Trends - Wall Street - Business Recorder

Opinion

Goldman Sachs’ consumer pivot solves one question, but makeover raises more

Goldman Sachs Group Inc’s strategy pivot has solved one problem for investors who didn’t love its foray into...

Published 20 Oct, 2022 05:36am

Markets

Wall St struggles to gain as soaring Treasury yields hurt earnings confidence

Wall Street’s main indexes struggled for direction on Wednesday as a surge in Treasury yields to 14-year highs on...

Published 19 Oct, 2022 08:43pm

Markets

US stocks rally again after Goldman results

NEW YORK: Wall Street stocks advanced for a second straight session early Tuesday following solid corporate results...

Published 18 Oct, 2022 07:22pm

Markets

US stocks rally at start of heavy earnings week

NEW YORK: Wall Street stocks jumped early Monday after British officials dropped more controversial tax cut...

Published 17 Oct, 2022 08:07pm

Markets

Wall Street drops as consumer data stokes inflation worry

NEW YORK: US stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal...

Published 17 Oct, 2022 05:57am

Markets

Wall St slides as earning season starts with profit drop for big banks

U.S. stocks fell on Friday as the earning season started with a drop in profit for big banks, with the main indexes...

Published 14 Oct, 2022 08:08pm

Markets

US stocks tumble after disappointing inflation data

NEW YORK: Wall Street stocks sank early Thursday as another disappointing consumer inflation report set the stage...

Published 13 Oct, 2022 07:44pm

Markets

S&P 500, Nasdaq fall on fears of profit hit from inflation, rate hikes

NEW YORK: The S&P 500 and the Nasdaq fell on Tuesday in the run-up to a key inflation reading and the start of...

Published 12 Oct, 2022 05:46am

Markets

Nasdaq falls as US export controls on China weigh on chip stocks

NEW YORK: The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China’s...

Published 11 Oct, 2022 07:21am

Markets

US stocks mixed ahead of earnings, inflation data

NEW YORK: Wall Street stocks were mixed early Monday to kick off a heavy news week that includes major economic and...

Published 10 Oct, 2022 07:19pm

Markets

Wall Street slips as jobs growth boosts rate hike bets

Wall Street slid on Friday as solid job growth and a drop in the unemployment rate last month gave more room for the...

Published 07 Oct, 2022 08:06pm

Markets

Wall Street drops on inflation, rate hike worries

NEW YORK: Wall Street’s main indexes fell on Thursday on worries about persistent inflation and the Federal...

Published 07 Oct, 2022 05:59am

Markets

Wall St slides as rising Treasury yields snuff out stock rally

NEW YORK: Wall Street fell on Wednesday as a two-day rally in US stocks was cut short by rising Treasury yields ...

Published 06 Oct, 2022 05:59am

Markets

Wall St slides as rising Treasury yields snuff out stock rally

Wall Street fell on Wednesday as a two-day rally in U.S. stocks was cut short by rising Treasury yields after data...

Published 05 Oct, 2022 10:40pm

Markets

US stocks pull back as market eyes OPEC decision

NEW YORK: Wall Street stocks retreated early Wednesday following two strong sessions as markets digested solid US...

Published 05 Oct, 2022 07:32pm

Markets

Wall Street jumps over 1pc to start Q4

NEW YORK: US stock indexes rose on Monday after sharp declines last week although losses in Tesla Inc capped the...

Published 04 Oct, 2022 05:55am

Markets

Wall Street opens higher after terrible September

NEW YORK: US shares gained ground at the open Monday following another dismal week to end September, but analysts...

Published 03 Oct, 2022 07:24pm

Markets

Nasdaq rises with growth stocks, rate hike worries linger

The Nasdaq rose on Friday as growth stocks ticked higher on lower Treasury yields, even though resilient core...

Published 30 Sep, 2022 08:28pm

Markets

US stocks resume retreat as bond yields rise

NEW YORK: Wall Street stocks were back in the red early Thursday after the previous day’s reprieve amid volatility...

Published 29 Sep, 2022 07:32pm

Markets

Japan’s Nikkei ends at near 3-month low on global recession fears

TOKYO: Japan’s Nikkei share average ended at a near three-month low on Wednesday, amid worsening recession fears...

Published 29 Sep, 2022 05:54am

Markets

Wall Street bounces back as Treasury yields dip

NEW YORK: Wall Street rebounded strongly on Wednesday following its recent sell-off, helped by easing Treasury...

Published 29 Sep, 2022 05:54am

Markets

US stocks advance after BoE moves soothe fears

NEW YORK: Wall Street stocks rose early Wednesday after the Bank of England’s surprise intervention in the British...

Published 28 Sep, 2022 07:12pm

Markets

Wall Street deep in bear market as S&P 500 hits new two-year low

NEW YORK: Wall Street’s main indexes sank deeper into a bear market on Tuesday as an early rally in stocks ...

Published 28 Sep, 2022 05:51am

Business & Finance

Dollar pauses for breath as fragile pound edges up

NEW YORK/LONDON: The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as ...

Published 28 Sep, 2022 05:51am

Markets

S&P 500 sinks to two-year low as bear market deepens

Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 hitting a two-year intraday low as...

Published 28 Sep, 2022 12:30am

Markets

Beaten-down US stocks open higher

NEW YORK: Wall Street stocks climbed early Tuesday, rallying after several losing sessions that analysts have said...

Published 27 Sep, 2022 07:31pm

Markets

US stocks open the trading week mixed

NEW YORK: Wall Street stocks were mixed early Monday amid unease over recent equity losses and upheaval in the...

Published 26 Sep, 2022 07:19pm

Markets

Stocks tumble, dollar soars and bonds plunge as recession fears grow

NEW YORK: US and European stocks tumbled on Friday, the dollar scaled a 22-year high and bonds sold off again as...

Updated 24 Sep, 2022 01:20am

Markets

US stocks fall more as rate hikes add to worries

NEW YORK: Wall Street stocks fell early Thursday, extending a retreat as more central banks joined the Federal...

Published 22 Sep, 2022 07:20pm

Markets

Japan’s Nikkei ends at 2-month low

TOKYO: Japanese stocks notched their lowest close in more than two months on Wednesday, tracking declines on Wall...

Published 22 Sep, 2022 06:55am