The FinTech Hub
Source: Live Mint US stock indices declined on Friday as UnitedHealth Group shares tumbled on a report of a government probe into the health giant’s billing practices. As of 10:20 am Eastern time, the S&P 500 edged down 0.4 per cent, the Dow Jones Industrial Average lost 0.8 per cent, and the Nasdaq Composite fell…
Source: Live Mint Stock Market Today: Indian markets closed in the red once again, with minimal losses, as selling pressure in financial and IT stocks dragged the frontline indices lower, offsetting gains in metal and real estate stocks. It was the third straight decline for the market, but the losses were limited. The Nifty 50…
Source: Live Mint On 1 February, Trump issued a 10% duty on Chinese imports and 25% tariffs on Canada and Mexico, with a lower 10% rate on Canadian energy exports. However, after negotiations, the tariffs on Canada and Mexico were temporarily suspended for 30 days, underscoring the evolving nature of these trade policies. Also read…
Source: Live Mint US stock indices opened higher on Tuesday, as investors focused on potential tariff developments and the US Federal Reserve’s interest rate strategy. At the opening bell, the Dow Jones Industrial Average rose 37.8 points, or 0.08%, to 44583.91. The S&P 500 rose 7.0 points, or 0.11%, to 6121.6, while the Nasdaq Composite…
Source: Live Mint Donald Trump’s cryptocurrency $Trump has turned out to be a bad investment for thousands of investors who rode the high tide, putting their money in the memecoin launched three days before the US President’s inauguration in January. Launched on January 17, Trump announced the launch of his cryptocurrency $Trump, asking his followers…
Source: Live Mint US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs….
Source: Live Mint It was as if the sun came out on Wall Street. Donald Trump’s election victory was met not just with a blistering stockmarket rally, but also a flurry of dealmaking. Mondelez, a snack-seller, is reportedly trying to buy Hershey, a chocolatier. Consolidation beckons for the advertising industry. Bankers are expecting that many…
Source: Live Mint US stocks opened lower on Tuesday, as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on interest rates and trade tariffs. At the opening bell, the Dow Jones Industrial Average fell 69.0 points, or 0.16%, to 44,401.38. The S&P 500 fell 17.1 points, or 0.28%, to 6,049.32, while…
Source: Live Mint Adani Group stocks hogged the limelight on Tuesday, February 11, rising by as much as 4% during early trading, following reports that several Congress members had written to the newly-appointed U.S. Attorney General, urging an investigation into the previous Department of Justice’s (DoJ) indictment of Adani Group officials. However, most Adani stocks…
Source: Live Mint Stock Market Today: Indian pharma stocks faced significant selling pressure in today’s session, February 10, driven by weak earnings in select companies and fears that former U.S. President Donald Trump could introduce a universal trade tariff of at least 10% on all imports, potentially affecting pharmaceutical exports. As a result, 19 out…
