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Source: Live Mint The U.S. market recently experienced a deep rapid correction, with the S&P 500 falling by 10% and the Nasdaq 100 by 14%. However, India’s stock market remained resilient amid the global sell-off. The Nifty 50 swiftly rebounded from its recent low of 21,964.6, surpassing the 23,000 threshold with ease. By Friday’s close,…
Source: Live Mint Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a…
Source: Live Mint Goldman Sachs is becoming more cautious about US credit and equity markets, becoming the latest Wall Street banking major to sound the alarm amid concerns of the escalating trade war battering the world’s largest economy. For equities, a team led by Goldman Sachs’s David Kostin cut their year-end S&P 500 target to…
Source: Live Mint Stock market today: The main domestic indices, Nifty 50 and Sensex, slipped on Wednesday, influenced by a decline in information technology stocks amid concerns about US economic growth that overshadowed broader advances. As of 12:15 IST, the Nifty 50 had decreased by 0.57% to 22,368.90, while the Sensex dropped by 0.53% to…
Source: Live Mint Indian technology stocks appear to be caught in a perfect storm, as a series of negative developments—particularly weak economic data from the U.S., where these companies have significant revenue exposure—have rattled investor confidence, leading to a severe sell-off on Dalal Street. Reports indicate that the U.S.’s series of tariff announcements could lead…
Source: Live Mint Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50-basis-points to 3% YoY, cutting rate cut hopes Read Full Article
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…
