Page 38 - Wall Street

S&P 500, Dow slip as focus turns to tech firms' quarterly earnings

Chipmaker Intel Corp is slated to report results on Thursday.

Wall Street Week Ahead: Tech retakes market lead as investors eye yields

One of the key drivers of the move in tech has been the Treasury market

Indices end choppy day in the green; Sensex up 28 pts; Wipro soars 9%

Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer on the Nifty after clocking its best performance in Q4 in a decade

Asian shares mixed as vaccine wait tempers Wall Street optimism

Asian shares were mixed Friday as jubilance over positive US economic data and a Wall Street record high were tempered by caution in the region, where the coronavirus vaccine rollout has lagged. Japan's benchmark Nikkei 225 gained 0.1 per cent to 29,674.31 in morning trading. Australia's S&P/ASX 200 fell nearly 0.1 per cent to 7,052.30. South Korea's Kospi was little changed, inching up less than 0.1 per cent to 3,194.49. Hong Kong's Hang Seng inched down less than 0.1 per cent to 28,771.21, while the Shanghai Composite added 0.2 per cent to 3,406.93. The contrast in the speed of the vaccine rollout has been striking between the US and Asia. Nearly half of American adults have gotten at least one dose of the vaccine, and about 30 per cent of adults in the US have been fully vaccinated, according to the Centers for Disease Control and Prevention. Japan, where inoculations for the public have barely started, has seen a resurgence of infections in recent weeks. The country's western

Wall Street for all? India's beleaguered cryptocurrency crowd fights back

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets

Global Markets: US stock futures buoyant on easing inflation fears

LONDON (Reuters) - U.S. stock futures were buoyant before the open on Friday after the S&P 500 rose to a record on Thursday on easing inflation fears, and world stocks also scored a record high.

World stocks hit record high as technology shares cheer on Wall Street

Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding US inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows

Bringing SPACs to India

SPAC, a novel shell company structure, may be useful but effective investor protection measures and education are key

God and man collide in rise and fall of Bill Hwang's life on Wall Street

The story of a mind-boggling fortune made in stealth and then wiped out in a blink has sent shock waves through mighty banks.

S&P 500 rides Microsoft, Amazon to record close north of 4,000

Unofficially, the Dow Jones Industrial Average rose 0.53% to end at 33,155.85 points, while the S&P 500 gained 1.19% to 4,020.07.

S&P 500 hits 4,000 mark for first time on tech strength, reopening optimism

Seven of the 11 S&P sectors rose, with technology and communication services gaining more than 1.5%

S&P 500 hits record high ahead of Joe Biden's spending plan outline

The size and scale of the proposal, as well as the question of how it would be paid for is likely to set the stage for the next partisan clash in Congress.

Wall Street opens higher on optimism over Joe Biden spending plan

Tech stocks lifted all three major indexes on Wednesday as investors awaited details on US President Joe Biden's massive infrastructure plan, while Wall Street eyed its fourth straight quarterly gain

The start-up enemies of Wall Street are booming

Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment

Wells Fargo says no losses from Archegos downfall

(Reuters) - Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and it did not experience any losses related to the closing of its exposure.

US SEC says it's been monitoring Archegos fallout since last week

"We have been monitoring the situation and communicating with market participants since last week," an SEC spokesperson said in emailed statement

Biggest Japan bank joins Nomura in bracing for Archegos loss: Report

Japan's largest bank warned of a potential $300 million loss related to a US client, a hit that's linked to Archegos, a person familiar with the matter said

Credit Suisse girds for billions in losses from Archegos Capital hit

The Swiss bank expects its loss tied to the implosion of Archegos Capital Manag­ement to run into the billions, according to people with knowledge of the matter

Sensex, Nifty jump over 2% to record highest increase in 2 months

Sensex leaps 1,128 points to reclaim 50,000, Nifty rises 338 points as it moves near 15,000-mark

Opaque world of trading

Archegos implosion: Regulators must ask some serious questions