12. Japan's Nikkei 225 added 0.2% to finish at 29,053.97, while South Korea's Kospi slipped 1.1% to 3,181.47. Australia's S&P/ASX 200 added 0.4% to 7,064.70. Hong Kong's Hang Seng climbed 0.5% to 29,071.34, while the Shanghai Composite rose 0.4% to 3,457.07. Analysts said Asian investors have adopted a wait-and-see stance ahead of the Fed meeting. But the wider point and the bigger driver of markets, as equities shuffled nervously ahead of the FOMC meeting today, is arguably just how much restraint the Fed will exercise, said Venkateswaran Lavanya at Mizuho Bank. Also on tap is President Joe Biden's speech

Blackstone chief Schwarzman commits $5 mn to India in pandemic aid

The Wall Street-headquartered alternative investment management giant Blackstone on Wednesday announced a $5-million aid to help India to fight the raging coronavirus pandemic

Wall Street edges higher at open ahead of big tech earnings season

The Dow Jones Industrial Average rose 0.74 points, or 0.00%, at the open to 34,044.23

As small-cap stocks lag, Wall Street worries about broad slowdown

Wall Street is also bracing for the Biden administration's expected proposal to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.

Financials lift Sensex 508 pts up; pharma stocks, HCL Tech miss D-St rally

Investors booked profit in the pharma counters after a healthy rally over the past week. The index settled 0.87 per cent down.

Asian shares advance after strong finish on Wall Street last week

Shares opened higher in Asia on Monday after a strong finish last week on Wall Street. Tokyo, Hong Kong, Seoul and Shanghai all started out with modest gains and U.S. futures also edged higher. Oil prices slipped. Stocks climbed Friday in New York, though the S&P 500 still ended with its first weekly loss in the last five. Technology stocks and banks led much of the gains, while investors focused on lackluster company earnings from big names like Intel, American Express and Honeywell. So far, Asian markets have taken in stride recent setbacks in vanquishing the pandemic as infections have come roaring back in Japan, Thailand and India, among other countries. Government precautions to battle surging outbreaks point to an uneven global recovery, economists say. That's especially true for tourism, an important industry for many parts of the region. Tokyo's Nikkei 225 added 0.3% to 29,120.12 and the Hang Seng in Hong Kong edged less than 0.1% higher to 29,093.33. In Seoul, the Kospi .

Indices decline for 3rd straight week; Sensex slips 202 pts, ends below 48K

The overall market breadth remained in the favour of the bulls, courtesy rally in the broader markets

Investors dump FMCG for financials; Sensex gains 375 pts, ends above 48K

From a low of 30,555 hit earlier in the day, the Nifty Bank index ended at 31,783, up 2.15 per cent

Wall Street worries over Netflix fatigue as subscriber losses mount

Slowdown in subscriber growth pointed to fatigue among viewers after a year of Covid-19-driven binge streaming.

Global Markets: Wall Street heads for subdued start as Netflix, oil drop

Wall Street fell sharply on Tuesday as a global spike in Covid-19 cases hit travel stocks.