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(Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-08T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 57.54 points, or 1.5%, to 3,902.62\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 346.87 points, or 1.1%, to 31,384.55\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 259.49 points, or 2.3%, to 11,621.35\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 42.06 points, or 2.4%, to 1,769.60\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657244061349,\\\"strCount\\\":4134,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks rose again Thursday, extending the market's winning streak to a fourth day and putting the main indexes on track for weekly gains.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 1.5%. Its recent advance extends the benchmark index's winning run to the longest since March. The Dow Jones Industrial Average increased by 1.1%, while the Nasdaq increased by 2.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-696158/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks outperformed the overall market, indicating that some investors remain optimistic about economic development. The Russell 2000 increased by 2.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The majority of the market rose, with energy firms leading the way as oil prices regained some of their earlier-in-the-week steep losses. However, the bond market remains concerned about a probable recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-gamestop-seagen-nio-and-other-stocks-making-biggest-moves-696029/\\\\\\\"\u003eUS Premarket: GameStop, Seagen, Nio and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 57.54 points to 3,902.62, as roughly three-fourths of the stocks in the index rose. The Dow rose 346.87 points to 31,384 and the Nasdaq rose 259.49 points to 11,621.35. The Russell 2000 gained 42.06 points to 1,769.60.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies that benefit the most from a healthy economy led the gains, with technology stocks doing much of the heavy lifting. Apple rose 2.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-14-things-to-know-before-market-opens-on-july-8-2022-696408/\\\\\\\"\u003eTrade Setup: Top 14 things to know before market opens on July 8, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The energy sector also rose as U.S. crude oil prices climbed 4.3% after falling the last few days. Exxon Mobil rose 3.2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The major indexes are on pace for weekly gains in what has been turbulent trading over the last several months. The volatility reflects growing worries among investors that the economy is slowing under the weight of surging inflation and sharply higher interest rates, pressures that could tip the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite this week's rally in the stock market, bond investors continue to signal anxiety over a potential recession. New data Thursday showed that the number of Americans applying for unemployment benefits topped the 230,000 mark for the fifth consecutive week. While claims remain low, last week was the highest level of claims in almost six months.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehtas-wife-jyoti-presents-his-side-of-story-on-new-website-says-family-victim-of-tax-terrorism-695709/\\\\\\\"\u003eHarshad Mehta's wife Jyoti brings Big Bull's side of story to light\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury rose to 3% from 2.91% late Wednesday. The yield on the two-year Treasury is above the 10-year yield, a relatively rare thing seen by some investors as an ominous sign.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The key concern is that the Fed's interest rate hikes could go too far in slowing economic growth and actually bring on a recession. After last month’s meeting, the Fed raised its rate by three-quarters of a point to a range of 1.5% to 1.75% — the biggest single increase in nearly three decades — and signalled that further large hikes would likely be needed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/\\\\\\\"\u003eEuropean Union makes historic tech ruling, enforcement worries remain\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The recession concerns have been weighing heavily on markets. Every major index is in a slump for the year and the benchmark S\u0026amp;P 500 is in a bear market, or down at 20% from its most recent high. The market is not likely going to regain ground until Wall Street gets clearer signals that inflation is cooling.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-08T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks rose again Thursday, extending the market's winning streak to a fourth day and putting the main indexes on track for weekly gains. The S\u0026P 500 gained 1.5%. Its recent advance extends the benchmark index's winning run to the longest since March. The Dow Jones Industrial Average increased by 1.1%, while the Nasdaq increased by 2.3%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Thursday,Small-company stocks outperformed the overall market, indicating that some investors remain optimistic about economic development. The Russell 2000 increased by 2.4%. The majority of the market rose, with energy firms leading the way as oil prices regained some of their earlier-in-the-week steep losses. However, the bond market remains concerned about a probable recession. Also Read| US Premarket: GameStop, Seagen, Nio and other stocks making biggest moves,The S\u0026P 500 rose 57.54 points to 3,902.62, as roughly three-fourths of the stocks in the index rose. The Dow rose 346.87 points to 31,384 and the Nasdaq rose 259.49 points to 11,621.35. The Russell 2000 gained 42.06 points to 1,769.60. Companies that benefit the most from a healthy economy led the gains, with technology stocks doing much of the heavy lifting. Apple rose 2.4%. Also Read| Trade Setup: Top 14 things to know before market opens on July 8, 2022,The energy sector also rose as U.S. crude oil prices climbed 4.3% after falling the last few days. Exxon Mobil rose 3.2%. The major indexes are on pace for weekly gains in what has been turbulent trading over the last several months. The volatility reflects growing worries among investors that the economy is slowing under the weight of surging inflation and sharply higher interest rates, pressures that could tip the economy into a recession. Also Read | Harshad Mehta scam: How Big Bull shook the Indian stock market,Despite this week's rally in the stock market, bond investors continue to signal anxiety over a potential recession. New data Thursday showed that the number of Americans applying for unemployment benefits topped the 230,000 mark for the fifth consecutive week. While claims remain low, last week was the highest level of claims in almost six months. Also Read | Harshad Mehta's wife Jyoti brings Big Bull's side of story to light,The yield on the 10-year Treasury rose to 3% from 2.91% late Wednesday. The yield on the two-year Treasury is above the 10-year yield, a relatively rare thing seen by some investors as an ominous sign. Also Read | How to survive a market crash,The key concern is that the Fed's interest rate hikes could go too far in slowing economic growth and actually bring on a recession. After last month’s meeting, the Fed raised its rate by three-quarters of a point to a range of 1.5% to 1.75% — the biggest single increase in nearly three decades — and signalled that further large hikes would likely be needed. Also Read | European Union makes historic tech ruling, enforcement worries remain,The recession concerns have been weighing heavily on markets. Every major index is in a slump for the year and the benchmark S\u0026P 500 is in a bear market, or down at 20% from its most recent high. The market is not likely going to regain ground until Wall Street gets clearer signals that inflation is cooling.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,The S 500,U.S.,Exxon Mobil,Americans,Fed,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-07-08T08:45:00+05:30"}},{"node":{"id":"4W7TSHyRBxxc","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-wednesday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-wednesday-694902/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-07T09:55:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 13.69 points, or 0.4%, to 3,845.08\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 69.86 points, or 0.2%, to 31,037.68\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 39.61 points, or 0.3%, to 11,361.85\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 13.78 points, or 0.8%, to 1,727.55\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657161955711,\\\"strCount\\\":4206,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street ended another tumultuous day of trading Wednesday with small gains for the major stock indexes, as investors sifted through minutes from the Federal Reserve's most recent interest rate policy meeting for hints about what the central bank would do next to combat inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-695295/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 0.4%, it's third straight gain, after fluctuating between gains and losses for much of the morning and early afternoon. The Dow Jones Industrial Average gained 0.2% while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e gained 0.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks, on the other hand, continued in a slump, indicating that investors are concerned about economic development. The Russell 2000 lost 0.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-coinbase-uber-altria-and-other-stocks-making-biggest-moves-695182/\\\\\\\"\u003eUS Premarket: Coinbase, Uber, Altria and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields increased dramatically. The 10-year Treasury yield, which influences mortgage rates, increased to 2.93% from 2.81% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The minutes from the Fed's two-day meeting last month show that the central bank's policymakers concluded higher interest rates could be needed to restrain what they saw as a worrying trend: consumers starting to anticipate higher inflation. The policymakers also acknowledged that more rate hikes could weaken the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-july-7-2022-695543/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on July 7, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 13.69 points to 3,845.08. The Dow gained 69.86 points to 31,037.68. The Nasdaq rose 39.61 points to 11,361.85. The Russell 2000 fell 13.78 points to 1,727.55.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Major indexes have swung from sharp losses to gains on a day-to-day and even hour-to-hour basis lately, reflecting investors’ worries about inflation, rising interest rates and a potential recession. The broader market, though, is still mired in a deep slump that has dragged the S\u0026amp;P 500 into a bear market, over 20% below its most recent high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-titan-reliance-power-grid-and-others-in-news-today-695551/\\\\\\\"\u003eTrending Stocks: Titan, Reliance, Power Grid and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street's key concern centres around the Federal Reserve's effort to rein in inflation, and the risk its plan could send the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Surging oil prices worsened inflation by sending gasoline prices in the U.S. to record highs. The price of U.S. crude oil is still up 36% for the year but has been slipping throughout the week in a welcome sign for a market hoping for any signal that inflation could be easing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ed-summons-coindcx-coinswitch-kuber-to-probe-fema-violations-report-694815/\\\\\\\"\u003eED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"U.S. crude oil fell 1% Wednesday. The price on Tuesday settled below $100 a barrel for the first time since early May.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street will be closely watching the U.S. government's release of employment data for June on Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and health care stocks accounted for a big share of the benchmark S\u0026amp;P 500 index’s gains Wednesday. Cisco Systems rose 1.7% and \u003ca href=\\\\\\\"https://opoyi.com/topics/pfizer/\\\\\\\"\u003ePfizer\u003c/a\u003e added 2.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy sector stocks, which lost ground along with crude oil prices, were among the few sectors that closed lower. Hess remained in the red. Hess dropped 2.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delivery service DoorDash fell 7.4% following Amazon’s announcement of a deal with rival delivery service Grubhub.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Pfizer","slug":"pfizer","id":"8RvHqXaF9KyL","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-07T09:55:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street ended another tumultuous day of trading Wednesday with small gains for the major stock indexes, as investors sifted through minutes from the Federal Reserve's most recent interest rate policy meeting for hints about what the central bank would do next to combat inflation. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday,The S\u0026P 500 gained 0.4%, it's third straight gain, after fluctuating between gains and losses for much of the morning and early afternoon. The Dow Jones Industrial Average gained 0.2% while the Nasdaq gained 0.3%. Small-company stocks, on the other hand, continued in a slump, indicating that investors are concerned about economic development. The Russell 2000 lost 0.8%. Also Read| US Premarket: Coinbase, Uber, Altria and other stocks making biggest moves,Bond yields increased dramatically. The 10-year Treasury yield, which influences mortgage rates, increased to 2.93% from 2.81% late Tuesday. The minutes from the Fed's two-day meeting last month show that the central bank's policymakers concluded higher interest rates could be needed to restrain what they saw as a worrying trend: consumers starting to anticipate higher inflation. The policymakers also acknowledged that more rate hikes could weaken the economy. Also Read| Trade Setup: Top 15 things to know before market opens on July 7, 2022,The S\u0026P 500 rose 13.69 points to 3,845.08. The Dow gained 69.86 points to 31,037.68. The Nasdaq rose 39.61 points to 11,361.85. The Russell 2000 fell 13.78 points to 1,727.55. Major indexes have swung from sharp losses to gains on a day-to-day and even hour-to-hour basis lately, reflecting investors’ worries about inflation, rising interest rates and a potential recession. The broader market, though, is still mired in a deep slump that has dragged the S\u0026P 500 into a bear market, over 20% below its most recent high. Also Read| Trending Stocks: Titan, Reliance, Power Grid and others in news today,Wall Street's key concern centres around the Federal Reserve's effort to rein in inflation, and the risk its plan could send the economy into a recession. Surging oil prices worsened inflation by sending gasoline prices in the U.S. to record highs. The price of U.S. crude oil is still up 36% for the year but has been slipping throughout the week in a welcome sign for a market hoping for any signal that inflation could be easing. Also Read| ED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report,U.S. crude oil fell 1% Wednesday. The price on Tuesday settled below $100 a barrel for the first time since early May. Wall Street will be closely watching the U.S. government's release of employment data for June on Friday. Also Read| Great Depression to COVID: Top 5 market crashes in American history,Technology and health care stocks accounted for a big share of the benchmark S\u0026P 500 index’s gains Wednesday. Cisco Systems rose 1.7% and Pfizer added 2.1%. Energy sector stocks, which lost ground along with crude oil prices, were among the few sectors that closed lower. Hess remained in the red. Hess dropped 2.7%. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Delivery service DoorDash fell 7.4% following Amazon’s announcement of a deal with rival delivery service Grubhub.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,the Federal Reserve's,Russell,Nasdaq,Treasury,Fed,the S 500,Cisco Systems,Pfizer,Amazon","originalPublishedOn":"2022-07-07T09:55:00+05:30"}},{"node":{"id":"R5cadJIrjE0A","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-8","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-695295/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T21:00:31+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq composite fell 31.51 points or 0.28% to 11,290.73\u003c/li\u003e\n \u003cli\u003eUS crude oil prices are high at 30% for the year\u003c/li\u003e\n \u003cli\u003eThe Federal Reserve will releases minutes from its latest meeting on Wednesday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657121431016,\\\"strCount\\\":3726,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks traded between small gains and losses in morning\\\\ntrading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Wednesday as concerns about inflation, \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003esoaring interest\\\\nrates\u003c/a\u003e, and a potential recession weigh on the broader market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 9.86 points or 0.26% as of 10:19 a.m.\\\\nEastern time zone. The Dow Jones Industrial Average fell 69.79 points or 0.23%\\\\nto 30,898.03. The Nasdaq composite fell 31.51 points or 0.28% to 11,290.73.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/what-are-the-digital-market-and-digital-services-acts-695001/\\\\\\\"\u003eWhat are the Digital Market and Digital Services Acts?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Benchmark indexes have been swinging between sharp losses\\\\nand gains on a daily basis, and sometimes hourly basis. Though, the broader\\\\nmarket is still under a deep slump that has dragged the S\u0026amp;P into a bear\\\\nmarket, over 20% below its recent peak.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street’s major concerns are focused on the Federal\\\\nReserve’s effort to rein in \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e, and the risk its plan could send the\\\\neconomy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow To Survive A Market Crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation has severely impacted businesses and consumers\\\\nthroughout the year, tightening its grip following Russia’s invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e\\\\nin February. \u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-across-the-world-as-recession-worries-persist-693162/\\\\\\\"\u003eOil prices\u003c/a\u003e rose because of the invasion and sent gasoline prices\\\\nin the US to record highs. US crude oil prices are high at 30% for the year,\\\\nthough they have fallen this week. On Tuesday, oil prices closed below $100 per\\\\nbarrel for the first time since early May.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Supply chain issues persist and have been made worse by\\\\nshutdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e due to the resurgence of the COVID-19 cases.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Central banks have been increasing interest rates in a bid\\\\nto curb inflation. The Fed has been particularly aggressive in its shift from\\\\nthe historically low-interest rate at the peak of the pandemic to unusually big\\\\nrate hikes now. That has increased worries that the central bank could go too\\\\nfar, hitting the brakes too hard on economic growth and bringing on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/gold-silver-and-other-metal-prices-on-wednesday-july-6-2022-694876/\\\\\\\"\u003eGold, silver and other metal prices on Wednesday, July 6, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will get another update on the Fed’s latest\\\\nthinking this afternoon when the central bank releases minutes from its latest\\\\nmeeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is closely watching economic data for clues\\\\nregarding inflation’s impact, its trajectory, and what that means for the Fed’s\\\\nposition moving forward. The US government will release employment data for\\\\nJune on Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/highland-park-shooting-who-were-kevin-irina-mccarthy-2-year-olds-parents-695194/\\\\\\\"\u003eHighland Park shooting: Who were Kevin-Irina McCarthy, 2-year-old's parents\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets were trading significantly higher. The\\\\neuro is at a 20-year low to the dollar on concerns over disruptions to energy\\\\nsupplies. European Commission chief Ursula von der Leyen said the 27-nation\\\\nEuropean Union needs to make emergency plans to prepare for a complete cut-off\\\\nof Russian gas amid the Kremlin's war on Ukraine.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"UrsulaVonDerLeyen","slug":"ursulavonderleyen","id":"H2XHGoMHE428","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T21:00:29+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks traded between small gains and losses in morning trading on Wall Street Wednesday as concerns about inflation, soaring interest rates, and a potential recession weigh on the broader market. The S\u0026P 500 fell 9.86 points or 0.26% as of 10:19 a.m. Eastern time zone. The Dow Jones Industrial Average fell 69.79 points or 0.23% to 30,898.03. The Nasdaq composite fell 31.51 points or 0.28% to 11,290.73. Also Read | What are the Digital Market and Digital Services Acts?,Benchmark indexes have been swinging between sharp losses and gains on a daily basis, and sometimes hourly basis. Though, the broader market is still under a deep slump that has dragged the S\u0026P into a bear market, over 20% below its recent peak. Wall Street’s major concerns are focused on the Federal Reserve’s effort to rein in inflation, and the risk its plan could send the economy into a recession. Also Read | How To Survive A Market Crash,Inflation has severely impacted businesses and consumers throughout the year, tightening its grip following Russia’s invasion of Ukraine in February. Oil prices rose because of the invasion and sent gasoline prices in the US to record highs. US crude oil prices are high at 30% for the year, though they have fallen this week. On Tuesday, oil prices closed below $100 per barrel for the first time since early May. Also Read | Great Depression to COVID: Top 5 market crashes in American history,Supply chain issues persist and have been made worse by shutdowns in China due to the resurgence of the COVID-19 cases. Central banks have been increasing interest rates in a bid to curb inflation. The Fed has been particularly aggressive in its shift from the historically low-interest rate at the peak of the pandemic to unusually big rate hikes now. That has increased worries that the central bank could go too far, hitting the brakes too hard on economic growth and bringing on a recession. Also Read | Gold, silver and other metal prices on Wednesday, July 6, 2022,Investors will get another update on the Fed’s latest thinking this afternoon when the central bank releases minutes from its latest meeting. Wall Street is closely watching economic data for clues regarding inflation’s impact, its trajectory, and what that means for the Fed’s position moving forward. The US government will release employment data for June on Friday. Also Read | Highland Park shooting: Who were Kevin-Irina McCarthy, 2-year-old's parents,European markets were trading significantly higher. The euro is at a 20-year low to the dollar on concerns over disruptions to energy supplies. European Commission chief Ursula von der Leyen said the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas amid the Kremlin's war on Ukraine.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,Fed,Ukraine,the Federal Reserve,Russia,China,European Commission,Ursula von der Leyen,European Union,wallstreet,Early trade, US early trade, Stock market, US stock market, share market, Nasdaq, Dow Jones, S\u0026P 500,Business news","originalPublishedOn":"2022-07-06T21:00:29+05:30"}},{"node":{"id":"akqQrnso7EE0","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-slightly-up-on-tuesday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-slightly-up-on-tuesday-694703/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended slightly up on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 6.06 points, or 0.2%, to 3,831.39\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 129.44 points, or 0.4%, to 30,967.82\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 194.39 points, or 1.7%, to 11,322.24\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 13.57 points, or 0.8%, to 1,741.33\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657073001888,\\\"strCount\\\":3568,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stock indices finished with tiny gains Tuesday, as a late-afternoon comeback spurred by technology firms reversed the market's losses following an early plunge.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 0.2% after falling 2.2% earlier in the day. The Dow Jones Industrial Average fell 0.4%, while the Nasdaq Composite gained 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-694411/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The dismal start came after a long weekend for the Independence Day holiday, when the price of \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude oil plummeted dramatically, finally falling below $100 per barrel for the first time since early May. Bond rates have also fallen, indicating that speculators are looking for less risky assets.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-tesla-hp-inc-exxon-and-other-stocks-making-biggest-moves-694340/\\\\\\\"\u003eUS Premarket: Tesla, HP Inc, Exxon and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy, industrial, health care and most of the 11 sectors in the S\u0026amp;P 500 ended in the red, despite the late-day rally in technology stocks, communication firms and retailers and other companies that rely on direct consumer spending.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-july-6-2022-694680/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on July 6, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The volatility reflects growing worries among investors that the economy is slowing under the weight of surging inflation and sharply higher interest rates, pressures that could tip the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 6.06 points to 3,831.39. The Nasdaq rose 194.39 points to 3,831.39. The Dow Jones Industrial Average remained in the red, losing 129.44 points to 30,967.82.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-on-brink-of-recession-say-analysts-white-house-still-hopeful-693941/\\\\\\\"\u003eUnited States on brink of recession, say analysts; White House still hopeful\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks also bounced back after a downbeat start. The Russell 2000 rose 13.57 points, or 0.8%, to 1,741.33. European markets fell broadly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks remain in a slump that pulled the S\u0026amp;P 500 into a bear market last month, meaning an extended decline of 20% or more from a recent peak. The market's performance in the first half of 2022 was the worst since the first six months of 1970.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and communication stocks staged a turnaround and ended higher Tuesday. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e rose 1.9% and \u003ca href=\\\\\\\"https://opoyi.com/topics/facebook/\\\\\\\"\u003eFacebook\u003c/a\u003e parent Meta climbed 5.1%. Home Depot rose 1.7%, one of several big retailers that gained ground.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy companies had some of the biggest losses as the price of U.S. crude oil slumped 8.2% to $99.50 a barrel. That's the lowest price since May 10, when it settled at $96.87 a barrel. Exxon Mobil fell 3.1% and Hess dropped 6.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/explained-why-are-tech-companies-laying-off-thousands-of-employees-693197/\\\\\\\"\u003eExplained: Why are tech companies laying off thousands of employees\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks fell along with bond yields. The yield on the 10-year Treasury, which helps set mortgage rates, fell to 2.82% from 2.90% late Friday. Bank of America dropped 1%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Facebook","slug":"facebook","id":"HLE8qquNLINg","isSection":0},{"name":"BankOfAmerica","slug":"bankofamerica","id":"Dti0qsoQpIWI","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-06T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stock indices finished with tiny gains Tuesday, as a late-afternoon comeback spurred by technology firms reversed the market's losses following an early plunge. The S\u0026P 500 gained 0.2% after falling 2.2% earlier in the day. The Dow Jones Industrial Average fell 0.4%, while the Nasdaq Composite gained 1.7%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,The dismal start came after a long weekend for the Independence Day holiday, when the price of US crude oil plummeted dramatically, finally falling below $100 per barrel for the first time since early May. Bond rates have also fallen, indicating that speculators are looking for less risky assets. Also Read| US Premarket: Tesla, HP Inc, Exxon and other stocks making biggest moves,Energy, industrial, health care and most of the 11 sectors in the S\u0026P 500 ended in the red, despite the late-day rally in technology stocks, communication firms and retailers and other companies that rely on direct consumer spending. Also Read| Trade Setup: Top 15 things to know before market opens on July 6, 2022,The volatility reflects growing worries among investors that the economy is slowing under the weight of surging inflation and sharply higher interest rates, pressures that could tip the economy into a recession. The S\u0026P 500 rose 6.06 points to 3,831.39. The Nasdaq rose 194.39 points to 3,831.39. The Dow Jones Industrial Average remained in the red, losing 129.44 points to 30,967.82. Also Read| United States on brink of recession, say analysts; White House still hopeful,Small-company stocks also bounced back after a downbeat start. The Russell 2000 rose 13.57 points, or 0.8%, to 1,741.33. European markets fell broadly. Stocks remain in a slump that pulled the S\u0026P 500 into a bear market last month, meaning an extended decline of 20% or more from a recent peak. The market's performance in the first half of 2022 was the worst since the first six months of 1970. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Technology and communication stocks staged a turnaround and ended higher Tuesday. Apple rose 1.9% and Facebook parent Meta climbed 5.1%. Home Depot rose 1.7%, one of several big retailers that gained ground. Energy companies had some of the biggest losses as the price of U.S. crude oil slumped 8.2% to $99.50 a barrel. That's the lowest price since May 10, when it settled at $96.87 a barrel. Exxon Mobil fell 3.1% and Hess dropped 6.8%. Also Read| Explained: Why are tech companies laying off thousands of employees,Banks fell along with bond yields. The yield on the 10-year Treasury, which helps set mortgage rates, fell to 2.82% from 2.90% late Friday. Bank of America dropped 1%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the Nasdaq Composite,US,European,the S 500,Apple,Facebook,Home Depot,U.S.,Exxon Mobil,Treasury,Bank of America","originalPublishedOn":"2022-07-06T09:00:00+05:30"}},{"node":{"id":"7IceV9RxnHhs","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-6","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-694411/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-05T20:52:15+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite fell 111.88 points or 1.01% to 11,015.95\u003c/li\u003e\n \u003cli\u003eEnergy companies saw some of the biggest losses as US oil prices fell 5%\u003c/li\u003e\n \u003cli\u003eEuropean markets were also trading in the negative territory\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657034535129,\\\"strCount\\\":4087,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell sharply in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e\\\\nTuesday, continuing a slump for the major indexes as traders remained concerned\\\\nabout the \u003ca href=\\\\\\\"https://opoyi.com/topics/economy/\\\\\\\"\u003eeconomy\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 64.34 points or 1.71% to 3,759.99 as\\\\nof 10:14 a.m. Eastern time zone. More than 95% of stocks in the benchmark index\\\\nfell in the weak opening after a long weekend for the \u003ca href=\\\\\\\"https://opoyi.com/usa/inside-biden-led-white-houses-fourth-of-july-celebrations-watch-693866/\\\\\\\"\u003eIndependence Day\u003c/a\u003e holiday.\\\\nThe Dow Jones Industrial Average fell 550.65 points or 1.77% to 30,546.61. The\\\\nNasdaq Composite fell 111.88 points or 1.01% to 11,015.95. Small-company stocks\\\\nalso fell. The Russell 2000 slid 1.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-on-brink-of-recession-say-analysts-white-house-still-hopeful-693941/\\\\\\\"\u003eUnited States on brink of recession, say analysts; White House still hopeful\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy companies saw some of the biggest losses as \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e oil\\\\nprices fell 5%. Exxon Mobil slipped 2.8%. Along with bond yields, bank stocks\\\\nalso fell significantly. The yield on the 10-year Treasury, which helps decide\\\\nmortgage rates, fell to 2.82% from 2.909% late Friday. JPMorgan Chase lost\\\\n2.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/technology/tesla-model-3s-and-model-ys-recalled-in-germany-693131/\\\\\\\"\u003eTesla \u003c/a\u003eplunged 3.4% after reporting its lowest quarterly\\\\nsales numbers in seven quarters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets were also trading in the negative\\\\nterritory.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks remain in a slump that led the S\u0026amp;P 500 into a\\\\nbear market last month, which means an extended decline of 20% or more from a\\\\nrecent peak. The market’s performance in the first half of 2022 was the worst\\\\nsince the first six months of 1970.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/who-was-robb-hanrahan-american-news-anchor-dead-at-60-694374/\\\\\\\"\u003eWho was Robb Hanrahan, American news anchor dead at 60?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/how-bitcoin-price-and-inflation-are-co-related-385362/\\\\\\\"\u003eInflation \u003c/a\u003ehas been impacting businesses and consumers\\\\nthroughout the year but worsened after \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e invaded \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e in February. The\\\\ninvasion sent oil prices higher globally and sent gasoline prices in the US to\\\\nrecord highs. That lead to a pullback in spending from consumers struggling\\\\nwith higher prices on everything from food to clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/antony-blinken-all-set-to-hold-talks-with-chinese-foreign-minister-wang-yi-at-g20-meet-694295/\\\\\\\"\u003eAntony Blinken all set to hold talks with Chinese Foreign Minister Wang Yi at G20 meet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Lockdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e from the resurgence of COVID-19 cases\\\\nhave also made supply chain issues worse.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Central banks have been increasing interest rates in an\\\\nattempt to curb inflation. The \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e has been aggressive in its shift\\\\nfrom historically low-interest rates at the peak of the pandemic to unusually\\\\nbig rate increases. That has also increased worries that the central bank could\\\\ngo too far in raising rates and hitting the brakes too hard on economic growth,\\\\nwhich could lead to a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/nato-set-to-sign-finland-swedens-accession-protocol-694014/\\\\\\\"\u003eNATO set to sign Finland, Sweden's accession protocol\u003c/a\u003e\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market has been closely watching the latest pandemic\\\\nupdates for more clues on how inflation is impacting the economy and whether\\\\nthat could shift the Fed’s position in rate hikes. Wall Street will get a\\\\nbetter understanding of the employment market on Friday when the government\\\\nwill release its employment data for June.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-05T20:52:13+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell sharply in morning trading on Wall Street Tuesday, continuing a slump for the major indexes as traders remained concerned about the economy. The S\u0026P 500 fell 64.34 points or 1.71% to 3,759.99 as of 10:14 a.m. Eastern time zone. More than 95% of stocks in the benchmark index fell in the weak opening after a long weekend for the Independence Day holiday. The Dow Jones Industrial Average fell 550.65 points or 1.77% to 30,546.61. The Nasdaq Composite fell 111.88 points or 1.01% to 11,015.95. Small-company stocks also fell. The Russell 2000 slid 1.9%. Also Read | United States on brink of recession, say analysts; White House still hopeful,Energy companies saw some of the biggest losses as US oil prices fell 5%. Exxon Mobil slipped 2.8%. Along with bond yields, bank stocks also fell significantly. The yield on the 10-year Treasury, which helps decide mortgage rates, fell to 2.82% from 2.909% late Friday. JPMorgan Chase lost 2.4%. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,Tesla plunged 3.4% after reporting its lowest quarterly sales numbers in seven quarters. European markets were also trading in the negative territory. Stocks remain in a slump that led the S\u0026P 500 into a bear market last month, which means an extended decline of 20% or more from a recent peak. The market’s performance in the first half of 2022 was the worst since the first six months of 1970. Also Read | Who was Robb Hanrahan, American news anchor dead at 60?,Inflation has been impacting businesses and consumers throughout the year but worsened after Russia invaded Ukraine in February. The invasion sent oil prices higher globally and sent gasoline prices in the US to record highs. That lead to a pullback in spending from consumers struggling with higher prices on everything from food to clothing. Also Read | Antony Blinken all set to hold talks with Chinese Foreign Minister Wang Yi at G20 meet,Lockdowns in China from the resurgence of COVID-19 cases have also made supply chain issues worse. Central banks have been increasing interest rates in an attempt to curb inflation. The Federal Reserve has been aggressive in its shift from historically low-interest rates at the peak of the pandemic to unusually big rate increases. That has also increased worries that the central bank could go too far in raising rates and hitting the brakes too hard on economic growth, which could lead to a recession. Also Read | NATO set to sign Finland, Sweden's accession protocol ,The market has been closely watching the latest pandemic updates for more clues on how inflation is impacting the economy and whether that could shift the Fed’s position in rate hikes. Wall Street will get a better understanding of the employment market on Friday when the government will release its employment data for June.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,Russell,Exxon Mobil,Treasury,JPMorgan Chase,European,Russia,Ukraine,China,The Federal Reserve,Fed,US stock market, US early trade, Stock market, early trade, Nasdaq Composite, Dow Jones, S\u0026P 500,Business News, Federal Reserve","originalPublishedOn":"2022-07-05T20:52:13+05:30"}},{"node":{"id":"92VXTKcnflDc","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-5","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-693068/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-04T09:10:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 39.95 points, or 1.1%, to 3,825.33\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 321.83 points, or 1%, to 31,097.26\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 99.11 points, or 0.9%, to 11,127.85\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 19.77 points, or 1.2%, to 1,727.76\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656899023727,\\\"strCount\\\":4890,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks recovered from a sluggish start and finished widely higher on Friday, though the gain was insufficient to reverse the week's losses.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-friday-691733/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 increased 1.1% after falling 0.9% in the first half. The rise ended the benchmark index's four-day losing streak, but it still produced its fourth losing week in the previous five.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones jumped 1%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e gained 0.9% after a sell-off in technology sectors calmed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-meta-fedex-kohls-and-other-stocks-making-biggest-moves-691682/\\\\\\\"\u003eUS Premarket: Meta, FedEx, Kohl's and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The bumpiest trade came only a day after the S\u0026amp;P 500 finished its worst quarter since the pandemic began in early 2020. Its performance in the first six months of 2022 was the lowest since the same period in 1970.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/new-labour-codes-all-you-need-to-know-691787/\\\\\\\"\u003eNew labour codes: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 has been in a bear market since last month, meaning an extended decline of 20% or more from its most recent peak. It's now down 20.2% from the peak it set at the beginning of this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/russia-approves-tax-exemptions-for-issuers-of-digital-assets-cryptocurrency-690632/\\\\\\\"\u003eRussia approves tax exemptions for issuers of digital assets, cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields fell significantly. The yield on the 10-year Treasury, which helps set mortgage rates, fell to 2.89% from 2.97% Thursday. The yield on the 2-year Treasury slipped to 2.83% from 2.92%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market’s deep slump this year reflects investors’ anxiety over surging inflation and the possibility that higher interest rates could bring on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 39.95 to 3,825.33. Roughly 85% of the stocks in the index finished higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-gun-violence-sinks-bidens-approval-rating-to-record-low-report-685905/\\\\\\\"\u003eInflation, gun violence sinks Biden's approval rating to record low: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow gained 321.83 points to 31,097.26, while the Nasdaq rose 99.11 points to 11,127.85. The Russell 2000 index of smaller companies rose 19.77 points, or 1.2%, to 1,727.76.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market's latest gyrations precede a long holiday weekend. Financial markets in the U.S. will be closed on Monday for Independence Day.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street remains concerned about the risk of a recession as economic growth slows and the Federal Reserve aggressively hikes interest rates. The Fed is raising rates to purposefully slow economic growth to help cool inflation, but could potentially go too far and bring on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street enters bear market: What does it mean for investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Kohl's dove 19.6% after the department store's potential sales fell apart amid the shaky retail environment as consumers lose confidence and cut spending. Kohl’s had entered exclusive talks with Franchise Group, the owner of Vitamin Shop and other retail outlets, for a deal that was potentially worth about $8 billion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Other retailers, restaurant chains and companies that rely on direct consumer spending helped lead the market rally. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e rose 3.2%, Home Depot gained 1.8% and \u003ca href=\\\\\\\"https://opoyi.com/topics/starbucks/\\\\\\\"\u003eStarbucks\u003c/a\u003e rose 3.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks and health care stocks also notched gains. Wells Fargo rose 1.9% and \u003ca href=\\\\\\\"https://opoyi.com/topics/johnson/\\\\\\\"\u003eJohnson\u003c/a\u003e \u0026amp; Johnson closed 1.1% higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks largely bounced back from their broad morning slump, though many still closed lower. Chipmaker Micron slid 3% after giving investors a disappointing profit forecast amid concerns about falling demand. That weighed heavily on other chipmakers. Nvidia fell 4.2% and Qualcomm lost 3.3%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Starbucks","slug":"starbucks","id":"ReQdpcd6Ja43","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-04T09:10:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks recovered from a sluggish start and finished widely higher on Friday, though the gain was insufficient to reverse the week's losses. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Friday,The S\u0026P 500 increased 1.1% after falling 0.9% in the first half. The rise ended the benchmark index's four-day losing streak, but it still produced its fourth losing week in the previous five. The Dow Jones jumped 1%, while the Nasdaq gained 0.9% after a sell-off in technology sectors calmed. Also Read| US Premarket: Meta, FedEx, Kohl's and other stocks making biggest moves,The bumpiest trade came only a day after the S\u0026P 500 finished its worst quarter since the pandemic began in early 2020. Its performance in the first six months of 2022 was the lowest since the same period in 1970. Also Read| New labour codes: All you need to know,The S\u0026P 500 has been in a bear market since last month, meaning an extended decline of 20% or more from its most recent peak. It's now down 20.2% from the peak it set at the beginning of this year. Also Read| Russia approves tax exemptions for issuers of digital assets, cryptocurrency,Bond yields fell significantly. The yield on the 10-year Treasury, which helps set mortgage rates, fell to 2.89% from 2.97% Thursday. The yield on the 2-year Treasury slipped to 2.83% from 2.92%. Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,The market’s deep slump this year reflects investors’ anxiety over surging inflation and the possibility that higher interest rates could bring on a recession. The S\u0026P 500 rose 39.95 to 3,825.33. Roughly 85% of the stocks in the index finished higher. Also Read| Inflation, gun violence sinks Biden's approval rating to record low: Report,The Dow gained 321.83 points to 31,097.26, while the Nasdaq rose 99.11 points to 11,127.85. The Russell 2000 index of smaller companies rose 19.77 points, or 1.2%, to 1,727.76. The market's latest gyrations precede a long holiday weekend. Financial markets in the U.S. will be closed on Monday for Independence Day. Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Wall Street remains concerned about the risk of a recession as economic growth slows and the Federal Reserve aggressively hikes interest rates. The Fed is raising rates to purposefully slow economic growth to help cool inflation, but could potentially go too far and bring on a recession. Also Read| Wall Street enters bear market: What does it mean for investors,Kohl's dove 19.6% after the department store's potential sales fell apart amid the shaky retail environment as consumers lose confidence and cut spending. Kohl’s had entered exclusive talks with Franchise Group, the owner of Vitamin Shop and other retail outlets, for a deal that was potentially worth about $8 billion. Also Read| Why US inflation is going up and when will it come down,Other retailers, restaurant chains and companies that rely on direct consumer spending helped lead the market rally. Amazon rose 3.2%, Home Depot gained 1.8% and Starbucks rose 3.8%. Banks and health care stocks also notched gains. Wells Fargo rose 1.9% and Johnson \u0026 Johnson closed 1.1% higher. Also Read| Explained: Impact of MPC meeting on stock market,Technology stocks largely bounced back from their broad morning slump, though many still closed lower. Chipmaker Micron slid 3% after giving investors a disappointing profit forecast amid concerns about falling demand. That weighed heavily on other chipmakers. Nvidia fell 4.2% and Qualcomm lost 3.3%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Kohl,Johnson,Dow Jones,Nasdaq,Dow,Russell,U.S.,the Federal Reserve,Fed,Franchise Group,Vitamin Shop,Amazon,Home Depot,Starbucks,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-07-04T09:10:00+05:30"}},{"node":{"id":"h4BE7QdDwFzK","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-friday-7","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-friday-691733/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-01T21:18:17+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite fell 22.18 points or 0.20% to 11,006.56\u003c/li\u003e\n \u003cli\u003eUS financial markets will be closed on Monday for Independence Day\u003c/li\u003e\n \u003cli\u003eEnergy and technology stocks were among the major laggards\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656690498503,\\\"strCount\\\":3782,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell marginally in morning trading on Wall Street\\\\nFriday, extending a falling streak as markets worry about high inflation and\\\\nthe possibility that \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003ehigher interest rates\u003c/a\u003e could bring on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell13.33 points or 0.35% to 3,772.05 as of\\\\n10:20 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 148.72\\\\npoints or 0.48% to 30,626.71. The Nasdaq Composite fell 22.18 points or 0.20%\\\\nto 11,006.56.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/microsoft-launches-carbon-removal-effort-with-research-initiative-691586/\\\\\\\"\u003eMicrosoft launches carbon removal effort with research initiative\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market is seeing a deep slump. On Thursday, the S\u0026amp;P\\\\n500 closed its worst quarter since the starting of the pandemic in early 2020.\\\\nIts performance in the first six months of 2022 was the worst since the first\\\\nhalf of 1970.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The benchmark has been in a \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003ebear market\u003c/a\u003e since last month,\\\\nwhich means an extended decline of 20% or more from its most recent peak. It is\\\\nnow 21% down from the highest level it touched at the beginning of this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/fast-track-to-surveillance-european-regulators-to-google-690752/\\\\\\\"\u003eFast track to surveillance: European regulators to Google\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest fall precedes a long holiday weekend. \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e financial markets will be closed on Monday for Independence Day.