Page 5 - Wall Streets

Wall Street drifts higher as oil prices jump, US manufacturing slumps

US stock indexes drifted closer to their records on Monday, coming off their stellar May, which was Wall Street's best month since 2023. The S&P 500 rose 0.4% after erasing an early loss from the morning. The Dow Jones Industrial Average added 35 points, or 0.1%, and the Nasdaq composite climbed 0.7%. Indexes had been down close to 1% in the morning following some discouraging updates on US manufacturing. President Donald Trump has been warning that US businesses and households could feel some pain as he tries to use tariffs to bring more manufacturing jobs back to the country, and their on-and-off rollout has created lots of uncertainty. But stocks rallied back as the day progressed, and gains for a few influential stocks helped lift the S&P 500 even though more stocks within it fell than rose. Nvidia climbed 1.7%, and Meta Platforms rose 3.6%, for example. Some of Monday's strongest action was in the oil market, where the price of crude spurted more than 3%. The countries in

Asian shares mostly decline as uncertainty grows about Trump tariffs

Asian shares were mostly lower Friday as uncertainty grew about what will happen next after a US court blocked many of President Donald Trump's sweeping tariffs. Japan's benchmark Nikkei 225 lost 1.4 per cent in morning trading to 37,892.39. Government data showed Tokyo core inflation, excluding fresh food, accelerating to a higher-than-expected 3.6 per cent in May. Some analysts say that makes it more likely the Bank of Japan will raise interest rates. Australia's S&P/ASX 200 was little changed, inching down less than 0.1 per cent to 8,404.50. South Korea's Kospi declined 0.6 per cent to 2,703.64, ahead of a presidential election set for next week. Hong Kong's Hang Seng slipped 1.4 per cent to 23,235.94, while the Shanghai Composite shed 0.3 per cent to 3,353.07. On Wall Street, the S&P 500 rose 0.4 per cent on Thursday after giving up more than half of an early gain. The Dow Jones Industrial Average added 117 points, or 0.3 per cent, and the Nasdaq composite rose 0.4 per ...

Wall Street gets a desi makeover with grand Indian wedding baraat of 400

An Indian wedding baraat with 400 guests took over Wall Street in NYC, turning the iconic financial district into a desi dance floor - videos of the celebration have now gone viral

Wall Street steady, heads for weekly gains on trade hopes, tech boost

Data from earlier in the week showed US retail sales growth losing steam in April, while consumer prices staged a moderate rebound

Asian shares dip as Wall Street ends mixed, US futures also edge lower

Asian shares and US futures slipped Thursday after US stocks drifted to a mixed close on Wall Street. Oil prices fell more than USD 1 a barrel. China moved to reverse some of its non-tariff measures against the US as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range. Japan's Nikkei 225 index dropped 1.1 per cent, however, to 37,705.74. Computer chip-related stocks were among the biggest decliners, with Disco Corp. falling 2.6 per cent and Advantest down 1.8 per cent. Hong Kong's Hang Seng was the outlier, picking up 0.2 per cent to 23,691.67. The Shanghai Composite index lost 0.3 per cent to 3,393.29, while Taiwan's Taiex fell 0.2 per cent. In Australia, the S&P/ASX 200 was nearly unchanged at 8,278.30. South Korea's Kospi edged 0.1 per cent lower. On Wednesday, a choppy day of trading on Wall Street ended with a mixed finish as gains by several big technology stocks helped temper losses. The S&P 500 edged up 0.1 per cent .

Wall Street rises, yields fall in choppy trade as Fed keeps rates unchanged

US central bank said the economy continued to expand at a solid pace, it noted that risks of higher inflation and unemployment had risen as it grapples with the impact of Trump's tariff policies

Wall Street opens higher on easing tariff tensions, strong jobs data

At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02 per cent, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97 per cent

Wall Street tumbles as S&P 500 slides 2% on signs of US slowdown

A discouraging report suggesting the US economy may have shrunk at the start of the year, before most of President Donald Trump's announced tariffs could take effect, is knocking US stocks lower on Wednesday. The S&P 500 was down 2% in morning trading and on track to break a six-day winning streak. The Dow Jones Industrial Average was down 702 points, or 1.7%, as of 9:55 am Eastern time, and sharp drops for such AI superstars as Super Micro Computer had the Nasdaq composite falling a market-leading 2.5%. The weaker-than-expected report on the US economy surprised financial markets because economists were expecting to see modest growth, particularly after the economy closed last year running at a solid pace. But importers rushed to bring products into the country before tariffs could raise their prices, which helped drag on the country's overall gross domestic product. Such data raises the threat of a worst-case scenario called stagflation, one where the economy's growth stagnates .

Wall Street choppy as markets juggle trade war news, mixed earnings

The world's two largest economies have slapped tit-for-tat import tariffs on each other and uncertainty around the state of negotiations between the two has kept markets on edge

Wall Street drops as Nvidia slumps on fresh US chip export curbs to China

The export controls are the newest attempt from the Trump administration to keep advanced semiconductors from being sold to China

US bank profits rise but tariff tensions spark recession concerns

The latest warnings add to a chorus of Wall Street executives ringing alarm bells about the potential economic damage from the tariffs, including Dimon, BlackRock CEO Larry Fink

Wall Street dips on tariff worries as big banks kick off earnings season

US consumer sentiment also deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions

Wall Street execs credit Dimon & Ackman for swaying Trump on tariffs

Investors are breathing a sigh of relief, Varadhan replied, according to a person briefed on the discussion. Goldman had just predicted a US recession

Wall Street opens lower after sharp rally on Trump tariff reversal

The Dow Jones Industrial Average fell 611.5 points, or 1.51 per cent, at the open to 39,996.93

Wall Street opens mixed after China retaliates with new tariffs on US goods

The Dow Jones Industrial Average fell 257.7 points, or 0.68 per cent, at the open to 37,387.91. The S&P 500 fell 17.5 points, or 0.35 per cent, at the open to 4,965.28

Wall Street plunges as US tariffs trigger recession fears; Dow falls 3.3%

Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries

Wall Street set for weaker open as investors await Trump's tariffs plans

Details of Trump's "Liberation Day" tariff plans were still being formulated and closely held ahead of a White House Rose Garden announcement ceremony scheduled for 4 pm ET (2000 GMT)

Wall Street swings again as Trump's 'Liberation Day' rattles global markets

President Donald Trump's fast-approaching Liberation Day sent stock markets swinging sharply worldwide on Monday. On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years. The Dow Jones Industrial Average also swerved higher after erasing an initial loss, and it climbed 417 points, or 1%. Slides for Tesla, Nvidia and other influential Big Tech stocks, though, sent the Nasdaq composite down 0.1%. Such neck-twisting turns have become routine for the US stock market recently because of uncertainty about what Trump will do with tariffs and by how much they will worsen inflation and grind down growth for economies. Wall Street's swings followed a sell-off that spanned the world earlier Monday as worries built about the effects of the tariffs that Trump says will bring ...

Wall Street falls on worries about Trump's tariffs, Fed meeting in focus

The Fed's two-day rate-setting meeting kicks off on Tuesday, and expectations are that the central bank will keep interest rates steady

Darker than a dark pool? Welcome to Wall Street's 'private rooms'

Created within the dark pools themselves, the rooms are independent from one another and each is invisible to anyone not invited