Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Thursday’s trading session in green due to encouraging global cues and dovish US Federal Reserve. The 30-share BSE Sensex ended higher by 539.50 points or 0.75% at 72,641.19 level while the Nifty 50 closed at 22,011.95 level, up 172.85 points or 0.79%. …
Brent crude surged to briefly surpass $86 per barrel, marking its highest level since November, before retracting slightly, on Monday. The escalation of Ukraine’s assaults on Russian energy infrastructure drove this volatility. Brent crude oil futures for May delivery rose by 51 cents, reaching $85.85 a barrel at 1333 GMT. Concurrently, the April contract for …
In the week ahead on Wall Street all eyes will be on the US Federal Reserve’s monetary policy meeting. After inflation data released last week showed that the consumer prices in the US rose in February, the Fed policymakers are widely expected to keep interest rate unchanged. The FOMC’s (Federal Open Market Committee) interest rate …
Federal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially after fresh inflation data showed that price pressures persist. Powell is headed to Capitol Hill, where he’ll deliver his semiannual monetary policy testimony to a House committee on Wednesday and a Senate panel …
US stocks edged lower on Wednesday ahead of an inflation data due later in the week. At 09:35 a.m. ET, the Dow Jones Industrial Average was down 204.74 points, or 0.53 per cent, at 38,767.67, the S&P 500 was down 14.78 points, or 0.29 per cent, at 5,063.40, and the Nasdaq Composite was down 66.84 …
US stocks surged on Thursday on robust Nvidia results. Nvidia’s shares rallied 12.9 per cent after the chipmaker forecast a roughly three-fold surge in first quarter revenue on strong demand for its artificial intelligence (AI) chips. At 09:42 a.m. ET, the benchmark S&P 500 was up 1.31 per cent at 5,047.07, after hitting intraday record …
US stocks were flat on Thursday as investors digested corporate earnings reports and jobs data. At 9:46 a.m. ET, the Dow Jones Industrial Average was down 1.96 points, or 0.01 per cent, at 38,675.40, the S&P 500 was down 4.24 points, or 0.08 per cent, at 4,990.82, and the Nasdaq Composite was down 8.23 points, …
US stock indices were muted on Monday ahead of the Federal Reserve’s monetary policy meeting scheduled for January 30-31 and earnings from Big Tech companies. At 9:40 a.m. ET, the Dow Jones Industrial Average was up 15.75 points, or 0.04 per cent, at 38,125.18, the S&P 500 was up 3.15 points, or 0.06 per cent, …
The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for signals …
US stock indices gained on Thursday after a strong economic growth in the fourth quarter. At 9:45 a.m. ET, the Dow Jones Industrial Average was up 81.36 points, or 0.22 per cent, at 37,887.75, the S&P 500 was up 15.31 points, or 0.31 per cent, at 4,883.86, and the Nasdaq Composite was up 49.29 points, …