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US stock

Wall Street rises as big banks kick off earnings season

Wall Street rises as big banks kick off earnings season

  • Goldman Sachs up as profit jumps on record dealmaking.
  • JPMorgan falls despite profit surging nearly five-fold.
  • Coinbase will list on Nasdaq later in the day.
  • Indexes up: Dow 0.44%, S&P 0.10%, Nasdaq 0.11%.
Published 14 Apr, 2021 08:09pm
US MIDDAY: Gold prices slump
Markets

US MIDDAY: Gold prices slump

NEW YORK: Gold prices fell as much as 1.7% on Tuesday to their lowest in more than a week on stronger US Treasury...
Published 17 Feb, 2021 04:24am
US MIDDAY: Gold moves higher
Markets

US MIDDAY: Gold moves higher

NEW YORK: Gold jumped more than 1% on Monday as expectations of a large US economic stimulus package bolstered...
Published 09 Feb, 2021 04:43am
Wall St opens lower with earnings underway, eyes on Fed
Markets

Wall St opens lower with earnings underway, eyes on Fed

  • The Dow Jones Industrial Average fell 43.3 points, or 0.14%, at the open to 30893.78. The S&P 500 fell 12.8 points, or 0.33%, at the open to 3836.83.
  • Nasdaq Composite dropped 139.5 points, or 1.02%, to 13486.576 at the opening bell.
Updated 27 Jan, 2021 11:31pm
GameStop shares set to jump 50pc in short-squeeze
Markets

GameStop shares set to jump 50pc in short-squeeze

  • Traders believe that the reasons for the jump in the shares are short-sellers quickly buying back into the stock to cover potential losses, defined as a short-squeeze.
  • The trading strategy is high risk in that losses are theoretically unlimited when the stock rises instead of falling.
Published 25 Jan, 2021 06:25pm