Asian stocks decline following choppy US session

Asian stocks decline following choppy US session

Asian stocks opened lower following a volatile session on Wall Street that saw broad losses across equities and haven assets. Equity benchmarks in Japan and South Korea fell more than 1% in early Asian trading. The Nasdaq 100 lost 1% after a tepid outlook from Texas Instruments Inc. and a 10% slump in Netflix Inc. … Read more

Wall Street dumps risky ETFs after crypto crash

Wall Street dumps risky ETFs after crypto crash

When crypto prices were running hot, Wall Street pounced. Issuers rushed to file for a dizzying number of ETFs tied to altcoins — the volatile, thinly traded tokens that live on the speculative edge of digital finance. Then came the past week’s crash. Billions of dollars in market value has vanished as altcoins plunged, exposing … Read more

Asian stocks in tight range as global rally stalls

Asian stocks in tight range as global rally stalls

Asian stocks traded in a tight range at the open after losses on Wall Street as signs of fatigue crept into the AI-fueled equity rally. Shares in Japan and Australia edged up while those in South Korea retreated. The S&P 500, Nasdaq 100 and a gauge of global stocks each dropped 0.3% Wednesday, extending declines … Read more

Tesla shares jump 4% as investors discount EV maker’s lower than estimated Q2 deliveries

Tesla shares jump 4% as investors discount EV maker’s lower than estimated Q2 deliveries

Tesla shares shot-up 4% in the opening trade on Wednesday, hitting the day’s high of $313 per share. The uptick was accompanied with strong volumes as nearly 12 crore shares changed hands on the Nasdaq. The Tesla shares rallied notwithstanding a sharper-than-expected fall in second-quarter deliveries. The electric vehicle maker delivered 3,84,122 vehicles in the … Read more

Wall Street ends sharply lower as Iran retaliates against Israel attack

Wall Street ends sharply lower as Iran retaliates against Israel attack

Wall Street ended sharply lower on Friday after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Tehran’s ability to build nuclear weapons. Explosions were heard and seen over Tel Aviv and Jerusalem as sirens sounded across Israel following what the country’s military spokesman said was the firing of missiles … Read more

Wall Street slides as Trump’s tariff threats triggers market uncertainty

Wall Street slides as Trump’s tariff threats triggers market uncertainty

U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for … Read more

Indian markets decline amidst US bond market sell-off and rising yields

Indian markets decline amidst US bond market sell-off and rising yields

Mumbai: India’s equity indices weakened on Thursday, mirroring an overnight sell-off on Wall Street, after a sharp sell-off in the American bond market pushed up the yields on long-term treasury bonds there. The NSE Nifty fell 0.8%, or 203.75 points, to finish at 24,609.70. The BSE Sensex moved 0.8%, or 644.64 points, lower at 80,951.99. … Read more

Wall Street advances on trade hopes, data shows investor pessimism

Wall Street advances on trade hopes, data shows investor pessimism

Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan … Read more

US Stocks end flat as investors await US-China trade talks

US Stocks end flat as investors await US-China trade talks

U.S. stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines, as investors gauged President Donald Trump’s comments on Chinese tariffs ahead of weekend trade talks between the two countries. Wall Street‘s main indexes finished slightly lower for the week. Trump said Beijing should open its market to … Read more

Wall Street buoyed by strong economic data, possible US-China trade talks

Wall Street buoyed by strong economic data, possible US-China trade talks

NEW YORK: Wall Street stocks advanced on Friday, notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the U.S. and China. The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns … Read more