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Wall Street

Tech sell-off weighs on Wall St as jobless claims remain high

Weekly jobless claims stuck at high levels.
Fed vows to keep rates low until 2023.
Technology stocks sell off, big US banks fall.
Indexes down: Dow 0.62%, S&P 0.84%, Nasdaq 1.17%.

Published 17 Sep, 2020 07:58pm

Markets

Wall Street climbs as Fed meeting kicks off

Apple rises ahead of virtual product launch.
Tesla gains for fifth straight session.
Carnival Corp falls after warning of $3 bln quarterly loss.
Indexes up: Dow 0.45%, S&P 0.91%, Nasdaq 1.53%.

Published 15 Sep, 2020 08:33pm

Markets

Wall Street climbs as tech rallies for a second day

Weekly jobless claims stuck at higher levels.
Rebound continues for Apple, Tesla shares.
Indexes up: Dow 0.68%, S&P 0.74%, Nasdaq 1.32%.

Published 10 Sep, 2020 08:21pm

Markets

Slump in Tesla, Apple hits Wall St as tech rout deepens

Tesla tumbles after not being included in S&P 500.
GM jumps after taking stake in electric-truck maker Nikola.
Sell-off in FAANG stocks resumes.
Fears over US sanctions on SMIC pressure chip stocks.
Indexes off: Dow 1.96%, S&P 2.36%, Nasdaq 3.35%.

Published 08 Sep, 2020 07:33pm

Business & Finance

2016 all over again? Investors ready for big market moves as U.S. election nears

The Cboe Volatility Index has climbed over the last two weeks, first as investors chased further upside in U.S. stocks through call options and then as they sought protection against a tumble in indexes at record highs.

Published 05 Sep, 2020 10:55am

Business & Finance

US stocks fall again with tech shares tumbling

Near 1620 GMT, the tech-rich Nasdaq Composite Index was down 2.3 percent at 11,195.71, adding to the losses from Thursday's 5.0 percent rout.

Published 05 Sep, 2020 02:25am

Markets

Wall Street sinks as tech sell-off resumes

August nonfarm payrolls rise by 1.37mn.
Stay-at-home stocks lose ground again.
Shares of big US lenders advance.
Indexes down: Dow 0.44%, S&P 1.28%, Nasdaq 2.79%.

Published 04 Sep, 2020 08:05pm

Markets

Wall St tumbles as tech rally loses steam, economic data weighs

Weekly jobless claims slip below 1mn.
Tesla drops for the third straight day.
Apple set to erase most of this week's gains.
Indexes down: Dow 0.43%, S&P 1.09%, Nasdaq 2.29%.

Published 03 Sep, 2020 07:56pm

Markets

Wall Street closes higher with defensive bets out front

The indexes gained steam in afternoon trading and hit session highs in the final half hour.

Published 03 Sep, 2020 02:22am

Markets

Wall Street advances as US factory activity hits 19-month high

Apple rises on reports of 75 mln 5G iPhones orders.
Zoom surges after raising annual revenue forecast.
Walmart advances after unveiling membership plan details.
Indexes up: Dow 0.01%, S&P 0.19%, Nasdaq 0.84%.

Published 01 Sep, 2020 08:05pm

Business & Finance

Dow ends with best August since 1984, Nasdaq at record

Federal Reserve Vice Chair Richard Clarida on Monday described as "critical" a shift in the US central bank's monetary policy to allow higher inflation to maximize employment.

Published 01 Sep, 2020 02:05am

Business & Finance

Walmart wants to go viral with TikTok, Wall Street thinks it can

The retailer revealed plans to join Microsoft Corp in a bid for the social media firm's US assets.
Connecting with a younger audience is vital to Walmart's long-term outlook, especially as more digitally native generations move into their prime consumption years.

Published 28 Aug, 2020 08:13pm

Markets

Gravity-defying global stock markets to end 2020 below pre-COVID highs

Share prices have surged as much as 57% since hitting a bottom in late March, as traders and investors quickly switched their focus from what is sure to be the deepest economic recession on record to how swiftly the world may recover.

Published 27 Aug, 2020 10:12am

Markets

Tepid start for Wall Street stocks after record day

The benchmark Dow Jones Industrial Average was nearly flat at 28,305.18.

Published 25 Aug, 2020 08:37pm

Business & Finance

Wall Street Week Ahead: No elk or trout, but Fed's virtual retreat may stoke market's 'animal spirits'

Powell will discuss the Fed’s monetary policy framework review - a review it has been undertaking for nearly two years into how it conducts monetary policy - on the opening day of the Kansas City Fed’s annual symposium on Thursday.

Published 22 Aug, 2020 10:25am

Markets

Wall Street slips as jobless claims climb back to 1 million

Weekly jobless claims back over 1 million.
Nvidia dips as data center business results disappoint.
L Brands rises after posting a surprise profit.
Intel jumps after announcing $10-bln share buyback plan.
Indexes: Dow falls 0.28%, S&P down 0.11%, Nasdaq up 0.34%.

Published 20 Aug, 2020 07:23pm

Markets

Wall St set to extend slide as jobless claims top 1 million again

Weekly jobless claims back over 1 million.
Nvidia dips as data center business results disappoint.
L Brands rises after posting a surprise profit.
Intel jumps after announcing $10-bln share buyback plan.
Futures down: Dow 0.38%, S&P 0.39%, Nasdaq 0.21%.

