MeritKapital News

U.S. stocks were lower after the close on Thursday, as losses in the Healthcare, Telecoms and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.43% to hit a new 1-month low, while the S&P 500 index lost 0.46%, and the NASDAQ Composite index declined 0.25%. Perhaps on…

U.S. stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average fell 0.20%, while the S&P 500 index lost 0.13%, and the NASDAQ Composite index fell 0.57%. Benchmark 10-year Treasury notes were…

Major U.S. stock indexes closed mostly lower on Tuesday, though the technology-heavy Nasdaq Composite climbed to another all-time high, as investors returned from a three-day holiday weekend unsure about the toll the delta variant of the coronavirus will take on the economic outlook. A selloff across bond markets saw the 10-year U.S. Treasury yield climb to around…

Prime Minister Boris Johnson is set to announce a social care plan that risks the ire of his Tory colleagues as it will potentially include a tax rise. The proposed £10 billion tax hike will likely hit young people the hardest and will go against the 2019 election manifesto pledge not to do so. The government…

Asian markets rally this morning after the September US payrolls data showed a much smaller increase in jobs than expected on Friday. Disappointing US numbers will have to keep the super-loose policy for longer and create questions about global growth and inflation outlook.  With US markets closed today for a Labour holiday, market conditions are…

U.S. stocks ended higher on Thursday as initial jobless claims dropped more than expected ahead of the release of August nonfarm payrolls data Friday. The S&P 500 logged its 54th record close of the year even as it finished off the day’s highs, gaining 0.3% to 4,536.95. The Dow Jones Industrial Average rose 0.4% to…

Stocks were mixed today as technology shares outperformed. S&P 500 rose a little by 0.03% as well as Nasdaq up by 0.33% at a record high. The Dow closing as the private payrolls data missed estimates. 10-year U.S. treasury yields turn flat at 1.304%, a loss of 0.003%, after a disappointing jobs data. The U.S.…

Global stocks hovered near a record on Wednesday and U.S. and European equity futures climbed as investors bet on a resilient economic recovery from the pandemic. Yields on U.S. sovereign debt rose while the yield on the 10-year Treasuries rose one basis point to 1.32%. The S&P 500 shed a little ground but ended August with its…

US stocks inked fresh records on Monday as investors piled into tech and consumer discretionary names as treasury yields receded following Jackson Hole. The NASDAQ led gains, up 0.90%, while the S&P rose 0.43%, a 53rd record close for the year; the DOW closed 0.16% in the red however. 10Y treasury yields closed 3bps lower…

U.S. stocks were higher after the close on Friday as gains in the Oil & Gas, Basic Materials and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.69%, while the S&P 500 index added 0.88%, and the NASDAQ Composite index climbed 1.23%. Wall Street rallied on Friday,…