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Source: Live Mint On Wall Street the S&P 500, the Nasdaq and the Dow Jones rose to all-time highs on Wednesday as Donald Trump won the 2024 US presidential election. The Dow Jones Industrial Average rose 1,450.11 points, or 3.43 per cent, to 43,671.12, the S&P 500 advanced 138.27 points, or 2.39 per cent, to 5,920.87…
Source: Live Mint US stocks rose on Tuesday, as investors awaited the outcome of the tightly contested presidential election and other potentially market-rattling events this week. At the opening bell, the Dow Jones Industrial Average rose 40.9 points, or 0.10 per cent, to 41835.49. The S&P 500 rose 9.7 points, or 0.17 per cent, to…
Source: Live Mint US stocks were mixed on Monday ahead of Tuesday’s presidential election and Federal Reserve’s expected rate cut decision later in the week. As of 1:57 pm Eastern time, the S&P 500 was slipping 0.1 per cent. The Dow Jones Industrial Average was down 0.5 per cent, and the Nasdaq Composite was 0.1…
Source: Live Mint As Wall Street is bracing for the US presidential election on Tuesday (November 5), market participants will keenly watch its outcome and the Federal Reserve’s monetary policy decision in the week ahead. According to several reports, Democrat candidate & US Vice President Kamala Harris and Republican opponent & former president Donald Trump…
Source: Live Mint There is a fundamental difference between financial investment products and other conventional products we consume. Investments have no ‘product’ with a look and feel. You are sacrificing your current consumption, expecting to get back a higher amount in future. An investment ‘product’ is created by a manufacturer through the brochure/other literature, and…
Source: Live Mint US stocks were mixed on Wednesday after data showed the economy maintained a solid pace of growth in the third quarter. At the opening bell, the Dow Jones Industrial Average rose 16.8 points, or 0.04%, to 42249.81. The S&P 500 fell 0.3 points to 5832.65, while the Nasdaq Composite rose 18.9 points,…
Source: Live Mint When you sell your old piece of jewellery to buy a new one, you are meant to pay capital gains tax on the sale. It is vital to note that the sale of gold, even for the purpose of buying a new ornament, is seen as the sale of an old asset….
Source: Live Mint US stocks edged lower on Tuesday as investors assessed a host of mixed earnings, while Treasury yields gained. At the opening bell, the Dow Jones Industrial Average fell 177.91 points, or 0.42%, to 42,209.66. The S&P 500 fell 7.34 points, or 0.13%, to 5,816.18, while the Nasdaq Composite rose 8.9 points, or…
Source: Live Mint People buy gold on Dhanteras primarily due to its auspiciousness, as this festival marks the beginning of Diwali and is believed to bring prosperity and good fortune. “Festivals in India are deeply intertwined with traditions, and buying gold during these auspicious times holds immense cultural significance,” notes Rituu B Jhaveri, Founder of…
Source: Live Mint If you plan to invest in digital gold this Diwali, remember that you have several options, including gold mutual funds, gold ETFs and gold bonds. With the government planning to discontinue gold bonds, investors can consider investing in gold ETFs and gold mutual funds. There are 17 gold exchange-traded funds (ETFs) with…
