Page 44 - Wall Street

World stocks look to extend bull run to 12th day on economic optimism

Oil prices soared to a 13-month high as a deep freeze due to a severe snow storm in the United States not only boosted power demand but also threatened oil production in Texas

D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally

The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels

Roaring Kitty to testify on GameStop alongside hedge fund managers

The witness list was announced on Friday by Congresswoman Maxine Waters and includes Keith Gill, who also goes by Roaring Kitty

Wall Street opens lower; investors grow cautious on outlook

The market remains focused on trillions of dollars of potential government aid that could be coming for the economy, as Democrats move forward with their stimulus package.

Sensex ends volatile trade 12 pts up; RIL jumps 6% this week, ITC down 7%

On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent

S&P 500, Nasdaq drift towards record highs as data fuels stimulus bets

Other payments companies PayPal Holdings Inc and Visa Inc gained 7% and 2%, respectively.

Wall Street opens higher after US President Biden speaks with Xi Jinping

Wall Street is opening higher Thursday, after President Joe Biden held his first talk with Chinese leader Xi Jinping since taking office. The S&P 500 was up 0.3 per cent in the first minutes of trading to 3,921, heading toward another record high. Dating app Bumble begins trading later today. Rival Match Group hit an all-time high on Wednesday. Stocks have been rising after a government inflation report suggested the US economy can absorb more stimulus without overheating. The yield on the 10-year Treasury note held at 1.15 per cent after being as high as 1.20 per cent earlier this week. Oil prices were lower. World stock indexes were mostly higher on Thursday after President Joe Biden held his first conversation with Chinese leader Xi Jinping since taking office, though there was no indication of any major change in US trade policy. Many markets in Asia were closed for the Lunar New Year and other holidays. Benchmarks in Paris, Frankfurt and Hong Kong, rose, while London was ...

Sensex ends 222 pts higher, Nifty tops 15,150; RIL gains 4%, PSB stocks dip

On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)

Wall St turns sharply lower after hitting record highs ahead of Fed talk

(Reuters) - Wall Street's main indexes turned negative in volatile trading on Wednesday after the S&P 500 and the Dow hit record highs at the open on hopes of faster economic growth.

Autos, RIL set-off losses in banks; Sensex dips 20 pts, Nifty holds 15,100

The broader markets, however, bucked the trend and ended higher today. The S&P BSE MidCap and SmallCap indices added 0.7 per cent and 0.4 per cent, respectively at close

Wall Street eases from record levels at open; stimulus in focus

The Dow Jones Industrial Average fell 25.9 points, or 0.08%, at the open to 31359.88

Wall Street scales all-time high on stimulus bets, vaccine optimism

The Congress on Friday approved a budget plan that would allow a coronavirus relief bill to muscle through in the coming weeks without Republican support

Wall Street at all-time highs as investors make risky stimulus bets

Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery.

Bull-run enters 6th day; Sensex soars 617 pts, Nifty ends above 15,100

Weightage-wise, Infosys (up 3 per cent), Reliance Industries, ICICI Bank, M&M, and TCS contributed around 408-points towards overall gains on the index

Best of BS Opinion: Lessons from GameStop, Covid-19 vaccine, and more

Here's a selection of Business Standard opinion pieces for the day

Lessons from GameStop

Enforcing against short squeezes should be the first milestone of developing capability in dealing with market abuse

Quest for Hollywood fame splits Redditors fuelling market frenzy

The WallStreetBets fight is the latest twist in the saga of an online army of investors who have roiled Wall Street over the past 10 days

GameStop shares rise after Robinhood removes trading restrictions

Robinhood, among the fee-free online brokers that are credited with fueling the trades, said late on Thursday it had removed all buying restrictions imposed due to a surge in clearing house deposit re

S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound

J&J files Covid-19 vaccine application with the FDA; Indexes up: Dow 0.48%, S&P 0.37%, Nasdaq 0.11%

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively