Page 5 - Us Markets

Why retail investors are opting for 'buy-the-dip mentality' in US markets

Retail money fund balances still have $1 trillion versus $643 billion in 2015, according to DataTrek

Mature Indian investors scaling up exposure in ETFs in US markets

Indian investors, especially millennials, are increasingly scaling up their participation in the US markets for portfolio diversification, Winvesta has said in its latest report

US housing starts rise, building permits fall to eight-month low

Though lumber prices are coming down from record highs, builders are paying more for steel, concrete and lighting, and are grappling with shortages of appliances like refrigerators.

Wall Street rises after steep selloff, strong results boost IBM

Nine of the 11 major S&P 500 sector indexes were trading higher, with the S&P 500 banks index rising 0.7%.

Covid-19 surge sparks bond rally, stocks on worst run in 18 months

The Dow Jones Industrial Average dropped more than 2% mid-morning on Monday, with the S&P 500 falling 1.5%. The Nasdaq Composite fell nearly 1%.

Robinhood seeks up to $35-billion valuation in upcoming mega US IPO

About 55 million shares are being offered in the IPO to raise over $2.3 billion

World shares steady, US yields hover near lows ahead of fresh data

MSCI's broadest gauge of global shares was flat in European trading, broadly unchanged on the week, buoyed by early gains across most European markets, with Britain's FTSE 100 up 0.4%.

Stocks, debt yields slip on biggest US inflation hike in 13 years

Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates

Nasdaq hits record high as growth stocks rise; inflation data weighs

Nine of the 11 major S&P 500 sector indexes were trading lower, with the defensive real estate and utilities sectors leading declines.

Richard Branson's space jaunt worth $841 million for Virgin Galactic

Shares of Virgin Galactic Holdings Inc. jumped as much as 22% in premarket U.S. trading on Monday, just above an all-time peak reached in February.

World stocks steady, Treasuries edge up as Delta variant spreads

The STOXX Europe 600 index was up 1%, recovering more than half of the prior session's decline, but still on course to record the second straight week of losses.

Robinhood gives founders second chance at $1.4 billion windfall

The company had agreed to award CEO Vladimir Tenev and chief creative officer Baiju Bhatt 13.8 million shares contingent on its share price reaching certain price levels at the time of its IPO

China criticises removal of more Chinese stocks from major US index

China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues

Growth worries, Chinese tech rout drag Wall Street lower; Dow tanks 500 pts

Weekly jobless claims rise unexpectedly last week; economy linked stocks, mega-cap tech names under pressure

Indian stock valuations are somewhat less attractive, says David Jones

India is more fortunate than other EMs, as it is less dependent on imported capital, says Jones

US index futures, European stocks suffer pandemic nerves as H1 closes

Germany's 10-year government bond yield fell 2.2 basis points on the data to -0.194%.

World stock markets hover near record highs on hopes of recovery

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June, with growing labour market optimism as the economy reopens offsetting concerns about higher inflation.

China's Didi Global raises $4.4 billion in upsized US IPO: Report

Chinese ride-hailing company Didi Global Inc raised $4.4 billion in its US IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to sources

Asian stocks fall for second day as investors look ahead to US jobs data

Asian stock markets declined for a second day Tuesday as investors looked ahead to US employment data for indications of possible inflation pressures. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index rose 0.2% to a record as gains for Facebook, Nvidia and other tech stocks offset losses for other industries. Investors are swinging between optimism about a global economic recovery underpinned by coronavirus vaccinations and worry that central banks might feel pressure to withdraw stimulus to cool rising inflation pressures. Traders are watching US jobs data due out Friday for signs of whether the labor market will start to show initial signs of heating, Anderson Alves of ActivTrades said in a report. The Federal Reserve says it believes a rise in prices of oil and other commodities is temporary, but wage increases can be more lasting. Also Tuesday, the World Bank raised its forecast of China's economic growth this year

Global stock markets on edge over Delta virus variant, Fed policy

European stocks, as measured by the pan-European STOXX 600 index, were up 0.4%