Asian markets traded higher, while the US stock market ended flat overnight in a choppy session. Investors now await the US Federal Reserve’s policy meeting minutes and key US inflation data for further cues on the timing and depth of interest rate cuts. On Monday, the Indian stock market benchmarkRead More →
Asian markets are mixed and the US market took a breather after a rally sparked by optimism over the US Federal Reserve’s interest rate cuts. The Indian stock market was closed on Monday on account of the Holi festival. The markets will also remain shut on Friday, March 29, onRead More →
The US markets kicked off the shortened week on a downward trend, with the looming Good Friday holiday. As of 9:00 pm IST, the S&P 500 slipped by 0.19 percent to 5,224.15. Similarly, the Nasdaq Composite saw a decrease of 0.13 percent to 16,406.66, while the Dow Jones Industrial AverageRead More →
Asian markets traded mixed while the US stocks ended lower as sentiment remained weak ahead of the release of key economic data this week. The release of January’s personal consumption expenditures price index (PCE) – the US Federal Reserve’s preferred inflation gauge – could dampen the recent enthusiasm should theRead More →
In terms of m-cap Nvidia is only behind Microsoft Corporation and Apple Inc. As per media sources, the current m-cap of Nvidia stands at $1.8 trillion while those of Apple and Microsoft are at $2.8 trillion and $3 trillion respectively. Shares of Nvidia Corporation on the Nasdaq have been inRead More →
As of 9:49 a.m. ET, the Dow Jones Industrial Average demonstrated a gain of 36.03 points, equivalent to a 0.09% increase, reaching 38,085.16. Meanwhile, the S&P 500 showed a marginal decline of 3.32 points, representing a 0.07% decrease, with a current value of 4,890.84. Additionally, the Nasdaq Composite experienced aRead More →
However, Investors are optimistic as they kick off 2024, fostering the potential for a turbulent period in U.S. stocks if certain expectations fall short, according to a report by Reuters. Despite a somewhat uncertain beginning to the year, the S&P 500 is merely approximately 2% below its recent all-time high. Read More →
Global incidents, such as the dot-com bubble, 9/11, the US subprime crisis, COVID-19, recent US economic challenges and geopolitical tensions like the Russia-Ukraine conflict and the Israel-Gaza crisis have all significantly impacted the Indian stock market. Let’s explore the relationship between these two economic powerhouses, and understand how the USRead More →
Global market setup remains positive as Asian markets traded higher while the US shares ended mixed overnight. The equity benchmark indices on Tuesday ended at their record closing highs as market sentiment remained upbeat following strong macro numbers and BJP’s victory in the three large states. The Sensex jumped 431.02Read More →
The Indian stock market witnessed a stellar rally with both the benchmark indices, Sensex and Nifty 50, at their all-time high levels. Strong domestic cues and the return foreign capital into Indian equities have supported the upside momentum. The domestic equity indices are expected to open flat with a positiveRead More →
