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US stock markets surged on Wednesday while oil prices plunged sharply as investors bet on a possible breakthrough in US-Iran negotiations that could reopen the Strait of Hormuz and restore global crude supplies, AP reported.The S&P 500 climbed 0.8 per cent and headed towards another record close. The Dow Jones Industrial Average rose 487 points,…
Chicago man uncovered Vivian Maier’s lost archive that changed photography history. Image credit – Wikimedia Routine visit to an auction of storage lockers turned incredible for John Maloof, a real estate agent from Chicago, who found historical materials in one locker in 2007. He purchased the items for about $380. Initially, his interest was merely…
US stock markets traded cautiously near record levels on Monday as rising oil prices and fresh tensions around the Strait of Hormuz kept investors on edge, AP reported.The S&P 500 slipped 0.1 per cent after touching an all-time high, while the Dow Jones Industrial Average fell 216 points, or 0.4 per cent, as of 9:35…
Jane Street Group’s journey to the top of Wall Street has been a lucrative ride for its workforce. The firm doled out $9.38 billion in compensation last year — more than double the amount in 2024 — as the market maker vaulted past its biggest Wall Street rivals, according to people familiar with the matter…
Wall Street moved higher on Friday and edged closer to fresh record highs as strong quarterly earnings from Apple, Estee Lauder and other companies lifted sentiment while a mild retreat in oil prices offered additional support.The S&P 500 rose 0.6 per cent, extending gains after closing at an all-time high on Thursday. The Dow Jones…
Image Credit: TOI/ Bengaluru BENGALURU: Bookworm, the iconic bookshop on Church Street, saw nearly 5,000 books destroyed after rainwater gushed into the shop within minutes.Proprietor Krishna Gowda said, “The hailstones clogged the drainage outlets, and almost instantly, water started pouring in from all sides,” he said. By 5.30pm, shelves that once held stories, ideas and…
Orry has built a reputation for saying the unexpected, but his latest food confession has taken the internet by surprise. In a video that surfaced online from a casual conversation with YouTuber and Bigg Boss OTT winner Elvish Yadav, the social media personality said he absolutely detests chole bhature, and did not hold back while…
Wall Street traded mostly in green on Friday, lifted by strong results from Intel and growing hopes of possible talks between the United States and Iran over the weekend. Around 8:35 pm IST, Nasdaq was up 1% or 248 points to 24,686. S&P 500 was up 29 points or 0.41% to trade at 7,137. Dow…
Indian equities are facing a more cautious outlook, with JPMorgan cutting its rating on the market to neutral from overweight. The brokerage warned that the Nifty 50 could drop to 20,500 in a worst-case scenario, which would mean a fall of around 15% from current levels. It stated that high valuations and uncertainty linked to…
Wall Street began in green on Wednesday, lifted by news that US President Donald Trump had agreed to prolong the ceasefire with Iran, soothing fears of further escalation. As of 7:17 pm IST, Dow Jones was up 320 points or 0.65% to 49,469 while tech heavy Nasdaq jumped 200 points or 0.8% to reach 24,460….
