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Dow, S&P 500 close higher, but pro-Trump protests pare gains

4 Min Read NEW YORK (Reuters) -The Dow and the S&P 500 ended higher, soaring to all-time highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fiscal stimulus and infrastructure spending. But Wall Street pared earlier gains and the Nasdaq index closed lower after swarms of protesters stormed the U.S. Capitol on Wednesday as they sought to force Congress to undo President Donald Trump’s election loss to Joe Biden. L...
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Vaccine rollout to higher earnings: Why investors are bullish on US stocks

Read more about Vaccine rollout to higher earnings: Why investors are bullish on US stocks on Business Standard. The roll out of coronavirus vaccines has emboldened investors, along with the U.S. Federal Reserves expressed readiness to keep policy accommodative, strategists said
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Wall St Week Ahead-Investors bullish on stocks, hoping for a brighter 2021

Wall St Week Ahead-Investors bullish on stocks, hoping for a brighter 2021 Filed on January 3, 2021 The golden run by some high-flying growth names could continue, investors said The roll out of coronavirus vaccines has emboldened investors, along with the U.S. Federal Reserve’s expressed readiness to keep policy accommodative, strategists said U.S. stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the ...
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Investors bullish on stocks, hoping for a brighter 2021

Investors bullish on stocks, hoping for a brighter 2021 03 Jan 2021 Traders carry out routine work on the floor of the New York Stock Exchange. Reuters US stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever. Risks abound, including a resurgent coronavirus pandemic, concerns about the speed of rollout of vaccines a...
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Investors bullish on stocks, hoping for a brighter 2021

5 Min Read NEW YORK (Reuters) - U.S. stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever. FILE PHOTO: A Wall St. sign is seen near the New York Stock Exchange (NYSE) in the financial district in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid Risks abound, including a resurgent coronavirus pandemic, concerns about the speed of ro...
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Wall St. touches new highs as Trump signs fiscal aid bill

Stock markets around the world enjoyed strong gains after President Donald Trump mutedly signed the $2.3 trillion pandemic aid bill. On the first day of trading since Christmas – and the UK’s Brexit deal 24 hours earlier – relieved investors helped to drive US stock indices to intra-day peaks, while Germany’s Dax climbed to its […]
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U.S. stocks touch record highs, Treasury yields rise on stimulus, Brexit

4 Min Read NEW YORK (Reuters) -Wall Street was on track to close at record highs on Monday, but crude prices lost ground as long-awaited pandemic relief and Brexit trade deals fueled investors’ risk appetite. FILE PHOTO: A man walks outside the New York Stock Exchange (NYSE) in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid U.S. equities followed the example of their European counterparts with a broad rally, and communications services and consumer discretionary stocks were leadi...
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US stocks touch record highs, Treasury yields rise on stimulus, Brexit

US equities followed their European counterparts higher in a broad rally, with small- and mid-cap stocks outperforming. President Donald Trump reversed course on Sunday by signing a US$2.3 trillion fiscal relief and spending package into law, heading off a potential government shutdown and setting the stage for Democrats in Congress to push for more robust US$2,000 direct payments to millions of Americans. "Its a positive tone to the US market and part of that is the signing of the stimulus pac...
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The Fiji Times » Tesla tumbles from record high in S&P 500 debut

Reuters Reuters 22 December, 2020, 2:35 pm The decline in Tesla’s shares accounted for about 0.1 percentage points of the S&P 500’s 0.4% decline for the day, according to Refinitiv data. Picture: REUTERS. (Reuters) – Shares of Tesla debuted in the S&P 500 on Monday, ending sharply lower after a report about potential future competition from Apple . Tesla ended down 6.5% from a record high in the previous session, its steepest one-day drop in over a week, after Reuters reported that Apple ...
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