Wall Street rises on gains in Walgreens, Best Buy
2 years, 1 month ago

Wall Street rises on gains in Walgreens, Best Buy

Live Mint  

Wall Street's main indexes rose on Tuesday as gains in Walgreens and Best Buy helped investors assuage worries around the economic fallout of stricter COVID-19 curbs in China. Dow component Walgreens Boots Alliance Inc rose 1.9% after Cowen & Co upgraded the drug distributor stock, citing its healthcare services business push. In the previous session, markets took comfort from Cleveland Federal Reserve President Loretta Mester supporting a smaller rate hike in December and San Francisco Fed President Mary Daly stressing the need to be careful to avoid a "painful downturn". Among other stocks, Medtronic Plc slipped 6.7% as the medical device company lowered its full-year profit outlook, while Zoom Video Communications dropped 7.9% after cutting its annual revenue forecast.

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History of this topic

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
6 days, 22 hours 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, …

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
2 weeks ago

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Associated Press  

NEW YORK — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
2 weeks ago

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher
3 weeks ago

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher

Live Mint  

Wall Street stock indices were mixed on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the previous session. As of 10:15 am Eastern time, the S&P 500 was down 0.1 per cent, the Dow Jones Industrial Average dropped 0.2 per cent, and the Nasdaq Composite edged up by 0.1 per cent. At the opening bell, …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month ago

Wall Street turns positive as Dow hits one-week high

Live Mint  

* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% By Abigail Summerville and Johann M Cherian Nov 21 - Wall Street's main indexes turned positive after choppy trading on Thursday, …

Wall Street pulls back from its records
2 months ago

Wall Street pulls back from its records

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Oct. 16, 2024. U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street’s long, record-breaking rally. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell …

Wall Street rises as tech stocks and oil prices steady themselves
2 months, 1 week ago

Wall Street rises as tech stocks and oil prices steady themselves

LA Times  

The Standard & Poor’s 500 gained 0.5% to recover much of the slide from its all-time high the day before. U.S. stocks rose Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The Standard & Poor’s 500 index gained 0.5% to recover much of the slide from its all-time high the day before because of …

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
4 months ago

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

Associated Press  

NEW YORK — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates next month after it jacked them to a two-decade high to beat inflation. Most Federal Reserve officials agreed last month that they would …

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
4 months, 2 weeks ago

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Associated Press  

NEW YORK — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy. Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. “Today’s jobless claims …

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally
5 months, 1 week ago

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally

The Hindu  

The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of U.S. trade conflicts with China, exacerbated the ongoing rotation out of megacap tech-related stocks. A pullback in the "Magnificent 7" group of momentum stocks, led by Nvidia and Apple, dragged the Nasdaq 2.8% lower, while the benchmark S&P 500 slid …

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report
5 months, 2 weeks ago

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report

Associated Press  

HONG KONG — Asian stocks were mixed Friday with the yen moved between gains and losses after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. AP AUDIO: Stock market today: Most of Wall Street rises after key inflation report, but Big Tech slumps Markets continue moving higher. Wall …

Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records
5 months, 2 weeks ago

Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records

Associated Press  

TOKYO — Asian shares were mostly higher Tuesday after Wall Street benchmarks reached more milestones. “Risk-taking will still likely be more measured ahead of the Federal Reserve Chair’s testimony and the key U.S. inflation release this week,” said Yeap Jun Rong, market analyst at IG. On Wall Street, the S&P 500 and Nasdaq composite each notched all-time highs after finishing …

How major US stock indexes fared Tuesday, 2/20/2024
10 months ago

How major US stock indexes fared Tuesday, 2/20/2024

Associated Press  

Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. Walmart rose 3.2% after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting. On Tuesday: The S&P 500 fell 30.06 points, or 0.6%, to 4,975.51. The Dow Jones Industrial …

Stock market today: Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000
10 months, 2 weeks ago

Stock market today: Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000

Associated Press  

NEW YORK — More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week. Milestones like the S&P 500 at 5,000 don’t carry much weight for a market that’s supposed to move on hard numbers like interest rates, profits and revenue. Wall Street’s rally got going with hopes that cooling inflation would get …

Wall Street week ahead: Investors eye economic growth indicators, key earnings
11 months ago

Wall Street week ahead: Investors eye economic growth indicators, key earnings

Live Mint  

On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. Earnings Following companies are due to declare their quarter results in the …

Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023
11 months, 4 weeks ago

Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023

Associated Press  

Asian shares advanced on Wednesday, tracking Wall Street gains as markets there reopened for what’s expected to be a quiet, holiday-shortened week of trading. Hong Kong’s Hang Seng index rose 1.9% to 16,661.00 and the Shanghai Composite gained 0.6% to 2,915.05 with Chinese video gaming companies, including Tencent and NetEase, recouping losses in the first Hong Kong trading session after …

Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference
1 year, 4 months ago

Stock market today: Asian stocks follow Wall St higher ahead of Federal Reserve conference

Associated Press  

BEIJING — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week’s Federal Reserve conference. Wall Street’s benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks rallied. Traders hope officials at the Fed’s summer Jackson Hole, Wyoming, conference say they are finished raising …

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year
1 year, 5 months ago

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year

Associated Press  

TOKYO — Asian shares rose Thursday, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month. The U.S. government’s latest update on inflation showed that consumers paid prices for gasoline, food and other items that were 3% higher overall in June …

Stock market today: Wall Street’s best week since March stalls amid debt worries
1 year, 7 months ago

Stock market today: Wall Street’s best week since March stalls amid debt worries

Associated Press  

NEW YORK — Wall Street’s best week since March ran out of steam Friday as worries rose about the U.S. government’s efforts to avoid a potentially disastrous default on its debt. Some people believe we are heading for or are in a recession, like I believe, and some don’t.” A default on the U.S. debt would almost surely cause a …

Asian shares rise, track Wall St gains as earnings ramp up
1 year, 11 months ago

Asian shares rise, track Wall St gains as earnings ramp up

Associated Press  

BANGKOK — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Tech stocks in the S&P 500 rose 2.3% Monday, with chipmaker Advanced Micro Devices leading the pack with a 9.2% gain. After soaring through the pandemic thanks to super-low …

Nasdaq leads Wall St higher as interest rate worries ease
1 year, 11 months ago

Nasdaq leads Wall St higher as interest rate worries ease

Live Mint  

The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of a slower pace of interest rate hikes by the Federal Reserve. The benchmark S&P 500 and the Nasdaq closed the week higher on Friday after a moderation in wage increases …

Wall Street rallies on rate hopes, notches gain for the week
1 year, 11 months ago

Wall Street rallies on rate hopes, notches gain for the week

Associated Press  

Stocks rallied after a shaky start and closed with broad gains Friday as some mixed readings on the U.S. economy stoked hope on Wall Street that inflation may keep cooling and the Federal Reserve may ease up on its interest rate hikes. On the downside, it also showed hiring across the job market may still be too strong for the …

Wall Street falls after strong service-sector data feeds hawkish Fed fears
2 years ago

Wall Street falls after strong service-sector data feeds hawkish Fed fears

Live Mint  

Wall Street's main indexes fell on Monday after better-than expected service-sector activity added to jitters that the U.S. Federal Reserve might continue on its aggressive policy tightening path despite fears of a recession next year. The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest …

Wall Street flat as energy stocks limit declines in growth shares
2 years ago

Wall Street flat as energy stocks limit declines in growth shares

Live Mint  

Wall Street's main indexes were little changed on Tuesday as growth stocks extended losses, while a rise in energy shares on the back of higher oil prices helped stave off declines. Five of the 11 major S&P 500 sector indexes were trading higher, with energy up 1.6% as crude prices jumped amid expectations that OPEC+ would agree to cut oil …

Growth stocks boost Wall Street ahead of Fed minutes
2 years, 1 month ago

Growth stocks boost Wall Street ahead of Fed minutes

Live Mint  

Wall Street's main indexes rose on Wednesday as growth stocks gained after a mixed bag of economic data led to a drop in Treasury yields, while investors awaited minutes from the Federal Reserve's last policy meeting. "For the most part, they're optimistic that the Fed members are probably going to show signs that the pace of rate hikes might decrease," …

Wall St gains as upbeat corporate forecasts boost sentiment
2 years, 2 months ago

Wall St gains as upbeat corporate forecasts boost sentiment

Live Mint  

Wall Street's main indexes jumped on Thursday as upbeat results and forecasts from IBM, AT&T and Dow Inc brought back cheer to the markets that were briefly taken aback by the political turmoil in the United Kingdom. This comes after upbeat results from banks, Netflix Inc, Procter & Gamble Co and Travelers Companies Inc prompted analysts to raise third-quarter profit …

Wall Street surges as BofA gains on earnings beat; S&P 500 jumps 2.5%
2 years, 2 months ago

Wall Street surges as BofA gains on earnings beat; S&P 500 jumps 2.5%

Live Mint  

Wall Street's main indexes opened higher on Monday, following better-than-expected results from Bank of America that were underpinned by the Federal Reserve's rapid rate hikes. "BAC benefited from a higher interest rate environment in both the yields on the newly issued loans and the growth of the number of depositors," said Siddharth Singhai, chief investment officer of New York-based investment …

Wall St falls on worries of lower third-quarter corporate profit; Amgen jumps
2 years, 2 months ago

