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Source: Live Mint US stock indices rose slightly in choppy trade on signs of falling consumer confidence and amid uncertainties around President Donald Trump’s planned tariffs. On Monday, Trump said that not all of his threatened levies would be imposed on April 2 and some countries might get breaks. As of 10:30 AM Eastern time,…
Source: Live Mint US stocks surged on Monday, led by technology shares on reports of President Donald Trump’s administration likely to exclude a set of sector-specific tariffs that are on track to be imposed in April. As of 11:01 AM Eastern, the S&P 500 jumped 1.6 per cent, the Dow Jones Industrial Average rose 1.3…
Source: Live Mint Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept…
Source: Live Mint US 10-year yield higher, but holds in tight range Fed’s Williams says policy in right place for now Fed’s Goolsbee says uncertain if tariffs will lead to persistent inflation (Updated in New York afternoon time) NEW YORK, March 21 (Reuters) – The U.S. benchmark 10-year Treasury yield rose on Friday but held…
Source: Live Mint ORLANDO, Florida, March 20 (Reuters) – TRADING DAY Post-Fed rally fades, global caution mounts U.S. markets struggled for clear direction on Thursday, as investors cooled some of their optimism around Federal Reserve Chair Jerome Powell’s view that the economy is in good shape and tariff-related price rises will be transitory. Wall Street’s…
Source: Live Mint Central bank easing meets global caution BoE keeps rates steady, SNB cuts on Thursday BOJ remains the G10 outlier By Yadarisa Shabong and Alun John March 20 (Reuters) – Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global economics and politics…
Source: Live Mint March 20 (Reuters) – Australian shares recovered on Thursday, led by banks after U.S. Federal Reserve Chair Jerome Powell’s comments calmed investors rattled by President Donald Trump’s tariff threats, and gold stocks jumped as bullion hit a record high. The S&P/ASX 200 index rose 0.7% to 7,881.6, as of 2328 GMT. The…
Source: Live Mint Wall Street stocks rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision due later in the day. The central bank is widely expected to leave the interest rate unchanged. Investors will also be eyeing new economic projections from Feb policymakers. At 09:48 a.m. ET the Dow Jones Industrial Average…
Source: Live Mint US stock indices declined on Tuesday, weighed down by tech shares, ahead of the Federal Reserve’s interest rates decision. At 11:47 a.m. ET the Dow Jones Industrial Average fell 330.66 points, or 0.79 per cent, to 41,510.97, the S&P 500 lost 68.07 points, or 1.20 per cent, to 5,606.90, and the Nasdaq…
Source: Live Mint (Bloomberg) — European stocks were muted as investors looked ahead to central banks’ decisions as President Donald Trump continues to ramp up tariffs threats. The Stoxx Europe 600 Index was little changed as of 8:15 a.m. in London. The energy and healthcare were the top-performing sectors, while consumer products lagged. Shipping stocks…
