Latest Updates Around The World
US President Donald Trump’s latest attempt to force a deal on Greenland, this time by threatening high tariffs on a cluster of NATO allies, has injected new uncertainty into global markets, potentially pushing investors towards gold and silver, while increasing near-term volatility risks for equities, including in India, even as longer-term trading opportunities quietly come […]
Wall Street’s major indexes rebounded Thursday after a two-day slide, thanks to a chip-led rally fueled by TSMC’s blockbuster results, as investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up the big banks’ reporting season.Chip stocks like Nvidia rose 2%, while Broadcom and Micron rose 1.4% and 1.9%, respectively. Chip manufacturers […]
Wall Street’s major indexes fell for a second straight day as investors analyzed results from Bank of America and Citigroup, while data on retail sales and producer prices failed to shake expectations for interest rate cuts later this year.Shares of Bank of America fell 3.5% even as the lender beat quarterly profit expectations, while Wells […]
Markets witnessed a sharp sell-off last week, with benchmark indices ending firmly in the red as weak global cues and heightened uncertainty weighed on sentiment. Selling pressure intensified towards the end, sending the Sensex down 2.55% to 83,576.24 and the Nifty down 2.45% to 25,683.30 – one of the steepest weekly falls in recent months. […]
Wall Street’s major indexes rose on Friday after a weaker-than-expected jobs report kept bets on US interest rate cuts intact.A Labor Department report shows nonfarm payrolls rose by 50,000 in December, compared with an estimated increase of 60,000 according to economists polled by Reuters. The unemployment rate fell to 4.4%, slightly below the expected 4.5%. […]
Indian stock markets extended their losing streak for the fourth straight session as geopolitical tensions and renewed fears of aggressive US tariff measures shook investor confidence. The Sensex lost nearly 800 points in Thursday’s session, marking a decisive collapse after a week of consolidation, while the Nifty 50 fell sharply below crucial technical levels, raising […]
Wall Street moved higher on Tuesday led by healthcare and technology stocks, extending the previous session’s rally as markets positioned for the week’s key jobs report to gauge the Federal Reserve’s policy outlook.The financial sector-driven rally had pushed the blue-chip Dow to a record high on Monday. The Dow Jones is now about 1.9% away […]
US stocks started the shortened holiday week on a positive note, while technology stocks continued to rise on renewed enthusiasm about artificial intelligence as investors awaited key economic data later this week.A rally in tech stocks that started late last week, driven by Micron Technology’s blowout forecasts and a favorable inflation report, has left the […]
Wall Street stocks rose early Friday as markets factored in new commentary from a senior Federal Reserve official and expected lower trading volumes during the holiday season.New York Federal Reserve President John Williams told CNBC that Thursday’s reading showing lower inflation was likely “distorted” due to data collection difficulties during the government shutdown, dampening enthusiasm […]
Wall Street’s major indexes were slightly higher in volatile trading on Wednesday as investors looked for clues about the outlook for interest rates, while caution lingered after reports of funding hurdles for Oracle’s data center plans.Oracle fell 2.8% after a report showed that Blue Owl Capital, the cloud company’s largest data center partner, said it […]