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy and technology stocks were among the major laggards\\\\non Friday. Hess fell 2.4% and chipmaker Micron slid 5.6% after giving investors\\\\na disappointing profit outlook.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers and other companies that depend directly on\\\\nconsumer spending made solid gains. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e jumped 1.3% and \u003ca href=\\\\\\\"https://opoyi.com/topics/starbucks/\\\\\\\"\u003eStarbucks\u003c/a\u003e added\\\\n2.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/why-silicon-valley-has-been-silent-on-roe-v-wade-691432/\\\\\\\"\u003eWhy Silicon Valley has been silent on Roe v. Wade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields declined significantly. The yield on the\\\\n10-year Treasury, which helps set mortgage rates, slipped to 2.84% from 2.97%\\\\nlast Thursday. The yield on the two-year Treasury fell to 2.80% from 2.92%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors remain concerned about the risk of a recession as\\\\neconomic growth slows and the Federal Reserve aggressively hikes interest\\\\nrates. The central bank is raising interest rates to intentionally slow\\\\neconomic growth to help control inflation, but could potentially go too far and\\\\nlead to a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/crypto-news-daily-bitcoin-data-and-price-analysis-for-july-1-2022-691380/\\\\\\\"\u003eCrypto news daily: Bitcoin data and price analysis for July 1, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Economic data over the last few weeks have shown that\\\\ninflation remains high and the economy is slowing. It has raised hopes on Wall\\\\nStreet that the Fed will eventually ease off its aggressive policy to raise\\\\nrates, which have been weighing on stocks, especially pricier sectors like\\\\ntechnology. Analysts don’t anticipate much of a rally for stocks until there\\\\nare solid signs that inflation is cooling.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/reliance-industries-share-falls-nearly-9-as-govt-levies-export-duty-on-fuel-691381/\\\\\\\"\u003eReliance Industries share falls nearly 9% as govt levies export duty on fuel\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the latest data, the manufacturing sector\\\\nshows a continued slowdown in growth in June that was sharper than economists\\\\nexpected. A report on Thursday showed that a measure of inflation that is\\\\nclosely watched by the Fed rose 6.3% in May from a year-ago period, unchanged\\\\nfrom its level in April.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Starbucks","slug":"starbucks","id":"ReQdpcd6Ja43","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-01T21:18:16+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell marginally in morning trading on Wall Street Friday, extending a falling streak as markets worry about high inflation and the possibility that higher interest rates could bring on a recession. The S\u0026P 500 fell13.33 points or 0.35% to 3,772.05 as of 10:20 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 148.72 points or 0.48% to 30,626.71. The Nasdaq Composite fell 22.18 points or 0.20% to 11,006.56. Also Read | Microsoft launches carbon removal effort with research initiative,The market is seeing a deep slump. On Thursday, the S\u0026P 500 closed its worst quarter since the starting of the pandemic in early 2020. Its performance in the first six months of 2022 was the worst since the first half of 1970. The benchmark has been in a bear market since last month, which means an extended decline of 20% or more from its most recent peak. It is now 21% down from the highest level it touched at the beginning of this year. Also Read | Fast track to surveillance: European regulators to Google,The latest fall precedes a long holiday weekend. US financial markets will be closed on Monday for Independence Day. Energy and technology stocks were among the major laggards on Friday. Hess fell 2.4% and chipmaker Micron slid 5.6% after giving investors a disappointing profit outlook. Retailers and other companies that depend directly on consumer spending made solid gains. Amazon jumped 1.3% and Starbucks added 2.7%. Also Read | Why Silicon Valley has been silent on Roe v. Wade,Bond yields declined significantly. The yield on the 10-year Treasury, which helps set mortgage rates, slipped to 2.84% from 2.97% last Thursday. The yield on the two-year Treasury fell to 2.80% from 2.92%. Investors remain concerned about the risk of a recession as economic growth slows and the Federal Reserve aggressively hikes interest rates. The central bank is raising interest rates to intentionally slow economic growth to help control inflation, but could potentially go too far and lead to a recession. Also Read | Crypto news daily: Bitcoin data and price analysis for July 1, 2022,Economic data over the last few weeks have shown that inflation remains high and the economy is slowing. It has raised hopes on Wall Street that the Fed will eventually ease off its aggressive policy to raise rates, which have been weighing on stocks, especially pricier sectors like technology. Analysts don’t anticipate much of a rally for stocks until there are solid signs that inflation is cooling. ,Also Read | Reliance Industries share falls nearly 9% as govt levies export duty on fuel,According to the latest data, the manufacturing sector shows a continued slowdown in growth in June that was sharper than economists expected. A report on Thursday showed that a measure of inflation that is closely watched by the Fed rose 6.3% in May from a year-ago period, unchanged from its level in April.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Fed,Wal Street,US,Micron,Amazon,Starbucks,the Federal Reserve,early trade, stock market, Nasdaq, Dow jones, S\u0026P 500,Hess, Micron,Inflation","originalPublishedOn":"2022-07-01T21:18:16+05:30"}},{"node":{"id":"585w4a5YPY3c","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-thursday-5","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-thursday-691181/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-01T09:05:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 33.45 points, or 0.9%, to 3,785.38\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 253.88 points, or 0.8%, to 30,775.43\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 149.16 points, or 1.3%, to 11,028.74\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 11.38 points, or 0.7%, to 1,707.99\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656641912393,\\\"strCount\\\":3266,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell more on Wall Street on Thursday, as the market finished its worst quarter since the pandemic began in early 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 0.9% for the fourth time in a row. The benchmark index is currently down 21% from its all-time high at the start of the year. It entered a bear market in early June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-10-690896/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Overall, the performance of the S\u0026amp;P 500 in the first half of 2022 was the weakest since the first six months of 1970.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market's rapid slide this year has almost completely erased its gains from 2021 when it recovered from its previous bear market in early 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-walgreens-xerox-biontech-and-other-stocks-making-biggest-moves-690798/\\\\\\\"\u003eUS Premarket: Walgreens, Xerox, BioNTech and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Rising inflation has been behind much of the slump for the broader market this year as businesses raise prices on everything from food to clothing and consumers are squeezed tighter. Inflation remains stubbornly hot, according to a series of recent economic updates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/crypto-tax-all-you-need-to-know-about-1-percent-tds-that-will-be-charged-from-july-690471/\\\\\\\"\u003eCrypto tax: All you need to know about 1% TDS that will be charged from July 1\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 33.45 points to 3,785.38 Thursday. It lost 16.4% in the April-June quarter, its biggest quarterly decline since it slumped 20% in the first three months of 2020, when the pandemic upended the global economy in a matter of weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fell 253.88 points, or 0.8%, to 30,775.43. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e slid 149.16 points, or 1.3%, to 11,028.74.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks also fell. The Russell 2000 lost 11.38 points, or 0.7%, to 1,707.99.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/coca-cola-loses-bid-to-revoke-indian-soft-drink-trademarks-in-us-690429/\\\\\\\"\u003eCoca-Cola loses bid to revoke Indian soft drink trademarks in US\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which helps set mortgage rates, fell to 3.01% from 3.09% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology companies were among the biggest weights on the market, as investors continued to favour utilities and other traditional defensive stocks. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e fell 1.8%, while Exelon rose 2.2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/pallonji-mistry-all-you-need-to-know-about-the-phantom-of-bombay-house-689997/\\\\\\\"\u003ePallonji Mistry: All you need to know about the 'phantom of Bombay house'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers and other companies that rely directly on consumer spending also posted some of the biggest losses, as they have all year. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e slipped 2.5% and Best Buy shed 2.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors got another update on inflation Thursday. A measure of inflation that is closely tracked by the Fed rose 6.3% in May from a year earlier, unchanged from its level in April. The report from the Commerce Department also said that consumer spending rose at a sluggish 0.2% rate from April to May.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-01T09:05:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell more on Wall Street on Thursday, as the market finished its worst quarter since the pandemic began in early 2020. The S\u0026P 500 lost 0.9% for the fourth time in a row. The benchmark index is currently down 21% from its all-time high at the start of the year. It entered a bear market in early June. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday,Overall, the performance of the S\u0026P 500 in the first half of 2022 was the weakest since the first six months of 1970. The market's rapid slide this year has almost completely erased its gains from 2021 when it recovered from its previous bear market in early 2020. Also Read| US Premarket: Walgreens, Xerox, BioNTech and other stocks making biggest moves,Rising inflation has been behind much of the slump for the broader market this year as businesses raise prices on everything from food to clothing and consumers are squeezed tighter. Inflation remains stubbornly hot, according to a series of recent economic updates. Also Read| Crypto tax: All you need to know about 1% TDS that will be charged from July 1,The S\u0026P 500 fell 33.45 points to 3,785.38 Thursday. It lost 16.4% in the April-June quarter, its biggest quarterly decline since it slumped 20% in the first three months of 2020, when the pandemic upended the global economy in a matter of weeks. The Dow Jones Industrial Average fell 253.88 points, or 0.8%, to 30,775.43. The Nasdaq slid 149.16 points, or 1.3%, to 11,028.74. Small-company stocks also fell. The Russell 2000 lost 11.38 points, or 0.7%, to 1,707.99. Also Read| Coca-Cola loses bid to revoke Indian soft drink trademarks in US,The yield on the 10-year Treasury, which helps set mortgage rates, fell to 3.01% from 3.09% late Wednesday. Technology companies were among the biggest weights on the market, as investors continued to favour utilities and other traditional defensive stocks. Apple fell 1.8%, while Exelon rose 2.2%. Also Read| Pallonji Mistry: All you need to know about the 'phantom of Bombay house',Retailers and other companies that rely directly on consumer spending also posted some of the biggest losses, as they have all year. Amazon slipped 2.5% and Best Buy shed 2.9%. Investors got another update on inflation Thursday. A measure of inflation that is closely tracked by the Fed rose 6.3% in May from a year earlier, unchanged from its level in April. The report from the Commerce Department also said that consumer spending rose at a sluggish 0.2% rate from April to May.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the S 500,Nasdaq,Russell,Treasury,Apple,Amazon,Fed,the Commerce Department","originalPublishedOn":"2022-07-01T09:05:00+05:30"}},{"node":{"id":"lqSQOfX5U6fn","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-10","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-10-690896/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-30T21:15:27+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite fell 289.58 points or 2.59% to 10,888.31\u003c/li\u003e\n \u003cli\u003eThe yield on the 10-year Treasury slipped to 3.02% from 3.09% late Wednesday\u003c/li\u003e\n \u003cli\u003eUS crude oil prices slipped 3.4%, but are still up 43% in 2022\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656603928456,\\\"strCount\\\":4670,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell sharply in early trading on \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e Thursday and are moving to cap off their worst quarter since the early days of the pandemic. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 68.72 points or 1.80% as of 10:19 a.m. Eastern time zone. The benchmark index has been on a falling streak that dragged it into a \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003ebear market\u003c/a\u003e earlier this month and is now down 21% for the year. It is close to ending its worst quarter since the beginning of 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/substack-fires-14-of-its-work-force-690755/\\\\\\\"\u003eSubstack fires 14% of its work force\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fell 503.28 points or 1.62% to 30,526.03. The Nasdaq Composite fell 289.58 points or 2.59% to 10,888.31. Small-company stocks also fell. The Russell 2000 slipped 1.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/amazons-cashierless-systems-data-to-be-shared-with-brands-690741/\\\\\\\"\u003eAmazon’s cashierless systems: Data to be shared with brands\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which helps decide mortgage rates, slipped to 3.02% from 3.09% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers and other companies that depend directly on consumer spending were posting some of the biggest losses, as they have all year. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e slid 4.8% and Target fell 3.2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/russia-approves-tax-exemptions-for-issuers-of-digital-assets-cryptocurrency-690632/\\\\\\\"\u003eRussia approves tax exemptions for issuers of digital assets, cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Soaring inflation has been the reason behind the slump for the broader market this year as businesses raise prices on every commodity from food to clothing and consumers are squeezed tighter. \u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-gun-violence-sinks-bidens-approval-rating-to-record-low-report-685905/\\\\\\\"\u003eInflation\u003c/a\u003e remains stubbornly high, according to a slew of recent economic updates and central banks have been aggressively hiking interest rates to try and slow economic growth to control inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/repo-task-force-seized-over-300-billion-in-russian-assets-after-ukraine-invasion-690455/\\\\\\\"\u003eREPO task force seized over $300 billion in Russian assets after Ukraine invasion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A measure of inflation that is closely watched by the Federal Reserve surged 6.3% in May from the year-ago period, unchanged from its level in April. The Commerce Department report on Thursday said that consumer spending rose at a sluggish 0.2% rate from April to May.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/coca-cola-loses-bid-to-revoke-indian-soft-drink-trademarks-in-us-690429/\\\\\\\"\u003eCoca-Cola loses bid to revoke Indian soft drink trademarks in US\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The update comes after a worrisome report earlier this week showing that consumer confidence slipped to its lowest level in 16 months. The government also reported that the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e economy shrank 1.6% in the first quarter and low consumer spending was a key part of that contraction.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/mcx-share-rises-4-as-fpis-are-permitted-to-trade-in-commodity-derivatives-690425/\\\\\\\"\u003eMCX share rises 4% as FPIs are permitted to trade in commodity derivatives\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors remained concerned that the US economy could slip into a recession as inflation hurt businesses and consumers. One of the major concerns is the \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eFed’s interest rate hikes\u003c/a\u003e, which could slam the brakes on economic growth too much and lead to a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/mukesh-ambanis-daughter-isha-to-be-named-chair-of-reliance-retail-report-690111/\\\\\\\"\u003eMukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The situation has become even more complex following increased supply chain issues because of COVID-19 lockdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e and Russia’s invasion of Ukraine. The \u003ca href=\\\\\\\"https://opoyi.com/world/western-leaders-would-look-disgusting-if-they-were-topless-russias-vladimir-putin-690764/\\\\\\\"\u003eRussia-Ukraine war\u003c/a\u003e prompted a rise in oil prices this year that resulted in record-high gasoline prices. The \u003ca href=\\\\\\\"https://opoyi.com/topics/opec/\\\\\\\"\u003eOPEC\u003c/a\u003e group and allied oil-producing nations decided to increase the production of crude oil, but the amount will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation hurting the global economy. US crude oil prices slipped 3.4%, but are still up 43% in 2022.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"OPEC","slug":"opec","id":"ViNiH9Fxq6Wd","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-30T21:15:26+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell sharply in early trading on Wall Street Thursday and are moving to cap off their worst quarter since the early days of the pandemic. ,The S\u0026P 500 fell 68.72 points or 1.80% as of 10:19 a.m. Eastern time zone. The benchmark index has been on a falling streak that dragged it into a bear market earlier this month and is now down 21% for the year. It is close to ending its worst quarter since the beginning of 2020. Also Read | Substack fires 14% of its work force,The Dow Jones Industrial Average fell 503.28 points or 1.62% to 30,526.03. The Nasdaq Composite fell 289.58 points or 2.59% to 10,888.31. Small-company stocks also fell. The Russell 2000 slipped 1.6%. Also Read | Amazon’s cashierless systems: Data to be shared with brands,The yield on the 10-year Treasury, which helps decide mortgage rates, slipped to 3.02% from 3.09% late Wednesday. Retailers and other companies that depend directly on consumer spending were posting some of the biggest losses, as they have all year. Amazon slid 4.8% and Target fell 3.2%. Also Read | Russia approves tax exemptions for issuers of digital assets, cryptocurrency,Soaring inflation has been the reason behind the slump for the broader market this year as businesses raise prices on every commodity from food to clothing and consumers are squeezed tighter. Inflation remains stubbornly high, according to a slew of recent economic updates and central banks have been aggressively hiking interest rates to try and slow economic growth to control inflation. Also Read | REPO task force seized over $300 billion in Russian assets after Ukraine invasion,A measure of inflation that is closely watched by the Federal Reserve surged 6.3% in May from the year-ago period, unchanged from its level in April. The Commerce Department report on Thursday said that consumer spending rose at a sluggish 0.2% rate from April to May. Also Read | Coca-Cola loses bid to revoke Indian soft drink trademarks in US,The update comes after a worrisome report earlier this week showing that consumer confidence slipped to its lowest level in 16 months. The government also reported that the US economy shrank 1.6% in the first quarter and low consumer spending was a key part of that contraction. Also Read | MCX share rises 4% as FPIs are permitted to trade in commodity derivatives,Investors remained concerned that the US economy could slip into a recession as inflation hurt businesses and consumers. One of the major concerns is the Fed’s interest rate hikes, which could slam the brakes on economic growth too much and lead to a recession. Also Read | Mukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report,The situation has become even more complex following increased supply chain issues because of COVID-19 lockdowns in China and Russia’s invasion of Ukraine. The Russia-Ukraine war prompted a rise in oil prices this year that resulted in record-high gasoline prices. The OPEC group and allied oil-producing nations decided to increase the production of crude oil, but the amount will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation hurting the global economy. US crude oil prices slipped 3.4%, but are still up 43% in 2022.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,Russia,Russell,Treasury,Amazon,Target,the Federal Reserve,Commerce Department,Fed,China,Ukraine,OPEC,US stock market, stock market, US share market, US early trade, early trade, Dow Jones, S\u0026P, Nasdaq, Crude oil prices, US Inflation","originalPublishedOn":"2022-06-30T21:15:26+05:30"}},{"node":{"id":"Divz3gVfBivJ","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-5","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-690341/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-30T09:51:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 2.72 points, or 0.1%, to 3,818.83\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 82.32 points, or 0.3%, to 31,029.31\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 3.65 points, or less than 0.1%, to 11,177.89\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 19.47 points, or 1.1%, to 1,719.37\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656562900133,\\\"strCount\\\":3888,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stock indexes finished largely lower Wednesday following another turbulent day of trading, as the market approaches its fourth monthly loss of the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After alternating between tiny gains and losses, the S\u0026amp;P 500 finished 0.1% down. The Dow Jones Industrial Average increased by 0.3%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite fell by less than 0.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/cert-in-extends-deadline-for-revised-vpn-security-rules-689946/\\\\\\\"\u003eCERT-In extends deadline for revised VPN, security rules\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Trading has been tumultuous all week, with rising concerns that the country is heading for a recession due to stubbornly high inflation and dramatically higher interest rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors bought up \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e government bonds, causing rates to fall. The 10-year Treasury yield, which impacts mortgage and other consumer lending rates, fell to 3.10% from 3.20% late Tuesday, a significant decrease.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-690081/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slipped 2.72 points to 3,818.83. With one day left to go in June, the benchmark index is down 7.6% for the month and down 20% for the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow rose 82.32 points to 31,029.31, while the Nasdaq dropped 3.65 points to 11,177.89.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks fell sharply in a signal that investors were worried about economic growth. The Russell 2000 slid 19.47 points, or 1.1%, to 1,719.37.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-tesla-carnival-nio-and-other-stocks-making-biggest-moves-689966/\\\\\\\"\u003eUS Premarket: Tesla, Carnival, Nio and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The government reported that the economy shrank at a 1.6% annual pace in the first three months of the year, its third and final estimate for GDP in the first three months of 2022. That figure was in line with previous estimates, and economists expect growth to resume later this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/bed-bath-beyond-ceo-mark-tritton-out-to-be-replaced-by-sue-gove-on-interim-basis-689970/\\\\\\\"\u003eBed Bath \u0026amp; Beyond CEO Mark Tritton out, to be replaced by Sue Gove on interim basis\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Impacts of the shift in spending are a key focus for investors as companies start to report their latest financial results. Cheerios maker General Mills climbed 6.3% for the biggest gain in the S\u0026amp;P 500 after reporting solid financial results and giving investors an encouraging forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/mukesh-ambanis-daughter-isha-to-be-named-chair-of-reliance-retail-report-690111/\\\\\\\"\u003eMukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Gains in health care and technology companies helped lift the market. Eli Lilly rose 1.7% and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e added 1.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks fell as the price of U.S. crude oil dropped 1.8%. Exxon Mobil slid 3.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-biocon-jsw-steel-infosys-and-others-in-news-today-690304/\\\\\\\"\u003eTrending Stocks: Biocon, JSW Steel, Infosys and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Industrial firms and retailers also kept the market's gains in check. FedEx fell 2.6% and Target slipped 1.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bed Bath \u0026amp; Beyond plunged 23.6% after reporting a far bigger loss than analysts expected and replacing its CEO.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-30-2022-690313/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 30, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cruise lines were among the biggest decliners in the S\u0026amp;P 500. \u003ca href=\\\\\\\"https://opoyi.com/topics/carnival/\\\\\\\"\u003eCarnival\u003c/a\u003e slid 14.1%, Royal Caribbean dropped 10.3% and Norwegian Cruise Line fell 9.3%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"carnival","slug":"carnival","id":"sRDSH992H1Oi","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-30T09:51:40+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stock indexes finished largely lower Wednesday following another turbulent day of trading, as the market approaches its fourth monthly loss of the year. After alternating between tiny gains and losses, the S\u0026P 500 finished 0.1% down. The Dow Jones Industrial Average increased by 0.3%, while the Nasdaq Composite fell by less than 0.1%. Also Read| CERT-In extends deadline for revised VPN, security rules,Trading has been tumultuous all week, with rising concerns that the country is heading for a recession due to stubbornly high inflation and dramatically higher interest rates. Investors bought up US government bonds, causing rates to fall. The 10-year Treasury yield, which impacts mortgage and other consumer lending rates, fell to 3.10% from 3.20% late Tuesday, a significant decrease. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday,The S\u0026P 500 slipped 2.72 points to 3,818.83. With one day left to go in June, the benchmark index is down 7.6% for the month and down 20% for the year. The Dow rose 82.32 points to 31,029.31, while the Nasdaq dropped 3.65 points to 11,177.89. Small-company stocks fell sharply in a signal that investors were worried about economic growth. The Russell 2000 slid 19.47 points, or 1.1%, to 1,719.37. Also Read| US Premarket: Tesla, Carnival, Nio and other stocks making biggest moves,The government reported that the economy shrank at a 1.6% annual pace in the first three months of the year, its third and final estimate for GDP in the first three months of 2022. That figure was in line with previous estimates, and economists expect growth to resume later this year. Also Read| Bed Bath \u0026 Beyond CEO Mark Tritton out, to be replaced by Sue Gove on interim basis,Impacts of the shift in spending are a key focus for investors as companies start to report their latest financial results. Cheerios maker General Mills climbed 6.3% for the biggest gain in the S\u0026P 500 after reporting solid financial results and giving investors an encouraging forecast. Also Read| Mukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report,Gains in health care and technology companies helped lift the market. Eli Lilly rose 1.7% and Microsoft added 1.5%. Energy stocks fell as the price of U.S. crude oil dropped 1.8%. Exxon Mobil slid 3.7%. Also Read| Trending Stocks: Biocon, JSW Steel, Infosys and others in news today,Industrial firms and retailers also kept the market's gains in check. FedEx fell 2.6% and Target slipped 1.8%. Bed Bath \u0026 Beyond plunged 23.6% after reporting a far bigger loss than analysts expected and replacing its CEO. Also Read| Trade Setup: Top 15 things to know before market opens on June 30, 2022,Cruise lines were among the biggest decliners in the S\u0026P 500. Carnival slid 14.1%, Royal Caribbean dropped 10.3% and Norwegian Cruise Line fell 9.3%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,Treasury,Nasdaq,Russell,General Mills,Eli Lilly,Microsoft,U.S.,Exxon Mobil,Target,Carnival,Royal Caribbean,Norwegian Cruise Line","originalPublishedOn":"2022-06-30T09:51:40+05:30"}},{"node":{"id":"2QEefqeDmnis","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-7","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-690081/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-29T21:37:05+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq fell 46.19 points or 0.41% to 11,135.35\u003c/li\u003e\n \u003cli\u003eThe yield on the 10-year Treasury note fell to 3.13%\u003c/li\u003e\n \u003cli\u003eBed Bath and Beyond slumped 21% after reporting a wider-than-expected loss\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656518823603,\\\"strCount\\\":4182,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks moved between gains and losses during the morning\\\\ntrade on Wall Street Wednesday, keeping the market on track for its fourth\\\\nmonthly loss this year. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was down 8.56 points or 0.22% to 3,812.99\\\\nas of 10.19 a.m. Eastern time zone. The benchmark index has been volatile all\\\\nweek and is down 20% for the year as investors remained concerned about\\\\n\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003einflation\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003erising interest rate\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/who-was-darrell-freeman-nashville-entrepreneur-dead-at-57-690021/\\\\\\\"\u003eWho was Darrell Freeman, Nashville entrepreneur dead at 57?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average rose 23.00 points or\\\\n0.074% to 30,969.99. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e fell 46.19 points or 0.41% to 11,135.35.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/bed-bath-beyond-ceo-mark-tritton-out-to-be-replaced-by-sue-gove-on-interim-basis-689970/\\\\\\\"\u003eBed Bath and Beyond\u003c/a\u003e slumped 21% after reporting a\\\\nwider-than-expected loss and replacing its CEO. The yield on the 10-year\\\\nTreasury note fell to 3.13%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-tesla-carnival-nio-and-other-stocks-making-biggest-moves-689966/\\\\\\\"\u003eUS Premarket: Tesla, Carnival, Nio and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The government said that the economy shrank at a 1.6%\\\\nannual pace in the first three months of the year, its third and final estimate\\\\nfor GDP in the first three months of 2022. That data was in line with previous\\\\nestimates, and economists expect growth to resume later this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors have been closely reviewing economic data as they\\\\ntry to determine how deeply inflation is affecting consumers and businesses,\\\\nwhile also watching the Federal Reserve’s aggressive shift to raise interest\\\\nrates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-us-added-five-companies-in-china-to-trade-blacklist-689869/\\\\\\\"\u003eWhy US added five companies in China to trade blacklist\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve is raising interest rates in a bid to\\\\nslow economic growth enough to temper inflation, but Wall Street is wary that\\\\nthe Fed could go too far and push the economy into a recession. Those worries\\\\nhave been increased by a series of reports showing a slowdown in retail sales\\\\nand other indicators.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indian-leaders-mourn-death-of-phantom-of-bombay-house-pallonji-mistry-689599/\\\\\\\"\u003eIndian leaders mourn death of 'Phantom of Bombay House' Pallonji Mistry\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Persisting supply chain issues and a sharp jump in demand\\\\nas the pandemic faded sparked a rise in inflation. It has grown worse through\\\\nthe year as supply problems worsened amid new lockdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e to help\\\\ncontrol COVID-19 cases. The Russia-Ukraine war has sent energy prices higher\\\\nand resulted in record-high gasoline prices that have been eating away at\\\\nconsumers’ pockets.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-after-rallying-for-3-days-689648/\\\\\\\"\u003eOil prices fall after three-day rally\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Consumers have shifted spending from discretionary items\\\\nlike electronics to necessities as inflation rises to an all-time high. The\\\\nweaker-than-expected consumer confidence reading on Tuesday showed that\\\\npersistently high inflation was making Americans more pessimistic about both\\\\nthe present and future.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The impact of the shift in consumer spending is a key\\\\nconcern for investors as companies start to report their latest financial\\\\nresults. General Mills surged 5.2% after reporting strong financial results and\\\\ngiving investors an encouraging forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/tesla-and-spacex-ceo-elon-musks-most-controversial-and-offbeat-moments-688862/\\\\\\\"\u003eTesla and SpaceX CEO Elon Musk's most controversial and offbeat moments\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Health care firms gained ground. \u003ca href=\\\\\\\"https://opoyi.com/topics/pfizer/\\\\\\\"\u003ePfizer\u003c/a\u003e added 1%.\\\\nIndustrial companies and retailers fell. FedEx slipped 4% and Target fell 1.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury declined to 3.13% from\\\\n3.20% late Tuesday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"GDP","slug":"gdp","id":"sdLvX0aD0qHh","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Pfizer","slug":"pfizer","id":"8RvHqXaF9KyL","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Education","slug":"education","id":"pDJ4XmrPLztN","isSection":1},{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-29T21:37:04+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks moved between gains and losses during the morning trade on Wall Street Wednesday, keeping the market on track for its fourth monthly loss this year. ,The S\u0026P 500 was down 8.56 points or 0.22% to 3,812.99 as of 10.19 a.m. Eastern time zone. The benchmark index has been volatile all week and is down 20% for the year as investors remained concerned about inflation and rising interest rate. Also Read | Who was Darrell Freeman, Nashville entrepreneur dead at 57?,The Dow Jones Industrial Average rose 23.00 points or 0.074% to 30,969.99. The Nasdaq fell 46.19 points or 0.41% to 11,135.35. Bed Bath and Beyond slumped 21% after reporting a wider-than-expected loss and replacing its CEO. The yield on the 10-year Treasury note fell to 3.13%. Also Read | US Premarket: Tesla, Carnival, Nio and other stocks making biggest moves,The government said that the economy shrank at a 1.6% annual pace in the first three months of the year, its third and final estimate for GDP in the first three months of 2022. That data was in line with previous estimates, and economists expect growth to resume later this year. Investors have been closely reviewing economic data as they try to determine how deeply inflation is affecting consumers and businesses, while also watching the Federal Reserve’s aggressive shift to raise interest rates. Also Read | Why US added five companies in China to trade blacklist,The Federal Reserve is raising interest rates in a bid to slow economic growth enough to temper inflation, but Wall Street is wary that the Fed could go too far and push the economy into a recession. Those worries have been increased by a series of reports showing a slowdown in retail sales and other indicators. Also Read | Indian leaders mourn death of 'Phantom of Bombay House' Pallonji Mistry,Persisting supply chain issues and a sharp jump in demand as the pandemic faded sparked a rise in inflation. It has grown worse through the year as supply problems worsened amid new lockdowns in China to help control COVID-19 cases. The Russia-Ukraine war has sent energy prices higher and resulted in record-high gasoline prices that have been eating away at consumers’ pockets. Also Read | Oil prices fall after three-day rally,Consumers have shifted spending from discretionary items like electronics to necessities as inflation rises to an all-time high. The weaker-than-expected consumer confidence reading on Tuesday showed that persistently high inflation was making Americans more pessimistic about both the present and future. The impact of the shift in consumer spending is a key concern for investors as companies start to report their latest financial results. General Mills surged 5.2% after reporting strong financial results and giving investors an encouraging forecast. Also Read | Tesla and SpaceX CEO Elon Musk's most controversial and offbeat moments,Health care firms gained ground. Pfizer added 1%. Industrial companies and retailers fell. FedEx slipped 4% and Target fell 1.4%. The yield on the 10-year Treasury declined to 3.13% from 3.20% late Tuesday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,The S 500,Nasdaq,the Federal Reserve,The Federal Reserve,China,Russia,Americans,General Mills,Pfizer,Target,Stock market, US Stock market, US Early trade, Share market, NASDAQ, dow jones, S\u0026P 500,Us inflation, GDP","originalPublishedOn":"2022-06-29T21:37:04+05:30"}},{"node":{"id":"JE8AZlkyc9z0","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-1-down-on-tuesday-1","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-1-down-on-tuesday-689481/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 1% down on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-29T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 78.56 points, or 2%, to 3,821.55\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 491.27 points, or 1.6%, to 30,946.99\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 343.01 points, or 3%, to 11,181.54\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 32.90 points, or 1.9%, to 1,738.84\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656467052018,\\\"strCount\\\":3608,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks finished widely down on Wall Street on Tuesday after a dismal reading of \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e consumer sentiment fueled investors' concerns that dramatically higher interest rates and widespread inflation might cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 finished 2% down, erasing a 1.2% gain earlier in the day. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average sank 1.6%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite plummeted 3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-nike-spirit-roivant-and-other-stocks-making-biggest-moves-689116/\\\\\\\"\u003eUS Premarket: Nike, Spirit, Roivant and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Approximately 85% of the equities in the benchmark S\u0026amp;P 500 finished in the red. Stocks in technology, communications, and health care contributed significantly to the fall. Retailers and other businesses that rely on direct consumer spending also contributed to the index's decline. Energy stocks, the only sector in the index to notch gains this year, rose as crude oil prices headed higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-29-2022-689440/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 29, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The indexes got off to a solid start, but the gains faded by midday after the Conference Board reported that its consumer confidence index fell in June to its lowest level in more than a year. The decline was driven largely by concerns over inflation, including rising prices for gas and food. The results were also much weaker than economists expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 78.56 points to 3,821.55, while the Dow dropped 491.27 points to 30,946.99. The tech-heavy Nasdaq slid 343.01 points to 11,181.54.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-tata-steel-glenmark-sbi-and-others-in-news-today-689431/\\\\\\\"\u003eTrending Stocks: Tata Steel, Glenmark, SBI and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also fell. The Russell 2000 gave up 32.90 points, or 1.9%, at 1,738.84. The indexes are all on pace to for losses of 6% or more in June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Athletic footwear and apparel giant \u003ca href=\\\\\\\"https://opoyi.com/topics/nike/\\\\\\\"\u003eNike\u003c/a\u003e fell 7% after giving investors a cautious update on the potential hit to revenue because of lockdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e. The company relies on China for roughly 17% of its revenue, according to FactSet.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wynn Resorts rose 3.2% and Las Vegas Sands added 4%. The companies, which have major gambling businesses in China, got a boost after China eased a quarantine requirement for people arriving from abroad.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and communications companies were among the biggest losers Tuesday. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 3.2% and \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e dropped 3%. \u003ca href=\\\\\\\"https://opoyi.com/topics/google/\\\\\\\"\u003eGoogle\u003c/a\u003e parent Alphabet slid 3.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/mukesh-ambani-resigns-as-director-of-reliance-jio-son-akash-named-chairman-688931/\\\\\\\"\u003eMukesh Ambani resigns as Director of Reliance Jio, son Akash named chairman\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks made solid gains as U.S. crude oil prices rose 2%. Hess rose 5.6% for the biggest gain in the S\u0026amp;P 500.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury note, which helps set mortgage rates, held steady at 3.19%. Overseas markets rose.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Nike","slug":"nike","id":"qeu3ogTlFUVc","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"Alphabet","slug":"alphabet","id":"MhunUePZtjNr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-29T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks finished widely down on Wall Street on Tuesday after a dismal reading of US consumer sentiment fueled investors' concerns that dramatically higher interest rates and widespread inflation might cause a recession. The S\u0026P 500 finished 2% down, erasing a 1.2% gain earlier in the day. The Dow Jones Industrial Average sank 1.6%, while the Nasdaq Composite plummeted 3%. Also Read| US Premarket: Nike, Spirit, Roivant and other stocks making biggest moves,Approximately 85% of the equities in the benchmark S\u0026P 500 finished in the red. Stocks in technology, communications, and health care contributed significantly to the fall. Retailers and other businesses that rely on direct consumer spending also contributed to the index's decline. Energy stocks, the only sector in the index to notch gains this year, rose as crude oil prices headed higher. Also Read| Trade Setup: Top 15 things to know before market opens on June 29, 2022,The indexes got off to a solid start, but the gains faded by midday after the Conference Board reported that its consumer confidence index fell in June to its lowest level in more than a year. The decline was driven largely by concerns over inflation, including rising prices for gas and food. The results were also much weaker than economists expected. The S\u0026P 500 fell 78.56 points to 3,821.55, while the Dow dropped 491.27 points to 30,946.99. The tech-heavy Nasdaq slid 343.01 points to 11,181.54. Also Read| Trending Stocks: Tata Steel, Glenmark, SBI and others in news today,Smaller company stocks also fell. The Russell 2000 gave up 32.90 points, or 1.9%, at 1,738.84. The indexes are all on pace to for losses of 6% or more in June. Athletic footwear and apparel giant Nike fell 7% after giving investors a cautious update on the potential hit to revenue because of lockdowns in China. The company relies on China for roughly 17% of its revenue, according to FactSet. Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,Wynn Resorts rose 3.2% and Las Vegas Sands added 4%. The companies, which have major gambling businesses in China, got a boost after China eased a quarantine requirement for people arriving from abroad. Technology and communications companies were among the biggest losers Tuesday. Microsoft fell 3.2% and Apple dropped 3%. Google parent Alphabet slid 3.3%. Also Read | Mukesh Ambani resigns as Director of Reliance Jio, son Akash named chairman,Energy stocks made solid gains as U.S. crude oil prices rose 2%. Hess rose 5.6% for the biggest gain in the S\u0026P 500. The yield on the 10-year Treasury note, which helps set mortgage rates, held steady at 3.19%. Overseas markets rose.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"China,US,the Conference Board,Dow,Nasdaq,Nike,Wynn Resorts,Las Vegas Sands,Microsoft,Apple,Google,Alphabet,U.S.","originalPublishedOn":"2022-06-29T08:30:00+05:30"}},{"node":{"id":"s6u5PzKIwKZT","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-monday-2","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-monday-688602/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-29T07:08:43+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 11.63 points, or 0.3%, to 3,900.11\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 62.42 points, or 0.2%, to 31,438.26\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 83.07 points, or 0.7%, to 11,524.55\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 6.01 points, or 0.3%, to 1,771.74\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656381017740,\\\"strCount\\\":3033,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street ended a shaky trading day on a mixed note Monday, giving up some of the market's gains after a record-winning week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 0.3% after fluctuating between minor gains and losses all day. The Dow Jones Industrial Average dipped 0.2%, while the Nasdaq dropped 0.7%. Small-company shares climbed, while the New York Stock Exchange saw more equities rise than fall.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-10-688351/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Monday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 dropped 11.63 points to 3,900.11. The Dow fell 62.42 points to 31,438.26 points, while the Nasdaq down 83.07 points to 11,524.55.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller firm equities outperformed the broader market. The Russell 2000 index increased by 6.01 points, or 0.3%, to 1,771.74.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets also ended up mixed. \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e markets closed higher overnight.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-spirit-coinbase-biontech-and-other-stocks-making-biggest-moves-688276/\\\\\\\"\u003eUS Premarket: Spirit, Coinbase, BioNTech and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and communication stocks were among the biggest drag on the market. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 1%, while Electronic Arts slid 3.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several big retailers and travel-related companies also fell. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/carnival/\\\\\\\"\u003eCarnival\u003c/a\u003e each fell 2.085%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Those losses checked gains elsewhere in the market, including energy stocks, which rose as the price of U.S. crude oil climbed 1.8%. Exxon Mobil rose 2.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-28-2022-688558/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 28, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/robinhood/\\\\\\\"\u003eRobinhood\u003c/a\u003e Markets jumped 14% following a published report suggesting that cryptocurrency exchange FTX is considering buying the popular trading app company. In May, FTX CEO Samuel Bankman-Fried bought a 7.6% stake in Robinhood, according to a filing with U.S. regulators.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-bajaj-auto-cipla-bank-of-baroda-and-others-in-news-today-688564/\\\\\\\"\u003eTrending Stocks: Bajaj Auto, Cipla, Bank of Baroda and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields rose. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 3.20% from 3.12% late Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-tuesday-june-28-2022-688566/\\\\\\\"\u003eStocks that should be on your watchlist on Tuesday, June 28, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market rally last week was a welcome relief in the midst of a deep slump for Wall Street as investors worry about the path of inflation and whether rising interest rates will temper the impact to businesses and consumers or push the economy into a recession.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"carnival","slug":"carnival","id":"sRDSH992H1Oi","isSection":0},{"name":"Robinhood","slug":"robinhood","id":"hyzxnxS91BzS","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-28T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street ended a shaky trading day on a mixed note Monday, giving up some of the market's gains after a record-winning week. The S\u0026P 500 fell 0.3% after fluctuating between minor gains and losses all day. The Dow Jones Industrial Average dipped 0.2%, while the Nasdaq dropped 0.7%. Small-company shares climbed, while the New York Stock Exchange saw more equities rise than fall. