Wall Street ends high with positive earnings, Netflix to gain momentum with customer growth in third quarter

July 21, 2022 4:45 PM

Wall Street ends high with positive earnings, Netflix to gain momentum with customer growth in third quarter

On Wall Street, key indices ended slightly high yesterday with the tech-heavy Nasdaq booking a 1.6 percent gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed. So, the Dow Jones Industrial Average gained 48 points, or 0.2 percent, to end at 31,875. The S&P 500 moved up 23 points, or 0.6 percent, to close at 3,960. And the Nasdaq Composite climbed 185 points, or 1.6 percent, to 11,898. Netflix shares shot up 7.4 percent after the company ...

Wall Street ends higher as signs of de-escalating tensions along Russia-Ukraine border sparked risk-on session

February 17, 2022 6:29 PM

Wall Street ends higher as signs of de-escalating tensions along Russia-Ukraine border sparked risk-on session

Wall Street ended sharply higher yesterday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session. All three major US equity indexes witnessed robust gains. Tech and tech-adjacent stocks provided the biggest boost and pushed the Nasdaq Composite Index 2.5 percent up. The Dow Jones Industrial Average climbed 1.2 percent and the S&P 500 surged 1.6 percent.     

US stock indexes jump snapping longest weekly losing streak

September 29, 2020 7:09 PM

US stock indexes jump snapping longest weekly losing streak

Wall Street gained more than one and half percent yesterday as investors sought bargains among sectors hardest-hit by the coronavirus recession, now limping toward its ninth month. All three major U.S. stock indexes jumped snapping the longest weekly losing streak. The Dow Jones Industrial Average gained 1.5 a percent, the S&P 500 climbed 1.6 percent while the Nasdaq Composite index surged 1.9 percent.

S&P500, Dow Jones suffer biggest one-day percentage losses in two years on fears of coronavirus

February 25, 2020 2:00 PM

S&P500, Dow Jones suffer biggest one-day percentage losses in two years on fears of coronavirus

On Wall Street, yesterday, the S&P 500 and the Dow Jones Industrial Average suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic. The S&P and the blue-chip Dow turned negative for the year to date and the Dow dropped more than 1,000 points on the day for only the third time in its history. The Nasdaq plummeted 3.7 percent, the biggest daily percentage ...