Asian shares tumbled after turmoil on Wall Street, where a brief rally led by Nvidia Corp. quickly faded and investors retreated from riskier assets such as cryptocurrencies.Stocks in Japan, South Korea and Australia opened lower after Wall Street benchmarks erased earlier gains and plunged, led by technology stocks. The sharp turnaround came as lingering concerns […]
Stock markets fell on Tuesday as investors booked profits following the recent recovery, reflecting weak global sentiment. Expectations about an interest rate cut by the US Fed in December have diminished, which is weighing on sentiment. Looking ahead, analysts said progress on the Indo-US trade deal and a strengthening domestic earnings outlook could revive confidence […]
Nifty ended higher on Monday to close above 26,000 points amid optimism among investors as second quarter corporate earnings closed on a healthy note. Analysts expect the market to witness a sustained rise, driven by improving earnings momentum, strong domestic macros and stable policy support.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a muted […]
Asian shares started the week on a cautious note as investors braced for a barrage of US economic data amid continued uncertainty over the Federal Reserve’s policy path.Japan fell along with Australia, while South Korean shares rose. US stock index futures rose slightly. The yen held steady after Japan’s economy shrank for the first time […]
Asian markets were in the red on Friday as investors reacted to a sharp decline on Wall Street.Hong Kong’s HSI fell 301 points or 1.11% to 26,771. Nikkei also fell 847 points or 1.65% to reach 50,434 points at 8:45 AM IST. Shanghai and Shenzhen were also in the red, with a decline of 0.13% […]
Treasuries rose across the curve as cash trading resumed after private sector data showed the U.S. job market cooling, raising expectations of a Federal Reserve rate cut.The 10-year yield fell four basis points to 4.08% after employment data from ADP Research showed U.S. companies shed an average of 11,250 jobs per week in the four […]
Asian shares rose for a second straight day as progress toward ending the record-long US government shutdown improved sentiment, leading to a rally in all assets from commodities to cryptocurrencies.Stocks in Japan, South Korea and Australia all rose at the open. The S&P 500 rose 1.5% on Monday and the Nasdaq 100 rose 2.2%. The […]
The sudden slump in Asian technology stocks over the past week has spooked investors and is a stark reminder that the global rally in artificial intelligence and semiconductor stocks may be approaching a short-term high.The region’s sharpest decline since April – driven by a tech-driven sell-off on Wall Street – has refocused attention on the […]
The record rally in global stocks provided a breather in early Asian trading on Tuesday, as markets braced for a wave of mega-cap tech gains and policy announcements from major central banks this week. Share prices in Japan and South Korea retreated from Monday’s record highs, while shares in Australia also fell at the open. […]
Asian shares opened higher on Friday after a planned meeting between Donald Trump and Xi Jinping eased nerves over trade tensions. Oil prices fell slightly ahead of US inflation figures. An MSCI gauge of Asian shares rose about 0.3% at the open, after rising on Wall Street on Thursday. Shares of Intel Corp helped lift […]