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Monday,The S\u0026P 500 dropped 11.63 points to 3,900.11. The Dow fell 62.42 points to 31,438.26 points, while the Nasdaq down 83.07 points to 11,524.55. Smaller firm equities outperformed the broader market. The Russell 2000 index increased by 6.01 points, or 0.3%, to 1,771.74. European markets also ended up mixed. Asian markets closed higher overnight. Also Read| US Premarket: Spirit, Coinbase, BioNTech and other stocks making biggest moves,Technology and communication stocks were among the biggest drag on the market. Microsoft fell 1%, while Electronic Arts slid 3.5%. Several big retailers and travel-related companies also fell. Amazon and Carnival each fell 2.085%. Those losses checked gains elsewhere in the market, including energy stocks, which rose as the price of U.S. crude oil climbed 1.8%. Exxon Mobil rose 2.5%. Also Read| Trade Setup: Top 15 things to know before market opens on June 28, 2022,Robinhood Markets jumped 14% following a published report suggesting that cryptocurrency exchange FTX is considering buying the popular trading app company. In May, FTX CEO Samuel Bankman-Fried bought a 7.6% stake in Robinhood, according to a filing with U.S. regulators. Also Read| Trending Stocks: Bajaj Auto, Cipla, Bank of Baroda and others in news today,Treasury yields rose. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 3.20% from 3.12% late Friday. Also Read| Stocks that should be on your watchlist on Tuesday, June 28, 2022,The market rally last week was a welcome relief in the midst of a deep slump for Wall Street as investors worry about the path of inflation and whether rising interest rates will temper the impact to businesses and consumers or push the economy into a recession.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,Treasury,the New York Stock Exchange,Russell,European,Asian,Microsoft,Electronic Arts,Amazon,Carnival,Exxon Mobil,Robinhood Markets,FTX,Samuel Bankman-Fried,Robinhood","originalPublishedOn":"2022-06-28T08:30:00+05:30"}},{"node":{"id":"lRLdiX3WagjH","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-10","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-10-688351/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Monday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-27T21:35:13+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq fell 64.84 points or 0.6% to 11,542.78\u003c/li\u003e\n \u003cli\u003eBig technologies companies were among the heaviest weights on the market\u003c/li\u003e\n \u003cli\u003eEuropean markets were mixed and Asian markets closed higher on MondayEuropean markets were mixed and Asian markets closed higher on Monday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656345914331,\\\"strCount\\\":3437,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks declined in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Monday as the market cools down after a winning week. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 6.54 points or 0.17% to 3,905.20 as of 10:42 am Eastern time zone. The Dow Jones Industrial Average fell 72 points or 0.2% to 31,428. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e fell 64.84 points or 0.6% to 11,542.78.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/new-york-governor-kathy-hochul-to-face-a-crowded-democratic-primary-688215/\\\\\\\"\u003eNew York governor Kathy Hochul to face a crowded Democratic primary\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big technologies companies were among the heaviest weights on the market. Chipmaker Nvidia slipped 2.1%. Retailers, travel sector companies, and others that rely on direct consumer spending also fell broadly. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e fell 1.9% and \u003ca href=\\\\\\\"https://opoyi.com/topics/carnival/\\\\\\\"\u003eCarnival\u003c/a\u003e slipped 4.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets were mixed and \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e markets closed higher on Monday. Treasury yields were mostly higher. The yield on the 10-year Treasury bonds, which helps set mortgage rates, rose to 3.17% from 3.12% late Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-spirit-coinbase-biontech-and-other-stocks-making-biggest-moves-688276/\\\\\\\"\u003eUS Premarket: Spirit, Coinbase, BioNTech and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Last week, the stock settled with solid gains and the S\u0026amp;P 500 had its best day in two years on Friday. It was a welcome rally amid a deep slump for Wall Street as investors are concerned about the direction of inflation and whether rising interest rates will curb the impact on businesses and consumers or push the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-sri-lankan-government-is-sending-2-ministers-to-russia-amid-fuel-crisis-688183/\\\\\\\"\u003eWhy Sri Lankan government is sending 2 ministers to Russia amid fuel crisis\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e and other central banks have been aggressively increasing interest rates in a sharp turnaround from maintaining ultra-low rates during the virus pandemic that helped support the economy. It’s a delicate balance for the Fed, which hopes to slow down the economy, but not so much that it contracts. Higher interest rates have hurt prices for investors and have prompted much of the year's sell-off.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/atlanta-subway-worker-fatally-shot-by-customer-over-bizarre-reason-688163/\\\\\\\"\u003eAtlanta Subway worker fatally shot by customer over bizarre reason\u003c/a\u003e\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors have been watching recent reports that showed weak consumer sentiment and economic growth because that raises the possibility that the Fed will ease off its plan for aggressive rate hikes as economic growth slows. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A few more reports will be released this week that could provide more insight into inflation, economic growth, and the Fed’s path ahead.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-gun-violence-sinks-bidens-approval-rating-to-record-low-report-685905/\\\\\\\"\u003eInflation, gun violence sinks Biden's approval rating to record low: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"US crude oil prices were relatively stable on Monday, but are higher than 40% for the year. Prices for wheat and corn have also increased.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-27T21:35:12+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks declined in morning trading on Wall Street Monday as the market cools down after a winning week. ,The S\u0026P 500 fell 6.54 points or 0.17% to 3,905.20 as of 10:42 am Eastern time zone. The Dow Jones Industrial Average fell 72 points or 0.2% to 31,428. The Nasdaq fell 64.84 points or 0.6% to 11,542.78. Also Read | New York governor Kathy Hochul to face a crowded Democratic primary,Big technologies companies were among the heaviest weights on the market. Chipmaker Nvidia slipped 2.1%. Retailers, travel sector companies, and others that rely on direct consumer spending also fell broadly. Amazon fell 1.9% and Carnival slipped 4.9%. European markets were mixed and Asian markets closed higher on Monday. Treasury yields were mostly higher. The yield on the 10-year Treasury bonds, which helps set mortgage rates, rose to 3.17% from 3.12% late Friday. Also Read | US Premarket: Spirit, Coinbase, BioNTech and other stocks making biggest moves,Last week, the stock settled with solid gains and the S\u0026P 500 had its best day in two years on Friday. It was a welcome rally amid a deep slump for Wall Street as investors are concerned about the direction of inflation and whether rising interest rates will curb the impact on businesses and consumers or push the economy into a recession. Also Read | Why Sri Lankan government is sending 2 ministers to Russia amid fuel crisis,The Federal Reserve and other central banks have been aggressively increasing interest rates in a sharp turnaround from maintaining ultra-low rates during the virus pandemic that helped support the economy. It’s a delicate balance for the Fed, which hopes to slow down the economy, but not so much that it contracts. Higher interest rates have hurt prices for investors and have prompted much of the year's sell-off. Also Read | Atlanta Subway worker fatally shot by customer over bizarre reason ,Investors have been watching recent reports that showed weak consumer sentiment and economic growth because that raises the possibility that the Fed will ease off its plan for aggressive rate hikes as economic growth slows. ,A few more reports will be released this week that could provide more insight into inflation, economic growth, and the Fed’s path ahead. Also Read | Inflation, gun violence sinks Biden's approval rating to record low: Report,US crude oil prices were relatively stable on Monday, but are higher than 40% for the year. Prices for wheat and corn have also increased.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Treasury,Nasdaq,Chipmaker Nvidia,Amazon,Carnival,The Federal Reserve,Stock market, share market, Early trade, US Early trade, business,S\u0026P 500, Dow Jones,Inflation, US business news","originalPublishedOn":"2022-06-27T21:35:12+05:30"}},{"node":{"id":"K0GoeLnxPX7L","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-4","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-687813/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-27T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 116.01 points, or 3.1%, to 3,911.74\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 823.32 points, or 2.7%, to 31,500.68\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 375.43 points, or 3.3%, to 11,607.62\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 54.06 points, or 3.2%, to 1,765.74\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656295021411,\\\"strCount\\\":3418,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks gained further ground on Wall Street on Friday, with the S\u0026amp;P 500 having its best day in two years and just its second positive week in the previous 12 weeks, providing some respite from the market's harsh sell-off this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-686365/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The benchmark index increased by 3.1%, with technology and banking leading the way. The S\u0026amp;P 500 gained 6.4% for the week, reversing a devastating loss from the previous week, while it remains about 20% behind its early-year high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-zendesk-fedex-seagen-and-other-stocks-making-biggest-moves-686230/\\\\\\\"\u003eUS Premarket: Zendesk, FedEx, Seagen and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average gained 2.7%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite gained 3.3%. Both indices likewise reported weekly gains that more than offset their losses the previous week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks rallied this week as pressure from rising Treasury yields lets up somewhat and investors speculate the Federal Reserve may not have to be as aggressive about raising interest rates as earlier thought as it fights to control inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-27-2022-687784/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 116.01 points to 3,911.74. The Dow climbed 823.32 points to 31,500.68. The Nasdaq rose 375.43 points to 11,607.62. Smaller company stocks also rallied. The Russell 2000 rose 54.06 points, or 3.2%, to 1,765.74.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"That's helped yields in the Treasury market recede. The yield on the two-year Treasury, which tends to move with expectations for the Fed’s actions, dropped back to 3.06% from more than 3.40% in the middle of last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-zomato-dr-reddys-axis-bank-and-others-in-news-today-687781/\\\\\\\"\u003eTrending Stocks: Zomato, Dr Reddy's, Axis Bank and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which forms the bedrock for the world’s financial system, rose to 3.13% on Friday from 3.07% late Thursday. But it also has moderated after hitting 3.48% last week. It started the year just a bit above 1.50%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A separate economic report on Friday showed sales of new homes unexpectedly accelerated last month. But the trend for housing has largely been lower because it's at the leading edge of the Fed's hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-monday-june-27-2022-687778/\\\\\\\"\u003eStocks that should be on your watchlist on Monday, June 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The vast majority of Wall Street was heading in the opposite direction. More than 95% of the stocks in the S\u0026amp;P 500 closed higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Travel-related stocks were among the biggest gainers Friday. Cruise operator \u003ca href=\\\\\\\"https://opoyi.com/topics/carnival/\\\\\\\"\u003eCarnival\u003c/a\u003e rose 12.4% after it reported weaker results for its most recent quarter than analysts expected, but also said that booking trends are improving. Royal Caribbean jumped 15.8% for the biggest gain in the S\u0026amp;P 500. United Airlines rose 7.5%, while Wynn Resorts climbed 12.1%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"carnival","slug":"carnival","id":"sRDSH992H1Oi","isSection":0},{"name":"UnitedAirlines","slug":"unitedairlines","id":"1SoKYbnQo3Ye","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-27T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks gained further ground on Wall Street on Friday, with the S\u0026P 500 having its best day in two years and just its second positive week in the previous 12 weeks, providing some respite from the market's harsh sell-off this year. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday,The benchmark index increased by 3.1%, with technology and banking leading the way. The S\u0026P 500 gained 6.4% for the week, reversing a devastating loss from the previous week, while it remains about 20% behind its early-year high. Also Read| US Premarket: Zendesk, FedEx, Seagen and other stocks making biggest moves,The Dow Jones Industrial Average gained 2.7%, while the Nasdaq Composite gained 3.3%. Both indices likewise reported weekly gains that more than offset their losses the previous week. Stocks rallied this week as pressure from rising Treasury yields lets up somewhat and investors speculate the Federal Reserve may not have to be as aggressive about raising interest rates as earlier thought as it fights to control inflation. Also Read| Trade Setup: Top 13 things to know before market opens on June 27, 2022,The S\u0026P 500 rose 116.01 points to 3,911.74. The Dow climbed 823.32 points to 31,500.68. The Nasdaq rose 375.43 points to 11,607.62. Smaller company stocks also rallied. The Russell 2000 rose 54.06 points, or 3.2%, to 1,765.74. That's helped yields in the Treasury market recede. The yield on the two-year Treasury, which tends to move with expectations for the Fed’s actions, dropped back to 3.06% from more than 3.40% in the middle of last week. Also Read| Trending Stocks: Zomato, Dr Reddy's, Axis Bank and others in news today,The yield on the 10-year Treasury, which forms the bedrock for the world’s financial system, rose to 3.13% on Friday from 3.07% late Thursday. But it also has moderated after hitting 3.48% last week. It started the year just a bit above 1.50%. A separate economic report on Friday showed sales of new homes unexpectedly accelerated last month. But the trend for housing has largely been lower because it's at the leading edge of the Fed's hikes. Also Read| Stocks that should be on your watchlist on Monday, June 27, 2022,The vast majority of Wall Street was heading in the opposite direction. More than 95% of the stocks in the S\u0026P 500 closed higher. Travel-related stocks were among the biggest gainers Friday. Cruise operator Carnival rose 12.4% after it reported weaker results for its most recent quarter than analysts expected, but also said that booking trends are improving. Royal Caribbean jumped 15.8% for the biggest gain in the S\u0026P 500. United Airlines rose 7.5%, while Wynn Resorts climbed 12.1%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Fed,the Federal Reserve,Dow,Nasdaq,Carnival,Royal Caribbean,United Airlines","originalPublishedOn":"2022-06-27T09:00:00+05:30"}},{"node":{"id":"VplatVReCBok","slug":"english/who-is-dinesh-lal-yadav-popularly-known-as-nirahua","slugV2":"india/who-is-dinesh-lal-yadav-popularly-known-as-nirahua-687473/","title":"Who is Dinesh Lal Yadav, popularly known as Nirahua?","postType":1,"coverMedia":"/opoyi_3LRjHKQpz.jpg","coverCaption":"Dinesh Lal Yadav is popularly known as Nirahua. (Photo credit: Twitter.DineshLalYadav)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-26T18:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDinesh Lal Yadav won the Azamgarh Loksabha seat in the bypolls\u003c/li\u003e\n \u003cli\u003eNirahua is a Bhojpuri actor and a a well-known face on regional television\u003c/li\u003e\n \u003cli\u003eHe also sings, has been an anchor and a contestant in Bigg Boss\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656246434945,\\\"strCount\\\":2571,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Dinesh Lal Yadav, popularly known as\u0026nbsp;Nirahua, defeated\u0026nbsp;Dharmendra Yadav of the Samajwadi Party in the Azamgarh \u003ca href=\\\\\\\"https://opoyi.com/topics/loksabha/\\\\\\\"\u003eLoksabha\u003c/a\u003e seat. The votes of the bypolls conducted on June 23 are being counted on Sunday.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Azamgarh, the\u0026nbsp;seat vacated by former UP CM, \u003ca href=\\\\\\\"https://opoyi.com/topics/sp/\\\\\\\"\u003eSP\u003c/a\u003e head Akhilesh Yadav, saw a \u003ca href=\\\\\\\"https://opoyi.com/topics/bjp/\\\\\\\"\u003eBJP\u003c/a\u003e candidate win after 13 years.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/maharashtra-crisis-who-are-the-rebel-shiv-sena-ministers-on-verge-of-losing-their-posts-in-24-hours-686940/\\\\\\\"\u003eWho are the rebel Maha ministers on verge of losing their posts 'in 24 hours'?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Who is Dinesh Lal Nirahua?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A Bhojpuri actor, Dinesh Lal Yadav 'Nirahua' is a well-known face on regional television. He also sings, has been an anchor and a contestant in Bigg Boss. The 43-year-old shot to fame in 2008 after the release of 'Nirhua Rickshaw Wala'. The sequel to the Bhojpuri film came out in 2015.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"His music album 'Nirhua Satal Rahe', released in 2013, was an immediate hit.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, the actor joined politics only in 2019. He contested from the Azamgarh Lok Sabha seat in the Lok Sabha elections on a Bharatiya Janata Party (BJP) ticket. He lost to SP's Akhilesh Yadav by a margin of 259,874 votes.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/betrayed-uddhav-thackeray-refuses-to-go-gently-into-the-good-night-686723/\\\\\\\"\u003e‘Betrayed’ Uddhav Thackeray refuses to go gently into the good night\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some of his most popular films are: 'Nirhua Rikshawala', 'Nirhua Hindustani', 'Patna Se Pakistan', 'Kashi Amarnath', 'Nirhua Chalal Sasural'. He has been presented with 'Yash Bharti', the highest honour of the Government of Uttar Pradesh.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The BJP bagged one Lok Sabha and three assembly seats, while the Aam Aadmi Party suffered a setback in Punjab's Sangrur.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Hailing the BJP's victory in the two Lok Sabha bypolls in Uttar Pradesh as historic, party president J P Nadda said it reflects people's faith in public welfare policies of Prime Minister Narendra Modi and Chief Minister Yogi Adityanath.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Nadda also congratulated Tripura Chief Minister Manik Saha for his win in the assembly bypoll and also that of two other party candidates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Congratulations to Chief Minister Manik Saha for winning the assembly poll from his constituency and to all Tripura BJP leaders for winning three out of four seats in the bypolls. This is the result of your hardwork and the faith of the people in the vision of Prime Minister Narendra Modi,\\\\\\\" he said.\\\"}}]}","relatedPosts":null,"location":{"name":"Azamgarh, Uttar Pradesh, India"},"createdBy":{"name":"Yash Bajaj","photo":null,"username":"yash6711","id":"0f9O2vXwZhEr","role":null},"topics":[{"name":"DineshLalYadav","slug":"dineshlalyadav","id":"BjC0qpb7gCPo","isSection":0},{"name":"Bypolls","slug":"bypolls","id":"od0Iec0y6asQ","isSection":0},{"name":"BJP","slug":"bjp","id":"cqfihWqpWO59","isSection":0},{"name":"AkhileshYadav","slug":"akhileshyadav","id":"85mzy7p51V49","isSection":0},{"name":"LokSabha","slug":"loksabha","id":"9YkAEucTn6NK","isSection":0},{"name":"BiggBoss","slug":"biggboss","id":"VJJdDnssBG1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"SamajwadiParty","slug":"samajwadiparty","id":"dUKG5vKW405S","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Politics","slug":"politics","id":"ODQ1kqHlUPEu","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[],"translatedBy":[],"editedBy":[{"name":"Yash Bajaj","id":"0f9O2vXwZhEr","username":"yash6711","role":2,"userType":0}],"reportedBy":[],"postedBy":[],"agency":[{"id":"3","name":"PTI"}],"originalPost":null,"publishedOn":"2022-06-26T18:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Dinesh Lal Yadav, popularly known as Nirahua, defeated Dharmendra Yadav of the Samajwadi Party in the Azamgarh Loksabha seat. The votes of the bypolls conducted on June 23 are being counted on Sunday. ,Azamgarh, the seat vacated by former UP CM, SP head Akhilesh Yadav, saw a BJP candidate win after 13 years. ,Also Read: Who are the rebel Maha ministers on verge of losing their posts 'in 24 hours'?,Who is Dinesh Lal Nirahua?,A Bhojpuri actor, Dinesh Lal Yadav 'Nirahua' is a well-known face on regional television. He also sings, has been an anchor and a contestant in Bigg Boss. The 43-year-old shot to fame in 2008 after the release of 'Nirhua Rickshaw Wala'. The sequel to the Bhojpuri film came out in 2015. ,His music album 'Nirhua Satal Rahe', released in 2013, was an immediate hit. ,However, the actor joined politics only in 2019. He contested from the Azamgarh Lok Sabha seat in the Lok Sabha elections on a Bharatiya Janata Party (BJP) ticket. He lost to SP's Akhilesh Yadav by a margin of 259,874 votes. ,Also Read: ‘Betrayed’ Uddhav Thackeray refuses to go gently into the good night,Some of his most popular films are: 'Nirhua Rikshawala', 'Nirhua Hindustani', 'Patna Se Pakistan', 'Kashi Amarnath', 'Nirhua Chalal Sasural'. He has been presented with 'Yash Bharti', the highest honour of the Government of Uttar Pradesh. The BJP bagged one Lok Sabha and three assembly seats, while the Aam Aadmi Party suffered a setback in Punjab's Sangrur. ,Hailing the BJP's victory in the two Lok Sabha bypolls in Uttar Pradesh as historic, party president J P Nadda said it reflects people's faith in public welfare policies of Prime Minister Narendra Modi and Chief Minister Yogi Adityanath. Nadda also congratulated Tripura Chief Minister Manik Saha for his win in the assembly bypoll and also that of two other party candidates. Congratulations to Chief Minister Manik Saha for winning the assembly poll from his constituency and to all Tripura BJP leaders for winning three out of four seats in the bypolls. This is the result of your hardwork and the faith of the people in the vision of Prime Minister Narendra Modi, he said.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"26.0739","longitude":"83.1859","name":"Azamgarh, Uttar Pradesh, India","city":"Azamgarh"},"keywords":"Dinesh Lal Yadav,Akhilesh Yadav,BJP,Bhojpuri,Lok Sabha,the Samajwadi Party,CM,Dinesh Lal Nirahua,Bigg Boss,Nirhua Rickshaw Wala',Nirhua Satal Rahe',a Bharatiya Janata Party,SP,Nirhua Rikshawala',Kashi Amarnath'","originalPublishedOn":"2022-06-26T17:41:15+05:30"}},{"node":{"id":"ETYNPmN4rcM5","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-5","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-686365/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-24T21:37:15+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq composite was 277.33 points or 2.4% higher at 11,509.52\u003c/li\u003e\n \u003cli\u003eThe yield on the two-year Treasury has declined to 3.05%\u003c/li\u003e\n \u003cli\u003eS\u0026amp;P 500 is heading towards a 5.7% gain for the week\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656086834915,\\\"strCount\\\":3836,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks are trading higher in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Friday and it is headed for its second gaining week in the last 12 in a reprieve from its brutal sell-off this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 2% higher in early trading. It is heading towards a 5.7% gain for the week, however, it’s still around 20% below its record set early this year and hasn’t recovered this loss from the prior week, which was its worst since the early days of the 2020 coronavirus.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-supreme-court-overturns-roe-v-wade-686278/\\\\\\\"\u003eUnited States Supreme Court overturns Roe v. Wade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average was 2% up at 31,283.27 as of 10:20 a.m. Eastern time zone. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite was 277.33 points or 2.4% higher at 11,509.52.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have surged this week as pressure from rising Treasury yields lets up somewhat and investors project the \u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e may not have to be as aggressive about hiking interest rates as earlier thought.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-gun-violence-sinks-bidens-approval-rating-to-record-low-report-685905/\\\\\\\"\u003eInflation, gun violence sinks Biden's approval rating to record low: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It’s all provided some relief from Wall Street’s tumble through most of the year, caused by the Fed and other central banks pulling back the extensive support fed into markets through the pandemic. In attempts to control the decades high \u003ca href=\\\\\\\"https://opoyi.com/world/uk-inflation-rate-hits-new-40-year-high-all-you-need-to-know-684400/\\\\\\\"\u003einflation\u003c/a\u003e, central banks have increased interest rates and made other moves that hurt prices for investments and threaten to slow the economy enough to cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/joe-biden-11-us-states-join-hands-to-boost-offshore-wind-energy-685831/\\\\\\\"\u003eJoe Biden, 11 US states join hands to boost offshore wind energy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some sectors of the \u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eUS\u003c/a\u003e economy are still red-hot, particularly the jobs market, but some discouraging signals have emerged recently. According to a report by the University of Michigan, consumer sentiment fell to its lowest point, particularly affected by high inflation. Another report suggested US manufacturing and services sectors aren’t as strong as economists thought.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-tesla-cars-have-been-banned-by-police-in-berlin-685623/\\\\\\\"\u003eWhy Tesla cars have been banned by police in Berlin\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such weakening data raise concerns about the health of the economy. But they also can be good for financial markets, as paradoxical as that may seem. The weakness indicates less upward pressure on inflation, which would ultimately mean the Federal Reserve doesn’t have to hike rates so aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/facebook-pay-rebranded-to-meta-pay-to-be-wallet-for-the-metaverse-685273/\\\\\\\"\u003eFacebook Pay rebranded to Meta Pay, to be wallet for the metaverse\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the two-year Treasury, which tends to move with expectations for the Fed's actions, has declined to 3.05% from more than 3.40% in the middle of last week, though it rose Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/microsoft-to-stop-selling-ai-facial-recognition-software-685156/\\\\\\\"\u003eMicrosoft to stop selling AI facial recognition software\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which sets the bedrock of the world's financial system, rose to 3.12% on Friday from 3.07% late Thursday. Earlier this year, it more than doubled after starting 2022 a little above 1.50%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-24T21:37:14+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks are trading higher in morning trading on Wall Street Friday and it is headed for its second gaining week in the last 12 in a reprieve from its brutal sell-off this year. The S\u0026P 500 was 2% higher in early trading. It is heading towards a 5.7% gain for the week, however, it’s still around 20% below its record set early this year and hasn’t recovered this loss from the prior week, which was its worst since the early days of the 2020 coronavirus. Also Read | United States Supreme Court overturns Roe v. Wade,The Dow Jones Industrial Average was 2% up at 31,283.27 as of 10:20 a.m. Eastern time zone. The Nasdaq composite was 277.33 points or 2.4% higher at 11,509.52. Stocks have surged this week as pressure from rising Treasury yields lets up somewhat and investors project the Federal Reserve may not have to be as aggressive about hiking interest rates as earlier thought. Also read | Inflation, gun violence sinks Biden's approval rating to record low: Report,It’s all provided some relief from Wall Street’s tumble through most of the year, caused by the Fed and other central banks pulling back the extensive support fed into markets through the pandemic. In attempts to control the decades high inflation, central banks have increased interest rates and made other moves that hurt prices for investments and threaten to slow the economy enough to cause a recession. Also Read | Joe Biden, 11 US states join hands to boost offshore wind energy,Some sectors of the US economy are still red-hot, particularly the jobs market, but some discouraging signals have emerged recently. According to a report by the University of Michigan, consumer sentiment fell to its lowest point, particularly affected by high inflation. Another report suggested US manufacturing and services sectors aren’t as strong as economists thought. Also Read | Why Tesla cars have been banned by police in Berlin,Such weakening data raise concerns about the health of the economy. But they also can be good for financial markets, as paradoxical as that may seem. The weakness indicates less upward pressure on inflation, which would ultimately mean the Federal Reserve doesn’t have to hike rates so aggressively. Also Read | Facebook Pay rebranded to Meta Pay, to be wallet for the metaverse,The yield on the two-year Treasury, which tends to move with expectations for the Fed's actions, has declined to 3.05% from more than 3.40% in the middle of last week, though it rose Friday. Also Read | Microsoft to stop selling AI facial recognition software,The yield on the 10-year Treasury, which sets the bedrock of the world's financial system, rose to 3.12% on Friday from 3.07% late Thursday. Earlier this year, it more than doubled after starting 2022 a little above 1.50%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,the Federal Reserve,Fed,Nasdaq,US,US stock market, US early Trade, nasdaq, Dow Jones, S\u0026P 500, Wall Street, US inflation, US economy,Business news, USA Business news","originalPublishedOn":"2022-06-24T21:37:14+05:30"}},{"node":{"id":"d7OvqB7d0ORj","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-5","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-685894/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-24T09:39:31+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 35.84 points, or 1%, to 3,795.73\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 194.23 points, or 0.6%, to 30,677.36\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 179.11 points, or 1.6%, to 11,232.19\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 21.40 points, or 1.3%, to 1,711.67\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656043770953,\\\"strCount\\\":3308,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Equities recovered from a noon fall to finish higher on Thursday, putting the market on course for its first weekly gain after three weeks of severe losses.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market was choppy during the day as investors stayed focused on Federal Reserve Chair Jerome Powell's speech before \u003ca href=\\\\\\\"https://opoyi.com/topics/congress/\\\\\\\"\u003eCongress\u003c/a\u003e. Speaking before a House committee, Powell reiterated the Fed's goal of containing the worst inflation in four decades without causing the economy to enter a recession, but admitted that \\\\\\\"that path has gotten more and more challenging.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-685558/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 finished 1% higher after falling as much as 0.4%. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average increased by 0.6%, while the Nasdaq increased by 1.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and health care stocks drove much of the rally, outweighing losses in energy and financial companies. Bond yields mostly fell. Oil prices also fell.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-accenture-wework-revlon-and-other-stocks-making-biggest-moves-685443/\\\\\\\"\u003eUS Premarket: Accenture, WeWork, Revlon and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Trading has been turbulent in recent weeks as investors try to determine whether a recession is looming. The benchmark S\u0026amp;P 500 is currently in a bear market. That means it has dropped more than 20% from its most recent high, which was in January. The index has fallen for 10 of the last 11 weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-tata-motors-iifl-hero-motocorp-and-others-in-news-today-685813/\\\\\\\"\u003eTrending Stocks: Tata Motors, IIFL, Hero MotoCorp and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 35.84 points to 3,795.73. The index is up 3.3% so far this week. The Dow gained 194.23 points to 30,677.36. The Nasdaq added 179.11 points to 11,232.19.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also gained ground. The Russell 2000 rose 21.40 points, or 1.3%, to 1,711.67.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-friday-june-24-2022-685814/\\\\\\\"\u003eStocks that should be on your watchlist on Friday, June 24, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation remains stubbornly high, squeezing consumers with higher prices on everything from food to clothing. That has pressured people to shift spending from big-ticket items like electronics to necessities. The pressure has been worsened by record-high gasoline prices that show no sign of abating amid a supply and demand disconnect.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-14-things-to-know-before-market-opens-on-june-24-2022-685807/\\\\\\\"\u003eTrade Setup: Top 14 things to know before market opens on June 24, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big technology and health care companies did much of the heavy lifting. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e rose 2.3% and \u003ca href=\\\\\\\"https://opoyi.com/topics/johnson/\\\\\\\"\u003eJohnson\u003c/a\u003e \u0026amp; Johnson rose 2.2%. Energy stocks fell as the price of U.S. crude oil dropped 1.8%. Valero fell 7.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields fell significantly. The yield on the 10-year Treasury note, which helps set mortgage rates, fell to 3.09% from 3.15% late Wednesday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Congress","slug":"congress","id":"KGrnteP5qPtc","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-24T09:39:30+05:30","publisher":0,"sourceFeed":null,"cleanText":"Equities recovered from a noon fall to finish higher on Thursday, putting the market on course for its first weekly gain after three weeks of severe losses. The market was choppy during the day as investors stayed focused on Federal Reserve Chair Jerome Powell's speech before Congress. Speaking before a House committee, Powell reiterated the Fed's goal of containing the worst inflation in four decades without causing the economy to enter a recession, but admitted that that path has gotten more and more challenging. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Thursday,The S\u0026P 500 finished 1% higher after falling as much as 0.4%. The Dow Jones Industrial Average increased by 0.6%, while the Nasdaq increased by 1.6%. Technology and health care stocks drove much of the rally, outweighing losses in energy and financial companies. Bond yields mostly fell. Oil prices also fell. Also Read| US Premarket: Accenture, WeWork, Revlon and other stocks making biggest moves,Trading has been turbulent in recent weeks as investors try to determine whether a recession is looming. The benchmark S\u0026P 500 is currently in a bear market. That means it has dropped more than 20% from its most recent high, which was in January. The index has fallen for 10 of the last 11 weeks. Also Read| Trending Stocks: Tata Motors, IIFL, Hero MotoCorp and others in news today,The S\u0026P 500 rose 35.84 points to 3,795.73. The index is up 3.3% so far this week. The Dow gained 194.23 points to 30,677.36. The Nasdaq added 179.11 points to 11,232.19. Smaller company stocks also gained ground. The Russell 2000 rose 21.40 points, or 1.3%, to 1,711.67. Also Read| Stocks that should be on your watchlist on Friday, June 24, 2022,Inflation remains stubbornly high, squeezing consumers with higher prices on everything from food to clothing. That has pressured people to shift spending from big-ticket items like electronics to necessities. The pressure has been worsened by record-high gasoline prices that show no sign of abating amid a supply and demand disconnect. Also Read| Trade Setup: Top 14 things to know before market opens on June 24, 2022,Big technology and health care companies did much of the heavy lifting. Microsoft rose 2.3% and Johnson \u0026 Johnson rose 2.2%. Energy stocks fell as the price of U.S. crude oil dropped 1.8%. Valero fell 7.6%. Bond yields fell significantly. The yield on the 10-year Treasury note, which helps set mortgage rates, fell to 3.09% from 3.15% late Wednesday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Federal Reserve Chair,Jerome Powell's,Congress,House,Powell,Fed,Dow,Microsoft,Johnson,U.S.,Valero,Treasury","originalPublishedOn":"2022-06-24T09:39:30+05:30"}},{"node":{"id":"6QsTKF9yt0KM","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-4","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-685558/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-23T21:01:27+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite rose 66.85 points or 0.60% to 11,119.93\u003c/li\u003e\n \u003cli\u003eBig technology and health care companies led much of the gains\u003c/li\u003e\n \u003cli\u003eMajor indexes are moving towards weekly gains\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655998285450,\\\"strCount\\\":3706,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks were trading higher in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Thursday and added to gains for the week as traders remain focused on \u003ca href=\\\\\\\"https://opoyi.com/world/uk-inflation-rate-hits-new-40-year-high-all-you-need-to-know-684400/\\\\\\\"\u003esoaring inflation\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003erising interest rates\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 13.36 points or 0.36% to 3,773.25 as of 10:14 a.m. Eastern time zone. The Dow Jones Industrial Average rose 94.32 points or 0.31% to 30,577.45. The Nasdaq Composite rose 66.85 points or 0.60% to 11,119.93.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big technology and health care companies led much of the gains. \u003ca href=\\\\\\\"https://opoyi.com/technology/microsoft-to-stop-selling-ai-facial-recognition-software-685156/\\\\\\\"\u003eMicrosoft\u003c/a\u003e added 1.2% and Johnson \u0026amp; Johnson rose 1.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks slipped as \u003ca href=\\\\\\\"https://opoyi.com/world/russia-making-billions-amid-war-in-ukraine-europe-its-biggest-customer-491854/\\\\\\\"\u003eoil prices\u003c/a\u003e declined. Valero fell 2.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields declined significantly. The yield on the 10-year Treasury slipped to 3.03% from 3.15% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/facebook-pay-rebranded-to-meta-pay-to-be-wallet-for-the-metaverse-685273/\\\\\\\"\u003eFacebook Pay rebranded to Meta Pay, to be wallet for the metaverse\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Major indexes are moving towards weekly gains amid turbulent trading and a broader slump that has kept the benchmark S\u0026amp;P 500 in the red for 10 of the last 11 weeks. The stock market has gone back and forth between gains and losses as investors try to determine if a recession is imminent.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve is attempting to curb inflation’s impact with higher interest rates, but the market is concerned that it could go too far in slowing economic growth and bringing on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-sri-lanka-is-planning-for-donor-conference-with-india-china-and-japan-684431/\\\\\\\"\u003eWhy Sri Lanka is planning for donor conference with India, China and Japan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are watching Fed Chair Jerome Powell’s second day of testimony to \u003ca href=\\\\\\\"https://opoyi.com/topics/congress/\\\\\\\"\u003eCongress\u003c/a\u003e. He is testifying to a House committee Thursday, a day after testifying to a Senate committee.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday Powell said a recession was certainly a possibility as the US central bank tries to control inflation. He is speaking to Congress a week after the Fed raised its benchmark interest rate by three-quarters of a percentage point, its biggest increase in almost four decades. Fed policymakers also predict a more accelerated pace of rate hikes this year and next than they had forecasted three months ago, with its key rate to reach 3.8% by the end of 2023. That would be its highest level in 15 years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/food/kraft-macaroni-cheese-is-changing-its-name-heres-why-684709/\\\\\\\"\u003eKraft Macaroni \u0026amp; Cheese is changing its name. Here’s why\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Labor Department said fewer Americans applied for unemployment benefits last week as the US job market remains strong despite four-decade high inflation. The robust job market is a bright spot in an otherwise weakening economy, with consumer sentiment and retail sales showing increasing damage from inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-crisis-has-sounded-alarm-for-humanity-china-684734/\\\\\\\"\u003eUkraine crisis has sounded alarm for humanity: China\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Soaring inflation and weak data from various sectors of the economy remain a key fear for investors. High commodity prices have pressured consumers to shift spending from big-ticket items like electronics to necessities. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Congress","slug":"congress","id":"KGrnteP5qPtc","isSection":0},{"name":"Easter","slug":"easter","id":"6tIw80GmSjQI","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"Senate","slug":"senate","id":"Um5KTbuGxMjX","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-23T21:01:26+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks were trading higher in morning trading on Wall Street Thursday and added to gains for the week as traders remain focused on soaring inflation and rising interest rates. The S\u0026P 500 rose 13.36 points or 0.36% to 3,773.25 as of 10:14 a.m. Eastern time zone. The Dow Jones Industrial Average rose 94.32 points or 0.31% to 30,577.45. The Nasdaq Composite rose 66.85 points or 0.60% to 11,119.93. Big technology and health care companies led much of the gains. Microsoft added 1.2% and Johnson \u0026 Johnson rose 1.5%. Energy stocks slipped as oil prices declined. Valero fell 2.6%. Bond yields declined significantly. The yield on the 10-year Treasury slipped to 3.03% from 3.15% late Wednesday. Also Read | Facebook Pay rebranded to Meta Pay, to be wallet for the metaverse,Major indexes are moving towards weekly gains amid turbulent trading and a broader slump that has kept the benchmark S\u0026P 500 in the red for 10 of the last 11 weeks. The stock market has gone back and forth between gains and losses as investors try to determine if a recession is imminent. The Federal Reserve is attempting to curb inflation’s impact with higher interest rates, but the market is concerned that it could go too far in slowing economic growth and bringing on a recession. Also Read | Why Sri Lanka is planning for donor conference with India, China and Japan,Investors are watching Fed Chair Jerome Powell’s second day of testimony to Congress. He is testifying to a House committee Thursday, a day after testifying to a Senate committee. On Wednesday Powell said a recession was certainly a possibility as the US central bank tries to control inflation. He is speaking to Congress a week after the Fed raised its benchmark interest rate by three-quarters of a percentage point, its biggest increase in almost four decades. Fed policymakers also predict a more accelerated pace of rate hikes this year and next than they had forecasted three months ago, with its key rate to reach 3.8% by the end of 2023. That would be its highest level in 15 years. Also Read | Kraft Macaroni \u0026 Cheese is changing its name. Here’s why,The Labor Department said fewer Americans applied for unemployment benefits last week as the US job market remains strong despite four-decade high inflation. The robust job market is a bright spot in an otherwise weakening economy, with consumer sentiment and retail sales showing increasing damage from inflation. Also Read | Ukraine crisis has sounded alarm for humanity: China,Soaring inflation and weak data from various sectors of the economy remain a key fear for investors. High commodity prices have pressured consumers to shift spending from big-ticket items like electronics to necessities.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Congress,US,Easter,Microsoft,Johnson,Valero,Treasury,The Federal Reserve,Jerome Powell,House,Senate,The Labor Department,Americans,Early trade, US early tade, stock market, US stock market, wall street, Nasdaq, dow jones, S\u0026P 500,US inflation, Crude o","originalPublishedOn":"2022-06-23T21:01:26+05:30"}},{"node":{"id":"tHFTGzinnc2k","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-6","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-684735/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-22T21:04:15+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 191 points, or 0.6%, to 30,344\u003c/li\u003e\n \u003cli\u003eUS crude oil prices tumbled by 6.15 and weighed heavily on energy stocks\u003c/li\u003e\n \u003cli\u003eTechnology and industrial stocks also fell broadly\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655912056640,\\\"strCount\\\":3489,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks were trading lower in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e\\\\nWednesday as a sharp decline in \u003ca href=\\\\\\\"https://opoyi.com/world/russia-making-billions-amid-war-in-ukraine-europe-its-biggest-customer-491854/\\\\\\\"\u003ecrude oil\u003c/a\u003e prices pulled energy companies down.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 2.51% or 0.06% at 3,762.28 as of 10:14\\\\na.m. Eastern time zone. The Dow Jones Industrial Average fell 191 points, or\\\\n0.6%, to 30,344. The Nasdaq rose 35.61 points or 0.32% to 11,104.91.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-sri-lanka-is-planning-for-donor-conference-with-india-china-and-japan-684431/\\\\\\\"\u003eWhy Sri Lanka is planning for donor conference with India, China and Japan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude oil prices tumbled by 6.15 and weighed heavily on\\\\nenergy stocks. Chevron plunged 4.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields declined sharply. The yield on the 10-year Treasury\\\\nslipped to 3.14% from 3.30 late Tuesday. It led to a decline in bank stocks,\\\\nwhich depend on higher yields to charge more lucrative interest on loans.\\\\nCitigroup slipped 1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/making-amazon-safer-one-robot-at-a-time-684387/\\\\\\\"\u003eMaking Amazon safer, one robot at a time\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and industrial stocks also fell broadly. \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e\\\\nand European stock exchanges also turned lower.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The weak opening comes after a strong rally on Tuesday in\\\\nwhat has been a turbulent period for the broader market. The market has been\\\\nwitnessing daily and sometimes hourly swings from sharp gains to losses. That\\\\nhas been largely driven by fears of rising inflation and the Federal Reserve’s\\\\nplan to aggressively hike interest rates to curb inflation’s impact on\\\\nconsumers and businesses.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/is-elon-musk-ready-to-walk-away-from-twitter-deal-684324/\\\\\\\"\u003eIs Elon Musk ready to walk away from Twitter deal?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Federal Reserve Chair Jerome Powell outlined the Fed’s\\\\ndetermination to raise interest rates high enough to control inflation, a\\\\ncommitment that has raised concerns that the central bank’s fight against\\\\nincreasing prices could tip the economy into recession. This week, Powell is\\\\naddressing \u003ca href=\\\\\\\"https://opoyi.com/topics/congress/\\\\\\\"\u003eCongress\u003c/a\u003e, starting with the Senate Banking Committee on Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/uk-inflation-rate-hits-new-40-year-high-all-you-need-to-know-684400/\\\\\\\"\u003eUK inflation rate hits new 40-year high: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Powell’s testimony follows the Fed raising its benchmark\\\\ninterest rate by three-quarters of a percentage point, its biggest hike in\\\\naround three decades. With inflation worsening, the Fed's policymakers also\\\\nanticipated a more accelerated pace of rate hikes this year and next than they\\\\nhad predicted three months ago, with its key rate reaching 3.8% by the end of\\\\n2023. That would be its highest level in 15 years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/whats-in-us-senates-new-gun-violence-bill-684198/\\\\\\\"\u003eWhat's in US Senate's new gun violence bill?