US stocks open higher ahead of Big Tech results, Fed verdict
The Dow Jones Industrial Average rose 82.2 points, or 0.20%, at the open to 40,622.13.
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex closed up 60.14 points at 81415.98
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex closed up 60.14 points at 81415.98
Stock market update: FMCG stocks down as market rises
The 30-share BSE Sensex closed up 60.14 points at 81415.98
Stock market update: Mining stocks down as market rises
The 30-share BSE Sensex closed up 60.14 points at 81415.98
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex closed up 60.14 points at 81415.98
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex was up 218.22 points at 81574.06
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex was up 180.67 points at 81536.51
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex was up 129.24 points at 81485.08
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 7.35 points at 81363.19
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 40.26 points at 81396.1
US stocks open higher ahead of Fed verdict, Big Tech earnings
Wall Street's major indexes opened strong on Monday as investors prepared for the Federal Reserve's interest rate decision, upcoming Big Tech earnings, and important labor data following a recent equity sell-off.
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex closed up 23.12 points at 81355.84
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 23.12 points at 81355.84
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex closed up 23.12 points at 81355.84
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex closed up 23.12 points at 81355.84
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex closed up 23.12 points at 81355.84
US stock turbulence throws spotlight on Big Tech's valuations
Despite a recent pullback, the S&P 500 tech sector is trading at 29.5 times 12-month earnings estimates, near a two-decade high reached earlier this month. The overall market is also elevated historically, with the benchmark S&P 500 index trading at 20.7 times forward estimates, compared to its long-term average of 15.7, data from LSEG Datastream showed.
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex was up 369.9 points at 81702.62
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex was up 232.33 points at 81565.05
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 174.56 points at 81507.28
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex was up 172.63 points at 81505.35
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 258.12 points at 81590.84
Wall Street closes up on revival supported by inflation data, tech stocks
Wall Street indexes closed higher on Friday, with tech megacaps rebounding after mid-week sell-offs. Inflation data fueled optimism for potential Federal Reserve interest rate cuts. The Dow Jones ended positive for the week, boosted by 3M's forecast increase. However, Tesla and Alphabet saw declines. Key tech earnings next week may influence market direction.
Dow up over 600 points on tech recovery, leads US stocks higher as inflation data keeps rate cut hopes alive
Wall Street rebounded on Friday, led by the Dow's strong performance. Industrial conglomerate 3M's forecast boost and tech stock recovery helped the market. Key inflation data supported hopes for early Fed rate cuts.
The S&P 500 experienced a 2% increase over the week, marking its most significant gain since April. This rise was driven by data indicating a contraction in the services industries and an increase in the unemployment rate, which bolstered hopes for rate cuts. Ten-year Treasury yields, which had initially surged following President
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 569.8 points at 80609.6
Stock market update: FMCG stocks down as market rises
The 30-share BSE Sensex was up 312.11 points at 80351.91
US stocks open muted after strong US GDP data
U.S. indexes opened steady on Thursday, buoyed by robust economic growth data following a downturn influenced by megacap stocks the previous day. The Dow fell slightly to 39,828.63, the S&P 500 edged up to 5,428.70, and the Nasdaq rose to 17,352.64 at the opening bell.
Stock market update: Mining stocks down as market falls
The 30-share BSE Sensex closed down 109.08 points at 80039.8
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex closed down 109.08 points at 80039.8
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex closed down 109.08 points at 80039.8
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 109.08 points at 80039.8
Stock market update: FMCG stocks down as market falls
The 30-share BSE Sensex closed down 109.08 points at 80039.8
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex was down 398.1 points at 79750.78
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex was down 412.33 points at 79736.55
Stock market update: Mining stocks down as market falls
The 30-share BSE Sensex was down 392.82 points at 79756.06
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex was down 419.29 points at 79729.59
Stock market update: FMCG stocks down as market falls
The 30-share BSE Sensex was down 455.14 points at 79693.74
The S&P 500 and Nasdaq reached multi-week lows after disappointing earnings from Alphabet and Tesla. Investor confidence in megacap stocks was shaken, causing significant declines in both indices. The S&P 500 saw its worst performance since December 2022, while the Nasdaq had its biggest drop since October 2022. The Dow also posted a notable decrease.
