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Source: Live Mint US stocks climbed on Wednesday after inflation data boosted investors’ hopes for interest rate cut by the Federal Reserve this year. Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones Industrial Average rose 409.5 points, or 0.96%, to 42,927.76. The…
Source: Live Mint US stock indices gained on Tuesday after softer-than-expected producer inflation data. The Producer Price Index (PPI) rose 3.3 per cent on an annual basis in December 2024. On a monthly basis, the index rose 0.2 per cent, showed a Labor Department report. At 09:50 a.m. ET, the Dow Jones Industrial Average rose…
Source: Live Mint Wall Street stocks edged lower on Monday, as Treasury yields climbed after robust jobs data last week bolstered expectations of a hawkish stance by the Federal Reserve for this year. Artificial-intelligence companies and bitcoin-related stocks were leading the markets down. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or…
Source: Live Mint After delivering moderate returns in 2024, Indian markets have lost 2.3 per cent in January 2025 so far. Today is the fourth straight day of losses for the benchmarks that have fallen in six out of the nine trading sessions so far in January. The losses come amid rising crude oil prices,…
Source: Live Mint The week ahead for Wall Street investors is going to be busy as they will witness crucial inflation data, with producer and consumer price reports slated to be declared. Among other economic data, market participants will also get retail sales and industrial production reports to monitor. The week will also see earnings…
Source: Live Mint US stock indices declined on Wednesday after softer-than-expected jobs data and a media report that said President-elect Donald Trump was mulling a national economic emergency declaration. An ADP National Employment report showed the US added 122,000 jobs in the private sector in December 2024. A separate Labor Department report showed jobless claims…
Source: Live Mint However, what about their value as investments? Are diamonds really forever? Mint asked experts to share investing lessons from diamonds’ two-decade-long price stagnation and whether modern-day assets like cryptocurrencies will meet the same fate. Radhika Gupta, MD and CEO at Edelweiss Asset Management Ltd The key thing is that some asset…
Source: Live Mint Market Outlook: The emerging markets (EM) posted decent returns for 2024, with most regional stock markets up for the year. The MSCI’s gauge for the emerging market stocks is set to end the year 5% higher, suggested a Reuters report, with Singapore set for a 17% annual rise, its best since 2017…
Source: Live Mint US stocks dropped on Monday on a sell-off in Big Tech companies and on elevated Treasury yields. At 09:57 am ET, the Dow Jones Industrial Average fell 651.52 points, or 1.52 per cent, to 42,340.69, the S&P 500 lost 89.52 points, or 1.51 per cent, to 5,881.32 and the Nasdaq Composite lost…
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…