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed’s measures the coming as some disappointing signals\\\\nhave emerged about the economy, including sagging spending at the retailers and\\\\nsoured consumer sentiment\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The concerns over inflation and interest rates have been\\\\nincreased by a spike in energy and other key commodity prices following\\\\nRussia's invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"Congress","slug":"congress","id":"KGrnteP5qPtc","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-22T21:04:14+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks were trading lower in morning trading on Wall Street Wednesday as a sharp decline in crude oil prices pulled energy companies down. The S\u0026P 500 fell 2.51% or 0.06% at 3,762.28 as of 10:14 a.m. Eastern time zone. The Dow Jones Industrial Average fell 191 points, or 0.6%, to 30,344. The Nasdaq rose 35.61 points or 0.32% to 11,104.91. Also Read | Why Sri Lanka is planning for donor conference with India, China and Japan,US crude oil prices tumbled by 6.15 and weighed heavily on energy stocks. Chevron plunged 4.4%. Bond yields declined sharply. The yield on the 10-year Treasury slipped to 3.14% from 3.30 late Tuesday. It led to a decline in bank stocks, which depend on higher yields to charge more lucrative interest on loans. Citigroup slipped 1%. Also Read | Making Amazon safer, one robot at a time,Technology and industrial stocks also fell broadly. Asian and European stock exchanges also turned lower. The weak opening comes after a strong rally on Tuesday in what has been a turbulent period for the broader market. The market has been witnessing daily and sometimes hourly swings from sharp gains to losses. That has been largely driven by fears of rising inflation and the Federal Reserve’s plan to aggressively hike interest rates to curb inflation’s impact on consumers and businesses. Also Read | Is Elon Musk ready to walk away from Twitter deal?,Federal Reserve Chair Jerome Powell outlined the Fed’s determination to raise interest rates high enough to control inflation, a commitment that has raised concerns that the central bank’s fight against increasing prices could tip the economy into recession. This week, Powell is addressing Congress, starting with the Senate Banking Committee on Wednesday. Also Read | UK inflation rate hits new 40-year high: All you need to know,Powell’s testimony follows the Fed raising its benchmark interest rate by three-quarters of a percentage point, its biggest hike in around three decades. With inflation worsening, the Fed's policymakers also anticipated a more accelerated pace of rate hikes this year and next than they had predicted three months ago, with its key rate reaching 3.8% by the end of 2023. That would be its highest level in 15 years. Also Read | What's in US Senate's new gun violence bill?,The Fed’s measures the coming as some disappointing signals have emerged about the economy, including sagging spending at the retailers and soured consumer sentiment,The concerns over inflation and interest rates have been increased by a spike in energy and other key commodity prices following Russia's invasion of Ukraine.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Powell,US,Chevron,Treasury,Citigroup,Asian,European,the Federal Reserve,Jerome Powell,Congress,the Senate Banking Committee,Russia,Ukraine,stock market, dow jones, nasdaq, s\u0026p 500, stock market. US stock market,early trade,US early trade","originalPublishedOn":"2022-06-22T21:04:14+05:30"}},{"node":{"id":"PovM2X7IcjZB","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-tuesday-8","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-tuesday-683926/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-21T20:51:59+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite jumped 335.75 points or 3.11% to 11,134.10\u003c/li\u003e\n \u003cli\u003eTechnology stocks led to much of the market gains\u003c/li\u003e\n \u003cli\u003eBanks, retailers, and health care companies also made solid gains\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655824919363,\\\"strCount\\\":3733,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks surged broadly on Wall Street Tuesday, gaining back\\\\nsome of the ground they lost in their worst weekly drop since the beginning of\\\\nthe pandemic. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 89.51 points or 2.44% to 3,764.35 as\\\\nof 10:18 a.m. Eastern time zone. The Dow Jones Industrial Average rose 523.86\\\\npoints or 1.75% to 3.,412.64. The Nasdaq Composite jumped 335.75 points or\\\\n3.11% to 11,134.10.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/who-was-stephen-zabielski-683850/\\\\\\\"\u003eWho was Stephen Zabielski?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks led to much of the market gains. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e\\\\njumped 3.6% and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e rose 2.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks, retailers, and health care companies also made solid\\\\ngains. Kellogg rose 2.1% after the maker of Frosted Flakes and Rice Krispies\\\\nsaid it would split into three companies. Spirit Airlines rallied 7.3% after\\\\nJetBlue sweetened its buyout offer for the budget airline.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/us-attorney-general-merrick-garland-visits-ukraine-to-discuss-war-crimes-probe-683787/\\\\\\\"\u003eUS Attorney General Garland visits Ukraine to discuss war crimes probe\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets were also higher and Asian markets ended\\\\nmixed overnight. The yield on the 10-year Treasury rose 3.30% from 3.23% late\\\\nFriday. Markets were also closed on Monday for the observation of \u003ca href=\\\\\\\"https://opoyi.com/usa/why-juneteenth-is-not-a-paid-holiday-across-the-us-679957/\\\\\\\"\u003eJuneteenth\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Over 90% of stocks within the benchmark S\u0026amp;P 500 index\\\\ngained ground. The index is still under a slump, along with every other major\\\\nindex, and is down around 22% from the record high it set in January.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/white-house-gives-federal-fighters-pay-raise-wildfire-season-approaches-683712/\\\\\\\"\u003eWhite House gives federal firefighters pay raise as wildfire season nears\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have been generally falling as investors adjust to\\\\nhigher interest rates that the \u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e and other central banks are\\\\nincreasingly doling out. The aggressive rate hikes are part of a plan to curb\\\\nrecord-high inflation, but investors are concerned that Fed risks slowing\\\\neconomic growth too much and bringing on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/with-jan-6-hearing-in-the-backdrop-mike-pence-speaks-in-support-of-donald-trump-683649/\\\\\\\"\u003eWith Jan 6 hearing in the backdrop, Mike Pence speaks in support of Donald Trump\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Last week, the Fed raised its key short-term interest rate\\\\nby three times the usual amount for its biggest increase since 1994. It has\\\\nalso started allowing some of the trillions of dollars of bonds it purchased\\\\nthrough the pandemic to roll off its balance sheet. That should put upward\\\\npressure on longer-term interest rates and is another way central banks are\\\\npulling out supports earlier propped underneath markets to bolster the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/violated-law-former-tesla-employees-sue-company-over-mass-layoff-683381/\\\\\\\"\u003e'Violated law': Former Tesla employees sue company over 'Mass Layoff'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed’s measures are happening as some discouraging\\\\nsignals have emerged about the economy, including reducing spending at\\\\nretailers and soured consumer sentiment. That has increased concerns the Fed’s\\\\nactions could stop being too aggressive.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/led-by-opal-lee-us-marks-juneteenth-in-pics-682616/\\\\\\\"\u003eLed by Opal Lee, US marks Juneteenth | In pics\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will be closely watching for hints about the\\\\nFed’s plans for possible additional rate hikes when Chair Jerome Powell speaks\\\\nbefore congressional committees this week.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-21T20:51:57+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks surged broadly on Wall Street Tuesday, gaining back some of the ground they lost in their worst weekly drop since the beginning of the pandemic. ,The S\u0026P 500 gained 89.51 points or 2.44% to 3,764.35 as of 10:18 a.m. Eastern time zone. The Dow Jones Industrial Average rose 523.86 points or 1.75% to 3. 412.64. The Nasdaq Composite jumped 335.75 points or 3.11% to 11,134.10. Also Read | Who was Stephen Zabielski?,Technology stocks led to much of the market gains. Apple jumped 3.6% and Microsoft rose 2.5%. Banks, retailers, and health care companies also made solid gains. Kellogg rose 2.1% after the maker of Frosted Flakes and Rice Krispies said it would split into three companies. Spirit Airlines rallied 7.3% after JetBlue sweetened its buyout offer for the budget airline. Also Read | US Attorney General Garland visits Ukraine to discuss war crimes probe,European markets were also higher and Asian markets ended mixed overnight. The yield on the 10-year Treasury rose 3.30% from 3.23% late Friday. Markets were also closed on Monday for the observation of Juneteenth. Over 90% of stocks within the benchmark S\u0026P 500 index gained ground. The index is still under a slump, along with every other major index, and is down around 22% from the record high it set in January. Also Read | White House gives federal firefighters pay raise as wildfire season nears,Stocks have been generally falling as investors adjust to higher interest rates that the Federal Reserve and other central banks are increasingly doling out. The aggressive rate hikes are part of a plan to curb record-high inflation, but investors are concerned that Fed risks slowing economic growth too much and bringing on a recession. Also Read | With Jan 6 hearing in the backdrop, Mike Pence speaks in support of Donald Trump,Last week, the Fed raised its key short-term interest rate by three times the usual amount for its biggest increase since 1994. It has also started allowing some of the trillions of dollars of bonds it purchased through the pandemic to roll off its balance sheet. That should put upward pressure on longer-term interest rates and is another way central banks are pulling out supports earlier propped underneath markets to bolster the economy. Also Read | 'Violated law': Former Tesla employees sue company over 'Mass Layoff',The Fed’s measures are happening as some discouraging signals have emerged about the economy, including reducing spending at retailers and soured consumer sentiment. That has increased concerns the Fed’s actions could stop being too aggressive. Also Read | Led by Opal Lee, US marks Juneteenth | In pics,Investors will be closely watching for hints about the Fed’s plans for possible additional rate hikes when Chair Jerome Powell speaks before congressional committees this week.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Apple,Microsoft,Frosted Flakes,Rice Krispies,Spirit Airlines,JetBlue,European,Asian,Treasury,the Federal Reserve,Jerome Powell,S\u0026P 500, stock market, Early trade, Dow Jones, Nasdaq, S\u0026P 500,US early trade, US stock market, United states","originalPublishedOn":"2022-06-21T20:51:57+05:30"}},{"node":{"id":"TzwPhWH5OMxT","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-3-down-on-thursday-1","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-3-down-on-thursday-680761/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 3% down on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-17T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 123.22 points, or 3.3%, to 3,666.77\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 741.46 points, or 2.4%, to 29,927.07\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 453.06 points, or 4.1%, to 10,646.10\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 81.30 points, or 4.7%, to 1,649.84\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655433062633,\\\"strCount\\\":3318,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell on Wall Street on Thursday, as concerns about the world's ailing economy resurfaced as interest rates rose.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 plunged 3.3% in a sweeping meltdown, more than reversing a 1.5% gain the day before. Analysts have warned of additional large swings due to profound uncertainty about whether the Federal Reserve and other central banks can tread the fine line of raising interest rates just enough to keep inflation under control while not causing a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/fifa-world-cup-2030-argentina-uruguay-among-4-nation-bloc-considering-bid-680713/\\\\\\\"\u003eFIFA World Cup 2030: Argentina, Uruguay among 4-nation bloc considering bid\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fell 2.4% and fell more than 900 points temporarily, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite fell 4.1%. It was the sixth loss for the S\u0026amp;P 500 in its last seven tries, and all but 3% of the stocks in the index dropped.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street fell with stocks across \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e after central banks there followed up on the Federal Reserve’s big interest-rate hike on Wednesday. The Bank of England raised its key rate for the fifth time since December, though it opted for a more modest increase of 0.25 percentage points than the 0.75-point hammer brought by the Fed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/nba-finals-stephen-curry-resets-3-pointer-streak-with-flawless-shot-in-game-680749/\\\\\\\"\u003eNBA Finals: Stephen Curry resets 3-pointer streak with flawless shot\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Switzerland’s central bank, meanwhile, raised rates for the first time in years, a half-point hike. Taiwan’s central bank raised its key rate by an eighth of a point. Japan's central bank began a two-day meeting, though it's held out on raising rates and making other economy-slowing moves that investors call “hawkish.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/miles-teller-reveals-the-most-tom-cruise-moment-in-top-gun-maverick-680671/\\\\\\\"\u003eMiles Teller reveals the most Tom Cruise moment in 'Top Gun: Maverick'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The worries dragged the S\u0026amp;P 500 into a bear market earlier this week, meaning it had dropped more than 20% from its peak. It's now 23.6% below its record set early this year and back to where it was in late 2020. That effectively erases 2021, which was one of the best years for Wall Street since the turn of the millennium.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/fifa-world-cup-2030-argentina-uruguay-among-4-nation-bloc-considering-bid-680713/\\\\\\\"\u003eFIFA World Cup 2030: Argentina, Uruguay among 4-nation bloc considering bid\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 123.22 points to 3,666.77. The Dow lost 741.46 to 29,927.07, and the Nasdaq dropped 453.06 to 10,646.10. Thursday's biggest losses hit the stocks of the smallest companies, a signal of pessimism about the economy’s strength. The Russell 2000 index of smaller stocks sank 81.30, or 4.7%, to 1,649.84.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/seattle-storm-star-sue-bird-announces-2022-will-be-her-final-wnba-season-680723/\\\\\\\"\u003eSeattle Storm star Sue Bird announces 2022 will be her final WNBA season\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields swung sharply on Thursday, with the 10-year yield down to 3.23% from 3.39% late Wednesday. It had climbed as high as 3.48% in the morning, near its highest level since 2011.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Switzerland","slug":"switzerland","id":"XrlTJIkRLgyB","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-17T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell on Wall Street on Thursday, as concerns about the world's ailing economy resurfaced as interest rates rose. The S\u0026P 500 plunged 3.3% in a sweeping meltdown, more than reversing a 1.5% gain the day before. Analysts have warned of additional large swings due to profound uncertainty about whether the Federal Reserve and other central banks can tread the fine line of raising interest rates just enough to keep inflation under control while not causing a recession. Also Read| FIFA World Cup 2030: Argentina, Uruguay among 4-nation bloc considering bid,The Dow Jones Industrial Average fell 2.4% and fell more than 900 points temporarily, while the Nasdaq Composite fell 4.1%. It was the sixth loss for the S\u0026P 500 in its last seven tries, and all but 3% of the stocks in the index dropped. Wall Street fell with stocks across Europe after central banks there followed up on the Federal Reserve’s big interest-rate hike on Wednesday. The Bank of England raised its key rate for the fifth time since December, though it opted for a more modest increase of 0.25 percentage points than the 0.75-point hammer brought by the Fed. Also Read| NBA Finals: Stephen Curry resets 3-pointer streak with flawless shot,Switzerland’s central bank, meanwhile, raised rates for the first time in years, a half-point hike. Taiwan’s central bank raised its key rate by an eighth of a point. Japan's central bank began a two-day meeting, though it's held out on raising rates and making other economy-slowing moves that investors call “hawkish.”,Also Read| Miles Teller reveals the most Tom Cruise moment in 'Top Gun: Maverick',The worries dragged the S\u0026P 500 into a bear market earlier this week, meaning it had dropped more than 20% from its peak. It's now 23.6% below its record set early this year and back to where it was in late 2020. That effectively erases 2021, which was one of the best years for Wall Street since the turn of the millennium. Also Read| FIFA World Cup 2030: Argentina, Uruguay among 4-nation bloc considering bid,The S\u0026P 500 fell 123.22 points to 3,666.77. The Dow lost 741.46 to 29,927.07, and the Nasdaq dropped 453.06 to 10,646.10. Thursday's biggest losses hit the stocks of the smallest companies, a signal of pessimism about the economy’s strength. The Russell 2000 index of smaller stocks sank 81.30, or 4.7%, to 1,649.84. Also Read| Seattle Storm star Sue Bird announces 2022 will be her final WNBA season,Treasury yields swung sharply on Thursday, with the 10-year yield down to 3.23% from 3.39% late Wednesday. It had climbed as high as 3.48% in the morning, near its highest level since 2011.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the Federal Reserve,the S 500,Europe,The Bank of England,Fed,Switzerland,Taiwan,Japan,Nasdaq,Russell,Treasury","originalPublishedOn":"2022-06-17T08:45:00+05:30"}},{"node":{"id":"Q1pPVvRd9YtH","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-wednesday-2","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-wednesday-679951/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-16T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 54.51 points, or 1.5%, to 3,789.99\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 303.70 points, or 1%, to 30,668.53\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 270.81 points, or 2.5%, to 11,099.15\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 23.31 points, or 1.4%, to 1,731.14\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655345005697,\\\"strCount\\\":3363,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Federal Reserve's sharpest rate rise since 1994 and its subsequent guarantee that such mega-hikes would not be regular, Wall Street rebounded Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 54.51 points, or 1.5%, to 3,789.99 after a roller-coaster trading session immediately following the Fed's latest action to combat inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-362760/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In equally erratic trading, Treasury rates fell in the bond market as Fed Chair Jerome Powell appeared to allay market concerns about an excessively aggressive Fed by hinting more moderate rate hikes may come later this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fluctuated between a gain of 647 points and a loss of roughly 180 points before concluding with a gain of 303.70 points. It ended the day at 30,668.53, up 1%. The Nasdaq composite jumped 270.81, or 2.5%, to 11,099.15.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/us-premarket-baidu-moderna-zendesk-and-other-stocks-making-biggest-moves-532479/\\\\\\\"\u003eUS Premarket: Baidu, Moderna, Zendesk and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed on Wednesday hiked its key short-term interest rate by three-quarters of a percentage point, triple the usual move. Powell said the Fed may consider another increase that big at its next meeting in July, but he also said such a hike is “an unusually large one” and not to expect it to be common.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The two-year Treasury yield fell to 3.21% from 3.45% late Tuesday, with the biggest move happening after Powell said 0.75 percentage point rate hikes wouldn't be common. The yield on the 10-year Treasury pulled back to 3.28% from 3.48%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-16-2022-679940/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 16, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cryptocurrency prices continued to sink, and bitcoin dropped as low as $20,087.90, nearly 71% below its record of $68,990.90 set late last year. It was down nearly 1% at $21,770 in afternoon trading, according to CoinDesk.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks nevertheless also rose in \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e and parts of \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eFederal Reserve hikes rate by 75bps, highest since 1994\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Germany's DAX returned 1.4% after the European Central Bank called an unscheduled meeting to address worries that rising interest rates will cause turmoil in the continent's bond market. The central bank did not give a detailed plan, but it said it would act if needed against “fragmentation” as yields for some European countries' bonds rise much more than for others.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-yes-bank-jsw-steel-upl-and-others-in-news-today-679942/\\\\\\\"\u003eTrending Stocks: Yes Bank, JSW Steel, UPL and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks in \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e gained 0.5% after government data showed \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e factory activity rebounded in May as anti-virus controls that shut down businesses in Shanghai and other industrial centres eased.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-16T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Following the Federal Reserve's sharpest rate rise since 1994 and its subsequent guarantee that such mega-hikes would not be regular, Wall Street rebounded Wednesday. The S\u0026P 500 rose 54.51 points, or 1.5%, to 3,789.99 after a roller-coaster trading session immediately following the Fed's latest action to combat inflation. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday,In equally erratic trading, Treasury rates fell in the bond market as Fed Chair Jerome Powell appeared to allay market concerns about an excessively aggressive Fed by hinting more moderate rate hikes may come later this year. The Dow Jones Industrial Average fluctuated between a gain of 647 points and a loss of roughly 180 points before concluding with a gain of 303.70 points. It ended the day at 30,668.53, up 1%. The Nasdaq composite jumped 270.81, or 2.5%, to 11,099.15. Also Read| US Premarket: Baidu, Moderna, Zendesk and other stocks making biggest moves,The Fed on Wednesday hiked its key short-term interest rate by three-quarters of a percentage point, triple the usual move. Powell said the Fed may consider another increase that big at its next meeting in July, but he also said such a hike is “an unusually large one” and not to expect it to be common. The two-year Treasury yield fell to 3.21% from 3.45% late Tuesday, with the biggest move happening after Powell said 0.75 percentage point rate hikes wouldn't be common. The yield on the 10-year Treasury pulled back to 3.28% from 3.48%. Also Read| Trade Setup: Top 13 things to know before market opens on June 16, 2022,Cryptocurrency prices continued to sink, and bitcoin dropped as low as $20,087.90, nearly 71% below its record of $68,990.90 set late last year. It was down nearly 1% at $21,770 in afternoon trading, according to CoinDesk. Stocks nevertheless also rose in Europe and parts of Asia Wednesday. Also Read| Federal Reserve hikes rate by 75bps, highest since 1994,Germany's DAX returned 1.4% after the European Central Bank called an unscheduled meeting to address worries that rising interest rates will cause turmoil in the continent's bond market. The central bank did not give a detailed plan, but it said it would act if needed against “fragmentation” as yields for some European countries' bonds rise much more than for others. Also Read| Trending Stocks: Yes Bank, JSW Steel, UPL and others in news today,Stocks in Shanghai gained 0.5% after government data showed Chinese factory activity rebounded in May as anti-virus controls that shut down businesses in Shanghai and other industrial centres eased.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Treasury,Shanghai,the Federal Reserve's,Jerome Powell,Powell,CoinDesk,Europe,Asia,Germany,the European Central Bank,European,Chinese","originalPublishedOn":"2022-06-16T08:45:00+05:30"}},{"node":{"id":"J16w1w6mTPSm","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-8","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-362760/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T20:25:18+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average was up 331.31 points or 1.09% to 30,696.14\u003c/li\u003e\n \u003cli\u003eGlobal investments have fallen this year due to high inflation\u003c/li\u003e\n \u003cli\u003eTreasury yields have surged to their highest levels in over a decade\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655304917580,\\\"strCount\\\":3602,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/what-caused-massive-power-outages-in-ohio-mid-western-us-568248/\\\\\\\"\u003eUS\u003c/a\u003e stocks are surging on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Wednesday, on track\\\\nfor their first gain in six days, but more turbulence may be ahead when the\\\\nFederal Reserve announces in the afternoon how sharply it’s \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003eraising interest\\\\nrates\u003c/a\u003e. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 48.32 points or 1.31% to 3,784 as\\\\ninvestors are ready for the Fed’s rate hike, which most investors expect to be\\\\ntriple the usual amount and the sharpest since 1994. The Dow Jones Industrial\\\\nAverage was up 331.31 points or 1.09% to 30,696.14 as of 10:20 a.m. Eastern\\\\ntime zone. The Nasdaq composite was 184.59 points or 1.67% lower at 11,008.42.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/french-president-emmanuel-macron-calls-for-in-depth-discussions-with-ukraine-likely-to-visit-kyiv-277343/\\\\\\\"\u003eFrench President Emmanuel Macron calls for 'in-depth discussions' with Ukraine, likely to visit Kyiv\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Global investments, from bonds to bitcoin, have fallen\\\\nthis year due to \u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003ehigh inflation\u003c/a\u003e, as the Federal Reserve and other central banks\\\\nrapidly remove support propped beneath markets early in the pandemic. Investors\\\\nare concerned that too-aggressive hikes in interest rates will force the\\\\neconomy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/elon-musks-republican-vote-goes-to-maya-flores-in-texas-what-it-means-372960/\\\\\\\"\u003eElon Musk's Republican vote goes to Maya Flores in Texas: What it means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields have surged to their highest levels in\\\\nover a decade on expectations for a more aggressive Fed, though they eased on\\\\nWednesday. A weaker-than-expected report showing that sales at US retailers\\\\nunexpectedly slumped in May from April disappointed investors. So did a\\\\ndisappointing report on manufacturing in New York state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The economy is still largely holding up amid a red-hot\\\\njob market, but it has shown signs of distress recently. According to a\\\\npreliminary report last week, consumer sentiment sank to its lowest reading on\\\\nrecord due in large part to high gasoline prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/bill-gates-says-cryptocurrency-nft-based-on-greater-fool-theory-232488/\\\\\\\"\u003eBill Gates says cryptocurrency, NFT based on \\\\\\\"greater fool theory\\\\\\\"\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury slipped to 3.31% from\\\\n3.48% late Tuesday. The two-year Treasury, which more closely follows\\\\nexpectations of Fed action, declined to 3.39% from 3.45%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cryptocurrency prices continued to plunge, and bitcoin\\\\ndropped as low as $20.087.90, nearly 71% below its record high of $68,990.90\\\\ntouched in November 2021. Its fall has worsened as investors ramp up their\\\\nexpectations for how aggressively the Fed will move on interest rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/2-el-monte-police-officers-killed-in-shooting-at-motel-suspect-down-385361/\\\\\\\"\u003e2 El Monte police officers killed in shooting at motel, suspect 'down'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is expecting a hike of three-quarters of a\\\\npercentage point. But a report on Friday upset the markets when it showed\\\\nconsumer prices rose unexpectedly last month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It dashed hopes on Wall Street that inflation may already\\\\ntouch its peak, and the data seemingly pinned the Federal Reserve into having\\\\nto get more aggressive. Other central banks around the world are also raising\\\\ninterest rates, adding to the pressure.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NewYork","slug":"newyork","id":"ZXs8JjMQ5noW","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-15T20:25:16+05:30","publisher":0,"sourceFeed":null,"cleanText":"US stocks are surging on Wall Street Wednesday, on track for their first gain in six days, but more turbulence may be ahead when the Federal Reserve announces in the afternoon how sharply it’s raising interest rates. ,The S\u0026P 500 rose 48.32 points or 1.31% to 3,784 as investors are ready for the Fed’s rate hike, which most investors expect to be triple the usual amount and the sharpest since 1994. The Dow Jones Industrial Average was up 331.31 points or 1.09% to 30,696.14 as of 10:20 a.m. Eastern time zone. The Nasdaq composite was 184.59 points or 1.67% lower at 11,008.42. Also Read | French President Emmanuel Macron calls for 'in-depth discussions' with Ukraine, likely to visit Kyiv,Global investments, from bonds to bitcoin, have fallen this year due to high inflation, as the Federal Reserve and other central banks rapidly remove support propped beneath markets early in the pandemic. Investors are concerned that too-aggressive hikes in interest rates will force the economy into a recession. Also Read | Elon Musk's Republican vote goes to Maya Flores in Texas: What it means,Treasury yields have surged to their highest levels in over a decade on expectations for a more aggressive Fed, though they eased on Wednesday. A weaker-than-expected report showing that sales at US retailers unexpectedly slumped in May from April disappointed investors. So did a disappointing report on manufacturing in New York state. The economy is still largely holding up amid a red-hot job market, but it has shown signs of distress recently. According to a preliminary report last week, consumer sentiment sank to its lowest reading on record due in large part to high gasoline prices. Also Read | Bill Gates says cryptocurrency, NFT based on greater fool theory,The yield on the 10-year Treasury slipped to 3.31% from 3.48% late Tuesday. The two-year Treasury, which more closely follows expectations of Fed action, declined to 3.39% from 3.45%. Cryptocurrency prices continued to plunge, and bitcoin dropped as low as $20.087.90, nearly 71% below its record high of $68,990.90 touched in November 2021. Its fall has worsened as investors ramp up their expectations for how aggressively the Fed will move on interest rates. Also Read | 2 El Monte police officers killed in shooting at motel, suspect 'down',Wall Street is expecting a hike of three-quarters of a percentage point. But a report on Friday upset the markets when it showed consumer prices rose unexpectedly last month. It dashed hopes on Wall Street that inflation may already touch its peak, and the data seemingly pinned the Federal Reserve into having to get more aggressive. Other central banks around the world are also raising interest rates, adding to the pressure.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,the Federal Reserve,US,Treasury,New York,stock market, dow jones, S\u0026P, nasdaq,US early trade, US stock market, Early trade, Stock market,Inflation, Federal Reserve","originalPublishedOn":"2022-06-15T20:25:16+05:30"}},{"node":{"id":"4IVEIPl0NliL","slug":"english/wall-street-enters-bear-market-what-does-it-mean-for-investors","slugV2":"business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/","title":"Wall Street enters bear market: What does it mean for investors","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T12:57:49+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eWall Street is struggling with the impact of rising interest rates\u003c/li\u003e\n \u003cli\u003eThe S\u0026amp;P 500 is over 22% below its record set early this year\u003c/li\u003e\n \u003cli\u003eHigh inflation is prompting many people to reduce spending\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655278069122,\\\"strCount\\\":6941,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street opened the week with heavy losses that put the benchmark S\u0026amp;P 500 at a level considered to be a so-called bear market. The index lost 4% to close at 3,750, putting it 21% below its peak in January. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is struggling with the impact of \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003erising interest rates\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003ehigh inflation\u003c/a\u003e and energy costs, the \u003ca href=\\\\\\\"https://opoyi.com/world/heres-how-much-the-war-in-ukraine-is-costing-russia-each-day-330026/\\\\\\\"\u003eRussia-Ukraine War\u003c/a\u003e and a slowdown in China’s economy, prompting investors to reconsider the prices they are willing to pay for a wide range of stocks. Bear markets have become fairly common and Monday was no exception. The last bear market happened just two years ago as the pandemic shuttered the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/bill-gates-says-cryptocurrency-nft-based-on-greater-fool-theory-232488/\\\\\\\"\u003eBill Gates says cryptocurrency, NFT based on \\\\\\\"greater fool theory\\\\\\\"\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat is a Bear Market?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A bear market is defined by a broad market index falling by 20% or more from a recent high for a sustained period. A bear is used to represent a market slump because bears hibernate, so they represent a market that’s retreating, said Sam Stovall, chief investment strategist at CFRA. In contrast, Wall Street's nickname for a surging stock market is a bull market, because the bulls charge, Stovall added.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/how-russia-ukraine-war-is-behind-highest-us-inflation-spike-since-1981-433186/\\\\\\\"\u003eHow Russia-Ukraine war is behind highest US inflation spike since 1981\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500, Wall Street's key barometer of health, slid 0.38% on Tuesday. It's over 22% below its record set early this year and is now in a bear market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e industrials sank 0.50% and the tech-heavy Nasdaq composite, which already was in a bear market, tumbled 0.18%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The most recent bear market for the S\u0026amp;P 500 ran from February 19, 2020, through March 23, 2020. The index fell 34% in that one month, the shortest bear market ever.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/what-caused-massive-power-outages-in-ohio-mid-western-us-568248/\\\\\\\"\u003eWhat caused massive power outages in Ohio, mid-western US?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat led to this bear market?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Discretionary spending is gone,” said Daniel McKeever, an assistant professor at the Binghamton University School of Management. US consumers “are dipping into savings, if their savings aren’t gone already and eventually, that’s going to sustain stock market growth,” he said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"High inflation is prompting many people to reduce spending, which means less money in companies’ pockets. That leads to the stock market’s current woes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/nato-assures-ukraine-of-heavy-weapons-ahead-of-madrid-summit-153748/\\\\\\\"\u003eNATO assures Ukraine of heavy weapons ahead of Madrid summit\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Without some kind of meaningful relief from the increase in gas and grocery prices … people simply don’t have money to spend,” he added.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The consumer price index (CPI) has increased 8.6% in the past year, while the S\u0026amp;P 500 has fallen 11.9% over the same period. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bear markets can be stressful for all types of investors. But they frequently affect active stock traders – people who invest mostly in individual stocks – differently than passive index fund investors.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\\\\\"\u003eExplained: The impact of bond yields on markets and investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat does this bear market mean for active and passive investors?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Active investors or individual stock traders, try to beat the market while Passive investors often try to mirror the market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Active investors can be better or worse off during a bear market, depending on their stock picks, said Eric Nelson, a certified financial planner and founder of Independence Wealth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stock picking tends to be riskier and potentially higher rewarding than passive investing. Stock pickers can theoretically beat the market by picking the stocks that outperform their indexes but they also can end up with worse returns than the market by picking a stock that underperforms their indexes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/eurozone-inflation-soars-to-record-81-amid-rising-energy-and-food-costs-536456/\\\\\\\"\u003eEurozone inflation soars to record 8.1% amid rising energy and food costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Passive index fund investors will probably see less volatility since they won't be exposed to individual stock risk. With an index fund, you're investing in a basket of companies that mirrors a stock market index, so if one company goes out of business during a bear market, there are still others to support your portfolio.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"During downturns, financial advisors who manage portfolios actively often promote themselves as superior to passive investors, but research suggests otherwise. Active management is no better than passive management during crisis periods, just as it is no better than passive management over any long-term period.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/fda-approves-1st-drug-for-treatment-of-hair-loss-disorder-alopecia-220092/\\\\\\\"\u003eFDA approves 1st drug for treatment of hair loss disorder alopecia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the latest Quantitative Analysis of Investor Behaviour, or QAIB, a study from financial services market research firm Dalbar Inc, an average equity investor as opposed to a passive investor in the index, earned over 10% below the S\u0026amp;P 500 in 2021, which is the third-largest underperformance ever recorded in the study’s 36-year history.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russia-making-billions-amid-war-in-ukraine-europe-its-biggest-customer-491854/\\\\\\\"\u003eRussia making billions amid war in Ukraine, Europe its biggest customer\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHow should you respond to the bear market?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A majority of financial advisors advise that one should not panic. If you are an investor, not a day trader, you are in it for the long term, and you are aware there will be highs and lows. The average stock market return is 10% per year and sometimes, like in 2022, it’s lower and sometimes it’s higher. If the market is down, it's a good idea to stay invested and resist the urge to sell.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ipl-media-rights-disney-star-gets-tv-deal-viacom18-bags-digital-129515/\\\\\\\"\u003eIPL Media Rights: Disney Star gets TV deal, Viacom18 bags digital\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Generally, investors suggest devoting no more than 10% of a portfolio to individual stocks and keeping the remaining 90% in a diversified mix of low-cost index funds. If you use dollar-cost averaging, you might suffer a temporary loss, but if you have a longer-term horizon, your portfolio has time to recover.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-15T12:57:48+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street opened the week with heavy losses that put the benchmark S\u0026P 500 at a level considered to be a so-called bear market. The index lost 4% to close at 3,750, putting it 21% below its peak in January. ,Wall Street is struggling with the impact of rising interest rates, high inflation and energy costs, the Russia-Ukraine War and a slowdown in China’s economy, prompting investors to reconsider the prices they are willing to pay for a wide range of stocks. Bear markets have become fairly common and Monday was no exception. The last bear market happened just two years ago as the pandemic shuttered the US economy. Also Read | Bill Gates says cryptocurrency, NFT based on greater fool theory,What is a Bear Market?,A bear market is defined by a broad market index falling by 20% or more from a recent high for a sustained period. A bear is used to represent a market slump because bears hibernate, so they represent a market that’s retreating, said Sam Stovall, chief investment strategist at CFRA. In contrast, Wall Street's nickname for a surging stock market is a bull market, because the bulls charge, Stovall added. Also Read | How Russia-Ukraine war is behind highest US inflation spike since 1981,The S\u0026P 500, Wall Street's key barometer of health, slid 0.38% on Tuesday. It's over 22% below its record set early this year and is now in a bear market. The Dow industrials sank 0.50% and the tech-heavy Nasdaq composite, which already was in a bear market, tumbled 0.18%. The most recent bear market for the S\u0026P 500 ran from February 19, 2020, through March 23, 2020. The index fell 34% in that one month, the shortest bear market ever. Also Read | What caused massive power outages in Ohio, mid-western US?,What led to this bear market?,“Discretionary spending is gone,” said Daniel McKeever, an assistant professor at the Binghamton University School of Management. US consumers “are dipping into savings, if their savings aren’t gone already and eventually, that’s going to sustain stock market growth,” he said. High inflation is prompting many people to reduce spending, which means less money in companies’ pockets. That leads to the stock market’s current woes. Also Read | NATO assures Ukraine of heavy weapons ahead of Madrid summit,“Without some kind of meaningful relief from the increase in gas and grocery prices … people simply don’t have money to spend,” he added. The consumer price index (CPI) has increased 8.6% in the past year, while the S\u0026P 500 has fallen 11.9% over the same period. ,Bear markets can be stressful for all types of investors. But they frequently affect active stock traders – people who invest mostly in individual stocks – differently than passive index fund investors. Also Read | Explained: The impact of bond yields on markets and investors,What does this bear market mean for active and passive investors?,Active investors or individual stock traders, try to beat the market while Passive investors often try to mirror the market. Active investors can be better or worse off during a bear market, depending on their stock picks, said Eric Nelson, a certified financial planner and founder of Independence Wealth. Stock picking tends to be riskier and potentially higher rewarding than passive investing. Stock pickers can theoretically beat the market by picking the stocks that outperform their indexes but they also can end up with worse returns than the market by picking a stock that underperforms their indexes. Also Read | Eurozone inflation soars to record 8.1% amid rising energy and food costs,Passive index fund investors will probably see less volatility since they won't be exposed to individual stock risk. With an index fund, you're investing in a basket of companies that mirrors a stock market index, so if one company goes out of business during a bear market, there are still others to support your portfolio. During downturns, financial advisors who manage portfolios actively often promote themselves as superior to passive investors, but research suggests otherwise. Active management is no better than passive management during crisis periods, just as it is no better than passive management over any long-term period. Also Read | FDA approves 1st drug for treatment of hair loss disorder alopecia,According to the latest Quantitative Analysis of Investor Behaviour, or QAIB, a study from financial services market research firm Dalbar Inc, an average equity investor as opposed to a passive investor in the index, earned over 10% below the S\u0026P 500 in 2021, which is the third-largest underperformance ever recorded in the study’s 36-year history. Also Read | Russia making billions amid war in Ukraine, Europe its biggest customer,How should you respond to the bear market?,A majority of financial advisors advise that one should not panic. If you are an investor, not a day trader, you are in it for the long term, and you are aware there will be highs and lows. The average stock market return is 10% per year and sometimes, like in 2022, it’s lower and sometimes it’s higher. If the market is down, it's a good idea to stay invested and resist the urge to sell. Also Read | IPL Media Rights: Disney Star gets TV deal, Viacom18 bags digital,Generally, investors suggest devoting no more than 10% of a portfolio to individual stocks and keeping the remaining 90% in a diversified mix of low-cost index funds. If you use dollar-cost averaging, you might suffer a temporary loss, but if you have a longer-term horizon, your portfolio has time to recover.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,Russia,China,Dow,Quantitative Analysis of Investor Behaviour,Dalbar Inc,Bear market, share market, stock market,Wall Street, Wall street bear market, S\u0026P 500, NASDAQ, Dow Jones,US Inflation, US market, US stock market, Stock market","originalPublishedOn":"2022-06-15T12:57:48+05:30"}},{"node":{"id":"UwAHcejsimGI","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-tuesday-2","slugV2":"india/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-tuesday-583901/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T08:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 14.15 points, or 0.4%, to 3,735.48\u003c/li\u003e\n \u003cli\u003eThe Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 19.12 points, or 0.2%, to 10,828.35\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 6.77 points, or 0.4%, to 1,707.83\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655257395863,\\\"strCount\\\":3506,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The majority of Wall Street equities fell in early trade Tuesday after plunging into a bear market on fears that soaring inflation may force central banks to slam the brakes on the economy too aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-twitter-oracle-nokia-and-other-stocks-making-biggest-moves-541306/\\\\\\\"\u003eUS Premarket: Twitter, Oracle, Nokia and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slid 14.15 points, or 0.4%, to 3,735.48 as investors awaited the Federal Reserve's statement on Wednesday about how quickly interest rates will rise. It fluctuated between losses and gains throughout the day as a few large corporations demonstrated their financial resilience with higher earnings and dividend distributions to shareholders.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-129189/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average dropped 151.91 points, or 0.5%, to 30,364.83. The Nasdaq composite increased 19.12 points, or 0.2%, to 10,828.35 after moving between a 0.7% loss and a 1.1% gain.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-inflation-data-rupee-movement-to-weigh-on-sensex-nifty-610541/\\\\\\\"\u003eWeek ahead: Inflation data, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite the swings, trading across markets was still calmer than during Monday's worldwide rout, which sent the S\u0026amp;P 500 down 3.9%. Stocks fell more than 1% in \u003ca href=\\\\\\\"https://opoyi.com/topics/tokyo/\\\\\\\"\u003eTokyo\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/paris/\\\\\\\"\u003eParis\u003c/a\u003e but rose that much in \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e. A measure of nervousness among investors on Wall Street eased, even as Treasury yields again pierced their highest levels in more than a decade.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-in-review-sensex-nifty-fall-as-investors-fear-inflationary-forecast-613713/\\\\\\\"\u003eWeek in review: Sensex, Nifty fall as investors fear inflationary forecast\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields continued to climb, with the two-year yield touching its highest level since November 2007, before the financial crisis, according to Tradeweb. The 10-year yield during the day reached its highest level since April 2011.