[ad_1] Wall Street: Focus of stock market investors in the week ahead will be mainly on US President Donald Trump’s reciprocal tariffs and a 25 per cent tariff on automobile imports, expected to implemented on April 2. In terms of economic reports, the market participants will get plenty of data, including employment numbers and manufacturing…
[ad_1] US stocks edged lower on Wednesday on a selloff in big tech shares, with concern about the economic impact of a tariffs war. A warning from the Congressional Budget Office that the Treasury risks a payment default in August also weighed on sentiments. As of 12:36 PM EDT, the S&P 500 was 0.80 per…
[ad_1] US stocks surged on Monday, led by technology shares on reports of President Donald Trump’s administration likely to exclude a set of sector-specific tariffs that are on track to be imposed in April. As of 11:01 AM Eastern, the S&P 500 jumped 1.6 per cent, the Dow Jones Industrial Average rose 1.3 per cent,…
[ad_1] Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest…
[ad_1] New Delhi: The standing committee on petroleum and natural gas has recommended that the Union government set up underground rock caverns for storing liquified petroleum gas (LPG) amid growing demand for LPG. Currently, oil marketing companies (OMCs) use a 60,000-tonne capacity LPG cavern in Visakhapatnam for storing propane and butane. State-run Hindustan Petroleum Corp….
[ad_1] US stock indices fell on Monday as President Donald Trump’s comments over the weekend stoked fears that a trade war could spark an economic recession. At 09:50 a.m. ET the Dow Jones Industrial Average fell 307.75 points, or 0.72%, to 42,492.47, the S&P 500 lost 74.89 points, or 1.30%, to 5,695.31, and the Nasdaq…
[ad_1] SINGAPORE, March 10 (Reuters) – Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC producers, cooled investor appetite for riskier assets. Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel by 0037 GMT…
[ad_1] Zelensky: “I’m not playing cards. I’m very serious, Mr President. I’m very serious.” Trump: “You’re playing cards. You’re gambling with the lives of millions of people. You’re gambling with World War III.” Donald Trump told Volodymyr Zelensky that the latter had no cards no fewer than five times in the last 10 minutes of…
[ad_1] US equities were muted on Wednesday, after a jobs report fanned concerns of a slowing economy. At the opening bell, the Dow Jones Industrial Average fell 2.6 points, or 0.01%, to 42,518.37. The S&P 500 rose 3.2 points, or 0.06%, to 5,781.36​, while the Nasdaq Composite rose 27.8 points, or 0.15%, to 18,312.965. US…
[ad_1] US stock indices opened higher on Monday, ahead of President Donald Trump’s latest deadline on tariffs on top trade partners. At the opening bell, the Dow Jones Industrial Average rose 59.6 points, or 0.14 per cent, to 43,900.49. The S&P 500 rose 13.8 points, or 0.23 per cent, to 5,968.33​, while the Nasdaq Composite…
