Latest Updates Around The World
Stocks on Wall Street were moderately lower early Monday as the war initiated by US-Israeli attacks on Iran spread across the Middle East, sending oil prices higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The broad-based S&P 500 fell 0.5 percent to 6,845.44, while the tech-rich Nasdaq […]
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 […]
U.S. stocks fell Friday as Wall Street resumes hunting and punishing companies that could be made losers by the artificial intelligence revolution. A surprisingly discouraging update on inflation also hurt the market.The Dow Jones Industrial Average fell 855 points, or 1.53%, to 48,743.61; the S&P 500 fell 58.17 points, or 0.84%, to 6,850.69; and the […]
Nvidia is dragging Wall Street down on Thursday after its latest major earnings report wasn’t enough to impress investors.The Dow Jones fell 202.53 points, or 0.41%, to 49,279.62; the S&P 500 fell 78.60 points, or 1.13%, to 6,867.54; and the Nasdaq fell 440.72 points, or 1.90%, to 22,711.36. Nvidia, whose chips are helping power the […]
The S&P 500 and Nasdaq hit their highest levels in two weeks on Wednesday as technology stocks continued to gain favor as investors weighed risks to AI trading and rising tariff uncertainties ahead of Nvidia’s earnings later in the day.February was a turbulent month for US stocks, as investors wondered whether the massive AI spending […]
U.S. stock indexes moved higher on Tuesday, boosted by technology stocks, as investors weighed Anthropic’s announcement of new AI tools and President Donald Trump’s changing stance on trade policy.Artificial intelligence lab Anthropic has announced 10 new ways for enterprise customers to connect its technology to key areas of their work, weeks after its earlier releases […]
Major US stock indexes fell on Friday after data showed US economic growth slowed more than expected in the fourth quarter, while a separate reading showed inflation rose in December.Investors were also watching for a possible U.S. Supreme Court ruling on President Donald Trump’s tariffs, which could be delivered at 10 a.m. ET. If they […]
The US stock market is trading lower on Thursday after mixed earnings reports from Walmart and other major companies. The country is also feeling pressure from oil prices, which have risen due to renewed concerns about a possible conflict between the United States and Iran.The S&P 500 fell 0.4%, possibly heading for its first loss […]
U.S. stock indexes edged higher on Wednesday as technology stocks extended gains following recent weakness, as investors awaited minutes of the central bank’s latest policy meeting for insight into the interest rate trajectory.Wall Street was roiled this month by concerns that rapidly improving AI tools could disrupt business models, leading to selloffs in sectors from […]
Infosys’ American Depositary Receipts (ADRs) fell more than 7% on Thursday, hitting an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian stock markets, with the weakness spilling over to Wall Street.The broader U.S. tech drag added pressure […]
