US stock News
Facebook shares slumped 3.7 percent in premarket trading after reports that 50 million of its users` data had been misused by a political consultancy firm ahead of the 2016 U.S. election and Brexit vote.
Walmart, the world`s biggest brick-and-mortar retailer, reported a lower-than-expected profit and posted a sharp drop in online sales growth during the holiday period.
Concerns about rising consumer prices and a bigger US budget deficit sparked a selloff in fixed income markets.
Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world`s biggest economy brightened the outlook for risky assets while the euro held on to previous gains as political concerns in France ebbed.
The Dow hit a fresh record but stock gains on Wall Street slowed Friday as the bump from Donald Trump`s surprise presidential election victory eased.
US stocks rallied on Wednesday in a dramatic turnaround from overnight losses fuelled by the upset victory of Republican Donald Trump as investors poured into sectors that appeared poised to benefit from the policies of a Trump presidency.
US stocks sat out an equity rally that lifted shares in Europe and Asia Friday, with the Nasdaq falling especially hard due to weakness in Apple and other tech names.
US stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded.
Wall Street moved deep into the red on Wednesday, with the S&P 500 hitting its lowest since February 2014 and extending this year`s selloff as oil prices continued to plummet unabated.
US stocks sank more than 2.0 percent early Wednesday, with petroleum stocks diving, joining Asia and Europe in a selloff prompted by sliding oil prices and worries about lower growth.
The 50-share Nifty wiped out its previous day's gain on Friday as it slipped by 73 points, breaking psychological intra-day levels on back of selling pressure in banking, realty, auto, energy, infra and media sectors, even as metal and pharma stocks bucked the trend.
Overseas cues were negative.
World stock markets plunged on Monday, after a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits.
South Korea`s dominant Samsung conglomerate will make its first entry into US stock markets next year with the listing of a biotechnology affiliate, a company official said Friday.
Wall Street stocks dropped Friday after a solid US jobs report for July lifted expectations the Federal Reserve will soon raise interest rates.
The New York Stock Exchange suspended trading in all stocks Wednesday morning due to an apparent technical problem.
CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.
The S&P 500 index closed at a record high on Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15-year high helped by technology stocks.
The Dow stock index topped 18,000 for the first time Tuesday, rising in the opening moments of trade following a strong report on US economic growth.
US stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average.
US stocks closed out their best week since January 2013 on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States.
Loading...