Trends - Wall Street - Business Recorder

Markets

US stocks flat as World Bank cuts growth outlook

NEW YORK: Wall Street stocks were essentially flat early Tuesday following a World Bank forecast for anemic global...

Published 10 Jan, 2023 08:03pm

Markets

US stocks extend rally ahead of inflation data

NEW YORK: Wall Street stocks advanced early Monday, extending a positive trend ahead of key inflation data and...

Published 09 Jan, 2023 08:43pm

Markets

Wall St jumps as jobs, services data calm rate hike worries

NEW YORK: Wall Street’s main indexes rallied on Friday as data that showed cooling wages and a contraction in US...

Published 09 Jan, 2023 06:01am

Markets

US stocks fall as solid jobs data stokes Fed angst

NEW YORK: Wall Street stocks retreated early Thursday after better-than-expected US employment data added to worries...

Published 05 Jan, 2023 08:16pm

Markets

European shares clock third day of gains on upbeat economic data

PARIS: European shares closed higher for the third straight session on Wednesday as a lower inflation reading from...

Published 05 Jan, 2023 05:58am

Markets

Wall St subdued as signs of tight labour market fuel rate hike concerns

New YORK: Wall Street’s main indexes were subdued on Wednesday as data showed US job openings fell less than...

Published 05 Jan, 2023 05:58am

Markets

US stocks rise as investors eye growth prospects

NEW YORK: Wall Street stocks picked up Wednesday despite worries about the US economic outlook, as investors await...

Published 04 Jan, 2023 08:20pm

Markets

Wall Street drops as Apple, energy stocks decline

NEW YORK: Wall Street’s main indexes fell on the first trading day of the year following declines in Apple and...

Published 04 Jan, 2023 06:02am

Markets

Wall Street drops as Apple, energy stocks weigh

Wall Street’s main indexes fell on the first trading day of the year following declines in Apple and energy stocks,...

Published 03 Jan, 2023 08:59pm

Markets

Wall St Week Ahead-Stumbling Treasury rally clouds bond market outlook for 2023

NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class...

Published 01 Jan, 2023 09:40pm

Markets

Wall St dragged down by growth stocks on last trading day of torrid year

Wall Street’s main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster...

Published 30 Dec, 2022 08:30pm

Markets

Wall Street goes up as jobless claims data ease rate-hike worries

NEW YORK: Technology and growth stocks lifted Wall Street’s main indexes higher on Thursday after data pointing to...

Published 30 Dec, 2022 05:50am

Markets

European shares close higher as tech stocks lead gains

PARIS: European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer...

Published 30 Dec, 2022 05:50am

Markets

Wall St rises on boost from growth stocks, China reopening

Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped,...

Published 28 Dec, 2022 09:04pm

Markets

Wall St Week Ahead-Investors look for ‘Santa Rally’ after grim year in US stocks

NEW YORK: Bruised investors are hoping a so-called Santa Claus rally can soften the pain of a tough year in US...

Published 25 Dec, 2022 06:44pm

Markets

US stocks slide on earnings reports, interest rate fears

NEW YORK: Wall Street stocks slumped Thursday after gloomy company earnings reports and amid fears that the Federal...

Published 22 Dec, 2022 08:17pm

Markets

Wall Street gains on strong Nike earnings

NEW YORK: Wall Street’s main stock indexes rose on Wednesday after Nike reported upbeat results, while investors...

Published 22 Dec, 2022 07:04am

Opinion

Investors count on bonds to rescue battered 60/40 portfolio in 2023

Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible US recession...

Published 22 Dec, 2022 05:57am

Markets

US stocks lifted by Nike, FedEx results

NEW YORK: Wall Street stocks climbed early Wednesday with both Nike and FedEx rising after earnings reports ahead of...

Published 21 Dec, 2022 08:50pm

Markets

Energy, financial stocks lift Wall St after BOJ policy surprise

NEW YORK: Wall Street’s main indexes edged higher on Tuesday, led by energy and financial stocks, after the Bank ...

Published 21 Dec, 2022 06:05am

Markets

US stocks slump on slowdown fears and market uncertainty

NEW YORK: Wall Street stocks saw a gloomy opening Tuesday with investors nervous about a growth slowdown and...

Published 20 Dec, 2022 08:26pm

Markets

Wall Street falls as recession worries persist

NEW YORK: US stock indexes fell on Monday, led by shares of Tesla and other megapcap companies, as investors feared...

Published 20 Dec, 2022 06:48am

Markets

US stocks sag as growth fears threaten ‘Santa Claus rally’

NEW YORK: Wall Street stocks declined early Monday as markets confront lingering recession worries that threaten the...

Published 19 Dec, 2022 08:30pm

Markets

Wall Street sell-off deepens as recession fears bite

NEW YORK: Wall Street’s main stock indexes extended losses on Friday as fears of a looming recession sparked by ...

Published 19 Dec, 2022 06:00am

Markets

Wall St Week Ahead-US bank stocks falter as recession worries take hold

Shares of U.S. banks are taking a beating in December, as worries over an expected recession and weakening profit...

Published 18 Dec, 2022 08:48pm

Business & Finance

Goldman to cut thousands of staff as Wall Street layoffs intensify

NEW YORK: Goldman Sachs Group Inc is planning to cut thousands of employees to navigate a difficult economic...

Published 17 Dec, 2022 06:57am

Markets

Wall Street falls sharply on angst over hawkish Fed

U.S. stock indexes fell sharply on Thursday, with the Dow on track for its steepest single-day fall in three months,...

Updated 15 Dec, 2022 10:44pm

Markets

US stocks rise ahead of Fed decision

NEW YORK: Wall Street stocks climbed early Wednesday ahead of a Federal Reserve monetary policy announcement that is...

Published 14 Dec, 2022 08:15pm

Markets

US stocks futures rally on inflation data

NEW YORK: US stocks futures rallied early Tuesday after consumer price data showed inflation was still high, but...

Published 13 Dec, 2022 07:30pm

Markets

Wall St rises as focus turns to inflation data, Fed

US stock indexes kicked off an eventful week on a positive note as investors braced for inflation data and the...

Published 12 Dec, 2022 08:59pm