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U.S. stocks end higher in 'buy the dip' session - Netscape Money & Business - Vimarsana News

U.S. stocks end higher in 'buy the dip' session - Netscape Money & Business

U.S. stocks end higher in 'buy the dip' session By Stephen Culp Reuters NEW YORK (Reuters) - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data. All three major U.S. stock indexes notched solid gains, with the S&P 500 enjoying its biggest percentage gain in over a month. The Nasdaq, weighed by Tesla Inc, picked up the rear. Meanwhile, cyclical shares, which stand to benefit most from economic revival, enjoyed the biggest gains. Recent economic data has prompted inflation fears as scarcit...

Wall Street ends with broad sell-off on spiking inflation fears | Money - Vimarsana News

Wall Street ends with broad sell-off on spiking inflation fears | Money

Thursday, 13 May 2021 05:13 AM MYT All three major US stock indexes ended the session deep in the red following the Labour Department’s April consumer prices report. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. WASHINGTON, May 13 — Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated. All three major US stock indexes ended the session deep in the red following t...

Futures slip for fourth day with focus on inflation data - Vimarsana News

Futures slip for fourth day with focus on inflation data

BusinessWall St rebounds on tech boost after fewer jobless claims data Medha SinghSruthi Shankar 4 minute read A Wall Street sign is pictured outside the New York Stock Exchange amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri Technology stocks helped Wall Street's main indexes rebound on Thursday after three sessions of declines, as data showing fewer Americans filed for weekly jobless claims bolstered confidence in a U.S. economic recovery. The Labor Department's data showed new claims for unemp...

Wall Street ends with broad sell-off on spiking inflation fears - Netscape Money & Business - Vimarsana News

Wall Street ends with broad sell-off on spiking inflation fears - Netscape Money & Business

Wall Street ends with broad sell-off on spiking inflation fears By Stephen Culp Reuters NEW YORK (Reuters) - Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated. All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years. The report was hotly anticipated by market participants who have grown in...

Bumble beats quarterly revenue estimates on strong user growth - Vimarsana News

Bumble beats quarterly revenue estimates on strong user growth

By Reuters Staff 2 Min Read FILE PHOTO: The Bumble Inc. (BMBL) app is shown on an Apple iPhone in this photo illustration as the dating app operator made its debut IPO on the Nasdaq stock exchange February 11, 2021. REUTERS/Mike Blake/Illustration (Reuters) -Bumble Inc forecast current-quarter revenue above estimates on Wednesday after beating expectations for the first, as more people turned to its online dating app to socialize while staying indoors during the COVID-19 pandemic. The owner of the dating app that requires women to make the first move said total paying users surged 30% i...