Page 40 - Wall Street

S&P 500, Dow Jones hit record highs after upbeat jobless claims data

Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback and helping the benchmark S&P 500 surpass its Feb. 16 peak of 3,950.43

Decoded: What is SPAC and is it the real thing or a misplaced hype?

Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter

Wall Street: Dow hits all-time high after upbeat jobless claims data

Dow Jones Industrial Average rose 214.88 points, or 0.67%, to 32,511.90

US stocks open higher on Wall Street with help from Big Tech companies

Stocks are starting higher on Wall Street with an assist from technology companies, which have seen big swings in recent days. The S&P 500 index was up 0.7 per cent in the early going Thursday, while the tech-heavy Nasdaq was up 1.7 per cent. The Dow Jones Industrial Average was up a more modest 0.2 per cent, a day after closing at its latest record high. The recent return of stability to the bond market has been reassuring investors after a sudden spike in long-term interest rates over the past month prompted traders to dump tech shares, which started to look expensive after months of gigantic gains.

GameStop shares see wild swings, other 'meme stocks' soar

NEW YORK (Reuters) - GameStop gyrated wildly on Wednesday, continuing a ride that has vaulted shares of the video game retailer and other so-called meme stocks near levels last seen during their late-January rally.

Dow hits record high as inflation fears recede after data

(Reuters) - The blue-chip Dow index hit a record high on Wednesday after tepid consumer prices data for February eased concerns about a spike in inflation and elevated bond yields.

US gaming platform Roblox seen surging in NYSE debut

(Reuters) - Shares of U.S. gaming company Roblox Corp were set for a jump of up to 60% in its New York Stock Exchange trading debut on Wednesday, which would value the company at more than $46 billion.

Wall Street opens higher on tepid inflation data as economy gains momentum

Major U.S. stock indexes opened higher on Wednesday after data showed underlying consumer prices remained tepid in February, easing concerns about a spike in inflation

Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump

Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).

Nasdaq surges 3% as tech stocks roar back

(Reuters) - U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses from the previous session, as U.S. bond yields retreated and investors picked up battered technology stocks.

Markets rally as bonds yield; Sensex jumps 1.2%, led by bank stocks

Investor sentiment was boosted after the futures markets indicated a strong opening on Wall Street

Nasdaq jumps 400 points as tech stocks gain ground; Tesla rises 14%

Tesla Inc. shares rebounded on Tuesday after a five-day losing streak wiped out about $149 bn from the company's valuation

S&P 500, Dow advance as stimulus bill gets US Senate nod

(Reuters) - The S&P 500 and the Dow climbed on Monday, led by stocks poised to benefit the most from an economic rebound as the U.S. Senate passed the $1.9 trillion COVID-19 relief aid, while heavyweight tech-related stocks swung between gains and losses.

Nasdaq drops at open as US stimulus fuels inflation jitters

The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell

Weak global cues, high Brent crude cap gains on D-St; Sensex ends 36 pts up

Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.

Citigroup sees the days of traders slamming phones coming to an end

Citigroup has been working to boost the share of women from assistant vice president up through the managing director level to bolster its efforts to close the pay gap between male and female employee

Wall Street surges on US jobs data, global equity markets regain ground

Investors were spooked this week by rising interest rates, which offset optimism about an economic rebound.

Indices end lower for 2nd day; Sensex drops 441 pts but up 2.5% this week

On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains

Powell disappointment hits European stocks, tech slides again

The pan-European STOXX 600 fell 0.9% in early trading

Wall Street slumps on US Fed remarks on inflation, jobs; bond scare

Benchmarke US Treasury yields rose toward last week's highs as Powell spoke, and the dollar hit a three-month high