Stocks Soar Despite Election Uncertainty: A Glimpse into the Election's Impact
2 months ago

Stocks Soar Despite Election Uncertainty: A Glimpse into the Election's Impact

Firstpost  

Wall Street indices rose on Election Day despite uncertainty surrounding the close election between Donald Trump and Kamala Harris. The Dow Jones Industrial Average rose 0.1%, the S&P 500 climbed 0.4%, and the Nasdaq Composite Index advanced 0.6%. Meta Platforms added 1.8%, Tesla rose 4%, and GlobalFoundries surged 9%. However, the S&P 500 remains just 2 per cent below its record high, with volatility increasing amid mixed tech earnings and heightened election uncertainty.

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Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 2 days ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD
1 week, 6 days ago

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD

Live Mint  

Wall Street Today: Wall Street's main indices opened lower after US stocks fell in morning trading on Friday, December 27, dampening an upbeat holiday-shortened week that started looking like a classic "Santa Claus" rally was unfolding. The S&P 500 fell 1.4 per cent, with over 80 per cent of stocks in the benchmark index losing ground. MSCI's broad global share …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
2 weeks, 3 days ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks, 1 day ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 4 weeks ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 4 weeks ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 4 weeks ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

Wall Street continues to roll higher in wake of Trump victory
1 month, 4 weeks ago

Wall Street continues to roll higher in wake of Trump victory

LA Times  

U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s election as president, but drops for some high-profile Big Tech stocks kept indexes in check. Several pieces of what’s known as the “Trump trade” also helped drive the market, as investors try to identify which companies will be winners under a second Trump term. Stocks …

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut
2 months ago

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut

Live Mint  

Wall Street today: US stocks are on track to close their best week in a year with some modest moves on Friday, November 8, after Republican Donald Trump won the US presidential elections 2024 and the US Federal Reserve cut interest rates again by 24 basis points in its latest monetary policy decision. Shares of digital pinboard and shopping site …

Wall Street hits record high after Trump victory
2 months ago

Wall Street hits record high after Trump victory

The Telegraph  

US stocks markets rocketed to record highs and the dollar surged at its fastest pace since the Brexit referendum after Donald Trump’s election victory. The Dow Jones Industrial Average surged 3.3pc to an all-time peak of 43,614.51 on Wall Street, recording its biggest jump in a single day in two years. The tech-heavy Nasdaq Composite rose as much as 2.5pc …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 3 weeks ago

How major US stock indexes fared Thursday, 8/15/2024

Associated Press  

Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected. The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%. On Thursday: The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22. The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06. The Russell 2000 …

Wall Street ’fear gauge’ logs record jump as investors bet on more turbulence
5 months ago

Wall Street ’fear gauge’ logs record jump as investors bet on more turbulence

Live Mint  

By Saqib Iqbal Ahmed NEW YORK, Aug 5 - Wall Street's most-watched gauge of investor anxiety logged its largest ever intraday jump on Monday and closed at its highest since October 2020, as traders scrambled to hedge against market volatility during a global selloff fueled by U.S. recession fears. "There's no question that last week something was broken and it's …

Volatility index VIX hits 52-week high today; Where’s it headed in May amid elections?
8 months ago

Volatility index VIX hits 52-week high today; Where’s it headed in May amid elections?

Live Mint  

India's volatility index, VIX reached a fresh 52-week peak at 16.96 before concluding the session with a 13.56 per cent surge, settling at 16.6 on Monday's trading session. If the Nifty goes below 22,340, the slide may continue to 22,100-22,000 levels in the near future,” said Neeraj Sharma, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates Ltd. …

JPMorgan analysis predicts a surge in stock market worry gauge in 2024
1 year, 1 month ago

JPMorgan analysis predicts a surge in stock market worry gauge in 2024

Live Mint  

JPMorgan Chase & Co. strategists forecast a rise in the Cboe Volatility Index in 2024, marking a climb from its lowest point since pre-pandemic levels experienced this year. VIX Projections and Economic Factors According to the bank's Americas equity derivatives strategists, led by Bram Kaplan, the VIX is anticipated to trade at higher levels in 2024 compared to 2023. Varying …

