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- Nasdaq closes at record as investors prepare for Fed rate decision
Nasdaq hit a record high on Monday, while the S&P 500 rose as investors awaited the Fed's rate decision. ...More
Nasdaq hit a record high on Monday, while the S&P 500 rose as investors awaited the Fed's rate decision. Markets anticipate a rate cut, but the Fed's guidance remains crucial. Manufacturing data weakened, and the Dow saw its longest losing streak since 2018. Tech stocks boosted the Nasdaq and S&P, with Tesla and Alphabet leading gains. ...Less
- Bitcoin buyer MicroStrategy's Nasdaq 100 entry to support stock rally
MicroStrategy shares rose about 3% on Monday as the software company and bitcoin buyer was set to join th ...More
MicroStrategy shares rose about 3% on Monday as the software company and bitcoin buyer was set to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock. ...Less
- Nasdaq hits 20,000 for first time as AI rally rages on
It has jumped more than 33% this year, outperforming the benchmark S&P 500 and blue-chip Dow, as technolo ...More
It has jumped more than 33% this year, outperforming the benchmark S&P 500 and blue-chip Dow, as technology megacaps including Nvidia, Microsoft and Apple add more heft to the index with their relentless surge. ...Less
- S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
Stocks showed mixed performance on Monday as investors awaited the Fed's rate decision and key economic d ...More
Stocks showed mixed performance on Monday as investors awaited the Fed's rate decision and key economic data. The S&P 500 and Nasdaq rose, while the Dow was flat. Traders anticipate a rate cut, but the focus is on the Fed's 2025 outlook. Strong economic data and persistent inflation complicate the decision-making process. Crypto stocks rallied on Trump's bitcoin reserve suggestion. ...Less
- Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows
Exchange operator Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straig ...More
Exchange operator Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straight year in 2024, as Wall Street looks for a bumper crop of initial public offerings in 2025. ...Less
- Wall Street ends higher on gains by most megacaps
Wall Street's major indexes ended higher on Monday, with gains in tech stocks and increased volumes on US ...More
Wall Street's major indexes ended higher on Monday, with gains in tech stocks and increased volumes on US exchanges. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experienced multiple consecutive increases. Qualcomm's shares rose following a favorable jury verdict, while Eli Lilly received FDA approval for a new treatment. ...Less
- S&P 500, Dow dip in choppy trading at start of holiday-shortened week
The S&P 500 and Dow Jones fell on Monday after a government funding bill prevented a U.S. shutdown. Inves ...More
The S&P 500 and Dow Jones fell on Monday after a government funding bill prevented a U.S. shutdown. Investors are cautious about the Federal Reserve's slower rate cuts next year. Trading volumes are expected to be low with upcoming holidays. Nvidia and Meta Platforms saw gains, while Walmart and Qualcomm experienced mixed results. ...Less
- MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge
MicroStrategy, the largest corporate holder of Bitcoin, will join the Nasdaq-100 on December 23rd. The co ...More
MicroStrategy, the largest corporate holder of Bitcoin, will join the Nasdaq-100 on December 23rd. The company's stock has surged over six-fold this year, driven by its aggressive Bitcoin investment strategy. This inclusion is expected to further boost its stock price and potentially pave the way for S&P 500 inclusion in 2025. ...Less
- Nasdaq outshines Wall Street peers on tech boost with focus on inflation data
The Nasdaq outperformed other indices, driven by tech stocks like Alphabet, while broader markets faltere ...More
The Nasdaq outperformed other indices, driven by tech stocks like Alphabet, while broader markets faltered. Investors awaited Wednesday's CPI report, which could influence the Fed's rate decision next week. Current bets favor a 25 basis point cut, but a pause in January is anticipated. Oracle and MongoDB fell after earnings, while Alaska Air and Boeing rose. ...Less
- US stocks rally after inflation data but close lower for the week
U.S. stocks rebounded on Friday following a cooler-than-anticipated inflation report and dovish Fed comme ...More
U.S. stocks rebounded on Friday following a cooler-than-anticipated inflation report and dovish Fed commentary, easing rate hike concerns. The PCE index rose 2.4% annually, slightly below estimates. Despite the rally, major indexes closed the week lower. Traders now anticipate Fed rate cuts in March and October 2025. Congressional efforts to avoid a government shutdown also influenced market activity. ...Less
- Dow surges 800 points, Nasdaq, S&P up 1.8% as cooling inflation eases rate-cut fears
Wall Street rallied on Friday following a cooler-than-anticipated inflation report, easing concerns after ...More
Wall Street rallied on Friday following a cooler-than-anticipated inflation report, easing concerns after the Federal Reserve's rate reduction forecast. The PCE index rose less than expected, boosting stocks and lowering Treasury yields. Despite the positive data, the Fed's hawkish stance continues to pressure markets, with traders adjusting rate cut bets for 2025. "Triple witching" added to market volatility. ...Less
- US stocks end flat after Fed-induced selloff as early bounce fades
Wall Street saw a mixed close on Thursday, with the Dow Jones Industrial Average barely halting a 10-day ...More
