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Market Report - Us
31 May
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US open: Commodity stocks, banks drive losses

Falling prices for metals and a sharp drop in crude oil futures weighed on the main Wall Street averages as investors waited on the release of the US central bank's Beige Book later in the session.

30 May
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US open: Stocks edge lower ahead of key data

Investors played it safe at the start of the week - and ahead of Friday's all-important monthly jobs report - with weaker oil prices offsetting better-than-expected readings on home prices and personal consumption and spending.

26 May
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US open: Stocks flat as investors mull economic data

Wall Street's main market gauges are slightly lower heading into the Memorial Day weekend following the release of mixed economic data.

25 May
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US open: Wall Street setting new records ahead of Memorial Day weekend

Investors are pushing the main Wall Street averages to fresh record highs ahead of the long Memorial Day weekend, with the much maligned retailers leading the charge.

24 May
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US open: Basic Resources pace gains as Moody's raises outlook on China's debt

Wall Street's main market averages were seeing slight gains despite weak economic data with shares of Basic Resource names pacing the advance despite an overnight downgrade of China's debt by a leading ratings agency.

23 May
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US open: Stocks mixed as economic data comes in below forecasts

Wall Street is trading on a mixed note on Tuesday following weaker than expected readings on the US economy and as investors wait on speeches from central bank officials later in the day.

22 May
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US open: Commodity stocks pace gains as dollar slide continues

Commodity-related issues buoyed the main Wall Street averages as the US dollar continued to trade on the backfoot.

19 May
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US open: Stocks bounce back despite mixed results

Shares on Wall Street are finding a decent bid at the end of the week despite a spate of mixed company results.

18 May
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US open: Stocks stabilise amid better than expected data

Stocks rebounded as the negative newsflow out of Washington eased and following the release of somewhat better than expected data on the jobs market and factory activity in the US mid-Atlantic region.

17 May
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US open: Volatility spikes as political storm clouds gather over Capitol Hill

Fresh allegations of improprieties in the Oval Office are finally provoking a response from Wall Street, sending some traders dashing to buy protection from downside risks.

16 May
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US open: Retailers continue to drag amid backdrop of weaker dollar

Retailers' shares are weighing on US stock benchmarks again, while accusations that the president might have shared confidential information with visiting Russian diplomats takes its toll on the dollar.

15 May
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US open: Gains for WTI send S&P 500 back into record territory

Action from Russia and Saudi Arabia to prop up oil prices boosted shares of oil service and marine transport firm and saw the S&P 500 move back into record territory.

12 May
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US open: Retailers drag on Wall Street again

Retailers were again weighing on Wall Street's main stockmarket gauges on Friday, amid a mixed bag of first-tier economic data.

11 May
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US open: Hawkish Fedspeak, company results weigh on Wall Street

Hawkish Fedpseak overnight pushed Wall Street off its lofty perch against a backdrop of sharp share price falls for Macy's and Snapchat which appeared to dent sentiment.

10 May
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US open: Stocks mixed after FBI director fired with crude futures rising

Wall Street was trading on a mixed note as investors digested news that President Trump has fired FBI director James Comey and amid another rebound for crude oil futures.

09 May
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US open: Big cap tech leads gains amid record-low volatility

Stocks on Wall Street are higher in early trading with investors looking forward to more Fedspeak amid a backdrop of renewed gains for big cap tech names and stock volatility at record lows.

08 May
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US open: Stocks slightly lower on Fedspeak

Stocks on Wall Street are drifting lower after having jumped out of the starting gate with investors focusing on remarks from various US central bank officials and amid profit-taking following a win for French centrist-reformist presidential candidate Emmanuel Macron at the weekend.

07 May
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US open: Stocks look to Fedspeak for guidance past June after jobs data

The main Wall Street gauges are mixed despite the release of what some economists labelled a "solid" jobs report for the month of April, with investors steeling themselves for a raft of speeches from multiple Federal Reserve officials scheduled for later in the day.

04 May
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US open: Miners, oil stocks weaker as futures reel

Investors on Wall Street are playing it safe ahead of the monthly US jobs report due out tomorrow, amid sharp falls in crude oil and iron ore futures.

03 May
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US open: Investors brush aside good economic data ahead of Fed

Wall Street is nursing slight losses roughly half an hour after the start of trading despite news that activity in the key services sector accelerated in April as a retreat in shares of Apple dragged on the main indices.