The Nasdaq fell to a one-month low as Tesla and Alphabet's earnings disappointed investors. Market heavyweights like Apple, Microsoft, and Nvidia also dropped. Investors shifted focus from tech stocks to other sectors, questioning the sustainability of the 2024 equity rally.
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex closed down 280.16 points at 80148.88
Stock market update: Mining stocks up as market falls
The 30-share BSE Sensex closed down 280.16 points at 80148.88
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex closed down 280.16 points at 80148.88
Stock market update: FMCG stocks up as market falls
The 30-share BSE Sensex closed down 280.16 points at 80148.88
Stock market update: Fertilisers stocks up as market falls
The 30-share BSE Sensex closed down 280.16 points at 80148.88
Stock market update: FMCG stocks up as market falls
The 30-share BSE Sensex was down 208.48 points at 80220.56
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex was down 114.84 points at 80314.2
Stock market update: Fertilisers stocks up as market falls
The 30-share BSE Sensex was down 123.94 points at 80305.1
Stock market update: Mining stocks up as market falls
The 30-share BSE Sensex was down 77.02 points at 80352.02
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex was down 99.18 points at 80329.86
US stocks open muted, quarterly results of Alphabet, Tesla, tech stocks in focus
Wall Street opened cautiously on Tuesday amid varied corporate results, with investors awaiting Alphabet and Tesla's earnings. They seek clues on whether the market's recent record gains can sustain.
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex closed down 73.04 points at 80429.04
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 73.04 points at 80429.04
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex closed down 73.04 points at 80429.04
Stock market update: Mining stocks up as market falls
The 30-share BSE Sensex closed down 73.04 points at 80429.04
Stock market update: FMCG stocks up as market falls
The 30-share BSE Sensex closed down 73.04 points at 80429.04
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex was up 167.66 points at 80669.74
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 53.74 points at 80555.82
Stock market update: Fertilisers stocks up as market falls
The 30-share BSE Sensex was down 96.98 points at 80405.1
Stock market update: Mining stocks mixed as market falls
The 30-share BSE Sensex was down 113.87 points at 80388.21
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 129.95 points at 80372.13
Asian stocks advance after Wall Street’s rebound: Markets wrap
Stocks in Asia rebound as investors shift focus to tech earnings season post Biden's campaign exit. Market sees volatility decrease, while big tech faces challenges. Positive outlook for US equities despite recent pullbacks. Oil stabilizes near five-week low due to CTA losses. Await Fed's inflation data and BOJ policy meeting.
US stocks open higher as investors assess Biden’s exit from poll race, Nasdaq up 1%
Wall Street starts higher as investors assess odds of Trump's re-election post Biden's withdrawal; Dow up 0.32%, S&P 500 and Nasdaq also rise at open.
Stock market update: Mining stocks down as market falls
The 30-share BSE Sensex closed down 102.57 points at 80502.08
Stock market update: Fertilisers stocks up as market falls
The 30-share BSE Sensex closed down 102.57 points at 80502.08
Tesla's stock dropped 6.5% following news of a two-month delay in its robotaxi launch, as reported by Bloomberg. Apple shares dipped 2.4% after reaching a record high on Wednesday, despite BofA Global Markets increasing its price target due to anticipated strong iPhone sales fueled by new AI features.