Wall St falls on worries of lower third-quarter corporate profit; Amgen jumps

Live Mint  

US stocks fell on Tuesday in the run-up to third-quarter results from companies as profit expectations drop amid rising interest rates and stubborn inflation, while gains in drugmaker Amgen limited declines on the Dow. With recent data on labor market and inflation suggesting more big rate hikes by the U.S. Federal Reserve, Wall Street's main indexes have been on a …

Dow edges up on retail earnings boost
2 years, 4 months ago

Dow edges up on retail earnings boost

Live Mint  

The Dow inched higher on Tuesday as results from Walmart and Home Depot lifted the retail sector, while a slide in megacap growth stocks and signs of a slowing global economy weighed on the Nasdaq and the S&P 500. Boosting the blue-chip Dow, Walmart Inc rose 5.3% as the world's largest retailer forecast a smaller drop in full-year profit than …

Wall St climbs as signs of cooling inflation ease rate hike bets; Dow up 500 pts
2 years, 4 months ago

Wall St climbs as signs of cooling inflation ease rate hike bets; Dow up 500 pts

Live Mint  

Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September. "The sign of slowing in the rate of inflation offers hope the Fed's rate increases won't need to go as far as previously thought," …

Wall St update: Dow rises at start of big earnings week, Microsoft drags Nasdaq
2 years, 4 months ago

Wall St update: Dow rises at start of big earnings week, Microsoft drags Nasdaq

Live Mint  

The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from some of the biggest companies to gauge the impact of a strong dollar and soaring inflation, while the Nasdaq dipped on declines in Microsoft. So with confidence coming back right now, it can also quickly dissipate if we have disappointments from …

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts
2 years, 5 months ago

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts

Live Mint  

Wall Street's main indexes rose on Tuesday as earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as stronger dollar dents profit. A soaring U.S. currency led pharma major Johnson & Johnson to trim its annual adjusted profit view and IBM Corp to warn of a nearly $3.5 …

Wall Street climbs 1% on upbeat results, Fed relief
2 years, 6 months ago

Wall Street climbs 1% on upbeat results, Fed relief

Live Mint  

U.S. stock indexes climbed on Thursday after upbeat annual forecasts from several retailers, while data confirmed the U.S. economy contracted in the first quarter, easing concerns about aggressive interest rate hikes. Meanwhile, the Commerce Department's report showed U.S. gross domestic product fell at a 1.5% annualized rate last quarter, revised down from the 1.4% decline reported in April under the …

Wall St climbs on gains in banks, strong retail sales data
2 years, 7 months ago

Wall St climbs on gains in banks, strong retail sales data

Live Mint  

U.S. stocks rose on Tuesday, as Citigroup led a surge in bank shares after Berkshire Hathaway revealed a big stake and strong retail sales in April eased some concerns about slowing economic growth. Banks jumped 3.1%, with Citigroup climbing 7.9%, after Warren Buffett's Berkshire Hathaway disclosed a nearly $3 billion investment in the U.S. lender. U.S. retail sales increased 0.9% …

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries
2 years, 7 months ago

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries

Live Mint  

The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes. The Labor Department's report showed consumer price index rose 0.3% last month, the smallest gain since August, but still above economists' forecast of a 0.2% …

Wall St slips in choppy trading ahead of inflation data; Dow falls 179 points
2 years, 7 months ago

Wall St slips in choppy trading ahead of inflation data; Dow falls 179 points

Live Mint  

Wall Street's main indexes fell in volatile trading on Tuesday dragged down by banks and some megacap growth stocks as investors fretted over prospects of aggressive monetary tightening and slowing economic growth. Cleveland Fed President Loretta Mester said the U.S. economy will experience turbulence from the Federal Reserve's efforts to bring down inflation running at more than three times above …

Wall St: Nasdaq, S&P rise on tech boost after Biden-Xi talks
2 years, 9 months ago

Wall St: Nasdaq, S&P rise on tech boost after Biden-Xi talks

Live Mint  

The Nasdaq and the S&P 500 indexes inched higher in volatile trading on Friday as megacap stocks gained ground, while investors assessed talks between U.S. President Joe Biden and his Chinese counterpart Xi Jinping over the Ukraine conflict. "The geopolitical concerns are responsible for the vast majority of the market movement this week despite the fact that the Fed hiked …

Wall St: S&P 500, Dow surge over 1% amid Ukraine talks, prior to Fed decision
2 years, 9 months ago

Wall St: S&P 500, Dow surge over 1% amid Ukraine talks, prior to Fed decision

Live Mint  

Wall Street's main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve. It gives the market a sense of comfort that the Fed is on the ball, they're going to start moving interest rates and we could …

Wall Street rises as Fed’s Powell says rate hikes on track
2 years, 9 months ago

Wall Street rises as Fed’s Powell says rate hikes on track

Live Mint  

U.S. stock indexes rose on Wednesday after a bruising start to the week, as Federal Reserve Chair Jerome Powell signaled the central bank would start raising rates this month despite uncertainties stemming from the Ukraine crisis. In prepared remarks for his testimony to the U.S. House of Representatives Financial Services Committee, Powell reiterated the core Fed narrative that high inflation …

