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 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 Medha Singh and Sanjana Shivdas March 11 (Reuters) – U.S.stock indexes dropped sharply on Wednesday after attempting a rebound in the previous session, on skepticism around President Donald Trump’s stimulus plan to combat the coronavirus outbreak. The benchmark S&P 500 index was 17.6% below its all-time peak hit on Feb.19. If it closes 20%…
By Lewis Krauskopf, Shreyashi Sanyal and Devik Jain Oct 7 (Reuters) – Wall Street’s main indexes jumped on Thursday in a broad-based rally led by heavyweight technology shares, after a truce in the debt-ceiling standoff in the U.S.Congress relieved concerns of a possible government debt default this month. The U.S. Senate took a step toward…
By Noel Randewich, Lewis Krauskopf and Devik Jain Oct 7 (Reuters) – Wall Street ended sharply higher on Thursday in a broad-based rally led by heavyweight technology shares, as a truce in the debt-ceiling standoff in the U.S.Congress relieved concerns of a possible government debt default this month. Mega-cap stocks, including Apple Inc, Amazon.com Inc…