Mar 07, 2014 at 09:44 | Source: Reuters
Gross, who oversaw more than USD 1.91 trillion in assets as of the end of last year and who is known on Wall Street as the 'Bond King', said in a phone call to Reuters last Friday: "I'm so sick of Mohamed trying to undermine me."
Mar 07, 2014 at 07:48 | Source: Reuters
Weekly applications for US unemployment insurance fell to 323,000, the lowest in three months, a sign of strength in a labor market that has been hobbled by severe weather. New orders for US factory goods, however, fell more than expected in January and shipments also slipped, adding to signs of a recent slowdown in manufacturing activity.
Mar 06, 2014 at 08:07 | Source: Moneycontrol.com
The Nifty is only 35 points away from its all-time closing high of 6363.9 and if SGX Nifty is anything to go by, the market is likely to see yet another day in the green today.
Mar 06, 2014 at 07:55 | Source: Reuters
The tech-heavy Nasdaq index closed slightly higher, outperforming the broader market. Facebook shares climbed to an all-time high of USD 71.97. The stock closed up 4 percent at USD 71.57.
Mar 05, 2014 at 08:08 | Source: Reuters
The S&P 500 ended at a record high for the second time since Friday, when the broad index finished February with a milestone. In Tuesday's session, industrials and financials ranked among the biggest gainers. The benchmark index is up 1.4 percent for the year.
Mar 05, 2014 at 08:05 | Source: Moneycontrol.com
What is likely to aid traders sentiment at Dalal Street is the positivity seen in global markets. Wall Street rallied on Tuesday as concerns over the Ukraine ebbed. Both Dow and S&P 500 bounced back after their worst hit in a month. The CBOE VIX plunged 11 percent.
Mar 04, 2014 at 08:01 | Source: Moneycontrol.com
Wall Street ended Monday sharply lower as political tensions between Russia and Ukraine escalate. US president has warned that US will mull economic & diplomatic sanctions that will isolate Russia if it doesnt stop its military threat to Crimea.
Mar 04, 2014 at 07:49 | Source: Reuters
The S&P 500 found some support when it fell to 1,840, but broke below it after the first attempt. The S&P 500 extended losses in early afternoon trading and then recovered slightly to close above the support level.
Mar 03, 2014 at 07:51 | Source: Moneycontrol.com
Turmoil in Ukraine has spooked the equity markets worldwide with the Wall Street closing mixed. The S&P 500, however, managed a record close on Friday.
Mar 01, 2014 at 16:55 | Source: Reuters
Goldman also lowered its estimate of legal losses it may face beyond what it has set aside to USD 3.6 billion from a previous estimate of USD 4 billion.