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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...
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 ...
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...
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...
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...
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 ...
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 ...
DOW SLUMPS 900 POINTS, NASDAQ COMPOSITE AT 10,672
Highlights
• The Dow Jones Industrial Average index went down over 900 points or 3.3 percent and the S&P 500 index slumped 2.5 percent, while the Nasdaq Composite fell 120 points or 1.1 percent to 10,672
• While stocks are suffering, the US dollar is performing w...
U.S. STOCKS CONTINUE IN GREEN, TECH STOCKS EXTEND RALLY
Highlights
• The S&P 500 jumped 0.9 percent, and the Dow Jones Industrial Average went up by 107 points or 0.4 percent, while the tech-laden Nasdaq Composite surged 1.4 percent in the Tuesday morning trading session
• Shares of Tesla jumped 5.6 percent, while App...
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
• ...
U.S. STOCKS START NEGATIVE: Dow AT 27,740, NASDAQ HOVERING AROUND 11,000
Highlights
• The Dow Jones industrial average index is trading at 27,740 and the S&P 500 index is at 3,365 while the Nasdaq composite index is 11,018
• The stocks of Amazon, Alphabet and Facebook plunged 3.7, 3.3 and 3 percent respectively on Tuesday
...
HERE IS WHAT TO EXPECT FROM THE STOCK MARKET ON MONDAY
Highlights
• According to bullish investors, the Federal government will announce am additional stimulus package and lower the interest rates for upcoming years
• The trade analysts believe that the tech stocks will emerge as the top gainers in coming trading week
U.S. MARKETS CONTINUE TO SUFFER: Dow SLUMPS 600 POINTS, NASDAQ AT 11,147.95
Highlights
• The markets in the country will stay closed on Monday in observance of the Labor Day
• The Nasdaq Composite Index was under tremendous selling pressure in a highly volatile trading session
• According to the reports, world’s 10 riche...
US STOCK MARKET ABUZZ WITH ACTIVITY: SURPRISE DIPS IN COVID19 VACCINE MAKERS
Highlights:
- Despite successful trial results Moderna and AstraZeneca stocks dip
- BioXcel Therapeutics up by % post its phase successful trial of the therapeutic cure for bipolar disorder and schizophrenia
Last week at the US stock market was a m...
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...