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Wall Street

Wall Street climbs as Fed meeting kicks off
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
Slump in Tesla, Apple hits Wall St as tech rout deepens
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
Wall Street slips as jobless claims climb back to 1 million
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