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 &…
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 cent…
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, and…
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 rate…
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 Composite…
Travellers to Dubai have long bought gold from the middle-eastern destination as the yellow metal costs less there than in India. Especially for Indians, who not only see gold as a safe haven investment, but buy it heavily for cultural reasons such as weddings, there is always an eye out for cheaper gold. Thus, amid…
Kannada actor Ranya Rao hit the news after being arrested for alleged gold smuggling at Bengaluru airport on Monday. She was reportedly trying to sneak in 14.8kg of the precious metal from Dubai. Also Read: Mint Quick Edit | Gold’s gains: More glittery by the day? With gold prices having skyrocketed amid global uncertainty, its…
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 private…
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 rose…
As we celebrate International Women’s Day on March 8, it’s the perfect time to focus on the importance of financial literacy for women. This year, let’s move beyond the celebration and focus on steps that empower women to achieve financial independence. Financial literacy and strategic investments are key to securing a stable future. From the…
