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Source: Business Standard 1 min read Last Updated : Sep 18 2024 | 4:10 PM IST State Bank of India (SBI) on Wednesday said it has raised Rs 7,500 crore through issuance of Basel III-compliant Tier 2 bonds to qualified institutional bidders. In a regulatory filing, SBI said the issue attracted overwhelming response…
Source: Live Mint US stock indices gained on Tuesday after retail sales data as investors are focused on the Federal Reserve’s policy decision to be declared on Wednesday. At the opening bell, the Dow Jones Industrial Average rose 101.7 points, or 0.24%, to 41,723.78. The S&P 500 rose 22.4 points, or 0.40%, to 5,655.51, while…
Source: Live Mint The S&P 500 and the Nasdaq edged lower while Dow Jones rose on Monday, ahead of the Federal Reserve’s monetary policy decision later this week. Investors cautiously awaited the Federal Reserve’s first interest rate cut since 2020 on Wednesday. At 09:50 a.m. the Dow Jones Industrial Average rose 260.54 points, or 0.63…
Source: Live Mint On Wall Street in the week ahead, market participants’ focus will be on the US Federal Reserve’s two day monetary policy meeting starting September 17. The US central bank is widely expected to slash interest rates for the first time since 2020. Following the Fed monetary policy committee’s decision on interest rates,…
Source: Business Standard Photo Credit: Ruby Sharma 1 min read Last Updated : Sep 13 2024 | 10:34 PM IST State-run Indian Bank has raised Rs 5,000 crore through the issuance of long-term infrastructure bonds. The bank received a total of 88 bids amounting to Rs 13,680 crore against the total issue size…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 13 2024 | 8:00 PM IST Government bond yields fell on Friday amid rising expectations of a significant rate cut by the US Federal Reserve next week, said dealers. The probability of a 50 basis point rate cut by the US…
Source: Live Mint US stocks were mixed on Thursday after hot Producer Prices Index (PPI) data. US wholesale prices rose by 0.2 per cent in August, putting the index on an annual basis at 1.7 per cent, down from a revised 2.1 per cent. The PPI, excluding food and energy components, rose by 0.3 per…
Source: Live Mint US stock indices were mixed on Wednesday after the latest inflation data. At the opening bell, the Dow Jones Industrial Average fell 98.2 points, or 0.24%, to 40638.76. The S&P 500 fell 0.9 point, or 0.02%, to 5496.42, while the Nasdaq Composite rose 35.5 points, or 0.21%, to 17061.406. Oil prices climbed…
Source: Live Mint US stocks were mixed on Tuesday ahead of key inflation data later this week. The latest data could provide clues on the size of the expected interest rate cut by the Federal Reserve on September 18. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down less than 0.1…
Source: Live Mint The Dow Jones rose 0.52%, the S&P 500 added 0.62%, the Nasdaq rose 0.87% Read Full Article
