The FinTech Hub
Source: Live Mint US stocks edged lower on Wednesday on a selloff in big tech shares, with concern about the economic impact of a tariffs war. A warning from the Congressional Budget Office that the Treasury risks a payment default in August also weighed on sentiments. As of 12:36 PM EDT, the S&P 500 was…
Source: Live Mint US stock indices rose slightly in choppy trade on signs of falling consumer confidence and amid uncertainties around President Donald Trump’s planned tariffs. On Monday, Trump said that not all of his threatened levies would be imposed on April 2 and some countries might get breaks. As of 10:30 AM Eastern time,…
Source: Live Mint US stocks surged on Monday, led by technology shares on reports of President Donald Trump’s administration likely to exclude a set of sector-specific tariffs that are on track to be imposed in April. As of 11:01 AM Eastern, the S&P 500 jumped 1.6 per cent, the Dow Jones Industrial Average rose 1.3…
Source: Live Mint Dalal Street and Wall Street often move in different directions, and that’s an opportunity for investors. The Indian and US markets may deliver similar long-term returns, but their paths aren’t the same. That’s where diversification works in your favour, according to Saurabh Mukherjea, founder of Marcellus Investment Managers. As per the expert,…
Source: Live Mint Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept…
Source: Live Mint Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its…
Source: Live Mint Wall Street stocks rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision due later in the day. The central bank is widely expected to leave the interest rate unchanged. Investors will also be eyeing new economic projections from Feb policymakers. At 09:48 a.m. ET the Dow Jones Industrial Average…
Source: Live Mint US stock indices declined on Tuesday, weighed down by tech shares, ahead of the Federal Reserve’s interest rates decision. At 11:47 a.m. ET the Dow Jones Industrial Average fell 330.66 points, or 0.79 per cent, to 41,510.97, the S&P 500 lost 68.07 points, or 1.20 per cent, to 5,606.90, and the Nasdaq…
Source: Live Mint US stock indices moved in different directions on Monday after mixed economic data and ahead of talks between US President Donald Trump and Russian President Vladimir Putin aimed at ending the Ukraine war. At 11:56 AM Eastern time, the S&P 500 was 0.16% higher, the Dow Jones Industrial Average was up 0.49%,…
Source: Live Mint In the week ahead on Wall Street, all eyes will be on the US Federal Reserve for its second monetary policy decision of this year. it is widely expected that the central bank would keep interest rates unchanged. Investors will also keenly watch comments from Fed Chair Jerome Powell during his press…
