NEW YORK (AP) — U.S. stocks are drifting near a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was virtually unchanged in morning trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days. The Dow Jones Industrial Average was up 87 points, or […]
Dollar Seems At Largest Single Day Spike After Trump
The US dollar saw the largest single-day spike since 2020 following the poll results, noted an AngelOne Wealth report.A strong US dollar has historically been a negative for emerging markets, the report added The impact of a strong DXY is a huge macro headwindHere’s a quick look at what the poll results mean for equity, […]
US election results: How will a Trump win affect India?
Donald Trump seems set to be the 47th President of the United States as election results progress. You can read the highlights of Donald Trump’s victory speech in Florida.What does it mean for India? Adrian Mowat, Investor in Hong Kong SAR, believes India might benefit from Trump’s return to the White House, primarily, because of […]
Wall Street today: US stocks rise on Election Day as chips & techs rally
US stocks rose on Tuesday as chips and technology shares rallied, while investors awaited the outcome of the tightly contested presidential election and other potentially market-rattling events this week. The Dow Jones Industrial Average rose 249.82 points, or 0.60 per cent, to 42,044.42, the S&P 500 gained 45.37 points, or 0.79 per cent, to 5,758.06 […]
After falling for 4 weeks, a pullback is possible in Nifty. Here’s why
The recent downturn in the Nifty 50 has raised concerns amongst market participants. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, we are currently witnessing a more pronounced decline, with the index dropping below its 100-day moving average. This has prompted questions about whether the […]
U.S. Markets Slide Amid Rising Treasury Yields and Middle East Tensions
Today’s U.S. stock market experienced significant declines, driven by investor concerns over rising bond yields and ongoing geopolitical tensions in the Middle East. The Dow Jones fell by 398 points (1%), while the S&P 500 and Nasdaq dropped 1% and 1.2%, respectively. The surge in the 10-year Treasury yield to over 4% added to market […]
What Happen in Todays International Stock Market
Today, international stock markets are experiencing a mix of reactions, influenced by a variety of global factors. In Asia, Hong Kong’s Hang Seng Index took a significant hit, dropping more than 9%, driven by concerns over China’s economic outlook and regulatory pressures. European markets are also showing modest declines due to concerns over the Middle […]