US stocks dipped on Tuesday as investors are bracing for Federal Reserve’s monetary policy decision, to be announced on Wednesday. It is widely anticipated that the US central bank will leave key interest rates unchanged. The S&P 500 lost 9.84 points, or 0.22%, at 4,443.69 points. The Nasdaq Composite fellRead More →
US stocks closed flat on Monday ahead of the Federal Reserve’s decision on key interest rates due on Wednesday. The S&P 500 gained 3.26 points, or 0.07%, at 4,453.58 points. The Nasdaq Composite added 1.99 points, or 0.01%, at 13,710.32. The Dow Jones Industrial Average rose 5.79 points, or 0.02%,Read More →
In the week ahead on Wall Street, the major focus of stock market investors will be on the Federal Reserve’s interest rate policy meeting. The Fed rate decision will be released on September 20 and Chair Jerome Powell will address the press conference on the monetary policy. The US centralRead More →
In a much-needed respite, the September quarter is turning out to be a blockbuster one for PVR Inox Ltd. Movie content performance has had a good run in July and August. In fact, the multiplex operator has said it achieved the feat of highest-ever monthly admissions and box office monthRead More →
ABB India Ltd’s shares have been on a roll, appreciating by a whopping 68% so far this calendar year. A good part of investors’ optimism stems from the company’s order inflow trajectory, which has been decent in the recent past. On Wednesday, the company said it has entered into aRead More →
US stocks dipped on Tuesday, weighed down by rising treasury yields and higher oil prices. The S&P 500 lost 18.97 points, or 0.42%, at 4,496.8. The Dow Jones Industrial Average fell 195.61 points, or 0.56%, at 34,642.1. The Nasdaq Composite dropped 10.86 points, or 0.08%, at 14,020.95. Technology stocks gained,Read More →
In the week ahead on Wall Street, stock market investors will closely watch the key economic reports that include factory orders data, initial jobless claims, and consumer credit data. On Monday, the US stock market will remain closed for a public holiday on account of Labor Day. During the week,Read More →
US stocks ended mixed on Thursday after inflation and weekly jobless data. Investors are keenly awaiting employment data due on Friday for clues on the Fed’s monetary policy outlook. The S&P 500 lost 7.21 points, or 0.16%, at 4,507.66. The Dow Jones Industrial Average fell 168.33 points, or 0.48%, at 34,721.91. TheRead More →
US stocks rose on Wednesday after latest GDP data hinted at pause in interest rate hike. The S&P 500 rose 0.38% at 4,514.87 points. The Nasdaq gained 0.54% at 14,019.31 points. The Dow Jones Industrial Average added 0.11% at 34,890.24 points. Data on gross domestic product (GDP) showed that the US economy expandedRead More →
The latest jobs report has raised investors’ hopes of a pause in interest rate hikes by the US Federal Reserve. The S&P 500 gained 64.39 points, or 1.45%, at 4,497.70 points. The Nasdaq Composite rose 239.36 points, or 1.74%, at 13,943.37. The Dow Jones Industrial Average surged 294.97 points, orRead More →
