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US market today: Wall Street drifts on weak ADP jobs data; treasuries gain as yields fall

US stocks drifted on Wednesday as fresh signs of weakness in the job market stoked caution among investors. The S&P 500 fell 0.3% in early trading, though it remained near last week’s record high. The Dow Jones Industrial Average declined 51 points, or 0.1%, while the Nasdaq composite dropped 0.4%, AP reported.Treasury yields fell sharply…

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Stock market holiday: Will NSE, BSE remain closed on October 2? Check full list of October holidays

Stock markets closed on October 2: Indian stock markets, including the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), will remain closed on Wednesday, October 2, in observance of Gandhi Jayanti and Dussehra.No trading will take place across equity, derivatives, or securities lending and borrowing (SLB) segments on this day. However, trading in currency…

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India-EFTA trade pact: Swiss wines, chocolates and apparel to get cheaper; Indian exports to get wider market access

The India-European Free Trade Association (EFTA) free trade agreement, coming into effect from Wednesday, will make several Swiss products, including wines, chocolates, apparel, and watches, cheaper in the Indian market.The agreement, signed in March 2024 under the Trade and Economic Partnership Agreement (TEPA), also opens greater market access for India’s labour-intensive exports such as tea,…

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US economy tracker: Consumer confidence falls in September; inflation and weak job market weigh

US consumer confidence fell sharply in September as Americans’ concerns over inflation and a weakening job market deepened, according to the Conference Board’s latest survey. The consumer confidence index dropped 3.6 points to 94.2, down from August’s 97.8, marking the lowest reading since April, when President Donald Trump implemented sweeping tariff policies.The index measuring Americans’…

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Asian stocks: Market flat ahead of possible US gov shutdown; HSI sheds 0.1%, Nikkei rises 5 points

Asian shares were mostly flat on Tuesday as investors stayed cautious ahead of a possible US government shutdown.HSI slipped 0.11% or 29 points reaching 26,593. South Korea’s Kospi also shed 0.06% or 1 point, trading at 3,429 at 10:45 AM IST.Meanwhile, Japan’s Nikkei gained 0.01% or 5 points to 45,049. Shanghai and Shenzhen also traded…

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Stock market today: Nifty50 opens in green; BSE Sensex above 80,400

Market experts anticipate near-term consolidation, influenced by global factors and upcoming economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was above 24,650, BSE Sensex was up around 100 points. At 9:32 AM, Nifty50 was trading at 24,659.60, up 25 points…

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US market today: Wall street rebounds after 1 week of losses; tech and pharma stocks gain

US stocks opened higher on Monday, clawing back some losses from last week, with investors eyeing a key economic report and ongoing political uncertainty over a potential government shutdown. The S&P 500 rose 0.4% in early trading, the Dow Jones Industrial Average edged up 29 points (0.1%), and the Nasdaq composite gained 0.6%, all hovering…

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