Wall Street today: US stocks crashed in the previous session due to a global selloff fueled by mounting recession fears among investors in the world’s largest economy. On Monday, more than $1.93 trillion was wiped out of the US stock market as the tech-heavy Nasdaq composite dropped over 1,000 points. […]
US economy
Crude oil prices fell on Monday, August 5, after the US stock market indices crashed due to rising fears of an economic recession. The oil price declines were limited to an extent as crude oil supply remains in question from the Libyan supply losses and increasing conflict in the Middle […]
US equity markets crashed as fear looms over economic recession. The Dow Jones Industrial Average fell 1.71 per cent or 681.07 points to 39,056.19. The S&P 500 fell 3.66 per cent or 195.42 points at 5,151.14, while the Nasdaq Composite crashed 6.34 per cent or 1,063.63 points to 15,712.53. Gold […]
Indian real estate stocks bore the brunt of Monday’s market crash, as investors are concerned that a potential economic slowdown in the United States could reduce demand for real estate, causing a decline in property prices and rentals. A slowdown in the US economy could lead to reduced capital flows […]
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first […]
Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Friday tracking largely weak sentiment in the global markets. Asian markets traded mostly lower, while the US stock market ended mixed overnight amid the release of US GDP data and […]
Today, India is among the most valued stock markets in the world. India’s total Mcap is ₹450 trillion, the 4th largest in the dollar term, being valued at a Mcap/GDP ratio of 150% based on FY24 nominal GDP (current price) of ₹300 trillion (estimated). The nominal GDP is forecast to […]
European stocks fell, with oil majors leading the decline, while traders looked ahead to key data on the US economy and a European Central Bank interest-rate decision. The Stoxx Europe 600 dropped 0.8% at 10:36 a.m. in London, with energy, mining and banking stocks the worst laggards. Among individual movers, […]