Traders ramp up bets on 0.5 point interest rate rise
1 year, 6 months ago

Traders ramp up bets on 0.5 point interest rate rise

The Telegraph  

Mortgage holders have been dealt a blow after underlying inflation increased last month, putting pressure on the Bank of England to continue raising interest rates. 5 things to start your day 1) Downing Street dismisses Gove’s call for long-term mortgage deals | Government says that it is up to lenders to decide on products amid rising interest rates 2) Why …

Wall Street choppy post inflation data, energy shares jump
2 years ago

Wall Street choppy post inflation data, energy shares jump

Live Mint  

Wall Street's main indexes swung between gains and losses in thin pre-holiday trade on Friday as investors assessed fresh inflation data, while energy shares jumped on higher oil prices. A Commerce Department report showed U.S. consumer spending barely rose in November, while inflation cooled further, but not enough to discourage the Federal Reserve from driving interest rates to higher levels …

Wall St extends losses as recession worries mount, Apple drops
2 years, 1 month ago

Wall St extends losses as recession worries mount, Apple drops

Live Mint  

U.S. stock indexes fell in choppy trading on Wednesday as investors assessed the warnings of a looming recession from major Wall Street bankers, while Apple shares fell on analyst projections of lower iPhone shipments. The benchmark S&P 500 fell for a fifth straight session and the Nasdaq for a fourth, dragged down by a 1.4% drop in Apple Inc shares …

Wall St falls as close race for Congress raises uncertainty
2 years, 2 months ago

Wall St falls as close race for Congress raises uncertainty

Live Mint  

US stock indexes fell on Wednesday as uncertainty around the outcome of a tightly contested midterm election weighed on the mood, with investor focus shifting to Thursday's inflation data for clues on the path of future interest rate hikes. the general rule of thumb as far as markets are concerned is gridlock is good - fewer policy changes and less …

Wall Street falls on rising US-China tensions, Caterpillar shares weigh
2 years, 5 months ago

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Live Mint  

Wall Street's major indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of the arrival of U.S. House of Representatives Speaker Nancy Pelosi in Taiwan, with losses in industrial bellwether Caterpillar adding to the slide. The CBOE volatility index, also known as Wall Street's fear gauge, rose to 24.31 points, its highest level in nearly a week and …

Wall St plunges as Snap’s bleak forecast sparks selloff; Nasdaq sinks 3%
2 years, 7 months ago

Wall St plunges as Snap’s bleak forecast sparks selloff; Nasdaq sinks 3%

Live Mint  

Wall Street's main indexes fell on Tuesday, with the tech-heavy Nasdaq leading the slump, as a weak earnings forecast from Snapchat-owner Snap Inc added to nerves about an inflation-struck economy. Snap Inc plummeted 39.7%, dragging down several social media and internet stocks, after the company slashed its second-quarter earnings forecast and said the economy had worsened faster than expected in …

Wall St buoyed by signs of progress in Russia-Ukraine peace talks
2 years, 9 months ago

Wall St buoyed by signs of progress in Russia-Ukraine peace talks

Live Mint  

U.S. stock indexes rose on Tuesday, boosted by signs of progress in negotiations between Russia and Ukraine to end their weeks-long conflict. However, the main indexes came off early highs as oil majors Exxon Mobil Corp and Chevron Corp fell more than 2% each, while the broader S&P 500 energy declined 2.3%. Russia's invasion, which began on Feb. 24, has …

Wall St update: Boeing, travel stocks pull US stocks lower as COVID cases rise
3 years, 8 months ago

Wall St update: Boeing, travel stocks pull US stocks lower as COVID cases rise

Live Mint  

Wall Street's main indexes fell for a second straight day on Tuesday as a spike in coronavirus cases globally hit travel stocks, while Boeing slid on the unexpected departure of its finance chief. Shares of airline operators and cruiseliners including JetBlue Airways, American Airlines, Norwegian Cruise Line and Carnival Corp, which were hammered last year as widespread lockdowns led to …

Wall Street dazed and confused after worst day since 1987; coronavirus pandemic sparks fear of global recession
4 years, 9 months ago

Wall Street dazed and confused after worst day since 1987; coronavirus pandemic sparks fear of global recession

Firstpost  

The suspension of professional sports games, cancelled conventions and half-empty restaurants has raised fears—not about whether the longest US economic expansion on record is ending—but about how deep a now presumed recession will be. San Francisco: As trading ended on Thursday in Wall Street’s worst day for three decades, shell-shocked investors had no idea how much further the market was …

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