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Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5…
According to S&P Global, fears regarding net foreign investment outflows have been “somewhat overstated”. (AI image) India is handling global financial headwinds more effectively than the headline figures indicate, and concerns surrounding foreign capital outflows may be exaggerated, according to S&P Global Ratings.The observations come at a time when the Iran conflict has triggered an…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
File photo: Sebi chief Tuhin Kanta Pandey MUMBAI: Sebi chairman Tuhin Kanta Pandey on Monday said that the regulators for banking and insurance sectors were not willing to allow their regulated entities into commodities derivatives segment due to some concerns.Pandey also said that for Sebi to regulate products that allow physical delivery of commodities like…
US consumer confidence rose marginally in March even as fuel prices surged due to the Iran war, highlighting resilience in spending but growing concerns around inflation and economic outlook, according to AP.The Conference Board said its consumer confidence index increased to 91.8 in March from 91 in February, indicating a modest improvement despite rising cost…
Wall Street’s main indices edged higher in choppy trade on Monday, recovering from the previous session’s sharp losses, even as the Middle East conflict widened and kept investors cautious.The Dow Jones Industrial Average rose 0.48 per cent, the S&P 500 gained 0.32 per cent, and the Nasdaq Composite advanced 0.19 per cent in early trade,…
Spot gold, which had declined for nine consecutive sessions, is now stabilising at around USD 4,420 per ounce in international markets, supported by cautious optimism surrounding the Iran conflict, said Praveen Singh, Head of Commodities at Mirae Asset ShareKhan. He noted that US President Donald Trump had announced a five-day pause on strikes targeting energy…
US stock indexes traded mixed to lower in choppy dealings on Friday morning as the fallout from the war with Iran kept pressure on oil prices and added to concerns about the global economic outlook.The S&P 500 slipped 0.2 per cent after rising as much as 0.9 per cent earlier in the session. The Dow…
NEW DELHI: Amid signs of easing of logistical blockade in the Persian Gulf, along with steps by govt to address their concerns, exporters are worried over goods being dumped by shipping lines at any port, hurting their business.They are expected to flag the issue with govt on Monday, after the customs and shipping ministry simplified…
