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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…
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day deliberations on Monday, with markets largely expecting a status quo on the key interest rate. However, some experts see room for a 25 basis points (bps) cut amid benign inflation and GST-driven tax relief. The panel, headed by RBI Governor Sanjay Malhotra, is…
MUMBAI: After six sessions of continuous selling that wiped off nearly 2,600 points or 3.1% from the sensex, and investors left poorer by nearly Rs 15 lakh crore through a slide in market cap, traders on Dalal Street feel there is a chance of a bounce-back on Monday. But they feel the underlying weak trend…
Dalal Street took a hit this week as more than 440 out of 500 stocks on the BSE 500 ended in red after two heavy blows from US President Donald Trump. The BSE 500 index dropped 3.3% while 17 names fell by double digits and lost as much as 14%. All sectors closed lower on…
MUMBAI: Fresh tariff-related jitters, weakness of the rupee and foreign fund selling pulled the sensex down by 733 points on Friday to 80,246 points, near its four-week low. As US President Donald Trump announced a fresh set of tariffs on imports of pharmaceutical products, most pharma stocks closed deep in the red. Nifty was down…
US stocks were trading in green on Friday, buoyed by a combination of factors including renewed hopes for more rate cuts and US President Donald Trump’s announcment for new tariffs, including a 100% import tax on foreign-made pharmaceutical drugs, starting next week. Dow Jones soared 369 points or 0.8% to reach 46,316 while Nasdaq jumped…
Wall Street struggled on Thursday, heading toward a rare three-day losing streak as investors digested stronger-than-expected US economic data and corporate results.The S&P 500 fell 0.7% in early trading, marking a deeper decline than the previous two days, while the Dow Jones Industrial Average was down 107 points, or 0.2%, and the Nasdaq composite slid…
US stocks showed modest gains on Wednesday as Wall Street paused after a strong rally that pushed major indexes to near record highs.The S&P 500 rose 0.1% in early trading following its first loss in four days, while the Dow Jones Industrial Average gained 152 points, or 0.3%, AP reported. The Nasdaq composite was up…
H-1B visas also see significant usage from financial and consulting organisations. (AI image) US President Donald Trump’s move to steeply hike the H-1B visa fees to $100,000 in a bid to create more jobs for Americans may actually end up backfiring! Major Wall Street banks are actually expected to increase their dependence on business support…
US stocks slipped on Monday as Wall Street took a breather following a string of record highs last week. The S&P 500 dipped 0.2%, the Dow Jones Industrial Average fell 228 points, or 0.5%, and the Nasdaq composite eased 0.1% as of 9:35 a.m. Eastern time, AP reported. All three indexes had hit fresh all-time…
