Latest Updates Around The World
Stock markets fell as energy prices soared on Monday as supply disruptions from the war in the Middle East fueled volatility and fueled inflation fears. Oil prices soared above $100 a barrel for the first time since Russia’s invasion of Ukraine in 2022, as Iran carried out retaliatory strikes against oil-producing Gulf states.The Dow Jones […]
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 […]
U.S. stock index futures fell more than 1% on Monday as conflict in the Middle East showed no signs of easing, sparking a rush to safe haven assets ahead of a busy week of U.S. economic data.Oil prices rose while traditional safe havens rose, with gold rising about 2% and bond prices rising, briefly pushing […]
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 […]
Since late August, Bitcoin has broken away from stocks in what appears to be the weakest stock correlation since the chaos of 2022. Bitcoin’s recent performance differs from the long-standing pattern of price movements with stocks. Over the past six months, the price has lagged, while stocks remained stable and the gold price rose. 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 […]
The Indian rupee was little changed on Wednesday as generally softer dollar and greenback selling from foreign banks gave the currency some breathing space north of the psychologically important 91 per dollar mark. The rupee was at 90.92 per dollar at 10:30 am IST, slightly above Tuesday’s close of 90.95. A series of contract maturities […]
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 […]
