The Business Times
business-time-50

US: Wall St rises as megacaps rebound, Dow set for tenth day of gains

Published Fri, Jul 21, 2023 · 09:46 PM
    • The S&P 500 opened higher by 15.29 points, or 0.34 per cent, at 4,550.16.
    • The S&P 500 opened higher by 15.29 points, or 0.34 per cent, at 4,550.16. PHOTO: REUTERS

    WALL Street’s main indexes opened higher on Friday (Jul 21), setting the Dow on track for its tenth straight day of gains, while megacap growth and technology stocks recovered after sharp losses in the previous session.

    The Dow Jones Industrial Average rose 49.14 points, or 0.14 per cent, at the open to 35,274.32.

    The S&P 500 opened higher by 15.29 points, or 0.34 per cent, at 4,550.16, while the Nasdaq Composite gained 84.87 points, or 0.60 per cent, to 14,148.18 at the opening bell. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    S&P 500Dow JonesNasdaq

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property. 

    Britain’s mansion tax shows the difficulty of targeting wealth

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    Cisco’s Tay Bee Kheng says that her value-add as the tech giant’s Asean chief lies in identifying what each regional market needs specifically, and presenting that to her global bosses.

    The only common thing in S-E Asia is that we all eat rice: Cisco’s Asean president

    Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026.

    Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More