All Posts in "Wall"

Wall St hovers near file highs, S&P 500 set for potent August

People today are witnessed on Wall Avenue exterior the New York Inventory Trade (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo

  • Tech weighs on Nasdaq, S&P 500
  • Zoom tumbles on a lot quicker-than-predicted fall in need
  • Indexes: Dow up .11%, S&P flat, Nasdaq down .12%

Aug 31 (Reuters) – Wall Street’s major indexes hovered in the vicinity of report highs on Tuesday despite weak point in know-how shares, with the S&P 500 heading for a seventh straight month of gains as fears ebbed in excess of in the vicinity of-phrase coverage tightening by the Federal Reserve.

4 of the 11 key S&P sectors retreated, with know-how (.SPLRCT) and components (.SPLRCM) amongst the major losers.

Shares of Apple (AAPL.O) fell .6% and have been the greatest drag on the Nasdaq (.IXIC), although Zoom Online video Communications Inc (ZM.O) tumbled 16.7% as it signaled a faster-than-predicted easing in

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Nicky Chicca by — September 1, 2021 in Er Tech
Wall St extends rally, pushing S&P 500 to 50th all-time higher near this calendar year

A man or woman waits on the Wall Avenue subway platform in the Financial District of Manhattan, New York Metropolis, U.S., August 20, 2021. REUTERS/Andrew Kelly

  • Vitality, vacation shares rise on increasing desire hopes
  • Best Purchase gains soon after increasing total-12 months sales forecast
  • Indexes up: Dow .09%, S&P .15%, Nasdaq .52%

NEW YORK, Aug 24 (Reuters) – Wall Avenue finished larger in a late-summertime, light-weight volume rally on Tuesday as the FDA’s complete approval of a COVID-19 vaccine on Monday and the absence of destructive catalysts saved danger appetite alive ahead of the considerably-predicted Jackson Gap Symposium.

All three major U.S. inventory indexes state-of-the-art better, with the S&P 500 and the Nasdaq closing at all-time closing highs.

The session marked the S&P 500’s 50th report significant shut so significantly this year.

Tech and tech-adjacent megacaps have been the moment once again performing the significant lifting, but economically sensitive cyclicals

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Nicky Chicca by — August 30, 2021 in Er Tech
Wall St extends rally, pushing S&P 500 to 50th all-time higher shut this yr

A particular person waits on the Wall Road subway system in the Fiscal District of Manhattan, New York Metropolis, U.S., August 20, 2021. REUTERS/Andrew Kelly

  • Power, journey shares increase on enhancing need hopes
  • Finest Purchase gains following elevating complete-year revenue forecast
  • Indexes up: Dow .09%, S&P .15%, Nasdaq .52%

NEW YORK, Aug 24 (Reuters) – Wall Avenue ended larger in a late-summer season, gentle quantity rally on Tuesday as the FDA’s comprehensive acceptance of a COVID-19 vaccine on Monday and the absence of detrimental catalysts held hazard appetite alive forward of the significantly-expected Jackson Hole Symposium.

All 3 important U.S. stock indexes advanced increased, with the S&P 500 and the Nasdaq closing at all-time closing highs.

The session marked the S&P 500’s 50th record significant near so much this calendar year.

Tech and tech-adjacent megacaps have been as soon as once again accomplishing the hefty lifting, but economically delicate cyclicals

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Nicky Chicca by — August 26, 2021 in Er Tech
Wall Avenue established to grind greater Nasdaq tracks new peak

By Devik Jain

(Reuters) -Wall Street was set for a a little bit higher open up on Tuesday as a comprehensive U.S. acceptance of a COVID-19 shot boosted shares of power and vacation-relevant companies, though gains in engineering shares set the Nasdaq on keep track of for fresh new highs.

The acceptance assisted significant U.S. inventory indexes conclude Monday sharply bigger, with the benchmark S&P 500 hitting an intra-working day report peak, driven by a jump in electrical power and industrial shares.

The momentum prolonged on Tuesday as oil majors Chevron Corp and ExxonMobil Corp extra about 1% each and every. Shares of big Wall Avenue banking institutions also edged increased.

Cruise operators together with Carnival Corp rose about 1%, although on the internet journey company TripAdvisor and on line casino firms MGM Resorts, Wynn Resorts included in between 1.4% and 2.8% on hopes that the acceptance would improve vaccination

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Nicky Chicca by — August 24, 2021 in My Tech High
Tech, cyclical stocks pull Wall St decreased as China info sours temper

  • Mega-cap tech shares weigh on marketplaces
  • Tencent Songs falls immediately after Soros Fund dissolves stake
  • Indexes down: Dow .21%, S&P .34%, Nasdaq .86%

Aug 16 (Reuters) – Wall Street’s key indexes fell on Monday, as glum data from China sparked fears of slowing world wide development, spurring a possibility-off sentiment and a shift into defensive stocks amid political turmoil in Afghanistan.

The knowledge showed that retail profits, industrial production and city investment decision in China all skipped forecasts, pointing to the effect of the quick-spreading Delta variant of the coronavirus and knocking down costs of commodities and the S&P 500 and the Dow from history highs.

In the meantime, thousands of civilians desperate to flee Afghanistan thronged Kabul airport on Monday immediately after the Taliban seized the capital, prompting the U.S. navy to suspend evacuations as the United States came below mounting criticism at property above its pullout. examine extra

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Nicky Chicca by — August 17, 2021 in Er Tech