Asian shares mostly higher after Wall Street tech rally
2 years, 10 months ago

Asian shares mostly higher after Wall Street tech rally

Associated Press  

TOKYO — Asian shares mostly rose Thursday as investors tried to gauge U.S. inflation, tensions between Russia and Ukraine and the impact of the pandemic. Britain’s top diplomat flew Wednesday to Moscow, seeking to defuse tensions raised by Russia’s military buildup near Ukraine and warning that an invasion would bring “massive consequences for all involved.” Technology companies led a broad …

Wall St: S&P 500, Nasdaq slip as Pfizer, megacap stocks drag
2 years, 10 months ago

Wall St: S&P 500, Nasdaq slip as Pfizer, megacap stocks drag

Live Mint  

The S&P 500 and the Nasdaq declined on Tuesday as disappointing earnings from Pfizer and declines in megacap technology names added to jitters ahead of inflation data this week that could spark bets on quicker interest rate hikes. Pfizer Inc fell 5.3% after the drugmaker's full-year sales forecast for its COVID-19 vaccine and antiviral pills fell short of Wall Street …

Wall St: S&P 500, Nasdaq rise after turbulent week; Peloton surges
2 years, 10 months ago

Wall St: S&P 500, Nasdaq rise after turbulent week; Peloton surges

Live Mint  

The S&P 500 and the Nasdaq rose on Monday after a week of choppy trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon. The tech-heavy Nasdaq had a choppy start to February after Facebook owner Meta Platforms lost $200 billion from its market value on …

Wall St slides over 2% as tech rout deepens; Fed meeting eyed
2 years, 10 months ago

Wall St slides over 2% as tech rout deepens; Fed meeting eyed

Live Mint  

U.S. stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M. The Fed will convene its two-day monetary policy meeting later in the day, which will be watched closely for cues on …

Wall Street rises on earnings boost; Big Tech bounces back
2 years, 11 months ago

Wall Street rises on earnings boost; Big Tech bounces back

Live Mint  

U.S. stock indexes rose on Wednesday after upbeat results from a host of companies partially offset a wobbly start to the fourth-quarter reporting season, while Big Tech stocks also made a comeback after a bruising selloff. Quarterly reports from UnitedHealth Group Inc and Procter & Gamble Co supported sentiment in early trading, while Bank of America Corp and Morgan Stanley …

Wall St: S&P, Nasdaq rise on strong results from Nvidia, retailers
3 years, 1 month ago

Wall St: S&P, Nasdaq rise on strong results from Nvidia, retailers

Live Mint  

The Nasdaq led Wall Street higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation. But the Dow Jones was held back by losses in network gear maker Cisco Systems Inc, which tumbled 8.3% after it forecast current-quarter revenue below …

Stocks climb on Wall St gains as company earnings roll in
3 years, 5 months ago

Stocks climb on Wall St gains as company earnings roll in

Associated Press  

BEIJING — Asian stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation. Overnight, Wall Street’s S&P 500 index rose 0.8%, putting it on pace for a weekly gain after rebounding from Monday’s 1.6% loss. “The Delta variant remains an ever-present downside risk …

US stocks ease from record levels at open; stimulus in focus
3 years, 10 months ago

US stocks ease from record levels at open; stimulus in focus

Live Mint  

The Dow and the S&P 500 eased from record highs on Tuesday as investors digested recent gains while awaiting progress in passing a proposed $1.9 trillion stimulus plan. The tech-heavy Nasdaq, on the other hand, hit an all-time high for the fifth consecutive session, supported by gains in Apple Inc and Netflix Inc. Take-Two Interactive Software Inc fell nearly 6% …

Wall Street update: US stocks slip on COVID-19 concerns
4 years, 1 month ago

Wall Street update: US stocks slip on COVID-19 concerns

Live Mint  

Futures tracking the S&P 500 and Dow fell on Thursday as US coronavirus infections surged and investors weighed the timeline of the roll-out of an effective vaccine, while some heavyweight technology stocks headed higher for the second straight day. Wall Street's three main indexes have climbed between 8% and 11% in less than two weeks on prospects of measured industry …

Wall Street update: Stocks jump on prospect of divided US Congress, Dow up by 500 points
4 years, 1 month ago

Wall Street update: Stocks jump on prospect of divided US Congress, Dow up by 500 points

Live Mint  

US stocks jumped on Thursday as bets on Republicans retaining control of the Senate eased worries of major policy changes that could hurt corporate America under a Joe Biden White House, even as the presidential election hung in balance. With counting continuing in the battleground states still to be declared, investors were abandoning cautious positioning that many took ahead of …

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