The Dow Jones index closed up by 297 points or 0.9% and the S&P 500 index gained 0.8% -both closing at record highs. And the Nasdaq rose by 71 points or 0.5%.

The Dow Jones index closed up by 16 points or 0.1%. The S&P 500 index gained 0.2% to a record closing high. But the Nasdaq index fell by just 9.5 points or 0.1%.

Traders re-assessed the strength of recent gains. Economic data supported equity prices.

US sharemarkets posted solid gains on Monday, hitting record levels in the case of the S&P 500 & Dow Jones, in response to better figures on jobs growth and activity in the services sector.

Investors awaited details of US President Joe Biden’s reported US$2 trillion-$4 trillion infrastructure package with a proposal to lift the corporate tax rate to 28% to fund the plan.

The ASX 200 is well advanced at lunch on Wednesday. The index is lifting 89 points or 1.33% to 6,827 at midday.

Mega cap technology shares came under pressure from rising bond yields. Shares of Apple (-1.2%) and Microsoft (-1.4%) both fell.

The Dow Jones index rose by 98 points or 0.3% to a record closing high after being down 160 points. But the S&P 500 index fell 0.1% and the Nasdaq index lost 79 points or 0.6%.

The Dow Jones index rose by 453 points or 1.4%. The S&P 500 index lifted 1.7%, hitting a record closing high. And the Nasdaq index gained 161 points or 1.2%. For the week, the S&P 500 rose 1.6% and the Dow lifted 1.4%, but the Nasdaq slipped 0.6%.

The Dow Jones index rose by 199 points or 0.6% after being down 348 points. The S&P 500 index lifted 0.5% and the Nasdaq index gained 16 points or 0.1%.

Investors responded to the positive testimony by the US Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen to the Senate Banking Committee. But while financials, industrials and energy rose, technology shares eased.

US sharemarkets were dragged lower by falls in financials and energy sectors. Oil fell 6% on worries about extended lockdowns in Europe. The Dow Jones index fell by 308 points or 0.9%. The S&P 500 index lost 0.8%.

The Dow Jones index closed higher by 103 points or 0.3%. The S&P 500 index gained 0.7%. And the Nasdaq index climbed by 162 points or 1.2%.

US-China political tensions increased at a summit in Alaska. The Nasdaq index lifted as investors bought the dip in technology shares with Facebook (+4.1%), Amazon (+1.6%) and Netflix (+1.5%) all lifting.

At the close of trade, the Dow Jones index fell by 153 points or 0.5% after hitting intraday record highs earlier in the session. The S&P 500 index lost 1.5% and the Nasdaq index dropped by 409 points or 3.0%.

US stocks erased earlier losses after the US central bank signalled that it will hold off on rate hikes through to 2023. Shares of Dow (+4.5%), Boeing (+3.3%) and Caterpillar (+3.2%) led gains.

Investors eyed the upcoming policy decision from the US Federal Reserve. The S&P 500 index fell after setting an intraday record high earlier in the session. The Dow Jones index was dragged down by shares of Boeing (-3.9%) & American Express (-2.5%).

At the close, the Dow Jones index was higher for the seventh straight session, up by 175 points or 0.5% to record highs. The S&P 500 index lifted by 0.7% to record highs. And the Nasdaq index gained 140 points or 1.1%.

At the close, the Dow Jones index was up by 293 points or 0.9% to record highs. The S&P 500 index lifted by 0.1% to record highs. But the Nasdaq index was down by 79 points or 0.6%.

The Aussie market is experiencing a split in performance between the tech stocks and the rest of the market as investors continue to digest the moves higher for bond yields and the impact on high growth stocks.

The Dow Jones index climbed, led by value and cyclical stocks poised to benefit the most from an economic rebound, after US Treasury Secretary Janet Yellen said the US$1.9 trillion Covid-19 relief package would fuel a “very strong” US recovery.

The Aussie market is roaring higher to start the new week with the ASX 200 surging 115 points or 1.7% to 6,825.

US sharemarkets rebounded from lows in a volatile session on Friday. US bond yields eased from highs. And the better-than expected lift in jobs buoyed investor sentiment.

The US Fed chief failed to allay investor worries about rising bond yields. Technology shares led losses. But the energy sector lifted in response to higher oil prices.

US sharemarkets were choppy on Wednesday. Technology stocks fell most in response to a rise in bond yields; US 2-year yields rose 2 points to near 0.14%.

The Australian sharemarket rose by 0.8%, pushing higher following strong GDP data and easily recouping Tuesday’s declines.

Shares of Target slumped 6.8% on an underwhelming profit outlook. Tech giants Apple (-2.1%), Facebook (-2.2%), Microsoft (-1.3%) and Tesla (-4.5%) dragged down the Nasdaq index.

Bond yields stabilised. The US House of Representatives passed a US$1.9 trillion coronavirus relief package on Saturday. Johnson & Johnson (+0.5%) said its authorised Covid-19 vaccine will be available in 1-2 days.

The Dow Jones index closed lower by 560 points or 1.8% after shedding 668 points at session lows. The S&P 500 index fell by 2.5% and the Nasdaq index was down by 478 points or 3.5%.

The Australian sharemarket is clawing back some of yesterday’s losses, helped by a rally in the Energy sector and gains in the Financial, Materials and Healthcare sectors. The ASX 200 (XJO) is up 62 points or 0.9% to 6,840.

US Fed Chair Jerome Powell reaffirmed his view that the US economy needs further support while calming concerns about inflation. S&P 500 financial sector stocks rose 2.0% to a record high.

The Aussie market is erasing a healthy chunk of Tuesday’s improvements, with the ASX 200 down more than 0.5 per cent at lunch.

US were mixed overnight. The S&P 500 index erased a 1.8% drop after US Fed Chair Powell relieved some of the concerns about higher interest rates and inflation. The Dow Jones index closed up by 16 points or 0.1% after shedding 360 points at the low.

US sharemarkets were mixed on Monday. Climbing bond yields and prospects for rising inflation triggered valuation concerns, weighing on growth technology stocks. The Dow Jones index rose by 27 points or 0.1%. But the S&P 500 index fell by 0.8%.

The Dow Jones index rose by just 1 point or less than 0.1%. The S&P 500 index fell by 0.2% but the Nasdaq index rose by 9 points or 0.1%. Over the week the Dow rose 0.1%; S&P 500 fell 0.7%; Nasdaq lost 1.6%.

After being down 328 points in morning trade the Dow Jones index ended down by almost 120 points or 0.4%. The S&P 500 index fell 0.4% and the Nasdaq index lost 100 points or 0.7%.

At the close of trade, the Dow Jones index lifted 90 points or 0.3% to a fresh record closing high after being down 180 points during the session. The S&P 500 index fell less than 0.1% and the Nasdaq index lost 82 points or 0.6%.

The Australian sharemarket is slipping for the first time this week after hitting an 11-month high on Tuesday. Gains from Westpac and BHP are helping offset some of the declines.

The Dow Jones index rose by 64 points or 0.2% to a record closing high. But the S&P 500 index fell by 0.1% and the Nasdaq index lost 48 points or 0.3%.

The local sharemarket is trading higher to add to Monday’s gains. The ASX 200 is adding close to 0.5% around midday with plenty of companies reporting profit results.