World markets today: US stocks rally, megacaps lift Nasdaq higher

World markets today: US stocks rally, megacaps lift Nasdaq higher

US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average … Read more

World markets today: US stocks surge after inflation data, Nasdaq up 1%

World markets today: US stocks surge after inflation data, Nasdaq up 1%

US stock indices surged on Tuesday after the release of inflation data. At 10:30 a.m. Eastern time, the Dow Jones Industrial Average was up 215 points, or 0.6 per cent, the S&P 500 was 0.8 per cent higher, and the Nasdaq composite was 1 per cent higher. US inflation rose for a second straight month … Read more

US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

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

World markets today: US stocks decline ahead of Fed chair’s testimony, Apple tanks over 2%

World markets today: US stocks decline ahead of Fed chair’s testimony, Apple tanks over 2%

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

Share Market Highlights 21 February 2024: Sensex, Nifty close lower; Zee Entertainment’s accounting irregularities plunge media stocks

Share Market Highlights 21 February 2024: Sensex, Nifty close lower; Zee Entertainment’s accounting irregularities plunge media stocks

Recent Interviews As of 17:54 PM Tuesday 20 February 2024 Balaji Amines: D Ram Reddy, MD Balaji Amines Subdued Q3 Brigade Ent: Pavitra Shankar, MD We Will Continue To Invest In Land & New Projects: Brigade Enterprises Deepak Nitrite: Maulik Mehtav, CEO Key Levers For Growth; Uptick In Margins Likely? Five Star Business F: Srikanth … Read more

International Stock Market: All eyes on Nvidia quarterly results – Investing Abroad News

International Stock Market: All eyes on Nvidia quarterly results – Investing Abroad News

US stock futures remained stable on Tuesday as the market recovers from a holiday weekend and investors await major retail company earnings reports. Meanwhile, China announced its biggest-ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and the broader economy. The 25-basis point cut to … Read more

World markets today: US stocks sink after inflation data dampens rate cut hopes; Dow, S&P 500, Nasdaq dip over 1%

World markets today: US stocks sink after inflation data dampens rate cut hopes; Dow, S&P 500, Nasdaq dip over 1%

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

World markets today: US stocks muted as investors await economic data, Nvidia surpasses Amazon’s market cap

World markets today: US stocks muted as investors await economic data, Nvidia surpasses Amazon’s market cap

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

S&P 500 Breaks 5,000 For First Time In History

S&P 500 Breaks 5,000 For First Time In History

Updated Feb 8, 2024, 04:15pm EST Topline The S&P 500 topped 5,000 for the first time ever Thursday, a weighty breakthrough as the stock market navigated a challenging economic environment and a devastating 2022 to new heights. Say what? Introducing the S&P 5,000. Getty Images Key Facts The S&P gained a modest 0.1% to as … Read more