U.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes posted sharp gains, with the “magnificent seven” group of artificial … Read more
US stocks edged lower Tuesday, a day before President Donald Trump’s pledged unveiling of sweeping tariffs to address what he called unfair trade imbalances with allies and adversaries alike. Traders are nervously preparing for April 2, which Trump has dubbed “liberation day.” The Republican president has not provided much in the way of details about … Read more
US stocks fell again on Monday while market volatility surged, as traders grapple with uncertainty about a slew of new tariffs that President Donald Trump has penciled in for April 2. Trump, who has been hyping Wednesday as “Liberation Day,” has pledged to impose sweeping levies against trading partners on the date, but his administration … Read more
Asian equities rose Thursday after US stocks set a fresh high ahead of inflation data that may define Federal Reserve policy easing in the coming months. Shares in Japan, South Korea and Australia climbed while Hong Kong equity futures also rose. An index of US-listed Chinese companies fell in New York trading, following the biggest … Read more
The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak. U.S. job gains increased in September by the most in six months, and the unemployment rate fell to 4.1%, … Read more
The benchmark S&P 500 and the Nasdaq traded near two-week lows on Wednesday as investors priced in a possible escalation in geopolitical tensions in the Middle East, while a survey allayed worries about a rapid cooldown in the U.S. labor market. Markets were wary as Israel and the U.S. vowed to strike back after Iran … Read more
Regulators in Asia have tightened the screws on trades popular among hedge funds as stocks slumped, an attempt to stabilize markets that some worry may end up stifling key strategies. Thailand’s plan to increase scrutiny on high-frequency trades — in effect from Monday — follows steps from China, where programmed trading will soon be subject … Read more
On Wednesday, US-based technology giant Nvidia Corp raced to the top of the global market-cap rankings, surpassing giants like Microsoft and Apple. With a market-cap of $3.335 trillion, Nvidia is now more valuable than some of the biggest global markets. ET Bureau Source link
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft – all set to report next week – are part of the group of companies that … Read more
U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon. The rally capped a tumultuous week filled with high … Read more