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Source: Live Mint US stocks were mixed on Friday after producer prices data. At the opening bell, the Dow Jones Industrial Average rose 53.4 points, or 0.13%, to 42,507.53. The S&P 500 fell 5.0 points, or 0.09%, to 5,775.09, while the Nasdaq Composite dropped 64.3 points, or 0.35%, to 18,217.734. Read Full Article
Source: Live Mint International crude oil prices reversed Monday’s gains and crashed five per cent on Tuesday, October 8, snapping a five-day rally, as fears of supply disruptions from the conflict between Israel and Iran eased after Iranian-backed Hezbollah signalled support for a ceasefire proposal put forth by Lebanon’s government. Local news reports suggested a…
Source: Live Mint Next week on Wall Street will see several economic data including the important consumer prices inflation and Producer Price Index for last month. Investors will also have the minutes of FOMC (Federal Open Market Committee) from the September policy meeting. The economic data in the week ahead could give clues as to…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Live Mint Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as U.S. President Joe Biden discouraged Israel from targeting Iranian oil facilities. Brent crude futures rose 43 cents, or 0.6%,…
Source: Live Mint US stocks surged on Friday after a strong labor report eased concerns about a slowdown in the jobs market. The US government data showed employers added 254,000 more jobs to their payrolls in September as compared to 159,000 in August. As of 12:55 pm Eastern time, the S&P 500 was up 0.5…
Source: Live Mint Oil prices increased on Thursday as investors grew concerned that an escalating conflict in the Middle East could potentially disrupt crude oil shipments from the region. However, gains were limited by an improved global supply outlook. By 1211 GMT, Brent crude futures had risen by $1.52, or 2.06%, to $75.42 per barrel,…
Source: Live Mint Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the Middle East could curtail crude supply were overshadowed by waning global demand concerns. Brent crude futures for November delivery, which expired on Monday, fell 21 cents to settle…
Source: Live Mint US equity indices were mixed on Monday as investors awaited economic data and comments from Federal Reserve Chair Jerome Powell. Powell is slated to speak later in the day on the economic outlook at the National Association for Business Economics event. In the week ahead, several economic data including jobs report for…
Source: Live Mint Wall Street in the week ahead is expected to be guided by several economic data such as jobs report for September, S&P manufacturing and services PMIs. The employment numbers could impact investors’ views on the Federal Reserve’s next move at its monetary policy meeting on November 6-7. Market participants will also closely…
