The FinTech Hub
Source: Live Mint US stock indices declined on Friday as UnitedHealth Group shares tumbled on a report of a government probe into the health giant’s billing practices. As of 10:20 am Eastern time, the S&P 500 edged down 0.4 per cent, the Dow Jones Industrial Average lost 0.8 per cent, and the Nasdaq Composite fell…
Source: Live Mint US stock indices opened higher on Tuesday, as investors focused on potential tariff developments and the US Federal Reserve’s interest rate strategy. At the opening bell, the Dow Jones Industrial Average rose 37.8 points, or 0.08%, to 44583.91. The S&P 500 rose 7.0 points, or 0.11%, to 6121.6, while the Nasdaq Composite…
Source: Live Mint The most recent report from the Federal Reserve Bank of New York reveals that credit card debt in the United States has reached a record high of $1.21 trillion. Though the record high figure indicates the fiscal situation in the United States, it also holds valuable lessons for Indian cardholders, given that…
Source: Live Mint In a holiday-shortened week ahead, Wall Street investors will be focusing on home sales data and the Federal Reserve minutes of January monetary policy meeting. The markets will remain closed on Monday to mark Presidents’ Day. The week will also see other economic data including preliminary PMIs by S&P Global for services…
Source: Live Mint US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs….
Source: Live Mint Indian investors saw about ₹9.3 lakh crore wiped out in market wealth on Tuesday as Trump’s latest tariffs, slower corporate earnings and a relentless selloff by foreign investors continued to rock the sentiment. Mid- and small-cap stocks took an even harder hit. Benchmark indices fell for the fifth straight session, with Nifty…
Source: Live Mint US stocks opened lower on Tuesday, as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on interest rates and trade tariffs. At the opening bell, the Dow Jones Industrial Average fell 69.0 points, or 0.16%, to 44,401.38. The S&P 500 fell 17.1 points, or 0.28%, to 6,049.32, while…
Source: Live Mint US stocks edged higher on Monday as steelmakers surged after US President Donald Trump said he would impose additional tariffs on steel and aluminum imports. At the opening bell, the Dow Jones Industrial Average rose 93.5 points, or 0.21%, to 44,396.92. The S&P 500 rose 20.4 points, or 0.34%, to 6,046.4, while…
Source: Live Mint The focus of Wall Street investors in the week ahead will be primarily on expected reciprocal trade tariffs by US President Donald Trump and key economic data including consumer price inflation and retail sales. The week will also see Fed Chairman Jerome Powell’s testimony to the US Congress. On Friday, President Trump…
Source: Live Mint US stock indices slipped on Friday after the weak jobs data and a consumer sentiment survey. At 10:06 am ET, the Dow Jones Industrial Average fell 70.38 points, or 0.16 per cent, to 44,677.25, the S&P 500 lost 11.84 points, or 0.19 per cent, to 6,071.73 and the Nasdaq Composite lost 108.18…