Wall Street saw a mixed close on Thursday, with the Dow Jones Industrial Average barely halting a 10-day losing streak, its longest since 1974. This followed the Federal Reserve's projection of fewer interest rate cuts and higher inflation than previously anticipated. Economic data, including lower jobless claims and upwardly revised GDP growth, supported the Fed's outlook. ...Less
- Dow crashes 500 points, Nasdaq down 2% after Fed cuts rates by 0.25% as expected
Wall Street stumbled on Wednesday, with major indices tumbling after the Federal Reserve implemented a qu ...More
Wall Street stumbled on Wednesday, with major indices tumbling after the Federal Reserve implemented a quarter-point interest rate cut but hinted at a slower pace of future reductions. Concerns over tariffs and a robust labor market contributed to the Fed's cautious outlook. ...Less
- US stocks bounce back day after Fed's hawkish cut triggers selloff
Wall Street's main indexes broadly rose at the open on Thursday, a day after the Federal Reserve's projec ...More
Wall Street's main indexes broadly rose at the open on Thursday, a day after the Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation next year wrong footed some investors and pummeled U.S. stocks. ...Less
- US stocks muted as caution prevails ahead of Fed decision
Wall Street's main indexes opened flat Wednesday, as investors turned cautious ahead of the Federal Reser ...More
Wall Street's main indexes opened flat Wednesday, as investors turned cautious ahead of the Federal Reserve's final rate decision of the year and awaited signals on whether policymakers will take a more cautious stance in 2025. ...Less
- Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Wall Street's S&P 500 and tech-heavy Nasdaq rose on Wednesday, with the Nasdaq crossing 20,000 for the fi ...More
Wall Street's S&P 500 and tech-heavy Nasdaq rose on Wednesday, with the Nasdaq crossing 20,000 for the first time, fueled by a U.S. inflation report and hopes of a Fed rate cut. The Dow Jones dipped slightly, impacted by proposed legislation affecting health insurers. Strong gains in tech stocks like Tesla and Nvidia drove the market's upward momentum. ...Less
- US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in de ...More
Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years. The optimistic outlook propelled the company's shares 24% higher, pushing its market capitalization past $1 trillion for the first time. ...Less
- US stocks fall on caution over Fed decision after strong retail sales
Tech stocks dipped on Tuesday as investors awaited the Federal Reserve's interest rate decision. Stronger ...More
Tech stocks dipped on Tuesday as investors awaited the Federal Reserve's interest rate decision. Stronger-than-anticipated retail sales data fueled expectations of a cautious Fed in 2025. The Dow, S&P 500 and Nasdaq all fell, while the VIX rose. Despite the dip, the S&P 500 remains on track for its best year since 2019. ...Less
- S&P 500, Nasdaq climb on tech boost; focus remains on data
The S&P 500 and Nasdaq saw gains on Monday, driven by technology stocks. Key economic data releases this ...More
The S&P 500 and Nasdaq saw gains on Monday, driven by technology stocks. Key economic data releases this week include the November nonfarm payrolls report, October job openings, and November private payrolls. Intel rose with CEO retirement news, while Tesla led gains in megacap stocks. ...Less
- Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
The Nasdaq reached a record 20,000, driven by rate cut expectations. However, robust economic growth and ...More
The Nasdaq reached a record 20,000, driven by rate cut expectations. However, robust economic growth and persistent inflation may slow the Fed's easing pace. This uncertainty, coupled with rising bond yields, poses a potential risk to the stock market's continued rally, particularly for tech stocks showing signs of overextension. ...Less
- US stocks open higher after Broadcom's upbeat forecast
Wall Street's main indexes opened higher on Friday after an upbeat forecast from Broadcom kept alive the ...More
Wall Street's main indexes opened higher on Friday after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and boosted chip stocks. ...Less
- Wall Street closes lower as investors assess data after recent gains
Wall Street retreated Thursday as investors weighed economic data before next week's Federal Reserve meet ...More
Wall Street retreated Thursday as investors weighed economic data before next week's Federal Reserve meeting. Producer prices rose more than expected, while jobless claims increased. The Nasdaq, after hitting a record high Wednesday, fell, along with the Dow and S&P 500. Mixed tech results and Adobe's weak forecast impacted markets. Warner Bros. Discovery surged on restructuring news. ...Less
- S&P 500, Nasdaq post record highs as tech-related shares gain
The Nasdaq and S&P 500 achieved record closing highs, driven by tech-related shares following strong Nove ...More
The Nasdaq and S&P 500 achieved record closing highs, driven by tech-related shares following strong November gains as investors awaited key economic data, including the upcoming jobs report. Meanwhile, the Dow fell, and sectors such as technology, communication services, and consumer discretionary rose by about 1% each. ...Less
- US stocks open flat to lower after hot economic data
Wall Street's main indexes opened flat to lower on Thursday after the S&P 500 and the Nasdaq ended the pr ...More
Wall Street's main indexes opened flat to lower on Thursday after the S&P 500 and the Nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the Federal Reserve's meeting. ...Less
