Apr 29, 2016 at 08:06 | Source: Reuters
The benchmark S&P 500 had its worst day in three weeks, losing 19.34 points, or 0.92 percent, to 2,075.81, the Dow Jones industrial average fell 210.79 points, or 1.17 percent, to 17,830.76 and the Nasdaq Composite dropped 57.85 points, or 1.19 percent, to 4,805.29.
Apr 28, 2016 at 10:58 | Source: PTI
Prices surged to 2016 peaks for the second straight day yesterday after the Federal Reserve left interest rates unchanged but appeared less concerned about global conditions, opening the door a crack to a rate hike in June.
Apr 28, 2016 at 08:15 | Source: Reuters
Stocks in the telecom and utilities sectors, seen as proxies for fixed income returns when Treasury yields are expected to remain low, rose sharply after the Fed's announcement. That indicates market participants expect US government yields to remain subdued.
Apr 26, 2016 at 07:57 | Source: Moneycontrol.com
The US Federal Reserve is not expected to hike interest rates; investors will be looking for indications on a potential hike at the June meet.
Apr 19, 2016 at 13:18 | Source: PTI
RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan said.
Apr 15, 2016 at 08:27 | Source: Reuters
Bank of America Corp shares rose 2.5 percent, giving the biggest boost to the S&P 500, after the No. 2 US bank by assets reported a slide in quarterly profit in line with expectations. Wells Fargo shares slipped 0.5 percent after the bank's quarterly report.
Apr 13, 2016 at 08:06 | Source: Reuters
The Fed lifted rates from near zero in December, but deferred any further moves at meetings in January and March, citing the uncertainty over the impact of weak global growth on what's shaping up to be a moderate US economic recovery.
Apr 12, 2016 at 21:33 | Source: CNBC-TV18
Independent market expert Ajay Bagga says banks still have cushion to cut interest rates further.
Apr 12, 2016 at 11:20 | Source: Moneycontrol.com
Rate cut by RBI has long lasting impact on both your loans and investments. It is the time to realign your money matters to make the most of falling interest rates.