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Wall Street News
Asian markets tentative as Donald Trump tempers Sino-US trade optimism
Wed, May 23, 2018
Donald Trump said on Tuesday he was not pleased with recent trade talks between the United States and China, souring the improved market sentiment following weekend comments from U.S. Treasury Secretary Steven Mnuchin that trade war is “on hold”.
Tesla shares, bonds drop as CEO Elon Musk bites hand of Wall Street
Fri, May 04, 2018
In a conference call on Wednesday, Musk refused to answer questions from analysts on Tesla`s capital requirements, saying "boring questions are not cool." Instead, he took over a dozen consecutive questions from YouTube investment channel HyperChange TV, which had previously recommended buying Tesla shares.
Wall Street rebounds; Dow Jones up 100 points as trade war worries ebb
Mon, Apr 09, 2018
Global markets came under pressure last week as the United States and China threatened each other with tens of billions worth of tariffs. Investors remained on edge as they feared protectionist measures would hit global economic growth.
Wall Street tumbles sharply, Dow Jones slips below 200-DMA on tech sector, trade war worries
Tue, Apr 03, 2018
The Dow Jones Industrial Average fell 458.92 points, or 1.9 percent, to end at 23,644.19 after dipping below its 200-day moving average. The S&P 500 fell 58.99 points, or 2.23 percent, to 2,581.88 and the Nasdaq Composite dropped 193.33 points, or 2.74 percent, to 6,870.12.
Wall Street closes sharply lower, tech stocks lead late selloff
Wed, Mar 28, 2018
Wall Street closed sharply lower Tuesday, with each of the major U.S. indexes suffering their fourth decline in five sessions, fuelled by a selloff in the tech sector.
Wall Street tumbles to worst day in six weeks after Donald Trump's tariff action on China
Fri, Mar 23, 2018
Major industrials slumped. Plane maker Boeing Co lost 5.2 percent, Caterpillar Inc dropped 5.7 and 3M Co lost 4.7. The three were among the biggest drags on the Dow Jones Industrial Average. The S&P industrials sector plunged 3.28 percent.
Wall Street advances on energy bump; Facebook woes continues
Wed, Mar 21, 2018
Facebook Inc shares ended down 2.6 percent, well above earlier lows. The social media company said on Tuesday it faced questions from the U.S. Federal Trade Commission about how its users` personal data was mined by a political consultancy.
From Wall Street to weed: How the financial crisis lit up the pot industry
Tue, Mar 20, 2018
Companies in the U.S. marijuana market posted revenues of approximately $6 billion in 2017, a 500 percent increase from the roughly $1 billion in 2011, according to estimates from Marijuana Business Daily, a trade publication.
Wall Street's tech love affair might end in tears; here's why
Sun, Mar 18, 2018
Investors nervous about how much longer a nine-year bull market can last have favored big tech names as among the most reliable on the stock market because their business models are often viewed as disruptive and less susceptible to economic downturns, at least over the long run.
Asian shares slip as Tillerson exit, tariffs raise protectionism fears
Wed, Mar 14, 2018
MSCI`s broadest index of Asia-Pacific shares outside Japan stumbled 0.7 percent, retreating from a 1-1/2 month high hit on Tuesday, with technology sector the biggest drag.
FAST MONEY: Whirpool, Radico Khaitan among key buy and sell ideas for today's trade
Thu, Mar 08, 2018
The benchmark indices are expected to open on a flat to positive note on Thursday after Asian shares found relief as fears about a global trade war amid US President Donald Trump’s push to introduce protectionist tariffs were tempered by signs the move could include carve-outs for key partners.
Asian markets regain some ground as trade war fears moderate
Tue, Mar 06, 2018
Asian share regained some ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs, easing investor worries about an imminent trade war.
Asian markets near 2-1/2 week lows amid fears of global trade war
Mon, Mar 05, 2018
Asian shares hovered near 2-1/2 week lows and the safe-haven yen rose on Monday amid fears of a global trade war, while the euro pared gains as investors worried Italy’s national elections could deliver an anti-establishment government.
Cyber attack: Equifax breach could be most costly in corporate history
Fri, Mar 02, 2018
Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history. The projection, which was disclosed on a Friday morning earnings con
Asian markets slip, dollar near 5-week high; Fed chief James Powell revives rate hike fears
Thu, Mar 01, 2018
Fed Chairman Jerome Powell, in his first public appearance as head of the U.S. central bank, vowed on Tuesday to prevent the economy from overheating.
New US Fed chair Jerome Powell wins Wall Street praise despite stock drop
Wed, Feb 28, 2018
Jerome Powell’s prepared testimony and parrying of questions during the roughly three-hour hearing at the House of Representatives Financial Services Committee reassured investors about his ability to steer the Fed.
Sensex up 100 points, Nifty tops 10,600; PNB tanks 7%
Tue, Feb 27, 2018
The benchmark indices opened higher on Tuesday with the Nifty50 reclaiming its crucial 10,600-mark as Asian markets hit a three-week high as US borrowing costs eased ahead of Federal Reserve Chairman Jerome Powell’s highly-anticipated first congressional testimony later in the day.
Asian markets hits three-week high ahead of Jerome Powell's debut as Fed Chief
Tue, Feb 27, 2018
Asian shares extended their recovery on Tuesday, hitting a three-week high as US borrowing costs eased ahead of Federal Reserve Chairman Jerome Powell`s highly-anticipated first congressional testimony later in the day.
Nifty kicks off March series above 10,400; global cues positive
Fri, Feb 23, 2018
The benchmark indices kicked off the March series on a higher note with the Nifty50 reclaiming its crucial 10,400-mark, tracking positive trend seen in Asian markets. However, the broader momentum remained tepid.
Asian markets rebound as US Fed eases rate hike worries
Fri, Feb 23, 2018
Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while the safe-haven yen held on to its gains amid heightened volatility across markets.