Indian stock market: The domestic benchmark equity indices, Senex and Nifty, are expected to open higher on Friday tracking mixed global market cues and trends on Gift Nifty. Asian markets traded higher, while the US stock indices ended lower overnight weighed down by selling in technology stocks. Investors digested data on US GDP, showing the …
Recently, Powell stated that considering the recent macroeconomic indicators, it would take longer than expected for inflation to return to the Fed’s 2 per cent target. Considering the recent macroeconomic trends in the US and current geopolitical scenarios, it is safe to say that the Fed’s fight against inflation will continue in the near future. …
Oil prices rose for a second week in a row and settled at their highest in nearly two months on Friday, January 26, as positive US economic growth and signs of Chinese stimulus boosted global demand expectations, while Middle East supply concerns added support to price rise. Brent crude futures rose $1.12, or 1.4 per …
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, …