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex closed down 102.57 points at 80502.08
Stock market update: Power stocks up as market falls
The 30-share BSE Sensex closed down 102.57 points at 80502.08
Stock market update: FMCG stocks up as market falls
The 30-share BSE Sensex closed down 102.57 points at 80502.08
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex was down 82.44 points at 80522.21
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex was up 177.06 points at 80781.71
Stock market update: Power stocks up as market rises
The 30-share BSE Sensex was up 76.59 points at 80681.24
Stock market update: Fertilisers stocks up as market rises
The 30-share BSE Sensex was up 124.5 points at 80729.15
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex was up 36.44 points at 80641.09
Excluding Big Tech, stocks rally on rate cut hopes. The equal-weighted S&P 500 recently outpaced. Optimism grows as Nasdaq 100 declines. Todd Sohn sees neglected stocks surging as Nvidia to Microsoft pauses. Investors note rising trends despite Wall Street's top-heavy S&P concerns, recording gains earlier this year, despite the worst weeks since April amid faith in Fed easing.
The S&P 500 and Nasdaq closed at record highs, driven by Nvidia's rise and Powell's rate-cut remarks. Market optimism about AI growth countered Fed rate-cut uncertainty. Major banks saw gains ahead of earnings season. Analysts predict strong Q2 earnings. Tempus AI surged on bullish ratings amidst moderate market activity.
Wall St Week Ahead: Investors count on earning to calm $900 billion US tech rout
Second-quarter earnings from Tesla, Alphabet, Microsoft, and Apple might reverse a nearly 6% tech sector loss, $900 billion shed. The S&P 500, down 1.6%, was cushioned by financials. September rate cut expectations, Trump's re-election, and an assassination attempt diverted funds. Philadelphia SE index and Nvidia gains were notably impacted.
S&P 500 and Nasdaq notch record highs; chipmakers climb
The S&P 500 and Nasdaq hit records, boosted by Nvidia, Intel, and AMD. Investors await inflation data, Powell's semiannual testimony, and earnings from Citigroup, JPMorgan Chase, and Wells Fargo. Concerns grow over labor markets and rate cuts. Declines in communication services and energy; Paramount merged with Skydance; Boeing resolves fraud investigation.
The disruptions, affecting flights, banks, and doctors' appointments worldwide, were caused by a major outage. Cybersecurity firm CrowdStrike clarified that the issue was not a security incident or cyberattack but resulted from a faulty update sent to computers running Microsoft Windows. The company has since deployed a fix to address the problem.
Stock market update: FMCG stocks down as market falls
The 30-share BSE Sensex closed down 738.81 points at 80604.65
Stock market update: Mining stocks down as market falls
The 30-share BSE Sensex closed down 738.81 points at 80604.65
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex closed down 738.81 points at 80604.65
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex closed down 738.81 points at 80604.65
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 738.81 points at 80604.65
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 311.1 points at 81032.36
Stock market update: FMCG stocks down as market falls
The 30-share BSE Sensex was down 319.06 points at 81024.4
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex was down 259.88 points at 81083.58
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex was down 165.31 points at 81178.15
Stock market update: Mining stocks down as market falls
The 30-share BSE Sensex was down 222.04 points at 81121.42
Asian stocks track US decline for a second day: Markets wrap
Asian and US stock markets experience a decline as economic concerns outweigh optimism from interest-rate cuts. Chip stocks show signs of recovery after US-China trade tensions. Investors await updates on market trends and economic data releases.
Nasdaq drops 1% as investors look beyond megacap shares
The Dow Jones Industrial Average was down 257.34 points, or 0.62%, at 40,940.74, the S&P 500 was down 37.93 points, or 0.68%, at 5,550.34. Traders slightly raised bets on a 25-basis-point rate cut from the Federal Reserve by September to over 95%, according to CME's FedWatch, despite much stronger than expected manufacturing data from the Federal Reserve Bank of Philadelphia.
Stock market update: Mining stocks down as market rises
The 30-share BSE Sensex closed up 626.91 points at 81343.46
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 626.91 points at 81343.46
Stock market update: Fertilisers stocks down as market rises
The 30-share BSE Sensex closed up 626.91 points at 81343.46
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex closed up 626.91 points at 81343.46
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 626.91 points at 81343.46
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 35.63 points at 80680.92
Stock market update: FMCG stocks up as market rises
The 30-share BSE Sensex was up 50.9 points at 80767.45
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex was up 89.78 points at 80806.33
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