Page 65 - Devik Jain News Today

Message : Required fields NEW YORK, April 2 (Reuters) - U.S. President Joe Bidens massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. The S&P 500 scaled 4,000 for the first time on Thursday and closed up 1.18% at 4,019.87, extending the benchmark indexs gain to nearly 80% from lows in March 2020. The rally has been driven by unprecedented U.S. stimulus measures an...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/wall-street-week-ahead-42/"></div>NEW YORK (Reuters) – U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. The S&P 500 scaled 4,000 for the first time on Thursday and closed up 1.18% at 4,019.87, extending the benchmark [...

5 Min Read NEW YORK (Reuters) - U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. A U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid The S&P 500 scaled 4,000 for the first time on Thursday and closed up 1.18% at 4,019.87, extending the benchmark index’s g...

LONDON/NEW YORK (Reuters) - Investors on Wednesday tallied the fallout from Archegos Capitals dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed. The downfall of Archegos, a family office run by former Tiger Asia manager Bill Hwang, has rocked a handful of stocks that have been linked to the funds massive margin call while weighing on shares of banks that did business with the New York-based fund. ...

3 Min Read NEW YORK (Reuters) - The S&P 500 ended just slightly in the red on Monday, with bank shares falling amid warnings of potential losses from a hedge fund’s default on margin calls, while optimism over the economy limited the day’s declines. The Dow ended higher, with shares of planemaker Boeing Co rising 2.3% after the company reached a deal with U.S. budget carrier Southwest Airlines Co for a variant of the 737 MAX aircraft. Nomura and Credit Suisse are facing billions of dollars ...

The S&P 500 on Thursday crossed the 4,000 mark for the first time, as gains in technology shares as well as optimism about a pickup in economic activity helped Wall Street kick off the second quarter on a high note.

4 Min Read (Reuters) - The S&P 500 on Thursday crossed the 4,000 mark for the first time, as gains in technology shares as well as optimism about a pickup in economic activity helped Wall Street kick off the second quarter on a high note. FILE PHOTO: A child leaps off a bench outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo Swift vaccinations and a massive fiscal stimulus program are powering a recovery in the labor market, ...

4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Weekly jobless claims unexpectedly rise * Micron jumps after upbeat revenue forecast * J&J shares slip on problem with COVID-19 vaccine batch * Futures up: Dow 0.07%, S&P 0.35%, Nasdaq 1.07% (Adds comment, details; Updates prices) April 1 (Reuters) - Major U.S. stock indexes were set to open higher on Thursday, as technology shares, led by chipmakers, gained following an up...

* Indexes up: Dow 0.19%, S&P 0.70%, Nasdaq 1.51% (Updates to market open)

3 Min Read (Reuters) - U.S. stock index futures rose on Thursday as technology shares, led by chipmakers, gained following an upbeat earnings outlook by Micron, while investors awaited weekly jobless claims data to gauge the pace of a recovery in the labor market. FILE PHOTO: A child leaps off a bench outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo Micron Technology Inc rose 4.3% after the chipmaker forecast fiscal third-qu...