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February 4, 2021
Wall St rises as focus turns to stimulus, corporate earnings By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - Wall Streets main indexes climbed on Thursday as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing. The Labor Departments report showed 779,000 Americans filed new applications for unemployment benefits last week, lower than 812,000 in the prior week, as authorities started to loosen ...
February 4, 2021
3 Min Read (Reuters) - U.S. stocks rose more than 1% on Thursday and the S&P 500 and Nasdaq posted record closing highs after another batch of upbeat earnings and data suggesting the labor market may be stabilizing. The Dow and S&P 500 rose for a fourth straight day, with investor hopes of further progress on a pandemic-relief package also boosting the market. Democrats in the U.S. Senate were poised to take a first step toward the ultimate passage of President Joe Biden’s $1.9 trillion COVID...
February 4, 2021
Wall St. rises as focus turns to stimulus, corporate earnings By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - Wall Streets main indexes rose on Thursday as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing. The Labor Departments report showed 779,000 Americans filed new applications for unemployment benefits last week, lower than 812,000 in the prior week, as authorities started to loosen pa...
February 4, 2021
(Reuters) - Wall Streets main indexes opened higher on Thursday, as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing. The Dow Jones Industrial Average rose 14.2 points, or 0.05%, at the open to 30737.78. The S&P 500 rose 6.5 points, or 0.17%, at the open to 3836.66, while the Nasdaq Composite rose 63.5 points, or 0.47%, to 13,674.06 at the opening bell. (Reporting by Devik Jain in Bengaluru;...
February 4, 2021
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 decrease more than expected * eBay, PayPal jumps on upbeat quarterly earnings * Qualcomm slips as chip supply constraints hold back sales * Futures up: Dow 0.10%, S&P 0.19%, Nasdaq 0.41% (Adds comment, details; updates market prices) Feb 4 (Reuters) - Wall Street’s main indexes were set to open higher on Thursday as investors looked to corporate earn...
February 4, 2021
3 Min Read (Reuters) - U.S. stocks rose more than 1% on Thursday and the S&P 500 and Nasdaq posted record closing highs after another batch of upbeat earnings and data suggesting the labor market may be stabilizing. The Dow and S&P 500 rose for a fourth straight day, with investor hopes of further progress on a pandemic-relief package also boosting the market. Democrats in the U.S. Senate were poised to take a first step toward the ultimate passage of President Joe Biden’s $1.9 trillion COVID...
February 3, 2021
3 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Alphabet rallies after results * Volatility index eases (Updates to close) Feb 3 (Reuters) - The S&P 500 ended higher on Wednesday, registering a third straight session of gains, with Alphabet Inc’s shares jumping following its strong quarterly results. Alphabet shares rose a day after its results, as it benefited from lockdowns that drove retail and other advertisers onl...
February 3, 2021
(Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon, while investors counted on more fiscal stimulus to aid an economic recovery. The Dow Jones Industrial Average rose 2.2 points, or 0.01%, at the open to 30689.65. The S&P 500 rose 14.0 points, or 0.36%, at the open to 3840.27, while the Nasdaq Composite rose 105.5 points, or 0.78%, to 13718.314 at the opening bell. (Reporting by Devik Jain in Bengaluru...
February 3, 2021
3 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Futures up: Dow 0.11%, S&P 0.39%, Nasdaq 0.68% Feb 3 (Reuters) - U.S. stock index futures rose on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon ahead of data that is likely to show a rebound in monthly private payrolls. Alphabet Inc jumped 7% in premarket trading as it benefited from lockdowns that drove retail and other advertisers online. ...
February 3, 2021
4 Min Read (Reuters) - The Dow and S&P 500 rose slightly on Wednesday, registering a third straight session of gains, with Alphabet Inc’s shares hitting a record high following its strong quarterly results. Alphabet shares ended up 7.3% and provided the biggest boost to the S&P 500. The Google parent late Tuesday posted results that topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic. With recent stronger-than-expected results from Alph...