Sep 03, 2021 07:34 AM IST
The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.
- Aug 17, 2021 08:39 AM IST
The S&P 500 index ended 0.3% higher after having been down as much as 0.7%. The Dow Jones Industrial Average also rose 0.3%, while the Nasdaq composite fell 0.2%.
- Aug 13, 2021 10:02 PM IST
The stage is set for an interesting ballot battle in UP where the incumbent Yogi Adityanath-led government will try to retain power, while the Opposition parties will make all possible efforts to rule the country’s biggest and politically crucial state.
- Aug 12, 2021 12:11 PM IST
Ahead of the 2022 Assembly elections in Uttar Pradesh, the BJP is going to launch a farmer outreach programme, "Kisan Samvad", from August 16 to 23.
- Jul 30, 2021 08:18 AM IST
But the stock market losses were moderate compared with sharp falls earlier in the week that had been sparked by investor fears over the impact of regulatory actions in China against the education, property and tech sectors.
- Jul 30, 2021 08:06 AM IST
Following a spate of strong corporate earnings reports from Ford Motor Co to KFC owner Yum Brands Inc overnight, investors were further cheered by data showing the U.S. economy grew at a solid annualized pace of 6.5% in the second quarter.
- Jul 13, 2021 07:15 AM IST
Financials, communication services and real estate were among the leaders of the 11 S&P 500 sector indexes.
- Jul 09, 2021 07:42 AM IST
As the bond market rallied on a flight to safety, all three major U.S. stock indexes tumbled. The Dow’s economically sensitive transports plunged 3.3%, its biggest daily drop since October.
- Jul 01, 2021 07:42 AM IST
In the last session of 2021's first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.
- Jun 30, 2021 03:44 PM IST
The global rating agency said that the banking sector's weak loans will likely remain elevated at 11%-12% over the next 12 to 18 months, adding credit losses should remain high at 2.2% before recovering to 1.8% in FY23.
- Jun 26, 2021 07:39 AM IST
Weaker-than-expected inflation data and news that U.S. President Joe Biden has secured a bipartisan infrastructure agreement with lawmakers gave a boost to stocks. The plan is valued at $1.2 trillion over eight years, of which $579 billion is new spending.
- Jun 12, 2021 08:12 AM IST
The Nasdaq gained the most among the three major indexes, while the bellwether S&P 500 squeaked its way to a second straight record closing high.
- Jun 09, 2021 07:52 AM IST
All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&P 500 and the Dow closing within about 0.5% of record highs.
- Jun 08, 2021 07:42 AM IST
The Dow closed well within negative territory, while the Nasdaq advanced. Still, the S&P and the Dow remained inside one percentage point of their record closing highs.
- May 29, 2021 05:24 PM IST
If you look at the weights of various sectors in the Sensex, you’ll find that the index is heavily concentrated around Banking and Finance and Information Technology. The Nifty follows a similar pattern.
- May 21, 2021 08:02 AM IST
The yield on benchmark 10-year Treasury notes fell 4.3 basis points to 1.640%.
- May 07, 2021 03:12 PM IST
The rating agency, however, said the second wave should not hit the economy as hard as the first wave did in the April-June quarter of the 2020/21.
- May 05, 2021 01:36 PM IST
The US-based rating agency in March had a 11 per cent GDP growth forecast for India for the April 2021-March 2022 fiscal on account of a fast economic reopening and fiscal stimulus.
- May 01, 2021 03:15 PM IST
While the risks of higher inflation and possibly higher taxes have given some investors reason to become more cautious on growth shares, earnings may make them think twice about avoiding the group.
- Apr 30, 2021 07:30 AM IST
Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.
- Apr 27, 2021 08:39 AM IST
The Nasdaq's record high close confirmed the end of an 11% correction in the index that began after its previous record high close on Feb. 12, with the index closing at a low on March 8.
- Apr 22, 2021 03:11 PM IST
In its report on Asia-Pacific Financial Institutions, S&P said the control of COVID-19 remains a key risk for the economy. New infections have spiked in recent weeks and the country is in the middle of a second pandemic wave.
- Apr 13, 2021 07:39 AM IST
India's largest private multi-port operator is building a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC).
- Apr 09, 2021 08:25 AM IST
Weekly initial jobless claims data showed a second straight rise, conflicting with the recent payrolls report, and buttressed the Federal Reserve’s dovish policy stance to keep interest rates lower for a substantial period.
- Apr 05, 2021 09:39 AM IST
Tollygunge MLA Aroop Biswas will take on singer-turned-politician Babul Supriyo on April 10 polls.