Published 20 Aug, 2020 06:50pm

Markets

Wall Street ends lower after Fed minutes highlight difficult economic recovery

S&P 500 touches record high for second consecutive session.
Nasdaq hits record high for third straight day.
Fed strikes cautious tone in minutes.

Published 20 Aug, 2020 01:14am

Business & Finance

Wall Street kicks off big retail earnings week on high note

The Dow Jones Industrial Average rose 39.03 points, or 0.14%, at the open to 27,970.05.

Published 17 Aug, 2020 09:23pm

Markets

Wall Street Week Ahead: Biden victory? Disputed election? Wall Street prices in November outcomes

Though elections have loomed large on investors’ radar this year, their influence on markets has taken a backseat to the coronavirus pandemic and unprecedented stimulus from U.S. policymakers.

Published 15 Aug, 2020 09:59am

Markets

Wall Street ends mixed as new aid deal remains elusive

- Nasdaq was down 0.4 percent to 10,968.36, but the Dow Jones Industrial Average gained 1.3 percent to end at 27,791.44.

Published 11 Aug, 2020 04:22am

Markets

Dow jumps, Nasdaq falls as Trump acts in absence of aid deal

Democratic House Speaker Nancy Pelosi met several times last week with Treasury Secretary Steven Mnuchin to try to reach a compromise deal on a new aid package.

Published 10 Aug, 2020 07:54pm

Markets

Wall St Week Ahead-Bargain-hunters look to US real estate stocks as S&P nears records

Yet investors say stocks in the sector could jump if a coronavirus vaccine loosens the pandemic's hold on the US economy.
You're going to find more attractive spots in the REIT space than you will in some areas of the market like technology.

Published 08 Aug, 2020 02:22am

Markets

Slowing job growth weighs on Wall St as focus turns to stimulus

US economy added 1.76 mln jobs in July – report.
Congress to continue talks on coronavirus relief bill.
Trump moves to ban WeChat, TikTok, amps up friction with Beijing.
Indexes off: Dow 0.34%, S&P 0.34%, Nasdaq 1.16%.

Published 07 Aug, 2020 11:33pm

Markets

Wall St ends higher as investors eye stimulus

Apple approaches $2 trillion market capitalization.
Top Senate Democrat says relief talks progressing.
AIG, Ralph Lauren slide after results disappoint.

Published 05 Aug, 2020 01:39am

Markets

Wall St opens lower on tough stimulus talks, mixed earnings

The Dow Jones Industrial Average fell 55.32 points, or 0.21pc, at the open to 26,529.45.

Published 28 Jul, 2020 08:32pm

Markets

Wall Street rises as investors watch stimulus, pandemic and earnings

Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet Inc, all due to report earnings this week, were among the top boosters of the S&P 500.
The biggest gainers the S&P's 11 major sectors were technology and materials. Financials , utilities and energy lagged.

Updated 28 Jul, 2020 01:06am

Markets

Wall Street Week Ahead: Investors hedging, worry about exuberance, as U.S. risks rise

As a U.S. equity rally stalled this week, investors poured a net $24.5 billion into bonds, the third largest weekly inflows ever recorded, while pulling $3.8 billion out of stocks, according to BoFA Global Research.

Published 25 Jul, 2020 10:05am

Markets

Wall Street closes lower as Intel dives, earnings and pandemic weigh

As Intel plunges, rival AMD rises.
Drugmakers fall ahead of Trump's pricing order.
Honeywell, American Express dip after earnings reports.
Indexes down: Dow 0.68%, S&P 0.62%, Nasdaq 0.94%.

Updated 25 Jul, 2020 02:52am

Markets

Wall Street closes sharply lower on tech selloff

The sell-off steepened after a tech watchdog group reported that Apple Inc faces consumer protection investigations in multiple states.

Published 24 Jul, 2020 12:16pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 7 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 7 Al-Abbas Sugar Mills Limited(AABS)	280.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 7 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 7 Allied Bank Limited(ABL)	68.11 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 7 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 7 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 7 Attock Cement Pakistan Limited(ACPL)	67.98 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 7 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 7 Al-Abbas Sugar Mills Limited(AABS)	280.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 7 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 7 Allied Bank Limited(ABL)	68.11 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 7 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 7 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 7 Attock Cement Pakistan Limited(ACPL)	67.98 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	206.90
USD PKR Interbank Buying / Jul 5	206.70
USD to Japanese Yen / Jul 5	135.24
USD to Swiss Franc / Jul 5	0.97
Pound Sterling to USD / Jul 5	1.20
Euro to USD / Jul 5	1.03
UK LIBOR % / Jul 5	1.57

Stock	Volume
S&P 500 / Jul 5	3831.39
India Sensex / Jul 5	53134.35
Tokyo Nikkei / Jul 5	26077.04
Nasdaq / Jul 5	11322.24
Hang Seng / Jul 5	21621.01
FTSE 100 / Jul 5	7025.47
Dow Jones / Jul 5	30967.82
Germany DAX 30 / Jul 5	12401.20
France CAC40 / Jul 5	5794.96

Item	Value
Crude Oil USD/Barrel / Jul 5	100.33
Karachi Cotton PKR/37.32 KG / Jul 5	16680.00
Gold 10 Grams PKR / Jul 5	118800.00
Gold Spot USD/Ounce / Jul 5	1770.30
Cotton US¢/pound / Jul 5	93.42

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