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Saturday, January 23, 2021

Wall Street


Wall St set to open near-record high as Biden takes office; Netflix soars

January 20, 2021 8:58 pm

Biden, due to take over as the 46th President of the United States just after noon (1700 GMT) on Wednesday, will waste little time trying to turn the page on the Trump era, advisers said, signing a raft of 15 executive actions on issues ranging from the pandemic to the economy to climate change.

Forget Biden vs Trump: The incumbent is winning in stock market

November 06, 2020 1:26 pm

Yesterday, as the big American equity benchmark rallied 2.2%, some 270 of its constituents were nursing losses. Some lost a lot. Three big financial firms slid more than 10%, while utilities tumbled to one of the worst days in three months. While a measure of equilibrium was restored Thursday, at the top, the leader board looked the same.

Wall Street drops Donald Trump in favor of Joe Biden

October 29, 2020 5:55 pm

In the US investors have long supported the Republican party. Now it seems that the American president has gambled away this support to the benefit of Democratic candidate Joe Biden.

Explained: Why US tech stocks are losing steam, and how it will impact the Indian market

September 13, 2020 11:24 am

The sharp decline in technology stocks, that include some of the biggest companies in world, had a ripple effect on global markets too and has kept the markets in Asia and Europe under stress over the last week.

Tesla's spent a year terrifying, electrifying Wall Street

July 22, 2020 4:23 pm

One year ago this week, shares plunged 14% after Tesla posted another quarterly loss, this one for $408 million, wiping out about $6 billion of the company's worth.

Dow sinks 1,800 as virus cases rise, deflating optimism

June 12, 2020 7:10 am

The Dow Jones Industrial Average sank more than 1,800 points and the S&P 500 dropped 5.9%, its worst day since mid-March, when stocks had a number of harrowing falls as the virus lockdowns began.

Wall Street pulls back as dismal economic data piles higher

April 30, 2020 10:21 pm

Stocks are pulling back on Wall Street as more grim news piles up about the economic damage caused the coronavirus outbreak.

Coronavirus slowdown hopes set to boost Wall Street

April 06, 2020 7:56 pm

At 08:27 a.m. ET, Dow e-minis were up 719 points, or 3.43%, S&P 500 e-minis were up 86 points, or 3.46% and Nasdaq 100 e-minis were up 273.5 points, or 3.64%.

Another black Monday as coronavirus response upends Wall Street

March 17, 2020 10:59 am

The Dow Jones Industrial Average fell 2,997.1 points, or 12.93%, to 20,188.52, the S&P 500 lost 324.89 points, or 11.98%, to 2,386.13. The Nasdaq Composite dropped 970.28 points, or 12.32%, to 6,904.59.

Wall Street dazed and confused after worst day since 1987

March 13, 2020 8:32 am

The suspension of professional sports games, canceled conventions and half-empty restaurants has raised fears - not about whether the longest U.S. economic expansion on record is ending - but about how deep a now presumed recession will be.