WTI Crude oil futures experienced slight pressure in mid-Asia electronic trades following a rise to two-and-a-half-month highs of $77.33 a barrel. The gains were driven by a drop in the US dollar, which fell below the 100 mark, reaching its lowest level since April 2022. The decline in the dollarRead More →
US stocks edged higher on Thursday, as data showed the annual increase in US producer inflation was the smallest in nearly three years. In June, the producer price index climbed 0.1%. That was the smallest year-on-year gain since August 2020 and followed a 0.9% increase in May. The S&P 500Read More →
US stocks gained on Wednesday with Nasdaq rallying over 1% after data showed a slowdown in inflation. The inflation data bolstered hopes that the Federal Reserve could end its interest rate hikes soon. The S&P 500 gained 33.40 points, or 0.75%, at 4,472.66 points. The Nasdaq Composite climbed 160.30 points, orRead More →
Gold prices in Delhi rose ₹195 to ₹59,700 per 10 grams on Wednesday amid strong global cues. In the previous trade the precious metal at ₹59,505 per 10 grams. Silver increased by ₹200 to ₹72,700 per kilograms. Gold futures in the global market experienced a significant increase, nearing the $1950Read More →
US stock futures were little changed in early Asian trade, while Japanese and South Korean markets fell. Investors await the inflation data for further cues on the outlook for interest rates in the US and India. According to a Reuters poll, the US inflation rate in June is expected toRead More →
US stocks climbed on Tuesday ahead of inflation reports. The S&P 500 rose 29.73, or 0.7%, at 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, at 34,261.42. The Nasdaq composite added 75.22, or 0.5%, at 13,760.70. Shares of Activision Blizzard jumped 10% after a judge ruled MicrosoftRead More →
US stocks edged higher marginally on Monday as investors awaited inflation data, due to be released on Wednesday. The S&P 500 gained 3.89 points, or 0.09%, at 4,402.84. The Dow Jones Industrial Average rose 167.86 points, or 0.5%, at 33,902.74. The Nasdaq Composite added 4.30 points, or 0.03%, at 13,665.01.Read More →
The Gift Nifty index indicates the Nifty50 is likely to open in green with 74 points at 19,474 level. The dollar index is at 102.27 seeing an fall of 0.87 per cent. The crude oil trades at $ 73.66 on 9th july. Securities in Ban for Next Trading Day SrRead More →
Global stock markets plunged on Thursday as investors fear more US interest rate hikes and the risk of recession. Investors’ sentiments were hit by FOMC minutes released on Wednesday on the Federal Reserve’s last interest-rate meeting, which indicated that more hikes lay ahead aimed at taming inflation. US stocks InRead More →
European stocks gained on Tuesday, led by real estate and healthcare shares. The pan-European STOXX 600 index inched 0.1% higher at the close. Britain’s FTSE 100 fell 0.1% at 7,519.72 points. France’s CAC 40 dropped 0.2% at 7,369.93. Germany’s DAX fell 0.3% at 16,039.17. Among sectors, real estate stocks increased 2.7% and healthcare stocksRead More →