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"They also had a relatively reliable warning signal of recession in the bond market flashing on and off. In afternoon trading, the yield on the 10-year Treasury had climbed back above the two-year yield, at 3.47% versus 3.41%. That's typically how things look in the bond market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-10-highlights-from-shaktikanta-das-speech-255474/\\\\\\\"\u003eRBI MPC meet: 10 highlights from Shaktikanta Das' speech\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, Oracle soared 10.4% after it reported stronger revenue and earnings for its latest quarter than analysts expected. FedEx jumped 14.4% after it boosted its dividend payout by more than 50%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/bulk-deals-vistra-sold-fconsumer-shares-jainam-bought-stake-in-ibulhsgfin-481728/\\\\\\\"\u003eBulk Deals: Vistra sold FCONSUMER shares, Jainam bought stake in IBULHSGFIN\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It was the first trading for U.S. stocks after the S\u0026amp;P 500 closed Monday at 21.8% below its record set early this year. That put it in a bear market, which is what investors call a drop of 20% or more.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Tokyo","slug":"tokyo","id":"Ee9xq687hhH0","isSection":0},{"name":"Paris","slug":"paris","id":"lQ6XYWAadFCT","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-15T08:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The majority of Wall Street equities fell in early trade Tuesday after plunging into a bear market on fears that soaring inflation may force central banks to slam the brakes on the economy too aggressively. Also Read| US Premarket: Twitter, Oracle, Nokia and other stocks making biggest moves,The S\u0026P 500 slid 14.15 points, or 0.4%, to 3,735.48 as investors awaited the Federal Reserve's statement on Wednesday about how quickly interest rates will rise. It fluctuated between losses and gains throughout the day as a few large corporations demonstrated their financial resilience with higher earnings and dividend distributions to shareholders. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,The Dow Jones Industrial Average dropped 151.91 points, or 0.5%, to 30,364.83. The Nasdaq composite increased 19.12 points, or 0.2%, to 10,828.35 after moving between a 0.7% loss and a 1.1% gain. Also Read| Week ahead: Inflation data, rupee movement to weigh on Sensex, Nifty,Despite the swings, trading across markets was still calmer than during Monday's worldwide rout, which sent the S\u0026P 500 down 3.9%. Stocks fell more than 1% in Tokyo and Paris but rose that much in Shanghai. A measure of nervousness among investors on Wall Street eased, even as Treasury yields again pierced their highest levels in more than a decade. Also Read| Week in review: Sensex, Nifty fall as investors fear inflationary forecast,Treasury yields continued to climb, with the two-year yield touching its highest level since November 2007, before the financial crisis, according to Tradeweb. The 10-year yield during the day reached its highest level since April 2011. Also Read| 5 reasons why Indian rupee had a great fall,They also had a relatively reliable warning signal of recession in the bond market flashing on and off. In afternoon trading, the yield on the 10-year Treasury had climbed back above the two-year yield, at 3.47% versus 3.41%. That's typically how things look in the bond market. Also Read| RBI MPC meet: 10 highlights from Shaktikanta Das' speech,On Wall Street, Oracle soared 10.4% after it reported stronger revenue and earnings for its latest quarter than analysts expected. FedEx jumped 14.4% after it boosted its dividend payout by more than 50%. Also Read| Bulk Deals: Vistra sold FCONSUMER shares, Jainam bought stake in IBULHSGFIN,It was the first trading for U.S. stocks after the S\u0026P 500 closed Monday at 21.8% below its record set early this year. That put it in a bear market, which is what investors call a drop of 20% or more.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,the Federal Reserve's,Tokyo,Paris,Shanghai,U.S.","originalPublishedOn":"2022-06-15T08:00:00+05:30"}},{"node":{"id":"36GtgUKfI6lN","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-5","slugV2":"world/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-129189/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T10:24:57+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average was 70.50 points or 0.23% down at 30,446.24\u003c/li\u003e\n \u003cli\u003eTreasury yields were easing back from their highest levels\u003c/li\u003e\n \u003cli\u003eConsumer prices in the US are at the highest level in four decades and rose 8.6% in May\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655222322946,\\\"strCount\\\":4427,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is swinging between gains and losses on\\\\nTuesday in its trading after falling into a bear market amid worries about a\\\\nfragile economy and \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003erising interest rates\u003c/a\u003e. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 5.62 points or 0.15% down at 3,744.01\\\\nin early trading. The Dow Jones Industrial Average was 70.50 points or 0.23%\\\\ndown at 30,446.24 as of 10:20 a.m. Eastern time zone. The Nasdaq Composite was\\\\n16.71 points or 0.15% down at 10,792.51 after swinging between a gain of 0.9%\\\\nand a loss of 0.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-marjorie-taylor-greene-thinks-is-the-reason-for-tampon-shortage-400616/\\\\\\\"\u003eWhat Marjorie Taylor Greene thinks is the reason for tampon shortage\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets were much calmer, if still tentative, following\\\\nMonday’s worldwide sell-off. Treasury yields were easing back from their\\\\nhighest levels in more than a decade. Asian and European markets were also\\\\nmixed, while a measure of nervousness among stock investors on Wall Street was\\\\nedging lower.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/fda-approves-1st-drug-for-treatment-of-hair-loss-disorder-alopecia-220092/\\\\\\\"\u003eFDA approves 1st drug for treatment of hair loss disorder alopecia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The only notable exception was bitcoin, which fell\\\\nanother 6.5% to drop below $22,100, according to CoinDesk. \u003ca href=\\\\\\\"https://opoyi.com/topics/cryptocurrency/\\\\\\\"\u003eCryptocurrencies\u003c/a\u003e\\\\nhave been among the worst hits in this year’s sell-off for markets, as the\\\\nFederal Reserve and other central banks raise interest rates to rein in\\\\n\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003einflation\u003c/a\u003e and forcefully turn off the “easy mode” that helped prop up markets\\\\nfor years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-aocs-indecision-on-endorsing-biden-for-second-presidential-term-is-a-big-deal-642961/\\\\\\\"\u003eWhy AOC's indecision on endorsing Biden for second presidential term is a big deal\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"An inflation report offered some support to the market as\\\\nit showed that the wholesale inflation was slightly lower in May than expected,\\\\nthough it remains very high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to economists, the data won’t keep the Federal\\\\nReserve from hiking its key interest rate this week by a larger-than-usual\\\\namount. But the figures offer relief following last week’s market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/how-russia-ukraine-war-is-behind-highest-us-inflation-spike-since-1981-433186/\\\\\\\"\u003eHow Russia-Ukraine war is behind highest US inflation spike since 1981\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Economists said the data won't keep the Federal Reserve\\\\nfrom hiking its key interest rate this week by a larger-than-usual amount, with\\\\nsome even speculating the largest increase since 1994 that's triple the usual\\\\namount. But the figures offer a bit of salve following last week's\\\\nmarket-bludgeoning report that showed inflation at the consumer level surged in\\\\nMay, instead of getting better.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/no-guts-no-glory-donald-trump-slams-bill-barr-for-jan-6-hearing-testimony-512257/\\\\\\\"\u003eNo guts, no glory: Donald Trump slams Bill Barr for Jan 6 hearing testimony\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the two-year Treasury slipped below the\\\\n10-year yield, at 3.32% against 3.35%. The two-year yield is usually lower than\\\\nthe 10-year yield, and in the unusual circumstances where it isn't, some\\\\ninvestors see it as a sign of looming recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/australias-tour-amidst-economic-crisis-to-boost-sri-lanka-financially-268402/\\\\\\\"\u003eAustralia's tour amidst economic crisis to boost Sri Lanka financially\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Higher interest rate benchmarks increase returns on less\\\\nspeculative investments such as bonds, increasing their attractiveness relative\\\\nto stocks. And the moves by design will slow the economy by making it more\\\\nexpensive to borrow.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/eurozone-inflation-soars-to-record-81-amid-rising-energy-and-food-costs-536456/\\\\\\\"\u003eEurozone inflation soars to record 8.1% amid rising energy and food costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets are concerned that central banks could cause a\\\\nrecession if they raise rates too high or too quickly. Last month, the Fed\\\\nindicated additional rate increases of double the usual amount are likely in\\\\nthe coming months. Consumer prices in the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e are at the highest level in four\\\\ndecades and rose 8.6% in May compared with a year-ago period.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-14T21:28:42+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street is swinging between gains and losses on Tuesday in its trading after falling into a bear market amid worries about a fragile economy and rising interest rates. ,The S\u0026P 500 was 5.62 points or 0.15% down at 3,744.01 in early trading. The Dow Jones Industrial Average was 70.50 points or 0.23% down at 30,446.24 as of 10:20 a.m. Eastern time zone. The Nasdaq Composite was 16.71 points or 0.15% down at 10,792.51 after swinging between a gain of 0.9% and a loss of 0.3%. Also Read | What Marjorie Taylor Greene thinks is the reason for tampon shortage,Markets were much calmer, if still tentative, following Monday’s worldwide sell-off. Treasury yields were easing back from their highest levels in more than a decade. Asian and European markets were also mixed, while a measure of nervousness among stock investors on Wall Street was edging lower. Also Read | FDA approves 1st drug for treatment of hair loss disorder alopecia,The only notable exception was bitcoin, which fell another 6.5% to drop below $22,100, according to CoinDesk. Cryptocurrencies have been among the worst hits in this year’s sell-off for markets, as the Federal Reserve and other central banks raise interest rates to rein in inflation and forcefully turn off the “easy mode” that helped prop up markets for years. Also Read | Why AOC's indecision on endorsing Biden for second presidential term is a big deal,An inflation report offered some support to the market as it showed that the wholesale inflation was slightly lower in May than expected, though it remains very high. According to economists, the data won’t keep the Federal Reserve from hiking its key interest rate this week by a larger-than-usual amount. But the figures offer relief following last week’s market. Also Read | How Russia-Ukraine war is behind highest US inflation spike since 1981,Economists said the data won't keep the Federal Reserve from hiking its key interest rate this week by a larger-than-usual amount, with some even speculating the largest increase since 1994 that's triple the usual amount. But the figures offer a bit of salve following last week's market-bludgeoning report that showed inflation at the consumer level surged in May, instead of getting better. Also Read | No guts, no glory: Donald Trump slams Bill Barr for Jan 6 hearing testimony,The yield on the two-year Treasury slipped below the 10-year yield, at 3.32% against 3.35%. The two-year yield is usually lower than the 10-year yield, and in the unusual circumstances where it isn't, some investors see it as a sign of looming recession. Also Read | Australia's tour amidst economic crisis to boost Sri Lanka financially,Higher interest rate benchmarks increase returns on less speculative investments such as bonds, increasing their attractiveness relative to stocks. And the moves by design will slow the economy by making it more expensive to borrow. Also Read | Eurozone inflation soars to record 8.1% amid rising energy and food costs,Markets are concerned that central banks could cause a recession if they raise rates too high or too quickly. Last month, the Fed indicated additional rate increases of double the usual amount are likely in the coming months. Consumer prices in the US are at the highest level in four decades and rose 8.6% in May compared with a year-ago period.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the Federal Reserve,Treasury,European,Fed,US,Inflation, Stock market, share market,early trade, US early trade, Dow Jones, NASDAQ, S\u0026P, Bear market","originalPublishedOn":"2022-06-14T21:28:42+05:30"}},{"node":{"id":"4nMfYcd5QCWv","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-entered-bear-market-on-monday","slugV2":"world/us-stock-market-djia-sp500-nasdaq-and-russell-entered-bear-market-on-monday-143200/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell entered bear market on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-14T09:05:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 151.23 points, or 3.9%, to 3,749.63\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 876.05 points, or 2.8%, to 30,516.74\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 530.80 points, or 4.7%, to 10,809.23\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 85.69 points, or 4.8%, to 1,714.59\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655173006390,\\\"strCount\\\":4361,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street entered a bear market Monday, as concerns about the economy and increasing interest rates dropped the S\u0026amp;P 500 more than 20% below its early-year high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-14-2022-207533/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 14, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The index fell 3.9% in the first opportunity for traders to invest after taking the weekend to contemplate the shocking news that inflation is worsening. The Dow Jones Industrial Average fell more than 1,000 points before concluding with an 876-point loss.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-bajaj-finance-tata-steel-cgcl-and-others-in-news-today-256741/\\\\\\\"\u003eTrending Stocks: Bajaj Finance, Tata Steel, CGCL and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve, which is struggling to keep inflation under control, was once again at the centre of the sell-off. Its main method to do that is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-monday-264245/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turn red in early trade on Monday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street's sobering realization that inflation is accelerating, not peaking, is also sending U.S. bond yields to their highest levels in more than a decade. The two-year Treasury yield shot to 3.36% from 3.06% late Friday in its second straight major move. It earlier touched its highest level since 2007, according to Tradeweb.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-coinbase-tesla-amazon-and-other-stocks-making-biggest-moves-476988/\\\\\\\"\u003eUS Premarket: Coinbase, Tesla, Amazon and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield jumped to 3.37% from 3.15%, and the higher level will make mortgages and many other kinds of loans more expensive. It touched its highest level since 2011.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-inflation-data-rupee-movement-to-weigh-on-sensex-nifty-610541/\\\\\\\"\u003eWeek ahead: Inflation data, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The higher yields mean prices are tumbling for bonds, a relatively rare occurrence for them in recent decades. They're also a particularly painful hit for older and more conservative investors who depend on them as the safer parts of their nest eggs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-in-review-sensex-nifty-fall-as-investors-fear-inflationary-forecast-613713/\\\\\\\"\u003eWeek in review: Sensex, Nifty fall as investors fear inflationary forecast\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic as ultralow rates encouraged some investors to pile into the riskiest investments. \u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e tumbled more than 14% from a day earlier and dropped below $23,400, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/retail-inflation-falls-to-704-in-may-from-8-year-high-of-779-in-april-312802/\\\\\\\"\u003eRetail inflation falls to 7.04% in May from 8-year high of 7.79% in April\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, the S\u0026amp;P 500 fell 151.23 points to 3,749.63 and dropped 21.8% below its record set early this year to put it into what investors call a bear market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 has lost nearly 9% in just three days. That’s its worst stretch since the earliest days of the coronavirus crash in March 2020. The Dow lost 876.05, or 2.8%, to 30,516.74 on Monday, and the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite dropped 530.80, or 4.7% to 10,809.23.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/uk-to-introduce-bill-overriding-brexit-deal-with-eu-sparking-fears-of-trade-war-244267/\\\\\\\"\u003eUK to introduce bill overriding Brexit deal with EU, sparking fears of trade war\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The coronavirus crash in early 2020 was Wall Street's last bear market, and it was an unusually short one that lasted only about a month. The S\u0026amp;P 500 got close to a bear market last month, but it didn't finish a day below the 20% threshold.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Cryptocurrency","slug":"cryptocurrency","id":"L7OoyefNLuEh","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-14T09:05:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street entered a bear market Monday, as concerns about the economy and increasing interest rates dropped the S\u0026P 500 more than 20% below its early-year high. Also Read| Trade Setup: Top 15 things to know before market opens on June 14, 2022,The index fell 3.9% in the first opportunity for traders to invest after taking the weekend to contemplate the shocking news that inflation is worsening. The Dow Jones Industrial Average fell more than 1,000 points before concluding with an 876-point loss. Also Read| Trending Stocks: Bajaj Finance, Tata Steel, CGCL and others in news today,The Federal Reserve, which is struggling to keep inflation under control, was once again at the centre of the sell-off. Its main method to do that is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turn red in early trade on Monday,Wall Street's sobering realization that inflation is accelerating, not peaking, is also sending U.S. bond yields to their highest levels in more than a decade. The two-year Treasury yield shot to 3.36% from 3.06% late Friday in its second straight major move. It earlier touched its highest level since 2007, according to Tradeweb. Also Read| US Premarket: Coinbase, Tesla, Amazon and other stocks making biggest moves,The 10-year yield jumped to 3.37% from 3.15%, and the higher level will make mortgages and many other kinds of loans more expensive. It touched its highest level since 2011. Also Read| Week ahead: Inflation data, rupee movement to weigh on Sensex, Nifty,The higher yields mean prices are tumbling for bonds, a relatively rare occurrence for them in recent decades. They're also a particularly painful hit for older and more conservative investors who depend on them as the safer parts of their nest eggs. Also Read| Week in review: Sensex, Nifty fall as investors fear inflationary forecast,Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic as ultralow rates encouraged some investors to pile into the riskiest investments. Bitcoin tumbled more than 14% from a day earlier and dropped below $23,400, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year. Also Read | Retail inflation falls to 7.04% in May from 8-year high of 7.79% in April,On Wall Street, the S\u0026P 500 fell 151.23 points to 3,749.63 and dropped 21.8% below its record set early this year to put it into what investors call a bear market. Also Read | Why US inflation is going up and when will it come down,The S\u0026P 500 has lost nearly 9% in just three days. That’s its worst stretch since the earliest days of the coronavirus crash in March 2020. The Dow lost 876.05, or 2.8%, to 30,516.74 on Monday, and the Nasdaq composite dropped 530.80, or 4.7% to 10,809.23. Also Read | UK to introduce bill overriding Brexit deal with EU, sparking fears of trade war,The coronavirus crash in early 2020 was Wall Street's last bear market, and it was an unusually short one that lasted only about a month. The S\u0026P 500 got close to a bear market last month, but it didn't finish a day below the 20% threshold.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"The Federal Reserve,U.S.,Treasury,Tradeweb,Bitcoin,Nasdaq","originalPublishedOn":"2022-06-14T09:05:00+05:30"}},{"node":{"id":"DSGSHVXYc2Qr","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-monday","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-monday-264245/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turn red in early trade on Monday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-13T20:17:01+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eS\u0026amp;P 500 was 115.18 points or 2.94% down at 3,785.25\u003c/li\u003e\n \u003cli\u003eMarket is expecting the Fed to raise key interest rate by three-quarters of a percentage point\u003c/li\u003e\n \u003cli\u003eThe 10-year yield rose to 3.27% from 3.15%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655131620889,\\\"strCount\\\":3681,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks continued their losing spree on Monday, sending\\\\nthe S\u0026amp;P 500 down more than 20% from its record high, amid concerns that a\\\\nrecession is more likely given how unshakeable \u003ca href=\\\\\\\"https://opoyi.com/world/how-russia-ukraine-war-is-behind-highest-us-inflation-spike-since-1981-433186/\\\\\\\"\u003einflation\u003c/a\u003e has become. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The\\\\nS\u0026amp;P 500 was 115.18 points or 2.94% down at 3,785.25 in the morning trading\\\\nafter investors had the weekend to reflect on a stunning report that showed\\\\ninflation is getting worse, not better as some had hoped. The Dow Jones\\\\nIndustrial Average was down 736.37 points or 2.35% down to 30,656.42 as of\\\\n10:15 a.m. Eastern time zone.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street continued to watch the \u003ca href=\\\\\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e, which\\\\nis scrambling to get inflation under control. Its main way to do that is to\\\\nhike \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003einterest rates\u003c/a\u003e to slow the overall economy, a blunt tool that carries the\\\\nrisk of causing a recession if used too aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/justin-bieber-is-showing-early-signs-of-recovery-says-surgeon-559225/\\\\\\\"\u003eJustin Bieber is showing early signs of recovery, says surgeon\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market is expecting the Fed to raise its key\\\\nshort-term interest rate by three-quarters of a percentage point, later this\\\\nweek. That’s three times the usual amount and something the Fed hasn’t done\\\\nsince 1994. According to CME Group, traders now see a 42% probability of such a\\\\nmega-hike, up from just 3% a week ago.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-was-donald-trumps-7-point-plan-to-overturn-2020-us-presidential-elections-214715/\\\\\\\"\u003eWhat was Trump’s 7-point plan to overturn 2020 elections\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market is bracing for a continued series of\\\\nbigger-than-usual hikes. Additionally, high gasoline prices contributed to a\\\\nrecord-low preliminary reading on consumer sentiment, along with other\\\\ndiscouraging signals about the economy and corporate profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such anticipations are also sending \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e bond yields to\\\\ntheir highest levels in years. The two-year Treasury yield shot to 3.20% from\\\\n3.06% late Friday, its second straight hike. It’s more than quadrupled this\\\\nyear and touched its highest level since 2008.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/january-6-hearings-donald-trumps-ex-campaign-manager-bill-stepien-to-testify-351710/\\\\\\\"\u003eJanuary 6 hearings: Trump's ex-campaign manager Bill Stepien to testify\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield rose to 3.27% from 3.15%, and the\\\\nhigher level will make mortgages, home loans and other loans for businesses\\\\nmore expensive.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The gap between the two-year and 10-year yields is also\\\\ndecreasing, a signal of increased pessimism in the bond market. If the two-year\\\\nyield is higher than the 10-year yield, some investors see it as a sign of a\\\\nlooming recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/turkey-has-legitimate-concerns-over-terrorism-natos-jens-stoltenberg-205465/\\\\\\\"\u003eTurkey has 'legitimate concerns' over terrorism: NATO's Jens Stoltenberg\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some of the biggest hits came from cryptocurrencies,\\\\nwhich surged early in the pandemic when record-low interest rates encouraged\\\\ninvestors to bid up the riskiest investments. \u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e plunged over 14% and fell\\\\nbelow $23,400, according to Coindesk. It's back to where it was in late 2020\\\\nand down from a peak of $68,990 in November last year.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-13T20:17:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks continued their losing spree on Monday, sending the S\u0026P 500 down more than 20% from its record high, amid concerns that a recession is more likely given how unshakeable inflation has become. ,The S\u0026P 500 was 115.18 points or 2.94% down at 3,785.25 in the morning trading after investors had the weekend to reflect on a stunning report that showed inflation is getting worse, not better as some had hoped. The Dow Jones Industrial Average was down 736.37 points or 2.35% down to 30,656.42 as of 10:15 a.m. Eastern time zone. Also Read | Why US inflation is going up and when will it come down,Wall Street continued to watch the Federal Reserve, which is scrambling to get inflation under control. Its main way to do that is to hike interest rates to slow the overall economy, a blunt tool that carries the risk of causing a recession if used too aggressively. Also Read | Justin Bieber is showing early signs of recovery, says surgeon,The market is expecting the Fed to raise its key short-term interest rate by three-quarters of a percentage point, later this week. That’s three times the usual amount and something the Fed hasn’t done since 1994. According to CME Group, traders now see a 42% probability of such a mega-hike, up from just 3% a week ago. Also Read | What was Trump’s 7-point plan to overturn 2020 elections,The market is bracing for a continued series of bigger-than-usual hikes. Additionally, high gasoline prices contributed to a record-low preliminary reading on consumer sentiment, along with other discouraging signals about the economy and corporate profits. Such anticipations are also sending US bond yields to their highest levels in years. The two-year Treasury yield shot to 3.20% from 3.06% late Friday, its second straight hike. It’s more than quadrupled this year and touched its highest level since 2008. Also Read | January 6 hearings: Trump's ex-campaign manager Bill Stepien to testify,The 10-year yield rose to 3.27% from 3.15%, and the higher level will make mortgages, home loans and other loans for businesses more expensive. The gap between the two-year and 10-year yields is also decreasing, a signal of increased pessimism in the bond market. If the two-year yield is higher than the 10-year yield, some investors see it as a sign of a looming recession. Also Read | Turkey has 'legitimate concerns' over terrorism: NATO's Jens Stoltenberg,Some of the biggest hits came from cryptocurrencies, which surged early in the pandemic when record-low interest rates encouraged investors to bid up the riskiest investments. Bitcoin plunged over 14% and fell below $23,400, according to Coindesk. It's back to where it was in late 2020 and down from a peak of $68,990 in November last year.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,the Federal Reserve,CME Group,US,Treasury,Bitcoin,NASDAQ, S\u0026P 500, Dow Jones, US early trade, US Stock market, United states,Inflation,Stock market, Federal reserve, Dow jones","originalPublishedOn":"2022-06-13T20:17:00+05:30"}},{"node":{"id":"5p9gnxtv6y0g","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-25-down-on-friday","slugV2":"technology/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-25-down-on-friday-153101/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2.5% down on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-13T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 116.96 points, or 2.9%, to 3,900.86\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 880 points, or 2.7%, to 31,392.79\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 414.20 points, or 3.5%, to 11,340.02\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 50.57 points, or 2.7%, to 1,800.28\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655083856298,\\\"strCount\\\":3629,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street's chilling realisation that inflation deteriorated rather than improved last month sent stocks into a tailspin on Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-13-2022-309365/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 13, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 2.9%, marking its ninth consecutive losing week while falling bond prices pushed Treasury rates to their highest levels in years. The Dow Jones Industrial Average sank 2.7%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite fell 3.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-companies-to-compensate-ethanol-producers-for-higher-energy-costs-242501/\\\\\\\"\u003eOil companies to compensate ethanol producers for higher energy costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street was hopeful that a highly awaited report would reveal that the worst inflation in history dropped slightly last month and had passed its peak. Instead, the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e government reported that inflation increased to 8.6% in May, up from 8.3% the previous month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-friday-248494/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turn red in early trade on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve has already begun raising interest rates and making other moves in order to slow the economy, in hopes of forcing down inflation. Wall Street took Friday’s reading to mean the Fed’s foot will remain firmly on the brake for the economy, dashing hopes that it may ease up later this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-docusign-stitch-fix-and-other-stocks-making-biggest-moves-636382/\\\\\\\"\u003eUS Premarket: DocuSign, Stitch Fix and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The nation's high inflation, plus the expectations for an aggressive Fed, have sent the two-year Treasury yield to its highest level since 2008 and the S\u0026amp;P 500 down 18.7% from its record set in early January. The worst pain has hit high-growth technology stocks, cryptocurrencies and other particularly big winners of the pandemic's earlier days. But the damage is broadening out as retailers and others are warning about upcoming profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\\\\\"\u003eExplained: The impact of bond yields on markets and investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 116.96 points to 3,900.86. Combined with its losses from Thursday, when investors were rushing to lock in final trades before the inflation report, it was the worst two-day stretch for Wall Street’s benchmark in nearly two years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow lost 880.00 points to 31,392.79, and the Nasdaq tumbled 414.20 to 11,340.02.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big \u003ca href=\\\\\\\"https://opoyi.com/topics/tech/\\\\\\\"\u003eTech\u003c/a\u003e stocks were some of the heaviest weights amid broad losses for the biggest winners of the prior ultralow-rate era. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 4.5%, \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e dropped 5.6% and Nvidia sank 6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies that depend on strong spending from consumers were also particularly weak following the reading on consumer sentiment. Caesars Entertainment fell 9.3%, and cruise operator Royal Caribbean dropped 7.3%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Tech","slug":"tech","id":"ESpdxhwLPCkI","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-13T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street's chilling realisation that inflation deteriorated rather than improved last month sent stocks into a tailspin on Friday. Also Read | Trade Setup: Top 13 things to know before market opens on June 13, 2022,The S\u0026P 500 fell 2.9%, marking its ninth consecutive losing week while falling bond prices pushed Treasury rates to their highest levels in years. The Dow Jones Industrial Average sank 2.7%, while the Nasdaq Composite fell 3.5%. Also Read| Oil companies to compensate ethanol producers for higher energy costs,Wall Street was hopeful that a highly awaited report would reveal that the worst inflation in history dropped slightly last month and had passed its peak. Instead, the US government reported that inflation increased to 8.6% in May, up from 8.3% the previous month. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turn red in early trade on Friday,The Federal Reserve has already begun raising interest rates and making other moves in order to slow the economy, in hopes of forcing down inflation. Wall Street took Friday’s reading to mean the Fed’s foot will remain firmly on the brake for the economy, dashing hopes that it may ease up later this year. Also Read| US Premarket: DocuSign, Stitch Fix and other stocks making biggest moves,The nation's high inflation, plus the expectations for an aggressive Fed, have sent the two-year Treasury yield to its highest level since 2008 and the S\u0026P 500 down 18.7% from its record set in early January. The worst pain has hit high-growth technology stocks, cryptocurrencies and other particularly big winners of the pandemic's earlier days. But the damage is broadening out as retailers and others are warning about upcoming profits. Also Read| Explained: The impact of bond yields on markets and investors,The S\u0026P 500 fell 116.96 points to 3,900.86. Combined with its losses from Thursday, when investors were rushing to lock in final trades before the inflation report, it was the worst two-day stretch for Wall Street’s benchmark in nearly two years. The Dow lost 880.00 points to 31,392.79, and the Nasdaq tumbled 414.20 to 11,340.02. Also Read| Why US inflation is going up and when will it come down,Big Tech stocks were some of the heaviest weights amid broad losses for the biggest winners of the prior ultralow-rate era. Microsoft fell 4.5%, Amazon dropped 5.6% and Nvidia sank 6%. Also Read| 5 reasons why Indian rupee had a great fall,Companies that depend on strong spending from consumers were also particularly weak following the reading on consumer sentiment. Caesars Entertainment fell 9.3%, and cruise operator Royal Caribbean dropped 7.3%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Fed,US,The Federal Reserve,Nasdaq,Tech,Microsoft,Amazon,Caesars Entertainment,Royal Caribbean,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-06-13T08:45:00+05:30"}},{"node":{"id":"cX2rRLmNARnn","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-friday","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turn-red-in-early-trade-on-friday-248494/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turn red in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-10T20:45:59+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average was down 778.48 points or 2.4% at 31,494.31\u003c/li\u003e\n \u003cli\u003eThe US government said inflation surged to 8.6% in May\u003c/li\u003e\n \u003cli\u003eThe 10-year yield jumped to 3.10% from 3.04%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654874158369,\\\"strCount\\\":4022,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street trembled on Friday, and \u003ca href=\\\\\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\\\\\"\u003estocks\u003c/a\u003e plunged after\\\\ngetting battered by data showing \u003ca href=\\\\\\\"https://opoyi.com/world/what-are-the-effects-of-the-fed-raising-interest-rates-to-fight-inflation-386419/\\\\\\\"\u003einflation\u003c/a\u003e is getting worse, not better as\\\\ninvestors had been hoping.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 107.53 points or 2.68% lower at\\\\n3,910.29 in the morning trading, while moves in the bond market indicated\\\\ninvestors’ worries are building about a possible recession. The Dow Jones\\\\nIndustrial Average was down 778.48 points or 2.4% at 31,494.31 as of 10:13 a.m.\\\\nEastern time zone. The Nasdaq composite fell 363.97 points or 3.10% to\\\\n11,390.26.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/who-was-julee-cruise-177240/\\\\\\\"\u003eWho was Julee Cruise, David Lynch collaborator and singer dead at 65?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street came into Friday hoping a highly awaited\\\\nreport on the consumer price index would show the worst inflation in generations\\\\nslowed last month. Instead, the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e government said inflation surged to 8.6% in\\\\nMay from 8.3% a month earlier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e has already started \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003eincreasing\\\\ninterest rates\u003c/a\u003e and taking other measures in order to slow the economy, in hopes\\\\nof forcing down inflation. Wall Street interpreted Friday's report to mean the\\\\nFed's foot will remain firmly on the brakes for the economy, raising hopes that\\\\nit may take a pause later this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/why-ukraine-has-to-now-completely-depend-on-weapons-from-allies-418276/\\\\\\\"\u003eWhy Ukraine has to now completely depend on weapons from allies\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market is anticipating a half a percentage points\\\\nhike in Fed’s key short-term interest rate at each of its next three meetings,\\\\nbeginning next week. That third one in September had been up for debate among\\\\ninvestors in recent weeks. The Fed has raised rates by that degree only once\\\\nsince 2000, in May.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Too-aggressive rate hikes by the Fed could ultimately\\\\nforce the economy into a recession. Higher interest rates make borrowing more\\\\nexpensive, which negatively impacts spending and investments by households and\\\\ncompanies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/shangri-la-dialogue-china-to-start-a-war-if-taiwan-declares-independence-463685/\\\\\\\"\u003eChina warns US it will 'start a war' if Taiwan declares independence\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The two-year Treasury yield rose to 2.94% following the\\\\ninflation report, after touching its highest level since 2018. It's up from\\\\n2.83% late Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield was zoomed, but more modestly than the\\\\ntwo-year yield, which is more influenced by expectations for Fed movements. The\\\\n10-year yield jumped to 3.10% from 3.04%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/psychedelics-and-mdma-elon-musks-solution-to-the-us-mental-health-crisis-468899/\\\\\\\"\u003e'Psychedelics and MDMA': Musk's solution to the US mental health crisis\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The narrowing gap between those two yields indicates that\\\\ninvestors in the bond market are more worried about economic growth. If the\\\\ntwo-year yield rises above the 10-year yield, some investors see that as a red\\\\nflag warning of a recession hitting in a year or two.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/why-norway-is-terminating-20-year-old-nh90-military-helicopters-contract-300198/\\\\\\\"\u003eWhy Norway is terminating 20-year-old NH90 military helicopters contract\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"A higher-than-expected CPI number seals the deal on\\\\ninvestors' fears,\\\\\\\" Mike Loewengart, managing director at E-Trade from\\\\nMorgan Stanley, wrote in a research note. \\\\\\\"And though consumers may be\\\\nexperiencing high prices in their day-to-day, especially at the pump, it's\\\\ndisappointing to see that we don't have a lid on inflation yet, despite the\\\\nFed's efforts.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 is moving towards its ninth losing week\\\\nin the last 10.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-10T20:45:57+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street trembled on Friday, and stocks plunged after getting battered by data showing inflation is getting worse, not better as investors had been hoping. The S\u0026P 500 was 107.53 points or 2.68% lower at 3,910.29 in the morning trading, while moves in the bond market indicated investors’ worries are building about a possible recession. The Dow Jones Industrial Average was down 778.48 points or 2.4% at 31,494.31 as of 10:13 a.m. Eastern time zone. The Nasdaq composite fell 363.97 points or 3.10% to 11,390.26. Also Read | Who was Julee Cruise, David Lynch collaborator and singer dead at 65?,Wall Street came into Friday hoping a highly awaited report on the consumer price index would show the worst inflation in generations slowed last month. Instead, the US government said inflation surged to 8.6% in May from 8.3% a month earlier. The Federal Reserve has already started increasing interest rates and taking other measures in order to slow the economy, in hopes of forcing down inflation. Wall Street interpreted Friday's report to mean the Fed's foot will remain firmly on the brakes for the economy, raising hopes that it may take a pause later this year. Also Read | Why Ukraine has to now completely depend on weapons from allies,The market is anticipating a half a percentage points hike in Fed’s key short-term interest rate at each of its next three meetings, beginning next week. That third one in September had been up for debate among investors in recent weeks. The Fed has raised rates by that degree only once since 2000, in May. Too-aggressive rate hikes by the Fed could ultimately force the economy into a recession. Higher interest rates make borrowing more expensive, which negatively impacts spending and investments by households and companies. Also Read | China warns US it will 'start a war' if Taiwan declares independence,The two-year Treasury yield rose to 2.94% following the inflation report, after touching its highest level since 2018. It's up from 2.83% late Thursday. The 10-year yield was zoomed, but more modestly than the two-year yield, which is more influenced by expectations for Fed movements. The 10-year yield jumped to 3.10% from 3.04%. Also Read | 'Psychedelics and MDMA': Musk's solution to the US mental health crisis,The narrowing gap between those two yields indicates that investors in the bond market are more worried about economic growth. If the two-year yield rises above the 10-year yield, some investors see that as a red flag warning of a recession hitting in a year or two. Also Read | Why Norway is terminating 20-year-old NH90 military helicopters contract,A higher-than-expected CPI number seals the deal on investors' fears, Mike Loewengart, managing director at E-Trade from Morgan Stanley, wrote in a research note. And though consumers may be experiencing high prices in their day-to-day, especially at the pump, it's disappointing to see that we don't have a lid on inflation yet, despite the Fed's efforts. The S\u0026P 500 is moving towards its ninth losing week in the last 10.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,US,The Federal Reserve,Treasury,Morgan Stanley,stock market, US stock market, Early trade, US early trade, Inflation, share market,Federal Reserve, US inflation, US inflation May,Nasdaq, S\u0026P 500, Dow jones,Bond yields","originalPublishedOn":"2022-06-10T20:45:57+05:30"}},{"node":{"id":"phqcOYpRcooM","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-down-on-thursday","slugV2":"usa/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-down-on-thursday-481945/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2% down on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-10T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 97.95 points, or 2.4%, to 4,017.82\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 638.11 points, or 1.9%, to 32,272.79\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 332.05 points, or 2.7%, to 11,754.23\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 40.15 points, or 2.1%, to 1,850.86\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654828908830,\\\"strCount\\\":3505,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks fell on Thursday as the fresh signal that the federal reserve now worries more about battling inflation than supporting up markets.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-10-2022-640585/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 10, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 2.4%, putting it on track for its ninth consecutive negative week. The Dow Jones Industrial Average dropped 1.9%, while the Nasdaq Composite dropped 2.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-hdfc-bajaj-auto-dr-reddys-and-others-in-news-today-281459/\\\\\\\"\u003eTrending Stocks: HDFC, Bajaj Auto, Dr Reddy's and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street's losses escalated as the trading bell rang, with traders rushing to make last-minute movements ahead of eagerly anticipated data on \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e inflation expected Friday morning. The decrease in the S\u0026amp;ampP 500 more than doubled in the last hour of trade.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-419544/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 97.95 points to close at 4,017.82, while the Dow Jones Industrial Average fell 638.11 to 32,272.79 and the Nasdaq composite tumbled 332.05 to 11,754.23.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-signet-tesla-novavax-and-other-stocks-making-biggest-moves-134292/\\\\\\\"\u003eUS Premarket: Signet, Tesla, Novavax and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European stocks sank immediately following the European Central Bank’s announcement on rates, which came before U.S. markets opened. \u003ca href=\\\\\\\"https://opoyi.com/topics/french/\\\\\\\"\u003eFrench\u003c/a\u003e stocks were down only slightly before the announcement, but the CAC 40 index fell to a 1.4% loss afterwards. Germany’s DAX lost 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/online-cosmetics-retailer-purplle-turns-unicorn-after-33-million-fundraise-430339/\\\\\\\"\u003eOnline cosmetics retailer Purplle turns unicorn after $33 million fundraise\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the U.S., Treasury yields rose following the move from Amsterdam, though they wobbled a bit after that. The 10-year Treasury yield got as high as 3.09% before paring back to 3.04%, up from 3.02% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-shares-hit-new-low-of-rs-720-investors-lose-rs-14-lakh-crore-570211/\\\\\\\"\u003eLIC shares hit new low of Rs 720, investors lose Rs 1.4 lakh crore\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Lockdowns in major \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e cities because of COVID-19 have added more pressure to global supply chains, which in turn worsens inflation. But some of the impacts could be eased. \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e reported its exports surged 17% over a year earlier in May, up from April’s 3.7% growth, as coronavirus precautions loosened in \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e and other cities.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-friday-june-10-2022-615693/\\\\\\\"\u003eStocks that should be on your watchlist on Friday, June 10, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Many investors are bracing for big swings in financial markets to continue given the deep uncertainties about where inflation and the Fed’s policies are heading. Stocks have been clawing back since hitting a bottom in the middle of last month, but the S\u0026amp;P 500 remains down 15.7% for the year so far.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"French","slug":"french","id":"r2aSti22DERa","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-10T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks fell on Thursday as the fresh signal that the federal reserve now worries more about battling inflation than supporting up markets. Also Read| Trade Setup: Top 15 things to know before market opens on June 10, 2022,The S\u0026P 500 fell 2.4%, putting it on track for its ninth consecutive negative week. The Dow Jones Industrial Average dropped 1.9%, while the Nasdaq Composite dropped 2.7%. Also Read| Trending Stocks: HDFC, Bajaj Auto, Dr Reddy's and others in news today,Wall Street's losses escalated as the trading bell rang, with traders rushing to make last-minute movements ahead of eagerly anticipated data on US inflation expected Friday morning. The decrease in the S\u0026ampP 500 more than doubled in the last hour of trade. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday,The S\u0026P 500 lost 97.95 points to close at 4,017.82, while the Dow Jones Industrial Average fell 638.11 to 32,272.79 and the Nasdaq composite tumbled 332.05 to 11,754.23. Also Read| US Premarket: Signet, Tesla, Novavax and other stocks making biggest moves,European stocks sank immediately following the European Central Bank’s announcement on rates, which came before U.S. markets opened. French stocks were down only slightly before the announcement, but the CAC 40 index fell to a 1.4% loss afterwards. Germany’s DAX lost 1.7%. Also Read| Online cosmetics retailer Purplle turns unicorn after $33 million fundraise,In the U.S. Treasury yields rose following the move from Amsterdam, though they wobbled a bit after that. The 10-year Treasury yield got as high as 3.09% before paring back to 3.04%, up from 3.02% late Wednesday. Also Read| LIC shares hit new low of Rs 720, investors lose Rs 1.4 lakh crore,Lockdowns in major Chinese cities because of COVID-19 have added more pressure to global supply chains, which in turn worsens inflation. But some of the impacts could be eased. China reported its exports surged 17% over a year earlier in May, up from April’s 3.7% growth, as coronavirus precautions loosened in Shanghai and other cities. Also Read| Stocks that should be on your watchlist on Friday, June 10, 2022,Many investors are bracing for big swings in financial markets to continue given the deep uncertainties about where inflation and the Fed’s policies are heading. Stocks have been clawing back since hitting a bottom in the middle of last month, but the S\u0026P 500 remains down 15.7% for the year so far.