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MUMBAI: Close on the heels of one of the most frenzied buying phases in gold and silver that the country has ever seen, Multi Commodity Exchange (MCX) is launching options contracts on its bullion index that’s based on prices of gold and silver futures contracts. MCX, the biggest exchange in India for trading in derivative…
Wall Street week ahead: US stock markets are showing signs of shakiness as investors prepare for a week packed with corporate earnings and delayed inflation data. According to a Reuters report, major companies such as Tesla and Netflix are expected to provide a clearer picture of corporate profits, while the delayed September Consumer Price Index…
US stocks ticked higher on Thursday as technology shares rallied following signs of strong demand in the artificial-intelligence (AI) sector. The S&P 500 rose 0.3%, the Dow Jones Industrial Average added 116 points or 0.3%, and the Nasdaq gained 0.5%, though markets remained choppy throughout the week, AP reported.Tech stocks led gains after Taiwan Semiconductor…
Representative image credits: AP Asian stocks dropped Wednesday following losses on Wall Street, as Federal Reserve chair Jerome Powell offered little clarity on future interest rates and US economic data fueled concerns about slowing growth.MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.4% in mid-morning trade. The S&P 500 fell 0.6% in the previous…
