Trends - Wall Street - Business Recorder

Wall Street

Pre-Fed jitters keep S&P 500, Nasdaq below record highs

US shares of Chinese tutoring firms drop.
Oracle falls as profit forecast disappoints.
Indexes: Dow off 0.13%, S&P flat, Nasdaq up 0.29%.

Published 16 Jun, 2021 07:59pm

Markets

S&P 500 dips from record closing high as focus shifts to Fed meet

Lordstown slumps after CEO, CFO resign.
Tech-heavy Nasdaq outperforms S&P 500, Dow.
Indexes: Dow drops 0.55%, S&P down 0.20%, Nasdaq up 0.30%.

Updated 14 Jun, 2021 08:48pm

Markets

Stocks mark time looking ahead to Fed meet

Europe's main indices nudged higher, after Tokyo rose in thin Asian trading owing to regional public holidays.

Published 14 Jun, 2021 07:18pm

Markets

US stocks open week mostly lower

The tech-rich Nasdaq Composite Index added 0.1 percent at 14,080.75.

Updated 14 Jun, 2021 07:35pm

Markets

Stocks climb looking ahead to Fed meet

London investors brushed off the expected announcement Monday from the UK government that it will delay the lifting of its remaining lockdown restrictions.

Published 14 Jun, 2021 03:44pm

Markets

Friday's midday trade: Wall Street flat with Fed meet in focus

NEW YORK: US stock indexes were flat on Friday as focus turned to next week's Federal Reserve meeting, while...

Published 12 Jun, 2021 05:04am

Markets

UK blue chips end higher as telecoms group BT surges on stake buy

The European Central Bank also pledged to keep monetary policy loose despite lifting its growth and inflation projections for the euro zone.

Updated 10 Jun, 2021 10:45pm

Markets

S&P 500 hits record high as Wall Street brushes off higher inflation data

Meme stocks flit between gains and losses.
Boeing gains on possible UAL order.
Indexes up: Dow 0.67%, S&P 0.65%, Nasdaq 0.79%.

Published 10 Jun, 2021 08:23pm

Markets

'Meme' stocks gyrate as Wall Street opens little changed

The broad-based S&P 500 gained 0.1 percent to 4,232.71, while the tech-rich Nasdaq Composite Index advanced 0.4 percent to 13,978.96.

Published 09 Jun, 2021 06:50pm

Markets

Stocks drift awaiting key events

Wall Street opened mixed, with the Dow moving marginally lower.

Published 08 Jun, 2021 07:02pm

Markets

Wall Street flat; tech shares shrug off G7 tax deal

QTS Realty surges on reports of deal with Blackstone.
Biogen gains ahead of FDA decision on Alzheimer's drug.
"Meme stocks" extend rally led by retail participation.
Indexes down: Dow flat, S&P and Nasdaq dip 0.13%.

Published 07 Jun, 2021 08:46pm

Markets

US stocks start week flat, S&P nears record

The tech-rich Nasdaq Composite Index also was down 0.1 percent at 13,802.76.

Updated 07 Jun, 2021 08:23pm

Markets

Wall St rises as jobs report calms inflation worries

Ackman's Pershing Square in talks to buy 10% of Universal Music.
AMC drops as retail rally fizzes out.
Indexes up: Dow 0.25%, S&P 0.59%, Nasdaq 1.06%.

Published 04 Jun, 2021 08:37pm

Markets

European stocks pare losses as upbeat data lifts mood

The pan-European STOXX 600 index was down 0.1pc after falling as much as 0.8pc earlier in the session.

Published 04 Jun, 2021 12:42am

Markets

AMC stock drops 33pc as movie chain sets another share sale

AMC's shares traded 33.4% lower on Thursday at $41.10 after the company said it agreed to sell up to 11.55 million of its shares from time to time in an at-the-market program. A wave of buying from retail investors had helped AMC's share price nearly double to a record close of $62.55 in the prior session.

