Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Uber made its Wall Street debut Friday, starting with an eye-popping $82 billion valuation in a milestone for the ride-hailing industry amid lingering doubts about its business model. Chief executive Dara Khosrowshahi and an Uber team rang the opening bell on the New York Stock Exchange
NEW YORK: Wall Street treaded water on Wednesday after moves in the US bond market brought back fears of a recession as a bruising U.S.-China trade war drags on, while a rise in energy shares offered support.
Global stock markets and Wall Street futures declined on Tuesday after a selloff in the US Treasury debt eased, helping to allay concern about a possible rise in interest rates.
The pan-European STOXX 600 fell 0.7% by 08:10 GMT, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%, on Wall Street, the Dow slumped 1.16%.
Global stock markets and US futures rose on Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic stimulus.
US stocks rebounded on Monday, kicking off a potentially turbulent stretch for markets, as Wall Street recovers some of its sharp sell-offs from last week.
Tokyo and Sydney rose, on the other hand, Shanghai, Hong Kong and Seoul slumped, on Wall Street, the benchmark S&P 500 index jumped 1.9% higher while European stocks grapple for momentum.
Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney rose while Seoul fell less than 0.1%. The benchmark S&P 500 index on Wall Street closed 1.2% higher and in Europe, the pan-European STOXX 600 was flat at 4%.