Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday following weakness in global markets. Asian markets traded lower, while the US stock market ended in the red overnight as investors watched out for Nvidia results for the second quarter. On Wednesday, the Indian stock market … Read more
Wall Street’s major indexes climbed roughly 1% following July’s retail sales data, which suggested strong consumer spending and eased concerns about a possible imminent recession in the world’s largest economy, on Thursday. At 9:35 a.m. ET, the Dow Jones Industrial Average rose by 503.66 points, or 1.26 per cent, reaching 40,512.05. The S&P 500 increased … Read more
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note Monday tracking mixed cues from global peers. Asian markets traded mixed, while the US stock market ended at record levels last week led by a rally in megacap tech stocks. Data showed US jobs growth slowed … Read more
Asian markets traded higher, while the US stock market ended largely in the red dragged by selling in technology stocks. On Monday, the Indian stock market indices ended with minor gains led by heavyweights. The Sensex gained 131.18 points, or 0.17%, to close at 77,341.08, while the Nifty 50 settled 36.75 points, or 0.16%, higher … Read more
Nvidia share price rallied over 3% on Tuesday as the chip maker the world’s most valuable company, dethroning tech heavyweight Microsoft. Nvidia shares rose 3.5% to $135.58, lifting its market capitalization by over $110 billion to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company, Reuters reported. The … Read 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 Average experienced a decline of 0.30 … Read more
The US stock market indices ended higher on Thursday, with the S&P 500 closing at a record high and the Nasdaq composite rallying 1.5%, led by gains in technology and growth stocks on rising optimism about prospects for Federal Reserve rate cuts this year. The Dow Jones Industrial Average gained 130.30 points, or 0.34%, to … Read more