By Devik Jain and Sagarika Jaisinghani Oct 1 (Reuters) – Wall Street’s main indexes rose on the first day of the fourth quarter on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labor market was slowing. The number of Americans filing for jobless benefits fell to 837,000 in…
By Medha Singh and Shivani Kumaresan Feb 12 (Reuters) – Wall Street’s main indexes eased on Friday ahead of a long weekend, as investors digested recent gains driven by stimulus bets and accelerated vaccine roll outs. Heavyweights Apple Inc, Tesla Inc and Amazon.com Inc were among the major drags on the S&P 500 and the…
By Medha Singh and Devik Jain Sept 14 (Reuters) – Wall Street’s major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood. Nvidia Corp jumped 9.0% on plans to buy UK-based chip designer Arm…
By Shreyashi Sanyal and Arjun Panchadar Oct 16 (Reuters) – Wall Street edged lower on Wednesday, as concerns over an escalation in the U.S.-China trade war and weak economic indicators persisted, while a raft of upbeat results underlined a solid start to the third-quarter earnings season. U.S.stocks came under pressure after the U.S. House of…
By Devik Jain and Sagarika Jaisinghani Oct 1 (Reuters) – Wall Street’s main indexes were set to jump on the first day of the fourth quarter on Thursday as investors remained hopeful of a new coronavirus fiscal aid package, while data showed weekly jobless claims hovered at recession levels. The Trump administration has proposed a…
By Medha Singh and Sruthi Shankar April 27 (Reuters) – Lackluster results from Tesla and 3M dragged Wall Street’s main indexes lower on Tuesday, shifting investor focus to earnings from big technology companies, including Microsoft and Alphabet, later in the day. Electric-car maker Tesla Inc tumbled 4%, dragging down the S&P 500 and the Nasdaq,…
By Manas Mishra Jan 2 (Reuters) – Wall Street’s major indexes began the new year at record levels on Thursday, as fresh stimulus from Beijing to prop up its slowing economy added to optimism fueled by easing trade tensions and an improving global outlook. China’s central bank said on Wednesday it would cut the amount…
By Medha Singh and Devik Jain Sept 14 (Reuters) – Wall Street’s major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood. Nvidia Corp jumped 9.0% on plans to buy UK-based chip designer Arm…