Trends - Wall Street - Business Recorder

Markets

Megacaps’ rally lifts tech-heavy Nasdaq

NEW YORK: Wall Street’s main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and...

Published 19 Mar, 2024 04:53am

Markets

Nasdaq leads Wall St higher ahead of Fed meeting; Nvidia kicks off AI conference

The tech-heavy Nasdaq led gains amongst Wall Street peers on Monday ahead of the U.S. Federal Reserve’s meeting this...

Published 18 Mar, 2024 07:55pm

Markets

Wall Street Week Ahead: Fracturing ‘Magnificent Seven’ trade puts spotlight on megacap valuations

NEW YORK: Diverging fortunes for the massive technology and growth names that have propelled the US stock market...

Published 18 Mar, 2024 04:56am

Markets

Wall St dips as traders assess hot inflation data

NEW YORK: Wall Street’s main indexes slipped on Thursday after hotter-than-expected producer prices data likely...

Published 15 Mar, 2024 04:14am

Markets

Wall St slips as traders assess data; chip stocks slide

Wall Street’s main indexes slipped on Thursday as hotter-than-expected producer prices data likely muddied bets...

Published 14 Mar, 2024 07:58pm

Markets

Tech-heavy Nasdaq comes under pressure as yields rise

Wall Street had a lackluster start on Wednesday, with the tech-laden Nasdaq bearing the brunt as U.S. Treasury...

Published 13 Mar, 2024 08:06pm

Markets

US stocks mixed after surprise rise in consumer inflation

NEW YORK: Wall Street stocks opened mixed Tuesday after fresh data from the Labor Department showed inflation came...

Published 12 Mar, 2024 07:35pm

Markets

Wall St slips as investors brace for inflation data

Wall Street’s main stock indexes dipped on Monday, as investors awaited key inflation data this week that could...

Published 11 Mar, 2024 08:23pm

Markets

Wall Street Week Ahead: Battle for White House comes into sharper focus for Wall Street

NEW YORK: Investors fixated on earnings and monetary policy are starting to factor in another variable that could...

Published 11 Mar, 2024 04:45am

Markets

S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut bets

Expectations bolstered that the Fed could begin cutting interest rates by the middle of this year

Published 08 Mar, 2024 09:45pm

Markets

Japan’s Nikkei rises as tech shares rally, banks gains on BOJ bets

TOKYO: Japan’s Nikkei share average rose on Friday, as technology stocks rallied tracking gains in Wall Street peers...

Published 08 Mar, 2024 10:02am

Markets

US stocks rise amid fresh hopes of easing inflation

NEW YORK: US stocks jumped higher in early trading Thursday, boosted by renewed hopes the international inflationary...

Published 07 Mar, 2024 08:12pm

Markets

US stocks bounce after prior session’s tumble

NEW YORK: Wall Street stocks climbed early Wednesday, bouncing back from the prior session’s drop, as the market...

Published 06 Mar, 2024 08:09pm

Markets

Nasdaq leads Wall St lower as megacaps slide

NEW YORK: Wall Street fell on Tuesday, with weakness in megacap growth stocks such as Apple and Tesla weighing on ...

Published 06 Mar, 2024 04:18am

Markets

US stocks ease off records ahead of Fed chair remarks

NEW YORK: US stocks slipped early Tuesday as Wall Street traders consolidated recent gains and looked ahead to the...

Published 05 Mar, 2024 08:20pm

Markets

Wall St slips after record-breaking rally

NEW YORK: Wall Street’s main indexes lost some steam on Monday after the S&P 500 and the Nasdaq’s...

Published 05 Mar, 2024 03:09am

Markets

US stocks open lower, retreating from records

NEW YORK: Wall Street stocks dipped in early trading Monday at the start of a heavy week of economic news that...

Published 04 Mar, 2024 08:26pm

Markets

Wall Street Week Ahead: US value stocks draw bargain hunters while AI fever rages

NEW YORK: As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more...

Published 04 Mar, 2024 04:15am

Markets

Wall St see-saws after rally on AI boost, inflation relief

U.S. stocks struggled for direction on Friday as investors took a breather after the previous session’s rally,...

Published 01 Mar, 2024 08:19pm

Markets

Japan’s Nikkei ends lower

TOKYO: Japan’s key Nikkei index ended lower on Thursday, tracking falls on Wall Street ahead of the release of key...

Published 01 Mar, 2024 02:59am

Markets

Wall Street mixed in choppy trade

NEW YORK: Wall Street’s main indexes were mixed on Thursday as investors assessed a key inflation reading and...

Published 01 Mar, 2024 02:59am

Markets

Wall St rises after in-line inflation data fuels rate cut hopes

Wall Street’s main indexes rose on Thursday as a key inflation metric came in line with estimates, raising hopes of...

Published 29 Feb, 2024 08:12pm

Markets

Wall St retreats as investors brace for inflation data

NEW YORK: Wall Street’s main indexes slipped on Wednesday ahead of an inflation reading later in the week that...

Published 29 Feb, 2024 04:41am

Markets

US stocks dip after fourth-quarter growth data

NEW YORK: Wall Street stocks retreated early Wednesday following data showing a slight downgrade to fourth-quarter...

Published 28 Feb, 2024 08:20pm

Markets

Wall Street wavers ahead of key inflation data

NEW YORK: Wall Street’s main indexes were mixed on Tuesday as investors awaited a crucial inflation report and...

Published 28 Feb, 2024 06:10am

Markets

US stocks lower after durable goods data

NEW YORK: Wall Street stocks declined early Tuesday following a downbeat report on durable goods orders and mixed...

Published 27 Feb, 2024 08:42pm

Markets

US stocks open narrowly high, adding to records

NEW YORK: Wall Street stocks edged higher early Monday ahead of fresh inflation data and a flurry of other economic...

Published 26 Feb, 2024 08:09pm

Markets

Wall Street Week Ahead: Soaring US stocks could take cues from Fed as earnings wind down

NEW YORK: Strong corporate results have helped fuel the S&P 500’s climb to new highs this year, taking the...

Published 26 Feb, 2024 05:07am

Markets

AI-led rally on Wall Street loses steam, Nvidia pares gains

NEW YORK: Wall Street’s main indexes lost momentum on Friday following a dizzying rally fueled by euphoria around...

Published 24 Feb, 2024 06:42am

Markets

Strong Nvidia results boost US stocks

NEW YORK: Wall Street stocks jumped early Thursday following strong Nvidia results, shrugging off a series of...

Published 22 Feb, 2024 08:14pm