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US: Stocks gain ahead of Georgia elections

Read more about US: Stocks gain ahead of Georgia elections on Business Standard. At the close of trade, the Dow Jones Industrial Average index advanced 167.71 points, or 0.55%, to 30,391.60. The S&P 500 index was up 26.21 points, or 0.71%, to 3,726.86. The tech-heavy Nasdaq Composite Index added 120.51 points, or 0.95%, to

US Stocks fall on profit booking

The US stocks declined moderately from record high on Tuesday, 29 December 2020, with all three indexes the S&P 500 index, the Dow Jones Industrial Average, and the technology-heavy Nasdaq Composite closing lower, as investors elected to cash in on the recent strength in the markets. At the close of trade, the Dow Jones Industrial Average index declined 68.30 points, or 0.22%, to 30,335.67. The S&P 500 index was down 8.32 points, or 0.22%, to 3,727.04. The tech-heavy Nasdaq Composite Index dropped 49.20 points, or 0.38%, to 12,850.22. Traders also kept an eye on the latest developments in Washington after President Donald Trump signed a coronavirus relief and government spending bill over the weekend. President Donald Trump finally signed legislation late Sunday providing $900 billion in aid to individuals and businesses and $1.4 trillion to fund government agencies. Trump has called for the direct payments included in the bill to be increased to $2,000 from $600, and the House vo

US Stocks end at records

Read more about US Stocks end at records on Business Standard. At the close of trade, the Dow Jones Industrial Average index advanced 114.32 points, or 0.38%, to 30,129.83. The S&P 500 index was up 2.75 points, or 0.07%, to 3,690.01. The tech-heavy Nasdaq Composite Index declined 36.80 points, or 0.29%, to

US Stocks mixed as stimulus optimism clashes with new virus strain

The US stocks closed lacklustre session mixed on Tuesday, 22 December 2020, with the technology-heavy Nasdaq Composite settling higher, while the S&P 500 and the Dow Jones Industrial Average closed lower. The choppy trading on Wall Street came as traders seemed reluctant to make significant moves amid concerns about elevated Covid-19 infection levels and a new strain of the virus in Europe that overshadowed Congress approval of a Covid-19 relief package. At the close of trade, the Dow Jones Industrial Average index fell 200.94 points, or 0.67%, to 30,015.51. The S&P 500 index was down 7.66 points, or 0.21%, to 3,687.26. The tech-heavy Nasdaq Composite Index rose by 65.40 points, or 0.51%, to 12,807.92.

US Stocks retreat from record highs

The US stocks retreated from record highs on Friday, 18 December 2020, with the technology-heavy Nasdaq Composite, the S&P 500, and Dow Jones Industrial Average all finishing lower, as traders cashed in on recent gains amid uncertainty around concrete developments on a new fiscal stimulus bill along with a spending bill to avoid a government shutdown. At the close of trade, the Dow Jones Industrial Average index declined 124.32 points, or 0.41%, to 30,179.05. The S&P 500 index was down 13.07 points, or 0.35%, to 3,709.41. The tech-heavy Nasdaq Composite Index declined by 9.10 points, or 0.07%, to 12,755.64. US equities wavered as investors looked to Capitol Hill for the final language of a new economic relief bill. Congress has until midnight to agree on a stimulus deal before government funding lapses. Senate Majority Leader Mitch McConnell said Thursday that although a deal appears to be close at hand, lawmakers would likely work through the weekend to iron out the details.

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