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After a day of ups and downs on Wall Street, the US stock market ends the day with a gain, and the S&P 500 ends its loss streak.
On a volatile day on Wall Street, the S&P 500 managed to finish the day in the black, ending a four-day losing streak as investors tried to make sense of how interest rate policy might affect the U.S. economy. As investors attempted to predict what the U.S. Federal Reserve would do with inter...
WALMART INC.’S FLIPKART LIKELY TO GO PUBLIC IN THE U.S.
Highlights
• The sources claim that Flipkart is weighing on a US initial public offering and is now also looking at other options as well
• One of the individual aware of this development who asked not to be identified has said that deliberations are at an early stag...
U.S. STOCK TRADE UPWARDS, THANKS TO STIMULUS HOPES
Highlights
• The Dow Jones Industrial Average index was trading upwards by 111.35 points or 0.36 percent at 31,171.82, while the Nasdaq Composite surged by 54.26 points or 0.42 percent at 13,183.61
• The benchmark S&P 500 index was up by 5.98 points or 0.16 perce...
U.S. STOCKS OPEN POSITIVE COURTESY OF COVID-19 RELIEF BILL APPROVAL
Highlights
• The Dow Jones Industrial Average went up by 175 points or 0.5 percent to 30,375, while the benchmark S&P 500 jumped 0.7 percent in the first trading session
• The United States President signed the $900 billion bill that laid path for the federal gov...
THE U.S. STOCK MARKET WILL CLOSE EARLY TODAY IN OBSERVATION OF CHRISTMAS EVE
Highlights
• Both the markets, stock and bond market will remain completely closed on Friday for Christmas Day
• The Dow Jones Industrial Average Index is trading 44.80 points or 0.15 percent upwards at 30,174.63 and the S&P 500 index is 7.18 points or 0.19 perce...
NIKOLA SHARES SLUMP 9% AS ITS DEAL WITH REPUBLIC SERVICES END
Highlights
• Nikola in a statement announced that its partnership with Republic Services to jointly develop electric garbage trucks has been terminated
• The share of Nikola was trading 9.83 percent lower on the tech heavy NASDAQ at $15.18
• Mark Russe...
TRUMP SIGNS LEGISLATION THAT COULD DELIST CHINESE COMPANIES FROM US STOCK EXCHANGES
Highlights
• President Trump on Friday signed a bill that would delist Chinese companies from the stock exchanges in the US if they fail to adhere to American auditing standards
• As per this new act, all public companies will have to disclose whether they are owned ...
U.S. STOCKS OPEN LOWER ON MONDAY
Highlights
• Despite opening lower, all three indices are set to end the month of November with major monthly gains
• On the basis of last Friday’s closing prices, the Dow is looking strong to post a monthly gain of 12.9 percent for its best month since 1987
U.S. STOCKS SLUMP ON THE LAST TRADING DAY OF THE WEEK
Highlights
• The Dow Jones Industrial Average index plunged 0.3 percent, while the tech-heavy Nasdaq Composite was trading 0.1 percent down
• Continuously rising cases of COVID-19 and the U.S. Treasury’s decision to allow several emergency Federal Reserve progr...
MODERNA IMPACT CLEARLY VISIBLE ON THE U.S. MARKET AS DOW NEARS HISTORIC 30,000-MARK
Highlights
• Moderna said its COVID-19 vaccine candidate was 94.5 percent effective against the virus and intends to submit the COVID-19 vaccine candidate for an Emergency Use Authorization (EUA) with the United States’ Food & Drug Administration (FDA)
• By...
U.S. STOCKS SURGE DESPITE PRESIDENT TRUMP’S SUSPENSION OF STIMULUS TALKS
Highlights
• The S&P 500 index jumped over 1 percent following series of tweets made by the U.S. President regarding support to $1200 stimulus checks, $25 billion bailout to airlines along with $135 billion for small businesses
• The Dow Jones Industrial Average ...
U.S. STOCKS SURGE: Dow AT 27,800, NASDAQ COMPOSITE HOVERING AROUND 11,200
Highlights
• The stock of Tesla surged 7 percent, while Amazon, Apple and Nvidia went up by 1 percent each
• The Dow Jones Industrial Average index is trading at 27,879 and the S&P 500 index is at 3,386.71, while Nasdaq 100 index is at 11,131.80
• ...
COVID19 MARKET RALLIES, PREDICTED EARNING REPORTS ARE BEING LOOKED FORWARD TO FOR TESLA, MICROSOFT, INTEL & CMG
Highlights:
- Hopes on a vaccine for covid continues to boost the stocks for Moderna, AstraZeneca
- Tesla is expected to deliver a loss while intel has its chances ...
MODENA, BioNTech SHARES SPIKE, FRIDAY REMAINED A MIXED DAY FOR STOCKS
Highlights:
- Netflix disappoints analysts with a dips
- Biotech firms spike with covid19 vaccine trials underway
Friday was a day of mixed highs and lows for the US stock market. A strong ongoing pattern for Netflix was disr...
US STOCK MARKET FACTS FOR FRIDAY: MODERNA SCORES
Highlights:
- The market had a tense day as the US-China tension with the bill delisting Chinese companies was passed by the senate
- Dr Fauci’s positive comment about the Moderna vaccine showing promising results drowned in the ensuing tense environment ...
US MARKET FELL WITH ESCALATING MIDDLE EAST TENSIONS
The US stock market has seen a fall while closing on Tuesday, 7th January 2020. This is speculated as to the effect of geopolitical tensions between Iran and the US. There is a possibility of war in the Middle East after Iran fired a series of Iraqi airbase that hosts American Troops.
A...
India's largest domestic hailing service, Ola, will reduce its massive losses
The Ola holding company ANI Technologies announced an annual net loss of almost 60 percent at Rs 1,160 crore for the fiscal year 2018-19 according to the financial data collected by the Tofler business intelligence platform.
As the two biggest companies in India–Ola in 2011 and Ub...
The US stock market has some optimism, but will this last?
The demands of the United States have been quite in the news and on Monday as the trading for this week started we saw some ups and downs that no one had expected and as the trading got further there were some huge changes that no one had predicted and this obviously changed the trading outlook f...