The Indian stock market indices, Sensex and Nifty 50, are likely to open on a tepid note Monday tracking mixed cues from global peers. Asian markets traded lower while the US stock indices ended mixed on Friday on dampened investors risk sentiment. Global investors will focus on monthly US retail sales data, industrial production data … Read more
Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. The S&P 500 lost 22.24 points, or 0.52%, to 4,265.81 in late trading. The Dow Jones was down 198.93 points, or … Read more
Global market update: US stock market edged higher on Friday on resilience in the national economy even though investors await the key US inflation data expected next week. Dow Jones index added 0.22 per cent whereas tech heavy weight Nasdaq added 0.09 per cent. S&P 500 index gained 0.14 per cent. However, Small-cap 2000 index … Read more