Published 03 Jun, 2021 08:55pm

Markets

Dow, S&P 500 rise on optimism about economic recovery

US manufacturing sector picks up in May – ISM.
Meme stocks extend gains; AMC Entertainment shares jump.
Data analytics firm Cloudera soars on plans to go private.
Indexes: Dow up 0.34%, S&P rises 0.10%, Nasdaq off 0.19%.

Published 01 Jun, 2021 08:46pm

Markets

Wall Street shrugs off inflation jump to move higher

The Dow Jones Industrial Average rose 120.79 points, or 0.35pc, to 34,585.43, the S&P 500 gained 13.23 points, or 0.31pc, at 4,214.11 and the Nasdaq Composite added 61.48 points, or 0.45pc, at 13,797.76.

Published 29 May, 2021 12:46am

Markets

U.S. yields fall on month-end impact; investors shrug off inflation rise

Barclays estimates that its duration index extends out 0.13 years, versus the long run average of 0.09 years, according to Rupert, which means asset managers need to buy Treasuries to hit that index.

Published 28 May, 2021 10:12pm

Markets

S&P 500, Dow inch higher as weekly jobless claims dip

Best Buy rises after raising comp sales forecast.
Boeing climbs after rival Airbus' strong forecast.
Indexes: Dow up 0.76%, S&P rises 0.35%, Nasdaq dips 0.10%.

Published 27 May, 2021 08:25pm

Markets

European stocks dip tracking inflation fallout

Asia's main stock markets had closed with gains ahead of the open on Wall Street, while the dollar was mostly higher.

Published 26 May, 2021 05:43pm

Markets

Frankfurt stocks hit record peak, euro jumps as outlook brightens

Frankfurt's DAX 30 index soared to an all-time peak at 15,568.60 points, before trimming gains in early afternoon deals.

Published 25 May, 2021 05:58pm

Markets

Asian markets mostly down as inflation trumps recovery optimism

Wall Street provided a tepid lead at the end of last week, though European equities were given a boost by upbeat eurozone economic data.

Published 24 May, 2021 08:35am

Markets

Wall Street falls for third day on inflation jitters ahead of Fed minutes

Crypto-related stocks take a hit as digital coins tumble.
US 10-year Treasury yield firms ahead of Fed minutes.
Indexes down: Dow 1.45%, S&P 1.50%, Nasdaq 1.64%.

Published 19 May, 2021 07:36pm

Markets

Wall Street lower

NEW YORK: Wall Street ended lower on Monday, weighed down by tech shares as signs of growing inflation worried...

Published 19 May, 2021 06:00am

Markets

S&P 500, Dow slip as telecom stocks eclipse upbeat results from retailers

Tesla slips as Michael Burry reveals short position.
Macy's jumps after raising earnings, sales forecasts.
Indexes: Dow down 0.2%, S&P falls 0.04 %, Nasdaq up 0.50%.

Published 18 May, 2021 08:46pm

Markets

Wall Street week ahead: Retailers set for earnings stage after turbulence

NEW YORK: Earnings reports from major retailers will be in focus next week after the US stock market suffered one of...

Published 17 May, 2021 06:14am

Markets

Japanese shares surge

TOKYO: Japanese shares gained on Monday, as a strong finish last week on Wall Street boosted risk appetite, while...

Published 11 May, 2021 04:39am

Markets

Asian stocks mixed after US jobs miss, oil up after cyber attack

Treasury Secretary said the data "underscores the long-haul climb back to recovery" but added that she was still confident the country would return to full employment next year.

Published 10 May, 2021 04:29pm

Markets

Futures flat after jobless claims data; drugmakers extend fall

Weekly jobless claims fall more than expected.
Pharma slides as Biden backs COVID-19 vaccine IP waiver.
ViacomCBS rises on beating quarterly revenue estimates.
Futures: Dow up 0.12%, S&P and Nasdaq flat.

Published 06 May, 2021 06:59pm

Markets

Wall Street rises as megacap stocks bounce; Dow hits record high

Energy and materials continued this week's momentum, leading gains among S&P 500 sectors, with a jump of 2.4pc and 1.1pc, respectively.

Published 05 May, 2021 11:45pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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