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HomeTag: Dow Jones Industrial

U.S. Stocks: Wall Street rises on strong earnings from Tesla, airlines

U.S. stocks rose on Thursday as a slew of upbeat earnings from companies including Tesla outweighed concerns about aggressive interest rates hikes that have kept bond yields elevated. The world’s most valuable automaker jumped 9% after its results beat Wall Street expectations as higher prices helped it overcome supply-chain chaos and rising costs. United Airlines …

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Wall Street Week Ahead: Investors turn to defensive stocks as economic concerns grow

U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times and tend to offer strong dividends. The healthcare, utilities, consumer staples and real estate sectors have posted gains so far in April even as the broader …

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Wall Street Week Ahead: Investors shelter from twin declines in US stocks, bonds

Investors moved $13.2 billion to cash and $2.1 billion to gold over the last week, data from BoFA Global research showed. U.S. stocks saw $3.1 billion in outflows, their largest in nine weeks. The firm’s latest survey showed fund managers’ cash positions earlier this month at their highest since March 2020. Side-by-side declines in U.S. …

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Fund Managers maintain bullish stand on stocks, BofA survey shows; expect inflation to fall in 2022

The monthly survey by BofA, where 329 CIOs, portfolio managers, and equity strategists participated, showed that a majority of investors believe global inflation is still transitory and not permanent. Global fund managers continue to remain bullish on equities with a net 55% overweight on the asset class, said Bank of America’s (BofA) Global Fund Manager …

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Indian stock markets underperform global peers; six-day fall forces Sensex deep into red for 2021

On Wall Street, Dow Jones Industrial Average closed flat with a negative bias in January, after slipping 2% on the final day of trade. Domestic equity markets have parted ways with their global counterparts in the first month of 2021. With six consecutive days of losses, Sensex closed the month of January 3.05% lower at …

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SGX Nifty signals gap-up start for Sensex, Nifty; five things to know before opening bell

Investors will keep tabs on newsflow related to new COVID-19 strain, coronavirus vaccine, oil prices, movement in rupee and other global cues Nifty futures were trading 37 points up at 13, 655.50 on Singaporean Exchange, indicating a gap-up opening for BSE Sensex and Nifty 50 on Thursday ahead of the Christmas holiday. Indian share market …

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