Stock market today: Wall Street bounces ahead of jobs report
Business | May 05, 2023 19:04 ISTThe US government will report April employment numbers that are expected to show a slowdown in job growth.
The US government will report April employment numbers that are expected to show a slowdown in job growth.
Futures for the Dow Jones Industrial Average wavered between small losses and gains, while futures for the S&P slipped 0.6%. The tech-heavy Nasdaq portended another tough day for technology companies, losing 1.1% before the bell and on track for a weekly decline.
The Dow Jones Industrial Average lost 2.4% while the Nasdaq composite sank 4.1%.
Wall Street News, US Stock Market Crash: The higher rate of inflation has worried investors that the Federal Reserve may aggressively hike key rates. The Fed will announce its policy decision on Wednesday.
Target Corporation, a component of the S&P 500 Index, plunged 24.93%, crashing the most since 1987's Black Monday.
All three main Wall Street benchmarks -- Dow Jones, Nasdaq and S& 500, surrendered gains made during a relief rally on Wednesday.
In a first, water is officially joining gold, oil and other commodities that are traded on Wall Street.
The US stock markets have opened marginally higher after their worst day since 1987 on Monday. Dow has opened 300 points up while S&P 500 has opened above 2,400. There is still considerable volatility in the market with coronavirus threat looming large across the world.
Shares have plunged in Asia, with Japan’s benchmark sinking 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the meltdown in the U.S., the world’s biggest economy, batters confidence around the globe.
The Dow Jones Industrial Average surged 1,167.14 points, or 4.89 per cent, to 25,018.16. The S&P 500 climbed 135.67 points, or 4.94 per cent, to 2,882.23. The Nasdaq Composite Index rose 393.58 points, or 4.95 per cent, to 8,344.25, Xinhua reported.
An Indian-origin futures trader, who was extradited to the US after being arrested in the UK for his alleged role in the 2010 Wall Street "flash crash" has pleaded guilty in a court here.
Mumbai: Equities jumped for a second day as the market benchmark Sensex climbed by 267.35 points to a one-week high of 23,649.22 on across-the-board buying led by IT and healthcare stocks, in line with a
California: Facebook Inc. on Wednesday reported fourth-quarter earnings of $1.56 billion.The Menlo Park, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per
New Delhi: In a major report, The Wall Street Journal said Walmart's “suspected bribery” unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate
Just when it looked as if the bleeding had stopped, it started up again. A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down
Tehran: Iran's envoy to the UN nuclear watchdog agency says Tehran is not surprised by reports that a cyber-espionage campaign targeted hotels that hosted nuclear talks between Iran and world powers.Reza Najafi told Iran's state
Dumping social media stocks that show any sign of weakness is trending on Wall Street.Shares of LinkedIn Corp. plunged 21 per cent in after-hours trading Thursday after the professional networking service gave a disappointing outlook
New York: Stocks are mostly lower on Wall Street in early trading as retailers report poor results.Aeropostale, Francesca's Holdings and The Wet Seal fell early Thursday after reporting lower income or issuing earnings forecasts that
Washington: Indian-American Kshama Sawant has been elected to the prestigious Seattle City Council, making her the first socialist to be voted to an elected office, 97 years after the city sent their first outspoken radical
New York: U.S. stock market indexes briefly broke through major round-number milestones in early trading Monday. The Dow Jones industrial average crossed 16,000 for the first time and the Standard & Poor's 500 index rose
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