Online
Wall Street ends with moderate gain; Dow up 29 pts
Published on Thu, Jul 24 at 08:13 , Updated at Thu, Jul 24 at 08:49
Source : moneycontrol.com
| ads by google |
US markets rose for a second straight session as financials rally and oil broks below the key USD 125 a barrel mark. Shares of both Fannie and Freddie rose more than 11%. The Fed reported that economic activity slowed through mid-July amid elevated price pressures across most of the country. The outlook for consumer spending was generally weak. The upward trend continues on Wall Street. Further drop in oil prices support gains. Financials rally on news that Housing Rescue Bill was nearing passage in US Congress. Crude drops over $ 4 to near $124/bbl. Dollar became stronger against other major currencies The Dow gained 29.88 points, or 0.26%, to 11,632.38. The Standard & Poor's 500 index advanced 5.19 points, or 0.41%, to 1,282.19 and the Nasdaq composite index added 21.92 points, or 0.95%, to 2,325.88. A look at how the Indian ADRs performed:
|
Messages on Other Market Topics
Other comments
Citi Investment sees a steady erosion in commodity prices
Crude is now almost at USD 116 per barrel. Alan Heap, Managing Director & Global Commodity at Citi Investment Resea...
in Other Market Topics - MMB Messenger at 21-Aug-08 01:09
SEBI should check with exchanges for recent dowside or say manupulative behaviour. I think BSE is highly manupulati...
in Other Market Topics - Guest at 21-Aug-08 12:08
Rate this article
Latest Market Commentary
21-08 Mkts under pressure ahead of inflation nos
20-08 Mkts end strong as CG, metal, telecom, realty stks gain
Udayan's Comments
16-08 Global cues, crude prices hold key to mkt moves
14-08 Crude prices to set mkt course ahead
F&O Markets
20-08 FIIs net sell Rs 1,188.3 cr in Nifty Futures
19-08 Unitech adds 11 lakh shares in the OI
Market Interview Transcripts
20-08 The Structured Products Case
20-08 Mkts on high: Can the rally continue?
CNBC TV18 Research Reports
20-08 Oil cos disagree on BK Chaturvedi Panel proposals
20-08 Competition Commission recommends BAA to sell 3 UK airports
Brokerage Reports
Wealth Tips
Chat
Ajay Bagga
CEO , Lotus India AMC
(21 Aug- 16:00hrs)
Investing in uncertain times
Poll
Newsletter
Keep in touch with News day & night. Subscribe to:
Mobile Services
Get news on the move SMS to 52622
- SMS M for Market News
- SMS B for Latest Business News
- SMS S (stock name) for latest news