- Asian stocks rise after US inflation backs Fed cut
Australian and Japanese equities climbed while Hong Kong futures were steady. The S&P 500 rose 0.8% and t ...More
Australian and Japanese equities climbed while Hong Kong futures were steady. The S&P 500 rose 0.8% and the Nasdaq 100 advanced 1.9% to a new high Wednesday, with the strong showing for tech pushing Amazon.com Inc and Meta Platforms Inc. to fresh records. Broadcom Inc. rose 6.6% following a report that the chipmaker was working on an AI deal with Apple Inc. ...Less
- US stocks advance as inflation data cements December rate-cut hopes
Wall Street's main indexes climbed on Wednesday following an in-line inflation report, bolstering expecta ...More
Wall Street's main indexes climbed on Wednesday following an in-line inflation report, bolstering expectations of a Federal Reserve interest rate cut this month. The CPI rose 0.3% in November, matching forecasts, while core inflation reached 3.3%. This positive data pushed market indexes higher, with the S&P 500 and Nasdaq nearing all-time highs. ...Less
- Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall Street's main indexes climbed on Wednesday, with the S&P 500 and Nasdaq hitting record highs, fueled ...More
Wall Street's main indexes climbed on Wednesday, with the S&P 500 and Nasdaq hitting record highs, fueled by tech stocks. Investors awaited comments from Fed Chair Jerome Powell. Private payrolls saw moderate growth, while Salesforce boosted the Dow after exceeding revenue forecasts. Markets also focused on upcoming economic data releases. ...Less
- Tech stocks drag on S&P 500, Nasdaq after inflation data
Stocks showed mixed performance as tech shares declined while investors assessed the latest inflation dat ...More
Stocks showed mixed performance as tech shares declined while investors assessed the latest inflation data and the Federal Reserve's potential response. The PCE index met expectations but remained above the Fed's target. Solid economic growth and falling jobless claims were also reported, adding to the complexity of the Fed's decision-making process. ...Less
- Nasdaq, S&P 500 post record closing highs; investors await more data
The S&P 500 and Nasdaq reached record highs with tech shares gaining, while the Dow slightly dropped. Inv ...More
The S&P 500 and Nasdaq reached record highs with tech shares gaining, while the Dow slightly dropped. Investors await key jobs data and the Federal Reserve's rate decision. Amazon and Salesforce saw notable increases, while Tesla's sales in China declined. U.S. job openings rose in October. ...Less
- Technology stocks pull down Wall Street ahead of inflation data
Wall Street's main indexes opened flat to lower on Monday, after the S&P 500 and the Nasdaq notched recor ...More
Wall Street's main indexes opened flat to lower on Monday, after the S&P 500 and the Nasdaq notched record closing highs in the previous session on upbeat corporate forecasts, while investors awaited a key inflation report this week. ...Less
- Market Wrap: Sensex skids over 200 points, Nifty below 24,650 as FMCG stocks weigh
Indian benchmark indices ended in red on Monday, snapping the momentum of their best week in six months, ...More
Indian benchmark indices ended in red on Monday, snapping the momentum of their best week in six months, as consumer stocks witnessed major declines after industry major Godrej Consumer's bleak Q3 forecast sparked concerns of a sector-wide demand slowdown. ...Less
- US markets seeing one of the strongest rallies. Is this momentum here to stay?
The S&P 500 has breached the 6,000 mark, but the Warren Buffett Indicator suggests significant overvaluat ...More
The S&P 500 has breached the 6,000 mark, but the Warren Buffett Indicator suggests significant overvaluation. This ratio, comparing market capitalization to GDP, is currently at 209.2%, far above the "Significantly Overvalued" threshold. While this doesn't guarantee an immediate correction, it signals potential risks for investors. ...Less
- S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
Markets saw mixed results Friday as the Nasdaq and S&P 500 hit record highs, fueled by strong company for ...More
Markets saw mixed results Friday as the Nasdaq and S&P 500 hit record highs, fueled by strong company forecasts and job data suggesting further Fed rate cuts. However, the Dow dipped due to a drop in UnitedHealth Group shares. Lululemon's surge boosted consumer discretionary stocks. Rate cut expectations increased following the jobs report. ...Less
- S&P 500, Nasdaq open higher as investors assess Trump's tariff threats
The benchmark S&P 500 and the Nasdaq opened higher on Tuesday, with investors assessing Donald Trump's ta ...More
The benchmark S&P 500 and the Nasdaq opened higher on Tuesday, with investors assessing Donald Trump's tariff pledges on top trade partners of the U.S. and awaiting minutes from the Federal Reserve's latest meeting. ...Less
- Nasdaq, S&P close higher as investors await Nvidia earnings
The Nasdaq and S&P 500 edged higher on Monday, fueled by anticipation for Nvidia's earnings report and Te ...More
The Nasdaq and S&P 500 edged higher on Monday, fueled by anticipation for Nvidia's earnings report and Tesla's potential gains under the incoming Trump administration. Investors are eager to assess the sustainability of the AI-driven market rally and the impact of potential policy changes on key sectors. ...Less
- US stocks rise after monthly jobs data boosts December rate-cut bets
Wall Street's main indexes opened higher on Friday as traders increased bets on a Federal Reserve rate cu ...More
