tech

Australian shares slip as tech, gold stocks track Wall Street sell-off

Nov 24 (Reuters) – Australian shares inched lower on Wednesday, dragged down by technology and gold stocks, as rising Treasury yields sparked a panic selloff of the bullion and some big U.S. tech names.

The S&P/ASX 200 index (.AXJO) fell 0.2% to 7,395.1 by 0039 GMT. The benchmark index closed up 0.8% on Tuesday.

Gold stocks (.AXGD) fell 1.7% after the price of the safe-haven asset dropped to a near three-week low as the renomination of U.S. Federal Reserve Chair Jerome Powell fuelled bets of faster interest rate hikes.

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Gold miners

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Nasdaq leads losses as tech weakness dents Wall Street

A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly

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  • Banks extend gains as yields rise
  • Factory activity expands in November
  • Tesla, Microsoft lead losses among trillion-dollar tech stocks
  • Indexes down: Dow 0.01%, S&P 0.41%, Nasdaq 1.24%

Nov 23 (Reuters) – The Nasdaq lagged its Wall Street peers on Tuesday as rising Treasury yields weighed on major technology stocks, while gains in banks and energy helped limit losses in the S&P 500 and

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Dow slides but tech stocks outperform as Europe’s COVID struggles rattle markets

Stocks ended Friday’s session weighed by growing concerns over nationwide COVID-19 lockdowns in Europe that raised fears about new restrictions beyond the continent, which pressured blue chip stocks, oil and the broader market.

The Dow slid 200 points, or 0.6%, settling at its lowest levels in 3 weeks and down1% on the week, while the S&P 500 notched a slim daily gain. However, the Nasdaq Composite set a fresh record, bolstered by rallying technology shares. 

Markets were unsettled after the Austrian government announced a full lockdown starting on Monday, in response to cases of COVID-19 surging in Europe. The lockdown

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Wall Street opens higher on J&J, Big Tech gains

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2021. REUTERS/Brendan McDermid

Nov 12 (Reuters) – U.S. stock indexes opened higher on Friday, as Johnson & Johnson and big technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.

The Dow Jones Industrial Average (.DJI) rose 42.55 points, or 0.12%, at the open to 35,963.78.

The S&P 500 (.SPX) opened higher by 5.97 points, or 0.13%, at 4,655.24, while the Nasdaq Composite (.IXIC) gained 48.34 points, or 0.31%, to 15,752.62 at the opening

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Wall Street advances, powered by big tech

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2021. REUTERS/Brendan McDermid

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  • Johnson & Johnson gains on plan to split into two companies
  • Consumer sentiment hits 10-year low
  • Tesla slides as Musk sells more shares
  • Indexes up: Dow 0.45%, S&P 0.66%, Nasdaq 0.90%

NEW YORK, Nov 12 (Reuters) – Wall Street gained on Friday with market-leading growth stocks helping the indexes resume their climb as investors shrugged off disappointing economic data.

While the three major U.S. stock indexes were solidly higher,

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Wall Street Opens Mixed; Tech Lags as S&P Hits New High; Dow up 120 Pts

By Geoffrey Smith

Investing.com — U.S. stock markets opened mixed on Friday, with the S&P edging to a new all-time high, but with some big-name technology stocks lagging after flashing warning signs in their quarterly updates.

By 9:40 AM ET (1340 GMT), the S&P 500 was up 4 points, or 0.1%, at 4,554 points, while the Dow Jones Industrial Average was up 118 points, or 0.3%. By contrast, the NASDAQ Composite was down 0.2%, as poor results from Intel (NASDAQ:INTC) and Snap (NYSE:SNAP) weighed on a technology sector whose valuation doesn’t allow for disappointments.

Snap stock fell 21% after revealing

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US STOCKS-Wall Street rises on Big Tech strength

* Energy, material stocks boosted by commodity rally

* Southwest falls on canceling many flights

* Big banks set to start reporting from Wednesday

* Indexes up: Dow 0.43%, S&P 0.40%, Nasdaq 0.43% (Updates prices to open)

By Shreyashi Sanyal and Devik Jain

Oct 11 (Reuters) – U.S. stock indexes rose on Monday as growth stocks gained, shrugging off inflation worries in the run up to third-quarter earnings reports from later this week.

Mega-caps Apple Inc, Tesla Inc and Microsoft Corp rose between 0.6% and 1%, with eight of the 11 major S&P 500 sector indexes trading higher.

Energy and

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Why is Citi helping big tech storm Wall Street?

Alphabet Inc.’s deeper dive into the U.S. financial system shouldn’t come as much of a surprise. Technology giants have found a way into all corners of people’s lives; the latest plan to offer consumers new forms of bank accounts is simply one of the final frontiers.

The puzzling part of Alphabet’s expansion of Google Pay is why Citigroup Inc. is a willing participant in Silicon Valley’s invasion of Wall Street’s turf.

Last week, Bloomberg News and others reported that Citigroup and a California credit union were Alphabet’s initial partners for a venture that would offer checking accounts through Google Pay.

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Wall Street rises as Big Tech, financials gain

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly

  • Energy stocks hit highest since Jan 2020
  • Southwest falls on canceling several flights
  • Big banks set to start reporting results from Wednesday
  • Indexes up: Dow 0.49%, S&P 0.42%, Nasdaq 0.49%

Oct 11 (Reuters) – U.S. stock indexes rose on Monday as growth and financial stocks gained, shrugging off inflation worries in the run up to third-quarter earnings reports from later this week.

Mega-caps Apple Inc (AAPL.O), Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O)

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