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,Treasury,the Nasdaq Composite,US,European,the European Central Bank,French,Germany,Amsterdam,Chinese,China,Shanghai,Fed","originalPublishedOn":"2022-06-10T09:00:00+05:30"}},{"node":{"id":"M4t1753t1WD8","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-9","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-419544/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-09T20:53:14+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 74.04 points or 0.22% to 32,386.86\u003c/li\u003e\n \u003cli\u003eBanks and health care companies declined sharply\u003c/li\u003e\n \u003cli\u003eRetailers and makers of consumer goods gained ground\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654788192860,\\\"strCount\\\":3717,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks turned lower in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/topics/closingbell/\\\\\\\"\u003eWall Street\u003c/a\u003e Thursday as investors struggle to determine some direction for markets amid consistent volatile trading.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 6.35 points or 0.15% to 4,109.42 as of 10:17 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 74.04 points or 0.22% to 32,386.86. The Nasdaq Composite fell 15.50 points or 0.13% to 12,070.78.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/online-cosmetics-retailer-purplle-turns-unicorn-after-33-million-fundraise-430339/\\\\\\\"\u003eOnline cosmetics retailer Purplle turns unicorn after $33 million fundraise\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks and health care companies declined sharply. Capital One fell 1.7% and Eli Lily slid 1.1% \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers and makers of consumer goods gained ground. Dollar General rose 1.3% and Costco surged 2.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields turned higher. The yield on the 10-year Treasury increased to 3.04% from 3.02% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/capitol-riots-hearing-who-all-are-part-of-jan-6-panel-and-what-are-their-roles-218290/\\\\\\\"\u003eCapitol riots hearing: Who all are part of Jan 6 panel and what are their roles?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Major indexes have been swinging between gains and losses, sometimes by the hour. Despite the volatility, they are mostly flat for the week. Overall, the market is still in a deep slump. The benchmark S\u0026amp;P 500 index has declined in eight of the last nine weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/usa/for-commodity-prices-in-the-west-there-is-only-one-direction-up-569038/\\\\\\\"\u003eSoaring inflation\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/world/what-are-the-effects-of-the-fed-raising-interest-rates-to-fight-inflation-386419/\\\\\\\"\u003ecentral banks’ efforts\u003c/a\u003e to curb the impact of interest rate hikes remain the key concerns for Wall Street.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also\u0026nbsp;Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-shares-data-with-musk-to-hold-shareholder-vote-on-sale-in-august-report-624236/\\\\\\\"\u003eTwitter shares data with Musk, to hold shareholder vote on sale in August: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e is widely expected to raise its key short-term interest rate by half a percentage point at its meeting next week. That would be the second straight increase of double the usual amount, and investors expect the third hike in July.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The interest rate hikes from central banks are an attempt to slow economic growth enough to control inflation, particularly by reducing pressure from the persistent supply and demand disconnect at the root of the problem.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/apple-wwdc-2022-all-big-announcements-164459/\\\\\\\"\u003eApple WWDC 2022: All big announcements\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is concerned that the Fed could go too far or too fast in raising rates and push the economy into a recession, especially with economic growth already slowing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Businesses have had increased prices on everything from food to clothing. Many have warned about waning demand. Consumers are seeing inflation cutting their pockets and have shifted spending to focus more on necessities or services, like travel, rather than buying discretionary items like electronics or clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/walmart-heir-rob-walton-could-buy-denver-broncos-for-45-billion-report-383488/\\\\\\\"\u003eWalmart heir Rob Walton could buy Denver Broncos for $4.5 billion: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Higher gas prices have been putting pressure on both consumers and businesses, raising concerns that inflation could persist. US crude oil prices were relatively stable on Thursday but are up more than 60% this year, with much of the jump stemming from Russia's invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-09T20:53:12+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks turned lower in morning trading on Wall Street Thursday as investors struggle to determine some direction for markets amid consistent volatile trading. The S\u0026P 500 fell 6.35 points or 0.15% to 4,109.42 as of 10:17 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 74.04 points or 0.22% to 32,386.86. The Nasdaq Composite fell 15.50 points or 0.13% to 12,070.78. Also Read | Online cosmetics retailer Purplle turns unicorn after $33 million fundraise,Banks and health care companies declined sharply. Capital One fell 1.7% and Eli Lily slid 1.1% ,Retailers and makers of consumer goods gained ground. Dollar General rose 1.3% and Costco surged 2.1%. Bond yields turned higher. The yield on the 10-year Treasury increased to 3.04% from 3.02% late Wednesday. Also Read | Capitol riots hearing: Who all are part of Jan 6 panel and what are their roles?,Major indexes have been swinging between gains and losses, sometimes by the hour. Despite the volatility, they are mostly flat for the week. Overall, the market is still in a deep slump. The benchmark S\u0026P 500 index has declined in eight of the last nine weeks. Soaring inflation and central banks’ efforts to curb the impact of interest rate hikes remain the key concerns for Wall Street. Also Read | Twitter shares data with Musk, to hold shareholder vote on sale in August: Report,The Federal Reserve is widely expected to raise its key short-term interest rate by half a percentage point at its meeting next week. That would be the second straight increase of double the usual amount, and investors expect the third hike in July. The interest rate hikes from central banks are an attempt to slow economic growth enough to control inflation, particularly by reducing pressure from the persistent supply and demand disconnect at the root of the problem. Also Read | Apple WWDC 2022: All big announcements,Wall Street is concerned that the Fed could go too far or too fast in raising rates and push the economy into a recession, especially with economic growth already slowing. Businesses have had increased prices on everything from food to clothing. Many have warned about waning demand. Consumers are seeing inflation cutting their pockets and have shifted spending to focus more on necessities or services, like travel, rather than buying discretionary items like electronics or clothing. Also Read | Walmart heir Rob Walton could buy Denver Broncos for $4.5 billion: Report,Higher gas prices have been putting pressure on both consumers and businesses, raising concerns that inflation could persist. US crude oil prices were relatively stable on Thursday but are up more than 60% this year, with much of the jump stemming from Russia's invasion of Ukraine.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Eli Lily,Costco,Treasury,The Federal Reserve,Fed,Russia,Ukraine,NASDAQ, Dow Jones, S\u0026P 500, Stock market, share market,US stock market, US early trade,Inflation","originalPublishedOn":"2022-06-09T20:53:12+05:30"}},{"node":{"id":"BxFaDJapz1BP","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-4","slugV2":"usa/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-230067/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-09T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 44.91 points, or 1.1%, to 4,115.77\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 269.24 points, or 0.8%, to 32,910.90\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 88.96 points, or 0.7%, to 12,086.27\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 28.56 points, or 1.5%, to 1,891.01\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654738814639,\\\"strCount\\\":3568,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks slumped significantly on Wall Street on Wednesday, wiping away most of the week's gains, as investors were worried by further evidence of inflation's impact on businesses and another bleak forecast for the global economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-9-2022-444202/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 9, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The losses come after a string of rocky days for markets, with key indexes frequently wobbling between gains and losses by the hour. Investors are still trying to figure out how increasing interest rates and inflation will affect the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-bpcl-pnb-wipro-tata-power-and-others-in-news-today-292416/\\\\\\\"\u003eTrending Stocks: BPCL, PNB, Wipro, Tata Power and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index dropped 44.91 points, or 1.1%, to 4,115.77. The benchmark index managed to maintain its weekly rise. It has made a loss in eight of the past nine weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fell 269.24 points, or 0.8%, to 32,910.90 and the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e fell 88.96 points, or 0.7%, to 12,086.27.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-628154/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks and industrial companies were among the biggest weights on the broader market. Wells Fargo fell 1.8% and Union Pacific shed 3.1%. Some technology stocks also fell. \u003ca href=\\\\\\\"https://opoyi.com/topics/intel/\\\\\\\"\u003eIntel\u003c/a\u003e lost 5.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks fell more than the rest of the market. The Russell 2000 fell 28.56 points, or 1.5%, to 1,891.01.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-campbell-thor-novavax-and-other-stocks-making-biggest-moves-200401/\\\\\\\"\u003eUS Premarket: Campbell, Thor, Novavax and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields rose. The yield on the 10-year Treasury, which banks use to set rates on mortgages and other loans, rose to 3.02% from 2.97% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-impact-of-rbis-repo-rate-hike-on-deposits-loans-131825/\\\\\\\"\u003eExplained: Impact of RBI's repo rate hike on deposits, loans\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation continues to sting businesses. Lawn care products company Scotts Miracle-Gro slumped 8.9% after slashing its profit forecast for the year because retailers aren't replenishing orders as expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-key-points-from-governor-shaktikanta-das-press-conference-477003/\\\\\\\"\u003eRBI MPC meet: Key points from Governor Shaktikanta Das' press conference\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers have been warning that inflation is crimping sales as consumers shift to either spending on services or focusing on necessities rather than purchasing otherwise discretionary items, like electronics.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-10-highlights-from-shaktikanta-das-speech-255474/\\\\\\\"\u003eRBI MPC meet: 10 highlights from Shaktikanta Das' speech\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The impact of inflation has only been worsened by Russia's invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e, which has put more pressure on energy and food prices since February. U.S. crude oil prices rose 2.3% on Wednesday and are up 63% for the year, while wheat prices are up 39% in 2022. Supply chains have also gotten tighter following a series of lockdowns for \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e cities fighting COVID-19 cases.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Intel","slug":"intel","id":"684cgAYG8tf8","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-09T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks slumped significantly on Wall Street on Wednesday, wiping away most of the week's gains, as investors were worried by further evidence of inflation's impact on businesses and another bleak forecast for the global economy. Also Read| Trade Setup: Top 15 things to know before market opens on June 9, 2022,The losses come after a string of rocky days for markets, with key indexes frequently wobbling between gains and losses by the hour. Investors are still trying to figure out how increasing interest rates and inflation will affect the economy. Also Read| Trending Stocks: BPCL, PNB, Wipro, Tata Power and others in news today,The S\u0026P 500 index dropped 44.91 points, or 1.1%, to 4,115.77. The benchmark index managed to maintain its weekly rise. It has made a loss in eight of the past nine weeks. The Dow Jones Industrial Average fell 269.24 points, or 0.8%, to 32,910.90 and the Nasdaq fell 88.96 points, or 0.7%, to 12,086.27. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday,Banks and industrial companies were among the biggest weights on the broader market. Wells Fargo fell 1.8% and Union Pacific shed 3.1%. Some technology stocks also fell. Intel lost 5.3%. Smaller company stocks fell more than the rest of the market. The Russell 2000 fell 28.56 points, or 1.5%, to 1,891.01. Also Read| US Premarket: Campbell, Thor, Novavax and other stocks making biggest moves,Bond yields rose. The yield on the 10-year Treasury, which banks use to set rates on mortgages and other loans, rose to 3.02% from 2.97% late Tuesday. Also Read | Explained: Impact of RBI's repo rate hike on deposits, loans,Inflation continues to sting businesses. Lawn care products company Scotts Miracle-Gro slumped 8.9% after slashing its profit forecast for the year because retailers aren't replenishing orders as expected. Also Read | RBI MPC meet: Key points from Governor Shaktikanta Das' press conference,Retailers have been warning that inflation is crimping sales as consumers shift to either spending on services or focusing on necessities rather than purchasing otherwise discretionary items, like electronics. Also Read| RBI MPC meet: 10 highlights from Shaktikanta Das' speech,The impact of inflation has only been worsened by Russia's invasion of Ukraine, which has put more pressure on energy and food prices since February. U.S. crude oil prices rose 2.3% on Wednesday and are up 63% for the year, while wheat prices are up 39% in 2022. Supply chains have also gotten tighter following a series of lockdowns for Chinese cities fighting COVID-19 cases.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Nasdaq,Wells Fargo,Union Pacific,Intel,Russell,Treasury,Scotts Miracle-Gro,Russia,Ukraine,U.S.,Chinese","originalPublishedOn":"2022-06-09T08:30:00+05:30"}},{"node":{"id":"xCizaQyU9RHp","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-5","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-628154/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-08T21:08:05+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 124.50 points or 0.38% to 33,055.64\u003c/li\u003e\n \u003cli\u003eBanks and industrial companies were among the biggest gainers\u003c/li\u003e\n \u003cli\u003eThe yield on the 10-year Treasury, surged to 3.02% from 2.97%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654702682878,\\\"strCount\\\":4350,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks traded lower in the morning on Wall Street\\\\nWednesday and trading remained choppy as investors try to determine how\\\\n\u003ca href=\\\\\\\"https://opoyi.com/india/rbi-mpc-meet-central-bank-raises-inflation-projections-above-117046/\\\\\\\"\u003einflation\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003erising interest rates\u003c/a\u003e will impact the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 10.62 points or 0.26% as of 10:21\\\\na.m. Eastern Time Zone. The Dow Jones Industrial Average fell 124.50 points or\\\\n0.38% to 33,055.64. The Nasdaq rose 17.90 points or 0.15% to 12,193.13.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/jan-6-committee-hearing-what-to-expect-290919/\\\\\\\"\u003eJan. 6 committee hearing: What to expect\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks and industrial companies were among the biggest\\\\ngainers in the broader market. Wells Fargo slid 1.5% and Union Pacific fell\\\\n3.3%. Technology stocks were also falling. \u003ca href=\\\\\\\"https://opoyi.com/topics/intel/\\\\\\\"\u003eIntel\u003c/a\u003e shed 4.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields increased. The yield on the 10-year Treasury,\\\\nwhich banks use to set rates on mortgages and other loans, surged to 3.02% from\\\\n2.97% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/why-mike-pence-will-be-central-figure-at-jan-6-hearing-669590/\\\\\\\"\u003eWhy Mike Pence will be central figure at Jan. 6 hearing\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets were down and \u003ca href=\\\\\\\"https://opoyi.com/topics/closingbell/\\\\\\\"\u003eAsian markets\u003c/a\u003e ended mostly\\\\nhigher overnight.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It has been a volatile week for major indexes, which have\\\\nswung between gains and losses, sometimes by the hour. The benchmark S\u0026amp;P\\\\n500 index is on track for weekly gains. It has ended lower for the eight weeks\\\\nout of the last nine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The key concerns on Wall Street are rising inflation and\\\\nwhether the \u003ca href=\\\\\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\\\\\"\u003eFederal Reserve’s\u003c/a\u003e shift to an aggressive policy of raising interest\\\\nrates will help curb the impact or possibly lead the economy towards a\\\\nrecession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-los-angeles-mayor-runoff-race-will-be-historic-476583/\\\\\\\"\u003eWhy Los Angeles' mayor runoff race will be historic\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation continues to impact businesses. Scotts\\\\nMiracle-Gro, a lawn care products company, plunged 7.7% after slashing its\\\\nprofit forecast for the year because retailers aren’t replenishing orders as\\\\nexpected. Retailers have been warning that sales are shrinking as consumers\\\\nshift to either spending on services or focusing on necessities rather than\\\\npurchasing otherwise discretionary items, like electronics, and clothes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/theyre-cowards-teacher-who-survived-uvalde-shooting-slams-police-276935/\\\\\\\"\u003e'They're cowards': Teacher who survived Uvalde shooting slams police\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The impact of inflation has only been worsened by the\\\\nRussia-Ukraine war, which has put more pressure on energy and food prices since\\\\nFebruary. \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude oil prices were relatively stable on Wednesday, but are up\\\\n59% for the year, while wheat prices are up 39% in 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/donald-trump-wants-childrens-book-defending-king-donald-in-all-schools-468102/\\\\\\\"\u003eDonald Trump wants children's book defending 'King Donald' in all schools\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Both those issues encouraged the Organization for\\\\nEconomic Cooperation and Development to cut its forecast for economic growth,\\\\nfollowing several other international groups, including the World Bank, that\\\\nexpect inflation to have a lingering impact on economies around the world. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury Secretary \u003ca href=\\\\\\\"https://opoyi.com/usa/us-treasury-secretary-janet-yellen-explains-why-she-was-wrong-on-inflation-path-519682/\\\\\\\"\u003eJanet Yellen\u003c/a\u003e, testifying before the\\\\nSenate Finance Committee on Tuesday, said she expects inflation to remain\\\\nelevated and bringing that down is a top priority.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-how-alabama-law-criminalised-gender-affirming-medicines-for-trans-youth-660999/\\\\\\\"\u003eExplained: How Alabama law criminalised gender-affirming medicines for trans youth\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve is likely to raise its key short-term\\\\ninterest rate by half a percentage point at its meeting next week. That would\\\\nbe the second straight increase of double the usual amount, and investors\\\\nexpect a third in July. The US government will release its latest report on the\\\\nconsumer price index.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"JanetYellen","slug":"janetyellen","id":"yJu0YUmD2Tnk","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Intel","slug":"intel","id":"684cgAYG8tf8","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-08T21:08:03+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks traded lower in the morning on Wall Street Wednesday and trading remained choppy as investors try to determine how inflation and rising interest rates will impact the economy. The S\u0026P 500 fell 10.62 points or 0.26% as of 10:21 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 124.50 points or 0.38% to 33,055.64. The Nasdaq rose 17.90 points or 0.15% to 12,193.13. Also Read | Jan. 6 committee hearing: What to expect,Banks and industrial companies were among the biggest gainers in the broader market. Wells Fargo slid 1.5% and Union Pacific fell 3.3%. Technology stocks were also falling. Intel shed 4.5%. Bond yields increased. The yield on the 10-year Treasury, which banks use to set rates on mortgages and other loans, surged to 3.02% from 2.97% late Tuesday. Also Read | Why Mike Pence will be central figure at Jan. 6 hearing,European markets were down and Asian markets ended mostly higher overnight. It has been a volatile week for major indexes, which have swung between gains and losses, sometimes by the hour. The benchmark S\u0026P 500 index is on track for weekly gains. It has ended lower for the eight weeks out of the last nine. The key concerns on Wall Street are rising inflation and whether the Federal Reserve’s shift to an aggressive policy of raising interest rates will help curb the impact or possibly lead the economy towards a recession. Also Read | Why Los Angeles' mayor runoff race will be historic,Inflation continues to impact businesses. Scotts Miracle-Gro, a lawn care products company, plunged 7.7% after slashing its profit forecast for the year because retailers aren’t replenishing orders as expected. Retailers have been warning that sales are shrinking as consumers shift to either spending on services or focusing on necessities rather than purchasing otherwise discretionary items, like electronics, and clothes. Also Read | 'They're cowards': Teacher who survived Uvalde shooting slams police,The impact of inflation has only been worsened by the Russia-Ukraine war, which has put more pressure on energy and food prices since February. US crude oil prices were relatively stable on Wednesday, but are up 59% for the year, while wheat prices are up 39% in 2022. Also Read | Donald Trump wants children's book defending 'King Donald' in all schools,Both those issues encouraged the Organization for Economic Cooperation and Development to cut its forecast for economic growth, following several other international groups, including the World Bank, that expect inflation to have a lingering impact on economies around the world. ,Treasury Secretary Janet Yellen, testifying before the Senate Finance Committee on Tuesday, said she expects inflation to remain elevated and bringing that down is a top priority. Also Read | Explained: How Alabama law criminalised gender-affirming medicines for trans youth,The Federal Reserve is likely to raise its key short-term interest rate by half a percentage point at its meeting next week. That would be the second straight increase of double the usual amount, and investors expect a third in July. The US government will release its latest report on the consumer price index.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Union Pacific,Intel,European,Scotts Miracle-Gro,the World Bank,Janet Yellen,The Federal Reserve,Well Fargo,Stock market, US stock market, Early trade, US early trade, Nasdaq, Dow jones, S\u0026P 500,Wall Street","originalPublishedOn":"2022-06-08T21:08:03+05:30"}},{"node":{"id":"3NDj2RmeE06K","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-tuesday-5","slugV2":"technology/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-tuesday-133713/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-08T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 39.25 points, or 1%, to 4,160.68\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 264.36 points, or 0.8%, to 33,180.14\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 113.86 points, or 0.9%, to 12,175.23\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 29.68 points, or 1.6%, to 1,919.56\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654652612581,\\\"strCount\\\":3195,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e equities rose on Tuesday as Treasury yields fell, but Wall Street remained shaky as investors await more clarity on the outlook of interest rates, inflation, and the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-8-2022-264797/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 8, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 39.25 points, or 1%, to 4,160.68, reversing a 1% drop in the morning. The Dow Jones Industrial Average increased 264.36 points, or 0.8%, to 33,180.14 after bouncing back and forth throughout the day. The Nasdaq composite rose 113.86 points, or 0.9%, to 12,175.23.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-religare-zydus-wockhardt-and-others-in-news-today-246512/\\\\\\\"\u003eTrending Stocks: Religare, Zydus, Wockhardt and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Gains in \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e, and other technology firms were among the most powerful drivers driving the market higher. They profited from a reduction in Treasury rates, with the 10-year yield returning to below 3%. Lower yields in recent years have emboldened investors to pay higher prices for stocks, particularly companies that are growing quickly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-wednesday-june-8-2022-678955/\\\\\\\"\u003eStocks that should be on your watchlist on Wednesday, June 8, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks of energy producers also jumped as oil prices rose to roughly $120 per barrel, up more than 55% for the year so far. Exxon Mobil climbed 4.6%, and ConocoPhillips added 4.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Kohl’s soared 9.5% after the department store chain said it’s in advanced talks to sell itself for about $8 billion to Vitamin Shoppe owner Franchise Group. Jam maker J.M. Smucker rose 5.7% after reporting stronger earnings than analysts expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-500359/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street started the day pessimistically, and stocks initially fell after Target warned of lower profit margins as it slashes prices to clear out inventory. The retail giant sank 2.3% after it announced moves it said were needed to keep up with customers' changing behaviours. Across the country, shoppers are spending more at restaurants and on travel than on sprucing up their homes as they did earlier in the pandemic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Other retailers got caught in the downdraft, and Walmart fell 1.2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-target-kohls-novavax-and-other-stocks-making-biggest-moves-372132/\\\\\\\"\u003eUS Premarket: Target, Kohl's, Novavax and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields have largely climbed through this year with expectations for a more aggressive Fed. They moderated a bit on Tuesday, though.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury fell back to 2.98% from 3.03% late Monday. The two-year yield, which more closely tracks expectations for Fed action, dipped more modestly to 2.72% from 2.73%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-08T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"US equities rose on Tuesday as Treasury yields fell, but Wall Street remained shaky as investors await more clarity on the outlook of interest rates, inflation, and the economy. Also Read| Trade Setup: Top 15 things to know before market opens on June 8, 2022,The S\u0026P 500 rose 39.25 points, or 1%, to 4,160.68, reversing a 1% drop in the morning. The Dow Jones Industrial Average increased 264.36 points, or 0.8%, to 33,180.14 after bouncing back and forth throughout the day. The Nasdaq composite rose 113.86 points, or 0.9%, to 12,175.23. Also Read| Trending Stocks: Religare, Zydus, Wockhardt and others in news today,Gains in Apple, Microsoft, and other technology firms were among the most powerful drivers driving the market higher. They profited from a reduction in Treasury rates, with the 10-year yield returning to below 3%. Lower yields in recent years have emboldened investors to pay higher prices for stocks, particularly companies that are growing quickly. Also Read| Stocks that should be on your watchlist on Wednesday, June 8, 2022,Stocks of energy producers also jumped as oil prices rose to roughly $120 per barrel, up more than 55% for the year so far. Exxon Mobil climbed 4.6%, and ConocoPhillips added 4.5%. Kohl’s soared 9.5% after the department store chain said it’s in advanced talks to sell itself for about $8 billion to Vitamin Shoppe owner Franchise Group. Jam maker J.M. Smucker rose 5.7% after reporting stronger earnings than analysts expected. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,Wall Street started the day pessimistically, and stocks initially fell after Target warned of lower profit margins as it slashes prices to clear out inventory. The retail giant sank 2.3% after it announced moves it said were needed to keep up with customers' changing behaviours. Across the country, shoppers are spending more at restaurants and on travel than on sprucing up their homes as they did earlier in the pandemic. Other retailers got caught in the downdraft, and Walmart fell 1.2%. Also Read| US Premarket: Target, Kohl's, Novavax and other stocks making biggest moves,Treasury yields have largely climbed through this year with expectations for a more aggressive Fed. They moderated a bit on Tuesday, though. The yield on the 10-year Treasury fell back to 2.98% from 3.03% late Monday. The two-year yield, which more closely tracks expectations for Fed action, dipped more modestly to 2.72% from 2.73%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Fed,US,Apple,Microsoft,Exxon Mobil,ConocoPhillips,Kohl,Vitamin Shoppe,Franchise Group,J.M. Smucker","originalPublishedOn":"2022-06-08T08:30:00+05:30"}},{"node":{"id":"qHBvSeAhfN5W","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-4","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-500359/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-07T21:47:06+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 82 points, or 0.3%, to 32,830\u003c/li\u003e\n \u003cli\u003eRetailers did much of the losses for the broader market\u003c/li\u003e\n \u003cli\u003eTechnology and industrial companies also witness heavy losses\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654618626187,\\\"strCount\\\":3329,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks fell in morning trading on Tuesday as rising interest rates and \u003ca href=\\\\\\\"https://opoyi.com/world/what-are-the-effects-of-the-fed-raising-interest-rates-to-fight-inflation-386419/\\\\\\\"\u003einflation\u003c/a\u003e added to concerns about economic growth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 0.2% to 4097.07 as of 10:20 a.m. Eastern Time zone. The Dow Jones Industrial Average fell 82 points, or 0.3%, to 32,830. The Nasdaq was unchanged.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-south-korea-fly-20-fighter-jets-amid-north-korea-tensions-631082/\\\\\\\"\u003eUnited States, South Korea fly 20 fighter jets amid North Korea tensions\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers did much of the losses for the broader market. Target fell 2.9% after saying it’s cancelling orders from suppliers and slashing prices. The move comes as consumers shift spending from things like clothing and electronics to more services, like travel and dining out as pandemic fears decrease.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and industrial companies also witness heavy losses. \u003ca href=\\\\\\\"https://opoyi.com/topics/fedex/\\\\\\\"\u003eFedEx\u003c/a\u003e declined 2% and chipmaker Nvidia fell 1.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/elon-musk-father-of-7-warns-of-a-population-collapse-threatening-civilisation-515553/\\\\\\\"\u003eElon Musk, father of 7, warns of a 'population collapse' yet again\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields fell after Monday’s jump, which was fueled by persistent anxiety over a potential US \u003ca href=\\\\\\\"https://opoyi.com/world/why-worlds-dependence-on-russia-oil-may-trigger-a-global-recession-415833/\\\\\\\"\u003eeconomic slowdown\u003c/a\u003e. The yield on the 10-year Treasury slipped to 2.98% from 3.03 late Monday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several stocks were moving on a mix of earnings and deal news. Kohl's surged 9.9% after the retailer said it's in advanced talks to sell itself to Vitamin Shoppe owner Franchise Group in a deal worth about $8 billion. Jam maker JM Smucker added 3.6% after reporting better-than-expected financial results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/mass-shooting-in-uvalde-buffalo-prompts-new-york-to-toughen-gun-laws-check-details-204185/\\\\\\\"\u003eNew York to toughen gun laws over mass shootings in Uvalde, Buffalo. Check details\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Businesses are increasing prices on everything from food to clothing to offset inflation’s impact on their costs. Those higher prices have squeezed consumers, who are cutting their spending on high-prices items as they spend more on necessities like food.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russia-Ukraine has raised food and energy prices across the globe. Record-high gasoline prices have put additional pressure on consumers. US crude oil prices are up 59% this year. The World Bank has sharply lowered its outlook for the global economy, pointing to Russia’s war and concerns about the potential return of \\\\\\\"stagflation,\\\\\\\" a toxic mix of high inflation and subdued growth unseen for more than four decades.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/no-information-no-deal-elon-musk-threatens-to-walk-away-from-twitter-deal-316520/\\\\\\\"\u003eNo information, no deal: Elon Musk threatens to walk away from Twitter deal\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve has shifted to aggressively policy by raising interest rates to slow economic growth and temper the impact of inflation. It has raised concerns that the Fed could go too far too quickly and possibly lead the US economy into a recession. Concerns about the aggressive rate hikes and inflation have weighed on markets also.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"FedEx","slug":"fedex","id":"DjcGS0rhyWMT","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-07T21:47:05+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks fell in morning trading on Tuesday as rising interest rates and inflation added to concerns about economic growth. The S\u0026P 500 fell 0.2% to 4097.07 as of 10:20 a.m. Eastern Time zone. The Dow Jones Industrial Average fell 82 points, or 0.3%, to 32,830. The Nasdaq was unchanged. Also Read | United States, South Korea fly 20 fighter jets amid North Korea tensions,Retailers did much of the losses for the broader market. Target fell 2.9% after saying it’s cancelling orders from suppliers and slashing prices. The move comes as consumers shift spending from things like clothing and electronics to more services, like travel and dining out as pandemic fears decrease. Technology and industrial companies also witness heavy losses. FedEx declined 2% and chipmaker Nvidia fell 1.3%. Also Read | Elon Musk, father of 7, warns of a 'population collapse' yet again,Bond yields fell after Monday’s jump, which was fueled by persistent anxiety over a potential US economic slowdown. The yield on the 10-year Treasury slipped to 2.98% from 3.03 late Monday. Several stocks were moving on a mix of earnings and deal news. Kohl's surged 9.9% after the retailer said it's in advanced talks to sell itself to Vitamin Shoppe owner Franchise Group in a deal worth about $8 billion. Jam maker JM Smucker added 3.6% after reporting better-than-expected financial results. Also Read | New York to toughen gun laws over mass shootings in Uvalde, Buffalo. Check details,Businesses are increasing prices on everything from food to clothing to offset inflation’s impact on their costs. Those higher prices have squeezed consumers, who are cutting their spending on high-prices items as they spend more on necessities like food. Russia-Ukraine has raised food and energy prices across the globe. Record-high gasoline prices have put additional pressure on consumers. US crude oil prices are up 59% this year. The World Bank has sharply lowered its outlook for the global economy, pointing to Russia’s war and concerns about the potential return of stagflation, a toxic mix of high inflation and subdued growth unseen for more than four decades. Also Read | No information, no deal: Elon Musk threatens to walk away from Twitter deal,The Federal Reserve has shifted to aggressively policy by raising interest rates to slow economic growth and temper the impact of inflation. It has raised concerns that the Fed could go too far too quickly and possibly lead the US economy into a recession. Concerns about the aggressive rate hikes and inflation have weighed on markets also.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,FedEx,Nvidia,Treasury,Kohl,Vitamin Shoppe,Franchise Group,JM Smucker,Russia,Ukraine,The World Bank,The Federal Reserve,Fed,Stock market, Share market, US share market, US early trade, Early trade, Nasdaq, Dow Jones, S\u0026P 500","originalPublishedOn":"2022-06-07T21:47:05+05:30"}},{"node":{"id":"QqISONLNWzZ5","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-monday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-monday-505833/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-07T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 12.89 points, or 0.3%, to 4,121.43\u003c/li\u003e\n \u003cli\u003eThe Dow Jones 16.08 points, or less than 0.1%, to 32,915.78\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 48.64 points, or 0.4%, to 12,061.37\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 6.83 points, or 0.4%, to 1,889.89\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654565632625,\\\"strCount\\\":3758,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e equities rose slightly on Monday, as Wall Street continues to debate whether the economy can escape a recession in the face of increasing interest rates and soaring inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-7-2022-354851/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 7, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 12.89 points, or 0.3%, to 4,121.43 following another day of wild swings, as has become usual for markets. The Dow Jones Industrial Average rose 16.08 points, or less than 0.1%, to 32,915.78, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite increased 48.64 points, or 0.4%, to 12,061.37.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-sbi-adani-entp-tata-motors-and-others-in-news-today-176859/\\\\\\\"\u003eTrending Stocks: SBI, Adani Entp, Tata Motors and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks began the day with larger gains, with the S\u0026amp;P 500 up as much as 1.5% and the Nasdaq momentarily up about 2%. But they fell back as Treasury yields continued to climb, putting downward pressure on stocks. When safe bonds are paying more in interest, investors are usually less willing to pay high prices for stocks, which are riskier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-monday-442106/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Monday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury jumped back above 3% to 3.04%, up from 2.95% late Friday. It’s moving toward its levels from early and mid-May when it reached its highest point since 2018 amid expectations for the Federal Reserve to raise interest rates aggressively in order to rein in the worst inflation in decades.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/us-premarket-apple-spirit-revlon-and-other-stocks-making-biggest-moves-329294/\\\\\\\"\u003eUS Premarket: Apple, Spirit, Revlon and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks in \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e rose 1.3%, Hong Kong’s Hang Seng jumped 2.7% and Germany’s DAX returned 1.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, companies in the solar power industry were some of the biggest gainers after President Joe Biden ordered emergency measures to increase U.S. manufacturing of solar panels and exempted panels from Southeast Asia from tariffs for two years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Enphase Energy jumped 5.4%, and SolarEdge Technologies rose 2.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-india-lic-pvr-and-other-stocks-that-moved-most-on-june-458707/\\\\\\\"\u003eOil India, LIC, PVR and other stocks that moved most on June 6\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e was one of the biggest forces pushing the S\u0026amp;P 500 higher. It rose 2% after splitting its stock, 20-for-1. Such a move lowers its stock price and makes it more affordable to some smaller-pocketed investors, all while leaving its total value alone.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/liquidity-tightening-expected-with-rbi-rate-hike-on-june-631186/\\\\\\\"\u003eLiquidity tightening expected with RBI rate hike on June 8\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Spirit Airlines rose 7% after JetBlue Airways boosted its buyout offer in the bidding war for the discount carrier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-rbi-policy-global-indications-to-weigh-on-sensex-nifty-285140/\\\\\\\"\u003eWeek ahead: RBI policy, global indications to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the losing side was Twitter, which slipped 1.5% after Tesla CEO Elon Musk threatened to call off his deal to buy the company, saying Twitter was refusing to hand over data. Musk has been complaining about how many of Twitter’s users are actually bots and fake accounts. The shares of Tesla rose 1.6%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"HongKong","slug":"hongkong","id":"NjExvisxSkdf","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Politics","slug":"politics","id":"ODQ1kqHlUPEu","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-07T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"US equities rose slightly on Monday, as Wall Street continues to debate whether the economy can escape a recession in the face of increasing interest rates and soaring inflation. Also Read| Trade Setup: Top 15 things to know before market opens on June 7, 2022,The S\u0026P 500 gained 12.89 points, or 0.3%, to 4,121.43 following another day of wild swings, as has become usual for markets. The Dow Jones Industrial Average rose 16.08 points, or less than 0.1%, to 32,915.78, while the Nasdaq Composite increased 48.64 points, or 0.4%, to 12,061.37. Also Read| Trending Stocks: SBI, Adani Entp, Tata Motors and others in news today,Stocks began the day with larger gains, with the S\u0026P 500 up as much as 1.5% and the Nasdaq momentarily up about 2%. But they fell back as Treasury yields continued to climb, putting downward pressure on stocks. When safe bonds are paying more in interest, investors are usually less willing to pay high prices for stocks, which are riskier. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Monday,The yield on the 10-year Treasury jumped back above 3% to 3.04%, up from 2.95% late Friday. It’s moving toward its levels from early and mid-May when it reached its highest point since 2018 amid expectations for the Federal Reserve to raise interest rates aggressively in order to rein in the worst inflation in decades. Also Read| US Premarket: Apple, Spirit, Revlon and other stocks making biggest moves,Stocks in Shanghai rose 1.3%, Hong Kong’s Hang Seng jumped 2.7% and Germany’s DAX returned 1.3%. On Wall Street, companies in the solar power industry were some of the biggest gainers after President Joe Biden ordered emergency measures to increase U.S. manufacturing of solar panels and exempted panels from Southeast Asia from tariffs for two years. Enphase Energy jumped 5.4%, and SolarEdge Technologies rose 2.9%. Also Read| Oil India, LIC, PVR and other stocks that moved most on June 6,Amazon was one of the biggest forces pushing the S\u0026P 500 higher. It rose 2% after splitting its stock, 20-for-1. Such a move lowers its stock price and makes it more affordable to some smaller-pocketed investors, all while leaving its total value alone. Also Read| Liquidity tightening expected with RBI rate hike on June 8,Spirit Airlines rose 7% after JetBlue Airways boosted its buyout offer in the bidding war for the discount carrier. Also Read| Week ahead: RBI policy, global indications to weigh on Sensex, Nifty,On the losing side was Twitter, which slipped 1.5% after Tesla CEO Elon Musk threatened to call off his deal to buy the company, saying Twitter was refusing to hand over data. Musk has been complaining about how many of Twitter’s users are actually bots and fake accounts. The shares of Tesla rose 1.6%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,US,the Nasdaq Composite,Nasdaq,the Federal Reserve,Shanghai,Hong Kong,Hang Seng,Germany,Joe Biden,Southeast Asia,Enphase Energy,SolarEdge Technologies,Amazon,Spirit Airlines","originalPublishedOn":"2022-06-07T08:30:00+05:30"}},{"node":{"id":"nDWqRiOnGd6m","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-monday-3","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-monday-442106/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Monday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-06T21:11:49+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average rose 310.78 points or 0.94% to 33,210.48\u003c/li\u003e\n \u003cli\u003eTechnology stocks led to much of the heavy gains for the market\u003c/li\u003e\n \u003cli\u003eBanks gained ground along with rising bond yields\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654530106769,\\\"strCount\\\":3660,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stock rose broadly in morning trading on\\\\nMonday, led by heavy gains in big \u003ca href=\\\\\\\"https://opoyi.com/technology/\\\\\\\"\u003etechnology\u003c/a\u003e companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 51.35 points or 1.25% to 4,159.89 as\\\\nof 10:16 a.m. Eastern Time Zone. The Dow Jones Industrial Average rose 310.78\\\\npoints or 0.94% to 33,210.48. The Nasdaq rose 202.53 points or 1.69% to\\\\n12,215.27.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/why-elon-musk-is-mulling-over-terminating-twitter-agreement-547136/\\\\\\\"\u003eWhy Elon Musk is mulling over terminating Twitter agreement\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks led to much of the heavy gains for the\\\\nmarket. Companies in the sector, which have pricey stock values, tend to give\\\\nthe market a harder push higher or lower. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e surged 1.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks gained ground along with rising \u003ca href=\\\\\\\"https://opoyi.com/india/explained-correlation-between-bond-yield-and-economy-475426/\\\\\\\"\u003ebond yields\u003c/a\u003e, which\\\\nallow them to charge higher \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003einterest rates\u003c/a\u003e on mortgages and other loans. The\\\\nyield on the 10-year Treasury rose to 2.99% from 2.95% late Friday. Bank of\\\\nAmerica surged 1.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/apple-wwdc-most-memorable-moments-359078/\\\\\\\"\u003eApple WWDC: Most memorable moments\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Many big companies were moving on a mix of deals and\\\\nother news. Twitter slipped 4.2% after Tesla CEO \u003ca href=\\\\\\\"https://opoyi.com/science/elon-musk-promises-tesla-headcount-increase-what-it-means-342821/\\\\\\\"\u003eElon Musk\u003c/a\u003e threatened\\\\nto call off his deal to buy the company, saying Twitter was refusing to hand\\\\nover data. Spirit Airlines jumped 4.3% after JetBlue raised its offer to buy\\\\nthe rival carrier, and \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e rose 4.7% after executing a 20:1 stock split.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Major indexes opened the week with gains as the broader\\\\nmarket remains in a slump. The benchmark S\u0026amp;P 500 index is coming off of its\\\\neighth losing week in the last nine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/australias-tour-amidst-economic-crisis-to-boost-sri-lanka-financially-268402/\\\\\\\"\u003eAustralia's tour amidst economic crisis to boost Sri Lanka financially\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Rising inflation has been impacting businesses and consumers.\\\\nConcerns about inflation have also triggered the Federal Reserve to\\\\naggressively raise interest rates in an attempt to slow the economy enough to\\\\ncontrol inflation. Investors are worried that raising interest rates too\\\\nquickly or by too much could cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Higher interest rates kept the stocks and other\\\\ninvestments under pressure.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/oil-india-share-jumps-5-as-saudi-arabia-hikes-crude-prices-578889/\\\\\\\"\u003eOil India share jumps 5% as Saudi Arabia hikes crude prices\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will get more data on inflation’s impact on\\\\nFriday from the Labor Department’s May report on consumer prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russia-Ukraine war is still adding to the pressure on\\\\nrising inflation with high energy prices. Lockdowns in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e because of\\\\nCOVID-19 have also added to worries about worsening supply chain problems, but\\\\nsome of those measures are being lifted.