US stocks pulled back on Tuesday, led by a nearly 2% decline in the Nasdaq, following two days of gains as investors concerned about an economic slowdown looked to the Federal Reserve’s policy meeting for insights. The tech-heavy Nasdaq Composite (^IXIC) plummeted about 1.7% as Nvidia (NVDA) shares fell roughly 3% as its annual GTC event failed to impress […]
Dow Jones Futures Rise With U.S. Stock Market Shut
Dow Jones futures rose slightly Monday afternoon, along with S&P 500 futures and Nasdaq futures. The U.S. stock market is closed for Presidents Day. The stock market rally had a positive, volatile week, with the S&P 500 just below all-time highs. The Nasdaq and Dow Jones aren’t far behind. Several growth ETFs are hitting 52-week […]
Wall Street today
US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs. At 9:40 am […]
Inflation hit 7-month high of 3% in January
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Donald Trump rolls out myriad import tariffs. An underlying inflation measure also accelerated. Some economists said […]
Biggest Market Loss In History: Nvidia Stock Sheds Nearly $600 Billion As DeepSeek Shakes AI Darling
Shares of Nvidia plunged 17% by close, suffering its worst daily percentage loss since March 2020, when stocks briefly crashed at the start of the COVID-19 pandemic. Nvidia lost $589 billion in market capitalization Monday, which is by far the single greatest one-day value wipeout of any company in history, more than doubling the $279 billion […]
Budget 2025 Expectations
Budget 2025 Expectations Live: Finance Minister Nirmala Sitharaman is set to present the Union Budget for fiscal 2025-26 on February 1, marking her eighth consecutive budget presentation. This follows the longstanding tradition of unveiling the annual financial statement on the first day of February. Vivek Baj, Partner at Economic Laws Practice said that the upcoming […]
S&P 500 hangs near its record as markets worldwide drift
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 […]