Trends - Wall Street - Business Recorder

Wall Street

Wall Street closes lower, ending 3-day rally ahead of US presidential debate

First US presidential debate due to start at 9 p.m. EDT.
Democratic sweep modestly positive for S&P 500 profits – GS.
Consumer confidence surges in September.
Indexes down: Dow 0.48%, S&P 500 0.48%, Nasdaq 0.29%.

Published 30 Sep, 2020 01:54am

Markets

Tech leads Wall St higher as virus fears rise

US coronavirus cases top 7 million.
Costco Wholesale drops on high COVID-19 costs.
Cruise operators jump after Barclays upgrade.
Indexes up: Dow 0.40%, S&P 0.68%, Nasdaq 1.27%.

Published 25 Sep, 2020 11:53pm

Markets

Tech stocks lift Wall Street even as economic rebound slows

Weekly jobless claims unexpectedly rise to 870,000.
US new-home sales vault to near 14-year high.
Nikola slides after Wedbush downgrade.
Accenture drops, BlackBerry rises on quarterly earnings.

Published 25 Sep, 2020 01:22am

Markets

Tech stocks lift Wall Street as economic rebound slows

Weekly jobless claims unexpectedly rise to 870,000.
Nikola slides after Wedbush downgrade.
Accenture drops, BlackBerry rises on quarterly earnings.
Indexes up: Dow 0.39%, S&P 0.54%, Nasdaq 0.81%.

Published 24 Sep, 2020 11:52pm

Markets

Wall Street retreats as business activity slows

Nike hits record high after stellar quarter.
Energy stocks lead declines.
Tesla tumbles as 'Battery Day' disappoints.
Indexes off: Dow 0.26%, S&P 0.59%, Nasdaq 1.04%.

Published 23 Sep, 2020 11:46pm

Markets

Wall St ends lower on lockdown fears, likely delay of stimulus

Shares of airlines and leisure companies tumble.
Big lenders fall on reports banks moved illicit funds.
Nikola drops sharply as founder resigns; GM shares fall.

Published 22 Sep, 2020 01:34am

Markets

Wall St tumbles to seven-week low on virus fears, stimulus fog

Shares of airline, cruise, hotel and casino companies tumble.
Big lenders fall on reports banks moved illicit funds.
Nikola crashes as founder resigns; GM shares fall.
- Indexes down: Dow 2.92%, S&P 500 2.21%, Nasdaq 1.29%.

Published 21 Sep, 2020 11:43pm

Business & Finance

Wall St falls on virus fears, stimulus uncertainty

The Dow Jones Industrial Average hit a near two-month low shortly after opening 172.71 points, or 0.62pc, lower at 27,484.71.

Published 21 Sep, 2020 07:46pm

Markets

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 17 786 Investments Limited(786)	4.94 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 17 Al-Abbas Sugar Mills Limited(AABS)	292.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 17 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 17 Allied Bank Limited(ABL)	70.00 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 17 Abbott Laboratories (Pakistan) Limited(ABOT)	620.10 ▼ 0.00 (0.00%)
Abson Ind. / Aug 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 17 Alfalah Consumer Index ETF.(ACIETF)	8.37 ▼ 0.00 (0.00%)
Attock Cement / Aug 17 Attock Cement Pakistan Limited(ACPL)	75.16 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 17 786 Investments Limited(786)	4.94 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 17 Al-Abbas Sugar Mills Limited(AABS)	292.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 17 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 17 Allied Bank Limited(ABL)	70.00 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 17 Abbott Laboratories (Pakistan) Limited(ABOT)	620.10 ▼ 0.00 (0.00%)
Abson Ind. / Aug 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 17 Alfalah Consumer Index ETF.(ACIETF)	8.37 ▼ 0.00 (0.00%)
Attock Cement / Aug 17 Attock Cement Pakistan Limited(ACPL)	75.16 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 16	214.40
USD PKR Interbank Buying / Aug 16	213.90
USD to Japanese Yen / Aug 16	134.09
USD to Swiss Franc / Aug 16	0.95
Pound Sterling to USD / Aug 16	1.21
Euro to USD / Aug 16	1.02
UK LIBOR % / Aug 16	2.32

Stock	Volume
S&P 500 / Aug 16	4305.20
India Sensex / Aug 16	59842.21
Tokyo Nikkei / Aug 16	29092.21
Nasdaq / Aug 16	13102.55
Hang Seng / Aug 16	19873.59
FTSE 100 / Aug 16	7536.06
Dow Jones / Aug 16	34152.01
Germany DAX 30 / Aug 16	13910.12
France CAC40 / Aug 16	6592.58

Item	Value
Crude Oil USD/Barrel / Aug 16	86.92
Karachi Cotton PKR/37.32 KG / Aug 16	18735.00
Gold 10 Grams PKR / Aug 16	122300.00
Gold Spot USD/Ounce / Aug 16	1776.12
Cotton US¢/pound / Aug 16	116.30

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