Infosys ADRs tumble 5%, Wipro falls over 3% as Wall Street is rattled by inflation data and AI fears

Infosys’ American Depositary Receipts (ADRs) fell 5% on the NYSE to hit a low of $13.99 on Friday as AI-induced fears over the likely impact on Wall Street firms weighed. To make matters worse, wholesale inflation rose sharply to 2.9% in January, far higher than estimates of 1.6%, pushing markets the wrong way, according to […]

Silver rises Rs 8,500, inches near Rs 2.50 lakh. Here are the key levels for Monday’s trading

Gold and silver futures rallied on bargain hunting after weaker-than-expected US inflation data revived hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger-than-expected employment data earlier this week.On Friday, MCX silver futures for March 5, 2026 rose 3.62%, up from Rs 8,564 to Rs 2,44,999 per kg. Gold futures for April also […]

Bitcoin hits eight-week high near $97,000 as inflation fears ease; The US Supreme Court sidesteps the tariff ruling

Bitcoin climbed to an eight-week high of nearly $97,000 as inflation concerns eased and after the United States Supreme Court declined to rule on international trade tariffs. The cryptocurrency was trading at $96,031 on Thursday.Over the past 24 hours, Bitcoin is up 0.68%, while Ethereum is down 1.42%. Over the same period, the major altcoins […]

S&P 500 and Nasdaq steady after mixed results from JPMorgan and Delta Air

The S&P 500 and Nasdaq held steady Tuesday after a largely in-line inflation report kept expectations of rate cuts this year, while investors weighed mixed quarterly results from JPMorgan and Delta Air Lines.Excluding volatile food and energy components, U.S. consumer prices rose 0.2% in December from the previous month, softer than economists’ forecast of a […]

US Market Today: Microsoft, Meta Profit Lift Nasdaq to register level; Inflation Uptick Dims Fed Rate Cut Hopes – Times of India

Wall Street stood up on Thursday, led by a strong rally in Microsoft and Meta platforms, because optimism about artificial intelligence and solid income pushed large indices in the direction of new record heights. The concern about inflation data and the shifting rate policy of President Donald Trump, however, kept the investor sentiment carefully for […]