US stocks on Monday edged higher ahead of consumer inflation and Federal Reserve Chair Jerome Powell’s testimony to the Congress this week. In the early trading, the S&P 500 was up 0.2%, the Nasdaq edged up 0.1%, and the Dow Jones Industrial Average was up 0.6%. Oil prices declined on […]
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Wall Street in the week ahead will see some key economic reports that could influence the stock markets. Among the economic events, the major focus of investors will be on consumer inflation for June and Federal Reserve chair Jerome Powell’s testimony to the US Congress. The Consumer Price Index (CPI) […]
US stocks were mixed on Friday following a report on the job market that showed a slowdown in hiring. At 9:50 a.m. ET, the Dow Jones Industrial Average was down 33.29 points, or 0.08 per cent, at 39,274.71, the S&P 500 was up 0.80 points, or 0.01 per cent, at […]
The Indian market has been on an upward trend, rising 1.26 percent in July so far after a 6.5 percent surge in June. Overall in 2024 year-to-date (YTD), the index has rallied almost 12 percent. The recent upswing in the Indian stock market owes much to renewed investor confidence after […]
In a call to action, market regulator Securities and Exchange Board of India (Sebi) has urged industry stakeholders to proactively report any malpractices within their sectors. This, Sebi chairperson Madhabi Puri Buch emphasized, is crucial to maintaining investor trust—a cornerstone for a growing market. The Indian stock market has been […]
Indian benchmark indices continued their record-high run on Thursday for the second straight session. The Sensex rose 406 points to its new high of 80,392.64 while the broader Nifty gained 114.5 points to its peak of 24,401. The Sensex reached the 80,000 mark for the first time on July 3. […]
Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]
July 1 – BlackRock has launched a ‘buffer’ exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors looking to tap the equity markets, the world’s largest asset manager said on Monday. So-called buffer or risk-managed ETFs help maximize returns from an asset for investors and simultaneously […]
US stocks were mixed on Monday after a report showed manufacturing weakened last month. The S&P 500 was steady in midday trading. The Dow Jones Industrial Average rose 0.1 per cent and the Nasdaq composite was 0.3 per cent higher. This week the investors’ main focus is on jobs data […]
Next week, Wall Street will see several key economic data such as the Federal Reserve minutes, employment numbers, S&P final US manufacturing PMI, and trade deficit data. Job openings data for May and nonfarm payrolls report for June are likely to be the major focus of the stock market participants. […]