Trends - Wall Street - Business Recorder

Markets

US stocks rise as markets gird for govt jobs report

NEW YORK: Wall Street stocks picked up on Thursday as traders await official jobs data that is set to inform the US...

Published 09 Mar, 2023 08:05pm

Markets

Wall St subdued ahead of another Powell testimony, jobs data

U.S. stock indexes struggled for direction on Wednesday as investors worried about a potential recession, a day...

Published 08 Mar, 2023 08:02pm

Markets

Investors revive inflation trades as 6% Fed rate risk grips Wall Street

NEW YORK: Spooked by a flurry of hotter-than-expected U.S. economic and inflation data last month, investors are...

Published 07 Mar, 2023 09:06pm

Markets

Wall Street slides as Powell’s comments stoke rate-hike fears

U.S. stock indexes fell on Tuesday as Federal Reserve Chair Jerome Powell’s testimony before Congress hinted at a...

Updated 07 Mar, 2023 09:01pm

Markets

US stocks rise ahead of Fed testimony, jobs data

NEW YORK: Wall Street stocks advanced early Monday, extending a rally ahead of key jobs data and congressional...

Published 06 Mar, 2023 08:17pm

Markets

Wall Street climbs as yields pull back

U.S. stocks rose on Friday as Treasury yields took a breather from a week-long rally that was sparked by worries...

Published 03 Mar, 2023 08:01pm

Markets

US stocks mostly fall on central bank policy worries

NEW YORK: Wall Street stocks mostly fell Thursday following economic data that boosted expectations for more...

Published 02 Mar, 2023 08:38pm

Markets

Tokyo shares close higher on positive China data

TOKYO: Tokyo shares recovered from earlier losses Wednesday and ended higher, with the market supported by China’s...

Published 02 Mar, 2023 06:23am

Markets

US stocks flat as market eyes bond yields

NEW YORK: Wall Street stocks were little changed early Wednesday as Treasury bond yields pushed higher and retailers...

Published 01 Mar, 2023 08:21pm

Markets

US stocks slip amid lingering interest rate worries

NEW YORK: Wall Street stocks edged down Tuesday after a positive start to the week, as traders weigh lingering...

Published 28 Feb, 2023 08:22pm

Markets

Wall Street edges higher after last week’s rout

NEW YORK: US stocks rose on Monday as investors hunted for bargains after the main benchmarks logged their biggest...

Published 28 Feb, 2023 07:17am

Markets

US stocks rise after last week’s losses

NEW YORK: Wall Street stocks rose Monday following losses last week as hot inflation data worsened worries over the...

Published 27 Feb, 2023 08:03pm

Markets

US-listed China shares feel the heat as report fans Sino-US tensions

Shares of Chinese companies listed in the United States fell in early trading on Friday as reports that Washington...

Published 24 Feb, 2023 08:51pm

Markets

Wall St falls as rate worries outweigh Nvidia cheer

NEW YORK: US stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal...

Published 24 Feb, 2023 06:00am

Markets

Nvidia-led surge in chip stocks lifts Wall Street out of Fed blues

U.S. stock indexes climbed on Thursday as a strong sales forecast from Nvidia boosted chipmakers and outweighed...

Published 23 Feb, 2023 09:09pm

Markets

Wall St slightly higher as investors focus on Fed minutes

NEW YORK: Wall Street’s main indexes edged higher in choppy trading on Wednesday, a day after their worst...

Published 23 Feb, 2023 05:52am

Markets

China, HK stocks lower as Ukraine woes, rate hike fears weigh

HONG KONG: China and Hong Kong stocks finished lower on Wednesday, as geopolitical tensions ahead of the first...

Published 23 Feb, 2023 05:52am

Markets

Wall St inches higher as investors focus on Fed minutes

Wall Street’s main indexes edged up on Wednesday, a day after their worst performance of the year, as investors...

Published 22 Feb, 2023 08:28pm

Markets

Wall Street tumbles as rising yields pressure growth stocks

NEW YORK: Wall Street’s main stock indexes fell on Tuesday, dragged down by megacap names, after data showing a...

Published 22 Feb, 2023 03:30am

Markets

Wall St tumbles as Walmart, Home Depot forecasts disappoint

Wall Street’s main stock indexes fell more than 1% on Tuesday as gloomy forecasts from retailers Home Depot and...

Published 21 Feb, 2023 08:37pm

Business & Finance

US firms face more pain as likely ‘earnings recession’ looms

NEW YORK: US companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor...

Published 20 Feb, 2023 06:26am

Markets

Wall St Week Ahead-Retailers’ results may be next test for rally in US stocks

NEW YORK: Earnings results from major retailers in the coming weeks will test the strength of the US stock market...

Published 19 Feb, 2023 07:04pm

Markets

Wall St edges lower as fears of Fed staying hawkish grow

U.S. stock indexes slipped on Friday on weakness in megcap and energy stocks as investors worried that stubborn...

Published 17 Feb, 2023 10:05pm

Markets

Wall St slips as economic data fuel rate hike worries

NEW YORK: US main stock indexes slipped on Thursday after unexpectedly strong inflation data and a fall in weekly...

Published 17 Feb, 2023 06:53am

Markets

Wall St slides as inflation, jobless claims data fuel rate-hike angst

U.S. main stock indexes fell more than 1% on Thursday after stronger-than-expected inflation data and a fall in...

Published 16 Feb, 2023 09:46pm

Markets

US stocks drop after wholesale inflation data

NEW YORK: Wall Street stocks fell early Thursday after wholesale price inflation rose more than expected, adding to...

Published 16 Feb, 2023 08:43pm

Markets

Wall St slips as strong retail sales data fuels rate worries

Wall Street’s main stock indexes fell on Wednesday after stronger-than-expected retail sales data offered more...

Published 15 Feb, 2023 09:06pm

Markets

US stocks dip as market weighs strong retail sales data

NEW YORK: Wall Street stocks fell early Wednesday as the market grappled with the implications of an exceptionally...

Published 15 Feb, 2023 08:46pm

Markets

Wall St slides as inflation data, policymakers stoke rate worries

NEW YORK: Wall Street’s main indexes slid on Tuesday after data showed consumer prices accelerated in January,...

Published 15 Feb, 2023 06:27am

Markets

US stocks dip after latest inflation data

NEW YORK: Wall Street stocks retreated early Tuesday following a US consumer price report that showed only limited...

Published 14 Feb, 2023 07:52pm