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 […]
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 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 […]
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 […]
The first full trading week of the new year could wake the U.S. stock market from its hibernation as monthly jobs data heralds a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 posting a monthly loss in December. But the index still rose more […]
The Indian market paused on Thursday, with Sensex and Nifty ending little changed as a four-day rally lost momentum. Gains from declining inflation and optimism over a possible India-US trade deal were offset by caution ahead of the Bihar election results.The S&P BSE Sensex rose 12 points, or 0.01%, to close at 84,478.67, while the […]
The US dollar tried on Monday to get itself out of a four-week low after a Dovish Pivot from the Federal Reserve chairman Jerome Powell dropped the more than 1%. The Greenback added 0.2% early in the Asian day to $ 1,1699 per euro, but not far from the low point of Friday of $ […]
The gold prizes held on Friday, but went on the way to a weekly loss after the hot inflation data rate-cut bets were cut, while the market focus shifted to conversations between US President Donald Trump and his Russian counterpart Vladimir Putin. Spotgoud had not changed much to $ 3,336.66 per ounce at 1:40 pm […]
Geopolitics is high on the agenda, with a potential meeting between the American and Russian presidents, trade deadlines and conversations, and markets that have a brace for the inflation data of the United States and rates decisions in Australia and Norway. 1. Face time Shuttle diplomacy is in full swing with US President Donald Trump […]
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 […]