US shares edged higher on Monday on strong earnings reports. The S&P 500 rose 6.73 points, or 0.1%, at 4,588.96. The Dow Jones Industrial Average climbed 100.24, or 0.3%, at 35,559.53. The Nasdaq composite added 29.37, or 0.2%, at 13,346.02. Shares of financial services provider SoFi Technologies rallied 19.9% after reportingRead More →
US stocks dipped on Thursday, despite growth in economy and upbeat earnings from big companies. The S&P 500 sank 29.34, or 0.6%, to 4,537.41. The Dow Jones Industrial Average dropped 237.40, or 0.7%, to 35,282.72. The Nasdaq composite lost 77.17, or 0.5%, at 14,050.11. A latest report showed on Thursday that grossRead More →
US stocks were steady on Wednesday after the Federal Reserve lifted interest rate. The S&P 500 lost 0.71 points, or 0.02%, at 4,566.75. The Dow Jones Industrial Average rose 82.05 points, or 0.23%, at 35,520.12. The Nasdaq Composite dropped 17.27 points, or 0.12%, at 14,127.28. The Federal Reserve raised its benchmark overnightRead More →
Share Market Updates: Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity futures for the region mixed and currencies holding to narrow ranges. With the U.S. central bank on track for another 25-basis point interest rate hike on Wednesday, policymakers faceRead More →
For the second session in a row, FIIs sold shares of Indian companies for ₹82.96 crore on Monday. On the other hand, for the second straight day, DIIs bought shares for ₹934.87 crore. The Nifty ended the previous session at 19,672.35, down 73 points, or 0.37%, while the Sensex concludedRead More →
US stocks edged higher on Monday ahead of the Federal Reserve monetary policy meeting. The US central bank is widely expected to hike its interest rates on Wednesday to its highest level since 2001. The S&P 500 rose 18.30, or 0.4%, at 4,554.64. The Dow Jones Industrial Average gained 183.55,Read More →
Market experts attributed the selling by small investors to a combination of initial scepticism about the rally and the need to meet margin calls on loss-making derivatives positions. After investing ₹2.8 trillion in stocks during FY21-23, retail investors sold a net of ₹21,100 crore worth of stocks in the JuneRead More →
On the Wall Street next week, investors will focus on the Federal Reserve meeting and earnings from tech giants — Microsoft, Meta Platforms and Alphabet. The US central bank is widely expected to hike its interest rates on Wednesday to its highest level since 2001. The earnings season is gainingRead More →
MUMBAI : Equity benchmarks fell the most in four months on Friday, as investors booked profits in heavyweight Reliance Industries Ltd ahead of its earnings release, and sold off shares of Infosys Ltd and Hindustan Unilever Ltd that posted weak earnings the previous day. The Nifty 50 fell 1.17%, orRead More →
On the Wall Street, S&P 500 and Nasdaq were dragged down by Tesla, Netflix and other big tech-oriented stocks on Thursday. The S&P 500 fell 30.85, or 0.7%, at 4,534.87. The Dow Jones Industrial Average rose 163.97 points, or 0.5%, at 35,225.18. The Nasdaq composite dropped 294.71, or 2.1%, atRead More →
