shreyashi sanyal

US stock market: Dow, Nasdaq slip as concerns rise of stricter China COVID curbs

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US stock market: Dow, Nasdaq slip as concerns rise of stricter China COVID curbs

Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most severe test of the pandemic. Beijing said on Monday it would shut businesses and schools in hard-hit districts and tighten rules for entering the city, as infections ticked higher. … Read more

S&P 500, Nasdaq end higher as investors eye economic path

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S&P 500, Nasdaq end higher as investors eye economic path

The S&P 500 ended slightly higher on Tuesday as investors kept their focus on the growth trajectory of the U.S. economy, and the tech-heavy Nasdaq closed higher while the Dow slipped. U.S. stocks have been under relentless selling pressure this year, with the benchmark S&P 500 index recording its steepest first-half percentage drop since 1970, … Read more