Search result for US stock
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...
US STOCKS JUMP THANKS TO COVID-19 RELIEF PACKAGE PASSED BY THE US SENATE
Highlights
• The benchmark S&P 500 index and the Dow Jones Industrial Average index went up on Monday
• The US President Joe Biden said that he had hoped for a speedy passage of the revised bill by the House of Representatives, so he could sign it and send paymen...
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...
US STOCK MARKET IS OVERVALUED SAYS BILLIONAIRE CHARLIE MUNGER
Highlights
• Known as right-hand man of Warren Buffet, Munger is a vice chairman at Berkshire Hathaway conglomerate owned by Buffet
• This statement from Munger came during the annual meeting of the Daily Journal, which runs a small legal newspaper in California and ...
US STOCKS SURGE OVER REPORTS OF STRONG EARNING AND HIRING DATA
Highlights
• Wall Street stocks were primarily boosted by the results announced by Alphabet and e-commerce giant Amazon as both the companies continued making profits despite the COVID-19 pandemic
• According to the data released by payroll firm ADP, the United State...
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 START NEW YEAR ON A LOW NOTE
Highlights
• The Dow Jones Industrial Average fell by 463 points or 1.6 percent to 30,142, while the S&P 500 went down by 1.4 percent and the Nasdaq Composite was trading 1.3 percent in the negative territory
• The U.S. stocks fell down courtesy of losses witness...
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 SURGE ON REVIVED STIMULUS HOPES
Highlights
• As soon as the markets started, the Dow Jones Industrial Average surged 0.4 percent at 30,076.22, while the broad-based S&P 500 also went up by 0.4 percent to 3,680.75
• The tech-heavy Nasdaq Composite was trading 0.2 percent upwards at 12,397.95
...NIKOLA SHARES SLUMP AS GM SCALES BACK STAKE IN IT
Highlights
• The impact of this GM's decision was immediately visible on Nikola shares as they plunged 24.75 percent on 11:12 a.m.
• Nikola Corp was accused of fraud by short-seller Hindenburg and an inquiry was opened by the U.S. Securities and Exchange Commissi...
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 JUMP ON REPORTS OF ROLLOUT OF COVID-19 VACCINE BY MID-DECEMBER
Highlights
• Wiping off last week’s losses, futures on the Dow Jones Industrial Average, S&P 500 and the Nasdaq jumped between 0.4 percent and 0.7 percent
• According to an announcement by Moncef Slaoui, the head of White House's Operation Warp Speed, s...
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...
COVID-19 IMPACT: U.S. STOCKS TRADING LOWER THAN EXPECTED
Highlights
• At the opening bell, the Dow Jones Industrial Average index was trading 125.41 points or 0.43 percent lower at 29,313.01, while the S&P 500 index was 13.88 points or 0.39 percent down at 3,553.91
• According to the US Labor Department, initial claims...
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...
ZOOM SLUMPS 16 PERCENT ON REPORTS OF Pfizer’s VACCINE SUCCESS
Highlights
• Pfizer stated that it’s coronavirus vaccine developed along with BioNTech was effective in preventing the dreadful virus in trial candidates
• Zoom Video Communications slumped 16 percent in the first trading session on Monday as traders opted for ...
U.S. STOCKS POSITIVE, DOW UP BY 550 POINTS
Highlights
• At 10:18 a.m. Eastern Time, the S&P 500 was trading 2.8 percent upwards, while the Dow Jones Industrial Average was trading up 569 points or 2.1 percent at 28,062 and the tech-laden Nasdaq Composite surged 3.7 percent
• Though it is unclear who will ...