Wall Street ends higher on growing expectations for the Fed’s December rate cut

Wall Street continued its rally on Wednesday as renewed technological strength and the increasing likelihood of a US Federal Reserve rate cut in December put investors in a buying mood the day before Thanksgiving. All three major U.S. stock indexes posted their fourth consecutive daily gain, as investors ignored concerns about inflated technology valuations that […]

Wall Street indexes rise as interest rate cuts intensify, but suffer losses throughout the week

NEW YORK: US stocks ended sharply higher on Friday as traders increased their bets on a Federal Reserve rate cut next month, while all three major indexes posted losses this week on concerns about high technology valuations. Nvidia shares rose briefly in afternoon trading after sources familiar with the matter said the Trump administration is […]

Pre-market action: Here is the trading setup for today’s session

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 […]

Bubble or breakout? Nvidia’s earnings put a spotlight on the rise of AI

The fate of Wall Street’s dizzying bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors looking for signs that bubble concerns are overblown.Three years after ChatGPT’s debut, investors are increasingly uneasy as the AI ​​boom has surpassed fundamentals. Some business leaders have noted that circular deals […]

GIFT Handy down 20 points; here is the trading setup for today’s session

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 […]

S&P 500 and Nasdaq end higher on Amazon-OpenAI deal; The Fed’s path forward is becoming murky

NEW YORK, Nov 3 – The S&P 500 and Nasdaq closed higher on Monday, with artificial intelligence-related deals taking much of the gains, while the Federal Reserve’s near-term monetary policy became increasingly foggy due to the scarcity of official U.S. economic data. Technology and tech-related companies helped propel the Nasdaq to its biggest gains, while […]