Wall Street's main indexes opened higher on Friday as traders increased bets on a Federal Reserve rate cut this month after the November payrolls report. ...Less
- US stocks little changed as spotlight remains on jobs data
US stock markets saw mixed performance. The Dow and S&P 500 dipped slightly. Nasdaq reached a new intrada ...More
US stock markets saw mixed performance. The Dow and S&P 500 dipped slightly. Nasdaq reached a new intraday high. Investors awaited Friday's jobs report. Tesla's stock surged after price target increases. Cryptocurrency-related stocks jumped following Bitcoin's rise. Airline stocks gained after positive forecasts. Some tech companies saw declines after earnings reports. ...Less
- Tech rally, Powell comments boost indexes to record closing highs
U.S. stock indexes hit record highs Wednesday, fueled by tech gains after strong Salesforce results and F ...More
U.S. stock indexes hit record highs Wednesday, fueled by tech gains after strong Salesforce results and Fed Chair Powell's comments. Powell indicated a potentially more cautious approach to future rate cuts due to the stronger economy. Salesforce surged 11%, boosting other cloud companies. Investors await Friday's jobs report. ...Less
- US stocks mixed with focus on more data, Fed commentary
Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels i ...More
Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week along with more data and commentary from Federal Reserve officials. ...Less
- Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
US stock markets fell on Wednesday. Tech stocks led the decline. Consumer spending rose, but inflation re ...More
US stock markets fell on Wednesday. Tech stocks led the decline. Consumer spending rose, but inflation remained stubborn. Traders expect a Fed rate cut in December, but not in early 2024. Trump's tariff threats added to market uncertainty. Dell and HP's weak forecasts impacted the tech sector. The S&P 500 and Nasdaq saw significant drops. The Dow Jones also fell. ...Less
- US stocks inch up on Black Friday, with retailers in focus
Wall Street's main indexes opened slightly higher on Black Friday, with retail stocks gaining attention a ...More
Wall Street's main indexes opened slightly higher on Black Friday, with retail stocks gaining attention amid holiday shopping. The Dow Jones rose 0.31%, the S&P 500 advanced 0.23%, and the Nasdaq gained 0.25%. Retailers and information technology stocks, including Nvidia and Apple, contributed to the gains, while chip stocks rebounded. Trump¡¯s pro-business policies also spurred optimism. ...Less
- World markets head for reality check after month of Trump
November saw clear winners and losers from Trump's election victory. Trump trades drove investment toward ...More
November saw clear winners and losers from Trump's election victory. Trump trades drove investment towards U.S. stocks and the dollar. Wall Street rallied, and the dollar gained. Bitcoin surged. Tech, banks, and bond markets were affected. December could be bumpy with potential bond market backlash and tariff impacts on inflation and supply chains. ...Less
- US stocks open higher as Trump's Treasury selection boosts sentiment
Wall Street's main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven ...More
Wall Street's main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent's nomination as Treasury Secretary in the incoming Trump administration. ...Less
- Nasdaq hits record high as Alphabet earnings beat estimates
The Nasdaq reached a record high, while the S&P 500 rose modestly and the Dow fell, as investors assessed ...More
The Nasdaq reached a record high, while the S&P 500 rose modestly and the Dow fell, as investors assessed corporate earnings. Alphabet, a key tech stock, surpassed revenue estimates, highlighting the week's critical earnings reports. However, mixed results in sectors like housing and autos, along with rising Treasury yields, temper market gains. ...Less
- S&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and Dow Jones Industrial Average reached one-week highs on Friday, driven by positive economi ...More
The S&P 500 and Dow Jones Industrial Average reached one-week highs on Friday, driven by positive economic data indicating a robust economy. Small-cap stocks outperformed large-cap indexes, while the Nasdaq Composite saw a slight decline. The gains were tempered by concerns over Alphabet's potential monopoly in online search and geopolitical tensions between Ukraine and Russia. ...Less
- Nasdaq closes higher ahead of a heavy week of earnings
The Nasdaq rose on Friday, driven by gains in megacap shares, including Tesla, Amazon, Apple, and Microso ...More
The Nasdaq rose on Friday, driven by gains in megacap shares, including Tesla, Amazon, Apple, and Microsoft. Investors await next week's major tech earnings and U.S. employment data for Federal Reserve rate guidance. Banking shares and McDonald's faced setbacks, contributing to the Dow's decline. ...Less
- US stocks open subdued ahead of Nvidia earnings
The Dow Jones Industrial Average rose 27.1 points, or 0.06%, at the open to 43,296.05. ...More
The Dow Jones Industrial Average rose 27.1 points, or 0.06%, at the open to 43,296.05. ...Less
- US stocks falls as mounting Russia-Ukraine tensions cause jitters
Wall Street's main indexes declined as escalating Russia-Ukraine tensions fueled a global risk-off sentim ...More
Wall Street's main indexes declined as escalating Russia-Ukraine tensions fueled a global risk-off sentiment, driving investors towards safe-haven assets. Despite geopolitical concerns and a crucial week for U.S. markets, investor outlook for equities remains positive. ...Less
