Stocks got hammered, bonds climbed and gold hit a record high, following signs of weakness in the main engine of the US economy and worries that inflation could gain further traction amid a trade war. With just one more session left before the end of a quarter that’s set to be the S&P 500’s worst […]
US stocks bounce back as Powell says economy is fine – CNBC TV18
A roller-coaster week for markets ended on that same note, with stocks whipsawing as traders tried to make sense of a myriad of headlines around the economy, tariffs and geopolitical developments. Just minutes after a slide that drove the S&P 500 down over 1%, the gauge staged an “oversold bounce” as Federal Reserve Chair Jerome […]
US stocks get hit as economic jitters spur bond rally – CNBC TV18
Stocks closed at a five-week low and bonds surged as another disappointing reading on the US consumer fueled concern about the health of the world’s largest economy. Another slide in the Nasdaq 100 pushed its four-day loss to around 5%, the most since early September. A gauge of megacaps extended a plunge from its peak […]
US stocks rocked by late-week swoon in tech giants – CNBC TV18
A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar year. Company Value Change %Change In another session of slim trading volume — which tends to amplify moves — the S&P 500 lost 1.1% and the Nasdaq 100 slipped 1.4%. While every major industry succumbed to Friday’s slide, […]
US stocks mixed as Apple down, Amazon up on earnings – CNBC TV18
Wall Street traders hoping for a clear direction on stocks after Thursday’s selloff didn’t get that in late hours amid a mixed bag of earnings from a pair of tech heavyweights. A roughly $300 billion exchange-traded fund tracking the Nasdaq 100 (QQQ) struggled for direction after the close of regular trading. Apple Inc., the world’s […]
S&P 500 spikes in last 10 minutes of US trading – CNBC TV18
Stocks climbed in the final stretch of a wild August, with traders bracing for what’s historically known as the worst month for equities. For all the whiplash in global markets just a few weeks ago, the S&P 500 closed within a whisker of its all-time highs. Equities spiked in the last 10 minutes of Wall […]