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
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
Indian stock market: The domestic equity market is expected to open on a cautious note on Wednesday following mixed global market cues. Asian markets traded mostly lower while the US stock indices closed in the red overnight as investors remained cautious ahead of the US inflation data and decreasing expectations of early interest rate cuts … 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
The Asian markets traded lower, while the US stock market ended mixed after US Federal Reserve officials pushed back against bets of aggressive interest rate cuts next year. Catch Live Market Updates here On Friday, the domestic equity indices continued their bull run to end sharply higher, touching new all-time highs amid optimism over the … Read more
India stock market: The Indian stock market indices, Sensex and Nifty 50, are expected to continue the rally towards record high following positive global cues amid optimism over dovish monetary policy by the US Federal Reserve. Global market cues remain supportive with the Asian markets trading higher and US stock indices ending on a strong … 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
Indian stock market today: The Indian equity market indices, Sensex and Nifty 50, are likely to open with strong gains on Thursday led by positive global market cues amid dovish US Federal Reserve policy. The US Federal Reserve on Wednesday left the key interest rates unchanged for the third time in a row citing easing … Read more