- US stocks jump on Election Day as investors eye outcome
U.S. stocks rallied on Tuesday, fueled by positive economic data, but the looming presidential election k ...More
U.S. stocks rallied on Tuesday, fueled by positive economic data, but the looming presidential election kept investors on edge. The tight race between Donald Trump and Kamala Harris, coupled with the potential for a split Congress, injected uncertainty into the markets. ...Less
- S&P 500, Nasdaq rebound as Tesla shares soar
The S&P 500 and the Nasdaq opened higher on Thursday, recovering from a selloff in the previous session, ...More
The S&P 500 and the Nasdaq opened higher on Thursday, recovering from a selloff in the previous session, as gains in Tesla shares after its optimistic earnings forecast lifted indexes. ...Less
- US stocks mixed with Nvidia earnings, Fed policy in focus
Wall Street experienced mixed trading as investors awaited Nvidia's earnings report, a key indicator for ...More
Wall Street experienced mixed trading as investors awaited Nvidia's earnings report, a key indicator for the AI sector's momentum. Positive news about potential easing of regulations on self-driving cars boosted Tesla's stock, while concerns about the Federal Reserve's policy direction and Trump's cabinet appointments continued to weigh on the market. ...Less
- Four key shareholders of ReNew energy offer buyout to facilitate Nasdaq delisting
A consortium of ReNew Energy Global Plc's major shareholders, including its founder, has proposed to acqu ...More
A consortium of ReNew Energy Global Plc's major shareholders, including its founder, has proposed to acquire the remaining 28.3% stake, valuing the company at around $2.7 billion. This move aims to delist the green energy firm from Nasdaq, where its shares have underperformed since its 2021 listing. The offer price represents a premium, but still significantly below its initial valuation. ...Less
- US stock market today: S&P 500, Dow Jones, Nasdaq climb, Magnificent Seven tech stocks soar; Check top gaining shares
US stock market is entering 'Santa Claus Rally' as Wall Street's indexes S&P 500, Dow Jones Industrial Av ...More
US stock market is entering 'Santa Claus Rally' as Wall Street's indexes S&P 500, Dow Jones Industrial Average, and Nasdaq Composite will look to consolidate. ...Less
- ReNew Energy Global agrees to sell 300 MW operating solar power plant to Anzen India Energy Yield Plus Trust
ReNew Energy Global Plc has agreed to sell a 300 MW solar power plant in Rajasthan to Anzen India Energy ...More
ReNew Energy Global Plc has agreed to sell a 300 MW solar power plant in Rajasthan to Anzen India Energy Yield Plus Trust, part of the Edelweiss group, for $176 million. Additionally, it will receive about $17 million due to changes in customs duty, safeguard duty, and GST. ...Less
- US stocks sink on Powell rate-cut caution, Trump cabinet picks
Wall Street's major indexes experienced their most significant single-day decline in two weeks, driven by ...More
Wall Street's major indexes experienced their most significant single-day decline in two weeks, driven by concerns over a potential slowdown in interest rate cuts and reactions to President-elect Donald Trump's cabinet appointments. ...Less
- Nikkei closes at 2-week peak as tech shares track Nasdaq higher
Overnight, the Nasdaq scored a record closing high and the S&P 500 rose, while the Dow fell as investors ...More
Overnight, the Nasdaq scored a record closing high and the S&P 500 rose, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet's results that came after the market close. ...Less
- Wall Street drops at the open after Powell dents rate-cut hopes
The Dow Jones Industrial Average declined by 162.9 points, or 0.37%, to open at 43,587.93. The S&P 500 dr ...More
The Dow Jones Industrial Average declined by 162.9 points, or 0.37%, to open at 43,587.93. The S&P 500 dropped 36.4 points, or 0.61%, opening at 5,912.79, while the Nasdaq Composite fell 177.7 points, or 0.93%, to begin the day at 18,929.92. ...Less
- US stocks struggle for direction after in-line monthly producer prices
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of produc ...More
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates. ...Less
- Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
U.S. stocks saw mixed results on Wednesday as October's consumer price index met expectations, bolstering ...More
U.S. stocks saw mixed results on Wednesday as October's consumer price index met expectations, bolstering predictions of a December interest rate cut by the Federal Reserve. The CPI's 0.2% rise, aligning with forecasts, pushed trader bets for a rate cut above 80%. ...Less
- Motilal Oswal Mutual Fund discontinue SIPs and SIP Top-Ups in two international funds
As of October 30, 2024 (the latest available data), the Motilal Oswal S&P 500 Index Fund had an AUM of Rs ...More
As of October 30, 2024 (the latest available data), the Motilal Oswal S&P 500 Index Fund had an AUM of Rs 3,532 crore, while the Motilal Oswal Nasdaq 100 Fund of Fund had an AUM of Rs 5,469 crore. ...Less
- US stocks edge higher after inflation data keeps Fed rate-cut hopes intact
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the ...More
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December. ...Less
- Wall Street indexes dip with focus on Trump policies, economic data
U.S. stocks fell on Tuesday as investors locked in profits from a post-election rally and awaited inflati ...More
U.S. stocks fell on Tuesday as investors locked in profits from a post-election rally and awaited inflation data. Concerns about the impact of Trump's policies on inflation and global growth dampened investor enthusiasm. European shares also tumbled, while rising U.S. Treasury yields added pressure to equities. ...Less
