Nasdaq dives 3%, S&P 500 on course to confirm a correction

photo

US stock indexes dropped on Monday, with the S&P 500 on course to confirm a correction as the prospect of a Russian attack on Ukraine posed as a double whammy for investors already worried about aggressive policy tightening by the Federal Reserve. A correction is confirmed when an index closes 10 per cent or more … Read more

Dow Jones gains as investors cheer declining jobless claims

photo

US stocks opened higher on Thursday after data pointed to a declining trend in weekly jobless claims, with investors also weighing the risk of another business shutdown as US COVID-19 cases soared. The Dow Jones Industrial Average rose 27.64 points, or 0.11 per cent, at the open to 26,094.92. The S&P 500 opened higher by … Read more