Page 87 - Devik Jain News Today

4 Min Read NEW YORK (Reuters) - Major U.S. averages on Monday closed off their best levels of the day, although the S&P and Nasdaq still finished at record levels, as concerns over the timing and scope of fiscal stimulus dented optimism at the start of a week of earning reports from mega-cap companies. Investors turned their focus to the U.S. Senate, which is aiming to pass COVID-19 relief legislation before former President Donald Trump’s impeachment trial begins in early February. Stocks mo...

Nasdaq hits record high on big hopes for big-tech earnings By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - The Nasdaq index hit a record high on Monday as investors remained optimistic at the start of a busy week of earnings from mega-cap technology companies, while economy-sensitive cyclical stocks gave back recent gains. The so-called "stay-at-home" winners including Microsoft Corp, Facebook Inc and Apple Inc rose between 1.7% and 4.3%, following upbeat results from Netflix Inc las...

Nasdaq opens at record high ahead of big-tech earnings 01/25/2021 14:38 (Reuters) - The Nasdaq opened at a record high on Monday as markets geared up for a busy week of earnings from mega-cap technology firms, while the Dow and S&P 500 came under pressure from a decline in Mercks shares. The Dow Jones Industrial Average fell 7.1 points, or 0.02%, at the open to 30989.85. The S&P 500 rose 10.2 points, or 0.27%, at the open to 3851.68​, while the Nasdaq Composite rose 138.1 points, or 1.02%...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/stimulus-jitters-dent-wall/"></div>NEW YORK (Reuters) – Major U.S. averages on Monday closed off their best levels of the day, although the S&P and Nasdaq still finished at record levels, as concerns over the timing and scope of fiscal stimulus dented optimism at the start of a week of earning reports from mega-cap companies. Investors turned their focus […]<!-- AddThis Adva...

Stocks lag, dollar advances on COVID-19 concerns By Matt Scuffham FILE PHOTO: Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the NYSE in New York NEW YORK (Reuters) – Global stocks lagged and the dollar advanced in volatile markets on Monday, with sentiment hit by increasing COVID-19 cases, delays in vaccine supplies and uncertainty over a $1.9 trillion U.S. stimulus plan...

* Dow down 0.39%, S&P 500 down 0.24%, Nasdaq down 0.11% (Adds comment; updates market prices; adds New York dateline; changes byline)

NEW YORK, Jan 23 — The Dow and S&P 500 ended modestly lower yesterday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91 per cent and was the top...

* Growth stocks outperform value names * United Airlines slips on fourth straight quarterly loss * Indexes: Dow and S&P flat, Nasdaq up 0.48% (Adds comment; updates share prices) Jan 21 (Reuters) - Wall Street’s main indexes hovered near record highs on Thursday as investors counted on more pandemic relief and speedy vaccine rollouts under the Biden administration to support the economy after data showed a weakening labor market recovery. The number of Americans filing new applications for un...

4 Min Read NEW YORK (Reuters) - The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp slipped 9.29% as new Chief Executive Officer Pat Ge...

4 Min Read NEW YORK (Reuters) - The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp slipped 9.29% as new Chief Executive Officer Pat Ge...