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Source: Live Mint Although US CPI inflation recorded its sharpest increase in seven months, it aligned with forecasts and did not disrupt expectations of a 25 bps rate cut by the US Federal Reserve next week. However, the November inflation data highlighted that the Fed still faces significant challenges in bringing inflation below its 2…
Source: Live Mint US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. At the opening bell, the Dow Jones Industrial Average rose 52.6 points, or 0.12%, to 44,300.41. The S&P 500 rose 25.2 points, or 0.42%, to 6,060.15, while the…
Source: Live Mint US stocks were mixed on Tuesday ahead of a key inflation data this week. At the opening bell, the Dow Jones Industrial Average fell 110.4 points, or 0.25 per cent, to 44,291.57. The S&P 500 rose 4.7 points, or 0.08 per cent, to 6,057.59, while the Nasdaq Composite rose 59.7 points, or…
Source: Live Mint US stock indices were muted on Monday as investors awaited a key inflation report this week. At the opening bell, the Dow Jones Industrial Average fell 4.5 points, or 0.01%, to 44,637.97. The S&P 500 fell 7.3 points, or 0.12%, to 6,083.01, while the Nasdaq Composite dropped 35.7 points, or 0.18%, to…
Source: Live Mint Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, or 0.13%, to 44,824.29. The S&P 500 rose 6.3 points, or 0.10%, to 6,081.38, while the Nasdaq Composite rose 43.2 points, or 0.22%, to…
Source: Live Mint Stock market today: The domestic benchmark indices, Sensex and Nifty 50, experienced significant volatility following the Reserve Bank of India’s monetary policy announcement. After the announcement, the markets oscillated between highs and lows. On Friday, the Reserve Bank of India (RBI) chose to maintain the policy rate unchanged for the eleventh consecutive…
Source: Live Mint The Indian stock market has experienced significant volatility over the past three months. The benchmark indices, Sensex and Nifty 50, underwent a broad-based correction during October and November, driven by several factors. These include heavy selling by foreign institutional investors (FIIs), subdued corporate earnings for the second quarter of FY25, and an…
Source: Live Mint Wall Street stocks were muted on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the last session. At the opening bell, the Dow Jones Industrial Average fell 12.4 points, or 0.03%, to 44769.58. The S&P 500 fell 4.2 points, or 0.07%, to 6042.97, while the Nasdaq Composite…
Source: Live Mint US stock indices were mixed on Monday amid signs of strong Black Friday sales and after a report showed the US manufacturing sector is doing slightly better than feared. According to the Institute for Supply Management, manufacturing contracted again in November, but not by as much as expected, The week ahead is…
Source: Live Mint US stock indices were mixed on Wednesday as investors assessed Personal Consumption Expenditure (PCE) inflation report. At 10:03 a.m. the Dow Jones Industrial Average rose 47.83 points, or 0.11 per cent, to 44,908.14, the S&P 500 lost 8.68 points, or 0.14 per cent, to 6,012.95 and the Nasdaq Composite lost 87.31 points,…
