The FinTech Hub
Source: Live Mint Despite weaker-than-expected Q2 earnings and disappointing GDP data, Indian equity markets are on a bull run. Over the past five trading sessions, the Sensex has surged nearly 3,000 points, crossing the 82,000 mark, while the Nifty breached the 24,800 level. The rally, which began around the time of the Maharashtra assembly election…
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,…
Source: Live Mint US stocks showed a mixed performance on Tuesday as attention turned to President-elect Donald Trump’s proposed trade tariffs on Mexico and Canada. At 9:42 am ET, the Dow Jones Industrial Average dropped 197.32 points (0.44 per cent) to 44,539.25. Meanwhile, the S&P 500 rose 11.76 points (0.20 per cent) to 5,999.13, and…
Source: Live Mint US stocks advanced on Monday after Scott Bessent was nominated as Treasury Secretary in the incoming Donald Trump administration. At 09:50 a.m. the Dow Jones Industrial Average rose 459.25 points, or 1.03 per cent, to 44,753.77, the S&P 500 gained 43.12 points, or 0.72 per cent, to 6,012.50 and the Nasdaq Composite…
Source: Live Mint Market participants on Wall Street in the holiday-shortened week ahead will have a lot of significant economic data to watch for. Among the economic reports, the week will see third quarter gross domestic product (GDP) numbers, the personal income and Personal Consumption Expenditures price index data, the Fed’s preferred inflation gauge, for…
Source: Live Mint US stocks were subdued on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia’s quarterly results. At the opening bell, the Dow Jones Industrial Average rose 27.1 points, or 0.06 per cent, to 43,296.05. The S&P 500 fell 2.6 points, or 0.04 per cent, to…
Source: Live Mint US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points,…
Source: Live Mint US stocks were mixed on Monday, as investors awaited crucial earnings especially from chip giant Nvidia and on lingering concerns that the Federal Reserve is not in a rush to cut interest rates further. The Dow Jones Industrial Average fell 35.21 points, or 0.08 per cent, to 43,409.78, the S&P 500 rose…