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-burger-king-has-been-unable-to-leave-russia-after-the-ukraine-invasion-264924/\\\\\\\"\u003eWhy Burger King has been unable to leave Russia after the Ukraine invasion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Solar energy companies also gained ground following\\\\nreports that the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e could lift tariffs on some \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e imports like solar\\\\npanels. Sunrun surged 9% and SunPower jumped 5.4%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"BankOfAmerica","slug":"bankofamerica","id":"Dti0qsoQpIWI","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-06T21:11:47+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stock rose broadly in morning trading on Monday, led by heavy gains in big technology companies. The S\u0026P 500 rose 51.35 points or 1.25% to 4,159.89 as of 10:16 a.m. Eastern Time Zone. The Dow Jones Industrial Average rose 310.78 points or 0.94% to 33,210.48. The Nasdaq rose 202.53 points or 1.69% to 12,215.27. Also Read | Why Elon Musk is mulling over terminating Twitter agreement,Technology stocks led to much of the heavy gains for the market. Companies in the sector, which have pricey stock values, tend to give the market a harder push higher or lower. Apple surged 1.9%. Banks gained ground along with rising bond yields, which allow them to charge higher interest rates on mortgages and other loans. The yield on the 10-year Treasury rose to 2.99% from 2.95% late Friday. Bank of America surged 1.9%. Also Read | Apple WWDC: Most memorable moments,Many big companies were moving on a mix of deals and other news. Twitter slipped 4.2% after Tesla CEO Elon Musk threatened to call off his deal to buy the company, saying Twitter was refusing to hand over data. Spirit Airlines jumped 4.3% after JetBlue raised its offer to buy the rival carrier, and Amazon rose 4.7% after executing a 20:1 stock split. Major indexes opened the week with gains as the broader market remains in a slump. The benchmark S\u0026P 500 index is coming off of its eighth losing week in the last nine. Also Read | Australia's tour amidst economic crisis to boost Sri Lanka financially,Rising inflation has been impacting businesses and consumers. Concerns about inflation have also triggered the Federal Reserve to aggressively raise interest rates in an attempt to slow the economy enough to control inflation. Investors are worried that raising interest rates too quickly or by too much could cause a recession. Higher interest rates kept the stocks and other investments under pressure. Also Read | Oil India share jumps 5% as Saudi Arabia hikes crude prices,Investors will get more data on inflation’s impact on Friday from the Labor Department’s May report on consumer prices. The Russia-Ukraine war is still adding to the pressure on rising inflation with high energy prices. Lockdowns in China because of COVID-19 have also added to worries about worsening supply chain problems, but some of those measures are being lifted. Also Read | Why Burger King has been unable to leave Russia after the Ukraine invasion,Solar energy companies also gained ground following reports that the US could lift tariffs on some Chinese imports like solar panels. Sunrun surged 9% and SunPower jumped 5.4%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Apple,Treasury,Bank of America,Elon Musk,Spirit Airlines,JetBlue,Amazon,the Federal Reserve,the Labor Department,Russia,China,US,Chinese,SunPower,US stock market, US early trade, Share market, dow jones, S\u0026P 500, Nasdaq,early trade, united states","originalPublishedOn":"2022-06-06T21:11:47+05:30"}},{"node":{"id":"HcBsNfS4r7zz","slug":"english/us-premarket-apple-spirit-revlon-and-other-stocks-making-biggest-moves","slugV2":"technology/us-premarket-apple-spirit-revlon-and-other-stocks-making-biggest-moves-329294/","title":"US Premarket: Apple, Spirit, Revlon and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Revlon is in talks with lenders on pushing back debt payment deadlines (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-06T19:39:29+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eApple stock is on watch as the company’s annual Worldwide Developers Conference begins\u003c/li\u003e\n \u003cli\u003eDidi shares surged 64.86% after China regulators have concluded a year-long investigation\u003c/li\u003e\n \u003cli\u003eKeurig Dr Pepper rallied 7.9% in premarket action\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654524567365,\\\"strCount\\\":3503,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eDidi Global (DIDI)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/didi/\\\\\\\"\u003eDidi\u003c/a\u003e shares surged 64.86% in premarket trading after the\\\\nWall Street Journal reported that \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e regulators have concluded a year-long\\\\ninvestigation and it is set to revoke the ban on the company from adding new\\\\nusers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/will-never-break-up-entirely-what-us-told-russia-about-embassy-closure-221562/\\\\\\\"\u003e'Will never break up entirely,' What US told Russia about embassy closure\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eApple (AAPL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e gained 1.4% in premarket action. The stock is on watch as the company’s annual Worldwide Developers Conference begins. Apple shares have declined 16.9% so far this year amid concerns about a slowdown in demand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/cryptocurrency-scams-cost-americans-over-1-billion-in-2021-ftc-finds-235420/\\\\\\\"\u003eCryptocurrency scams cost Americans over $1 billion in 2021, FTC finds\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eKeurig Dr Pepper (KDP)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The beverage maker’s stock rallied 7.9% in premarket\\\\naction as it will be added to the S\u0026amp;P 500 index prior to the opening of\\\\ntrading on June 21, along with ON Semiconductor (ON) and real estate investment\\\\ntrust VICI Properties (VICI). ON Semiconductor rallied in the premarket by 7.2%\\\\nand VICI jumped 8.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/the-silent-spread-of-monkeypox-skin-marks-likely-confused-for-stis-138318/\\\\\\\"\u003eThe silent spread of Monkeypox: Skin marks likely confused for STIs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSpirit Airlines (SAVE)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/spirit/\\\\\\\"\u003eSpirit\u003c/a\u003e surged 6.1% in the premarket after JetBlue (JBLU)\\\\nsweetened its bid for Spirit. JetBlue will hike its breakup fee for the deal of\\\\n$350 million and pay part of that as a dividend if the finalized, increasing\\\\nthe value to $31.50 per share. Jet Blue shares were unchanged.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-burger-king-has-been-unable-to-leave-russia-after-the-ukraine-invasion-264924/\\\\\\\"\u003eWhy Burger King has been unable to leave Russia after the Ukraine invasion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eRevlon (REV)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Revlon added 1.6% in premarket trading. It is in talks\\\\nwith lenders on pushing back debt payment deadlines as the cosmetics maker\\\\nattempts to avoid a bankruptcy filing, reported The Wall Street Journal. The\\\\ntalks include extending the maturity date on about $1.7 billion in debt that\\\\ncomes due as early as 2024.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/elon-musk-promises-tesla-headcount-increase-what-it-means-342821/\\\\\\\"\u003eElon Musk promises Tesla headcount increase: What it means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eStarbucks (SBUX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Starbucks surged 1.8% in premarket action. Starbucks is\\\\nconsidering only external candidates to be its Chief Executive Officer, as per\\\\ninterim CEO Howard Schultz. The company needs to add new talent to its\\\\nexecutive, he told The Wall Street Journal.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eEli Lilly (LLY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The drugmaker’s shares jumped 1.2% in premarket trading,\\\\nafter announcing successful results in studies regarding diabetes drugs and\\\\nTruclicity and Jardiance.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/wwii-veterans-honoured-in-normandy-on-78th-anniversary-of-d-day-in-pics-210263/\\\\\\\"\u003eWWII veterans honoured in Normandy on 78th anniversary of D-Day | In Pics\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUnder Armour (UAA)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Under Armour fell 1.2% in the premarket as the stock is\\\\namong those being replaced in the S\u0026amp;P 500 on June 21. Under Armour will\\\\nmove to the S\u0026amp;P MidCap 400, along with laser maker IPG Photonics (IPGP).\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnderArmour","slug":"underarmour","id":"amOltnfmvpOS","isSection":0},{"name":"Starbucks","slug":"starbucks","id":"ReQdpcd6Ja43","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Spirit","slug":"spirit","id":"A3J5TwdsH6O3","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Didi","slug":"didi","id":"IjRAoqHA5kK3","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-06T19:39:28+05:30","publisher":0,"sourceFeed":null,"cleanText":"Didi Global (DIDI),Didi shares surged 64.86% in premarket trading after the Wall Street Journal reported that China regulators have concluded a year-long investigation and it is set to revoke the ban on the company from adding new users. Also Read | 'Will never break up entirely,' What US told Russia about embassy closure,Apple (AAPL),Apple gained 1.4% in premarket action. The stock is on watch as the company’s annual Worldwide Developers Conference begins. Apple shares have declined 16.9% so far this year amid concerns about a slowdown in demand. Also Read | Cryptocurrency scams cost Americans over $1 billion in 2021, FTC finds,Keurig Dr Pepper (KDP),The beverage maker’s stock rallied 7.9% in premarket action as it will be added to the S\u0026P 500 index prior to the opening of trading on June 21, along with ON Semiconductor (ON) and real estate investment trust VICI Properties (VICI). ON Semiconductor rallied in the premarket by 7.2% and VICI jumped 8.4%. Also Read | The silent spread of Monkeypox: Skin marks likely confused for STIs,Spirit Airlines (SAVE),Spirit surged 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will hike its breakup fee for the deal of $350 million and pay part of that as a dividend if the finalized, increasing the value to $31.50 per share. Jet Blue shares were unchanged. Also Read | Why Burger King has been unable to leave Russia after the Ukraine invasion,Revlon (REV),Revlon added 1.6% in premarket trading. It is in talks with lenders on pushing back debt payment deadlines as the cosmetics maker attempts to avoid a bankruptcy filing, reported The Wall Street Journal. The talks include extending the maturity date on about $1.7 billion in debt that comes due as early as 2024. Also Read | Elon Musk promises Tesla headcount increase: What it means,Starbucks (SBUX),Starbucks surged 1.8% in premarket action. Starbucks is considering only external candidates to be its Chief Executive Officer, as per interim CEO Howard Schultz. The company needs to add new talent to its executive, he told The Wall Street Journal. Eli Lilly (LLY),The drugmaker’s shares jumped 1.2% in premarket trading, after announcing successful results in studies regarding diabetes drugs and Truclicity and Jardiance. Also Read | WWII veterans honoured in Normandy on 78th anniversary of D-Day | In Pics,Under Armour (UAA),Under Armour fell 1.2% in the premarket as the stock is among those being replaced in the S\u0026P 500 on June 21. Under Armour will move to the S\u0026P MidCap 400, along with laser maker IPG Photonics (IPGP).","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Apple,Spirit,Didi Global,DIDI,Didi,the Wall Street Journal,China,VICI,Spirit Airlines,SAVE,JBLU,JetBlue,Revlon,Howard Schultz, US Premarket, US stock market, US share market, Dow Jones, S\u0026P, Starbucks, Under Armour","originalPublishedOn":"2022-06-06T19:39:28+05:30"}},{"node":{"id":"jIGEmYoSCcX8","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-friday-6","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-friday-370579/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-03T21:15:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eS\u0026amp;P 500 was 65.64 points or 1.57% down to 4,111.18\u003c/li\u003e\n \u003cli\u003eTreasury yields surged after initially swinging following Friday’s report\u003c/li\u003e\n \u003cli\u003eThe 10-year yield surged to 2.94% from 2.91%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654271138637,\\\"strCount\\\":4562,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stocks are falling on Friday as investors\\\\nconsider the downside of the still-strong US job market. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 65.64 points or 1.57% down to\\\\n4,111.18 in morning trading after a report showed employers hired more wore workers\\\\nin May than economists expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While it is a positive sign for the \u003ca href=\\\\\\\"https://opoyi.com/topics/economy/\\\\\\\"\u003eeconomy\u003c/a\u003e amid concerns\\\\nabout a possible recession, several investors saw it as keeping the \u003ca href=\\\\\\\"https://opoyi.com/usa/us-treasury-secretary-janet-yellen-explains-why-she-was-wrong-on-inflation-path-519682/\\\\\\\"\u003eFederal\\\\nReserve\u003c/a\u003e on its path to increasing interest rates aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/man-breaks-into-dallas-museum-damages-artifacts-worth-52m-heres-why-138311/\\\\\\\"\u003eWhat items Brian Hernandez destroyed at Dallas Museum of Art\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such measures would slow down the economy in a bid to\\\\nultimately knock down high inflation, and the Fed risks causing a recession if\\\\nit moves too quickly or too far. Meanwhile, higher\u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003e interest rates\u003c/a\u003e put downward\\\\npressure on stocks and other investments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average was down 323.14 points\\\\nor 0.97% at 32,925.14. The Nasdaq Composite was 283.73 points or 2.30% at\\\\n12,033.17.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/6-us-states-that-prohibit-under-21-from-buying-guns-520406/\\\\\\\"\u003e6 US states that prohibit under 21 from buying guns\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e also fell, as a measure of fear in the stock\\\\nmarket rose, even though some glass-half-full signals for inflationary\\\\npressures were buried within the jobs data.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It is a reversal from Thursday’s market movement when a\\\\nnarrower report on the US jobs market came in weaker than expected. That\\\\ntriggered speculation that the Federal Reserve may consider a pause in raising\\\\nrates later this year, and the hopes for a less-aggressive Fed sent stocks\\\\nsurging.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-elon-musk-wants-to-slash-10-of-teslas-workforce-346891/\\\\\\\"\u003eWhy Elon Musk wants to slash 10% of Tesla's workforce\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields surged after initially swinging after\\\\nFriday’s report, which showed employers added 390,000 jobs last month against\\\\nexpectations for 322,500. The yield on the two-year Treasury, which tends to\\\\nmove with expectations for Fed action, rose to 2.66% from 2.62% just before the\\\\nreports’ release.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield, which tracks expectations for\\\\nlonger-term growth and inflation, surged to 2.94% from 2.91%, after earlier\\\\nsurging as high as 2.99%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/3-killed-in-iowa-church-shooting-while-joe-biden-spoke-on-tough-gun-laws-557401/\\\\\\\"\u003e3 killed in Iowa church shooting while Joe Biden spoke on tough gun laws\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The report showed some indicators that analysts said\\\\ncould ultimately get the Fed to be less aggressive and the mixed data could\\\\nlead markets to swing through Friday. The S\u0026amp;P 500 swung between losses of\\\\n0.8% and 1.4% in the first half-hour of trading.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Average wages for workers were slightly weaker in the\\\\nprevious month than economists expected. Even though that's discouraging for\\\\npeople watching grocery prices and gas prices rise faster than their paychecks,\\\\nit could lessen future \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e pressure across the economy. Additionally, the\\\\nnation's job growth declined in May, even if it was better than expectations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/what-is-mentoo-and-why-is-it-trending-389027/\\\\\\\"\u003eWhat is MenToo and why is it trending ?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Almost four out of five stocks in the S\u0026amp;P 500 fell\\\\namid rising interest rate fears, with the heaviest losses hitting technology\\\\nstocks and other big winners of the previous low-rate world.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tesla fell 6.5% after its CEO, \u003ca href=\\\\\\\"https://opoyi.com/business/elon-musk-forces-return-to-office-tesla-ceos-toxic-work-culture-in-focus-421717/\\\\\\\"\u003eElon Musk\u003c/a\u003e, said he was\\\\nconsidering layoffs in light of concerns about the economy. Tesla is the\\\\nfifth-largest company in the S\u0026amp;P 500, so its movements affect the index\\\\nmore.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/what-are-red-flag-laws-in-us-gun-control-debate-534701/\\\\\\\"\u003eWhat are 'red flag laws' in US' gun control debate?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street’s benchmark index is moving towards its\\\\neighth weekly loss in the last nine. The exception in that stretch was last\\\\nweek when the stock surged amid speculation that the Fed would consider a pause\\\\nin rate hikes in September.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-03T21:08:53+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks are falling on Friday as investors consider the downside of the still-strong US job market. ,The S\u0026P 500 was 65.64 points or 1.57% down to 4,111.18 in morning trading after a report showed employers hired more wore workers in May than economists expected. While it is a positive sign for the economy amid concerns about a possible recession, several investors saw it as keeping the Federal Reserve on its path to increasing interest rates aggressively. Also Read | What items Brian Hernandez destroyed at Dallas Museum of Art,Such measures would slow down the economy in a bid to ultimately knock down high inflation, and the Fed risks causing a recession if it moves too quickly or too far. Meanwhile, higher interest rates put downward pressure on stocks and other investments. The Dow Jones Industrial Average was down 323.14 points or 0.97% at 32,925.14. The Nasdaq Composite was 283.73 points or 2.30% at 12,033.17. Also Read | 6 US states that prohibit under 21 from buying guns,Bitcoin also fell, as a measure of fear in the stock market rose, even though some glass-half-full signals for inflationary pressures were buried within the jobs data. It is a reversal from Thursday’s market movement when a narrower report on the US jobs market came in weaker than expected. That triggered speculation that the Federal Reserve may consider a pause in raising rates later this year, and the hopes for a less-aggressive Fed sent stocks surging. Also Read | Why Elon Musk wants to slash 10% of Tesla's workforce,Treasury yields surged after initially swinging after Friday’s report, which showed employers added 390,000 jobs last month against expectations for 322,500. The yield on the two-year Treasury, which tends to move with expectations for Fed action, rose to 2.66% from 2.62% just before the reports’ release. The 10-year yield, which tracks expectations for longer-term growth and inflation, surged to 2.94% from 2.91%, after earlier surging as high as 2.99%. Also Read | 3 killed in Iowa church shooting while Joe Biden spoke on tough gun laws,The report showed some indicators that analysts said could ultimately get the Fed to be less aggressive and the mixed data could lead markets to swing through Friday. The S\u0026P 500 swung between losses of 0.8% and 1.4% in the first half-hour of trading. Average wages for workers were slightly weaker in the previous month than economists expected. Even though that's discouraging for people watching grocery prices and gas prices rise faster than their paychecks, it could lessen future inflation pressure across the economy. Additionally, the nation's job growth declined in May, even if it was better than expectations. Also Read | What is MenToo and why is it trending ?,Almost four out of five stocks in the S\u0026P 500 fell amid rising interest rate fears, with the heaviest losses hitting technology stocks and other big winners of the previous low-rate world. Tesla fell 6.5% after its CEO, Elon Musk, said he was considering layoffs in light of concerns about the economy. Tesla is the fifth-largest company in the S\u0026P 500, so its movements affect the index more. Also Read | What are 'red flag laws' in US' gun control debate?,Wall Street’s benchmark index is moving towards its eighth weekly loss in the last nine. The exception in that stretch was last week when the stock surged amid speculation that the Fed would consider a pause in rate hikes in September.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,US,the Federal Reserve,Treasury,Bitcoin,Elon Musk,Early trade, US early trade, stock market, dow jones, nasdaq, US stock market,inflation, wall street,US job market","originalPublishedOn":"2022-06-03T21:08:53+05:30"}},{"node":{"id":"UXFvpsFYLIjD","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-8","slugV2":"technology/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-584585/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-02T21:21:19+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 251 points, or 0.8%, to 32,559.\u003c/li\u003e\n \u003cli\u003eHealth care stocks saw some of the biggest losses\u003c/li\u003e\n \u003cli\u003eTechnology stocks swung between broad gains and losses\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654185079150,\\\"strCount\\\":3421,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stock turned lower on Thursday and trading\\\\nwas volatile as investors remain cautious amid worries about economic growth\\\\nand \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003erising interest rates\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 0.5% to 4,093.24 as of 10:25 a.m.\\\\nEastern. The Dow Jones Industrial Average fell 251 points, or 0.8%, to 32,559.\\\\nThe \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e fell 0.1% to 11,975.87.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/elon-musk-forces-return-to-office-tesla-ceos-toxic-work-culture-in-focus-421717/\\\\\\\"\u003eElon Musk forces return to office: Tesla CEO's toxic work culture in focus\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Health care stocks saw some of the biggest losses. Drug\\\\nmaker Eli Lilly fell 3%. Companies that depend on direct consumer spending and\\\\nsome big industrial firms gained ground. Expedia Group jumped 1.9% and \u003ca href=\\\\\\\"https://opoyi.com/topics/boeing/\\\\\\\"\u003eBoeing\u003c/a\u003e\\\\nrose 3.6%. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks swung between broad gains and losses.\\\\n\u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 2.7% after cutting its financial forecasts for the current\\\\nquarter, citing unfavourable changes in exchange rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/who-is-javier-olivan-221739/\\\\\\\"\u003eWho is Javier Olivan?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks surged. The Russell 2000 rose 0.4%.\\\\nBond yields were relatively stable. The yield on the 10-year Treasury, which\\\\nhelps set interest rates on mortgages and other loans, stood at 2.93% from late\\\\nWednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Crude oil prices increased marginally after the \u003ca href=\\\\\\\"https://opoyi.com/topics/opec/\\\\\\\"\u003eOPEC\u003c/a\u003e oil\\\\ngroup and allied producing countries including \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e said they will raise\\\\nproduction by 648,000 barrels per day in July and August.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/russia-holds-ukraines-grains-ransom-for-end-to-wests-sanctions-446220/\\\\\\\"\u003eRussia holds Ukraine’s grains ransom for end to West’s sanctions\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Rising energy prices have been contributing to inflation,\\\\nwhich is already at its highest level in four decades. US gasoline prices hit\\\\nanother record high on Thursday, with the average price at the pump costing\\\\n$4.71 per gallon, as per motoring club federation AAA.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are focused on the balance between inflation,\\\\ninterest rates and economic growth. The Federal Reserve is being closely\\\\nwatched as it attempts to curb the impact of inflation by raising interest\\\\nrates from historic lows during the pandemic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/amid-russia-ukraine-war-president-joe-biden-to-meet-nato-chief-at-white-house-today-620143/\\\\\\\"\u003eAmid Russia-Ukraine war, President Joe Biden to meet NATO chief at White House today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday, several economic reports raised\\\\nexpectations for the Fed to keep raising interest rates aggressively. Wall\\\\nStreet is concerned that the Fed could slow economic growth too much and potentially\\\\nsend the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-treasury-secretary-janet-yellen-explains-why-she-was-wrong-on-inflation-path-519682/\\\\\\\"\u003eJanet Yellen explains why she was 'wrong' on inflation path\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, high inflation is impacting corporate profits,\\\\nwhile the war in \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e and COVID-19 restrictions in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e have also weighed\\\\non markets.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"OPEC","slug":"opec","id":"ViNiH9Fxq6Wd","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-02T21:21:18+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stock turned lower on Thursday and trading was volatile as investors remain cautious amid worries about economic growth and rising interest rates. The S\u0026P 500 fell 0.5% to 4,093.24 as of 10:25 a.m. Eastern. The Dow Jones Industrial Average fell 251 points, or 0.8%, to 32,559. The Nasdaq fell 0.1% to 11,975.87. Also Read | Elon Musk forces return to office: Tesla CEO's toxic work culture in focus,Health care stocks saw some of the biggest losses. Drug maker Eli Lilly fell 3%. Companies that depend on direct consumer spending and some big industrial firms gained ground. Expedia Group jumped 1.9% and Boeing rose 3.6%. ,Technology stocks swung between broad gains and losses. Microsoft fell 2.7% after cutting its financial forecasts for the current quarter, citing unfavourable changes in exchange rates. Also Read | Who is Javier Olivan?,Small-company stocks surged. The Russell 2000 rose 0.4%. Bond yields were relatively stable. The yield on the 10-year Treasury, which helps set interest rates on mortgages and other loans, stood at 2.93% from late Wednesday. Crude oil prices increased marginally after the OPEC oil group and allied producing countries including Russia said they will raise production by 648,000 barrels per day in July and August. Also Read | Russia holds Ukraine’s grains ransom for end to West’s sanctions,Rising energy prices have been contributing to inflation, which is already at its highest level in four decades. US gasoline prices hit another record high on Thursday, with the average price at the pump costing $4.71 per gallon, as per motoring club federation AAA. Investors are focused on the balance between inflation, interest rates and economic growth. The Federal Reserve is being closely watched as it attempts to curb the impact of inflation by raising interest rates from historic lows during the pandemic. Also Read | Amid Russia-Ukraine war, President Joe Biden to meet NATO chief at White House today,On Wednesday, several economic reports raised expectations for the Fed to keep raising interest rates aggressively. Wall Street is concerned that the Fed could slow economic growth too much and potentially send the economy into a recession. Also Read | Janet Yellen explains why she was 'wrong' on inflation path,Meanwhile, high inflation is impacting corporate profits, while the war in Ukraine and COVID-19 restrictions in China have also weighed on markets.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Nasdaq,Eli Lilly,Expedia Group,Boeing,Microsoft,Treasury,OPEC,Russia,AAA,The Federal Reserve,Ukraine,China,Early trade, US early trade, stock market, share market, dow jones, s\u0026p 500, nasdaq,US stock market","originalPublishedOn":"2022-06-02T21:21:18+05:30"}},{"node":{"id":"cxRqFbHwD10t","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-3","slugV2":"world/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-248924/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-02T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 30.92 points, or 0.7%, to 4,101.23\u003c/li\u003e\n \u003cli\u003eThe Dow Jones Industrial Average fell 176.89 points, or 0.5%, to 32,813.23\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 86.93 points, or 0.7%, to 11,994.46\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 9.22 points, or 0.5%, to 1,854.82\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654134473640,\\\"strCount\\\":4226,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A sharp increase in Treasury rates jolted Wall Street on Wednesday, sending stocks tumbling at the start of another month in what has been a volatile year for the market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 finished 0.7% down after a strong start gave way to tumultuous trading. The Dow Jones Industrial Average sank 0.5%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e dropped 0.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-2-2022-474535/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 2, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 dropped 30.92 points to 4,101.23. The Dow fell 176.89 points to 32,813.23, after gaining 282 points earlier. The Nasdaq Composite Index fell 86.93 points to 11,994.46. It too finished in the negative after giving up a 1.3% gain early on.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also lost ground. The Russell 2000 index dropped 9.22 points, or 0.5%, to 1,854.82.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-reliance-delta-corp-hero-motocorp-and-others-in-news-today-534184/\\\\\\\"\u003eTrending Stocks: Reliance, Delta Corp, Hero MotoCorp and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed has signalled it may continue raising its key short-term interest rate by double the usual amount at upcoming meetings in June and July. Speculation built last week that the Fed may consider a pause at its September meeting, which helped stocks to rise. But such hopes diminished after Wednesday's manufacturing report from the Institute for Supply Management.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/us-premarket-capri-holdings-weibo-and-other-stocks-making-biggest-moves-202414/\\\\\\\"\u003eUS Premarket: Capri Holdings, Weibo and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the reports, traders are now betting on a 60% probability that the Fed will raise its benchmark short-term rate to a range of 2.25% to 2.50% at its September meeting. A week ago, the majority of bets were on a lower level, at a range of 2% to 2.25%, according to CME Group.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the two-year Treasury, which tends to follow expectations for Fed moves, jumped with those expectations. It rose to 2.66%, up from 2.56% just before the manufacturing report’s release.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-576574/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year Treasury yield rose to 2.92% from 2.84% just before the report’s release.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Airlines and stocks of other travel-related companies were some of Wednesday's biggest losers on Wall Street amid worries that inflation is slicing away their earnings.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-q4-gdp-eight-core-industries-grow-84-in-april-hitting-six-months-high-249544/\\\\\\\"\u003eIndia Q4 GDP: Eight core industries grow 8.4% in April hitting six months high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delta Air Lines, for example, said it expects to see fuel costs of $3.60 to $3.70 per gallon this quarter, up from its prior forecast of up to $3.35. Even outside of fuel, Delta said expenses could soar up to 22% above 2019 levels on a per-seat basis. That’s up from an earlier forecast of 17%,\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delta’s stock fell 5.2% even though it also said revenue trends are strengthening. With passengers paying higher fares, Delta said it may get a key revenue measure fully back to 2019 levels.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gdp-manufacturing-sector-falls-02-owing-to-high-input-prices-159854/\\\\\\\"\u003eIndia Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Norwegian Cruise Line and United Airlines each lost 4.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the winning side were energy stocks, which rose with the price of crude oil. ConocoPhillips gained 3%, and Exxon Mobil rose 1.9% as a barrel of benchmark U.S. crude rose 0.5% to settle at $115.26. Brent crude, the international standard, added 0.6% to $116.29.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The biggest gain in the S\u0026amp;P 500 came from Salesforce.com, which reported a stronger profit for the latest quarter than analysts expected and raised its forecast for the year. Its stock rose 9.9%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedAirlines","slug":"unitedairlines","id":"1SoKYbnQo3Ye","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"DeltaAirlines","slug":"deltaairlines","id":"EOfLJtKFFaXq","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-02T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"A sharp increase in Treasury rates jolted Wall Street on Wednesday, sending stocks tumbling at the start of another month in what has been a volatile year for the market. The S\u0026P 500 finished 0.7% down after a strong start gave way to tumultuous trading. The Dow Jones Industrial Average sank 0.5%, while the Nasdaq dropped 0.7%. Also Read| Trade Setup: Top 15 things to know before market opens on June 2, 2022,The S\u0026P 500 dropped 30.92 points to 4,101.23. The Dow fell 176.89 points to 32,813.23, after gaining 282 points earlier. The Nasdaq Composite Index fell 86.93 points to 11,994.46. It too finished in the negative after giving up a 1.3% gain early on. Smaller company stocks also lost ground. The Russell 2000 index dropped 9.22 points, or 0.5%, to 1,854.82. Also Read| Trending Stocks: Reliance, Delta Corp, Hero MotoCorp and others in news today,The Fed has signalled it may continue raising its key short-term interest rate by double the usual amount at upcoming meetings in June and July. Speculation built last week that the Fed may consider a pause at its September meeting, which helped stocks to rise. But such hopes diminished after Wednesday's manufacturing report from the Institute for Supply Management. Also Read| US Premarket: Capri Holdings, Weibo and other stocks making biggest moves,Following the reports, traders are now betting on a 60% probability that the Fed will raise its benchmark short-term rate to a range of 2.25% to 2.50% at its September meeting. A week ago, the majority of bets were on a lower level, at a range of 2% to 2.25%, according to CME Group. The yield on the two-year Treasury, which tends to follow expectations for Fed moves, jumped with those expectations. It rose to 2.66%, up from 2.56% just before the manufacturing report’s release. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday,The 10-year Treasury yield rose to 2.92% from 2.84% just before the report’s release. Airlines and stocks of other travel-related companies were some of Wednesday's biggest losers on Wall Street amid worries that inflation is slicing away their earnings. Also Read| India Q4 GDP: Eight core industries grow 8.4% in April hitting six months high,Delta Air Lines, for example, said it expects to see fuel costs of $3.60 to $3.70 per gallon this quarter, up from its prior forecast of up to $3.35. Even outside of fuel, Delta said expenses could soar up to 22% above 2019 levels on a per-seat basis. That’s up from an earlier forecast of 17%,,Delta’s stock fell 5.2% even though it also said revenue trends are strengthening. With passengers paying higher fares, Delta said it may get a key revenue measure fully back to 2019 levels. Also Read| India Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices,Norwegian Cruise Line and United Airlines each lost 4.5%. On the winning side were energy stocks, which rose with the price of crude oil. ConocoPhillips gained 3%, and Exxon Mobil rose 1.9% as a barrel of benchmark U.S. crude rose 0.5% to settle at $115.26. Brent crude, the international standard, added 0.6% to $116.29. Also Read| How US Fed rate hike impacts the Indian rupee,The biggest gain in the S\u0026P 500 came from Salesforce.com, which reported a stronger profit for the latest quarter than analysts expected and raised its forecast for the year. Its stock rose 9.9%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Treasury,Delta,Nasdaq,the Institute for Supply Management,CME Group,Delta Air Lines,Norwegian Cruise Line,United Airlines,Exxon Mobil,U.S.,Salesforce.com","originalPublishedOn":"2022-06-02T08:45:00+05:30"}},{"node":{"id":"uKCOcqEmnt7w","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-4","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-576574/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-01T21:12:49+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average fell 230.84 points or 0.70% to 32,759.28\u003c/li\u003e\n \u003cli\u003eA report showed that manufacturing growth in the US accelerated last month\u003c/li\u003e\n \u003cli\u003eThe yield on the two-year Treasury surged to 2.66%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654098168179,\\\"strCount\\\":5007,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stocks gave away early gains on Wednesday and\\\\nturned lower in mid-morning trading.\u0026nbsp; A better-than-expected report on manufacturing led\\\\nTreasury yields sharply higher as traders took it to mean the \u003ca href=\\\\\\\"https://opoyi.com/usa/us-treasury-secretary-janet-yellen-explains-why-she-was-wrong-on-inflation-path-519682/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e\\\\nwill continue with its aggressive policy to slow down the economy and curb\\\\ninflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks gained along with the \u003ca href=\\\\\\\"https://opoyi.com/world/hungary-for-oil-why-european-union-only-cut-off-90-of-russian-fuel-imports-137259/\\\\\\\"\u003ecrude oil\u003c/a\u003e prices.\\\\nSalesforce. com led gains in the technology sector after posting\\\\nstronger-than-expected quarterly results and raising its outlook for the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/joe-biden-promises-protections-safety-and-equality-kicking-off-pride-month-438938/\\\\\\\"\u003eBiden promises 'protections, safety, and equality', kicking off Pride Month\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 31.17 points or 0.75% to 4,100.98 as\\\\nof 1:35 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 230.84\\\\npoints or 0.70% to 32,759.28. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e declined 60.69 points or 0.50% to\\\\n12,020.50.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks declined after a report showed that manufacturing\\\\ngrowth in the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e accelerated last month against the economists’ expectations\\\\nfor a slight lockdown.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/what-we-know-about-the-lawsuits-against-cleveland-browns-quarterback-deshaun-watson-511125/\\\\\\\"\u003eWhat we know about the lawsuits against Cleveland Browns quarterback Deshaun Watson\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, that’s a positive sign for an economy where\\\\ninvestors are concerned about the possibility of a recession, it also likely\\\\nkeeps the Federal Reserve firmly on its path to increasing interest rates\\\\nsharply.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the two-year Treasury, which tends to follow\\\\nexpectations for Fed moves, surged to 2.66% in the 30 minutes after the\\\\nreport's release, up from 2.56%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/moderate-r-elon-musk-swings-back-to-centrism-in-exchange-with-andrew-yang-271310/\\\\\\\"\u003e'Moderate R' Elon Musk swings back to centrism in exchange with Andrew Yang\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"With its key short-term interest rate already off its\\\\nrecord low, the Fed has signalled it may continue to raise it by twice as much\\\\nas usual at upcoming meetings. Such hikes are meant to slow down the economy to\\\\ncontrol inflation, which is at its highest in four decades.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are feared that too-aggressive hikes could\\\\nforce the economy into a recession. Even if it doesn't, higher rates put\\\\ndownward pressure on the stock and other investment prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/derek-chauvin-who-killed-george-floyd-slapped-with-new-federal-lawsuits-224099/\\\\\\\"\u003eDerek Chauvin, who killed George Floyd, slapped with new federal lawsuits\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In addition, the Fed on Wednesday begins its program to\\\\npare back some of the trillions of dollars of Treasurys and other bonds that it\\\\namassed through the pandemic. Such a move should put upward pressure on\\\\nlonger-term rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year Treasury yield surged to 2.92% from 2.84%\\\\njust before the report’s release.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/germany-to-send-anti-aircraft-missiles-radar-systems-to-ukraine-check-details-290639/\\\\\\\"\u003eGermany to send anti-aircraft missiles, radar systems to Ukraine. Check details\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Salesforce, the business software maker, jumped 13% after\\\\nposting results that exceeded analysts’ forecasts and raising its outlook for\\\\nthe year. Other big tech firms including \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e were also trading\\\\nhigher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil prices rebounded after falling from around $120 per\\\\nbarrel Tuesday when prices jumped after the European Union agreed to slash the\\\\nmajority of oil imports from \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e because of its invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\\nConocoPhillips rose 2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/the-internet-remembers-in-2011-elon-musk-promised-to-put-man-on-mars-in-next-10-years-601873/\\\\\\\"\u003eThe internet remembers: In 2011, Elon Musk promised to put man on Mars in next 10 years\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prices ultimately declined on Tuesday on speculation that\\\\nthe \u003ca href=\\\\\\\"https://opoyi.com/topics/opec/\\\\\\\"\u003eOPEC\u003c/a\u003e plus group of oil-producing countries might ease production limits and\\\\noffset lost oil output from Russia. But just hours before US markets opened,\\\\nbenchmark US crude had jumped $1.25 to $115.92 per barrel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brent crude, the international oil benchmark, climbed\\\\n$1.52 to $117.12 per barrel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil prices have jumped over 50% so far this year,\\\\nwhich is a big contributor to the high inflation sweeping the world. A report\\\\nTuesday showed inflation in the 19 countries that use the euro currency hit\\\\n8.1% in May, the highest level since records began in 1997.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"OPEC","slug":"opec","id":"ViNiH9Fxq6Wd","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-01T21:12:48+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks gave away early gains on Wednesday and turned lower in mid-morning trading. A better-than-expected report on manufacturing led Treasury yields sharply higher as traders took it to mean the Federal Reserve will continue with its aggressive policy to slow down the economy and curb inflation. Energy stocks gained along with the crude oil prices. Salesforce. com led gains in the technology sector after posting stronger-than-expected quarterly results and raising its outlook for the year. Also Read | Biden promises 'protections, safety, and equality', kicking off Pride Month,The S\u0026P 500 fell 31.17 points or 0.75% to 4,100.98 as of 1:35 a.m. Eastern Time Zone. The Dow Jones Industrial Average fell 230.84 points or 0.70% to 32,759.28. The Nasdaq declined 60.69 points or 0.50% to 12,020.50. Stocks declined after a report showed that manufacturing growth in the US accelerated last month against the economists’ expectations for a slight lockdown. Also Read | What we know about the lawsuits against Cleveland Browns quarterback Deshaun Watson,Meanwhile, that’s a positive sign for an economy where investors are concerned about the possibility of a recession, it also likely keeps the Federal Reserve firmly on its path to increasing interest rates sharply. The yield on the two-year Treasury, which tends to follow expectations for Fed moves, surged to 2.66% in the 30 minutes after the report's release, up from 2.56%. Also Read | 'Moderate R' Elon Musk swings back to centrism in exchange with Andrew Yang,With its key short-term interest rate already off its record low, the Fed has signalled it may continue to raise it by twice as much as usual at upcoming meetings. Such hikes are meant to slow down the economy to control inflation, which is at its highest in four decades. Investors are feared that too-aggressive hikes could force the economy into a recession. Even if it doesn't, higher rates put downward pressure on the stock and other investment prices. Also Read | Derek Chauvin, who killed George Floyd, slapped with new federal lawsuits,In addition, the Fed on Wednesday begins its program to pare back some of the trillions of dollars of Treasurys and other bonds that it amassed through the pandemic. Such a move should put upward pressure on longer-term rates. The 10-year Treasury yield surged to 2.92% from 2.84% just before the report’s release. Also Read | Germany to send anti-aircraft missiles, radar systems to Ukraine. Check details,Salesforce, the business software maker, jumped 13% after posting results that exceeded analysts’ forecasts and raising its outlook for the year. Other big tech firms including Apple and Microsoft were also trading higher. Oil prices rebounded after falling from around $120 per barrel Tuesday when prices jumped after the European Union agreed to slash the majority of oil imports from Russia because of its invasion of Ukraine. ConocoPhillips rose 2%. Also Read | The internet remembers: In 2011, Elon Musk promised to put man on Mars in next 10 years,Prices ultimately declined on Tuesday on speculation that the OPEC plus group of oil-producing countries might ease production limits and offset lost oil output from Russia. But just hours before US markets opened, benchmark US crude had jumped $1.25 to $115.92 per barrel. Brent crude, the international oil benchmark, climbed $1.52 to $117.12 per barrel. The oil prices have jumped over 50% so far this year, which is a big contributor to the high inflation sweeping the world. A report Tuesday showed inflation in the 19 countries that use the euro currency hit 8.1% in May, the highest level since records began in 1997.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,US,Fed,the Federal Reserve,Russia,Nasdaq,Treasurys,Apple,Microsoft,the European Union,Ukraine,OPEC,US early trade, US stock market, Stock market, Share market, Dow Jones, S\u0026P 500, Nasdaq,United states","originalPublishedOn":"2022-06-01T21:12:48+05:30"}},{"node":{"id":"0q8pUStTQcNu","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-106522/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-01T09:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 26.09 points, or 0.6%, to 4,132.15\u003c/li\u003e\n \u003cli\u003eThe Dow Jones Industrial Average fell 222.84 points, or 0.7%, to 32,990.12\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 49.74 points, or 0.4%, to 12,081.39\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 23.85 points, or 1.3%, to 1,864.04\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654051602722,\\\"strCount\\\":5000,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks finished down Tuesday, with the market eking out a small gain for the month, a fitting end to a difficult month that saw Wall Street battered by concerns about a future recession, inflation, and increasing interest rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-power-grid-hfcl-bharat-dynamics-and-others-in-news-today-181241/\\\\\\\"\u003eTrending Stocks: Power Grid, HFCL, Bharat Dynamics and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 0.6%, recouping over half of its earlier-day loss. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average sank 0.7%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite fell 0.4%. Both companies recovered some of their losses after losing at least 1.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-1-2022-271735/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 1, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such swings should perhaps be no surprise given Wall Street’s action this month, amid some of the wildest trading since the early days of the pandemic. The S\u0026amp;P 500 finished the month with a gain of less than 0.1%, which followed an 8.8% slump in April. The index is now 13.9% below its record set early this year. But the slight move for the month belies sharp lurches down and up that shook investors along the way.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-wedesday-june-1-2022-398362/\\\\\\\"\u003eStocks that should be on your watchlist on Wedesday, June 1, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Through mid-May, the S\u0026amp;P 500 tumbled to seven straight losing weeks for its longest such streak since the dot-com bubble was deflating two decades ago. Slowing data on the U.S. economy heightened worries that high inflation will force the Federal Reserve to raise interest rates so aggressively that it will cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-374889/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 26.09 points to 4,132.15, while the Dow lost 222.84 points at 32,990.12. The Nasdaq dropped 49.74 points to 12,081.39.