Stock Market Updates

U.S. stocks finished mixed on Wednesday after choppy trading as investors braced for a key earnings report. Big tech edged lower in afterhours trading following a disappointing revenue forecast from Nvidia Corp. Nvidia reported third-quarter revenue and earnings that met estimates but fell short of the highest estimates for future revenue. India's economic growth is expected to pick up in the curr...

U.S. stocks ended mostly higher on Monday, as the market attempted to rebound from its worst week in months and investors await Nvidia’s third-quarter earnings report on Wednesday. Crude oil futures settled Monday at their highest in more than a week, with President Joe Biden’s decision to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia contributing to a more...

US stocks fell on Friday after Jerome Powell signaled there’s no need for the Federal Reserve to rush with rate cuts as the economy is holding up. Automakers like Tesla Inc. and Rivian Automotive Inc. slumped as Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases. Data earlier Thursday in the US showed producer prices excee...

Wall Street's three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited eagerly for U.S. inflation data due this week. Treasury yields soared and the dollar hit the highest level in two years ahead of a key inflation report. India’s retail inflation rose to a 14-month high of 6.2 percent in October compared with 5.5 percent in the previous m...

U.S. stocks closed higher Friday, with all three major indices finishing the week at fresh all-time peaks in the wake of Donald Trump's victory in the presidential election. Stocks rose at the end of their best week in 2024 amid solid consumer sentiment data and bets that newly elected President Donald Trump’s pro-growth agenda will keep fuelling Corporate America. More than $2 trillion was added...

U.S. stocks ended in record territory on Wednesday after the Federal Reserve delivered a 25 basis point interest-rate cut that investors had been expecting, helping to keep the postelection rally alive. Stocks hit fresh all-time highs, climbing alongside bonds and commodities. The Federal Reserve on Thursday voted to cut its benchmark interest rate by quarter-percentage point to a range of 4.5%-4....

U.S. stocks ended lower on Monday after a choppy session, as investors await the too-close-to-call presidential election on Tuesday. US stocks failed to gain traction and bonds climbed, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve rate decision. The HSBC India Manufacturing Purchasing Managers’ Index rose from September's eight-month low...

Indian benchmark indices Sensex and Nifty ended on a strong note on special Muhurat trading session for Samvat 2081 on November 1. A broad-based buying was seen across all sectors, led by auto pack, reacting to their strong October sales figures. At close, the Sensex was up 335.06 points or 0.42 percent at 79,724.12, and the Nifty was up 99 points or 0.41 percent at 24,304.30. U.S. stocks closed h...

U.S. stocks finished mostly higher on Tuesday, with the Nasdaq Composite scoring its 28th record close of the year, as investors prepared for quarterly earnings from Google parent Alphabet Inc. after the closing bell. Gold hit a fresh record early on Wednesday as Bitcoin traded near its all-time high. Just about a week away from the Federal Reserve decision, data showed US job openings fell to the...

U.S. stocks closed higher on Monday as Wall Street geared up for a busy week packed with quarterly earnings from megacap technology companies and the final stretch before the Nov. 5 presidential election, Asian equities were mixed Tuesday as traders prepared for the US election and key economic data that will set the stage for the next Federal Reserve decision. BPCL’s Russia oil intake share falls...

U.S. stocks closed mixed Friday as Treasury yields rose and investors weighed fresh economic data ahead of next week’s jobs report. Banks got hit as New York Community Bancorp tumbled 8.3% on a weaker outlook. Russia’s central bank raised interest rate to 21% to fight inflation boosted by military spending. Nvidia dethroned Apple as the world's most valuable company on Friday following a record-se...

U.S. stocks closed mixed on Thursday, with the blue-chip Dow extending its losing streak to a fourth straight session and the S&P 500 edging higher as Tesla shares surged. A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 22% in its biggest rally since May 2013. In Japan, Governor Kazuo Ueda signaled the central bank won’t hike interest rates next week, with almost all...

The Dow Jones and S&P 500 finished lower for a third straight session, joined by the Nasdaq on Wednesday as investors agonized about rising Treasury yields and the possible outcome of the Nov. 5 presidential election. Big tech climbed in after hours as Tesla Inc. kicked off the “Magnificent Seven” earnings season with solid results. Benchmark 10-year U.S. Treasury yields reached a three-month high...

*Nifty at 2 months lows - Oversold, a bounce is overdue* U.S. stocks finished mixed on Tuesday, with the S&P 500 posting its first back-to-back losses since early September, as investors considered rising Treasury yields amid concerns about a soaring U.S. deficit after the upcoming presidential election. US stocks struggled in late hours after downbeat news from some key American companies, with t...

U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs. Long-dated Treasurys aggressively sold off on Monday amid growing worries about the prospects of a rising U.S. deficit, pushing yields to their highest closing levels in months. Yields on 10- and 30-year government debt jumped about 10 basis points each to close at 4.18% and nea...

All three major U.S. stock indexes closed higher Friday, each reporting a sixth straight week of gains as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks. This marked the longest string of weekly advances in 2024 Crude oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and inve...

Major U.S. stock indexes bounced back from a selloff in the prior session to finish higher on Wednesday, buoyed by strong corporate-earnings results from names like Morgan Stanley and United Airlines. Global bonds rallied after a surprisingly large drop in British inflation and as the European Central Bank is expected to announce its first back-to-back rate cut in 13 years. Oil futures fell for a...

Wall Street's major stock indexes closed lower on Tuesday, with a 1% drop in the technology-heavy Nasdaq leading losses as chip stocks tumbled on demand concerns while the energy sector fell 3% as oil prices dropped. US stocks also got hit as a disappointing outlook from Europe’s most-valuable tech company and concern about tighter US restrictions on chip sales spurred a selloff in the industry Ch...

U.S. stocks ended higher on Monday, with the Dow Jones Industrial Average and the S&P 500 logging record closing highs as third-quarter earnings season moved into full swing. So far, 30 S&P 500 companies have posted results, beating the earnings consensus by about 5% on average India's retail inflation rose to above the central bank's target in September, led by the base effect and rising vegetabl...

U.S. stocks closed higher Friday, with the Dow Jones Industrial Average and S&P 500 each ending at record highs after major Wall Street banks JPMorgan Chase & Co. and Wells Fargo & Co. reported quarterly earnings. India's industrial growth shrunk for the first time in 22 months by 0.1 percent in August compared with 4.7 percent in the previous month owing to an unfavourable base and heavier than n...

US stocks closed firmly lower on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas Intermediate and Brent to their biggest increases in nearly a year. The S&P 500 ended little changed on Wednesday, with technology shares gaining but investors nervous about Middle East tensions and more U.S. labor data due this week. Job openings in the US surprisingl...

Market Outlook Global Markets Stocks In News

The Dow closed modestly higher Friday to mark a fresh record high, as major U.S. stock benchmarks booked weekly gains in the wake of the Federal Reserve’s large interest-rate cut on Wednesday. The coming week includes reports on US manufacturing, consumer confidence and durable goods, as well as the personal consumption expenditures price index, a key inflation measure. SpiceJet raises Rs 3,000 cr...

The Dow ended above 42,000 for the first time ever, while also logging a record close alongside the S&P 500. U.S. stocks surged a day after the Federal Reserve cut interest rates for the first time in four years on growing optimism that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Uno Minda lines up over Rs 610 crore investments on new plant in In...

U.S. stocks finished lower after choppy trading in the aftermath of the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point, an aggressive start to a monetary-easing cycle in the world’s largest economy. A rally that briefly drove stocks to their all-time highs bumped into a wall as the Federal Reserve signalled it’s not in a rush to ease policy after cutting...