Business

Nasdaq futures at record high as tech stocks rise

FILE PHOTO: A person waits on the Wall Street subway platform in the Financial District of Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly(Reuters) – Futures tracking the Nasdaq 100 index hit a record high on Tuesday as technology stocks rose, while positive news around U.S. vaccination boosted shares of energy and travel-related […]

Business

S&P 500, Dow hit record highs as defensive shares shine

(Reuters) – The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and stocks recovered from losses earlier in the session, shaking off glum economic data out of China.FILE PHOTO: A trader works on the floor of the New York Stock Exchange (NYSE) in New York […]

Business

Wall Street falls as Amazon earnings disappoint

(Reuters) -Wall Street’s main indexes fell on Friday following a glum quarterly earnings report from Amazon.com, while data showing a strong rise in June consumer spending reinforced optimism about a steady economic rebound.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo AllegriAmazon.com Inc […]

Business

Wall Street hovers near record highs before tech earnings, Fed meeting

(Reuters) – Wall Street indexes hovered near record highs on Monday in a week packed with heavyweight technology earnings, with investors staying away from big bets in the runup to a policy meeting by the Federal Reserve.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, […]

Business

S&P 500, Nasdaq hit record highs on megacaps, earnings strength

(Reuters) -The S&P 500 and Nasdaq indexes hit record highs on Friday and were on track to end the week with gains, helped by megacap growth stocks and strong earnings from social media companies, while a weak forecast from Intel hit chipmakers.FILE PHOTO: A street sign for Wall Street is seen outside the New York […]

Business

Dow sinks 2% as virus surge stifles recovery hopes

(Reuters) – The Dow sank more than 2% on Monday as investors sold off economically sensitive shares and travel stocks and sought the perceived safety of bonds on fears that a spike in COVID-19 cases would derail a broader economic recovery.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in […]

Business

Wall Street drops 1% as virus surge fans recovery fears

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri(Reuters) – Wall Street’s main indexes fell sharply at the open on Monday, with economy-linked value and travel stocks taking a hit after a spike in global COVID-19 cases raised fresh concerns about slowing […]

Business

S&P 500 and Nasdaq fall after hitting record highs

(Reuters) – The S&P 500 and Nasdaq dropped on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of […]

Business

Wall Street falls on growth worries, Chinese tech crackdown

(Reuters) -Wall Street’s main indexes fell on Thursday as the spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese tech stocks appeared to have spilled across markets.FILE PHOTO: The New York Stock Exchange is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New […]

Business

Dow leads declines on Wall Street as value stocks take a hit

(Reuters) – The blue-chip Dow slipped 1% on Tuesday, as investors dumped economy-linked value stocks and moved into growth-focused sectors, while a regulatory crackdown by Beijing hammered shares of several U.S.-listed Chinese firms.FILE PHOTO: A security camera is seen next to signage outside of the New York Stock Exchange (NYSE) in New York City, New […]