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks feel more than the broader market. The Russell 2000 slid 23.85 points, or 1.3%, to 1,864.04.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-yamana-gold-unilever-and-other-stocks-making-biggest-moves-675670/\\\\\\\"\u003eUS Premarket: Yamana Gold, Unilever and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Highlighting the worries about inflation, oil prices briefly rose Tuesday after the European Union agreed to block the majority of oil imports from \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e because of its invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e. Benchmark U.S. crude ended up falling 0.3% to settle at $114.67 per barrel. Brent crude, the international standard, rose 1% to settle at $122.84 per barrel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indias-10-year-bond-yield-rises-to-three-week-high-481973/\\\\\\\"\u003eIndia's 10-year bond yield rises to three-week high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The jump of more than 50% in oil prices so far this year has been a big contributor to the very high inflation sweeping the world. Earlier Tuesday, a report showed inflation in the 19 countries that use the euro currency hit 8.1% in May, the highest level since records began in 1997.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/indias-real-gdp-growth-stands-at-87-in-fy2022-168444/\\\\\\\"\u003eIndia's real GDP growth stands at 8.7% in FY2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have managed to avoid a full-blown bear market, at least so far, with the S\u0026amp;P 500 yet to close more than 20% below its record. The S\u0026amp;P 500 is coming off its best week in a year and a half, in part on hopes that inflation may have hit its peak and will begin moderating. Speculation has grown that the Fed may consider a pause in rate hikes at its September meeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/who-designed-bitcoin-logo\\\\\\\"\u003eBitcoin logo: Who designed it, know its history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, health care, technology and energy stocks were among the biggest drags on the market. UnitedHealth Group fell 2%, \u003ca href=\\\\\\\"https://opoyi.com/topics/adobe/\\\\\\\"\u003eAdobe\u003c/a\u003e dropped 2.7% and Chevron slid 2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some areas of the stock market that has been particularly hard hit this year also climbed, including internet-related stocks. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e rose 4.4%, and the Class A shares of Google's parent company gained 1.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-q4-results-net-profit-declines-18-firm-declares-dividend-of-rs-15-613422/\\\\\\\"\u003eLIC Q4 Results: Net profit declines 18%, firm declares dividend of Rs 1.5\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"U.S. Treasury yields rose following reports showing confidence among U.S. consumers was higher than economists expected and home prices rose more than forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury climbed to 2.85% from 2.75% late Friday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Adobe","slug":"adobe","id":"MLEaiuHfmgvQ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-06-01T09:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks finished down Tuesday, with the market eking out a small gain for the month, a fitting end to a difficult month that saw Wall Street battered by concerns about a future recession, inflation, and increasing interest rates. Also Read| Trending Stocks: Power Grid, HFCL, Bharat Dynamics and others in news today,The S\u0026P 500 lost 0.6%, recouping over half of its earlier-day loss. The Dow Jones Industrial Average sank 0.7%, while the Nasdaq Composite fell 0.4%. Both companies recovered some of their losses after losing at least 1.4%. Also Read| Trade Setup: Top 13 things to know before market opens on June 1, 2022,Such swings should perhaps be no surprise given Wall Street’s action this month, amid some of the wildest trading since the early days of the pandemic. The S\u0026P 500 finished the month with a gain of less than 0.1%, which followed an 8.8% slump in April. The index is now 13.9% below its record set early this year. But the slight move for the month belies sharp lurches down and up that shook investors along the way. Also Read| Stocks that should be on your watchlist on Wedesday, June 1, 2022,Through mid-May, the S\u0026P 500 tumbled to seven straight losing weeks for its longest such streak since the dot-com bubble was deflating two decades ago. Slowing data on the U.S. economy heightened worries that high inflation will force the Federal Reserve to raise interest rates so aggressively that it will cause a recession. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,The S\u0026P 500 fell 26.09 points to 4,132.15, while the Dow lost 222.84 points at 32,990.12. The Nasdaq dropped 49.74 points to 12,081.39. Smaller company stocks feel more than the broader market. The Russell 2000 slid 23.85 points, or 1.3%, to 1,864.04. Also Read| US Premarket: Yamana Gold, Unilever and other stocks making biggest moves,Highlighting the worries about inflation, oil prices briefly rose Tuesday after the European Union agreed to block the majority of oil imports from Russia because of its invasion of Ukraine. Benchmark U.S. crude ended up falling 0.3% to settle at $114.67 per barrel. Brent crude, the international standard, rose 1% to settle at $122.84 per barrel. Also Read| India's 10-year bond yield rises to three-week high,The jump of more than 50% in oil prices so far this year has been a big contributor to the very high inflation sweeping the world. Earlier Tuesday, a report showed inflation in the 19 countries that use the euro currency hit 8.1% in May, the highest level since records began in 1997. Also Read| India's real GDP growth stands at 8.7% in FY2022,Stocks have managed to avoid a full-blown bear market, at least so far, with the S\u0026P 500 yet to close more than 20% below its record. The S\u0026P 500 is coming off its best week in a year and a half, in part on hopes that inflation may have hit its peak and will begin moderating. Speculation has grown that the Fed may consider a pause in rate hikes at its September meeting. Also Read| Bitcoin logo: Who designed it, know its history,On Wall Street, health care, technology and energy stocks were among the biggest drags on the market. UnitedHealth Group fell 2%, Adobe dropped 2.7% and Chevron slid 2%. Some areas of the stock market that has been particularly hard hit this year also climbed, including internet-related stocks. Amazon rose 4.4%, and the Class A shares of Google's parent company gained 1.1%. Also Read| LIC Q4 Results: Net profit declines 18%, firm declares dividend of Rs 1.5,U.S. Treasury yields rose following reports showing confidence among U.S. consumers was higher than economists expected and home prices rose more than forecast. The yield on the 10-year Treasury climbed to 2.85% from 2.75% late Friday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,the Nasdaq Composite,the Federal Reserve,Dow,Nasdaq,Russell,the European Union,Russia,Ukraine,the S 500,The S 500,Fed,UnitedHealth Group,Adobe,Chevron","originalPublishedOn":"2022-06-01T09:15:00+05:30"}},{"node":{"id":"JpoN6C5GZsYm","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-9","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-monday-374889/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-31T22:14:39+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq composite was 118.61 points or 1.55% down to 11,942.52\u003c/li\u003e\n \u003cli\u003eBrent crude surged 2% to $119.95 per barrel\u003c/li\u003e\n \u003cli\u003ePresident Biden will meet Fed Reserve Chairman Jerome Powell on Tuesday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654015478612,\\\"strCount\\\":3880,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks are falling on Tuesday as \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e nears the\\\\nend of a volatile month, battered by worries about a possible recession,\\\\ninflation and \u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003erising interest rates\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index fell 53.01 points or 1.27% to\\\\n4,105.23 as of 10:11 a.m. Eastern Time Zone. The Dow Jones Industrial Average\\\\nwas down 481.80 points or 1.15% to 32,831.16. The Nasdaq composite was 118.61\\\\npoints or 1.55% down to 11,942.52.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/amid-russia-ukraine-conflict-representatives-hold-war-crimes-meeting-at-hague-573789/\\\\\\\"\u003eAmid Russia-Ukraine conflict, representatives hold war crimes meeting at Hague\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Outlining the worries about inflation, oil prices jumped\\\\nabove $119 toward their highest levels since the early days of Russia’s war in\\\\n\u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brent crude, the international oil benchmark, surged 2%\\\\nto $119.95 per barrel after the European Union agreed to slash the majority of\\\\noil imports from \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e. Benchmark \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude was up 3.2% at $118.76.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"This year, oil prices have jumped 60% so far and have\\\\nbeen a big contributor to the very high inflation around the world. A report on\\\\nTuesday showed that inflation in the 19 countries that use the euro currency\\\\nhit 8.1% in May, the highest level since records began in 1997.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/gold-silver-and-other-metal-prices-on-tuesday-may-31-2022-269389/\\\\\\\"\u003eGold, silver and other metal prices on Tuesday, May 31, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"US President Joe \u003ca href=\\\\\\\"https://opoyi.com/topics/biden/\\\\\\\"\u003eBiden\u003c/a\u003e will meet Federal Reserve\\\\nChairman Jerome Powell on Tuesday as rising inflation continues to carve up\\\\nAmerican’s earnings.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Tuesday meeting will be the first since Biden\\\\nrenominated Powell to lead the central bank and weeks after the \u003ca href=\\\\\\\"https://opoyi.com/topics/senate/\\\\\\\"\u003eSenate\u003c/a\u003e\\\\nconfirmed a second term. They would discuss the state of the US and global\\\\neconomy and especially four-decade high inflation, described as Biden’s “top\\\\neconomic priority”.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/indias-real-gdp-growth-stands-at-87-in-fy2022-168444/\\\\\\\"\u003eIndia's real GDP growth stands at 8.7% in FY2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 is moving towards a 0.5% loss for May,\\\\nwhich would bring it 14.3% below its record set early this year. However, the\\\\nslight gain for the month is in stark contrast to the big swings that shook\\\\ninvestors throughout.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Slowing data on the U.S. economy raised concerns that\\\\nhigh inflation will force the Federal Reserve to raise rates so aggressively\\\\nthat it will cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Additionally, some high-profile retailers have expressed\\\\nconcern that inflation is eating into their profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/eurozone-inflation-soars-to-record-81-amid-rising-energy-and-food-costs-536456/\\\\\\\"\u003eEurozone inflation soars to record 8.1% amid rising energy and food costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"They all combined to bring Wall Street to the brink of\\\\nthe bear market, where the S\u0026amp;P 500 was on the verge of losing more than 20%\\\\nbelow its record.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, stocks have recovered marginally and have\\\\nmanaged to avoid a bear market. The S\u0026amp;P 500 is coming off its best week in\\\\na year and a half, amid hopes that inflation may have hit its peak and will\\\\nbegin moderating.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/vodafone-idea-share-rises-10-on-reports-of-rs-20000-crore-investment-plan-126746/\\\\\\\"\u003eVodafone Idea share rises 10% on reports of Rs 20,000 crore investment plan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Relaxation of COVID-19 related restrictions in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e also\\\\nhelped, easing some of the worries about the world's second-largest economy and\\\\nmore disruptions to global supply chains.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-31T21:01:33+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks are falling on Tuesday as Wall Street nears the end of a volatile month, battered by worries about a possible recession, inflation and rising interest rates. The S\u0026P 500 index fell 53.01 points or 1.27% to 4,105.23 as of 10:11 a.m. Eastern Time Zone. The Dow Jones Industrial Average was down 481.80 points or 1.15% to 32,831.16. The Nasdaq composite was 118.61 points or 1.55% down to 11,942.52. Also Read | Amid Russia-Ukraine conflict, representatives hold war crimes meeting at Hague,Outlining the worries about inflation, oil prices jumped above $119 toward their highest levels since the early days of Russia’s war in Ukraine. Brent crude, the international oil benchmark, surged 2% to $119.95 per barrel after the European Union agreed to slash the majority of oil imports from Russia. Benchmark US crude was up 3.2% at $118.76. This year, oil prices have jumped 60% so far and have been a big contributor to the very high inflation around the world. A report on Tuesday showed that inflation in the 19 countries that use the euro currency hit 8.1% in May, the highest level since records began in 1997. Also Read | Gold, silver and other metal prices on Tuesday, May 31, 2022,US President Joe Biden will meet Federal Reserve Chairman Jerome Powell on Tuesday as rising inflation continues to carve up American’s earnings. The Tuesday meeting will be the first since Biden renominated Powell to lead the central bank and weeks after the Senate confirmed a second term. They would discuss the state of the US and global economy and especially four-decade high inflation, described as Biden’s “top economic priority”. Also Read | India's real GDP growth stands at 8.7% in FY2022,The S\u0026P 500 is moving towards a 0.5% loss for May, which would bring it 14.3% below its record set early this year. However, the slight gain for the month is in stark contrast to the big swings that shook investors throughout. Slowing data on the U.S. economy raised concerns that high inflation will force the Federal Reserve to raise rates so aggressively that it will cause a recession. Additionally, some high-profile retailers have expressed concern that inflation is eating into their profits. Also Read | Eurozone inflation soars to record 8.1% amid rising energy and food costs,They all combined to bring Wall Street to the brink of the bear market, where the S\u0026P 500 was on the verge of losing more than 20% below its record. However, stocks have recovered marginally and have managed to avoid a bear market. The S\u0026P 500 is coming off its best week in a year and a half, amid hopes that inflation may have hit its peak and will begin moderating. Also Read | Vodafone Idea share rises 10% on reports of Rs 20,000 crore investment plan,Relaxation of COVID-19 related restrictions in China also helped, easing some of the worries about the world's second-largest economy and more disruptions to global supply chains.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Russia,US,Biden,Ukraine,the European Union,Joe Biden,Federal Reserve,Jerome Powell,American,Powell,Senate,U.S.,the Federal Reserve,China,Early trade, Stock market, share market, dow jones, nasdaq, S\u0026P 500","originalPublishedOn":"2022-05-31T21:01:33+05:30"}},{"node":{"id":"2mJQo7GuKaEh","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-124073/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-30T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 100.40 points, or 2.5%, to 4,158.24\u003c/li\u003e\n \u003cli\u003eThe Dow Jones Industrial Average rose 575.77 points, or 1.8%, to 33,212.96\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 390.48 points, or 3.3%, to 12,131.13\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 49.62 points, or 2.7%, to 1,887.86\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653873743718,\\\"strCount\\\":3405,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As Wall Street recorded its greatest week in 18 months, tech firms led a wide market gain on Friday. The rise snapped the market's seven-week losing skid, the longest since 2001.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-may-30-2022-381165/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on May 30, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 2.5% and completed the week up 6.6%, its largest weekly increase since November 2020. The Dow Jones Industrial Average climbed 1.8%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite gained 3.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/swift-may-not-exist-in-five-years-says-mastercard-ceo-605575/\\\\\\\"\u003eSWIFT may not exist in five years, says Mastercard CEO\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 finished the day 100.40 points higher at 4,158.24. The Nasdaq gained 390.48 points to close at 12,131.13. Both indices gained for the third time in a row. The Dow surged 575.77 points to 33,212.96, marking its sixth consecutive gain. Smaller firm stocks gained momentum as well. The Russell 2000 index increased by 49.66 points, or 2.7%, to 1,887.90.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For over two months, the broader market has been in a downturn as investors fret about increasing interest rates and inflation. Investors were alarmed last week by poor earnings results from major retailers such as \u003ca href=\\\\\\\"https://opoyi.com/topics/walmart/\\\\\\\"\u003eWalmart\u003c/a\u003e and Target, which fueled concerns about increasing inflation squeezing profit margins and limiting consumer spending.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/recovery-getting-entrenched-and-broadening-despite-risks-rbi-annual-report-449787/\\\\\\\"\u003eRecovery getting entrenched and broadening despite risks: RBI annual report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite bumpy trading throughout the week, the market moved higher as retailers such as Macy's and Dollar General provided optimistic earnings reports and financial updates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/all-you-need-to-know-about-terra-luna-revival-plan-238520/\\\\\\\"\u003eAll you need to know about Terra-Luna revival plan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors continued to examine the latest wave of profits to get a clearer idea of how much pain higher inflation is wreaking on firms and consumers on Friday, with retailers among the top gainers. Ulta Beauty gained 12.5% for the largest rise in the S\u0026amp;P 500 after upping its profit prediction for the year. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e increased by 3.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-india-can-fight-ransomware-attacks-260225/\\\\\\\"\u003eHow India can fight ransomware attacks\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several corporations were knocked down by disappointing financial reports and profits. American Eagle dropped 6.6% after reporting disappointing first-quarter profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003e'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Crude oil prices in the United States have been relatively steady, but are expected to rise by over 60% in 2022. Wheat prices are up almost 50% this year, while corn prices are around 30%. The 10-year Treasury yield, which influences mortgage rates, fell to 2.74% from 2.75% late Thursday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Walmart","slug":"walmart","id":"xZhtJX8hukit","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-30T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"As Wall Street recorded its greatest week in 18 months, tech firms led a wide market gain on Friday. The rise snapped the market's seven-week losing skid, the longest since 2001. Also Read| Trade Setup: Top 15 things to know before market opens on May 30, 2022,The S\u0026P 500 gained 2.5% and completed the week up 6.6%, its largest weekly increase since November 2020. The Dow Jones Industrial Average climbed 1.8%, while the Nasdaq Composite gained 3.3%. Also Read| SWIFT may not exist in five years, says Mastercard CEO,The S\u0026P 500 finished the day 100.40 points higher at 4,158.24. The Nasdaq gained 390.48 points to close at 12,131.13. Both indices gained for the third time in a row. The Dow surged 575.77 points to 33,212.96, marking its sixth consecutive gain. Smaller firm stocks gained momentum as well. The Russell 2000 index increased by 49.66 points, or 2.7%, to 1,887.90. Also Read| How US Fed rate hike impacts the Indian rupee,For over two months, the broader market has been in a downturn as investors fret about increasing interest rates and inflation. Investors were alarmed last week by poor earnings results from major retailers such as Walmart and Target, which fueled concerns about increasing inflation squeezing profit margins and limiting consumer spending. Also Read| Recovery getting entrenched and broadening despite risks: RBI annual report,Despite bumpy trading throughout the week, the market moved higher as retailers such as Macy's and Dollar General provided optimistic earnings reports and financial updates. Also Read| All you need to know about Terra-Luna revival plan,Investors continued to examine the latest wave of profits to get a clearer idea of how much pain higher inflation is wreaking on firms and consumers on Friday, with retailers among the top gainers. Ulta Beauty gained 12.5% for the largest rise in the S\u0026P 500 after upping its profit prediction for the year. Amazon increased by 3.7%. Also Read| How India can fight ransomware attacks,Several corporations were knocked down by disappointing financial reports and profits. American Eagle dropped 6.6% after reporting disappointing first-quarter profits. Also Read| 'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low,Crude oil prices in the United States have been relatively steady, but are expected to rise by over 60% in 2022. Wheat prices are up almost 50% this year, while corn prices are around 30%. The 10-year Treasury yield, which influences mortgage rates, fell to 2.74% from 2.75% late Thursday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"The S 500,Nasdaq,Russell,Walmart,Target,Macy,Amazon,American Eagle,the United States,Treasury,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-05-30T08:45:00+05:30"}},{"node":{"id":"zV7W137hhadp","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-4","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-676850/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-27T21:04:16+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average rose 242.11 points or 0.74% to 32,879\u003c/li\u003e\n \u003cli\u003eTechnology stocks led the broad gains\u003c/li\u003e\n \u003cli\u003eDisappointing financial reports and earnings weighed on several companies\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653665654680,\\\"strCount\\\":4071,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stocks surged in morning trading on Friday, keeping the market in line for its first weekly gain after seven weeks of losses. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 1.49% to 4,118.48 as of 10:13 a.m. Eastern Time Zone and is on track for a 5.6% gain for the week. The Dow Jones Industrial Average rose 242.11 points or 0.74% to 32,879. The Nasdaq rose 252.66 points or 2.15% to 11,993.31.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/swift-may-not-exist-in-five-years-says-mastercard-ceo-605575/\\\\\\\"\u003eSWIFT may not exist in five years, says Mastercard CEO\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks led the broad gains. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e rose 3.3% and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e rose 2.2%. Retailers also made solid gains as Wall Street continues reviewing the latest round of financial reports to get a better idea of just how rising inflation is impacting businesses and consumers. Beauty products company Ulta Beauty rallied 11% after raising its profit outlook for the year. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e rose 2.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European exchanges were higher and Asian markets closed higher overnight.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/threat-to-shoot-up-massachusetts-school-being-investigated-after-texas-massacre-220199/\\\\\\\"\u003eThreat to 'shoot up' Massachusetts school being investigated after Texas massacre\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which helps set mortgage rates, slipped to 2.72% from 2.75% late Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Disappointing financial reports and earnings weighed on several companies. Gap lost 2.3% after slashing its profit forecast for the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The broader market has been declining for nearly two months amid concerns about inflation and rising interest. Investors were upset last week by disappointing reports from key retailers, including Walmart and Target, which cited fears about rising inflation hitting profit margins and crimping consumer spending.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/texas-mass-shooting-leads-to-united-states-gun-lobby-event-donald-trump-to-speak-587210/\\\\\\\"\u003eAfter Texas massacre, a massive gun lobby event in Houston\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Although trading remained volatile throughout the week, the market has mostly rallied as retailers including Macy's and Dollar General released encouraging earnings reports and financial updates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation is at its highest level in four decades and has been persistently squeezing businesses.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In response to rising costs, companies raised prices on everything from food to clothing to protect their margins, and consumers remained resilient. The Russia-Ukraine war worsened the inflation picture by pushing global energy and food prices even higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude oil prices were stable but are up more than 50% in 2022. Wheat prices are up about 50% and corn prices are up more than 30% this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/all-you-need-to-know-about-terra-luna-revival-plan-238520/\\\\\\\"\u003eAll you need to know about Terra-Luna revival plan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Supply chain issues at the heart of rising inflation were worsened in the light of China's lockdown of several major cities.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The extra inflationary pressure has made it even more difficult for businesses to offset costs and is seemingly prompting a shift in consumer spending away from expensive items and toward necessities. It has also raised worries that the Federal Reserve may have an even more difficult time in a bid to contain the impact of inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003e'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed is aggressively raising interest rates to curb inflation, but investors are concerned that it could potentially push the economy into a recession if it moves too aggressively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-27T21:04:15+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks surged in morning trading on Friday, keeping the market in line for its first weekly gain after seven weeks of losses. ,The S\u0026P 500 rose 1.49% to 4,118.48 as of 10:13 a.m. Eastern Time Zone and is on track for a 5.6% gain for the week. The Dow Jones Industrial Average rose 242.11 points or 0.74% to 32,879. The Nasdaq rose 252.66 points or 2.15% to 11,993.31. Also Read | SWIFT may not exist in five years, says Mastercard CEO,Technology stocks led the broad gains. Apple rose 3.3% and Microsoft rose 2.2%. Retailers also made solid gains as Wall Street continues reviewing the latest round of financial reports to get a better idea of just how rising inflation is impacting businesses and consumers. Beauty products company Ulta Beauty rallied 11% after raising its profit outlook for the year. Amazon rose 2.8%. European exchanges were higher and Asian markets closed higher overnight. Also Read | Threat to 'shoot up' Massachusetts school being investigated after Texas massacre,The yield on the 10-year Treasury, which helps set mortgage rates, slipped to 2.72% from 2.75% late Thursday. Disappointing financial reports and earnings weighed on several companies. Gap lost 2.3% after slashing its profit forecast for the year. The broader market has been declining for nearly two months amid concerns about inflation and rising interest. Investors were upset last week by disappointing reports from key retailers, including Walmart and Target, which cited fears about rising inflation hitting profit margins and crimping consumer spending. Also Read | After Texas massacre, a massive gun lobby event in Houston,Although trading remained volatile throughout the week, the market has mostly rallied as retailers including Macy's and Dollar General released encouraging earnings reports and financial updates. Inflation is at its highest level in four decades and has been persistently squeezing businesses. Also Read | How US Fed rate hike impacts the Indian rupee,In response to rising costs, companies raised prices on everything from food to clothing to protect their margins, and consumers remained resilient. The Russia-Ukraine war worsened the inflation picture by pushing global energy and food prices even higher. US crude oil prices were stable but are up more than 50% in 2022. Wheat prices are up about 50% and corn prices are up more than 30% this year. Also Read | All you need to know about Terra-Luna revival plan,Supply chain issues at the heart of rising inflation were worsened in the light of China's lockdown of several major cities. The extra inflationary pressure has made it even more difficult for businesses to offset costs and is seemingly prompting a shift in consumer spending away from expensive items and toward necessities. It has also raised worries that the Federal Reserve may have an even more difficult time in a bid to contain the impact of inflation. Also Read | 'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low,The Fed is aggressively raising interest rates to curb inflation, but investors are concerned that it could potentially push the economy into a recession if it moves too aggressively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Apple,Microsoft,Ulta Beauty,Amazon,European,Asian,Treasury,Target,Macy,Russia,US,China,the Federal Reserve,United States, Stock market, share market, Dow jones, S\u0026P 500,Nasdaq, US earlt trade, Early trade, Wall Street","originalPublishedOn":"2022-05-27T21:04:15+05:30"}},{"node":{"id":"TeWIjkAEEq2z","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-thursday","slugV2":"world/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-thursday-554870/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2% up on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-27T09:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 79.11 points, or 2%, to 4,057.84.\u003c/li\u003e\n \u003cli\u003eThe Dow Jones Industrial Average rose 516.91 points, or 1.6%, to 32,637.19.\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 305.91 points, or 2.7%, to 11,740.65.\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 39.07 points, or 2.2%, to 1,838.24.\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653618261030,\\\"strCount\\\":3058,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors hailed a good batch of quarterly earnings from Macy's and other retailers as stocks finished broadly higher on Wall Street Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-may-27-2022-203443/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on May 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 2% and is on track for its first weekly gain following seven straight losses, the longest such streak since 2001.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average increased by 1.6%, while the Nasdaq increased by 2.7%. Smaller firm stocks gained significantly as well, indicating that the economy is improving.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/trending-stocks-hindalco-piramal-tata-power-and-others-in-news-today-284481/\\\\\\\"\u003eTrending Stocks: Hindalco, Piramal, Tata Power and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields increased. The yield on the 10-year Treasury note, which helps set mortgage interest rates, increased to 2.75% from 2.74% Wednesday Night.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Roughly 90% of the stocks in the S\u0026amp;P 500 rose, with technology companies, banks and retailers driving much of the rally. While trading has remained choppy this week, the market has mostly pushed higher, unlike the past five weeks, when the S\u0026amp;P 500 had a pullback of 2% or more at least one day each week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-553357/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 79.11 points to 4,057.84. The Dow added 516.91 points to 32,637.19, and the Nasdaq rose 305.91 points to 11,740.65.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russell 2000 index of smaller companies climbed 39.07 points, or 2.2%, to 1,838.24.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-alibaba-twitter-nvidia-and-other-stocks-making-biggest-moves-351825/\\\\\\\"\u003eUS Premarket: Alibaba, Twitter, Nvidia and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers led the broader market higher Thursday. Macy's surged 19.3% after it raised its profit forecast for the year following a strong first-quarter financial report. Dollar General vaulted 13.7% and Dollar Tree jumped 21.9% for the biggest gain in the S\u0026amp;P 500 after the discount retailers reported solid earnings and gave investors encouraging forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/alibaba-hit-by-covid-reports-60-decline-in-full-year-profits-159222/\\\\\\\"\u003eAlibaba hit by Covid reports 60% decline in full-year profits\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks also rose. TurboTax maker Intuit rose 4.6%. Companies in the sector, with their lofty stock values, tend to push the market harder up or down.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/interglobe-coal-india-colgate-and-other-stocks-that-moved-most-on-may-26-272590/\\\\\\\"\u003eInterGlobe, Coal India, Colgate and other stocks that moved most on May 26\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Airline stocks rallied on encouraging summer travel forecasts. Southwest Airlines rose 6% and JetBlue rose 3.4%. U.S. crude oil prices rose 3.4% and are up more than 55% for the year.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"SouthwestAirlines","slug":"southwestairlines","id":"OwU44KXcPSZD","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-27T09:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Investors hailed a good batch of quarterly earnings from Macy's and other retailers as stocks finished broadly higher on Wall Street Thursday. Also Read| Trade Setup: Top 13 things to know before market opens on May 27, 2022,The S\u0026P 500 gained 2% and is on track for its first weekly gain following seven straight losses, the longest such streak since 2001. The Dow Jones Industrial Average increased by 1.6%, while the Nasdaq increased by 2.7%. Smaller firm stocks gained significantly as well, indicating that the economy is improving. Also Read| Trending Stocks: Hindalco, Piramal, Tata Power and others in news today,Bond yields increased. The yield on the 10-year Treasury note, which helps set mortgage interest rates, increased to 2.75% from 2.74% Wednesday Night. Roughly 90% of the stocks in the S\u0026P 500 rose, with technology companies, banks and retailers driving much of the rally. While trading has remained choppy this week, the market has mostly pushed higher, unlike the past five weeks, when the S\u0026P 500 had a pullback of 2% or more at least one day each week. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Thursday,The S\u0026P 500 rose 79.11 points to 4,057.84. The Dow added 516.91 points to 32,637.19, and the Nasdaq rose 305.91 points to 11,740.65. The Russell 2000 index of smaller companies climbed 39.07 points, or 2.2%, to 1,838.24. Also Read| US Premarket: Alibaba, Twitter, Nvidia and other stocks making biggest moves,Retailers led the broader market higher Thursday. Macy's surged 19.3% after it raised its profit forecast for the year following a strong first-quarter financial report. Dollar General vaulted 13.7% and Dollar Tree jumped 21.9% for the biggest gain in the S\u0026P 500 after the discount retailers reported solid earnings and gave investors encouraging forecasts. Also Read| Alibaba hit by Covid reports 60% decline in full-year profits,Technology stocks also rose. TurboTax maker Intuit rose 4.6%. Companies in the sector, with their lofty stock values, tend to push the market harder up or down. Also Read| InterGlobe, Coal India, Colgate and other stocks that moved most on May 26,Airline stocks rallied on encouraging summer travel forecasts. Southwest Airlines rose 6% and JetBlue rose 3.4%. U.S. crude oil prices rose 3.4% and are up more than 55% for the year.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Macy,Treasury,the S 500,Russell,Intuit,Southwest Airlines,JetBlue,U.S.,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-05-27T09:15:00+05:30"}},{"node":{"id":"Tci38g85q5gR","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-3","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-thursday-553357/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-26T21:36:24+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDow Jones Industrial Average rose 472.05 points or 1.47% to 32,592.33\u003c/li\u003e\n \u003cli\u003eThe retail sector led the broader market gains\u003c/li\u003e\n \u003cli\u003eUS crude oil prices jumped 2.6% and are up around 50% for the year\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653581183840,\\\"strCount\\\":4244,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stocks saw solid games on Thursday as strong\\\\nset off quarterly results from Macy’s and other retailers boosted investor\\\\nsentiments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 1.3% as of 10:36 a.m. Eastern Time\\\\nZone and is strongly in the green for the week after a few days of volatile\\\\ntrading. The Dow Jones Industrial Average rose 472.05 points or 1.47% to\\\\n32,592.33. The Nasdaq rose 190.55 points or 1.67% to 11,625.29. Smaller\\\\ncompanies also made solid gains, a sign of bullishness in the economy. The\\\\nRussell 2000 index rose 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/alibaba-hit-by-covid-reports-60-decline-in-full-year-profits-159222/\\\\\\\"\u003eAlibaba hit by Covid reports 60% decline in full-year profits\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields stood stronger. The yield on the 10-year\\\\nTreasury remained at 2.74% from late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The retail sector led the broader market gains. Macy’s\\\\nrallied 12.6% after it raised its profit outlook for the year after reporting a\\\\nstrong first-quarter financial report. Dollar General surged 12.1% and rival\\\\nDollar Tree jumped 18.7% after the discount retailer reported solid earnings\\\\nand gave investors encouraging forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/rishi-sunak-throws-the-dice-inside-uks-15-bn-cost-of-living-package-658755/\\\\\\\"\u003eRishi Sunak throws the dice: Inside UK's £15 bn Cost of Living Package\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers are being closely reviewed by investors looking\\\\nfor more details on just how much pain \u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003einflation\u003c/a\u003e is inflicting on companies and\\\\nconsumers. Disappointing reports from the several big names last week,\\\\nincluding Target and Walmart and other several big names spooked an already\\\\nvolatile market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The recent reports from retailers have helped lift and\\\\nkeep the major indexes in the green for the week and could break a slump. The\\\\nbenchmark S\u0026amp;P 500 is coming off of seven weekly losses in a row.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Alo Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-worlds-dependence-on-russia-oil-may-trigger-a-global-recession-415833/\\\\\\\"\u003eWhy world’s dependence on Russia oil may trigger a global recession\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks also did much of the heavy lifting.\\\\nTurboTax maker Intuit surged 6%. Tech companies, with their pricey stock\\\\nvalues, tend to push the market harder up or down.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Broad gains on Thursday followed a late push for markets\\\\non Wednesday, which was prompted by information from the Federal Reserve,\\\\nconfirming expectations of more interest rate hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/russia-to-make-foreign-debt-payments-in-rubles-after-us-ends-exemption-532960/\\\\\\\"\u003eRussia to make foreign debt payments in Rubles after US ends exemption\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors have been concerned over the impact of interest\\\\nrate hikes in the United States and other Western economies that are meant to\\\\ncurb surging inflation. The main concern is whether the Fed can temper\\\\ninflation with aggressive interest rate hikes without crimping economic growth\\\\nto the point that the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e falls into recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/bucket-worth-rs-25999-on-amazon-leaves-social-media-users-shocked-539338/\\\\\\\"\u003eBucket worth Rs 25,999 on Amazon, leaves social media users shocked\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation is at its highest in four decades and\\\\nbusinesses have been rising costs on everything from food to clothing to offset\\\\nhigher costs. The impact of Russia’s invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e worsened inflation\\\\npressures by fueling higher energy and key food commodity prices. Supply Chain\\\\nissues worsened in the wake of China’s lockdown of several major cities as it\\\\ntried to contain COVID-19 cases.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/days-after-texas-shooting-greg-abbott-ted-cruz-and-donald-trump-to-attend-national-rifle-association-meet-463938/\\\\\\\"\u003eDays after Texas shooting, Abbott, Cruz and Trump to attend NRA meet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"US crude oil prices jumped 2.6% and are up around 50% for\\\\nthe year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Consumers have remained resilient in terms of spending,\\\\nbut inflationary pressure remains persistent and could cause consumers to shift\\\\nspending from discretionary items to necessities.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"SP","slug":"sp","id":"PzFmLmU5kIJ2","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-26T21:36:23+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks saw solid games on Thursday as strong set off quarterly results from Macy’s and other retailers boosted investor sentiments. The S\u0026P 500 rose 1.3% as of 10:36 a.m. Eastern Time Zone and is strongly in the green for the week after a few days of volatile trading. The Dow Jones Industrial Average rose 472.05 points or 1.47% to 32,592.33. The Nasdaq rose 190.55 points or 1.67% to 11,625.29. Smaller companies also made solid gains, a sign of bullishness in the economy. The Russell 2000 index rose 1.7%. Also Read | Alibaba hit by Covid reports 60% decline in full-year profits,Bond yields stood stronger. The yield on the 10-year Treasury remained at 2.74% from late Wednesday. The retail sector led the broader market gains. Macy’s rallied 12.6% after it raised its profit outlook for the year after reporting a strong first-quarter financial report. Dollar General surged 12.1% and rival Dollar Tree jumped 18.7% after the discount retailer reported solid earnings and gave investors encouraging forecasts. Also Read | Rishi Sunak throws the dice: Inside UK's £15 bn Cost of Living Package,Retailers are being closely reviewed by investors looking for more details on just how much pain inflation is inflicting on companies and consumers. Disappointing reports from the several big names last week, including Target and Walmart and other several big names spooked an already volatile market. The recent reports from retailers have helped lift and keep the major indexes in the green for the week and could break a slump. The benchmark S\u0026P 500 is coming off of seven weekly losses in a row. Alo Read | Why world’s dependence on Russia oil may trigger a global recession,Technology stocks also did much of the heavy lifting. TurboTax maker Intuit surged 6%. Tech companies, with their pricey stock values, tend to push the market harder up or down. Broad gains on Thursday followed a late push for markets on Wednesday, which was prompted by information from the Federal Reserve, confirming expectations of more interest rate hikes. Also Read | Russia to make foreign debt payments in Rubles after US ends exemption,Investors have been concerned over the impact of interest rate hikes in the United States and other Western economies that are meant to curb surging inflation. The main concern is whether the Fed can temper inflation with aggressive interest rate hikes without crimping economic growth to the point that the US falls into recession. Also Read | Bucket worth Rs 25,999 on Amazon, leaves social media users shocked,Inflation is at its highest in four decades and businesses have been rising costs on everything from food to clothing to offset higher costs. The impact of Russia’s invasion of Ukraine worsened inflation pressures by fueling higher energy and key food commodity prices. Supply Chain issues worsened in the wake of China’s lockdown of several major cities as it tried to contain COVID-19 cases. Also Read | Days after Texas shooting, Abbott, Cruz and Trump to attend NRA meet,US crude oil prices jumped 2.6% and are up around 50% for the year. Consumers have remained resilient in terms of spending, but inflationary pressure remains persistent and could cause consumers to shift spending from discretionary items to necessities.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Macy,US,Russell,Treasury,Target,Intuit,the Federal Reserve,the United States,Fed,Russia,Ukraine,China,Early trade, US early trade, stock market, US stock market, business, United states, US crude oil prices, Inflation, US federal reserve, Dow jones, DJIA,","originalPublishedOn":"2022-05-26T21:36:23+05:30"}}]},"widgets":[]},"topicList":[{"id":"cqfihWqpWO59","slug":"bjp","name":"BJP","isSection":0},{"id":"IIhc25IH8ZUl","slug":"uttarpradesh","name":"UttarPradesh","isSection":0},{"id":"hmzqkpDB7jEj","slug":"indianews","name":"IndiaNews","isSection":0},{"id":"nsYf9fbMRNaC","slug":"uttarpradeshassembly","name":"UttarPradeshAssembly","isSection":0},{"id":"Bq4MmUPrXF8p","slug":"india","name":"India","isSection":1},{"id":"gYciKjJCgNqy","slug":"assemblyelections","name":"AssemblyElections","isSection":0},{"id":"dUKG5vKW405S","slug":"samajwadiparty","name":"SamajwadiParty","isSection":0},{"id":"eE70Uj2T0HSX","slug":"upelection2022","name":"UPElection2022","isSection":0},{"id":"W7LhFJ8xAKcS","slug":"bsp","name":"BSP","isSection":0},{"id":"j8af7lvNZIiX","slug":"uttarpardeshelection2022","name":"UttarPardeshElection2022","isSection":0},{"id":"KGrnteP5qPtc","slug":"congress","name":"Congress","isSection":0},{"id":"ODQ1kqHlUPEu","slug":"politics","name":"Politics","isSection":0},{"id":"KbK85rstB0wS","slug":"upassemblyelection","name":"UPAssemblyElection","isSection":0},{"id":"85mzy7p51V49","slug":"akhileshyadav","name":"AkhileshYadav","isSection":0},{"id":"O1RShFFflwBt","slug":"inc","name":"INC","isSection":0},{"id":"w6CWVL07Nrqh","slug":"assembly","name":"Assembly","isSection":0},{"id":"1mRxqLHD8glt","slug":"yogiadityanath","name":"YogiAdityanath","isSection":0},{"id":"9YkAEucTn6NK","slug":"loksabha","name":"LokSabha","isSection":0},{"id":"tS56lcuz9H09","slug":"election","name":"Election","isSection":0},{"id":"dscONmAaFV3x","slug":"rld","name":"RLD","isSection":0},{"id":"3Cfx7PQDJJJQ","slug":"elections","name":"Elections","isSection":0},{"id":"w5Dt6bNYH3O9","slug":"uttar","name":"uttar","isSection":0},{"id":"bBDwtUE9XDXJ","slug":"upelectionresults2022","name":"UPElectionResults2022","isSection":0},{"id":"TX0XR8BClWRB","slug":"bihar","name":"Bihar","isSection":0},{"id":"8I1wjn0Fo5Ao","slug":"aimim","name":"AIMIM","isSection":0},{"id":"eUPXBQ1GUqrv","slug":"ahmedabad","name":"Ahmedabad","isSection":0},{"id":"eTDSUMkVGl0j","slug":"trinamoolcongress","name":"TrinamoolCongress","isSection":0},{"id":"q96bLUhzDwT2","slug":"mathura","name":"Mathura","isSection":0},{"id":"VvzuZlVeccuy","slug":"rahulgandhi","name":"RahulGandhi","isSection":0},{"id":"DAo31YRaNfNi","slug":"goa","name":"Goa","isSection":0},{"id":"w7GnWJm8V0WD","slug":"meerut","name":"Meerut","isSection":0},{"id":"CbiAXyCgtqTK","slug":"punjab","name":"Punjab","isSection":0},{"id":"QzdhnKXHT05r","slug":"asia","name":"Asia","isSection":0},{"id":"UdTJr46qSW5S","slug":"bahujansamajparty","name":"BahujanSamajParty","isSection":0},{"id":"uZMq92qT6Gb2","slug":"uttarakhand","name":"Uttarakhand","isSection":0},{"id":"qrIdzGPQFTk2","slug":"sugarcane","name":"sugarcane","isSection":0},{"id":"oi2LDnls7o2R","slug":"temple","name":"Temple","isSection":0},{"id":"jVArPfo2eN7z","slug":"noida","name":"Noida","isSection":0},{"id":"zjcNH2YPbXeP","slug":"kanpur","name":"Kanpur","isSection":0},{"id":"60eRdhEnj3MZ","slug":"azamgarh","name":"Azamgarh","isSection":0},{"id":"xuzjF8XEzA1n","slug":"lakhimpurkheri","name":"LakhimpurKheri","isSection":0},{"id":"yxrd3SyrIoI7","slug":"sunilchaudhary","name":"SunilChaudhary","isSection":0},{"id":"hm5BaFFLNDX8","slug":"covid19","name":"covid19","isSection":0},{"id":"LMZVnrWNhUFI","slug":"priyankagandhivadra","name":"PriyankaGandhiVadra","isSection":0},{"id":"YtMzsUmJFfb4","slug":"omprakashrajbhar","name":"OmPrakashRajbhar","isSection":0},{"id":"yG1sNdfk6RZ5","slug":"westbengal","name":"WestBengal","isSection":0},{"id":"pdkrLZQ2XNAc","slug":"devendraagrawal","name":"DevendraAgrawal","isSection":0},{"id":"siilZOas9v8L","slug":"up","name":"Up","isSection":0},{"id":"xSWm1GQt02Ib","slug":"yogi","name":"yogi","isSection":0},{"id":"zmrjGjgR7INn","slug":"upelection","name":"UPElection","isSection":0}],"slug":"sp","lang":"en","sectionArray":[1,2],"messages":{"Disclaimer":{"DISCLAIMER":"Disclaimer","OPINION_DISCLAIMER":"The views expressed in this article are the personal opinions of the author. 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