- US stocks muted as focus moves to economic data
Wall Street was steady at the open on Tuesday as focus shifted from the U.S. election to key inflation da ...More
Wall Street was steady at the open on Tuesday as focus shifted from the U.S. election to key inflation data later in the week for more signals on the country's economic and monetary policy outlook. ...Less
- Girish Mathrubootham sells $40 million worth of Freshworks stock
The chairman of the board of directors of Freshworks sold 2.5 million shares in two tranches on December ...More
The chairman of the board of directors of Freshworks sold 2.5 million shares in two tranches on December 18 and 19, filings made with the US Securities and Exchange Commission (SEC) showed. Before this, he held around a 5% stake in the company. In February this year, he had divested shares worth $9.6 million. ...Less
- Trump-fueled rally propels Wall Street to record highs
Wall Street's main indexes, propelled by post-election momentum, reached record highs. Tesla's surge past ...More
Wall Street's main indexes, propelled by post-election momentum, reached record highs. Tesla's surge past a trillion-dollar market value and robust financial stocks fueled the rally. Despite the Nasdaq's slight dip, investor optimism remained high, bolstered by anticipated tax cuts and a favorable regulatory environment. ...Less
- Nasdaq, S&P end higher as Tesla jumps, yields pull back
Nasdaq and S&P 500 gained driven by Tesla's strong earnings forecast and falling Treasury yields. Tesla's ...More
Nasdaq and S&P 500 gained driven by Tesla's strong earnings forecast and falling Treasury yields. Tesla's shares surged 21.9%, boosting the Consumer Discretionary sector, despite mixed results from other companies. Treasury yields eased after hitting a three-month high, impacting overall market sentiment. ...Less
- S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
The S&P 500 briefly surpassed 6,000 points for the first time as investors celebrated Trump's election vi ...More
The S&P 500 briefly surpassed 6,000 points for the first time as investors celebrated Trump's election victory and a likely Republican sweep in Congress. The markets soared this week, posting their best week in a year, fueled by expectations of business-friendly policies and a Fed rate cut. ...Less
- Is Wall Street realising that a Trump presidency might not be great for stocks? Dow in a 9-day losing streak, its longest since 1978
The Dow's nine-day losing streak serves as a reminder that market dynamics can shift rapidly, and what in ...More
The Dow's nine-day losing streak serves as a reminder that market dynamics can shift rapidly, and what initially appears to be a bullish trend can quickly turn bearish. ...Less
- Motilal says its Nasdaq ETFs may trade at premium to NAVs, check before buying
Motilal Oswal Mutual Fund announced that its two international ETFs ¨C Motilal Oswal NASDAQ 100 ETF and Mo ...More
Motilal Oswal Mutual Fund announced that its two international ETFs ¨C Motilal Oswal NASDAQ 100 ETF and Motilal Oswal NASDAQ Q50 ETF ¨C may trade at a premium to their indicative Net Asset Value (iNAV) due to increased demand. ...Less
- S&P 500, Dow set for best week this year on Trump win, rate cut
Wall Street opened on a muted note on Friday, as a rally powered by a sweeping Trump win and an expected ...More
Wall Street opened on a muted note on Friday, as a rally powered by a sweeping Trump win and an expected interest-rate cut paused, with the main stocks indexes set for strong weekly gains. ...Less
- Software startup ServiceTitan valued at $8.97 billion as shares jump 42% in Nasdaq debut
ServiceTitan's shares soared 42% on their Nasdaq debut, valuing the cloud-based software company at nearl ...More
ServiceTitan's shares soared 42% on their Nasdaq debut, valuing the cloud-based software company at nearly $9 billion. The IPO, priced above the raised range, generated $625 million. This success reflects renewed investor confidence in the IPO market, following strong performances by recent tech listings like Reddit and Rubrik. ...Less
- US stocks close higher after Fed cuts interest rates
US stock market closed higher after the Federal Reserve cut interest rates. The rate cut followed Donald ...More
US stock market closed higher after the Federal Reserve cut interest rates. The rate cut followed Donald Trump's return as US president. Market reacted positively to Trump's policies. The Dow Jones Industrial Average remained flat. The S&P 500 and Nasdaq Composite gained. Communication services sector led the gains. Financials sector declined. ...Less
- US stocks extend rally from Trump victory, ahead of Fed rate decision
Wall Street's main stock indexes hit record highs in the run-up to an interest-rate decision from the Fed ...More
Wall Street's main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday, extending a sharp rally sparked by Donald Trump's stunning comeback as U.S. president for a second time. ...Less
- US stocks surge to record highs as Trump returns to presidency
US stock market surged with Dow, S&P 500, and Nasdaq closing at all-time highs. This followed Donald Trum ...More
US stock market surged with Dow, S&P 500, and Nasdaq closing at all-time highs. This followed Donald Trump's victory in the 2024 US presidential election. Investors anticipate policy changes including tax cuts and deregulation. Financial sectors, particularly banks, saw significant gains. Treasury yields rose, impacting interest rates and potentially affecting small businesses. ...Less
