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Source: Live Mint After a sharp sell-off on Wall Street last week, market participants will witness sparse economic data in the holiday-shortened week ahead. No major events are scheduled in the week. The sell-off thwarted the seasonal Santa Claus rally, in which stocks rise on the last five sessions of December and the first two…
Source: Live Mint Here’s a quick look at the performance of different asset classes in 2024. India equities: taking a breather Unlike last year, when Indian stock markets were on a tear with the BSE 250 SmallCap Total Return Index (TRI) delivering 47.3% returns, this year the stock markets seem to have taken a breather….
Source: Live Mint US stock indices edged higher on Tuesday in a truncated trading session ahead of Christmas, led by gains in Big Tech shares. At 09:42 am the Dow Jones Industrial Average rose 32.38 points, or 0.08 per cent, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36 per cent, to 5,995.75, and…
Source: Live Mint US stocks were muted on Monday, as a stopgap government funding bill averted a partial shutdown. At the open, the Dow Jones Industrial Average fell 39.8 points, or 0.09%, to 42800.49. The S&P 500 rose 9.4 points, or 0.16%, to 5940.25, while the Nasdaq Composite rose 68.5 points, or 0.35%, to 19641.05. …
Source: Live Mint After the hawkish stance of the US Federal Reserve last week, investors on Wall Street in the holiday-shortened week ahead will face a largely uneventful economic calendar. On Wednesday, markets will remain shut due to Christmas holiday, while Tuesday will see a truncated trading session. As the year 2024 is nearing its…
Source: Live Mint US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. The central bank is widely expected to cut rates by a quarter point. At 12:00 pm ET, the Dow Jones…
Source: Live Mint US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve’s interest rate decision following strong retail sales data, At the open, the Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47. The S&P 500 fell 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite dropped…
Source: Live Mint The S&P 500 and the Nasdaq edged higher on Monday, while the Dow was flat, as investors eyed anticipated Federal Reserve interest rate cut later in the week. At the open, the Dow Jones Industrial Average fell 2.3 points, or 0.01%, to 43825.76. The S&P 500 rose 12.7 points, or 0.21%, to…
Source: Live Mint The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. The central bank is widely expected to cut interest rates for a third time since September. Besides Fed decision, market participants will have a lot of economic data including…
Source: Live Mint Gold and silver have experienced a historic year, with both precious metals soaring to record highs and solidifying their status as preferred investment choices among investors. Precious metals have long been regarded as safe havens during periods of economic and political uncertainty, and 2024 was no exception. A confluence of global instability,…
