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Dow hits record high as data fuels stimulus bets

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/sp-500-dow-close/"></div>NEW YORK (Reuters) – The S&P 500 and Dow Jones industrial average notched record closing highs on Monday as news of another promising coronavirus vaccine fanned hopes of eradicating COVID-19, while spiking infections and new shutdowns threatened to hobble a recovery from the pandemic recession. All three major U.S. stock indexes advanced and with its […...
United States Jerome Powell Devik Jain Medha Singh Tom Martin Maju Samuel
Source: metro.us

Nasdaq gains on tech stocks, hopes for more stimulus

5 Min Read NEW YORK (Reuters) - The Nasdaq and S&P 500 eked out modest gains on Thursday with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was poised to โ€œeat our lunch,โ€ a warning that tempered enthusiasm for a market near record highs. Nvidia Corp rose 3.2% and Intel Corp 3.1%, making technology the leading sector to gain on the S&P 500 and Nasdaq. Declining shares outnumbered gainers on the Nasdaq and New York Stock Exchange. Biden told a group of U.S...
New York United States Ed Moya David Trainer Devik Jain Medha Singh

MARKET SNAPSHOT FOR 10/02/2021 | Hellenic Shipping News Worldwide

MARKET SNAPSHOT FOR 10/02/2021 NASDAQ-Adv: 2,344 Dec: 1,624 NYSE-Adv: 2,492 Dec: 1,617(Source: Nasdaq) The Nasdaq ended at a new closing high on Tusday but the broad market closed slightly lower as investors rotated out of large-cap tech names into other sectors seen as benefiting from President Joe Bidenโ€™s proposed $1.9 trillion stimulus bill. The tech-heavy Nasdaq hit an all-time high for the fifth consecutive session on early gains in Apple Inc, Amazon.com Inc and Google-parent Alphabet In...
New York United States William Herrmann Dan Grebler Devik Jain Medha Singh

Stock futures hit record highs ahead of inflation data, Fed chair speech | Hellenic Shipping News Worldwide

U.S. stock futures hit record highs on Wednesday, powered by bets of more fiscal aid, while investors looked to inflation data and a speech by Federal Reserve Chair Jerome Powell for clues on the pace of an economic rebound. Data at 8:30 a.m. ET (1330 GMT) is expected to show U.S. consumer prices rose 0.3% ...
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Wall Street rally runs out of steam ahead of Powell talk - Netscape Money & Business

Wall Street rally runs out of steam ahead of Powell talk By Devik Jain and Medha Singh Reuters (Reuters) - Wall Streets main indexes slipped from record levels on Wednesday as investors digested recent gains while awaiting a speech by Federal Reserve Chair Jerome Powell for clues on the pace of an economic rebound. Tesla Incs 4.2% slide and Amazon.com Incs 1.1% drop weighed the most on the S&P 500 and the Nasdaq. Shares of both the companies pulled the consumer discretionary index down 1.3%...
United States New Jersey New Vernon Jerome Powell Rick Meckler Arian Vojdani

S&P 500 edges lower in volatile trade, while dollar drops to two-week low

4 Min Read NEW YORK (Reuters) - MSCIโ€™s gauge of stocks across the globe rose on Wednesday for an eighth straight session even as the S&P 500 eased, and U.S. Treasury yields tumbled on data showing inflation remained tame in January. FILE PHOTO: A trader at the New York Stock Exchange works as markets continue to react to the coronavirus disease (COVID-19) inside of the NYSE in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson U.S. Federal Reserve Chair Jerome Powell, in remarks to the Ec...
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