- Dow soars over 1,350 points as Wall Street hits new highs after Trump wins US Presidential polls
The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican D ...More
The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House. ...Less
- Wall Street is counting on stocks to rally after election hurdle
While US equities are coming off their first monthly loss since April, the drop of less than 3% was more ...More
While US equities are coming off their first monthly loss since April, the drop of less than 3% was more benign than the historical pattern of 4%-5% selloffs on average in October going into close presidential races, according to Deutsche Bank AG. ...Less
- US stocks gain on election day as technology, chip stocks rise
Wall Street's main indexes rose on Tuesday as tech and chip stocks gained. Investors were bracing for vol ...More
Wall Street's main indexes rose on Tuesday as tech and chip stocks gained. Investors were bracing for volatility as voting began in a tight U.S. presidential election. Markets remained calm despite the close race between the former president and his opponent. Upbeat forecasts from chipmakers and easing treasury yields boosted growth stocks. ...Less
- Equity mutual funds deliver up to 3% return in the last week. Here’s a breakup
For more such web stories click on the ET icon below ...More
For more such web stories click on the ET icon below ...Less
- US stocks struggle for direction as uncertainty around U.S. election grows
U.S. stock indexes experienced a mixed trading day on Monday as investors awaited the presidential electi ...More
U.S. stock indexes experienced a mixed trading day on Monday as investors awaited the presidential election and the Federal Reserve's interest rate decision. The market showed caution due to the close presidential race and the potential impact on various sectors. Investors also anticipated a likely interest rate cut by the Federal Reserve. ...Less
- US Stock market prediction: S&P 500, Nasdaq, Dow Jones to be impacted by US Fed rate decision
US Stock market indexes -- S&P 500, Nasdaq, Dow Jones -- will face a big factor in guise of the US Federa ...More
US Stock market indexes -- S&P 500, Nasdaq, Dow Jones -- will face a big factor in guise of the US Federal Reserve meeting. ...Less
- F&O Talk| Nifty to face resistance around the 25,400, consolidation likely in 2025: Rahul Ghose of Hedged.in
Indian equity markets experienced volatility, ending with modest gains driven by easing inflation and IT ...More
Indian equity markets experienced volatility, ending with modest gains driven by easing inflation and IT sector optimism. Expert analysis suggests a consolidation phase, with potential for further upside but also resistance at higher levels. FIIs show recent selling, while specific sectors like IT and FMCG offer potential opportunities. ...Less
- MFs raise red flag on buying International ETFs at a premium
Investors taking this route can find their returns erode, when the NAV and market price converge. Several ...More
Investors taking this route can find their returns erode, when the NAV and market price converge. Several ETFs, based on US markets, are currently trading at a premium to their NAVs due to renewed interest among investors to diversify and take an exposure to the US markets after Donald Trump's recent win in the US Presidential poll. ...Less
- US stocks open higher boosted by Amazon's strong earnings
Stock indexes opened higher on Friday, as Amazon's strong earnings mitigated Apple's weaker China sales a ...More
Stock indexes opened higher on Friday, as Amazon's strong earnings mitigated Apple's weaker China sales and investors weighed a sharp reduction in U.S. jobs growth in October. ...Less
- Tech stocks lift Nasdaq, S&P 500; Netflix soars after results
The S&P 500 and Nasdaq gained, led by tech stocks, with Netflix soaring 10.2% on robust subscriber growth ...More
The S&P 500 and Nasdaq gained, led by tech stocks, with Netflix soaring 10.2% on robust subscriber growth. Apple and Nvidia also rose. Meanwhile, American Express' revenue miss dragged the Dow down. Positive earnings and economic data kept main indexes on track for weekly gains. ...Less
- US election, tech jitters rattle world stocks
Japan's Nikkei average fell 2% on Friday, affected by Wall Street's decline and a stronger yen. All three ...More
Japan's Nikkei average fell 2% on Friday, affected by Wall Street's decline and a stronger yen. All three major US indexes also fell 3% on Thursday due to rising artificial intelligence costs. The Bank of Japan maintained low-interest rates, further strengthening the yen. European and Asian markets also saw mixed results, influenced by inflation and manufacturing data. ...Less
- Wall St dips as Meta, Microsoft warnings cast pall over AI stocks
Wall Street's main indexes opened lower on Thursday as warnings from Meta Platforms and Microsoft about r ...More
Wall Street's main indexes opened lower on Thursday as warnings from Meta Platforms and Microsoft about rising AI costs sobered some of the buzz around megacap stocks, which have been the market's primary driver this year. ...Less
- Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year
Donald Trump, named Time's 2024 Person of the Year, will ring the New York Stock Exchange's opening bell ...More
Donald Trump, named Time's 2024 Person of the Year, will ring the New York Stock Exchange's opening bell on Thursday. This marks a dual recognition for the former president, who has often viewed the stock market as a barometer of public approval and cherished symbols of business success. ...Less
- US stocks subdued as investors weigh earnings, data
