Possibility of a coronavirus rescue program and positive expectations about tech earnings helped benchmarks close higher on Monday. Investors now brace for a momentous tech earnings week, with reports due from Facebook, Amazon, Alphabet and Apple to name a few. The Dow Jones Industrial Average (DJI) rose 114.88 points or […]
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Wall Street closed sharply lower on Thursday owing to weak labor market data and heightening geopolitical tensions between the United States and China. Selling pressure on the technology sector also pulled down the overall market. All three major stock indexes ended in negative territory. How Did The Benchmarks Perform? The […]
Wall Street closed higher after a choppy session on Wednesday buoyed by good news from coronavirus treatment front and possible injection of fresh stimulus by the U.S. government. However, investors remained concerned about eco-political intensions between the United States and China. All three major stock index ended in the green. […]
U.S. stocks finished mixed on Tuesday as investors are waiting for next round of stimulus from the U.S. government. Meanwhile, a fresh dosage of stimulus by the European Union and better-than-expected earnings results of a few big companies strengthened investors’ confidence to some extent. The Dow and the S&P 500 […]
U.S. stock markets closed higher on Monday as the tech rally resumed after the gap of a week. Moreover, positive developments on the coronavirus treatment front and expectations of a fresh dosage of fiscal stimulus from the U.S. government strengthened investors’ confidence. All three major stock indexes ended in the […]
Wall Street closed mixed on Friday buoyed by mixed economic data and a spike in new cases of coronavirus infections. Moreover, disappointing earnings results and weak guidance of Netflix also dented investors’ sentiment. The S&P 500 and the Nasdaq Composite ended in the green while the Dow finished in red. […]
Benchmarks closed lower on Thursday, mostly dragged down by decline in tech stocks. Mixed earnings as well as economic reports further dampened investors’ sentiment. The Dow Jones Industrial Average (DJI) fell135.39 points or 0.5%,to close at 26,734.71and the S&P 500 shed10.99 points, or 0.3% to close at of 3,215.57. The […]
Wall Street closed mixed on Thursday growing concerns about the second wave of the coronavirus dented investors’ confidence. However, the technology sector continued its rally. The Dow and the S&P 500 ended in red while the Nasdaq Composite finished in positive territory. How Did The Benchmarks Perform? The Dow Jones […]
Wall Street closed higher on Thursday following the release of better-than-expected nonfarm payroll data of June. However, market rally was restricted as investors’ remained concerned about growing new cases of the coronavirus in the United States. All three major stock indexes ended in the green. The market was closed on […]
Wall Street closed lower on Tuesday after giving some of the gains it made on Monday on account of growing concerns on resurgence of the coronavirus. Tepid outlook of Eurozone also dented investors’ sentiments. All three major stock indexes ended in the red. How Did The Benchmarks Perform? The Dow […]