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US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…
US stocks edged higher on Wednesday, with the S&P 500 breaching the 7,000-point mark for the first time, underscoring sustained investor optimism around artificial intelligence, resilient Big Tech earnings prospects and expectations of eventual monetary easing.The benchmark index rose 0.3 per cent, extending gains after its latest record close. The Dow Jones Industrial Average advanced…
File photo (Picture credit: AP) Asian shares were mixed on Wednesday, tracking a muted lead from Wall Street after the S&P 500 edged to a fresh record, while the US dollar continued to weaken ahead of a key interest rate decision by the Federal Reserve.Markets are focused on the Fed’s policy announcement later in the…
NEW DELHI: India and the European Union on Tuesday concluded a long-awaited Free Trade Agreement (FTA), marking a historic milestone in bilateral economic ties and positioning the two partners firmly in favour of diversified trade at a time of rising global uncertainty.The deal, finalised after more than two decades of negotiations and relaunched talks since…
US stocks opened with modest gains on Monday as investors turned their focus to a busy earnings calendar and the upcoming policy meeting of the US Federal Reserve, while gold surged past the $5,000-an-ounce mark for the first time.The S&P 500 rose 0.4% in early trade, coming off its second consecutive weekly loss. The Dow…
File photo (Pic credit: AP) Asian stock markets mostly declined on Monday, led by sharp losses in Japan after the yen strengthened against the US dollar, hurting exporter stocks. Japan’s benchmark Nikkei 225 fell 1.8% to 52,870.15, weighed down by heavy selling in major exporters such as Toyota Motor Corp., whose shares dropped 4%.Markets across…
(AI image generated using ChatGPT) The date for the presentation of the Union Budget is drawing closer and everyone is speculating what Nirmala Sitharaman‘s bahikhata might just be holding. More than just a government financial statement, the event is a roadmap for taxation, spending and public policy that influences how the economy performs over the…
US stocks edged lower on Friday as a turbulent week marked by tariff threats and reversals headed toward a calmer finish, with investors turning cautious amid limited clarity on trade and geopolitical signals.In early trade, the S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 258 points, or 0.5%, AP reported. The Nasdaq…
Asian markets traded in green on Friday, as investor sentiments improved due to stronger US economic indicators and easing ties between the EU and US as Trump withdrew tariff threats for the bloc. In Hong Kong, the HSI inched 158 points or 0.6% to 26,788. Japan’s Nikkei also jumped 193 points or 0.36% to 53,882….
US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…
