In just about three months since President Donald Trump returned to the White House, Wall Street has hemorrhaged a staggering $8 trillion in market value, a collapse that underscores the scale of economic turmoil unleashed by his aggressive trade policies. Even more alarming is that $5 trillion of those losses were incurred in just the … Read more
US stocks edged lower Tuesday, a day before President Donald Trump’s pledged unveiling of sweeping tariffs to address what he called unfair trade imbalances with allies and adversaries alike. Traders are nervously preparing for April 2, which Trump has dubbed “liberation day.” The Republican president has not provided much in the way of details about … Read more
Indian equity markets witnessed considerable volatility during the week ending December 13, 2024. The BSE Sensex and NSE Nifty 50 indices fluctuated throughout the week, with a strong rally on Friday, December 13, driving modest weekly gains. On Friday, the Sensex surged by 843.16 points (1.04%) to close at 82,133.12, while the Nifty 50 advanced … Read more
MF investment: Indian investors are increasingly seeking opportunities in global markets to maximise their investment returns, especially around the US elections 2024. Major Wall Street indices such as Dow Jones (DJI), Nasdaq (IXIC), and the S&P 500 (GSPC) have delivered impressive returns over the past five years, attracting investors looking for lucrative investment avenues. Mutual funds, … Read more
“If one had to take bullish bias, then they should only take above 24,500. Otherwise, this market could be sell on rally in that kind of a pattern. And if one had to talk about leadership, then banking is having more leadership compared to Nifty,” says Aditya Arora, Adlytick. How are you looking into this … Read more
The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks. All three major Wall Street benchmarks also comfortably secured a sixth straight weekly gain, their longest … Read more
“I feel that there is tremendous amount of interest outside the banking space and that is again very important because the market is broadening, the sectors are broadening, the themes that are playing out a lot more and this is very important because this makes the longer-term trend much more solid and robust,” says Atul … Read more
“One of the things that they are pointing to and Mr Dudley mentioned, is the rise in credit card delinquencies. But those people who are delinquent are lower middle class, a little bit of the middle class,” says Mark Matthews, Julius Baer.What is your sense of the kind of fall that we have seen on … Read more
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia‘s highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped … Read more
Mumbai: Shares of the National Stock Exchange surged by more than 25% in the unlisted market this week following a 4:1 bonus announcement last Friday. According to brokers dealing with the unlisted shares, the stock was trading at around ₹4,300-4,400 last week and is currently trading in the ₹5,400-5,800 range. At ₹5,500, NSE is valued … Read more