US stock indices continued to rise on Thursday
As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb...
Crisis in the making
Nasdaq Composite, S&P 500 and Dow Jones fell sharply on Monday, with the financial sector hardest hit shares of major US banks JPMorgan Chase (JPM), Goldman Sachs (GS) and others fell by 3% or more. The market sees risks in ...
Tax on share buy-backs
Democrats in the US Congress want to impose a 2% tax on share buy-backs by companies to raise $270bn to fund the $3.5 trillion welfare bill.
On Friday, two senior Democrats in the US Senate introduced a proposal to impose a 2...
New York Stock Exchange premarket on Tuesday
Shares in Boeing (NYSE:BA) fell 1% after European budget airline Ryanair, one of the US plane maker's biggest customers, broke off talks over a deal to buy the 737 MAX 10 jets over a disagreement over pri...
Stock market on Tuesday
Major stock indices recovered from a slight decline on Tuesday on the back of three bad government reports concerning the US economy.
Major US stock indices recovered very quickly after a small decline on Tuesday despite a s...
The US stock market on Friday
Trading ended Friday with gains in the oil and gas, commodities and financial sectors.
At the close of trading on the New York Stock Exchange, the Dow Jones gained 0.69%, the S&P 500 index rose 0.88%...
Fed buying cuts in 2021
In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year.
Major stock market indices, the Dow Jones, S&am...
The US stock market on Tuesday
Tuesday's trading closed with gains in the oil and gas, commodities and consumer services sectors.
The Dow Jones rose 0.09%, the S&P 500 rose 0.15% and the NASDAQ Composite rose 0.52% at the close of tra...
Stock market trading on Thursday
The Dow Jones Industrial Average US stock index fell for the third straight session on Thursday, while gains in technology stocks contributed to gains in the S&P 500 and Nasdaq.
The Dow Jones Indu...
Nvidia's earnings
The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue...
Authorities put pressure on Alibaba Group
Alibaba (BABA) shares on the US exchange NYSE fell 4.9 per cent on Tuesday, to two-year levels, due to the release of tougher antitrust rules from China. Market analysts point to fiv...
Revenue and share price
Airbnb reported a 300% increase in second-quarter revenues compared with the crisis period in 2020. The company's losses also fell more than Wall Street expected.
Shares in Airbnb (ABNB), a digital platform for booking accom...
US stock market
The Dow Jones was up 0.04% at the close on the New York Stock Exchange, the S&P 500 was up 0.30% and the NASDAQ Composite was up 0.35%.
The top gainers among Dow Jones index components in yesterday's trading were Salesforce.com ...
Inflation rises
The US Department of Labour said on Wednesday that consumer prices rose 0.5% last month, slowing down from June's 0.9% increase. Economists' forecasts came true.
The release of US inflation data for July was the key event for financ...
Progress in the economy
Two Fed officials noted progress in the US economy on Monday, predicting when the central bank will begin cutting bond purchases and raising the benchmark interest rate.
On Monday, US stock indices were affected by...
Profit in the second quarter
CVS Health Corp (NYSE:CVS) reported second-quarter results on Wednesday that beat analysts' estimates. The earnings figure beat forecasts.
The company reported $2.42 earnings per ...
Infrastructure bill
US stock indices rose significantly before the opening of trading on Monday as investors welcomed the expected imminent passage of a bipartisan bill that would allow the US to spend a record amount on infrastr...
Home prices records
House prices continue to rise as strong demand is stronger than weak supply.
In America house prices were 16.6% higher than in May last year. This is believed to be the biggest result in the last 30 years of the&n...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Ahead of reports
Stock futures declined in early morning trading on Tuesday on the back of upcoming quarterly earnings reports from several technology companies.
Dow Jones futures were down 205 points, S&P 500 and Nasdaq 100 futures also traded...
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