Wall Street today: US stocks crashed in the previous session due to a global selloff fueled by mounting recession fears among investors in the world’s largest economy. On Monday, more than $1.93 trillion was wiped out of the US stock market as the tech-heavy Nasdaq composite dropped over 1,000 points. […]
US Stocks
US stock indices opened higher on Tuesday after Monday’s rout in global markets. At the opening bell, the Dow Jones Industrial Average rose 1.16 points to 38,704.43. The S&P 500 was higher by 17.73 points, or 0.34%, at 5,204.06, while the Nasdaq Composite was up 63.7 points, or 0.39%, to […]
Asian markets traded higher on Tuesday, with Japan’s Nikkei recovering almost all the losses seen in the previous session, amid a fall in yen. Japan’s Nikkei 225 index and Topix rebounded more than 10%, the most since October 2008, after the yen slumped about 1% against the dollar. A weak […]
After a weak jobs report stoked fears of US economic recession last week, Wall Street investors will stay cautious and closely watch the upcoming economic data in the week ahead. A report on Friday showed hiring by US employers slowed in July by much more than economists had expected. Next […]
View Full Image Graphic: The Economist Look beneath the surface, at individual sectors and firms, and the mood is even wilder. The Philadelphia semiconductor index, which tracks companies in the chipmaking supply chain globally, has fallen by more than a fifth in a matter of weeks. Arm, one such firm, […]
Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
US stocks rose on Thursday after the Federal Reserve signalled interest rate cut in September. At the opening bell, the Dow Jones Industrial Average rose 74.2 points, or 0.18%, to 40,916.96. The S&P 500 rose 15.5 points, or 0.28%, to 5,537.84, while the Nasdaq Composite rose 47.6 points, or 0.27%, […]
Advanced Micro Devices Inc. (AMD) shares jumped more than 10 per cent in early trade on Wednesday after the chipmaker gave a bullish revenue forecast on high demand for its new artificial intelligence processors. At 11:45 a.m. EDT, the AMD shares were at $144.93, up $6.46 or 4.66 per cent. […]
On Wall Street, the S&P 500 and the Nasdaq were sharply higher after chip stocks rallied following bullish forecast from AMD. At 9:54 a.m. ET, the Dow Jones Industrial Average was down 33.60 points, or 0.08 per cent, at 40,709.73, the S&P 500 was up 65.74 points, or 1.21 per […]
On Wall Street, the benchmark S&P 500 and the blue-chip Dow Jones gained on Tuesday, led by financial stocks amid anticipation of interest rate decision from the Federal Reserve. Investors are keenly awaiting Fed’s interest rate decision to be announced on Wednesday. At 10:10 a.m. ET, the Dow Jones Industrial […]