Thu, Dec 19, 2024
Federal Reserve Chair Jerome Powell announced a 25-basis-point reduction in the key US interest rates on Wednesday. However, the Federal Open Market Committee's rate cut outlook, suggesting fewer reductions than anticipated earlier, disappointed Wall Street. The Dow Jones Industrial Average crashed 1,123 points, or 2.6 per cent, to settle at 42,326.9 after the news. Read on to catch highlights of the Fed's last scheduled policy review of 2024.
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Wed, Nov 20, 2024
In Japan, the Nikkei 225 slipped 0.2% to 38,352.34 after the Finance Ministry reported the country recorded a trade deficit in October, for a fourth straight month.
Fri, Nov 15, 2024
DJIA Index US Stock Market Today: The Dow Jones Industrial Average (DJIA), one of the three main Wall Street benchmarks, succumbed to selling pressure in early trade on Friday. Stocks like Amazon.com, Microsoft, NVIDIA, Apple and Coca Cola fell around 1-3 per cent each few minutes into the opening bell, whereas scrips like Walt Disney, JPMorgan Chase and Nike rose about 1-3 per cent each. Catch the latest US stock market updates of the day here.
Tue, Dec 20, 2022
US Stock Market News Today: Dow Jones Industrial Average fell 162.92 points to close below 33000. Nasdaq Composite Index dropped 159.38 points. S&P 500 also declined 34.7 points.
Stock Market Today HIGHLIGHTS: In the 50-stock Nifty50, 39 stocks declined. The top gainers were Adani Enterprises, TCS, Reliance Industries, Axis Bank and Indusind Bank while top losers were SBI Life, Eicher Motors, UPL, Tata Motors and Hindustan Unilever
Mon, Dec 19, 2022
The S&P 500 banks index (.SPXBK) has slumped some 11% this month against a 5.5% drop for the broader index (.SPX) in the same period.
Fri, Dec 16, 2022
US Stock Market News, Dow Jones Index, Nasdaq Index Today Price: U.S.
Stock Market HIGHLIGHTS: In the 50-stock Nifty50 45 stocks declined. The top losers were Mahindra & Mahindra, Adani Ports, BPCL, Asian Paints and Dr Reddy's Laboratories while top gainers were Tata Motors, Hindustan Unilever, Nestle India, HDFC Bank and UPL
Thu, Dec 15, 2022
US Stock Market News, Dow Jones Today: While Dow Jones declined 142 points to end at 33,966, Nasdaq index fell 85 points to end at 11,170 after Federal Reserve raised its key short-term rate by 0.50 percentage points.
Wed, Dec 14, 2022
US Stock Market Today, US Stock Market News, Dow Jones Index: Dow Jones Industrial Average rose 103.6 points to 34,108.64, the S&P 500 gained 29.09 points to 4,019.65 and the Nasdaq Composite added 113.08 points to 11,256.81.
Tue, Dec 13, 2022
US Stock Market News: The Dow Jones Industrial Average rose 528.58 points, or 1.58%, to 34,005.04, the S&P 500 gained 56.18 points, or 1.43%, to 3,990.56 and the Nasdaq Composite added 139.12 points, or 1.26%, to 11,143.74.
Stock Market HIGHLIGHTS: In the 50-stock index, 34 advanced. The top gainers on Nifty50 were Indusind Bank, Bajaj Finance, Infosys, HCL Technologies and TCS while the top losers were UPL, Apollo Hospitals, BPCL, Nestle India and Hindalco Industries
Mon, Dec 12, 2022
Federal Open Market Committee (FOMC) of the Federal Reserve will begin on Tuesday, 13 December where the US Central Bank is expected to raise interest rates by 50 bps. Market expert Ajay Bagga in chat with Zee Business Managing Editor Anil Singhvi said that the markets have priced in the impact of the interest rate hike
US Stock Market News: Industrial Production data and retail inflation rate are scheduled to be announced on Monday. Besides, wholesale inflation data will be released on Wednesday.
Fri, Dec 09, 2022
What is the new support range for Dow Jones? How much relief from the fall in crude oil? Can crude oil reach $60-70? Will there be relief from inflation? Know from Anil Singhvi.
Stock Markets HIGHLIGHTS: Indian frontline indices S&P BSE Sensex and NSE Nifty50 extended their losses on Friday as the session progressed after begging on a positive note. While Sensex tumbled nearly 389.01 points or 0.62 per cent and closed at 62,181.67, Nifty50 settled down 112 points or 0.61 per cent at 18,496.60. Bank Nifty finished at 43,633.45, up 36.60 points or 0.08 per cent.
Wed, Dec 07, 2022
Stock Market HIGHLIGHTS: In the 50-stock Nifty50, 20 stocks gained while 30 declined. The top gainers were BPCL, Hindustan Unilever, Asian Paints and ITC while the top losers were Bajaj Finserv, NTPC, Hero MotoCorp, HCL Technologies and Tata Motors
Tue, Dec 06, 2022
US stock Market News: Investors see an 89% chance that the U.S. central bank will increase interest rates by 50 basis points next week to 4.25%-4.50%, with the rates peaking at 4.984% in May 2023.
Fri, Dec 02, 2022
US stock Market News: U.S. manufacturing activity shrank in November for the first time in 2-1/2 years as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed's rate hikes have cooled the economy.
Tue, Nov 29, 2022
US Stock market update: Rare protests in major Chinese cities over the weekend against the country's strict zero-COVID curbs are exacerbating worries about growth in the world's second-largest economy.
Stock Market HIGHLIGHTS: Nifty50 hit a record intraday high of 18,678.10 and managed an all-time high closing as well. Meanwhile, the Sensex's all-time high was 62887.4
Mon, Nov 28, 2022
US stock Market News: Dow Jones Industrial Average fell 71.1 points, or 0.21%, while S&P 500 declines 20.8 points, or 0.52%. Nasdaq Composite dropped 78.8 points, or 0.70%.
Stock Market HIGHLIGHTS: Out of the 15 Nifty sectoral indices, six ended in the red against 9 gainers. The top performer was Nifty Oil & Gas (+1.60 per cent) followed by Nifty Auto (+0.61 per cent) and Nifty FMCG (+0.34 per cent). The biggest laggards were Nifty Metal, followed by marginal losses in Nifty Consumer Durables, financial services and IT
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