Dec 23, 2014 at 07:38 | Source: Reuters
Both the Dow and S&P ended at closing records, with the benchmark S&P building on a 3.4 percent rise last week. That advance came after the US Federal Reserve said it would take a "patient" approach toward raising interest rates and oil prices appeared to stabilize.
Dec 22, 2014 at 09:55 | Source: Reuters
The Federal Reserve, after wrapping up a two-day meeting last Wednesday, signalled it was on track to increase rates next year but said it was taking a patient stance, keeping gold's losses in check.
Dec 20, 2014 at 09:46 | Source: Reuters
Wall Street rose, and the S&P 500 came within a few points of its closing record high. The index has gained 5 percent since Wednesday for its best three-day stretch since 2011.
Dec 20, 2014 at 07:39 | Source: Reuters
The benchmark S&P 500 has gained 5 percent over the three sessions, bouncing back quickly from recent losses sparked by a selloff in oil prices.
Dec 19, 2014 at 12:25 | Source: CNBC-TV18
Willem Buiter of Citigroup believes India is back on the reforms path, he adds: "India did better in 2014 than 2013 and I expect that this momentum will be maintained. We've got very sound monetary and exchange rate management. We've got better fiscal management than we had."
Dec 19, 2014 at 08:17 | Source: Reuters
US stocks surged on Thursday, extending a Federal Reserve-fueled rally from the previous session and giving the S&P 500 its best two-day advance in three years.
Dec 19, 2014 at 08:08 | Source: Moneycontrol.com
The Indian market is likely to continue its winning streak with the SGX Nifty trading in green, up almost 60 points to 8232 early Friday morning. The positive momentum may be due to anticipation of more reforms from the government.
Dec 18, 2014 at 19:29 | Source: PTI
"We are better prepared to handle shocks arising out of an expected increase in the US interest rates next year," Crisil chief economist Dharmakirti Joshi said in an interaction on the social media site Twitter.
Dec 18, 2014 at 16:41 | Source: Moneycontrol.com
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 2.66 percent and 3.3 percent, respectively. Advancing shares outnumbered declining ones by a ratio of 2171 to 693 on the Bombay Stock Exchange.
Dec 18, 2014 at 15:00 | Source: CNBC-TV18
Stephane Deo of UBS says Fed is primarily watching inflation and wages (labour market) and if any one of the two deteriorates then the wait for rate hike can get longer.