The FinTech Hub
Source: Business Standard Stock Market, BSE, Nifty:At around 6:45 AM, GIFT Nifty futures were down 4.7 points at 25,940. Share market today, Wednesday Sept 25: The Indian share market is likely to open flat today after scaling new heights in Wednesday’s session. The BSE Sensex crossed the 85,000-mark for the first time and the NSE…
Source: Live Mint US stock indices edged higher on Tuesday, with commodity shares gaining after China unveiled a bumper stimulus package. China’s central bank on Tuesday announced a broad set of changes to bolster its economy, including a cut in slew of rates. As of 9:35 a.m. Eastern time, the S&P 500 was 0.1 per…
Source: Live Mint US stocks rose on Monday as investors focused on comments from Federal Reserve policymakers and economic data due this week. Fed presidents Raphael Bostic, Neel Kashkari and Austan Goolsbee supported the last week’s rate cut and voiced support for more cuts in the rest of 2024. At 11:44 a.m. the Dow Jones…
Source: Live Mint Following last week’s historic interest rate cut by the US Federal Reserve, Wall Street in the week ahead will have plenty of economic data, including the Personal Consumption Expenditures price index, and S&P flash services & manufacturing PMIs, to look forward to. The week will also see comments from US central bank…
Source: Business Standard Sensex, Nifty fly high: Benchmark indices – Sensex and Nifty 50 – witnessed a strong rally on Friday, September 20, 2024 on the back of a 50 bps rate cut by the Federal Reserve on September 18. The Sensex rallied 1,509.6 points intraday, hitting a fresh record high of 84,694.5 levels….
Source: Live Mint US stocks jumped on Thursday after the Federal Reserve kicked off its easing cycle with half-a-percentage point cut in interest rates. On Wednesday, the Federal Reserve slashed its interest rates by 50 basis points (bps), first time in more than four years. Chair Jerome Powell said that as the inflation has come…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint US stock indices rose slightly on Wednesday, as investors widely expect the Federal Reserve to deliver its first interest rate cut in more than four years. At the opening bell, the Dow Jones Industrial Average rose 22.7 points, or 0.05%, to 41,628.91. The S&P 500 rose 7.1 points, or 0.13%, to 5,641.68,…
Source: Live Mint US stock indices gained on Tuesday after retail sales data as investors are focused on the Federal Reserve’s policy decision to be declared on Wednesday. At the opening bell, the Dow Jones Industrial Average rose 101.7 points, or 0.24%, to 41,723.78. The S&P 500 rose 22.4 points, or 0.40%, to 5,655.51, while…
Source: Live Mint The S&P 500 and the Nasdaq edged lower while Dow Jones rose on Monday, ahead of the Federal Reserve’s monetary policy decision later this week. Investors cautiously awaited the Federal Reserve’s first interest rate cut since 2020 on Wednesday. At 09:50 a.m. the Dow Jones Industrial Average rose 260.54 points, or 0.63…
