PUBLISHED ON JUN 21, 2021 07:24 PM IST
The benchmark index was up 0.3% in the first few minutes of trading Monday. Banks and industrial companies were doing the best, while several big technology companies were falling.
Reuters | , New York
PUBLISHED ON JUN 19, 2021 01:37 AM IST
The Russell 1000 Value Stock Index is down 4% from its June peak, though still up 13.2% this year. Its growth counterpart is up 9.1% year-to-date.
PUBLISHED ON JUN 16, 2021 01:40 AM IST
All eyes are now on the central bank's statement at the end of its two-day policy meeting on Wednesday.
PUBLISHED ON MAY 28, 2021 07:01 PM IST
- Already a small group, they saw several high-profile women leave their ranks last year. That means changes in pay for only a few helped skew the overall figures
AFP | | Posted by Harshit Sabarwal
PUBLISHED ON APR 22, 2021 02:15 PM IST
Tokyo led the Asian recovery with the Nikkei up 2.4 percent by the closing bell, despite an escalating coronavirus outbreak just three months before Japan hosts the pandemic-delayed Olympics.
PUBLISHED ON APR 05, 2021 11:56 PM IST
Moderna Inc. and Novavax Inc. shares have run their course in the eyes of some Wall Street investors and are prime candidates for bets that they will fall this year.
PUBLISHED ON MAR 28, 2021 10:46 PM IST
- US equities notched their biggest gain in three weeks on Friday and the S&P 500 closed 1.7% higher as the bull market celebrated its first anniversary since hitting pandemic-era lows.
Reuters | , New York
PUBLISHED ON MAR 27, 2021 04:24 AM IST
Wall Street surged in the last half hour of trading, lifting all three indexes more than 1%. The S&P 500 and Dow eked out record closing highs.
PUBLISHED ON MAR 17, 2021 11:54 AM IST
The pause on political action committee contributions, touted by major financial companies like JPMorgan Chase & Co., Goldman Sachs Group Inc. and BlackRock Inc., alarmed lawmakers in both parties at the time, given how much of their campaigns are bankrolled by deep-pocketed corporate donors.
AP | , Tokyo
PUBLISHED ON MAR 16, 2021 02:45 PM IST
The slower rollouts of the coronavirus vaccine in Asia, compared to the US and Europe, continues to put investors in the region in a cautionary mode, although South Korea, Taiwan, Japan and other nations have had fewer deaths.
Bloomberg | | Posted by Harshit Sabarwal
PUBLISHED ON MAR 01, 2021 11:15 PM IST
Gary Gensler, whom the White House has tapped to head the Securities and Exchange Commission, and Rohit Chopra, the administration’s choice to lead the Consumer Financial Protection Bureau, are likely to win confirmation, lawmakers and financial executives say.
PUBLISHED ON MAR 01, 2021 09:40 PM IST
The S&P 500 added 2.1% as of 10:40 a.m. Eastern. More than 95% of the stocks in the index were higher, led by energy companies and airlines. The Dow Jones Industrial Average was up 2.2% and the Nasdaq Composite rose 2.1%.
AFP | , New York
PUBLISHED ON FEB 28, 2021 08:37 AM IST
- Employment figures demonstrate the mountains that still have to be moved to achieve parity between men and women in the financial services sector.
UPDATED ON FEB 22, 2021 08:22 PM IST
- Reddit forum WallStreetBets is hard for humans to follow at the best of times. But spare a thought for the machines.
PUBLISHED ON FEB 21, 2021 11:51 AM IST
Forbes magazine had reported on Wednesday that investors were valuing Stripe at a $115 billion valuation in secondary-market transactions.
AP | , Beijing
PUBLISHED ON FEB 19, 2021 03:29 PM IST
London and Frankfurt rose in early trading while Shanghai, Hong Kong and Seoul closed higher.
PUBLISHED ON FEB 18, 2021 01:01 PM IST
Disclosure forms for the House Financial Services Committee’s 54 members show that 83%, or 45 lawmakers, have some exposure to the market in mutual funds, retirement accounts, or direct ownership of individual stocks.
PUBLISHED ON FEB 18, 2021 05:54 AM IST
The virtual hearing will offer lawmakers their first chance to grill executives involved in the recent stock-market frenzy.
UPDATED ON FEB 17, 2021 03:02 PM IST
The Giulianis hold stakes worth about $3 billion in Royalty Pharma Plc, a New York-based firm that buys pharmaceutical royalties from academic institutions, research hospitals and drugmakers such as Pfizer Inc.
PUBLISHED ON FEB 08, 2021 07:16 AM IST
China’s early economic recovery from the pandemic fueled rallies in stocks and commodities, lifting returns across all eight hedge fund strategies tracked by PaiPaiWang.
By hindustantimes.com | Edited by Amit Chaturvedi
UPDATED ON FEB 03, 2021 07:56 AM IST
Jeff Bezos was enchanted by computer science when the IT industry was in its infancy and he studied engineering at Princeton University.
AP | , New York
PUBLISHED ON FEB 02, 2021 02:57 PM IST
Last week, there were messages on the Reddit forum WallStreet Bets and other places on social media encouraging small investors to buy silver. The metal shot up Monday, but many of the online investors said it wasn't them bidding up the price.
By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON FEB 02, 2021 08:52 AM IST
The volatility, triggered by the so-called "Reddit rally", saw gains made by AMC Entertainment Holdings Inc and other favourites evaporate.
PUBLISHED ON FEB 01, 2021 12:47 AM IST
"We need an SEC investigation," Warren told CNN, referring to the federal Securities and Exchange Commission.
PUBLISHED ON JAN 30, 2021 07:43 PM IST
A drama that began with a quirky jump in GameStop Corp.’s shares this month has grown into a full-blown rebellion of retail investors against Wall Street’s status quo and left Robinhood, long their beloved brokerage, caught between customers and the cold demands of finance’s gatekeepers.
PUBLISHED ON JAN 29, 2021 10:48 PM IST
The video-game retailer’s top executives have seen the value of their holdings surge about $1.3 billion in the wake of a Reddit-fueled trading frenzy that has sent GameStop shares soaring more than 1,500% this month, according to data compiled by Bloomberg.
PUBLISHED ON JAN 29, 2021 04:27 PM IST
GameStop, the face of the retail craze that’s gripped Wall Street and drawn scrutiny from Washington, surged as much as 143% and was up 105% at $397 as of 5:36 a.m. in New York. The heavily shorted video-game retailer plunged 44% in Thursday’s US cash session for its first slump in six days.
PUBLISHED ON JAN 28, 2021 07:47 PM IST
American predicted that similar revenue trends from late 2020 will carry over into the first three months of 2021.
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON JAN 28, 2021 12:02 PM IST
Amateur or small retail investors with their 'dumb money' are playing the real game on Reddit under a community named wallstreetbets.
UPDATED ON JAN 21, 2021 04:13 AM IST
The S&P 500 rose 1.4%, topping its previous all-time high set earlier this month. The Dow Jones Industrial Average, Nasdaq composite and Russell 2000 index of smaller companies also notched record highs, powered by gains in technology, communications, health care and most other sectors.