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Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, fell slightly on Wednesday, continuing the downward trend from the previous day, as investors awaited the US Federal Reserve’s policy announcement, which will be scrutinized for cues regarding its future approach to interest rate cuts. Sensex was down 149.31 points to…
Source: Live Mint US economy adds 227,000 jobs in November Economists had forecast 200,000 new positions September and October payrolls revised up by 56,000 jobs Jobless rate rises to 4.2%; workforce contracts WASHINGTON, – U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate…
Source: Live Mint Wall Street today: US market indices gained on Wednesday, December 4, as traders appear more focused on the potential of lower interest rates and a strong third-quarter result of companies like Salesforce, Eli Lilly, etc. amid the political turmoil in South Korea, and France’s no-confidence vote eyeing to topple the existing government. …
Source: Live Mint A rally that drove stocks to a series of all-time highs showed signs of exhaustion, with investors awaiting this week’s key jobs report and Jerome Powell’s remarks for clues on whether Federal Reserve officials will cut interest rates in December. Wall Street traders also refrained from making riskier bets amid intense volatility…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, witnessed a flat opening on Thursday amid selling pressure seen in other Asian markets. Despite this, a positive buying trend emerged, largely attributed to the return of foreign investors. The Nifty 50 index opened at 24,274.15, marking minimal gains, while the…
Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
Source: Business Standard 3 min read Last Updated : Oct 04 2024 | 11:41 AM IST With anti-immigrant sentiments growing in countries like Australia, the UK, the US, and Canada, US Treasury Secretary Janet Yellen has spoken out about the benefits of immigration, asserting its importance for the American economy. Yellen made her case…
Source: Business Standard Seth also said that we need to watch out how other economies and markets will respond to the decision. (Photo: Shutterstock) 2 min read Last Updated : Sep 19 2024 | 4:04 PM IST Chief Economic Advisor V Anantha Nageswaran said on Thursday that the impact of the US Federal Reserve’s decision…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…
