The FinTech Hub
Source: Live Mint US stocks were drifting on Thursday, as investors assessed big earnings and markets awaited US President Donald Trump’s next move on trade curbs. At 11:26 a.m. ET, the Dow Jones Industrial Average fell 75.92 points, or 0.17%, to 44,797.36, the S&P 500 gained 14.66 points, or 0.24%, to 6,076.14 and the Nasdaq…
Source: Live Mint US stock indices declined at the open on Monday on worries over a full-blown trade war after President Donald Trump imposed steep tariffs on Mexico, Canada and China. Fears of a global trade war and its impact on the world economy also jolted the stock markets around the world. At the opening…
Source: Live Mint US stock indices declined at the open on Monday on worries over a full-blown trade war after President Donald Trump imposed steep tariffs on Mexico, Canada and China. At the opening bell, the Dow Jones Industrial Average fell 276.5 points, or 0.62%, to 44,268.15. The S&P 500 fell 70.9 points, or 1.17%,…
Source: Live Mint Wall Street investors will have a plenty of economic data to watch for in the week ahead. The major spotlight would be on jobs data for January, the University of Michigan’s preliminary consumer sentiment report, and manufacturing data for January. Besides economic data, the markets are likely to show some reactions to…
Source: Live Mint Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by…
Source: Live Mint Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. The Personal Consumption Expenditures (PCE) price index rose 2.6 per cent in December, up from 2.4 per cent in November but in line with analyst expectations. At 09:40 a.m. ET,…
Source: Live Mint Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38%, to 45054.36. The S&P 500 rose 25.6 points, or 0.42%, to 6096.79, while the Nasdaq…
Source: Live Mint US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.19 points, or 0.47 per cent, to 6,067.50, and the Nasdaq Composite added 74.76 points,…
Source: Live Mint (Bloomberg) — The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts. Most economists in a Bloomberg survey expect Governor Lesetja Kganyago to reduce the benchmark interest rate to…
Source: Live Mint US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. At 11:56 a.m. ET, the Dow Jones Industrial Average rose 64.23 points, or 0.14 per cent, to 44,775.51, the S&P 500 gained 29.71 points, or 0.49 per cent, to 6,041.99 and the Nasdaq Composite gained 240.65…