U.S. stock indexes were subdued at the open on Wednesday, as investors assessed mixed earnings reports an ...More
U.S. stock indexes were subdued at the open on Wednesday, as investors assessed mixed earnings reports and data that showed the economy maintained a solid pace of growth in the third quarter. ...Less
- Wall Street struggles for direction ahead of Alphabet earnings
Wall Street opened lower on Tuesday as investors assessed a host of corporate results and looked ahead to ...More
Wall Street opened lower on Tuesday as investors assessed a host of corporate results and looked ahead to Google-parent Alphabet's earnings later in the day, while gains in U.S. Treasury yields also pressured equities. ...Less
- Nasdaq jumps over 1% at open after strong payrolls data
The Dow Jones Industrial Average opened up by 236.7 points (0.56%) at 42,248.26, while the S&P 500 gained ...More
The Dow Jones Industrial Average opened up by 236.7 points (0.56%) at 42,248.26, while the S&P 500 gained 37.5 points (0.66%) to start at 5,737.48. ...Less
- US stocks rise as markets await megacap earnings, election
Wall Street opened higher with major indexes rebounding after a volatile week, driven by anticipation of ...More
Wall Street opened higher with major indexes rebounding after a volatile week, driven by anticipation of earnings from megacap companies and the upcoming presidential election. Focus remains on AI-driven capital expenditure and economic data, while energy sector experiences a drop amid geopolitical tensions. ...Less
- Wall St gains as easing Treasury yields lift megacaps
U.S. indexes rose on Friday as Treasury yields fell, easing pressure on megacap stocks. Apple, Tesla, and ...More
U.S. indexes rose on Friday as Treasury yields fell, easing pressure on megacap stocks. Apple, Tesla, and other key firms saw gains. Investors are cautious ahead of crucial earnings reports next week, including major technology firms and nonfarm payrolls data. ...Less
- Super Micro Computer gets extension to file delayed annual report
The company in August cited a need to assess "its internal controls over financial reporting" for the del ...More
The company in August cited a need to assess "its internal controls over financial reporting" for the delay, a day after Hindenburg Research disclosed a short position. Super Micro said on Friday it expects to file all its required reports by February 25, in order for the stock to remain listed on the Nasdaq. ...Less
- US stocks dip as bond yields rise; McDonald's, Coca-Cola slip
Wall Street's main indexes opened lower on Wednesday, pressured by rising Treasury yields and as investor ...More
Wall Street's main indexes opened lower on Wednesday, pressured by rising Treasury yields and as investors focused on earnings from companies including Coca-Cola, Boeing and Starbucks. ...Less
- Wall Street closes little changed while investors digest yields, earnings
U.S. stocks saw mixed results with Nasdaq gaining, while investors monitored Treasury yields and awaited ...More
U.S. stocks saw mixed results with Nasdaq gaining, while investors monitored Treasury yields and awaited further earnings reports. Consumer staples led gains in the S&P 500, while GE Aerospace's slump impacted the Industrials index. Microsoft rose, but rate-sensitive homebuilding stocks declined. ...Less
- US stocks pressured by higher yields, investors assess earnings
U.S. stock indexes opened lower on Tuesday, as rising Treasury yields pressured rate-sensitive shares, wh ...More
U.S. stock indexes opened lower on Tuesday, as rising Treasury yields pressured rate-sensitive shares, while investors parsed the latest set of company results to gauge the health of major corporations. ...Less
- US stock market: Nvidia, Walmart, Target earnings, Federal Reserve policy to dictate S&P 500, Nasdaq, Dow Jones
US stock market indexes -- S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, are waiting for N ...More
US stock market indexes -- S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, are waiting for Nvidia third-quarter earnings, Federal Reserve, and results from major retailers including Walmart, Lowe's Companies and Target. ...Less
- US stocks muted as investors cautious ahead of earnings
Wall Street's main indexes edged lower on Monday, pausing after gains in the previous week ahead of major ...More
Wall Street's main indexes edged lower on Monday, pausing after gains in the previous week ahead of major earnings reports that could influence whether indexes retreat from record highs or sustain the momentum. ...Less
- Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks
The Dow Jones, S&P 500, and Nasdaq posted record highs, driven by strong Netflix earnings and gains in te ...More
The Dow Jones, S&P 500, and Nasdaq posted record highs, driven by strong Netflix earnings and gains in tech stocks. Netflix surged 11.1%, boosting the communication services sector. Despite some concerns over valuation and potential volatility, positive economic data and robust corporate results supported the market rally. ...Less
- Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovation
Srinivasan Raghavan comes with over two decades of leadership experience in the enterprise SaaS industry. ...More
Srinivasan Raghavan comes with over two decades of leadership experience in the enterprise SaaS industry. He joins the executive management team of Freshworks, reporting directly to President and CEO Dennis Woodside. Earlier, Srinivasan was chief product officer at RingCentral, where he broadened the company¡¯s offerings by launching cloud-based solutions for contact centres, marketing, and sales intelligence, thus generating new revenue streams. ...Less