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

3Why Nifty IT index shot up 2300 points in two days — explained with 4 reasons

3Why Nifty IT index shot up 2300 points in two days — explained with 4 reasons

Stock market today: Extending its bull trend for yet another session on US Fed rate cut buzz, Nifty IT index touched new life-time high for second day in a row on Friday. On Thursday, Nifty IT index had hit a new high of around 33,260 odd levels while Nifty IT index today climbed to a … Read more

Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

The Indian rupee surged against the US dollar while the 10-year government bond yields dropped on Thursday after a dovish US Federal Reserve outcome raised hopes of more interest rate cuts next year. The rupee opened 13 paise higher at 83.27 a dollar as compared to previous close of 83.40. The 7.18%, 2033 10-year G-Sec … Read more

Apple share price ends at record closing high after US Federal Reserve signals interest rate cuts

Apple share price ends at record closing high after US Federal Reserve signals interest rate cuts

Apple share price ended at a record closing high on Wednesday led by a broader rally in the US stock market after the US Federal Reserve kept interest rates unchanged and signaled lower borrowing costs next year. Apple shares jumped 1.7% to end the day at $197.96 apiece, beating the iPhone maker’s previous record high … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade after US Federal Reserve signals rate cut

Nifty 50, Sensex today: What to expect from Indian stock market in trade after US Federal Reserve signals rate cut

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