Stock Markets The equities markets ended a positive, albeit volatile, first quarter as weakness in banks was offset by strength in technology stocks. In the week just ended, all major stock indexes posted solid gains, offsetting the losses of the preceding weeks. The Dow Jones Industrial Average ended 3.22% higher and the total stock market […]
Stock Markets The major indexes closed mixed for the week. According to the Wall Street Journal weekly tally, the Dow Jones Industrial Average dropped by 0.15%; in it, the transportation sector underperformed with a 3.07% loss, while the utility sector outperformed with a rise of 4.02% for the week. The broad-based S&P 500 Index managed […]
Stock Markets The broad-based S&P 500 Index took a deep dive amounting to 4.55% of its value over the previous week as investors unexpectedly received more tough talk from Federal Reserve Chair Jerome Powell regarding their forthcoming monetary policy stance. Powell and his fellow policymakers had more work to do to cool down inflation and […]
Fiscal third-quarter revenue falls about $30 million short of Street’s expectations
SK Innovation Co.’s shares climbed Friday after the South Korean energy company said it has developed new prismatic and other batteries for electric vehicles.
Dai Nippon Printing Co.’s shares rose sharply Friday morning after the Japanese company announced a large share buyback and other steps to boost earnings and capital efficiency as part of a new mid-term plan.
Seven & I Holdings Co. shares fell sharply Friday after the company said it will close some supermarket stores and exit the apparel business.
Endeavour Mining PLC said Thursday that it swung to a fourth quarter pretax loss on a one-off impairment of goodwill, though revenue rose.
Shares of Canopy Growth Corp. WEED, +1.65% advanced 1.65% to C$3.08 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.35% rising 0.35% to 20,346.53.
Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot DOTUSD seeing the biggest move, dropping 3.24% to $5.61.
U.S. stock indexes ended mixed on Wednesday, attempting to recover from Tuesday’s broad-based selloff following comments by Federal Reserve chairman Jerome Powell suggesting more interest rate rises may be necessary to tame inflation than investors were expecting.
Asia-Pacific stocks mostly dropped Wednesday, March 8, with the Japanese market showing a fourth day of increases and shares in Hong Kong declining for the second day.
