The US stock market indices ended higher on Thursday, with the S&P 500 closing at a record high and the Nasdaq composite rallying 1.5%, led by gains in technology and growth stocks on rising optimism about prospects for Federal Reserve rate cuts this year. The Dow Jones Industrial Average gained 130.30 points, or 0.34%, to … Read more
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
Rupee Depreciates 2 Paise To 82.92 Against US Dollar The Indian rupee slipped 2 paise to touch 82.92 against the US dollar in early trade on Tuesday. Forex traders noted that reduced crude oil prices helped provide support to the Indian currency, however, the unit remained weighed down by the dampened sentiment in the equity … Read more
Stock Market: Sensex Rallies Over 150 Points In Early Trade, Nifty Over 22,400 The stock markets moved ahead in the positive trajectory in early morning trade. As of 9:20 AM, the BSE Sensex inched closer to the 74K mark and stood at 73,960.07, up by over 150 points, while the NSE Nifty50 rallied beyond 22,400 … 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
A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. Brendan McDermid | Reuters The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the Federal Reserve’s … Read more
Indian stock market: The domestic equity market is expected to open flat on Wednesday tracking mixed cues from global peers as sentiment remained cautious. Asian markets traded lower, while US stock market indices ended mixed as investors reacted to corporate earnings by prominent companies. Catch Live Market Updates here Investors now watch out for the … 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