Feb 27, 2014 08:44 AM IST
Target Corp and Lowe's Cos Inc shares jumped following upbeat earnings and gave the biggest boosts to the S&P 500. An S&P 500 retail index gained more than 1 percent for a second day.
- Feb 27, 2014 07:05 AM IST
The drop in the ruble came a day after China's yuan had its biggest drop in three years, which weighed on shares of European luxury goods makers because of their heavy exposure to emerging markets.
- Feb 24, 2014 08:31 AM IST
Technical analysts will be watching if the Nifty is able to close above 6150 convincingly for the recent uptrend to continue.
- Feb 15, 2014 08:19 AM IST
The only declining sector was telecom, which is viewed as a defensive play. Energy, which is closely tied to the pace of economic growth, was the day's biggest advancer, up 1.5 percent.
- Feb 07, 2014 08:17 AM IST
US stocks rallied significantly with the Dow Jones marking its best session this year. A drop in applications for jobless benefits ahead of January‘s payrolls reports indicated an improving US economy, thereby giving the stocks a much needed impetus.
- Feb 07, 2014 08:14 AM IST
The rally came ahead of the widely-followed payrolls report for January due Friday, which some are expecting to be affected by the extreme weather that hit much of the United States. December's number was a much-lower-than-expected 74,000 and an upward revision wouldn't be a surprise.
- Feb 05, 2014 08:12 AM IST
The SGX Nifty suggests the market may open at 6038.50 up 38 points. The market closed Tuesday flat after recouping all its losses in the last couple of hours of trade.
- Feb 04, 2014 08:14 AM IST
On Monday, the Wall Street got beaten down as the US manufacturing index tumbled. Dow Jones sunk below its 200-day moving average shedding over 300 points. The CBOE vix jumps nearly 15 percent while US treasury yields fall to a three-month low.
- Feb 03, 2014 02:58 PM IST
The effect has been seen in the tumultuous state of the markets and the rupee in 2013. But just as the country was learning to grapple with this America-born demon, there is the prospect of another more local event that the markets now both dread and anticipate: The Lok Sabha elections in 2014.
- Feb 01, 2014 09:17 AM IST
The catalysts that drove the Dow and the S&P 500 to their worst monthly performances since May 2012 have not gone away. The retreat from emerging markets - and stocks in general - appears to have more room to run as the factors that helped propel the market to record highs in mid-January aren't providing enough support.
- Jan 27, 2014 08:29 AM IST
In key earnings today, one can expect a weak quarter from FMCG major HUL. According to a CNBC-TV18 poll, net sales may rise 10 percent to Rs 7,116 crore.
- Jan 24, 2014 09:01 AM IST
After falling as much as 232 points during the session, the Dow Jones industrial average ended down 176 points.
- Jan 18, 2014 07:29 AM IST
The S&P 500 and Nasdaq fell, led by losses in Intel and General Electric after disappointing results. But both indexes managed to end the week slightly higher.
- Jan 08, 2014 08:33 AM IST
Back in Mumbai, equity traders are hoping that some of the buoyancy will rub off on the Nifty and Sensex which have been closing lower for the past five consecutive trading sessions. The Nifty just about managed to close above the psychological level of 6150, but brokers say the undertone remains weak.
- Jan 04, 2014 08:45 AM IST
Stocks rallied following the decision because it confirmed to many that the US economy was on firmer footing and ended uncertainty over when the Fed would finally reduce its stimulus, which was the key driver of the S&P 500's nearly 30 percent gain last year.
- Jan 04, 2014 08:36 AM IST
Wall Street opened higher but subsequently pared gains after Philadelphia Fed President Charles Plosser said the Fed faced "immense" challenges now that it had reduced bond-buying, and that it needed to be cognizant of a potential rapid rise in future inflation.
- Dec 25, 2013 09:05 AM IST
Much of Europe's stock markets were closed ahead of the holiday. The euro zone blue chip Euro STOXX 50 rose 0.06 percent on Tuesday but rose 4.5 percent in the five days leading into the Christmas break.
- Dec 25, 2013 08:43 AM IST
Both the Dow and S&P 500 continued to ascend to all-time highs, with the Dow reaching a record high for the fifth consecutive session, while the S&P 500's record streak stood at three days in a row. Further upside may be limited at these levels, especially in the absence of major trading catalysts.
- Dec 24, 2013 08:08 AM IST
Apple rose 3.8 percent to USD 570.09, its biggest percentage gain in three months, after the tech titan said on Sunday it had signed a long-awaited agreement with China Mobile to sell iPhones through the world's biggest network of mobile phone users, a deal that could add billions of dollars to its revenue.
- Dec 21, 2013 09:17 AM IST
The "Santa Claus rally" is a seasonal anomaly that describes a rise in stock prices in December, generally over the final week of trading prior to the new year.
- Dec 21, 2013 08:58 AM IST
Gross domestic product grew at an annual rate of 4.1 percent in the third quarter, the fastest pace in almost two years, and exceeding the 3.6 percent pace reported earlier this month. Business spending was also stronger than previously estimated.
- Dec 14, 2013 08:53 AM IST
In a bullish signal, the S&P 500 closed on Friday right above 1,775 - considered a technical support level. At less than 2 percent below its record closing high, the S&P 500's pullback for the week shows no signs of investor panic, traders said.
- Nov 30, 2013 08:48 AM IST
Employment numbers will be the highlight as traders second-guess what the data will mean for the Fed and its announced intention to gradually reduce its USD 85 billion in monthly asset purchases, which have lit a fire under the stock market this year.
- Nov 30, 2013 08:37 AM IST
The Nasdaq got a boost from the technology sector, with Apple up 1.9 percent at USD 556.07, Microsoft Corp up 1.4 percent at USD 38.13 and Amazon Inc up 1.8 percent at USD 393.62.
- Nov 28, 2013 08:10 AM IST
The tech-heavy Nasdaq got its biggest boost from Apple Inc, which rose 2.4 percent to USD 545.96, the stock's highest level since January. Technology stocks have lagged the broader market this year, with the S&P information technology sector index rising almost 21 percent, compared with the S&P 500's 27 percent surge.