The FinTech Hub
Source: Live Mint US waterborne crude imports hit lowest point since March 2021 – Kpler Canadian crude imports fall to lowest since April amid 67% drop in East Coast shipments Refinery maintenance, including at largest East Coast plant, hits demand Uncertainty over impending tariffs also curbed shipments HOUSTON, March 5 (Reuters) – U.S. waterborne crude…
Source: Live Mint (Bloomberg) — Oil plunged to the lowest in about six months as US President Donald Trump’s trade wars hammer the outlook for demand just as OPEC signals it’s ready to start opening the taps on supply. Brent crude plummeted 2.4% to settle just above $69, while West Texas Intermediate dropped 2.9% to…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint CrowdStrike dips on bleak revenue forecast Intel drops after Trump’s plans to kill chips subsidy law US service sector expands in February; price growth accelerates Nasdaq Composite on track to confirm correction Indexes up: Dow 0.94%, S&P 500 0.87%, Nasdaq 1.07% By Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5…
Source: Live Mint Oil prices declined for a third day on Wednesday after U.S. crude oil stocks posted a larger-than-expected build, adding a further headwind as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump’s tariffs on Canada, China and Mexico escalated trade tensions. Brent futures fell…
Source: Live Mint Goldman Sachs Asset Management on Wednesday divested a little over 2 per cent stake in Anil Agarwal promoted-Sterlite Technologies for ₹84 crore through an open market transaction. Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds – Goldman Sachs India Equity Portfolio sold 1.03 crore shares, amounting to a 2.13 per…
Source: Live Mint Trump tariffs impact: Wall Street’s main indexes edged up on Wednesday, after better-than-expected services data allayed worries of a slowdown in the U.S. economy, while investors awaited a potential softer approach from President Donald Trump on trade policy. The S&P 500 was basically unchanged in morning trading after losing 6% since setting…
Source: Live Mint US equities were muted on Wednesday, after a jobs report fanned concerns of a slowing economy. At the opening bell, the Dow Jones Industrial Average fell 2.6 points, or 0.01%, to 42,518.37. The S&P 500 rose 3.2 points, or 0.06%, to 5,781.36, while the Nasdaq Composite rose 27.8 points, or 0.15%, to…
Source: Live Mint INR vs USD rate today: The rupee appreciated by 19 paise to close at 87.00 (provisional) against the US dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices. Forex traders said US President Donald Trump’s tariff escalation has set off a…
Source: Live Mint Despite the heavy bear hammering that Indian equity indices have faced in the past six months, top stock market analyst and head of research at Asit C Mehta Investment Intermediates Siddarth Bhamre does not see a rebound in the near term. Bhamre told Mint that markets could correct some more while suggesting…
