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Wall Street retreated sharply on Friday as a sell-off in artificial intelligence-linked technology stocks and rising concerns over inflation triggered by elevated oil prices pushed major US indices lower from record highs, AP reported.The S&P 500 fell 1.1 per cent after hitting an all-time high a day earlier, while the Dow Jones Industrial Average dropped…
US stock markets hovered near record highs on Thursday as oil prices extended losses amid rising optimism over a possible agreement between the United States and Iran that could reopen the Strait of Hormuz and restore crude shipments from the Persian Gulf, AP reported.The S&P 500 added 0.1 per cent, extending gains after hitting an…
Punjab Kings’ skipper Shreyas Iyer celebrates their win over Delhi Capitals (ANI Photo) New Delhi: It was the 16th over in the second innings at the Arun Jaitley Stadium. Delhi Capitals fielder Karun Nair cupped his face in shock and then a wry smile appeared. Punjab Kings batter and captain Shreyas Iyer smiled, too. DC…
A young techie couple who had moved from Hyderabad to Bengaluru died by suicide within minutes of each other at their apartment in the city’s Kothanur area, police said. BENGALURU: A young techie couple who had moved from Hyderabad to Bengaluru died by suicide within minutes of each other at their apartment in the city’s…
US stock markets opened sharply lower on Thursday as surging oil prices and uncertainty stemming from the ongoing conflict involving the US, Israel and Iran weighed on investor sentiment.Shortly after opening bell, the Dow Jones Industrial Average fell 1.1 per cent to 46,879.09. The broader S&P 500 declined 1.0 per cent to 6,706.10, while the…
Stocks in the United Arab Emirates fell sharply on Wednesday as markets reopened after a rare two-day trading halt triggered by Iran’s missile and drone attacks on the Gulf nation over the weekend, prompting investors to reassess geopolitical risks, Reuters reported.Dubai and Abu Dhabi exchanges had suspended trading on March 2 and March 3 —…
Shares of Petronet LNG Ltd plunged almost 12% on Wednesday after reports that Qatar, India’s top supplier of imported natural gas, had declared force majeure following a halt in production amid the ongoing crisis in Middle East. On the BSE, the stock dropped 11.69% to Rs 273, while on the NSE it fell 11.95% to…
Silver exchange-traded funds (ETFs) saw a dramatic 38 per cent drop, from their peak just seven days ago on January 29. This sharp decline was triggered by increased trading costs and investors cashing out profits. The market saw wild swings as silver prices first fell below $65 per ounce before bouncing back up by 8.6…
InterGlobe Aviation shares fell sharply on Thursday after Competition Commission of India (CCI) ordered initiating a detailed investigation into IndiGo over alleged unfair business practices. The stock dropped over 3% during the morning session. On the BSE, shares of the airline’s parent company slid 3.65% to Rs 4,782.45, while on the NSE they declined 3.63%…
Asian markets opened lower on Thursday, after fresh losses in US technology stocks that weakened investor confidence across the region. Overnight losses on Wall Street weighed down sentiment, even as US stock futures showed modest gains. Hong Kong’s HSI was down 1.2% or 340 points to 26,506. In Japan, Nikkei shed 604 points to reach…
