Page 42 - Wall Street

S&P 500, Nasdaq open higher after a sharp pullback on Wall Street

(Reuters) - The S&P 500 and the Nasdaq index opened higher on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at one-year high.

Indices log biggest 1-day fall in 9 mths; Sensex sinks 1,939 pts, holds 49K

In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points

Asia stocks skid as global inflation fears, tech woes hit Wall Street

U.S. Treasury yields vaulted to their highest since the pandemic began on expectations of a strong economic expansion and related inflation

GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride

"The power of the "three R's" (Robinhood, Retail, Reddit) are back in play," said Neil Campling, head of technology research at Mirabaud Securities

Wall Street ends sharply lower, tech selloff weighs as bond yields climb

The Dow and the S&P 500 notched their biggest daily decline since late January

GameStop Corp shares soar around 50% as 'meme stocks' rally again

GameStop shares hit $160 at the open before being halted after several minutes of trading and fell to around $129 before the second halt

Reddit suffers major outage as GameStop shares soar 100%

Online discussion forum Reddit suffered a major outage and users were unable to load the website that showed a blank white page for nearly an hour.

GameStop stock doubles in afternoon up by 60%; even Reddit is surprised

GameStop shares were up 60% after hours at around $146, following a 103% rise during the day's trading

Wall Street finish up as Fed's Powell soothes inflation fears

NEW YORK (Reuters) - Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.

Global equities rise as US bond yield fears ease

NEW YORK (Reuters) - A gauge of global equity markets rose on Wednesday after Federal Reserve Chair Jerome Powell said interest rates will remain low, calming market jitters sparked by a jump in U.S. Treasury yields on fears that a robust recovery would drive inflation higher.

GameStop stock doubles in afternoon; even Reddit is surprised

NEW YORK (Reuters) - GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after recent hearings in the U.S. Congress into the fierce rally and steep dive that upended Wall Street in January.

From BSE to Tokyo Stock Exchange, here's a history of trading outages

Often the causes are software glitches, hardware failures and internet connectivity problems

Wall Street opens lower as technology stock declines resume

High-flying growth stocks continued to be pressured by valuation concerns

GameStop finance head to step down as company shifts into tech-driven sale

GameStop said Bell's resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices

S&P 500, Dow closes higher in late session turnaround

NEW YORK (Reuters) - Wall Street reversed course late Tuesday, with the S&P 500 and the Dow whipsawing to positive territory by the closing bell in a tug-of-war between stocks that thrived amid lockdowns and those that stand to benefit most from a reopening economy.

Analysis: Bubbles, bubbles bound for trouble?

LONDON (Reuters) - The $6.2 billion-an-hour rise in the value of world stocks since March was dubbed the "mother of all asset bubbles" by BofA analysts last week - and all of a sudden there is a high-pitched hissing sound.

Tech selloff hits Nasdaq, Jerome Powell comments limit declines

(Reuters) - The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.

Macy's forecasts upbeat 2021 sales on stimulus checks, online shoppers

The upbeat outlook from the US retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis

Nasdaq erases this year's gains in 3% rout, hits lowest level since Jan 29

Tesla Inc. dropped as much as 13% as investors continued to punish stocks that have led the rally from the depths of the pandemic a year ago

Wall Street opens lower ahead of Fed Chairman Jerome Powell's speech

Wall Street's main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony before Congress