US stocks soared on Thursday on strong earnings from mega tech companies. The Nasdaq Composite climbed 2.27%, fuelled by the upbeat quarterly results from Meta Platforms Inc. The S&P 500 gained 72.06 points, or 1.78%, at 4,128.05. The Dow Jones Industrial Average rose 479.55 points, or 1.44%, at 33,781.42. SharesRead More →
US stocks jumped on Wednesday on a rally in Microsoft and other big tech stocks. The S&P 500 rose 0.2% in early trading. The Dow Jones Industrial Average gained 58 points, or 0.2%, at 33,589, while the Nasdaq composite advanced 0.9%. Microsoft stock rallied 7% after the company reported strongerRead More →
US stocks slipped on Tuesday on recession fears after weak earnings and soft economic data. The S&P 500 slumped 59.56 points, or 1.44%, at 4,077.48. The Dow Jones Industrial Average fell 335.19 points, or 0.99%, at 33,540.21. The Nasdaq Composite tanked 207.27 points, or 1.72%, at 11,829.93. United Parcel ServiceRead More →
US stocks closed mixed on Monday as investors braced for mega tech earnings and economic data. The S&P 500 inched up 0.09% at 4,137.13. The Dow Jones Industrial Average rose 0.21% at 33,878.36, while Nasdaq Composite fell 0.28% at 12,038.56, dragged down by Tesla. Tesla, closed 1.53% down, raised its 2023Read More →
On Wall Street, earnings from mega technology companies are expected to drive stock markets this week. First quarter results from mega-cap names such as Microsoft Corp and Google parent Alphabet are expected on 25 April, followed by Apple on 4 May. Amazon is expected to release its first quarter resultsRead More →
US stocks fell on Thursday due to a sharp decline in Tesla and AT&T shares, and weak economic data. The S&P 500 dipped 0.60% at 4,129.79. The Dow Jones Industrial Average fell 0.33% at 33,786.62. The Nasdaq Composite lost 0.8% at 12,059.56. Tesla stock sank 9.75% after the company missedRead More →
US stocks closed mostly flat on Wednesday following mixed corporate earnings from major US companies. The S&P 500 lost 0.01% at 4,154.52. The Dow Jones Industrial Average fell 0.23% at 33,897.01. The Nasdaq Composite gained 0.03% at 12,157.23. Netflix stock fell after reporting weaker than expected earnings. Shares of Abbott Laboratories,Read More →
US stock indices on Wall Street were little changed on Tuesday after disappointing earnings from Johnson & Johnson and Goldman Sachs. The S&P 500 gained 0.08% at 4,154.77. The Dow Jones Industrial Average slipped 0.03% at 33,977.72. The Nasdaq Composite fell 0.04% at 12,153.41 The yield on 2-year US treasuryRead More →
US stocks rose marginally on Monday ahead of major corporate earnings. The S&P 500 gained 0.33% at 4,151.40 points. The Dow Jones Industrial Average added 0.30% at 33,987.36. The Nasdaq Composite rose 0.27% at 12,156.45. US treasury yields rose on Monday. The 10-year treasury yield surged to 3.59% from 3.52%Read More →
US stocks dropped on Wednesday after minutes from the Federal Reserve policy meet in March showed that central bank officials are concerned about the banking crisis and the high inflation. The S&P 500 declined 0.40% at 4,092.28. The Dow Jones Industrial Average slipped 0.10% at 33,652.63. The Nasdaq Composite lost 0.84% to end atRead More →
