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Source: Live Mint Budget Technical Outlook: The Indian stock market faced sharp losses in early trade on Monday, February 3, with the Sensex tumbling over 700 points and the Nifty 50 dropping below 23,250, amid weak global cues. The Sensex fell 750 points to hit an intraday low of 76,791.09. Similarly, the Nifty 50 also…
Source: Live Mint Tariffs announced by US President Donald Trump sent the cryptocurrency market into a tailspin, as investors pared exposure to riskier assets. Bitcoin, the world’s biggest and most popular crypto token, crashed 5% to $93,921.93 in Monday’s trading session and even touched a three-week low of around $91,441.89. Ether, the second-largest digital asset…
Source: Live Mint Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. The Personal Consumption Expenditures (PCE) price index rose 2.6 per cent in December, up from 2.4 per cent in November but in line with analyst expectations. At 09:40 a.m. ET,…
Source: Live Mint Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38%, to 45054.36. The S&P 500 rose 25.6 points, or 0.42%, to 6096.79, while the Nasdaq…
Source: Live Mint US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.19 points, or 0.47 per cent, to 6,067.50, and the Nasdaq Composite added 74.76 points,…
Source: Live Mint After a two-day Federal Open Market Committee (FOMC) meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture. The US Fed chair Jerome Powell-led rate-setting panel last cut rates for three straight meetings starting September 2024 for the first time…
Source: Live Mint US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. At 11:56 a.m. ET, the Dow Jones Industrial Average rose 64.23 points, or 0.14 per cent, to 44,775.51, the S&P 500 gained 29.71 points, or 0.49 per cent, to 6,041.99 and the Nasdaq Composite gained 240.65…
Source: Live Mint US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. As of 10:20 am Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher. At the opening…
Source: Live Mint US stock indices opened higher on Tuesday after previous session’s sharp losses. At the opening bell, the Dow Jones Industrial Average rose 42.8 points, or 0.10%, to 44,756.36. The S&P 500 rose 14.7 points, or 0.24%, to 6,026.97, while the Nasdaq Composite rose 76.4 points, or 0.39%, to 19,418.219. Nvidia and other…
Source: Live Mint Neelesh Surana, chief investment officer at Mirae Asset MF, who oversees ₹1.5 trillion in equity assets, explains how investors should navigate current market volatility, his outlook, and why the fund house is launching a small-cap fund now. Here are some excerpts from an interview. What is your outlook on the markets? The…
