US stocks declined on Tuesday ahead of a slew of economic data and Federal Reserve chair Jerome Powell’s congressional testimony. At 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down 182 points, or 0.5 per cent, the S&P 500 was 0.5 per cent lower, and the Nasdaq composite was 0.9 per cent lower. … Read more
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Monday. Here is all you need to know before the market opens. GIFT Nifty traded up by 41 points or 0.18% at 22,290 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex … Read more
US stocks sank on Tuesday after the worse-than-expected inflation data dampened hopes of interest rates cut in May. At 9:42 a.m. ET, the Dow Jones Industrial Average was down 427.32 points, or 1.10 per cent, at 38,370.06, the S&P 500 was down 66.94 points, or 1.33 per cent, at 4,954.90, and the Nasdaq Composite was … Read more
US stock indices were muted on Monday as investors awaited key economic data including inflation due this week. At 9:51 a.m. ET, the Dow Jones Industrial Average was up 21.04 points, or 0.05 per cent, at 38,692.73, the S&P 500 was up 1.20 points, or 0.02 per cent, at 5,027.81, and the Nasdaq Composite was … Read more
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Monday. Here is all you need to know before the market opens. GIFT Nifty traded down by 31.50 points or 0.14% at 21,935 indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex … Read more
US stock indices were muted on Monday ahead of the Federal Reserve’s monetary policy meeting scheduled for January 30-31 and earnings from Big Tech companies. At 11:27 a.m. ET, the Dow Jones Industrial Average was down 16.46 points, or 0.04 per cent, at 38,092.97, the S&P 500 was up 1.04 points, or 0.02 per cent, … Read more
US equity indices slipped on Tuesday after mixed earnings reports from Goldman Sachs and Morgan Stanley. At 9:48 a.m. ET, the Dow Jones Industrial Average was down 226.52 points, or 0.60 per cent, at 37,366.46, the S&P 500 was down 26.82 points, or 0.56 per cent, at 4,757.01, and the Nasdaq Composite was down 89.39 … Read more
US stocks gained in light trading on the penultimate trading day of 2023. Investors widely expect that the US Federal Reserve is done raising interest rates and will most likely shift to rate cuts in 2024. As of 10:37 am Eastern time, the S&P 500 rose 0.2 per cent. The Dow Jones Industrial Average added … Read more
US stocks surged on Thursday after the Federal Reserve signalled an end to its aggressive rate hike policy and indicated possible rate cuts next year. At 9:42 a.m. ET, the Dow Jones Industrial Average was up 35.43 points, or 0.10%, at 37,125.67. The S&P 500 was up 21.56 points, or 0.46%, at 4,728.65. The Nasdaq … Read more
