Wall Street’s key stock indices opened higher on Tuesday after US President Donald Trump dialed back his threat of tariffs on European Union imports. At the opening bell, the Dow Jones Industrial Average rose 246.0 points, or 0.59%, to 41849.04. The S&P 500 rose 51.3 points, or 0.88%, to 5854.07​, while the Nasdaq Composite rose…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Tuesday amid a cautious sentiment in global markets. Asian markets traded mixed, while US stock futures jumped on easing trade tensions between the European Union and the US. On Monday, the Indian stock market ended higher, extending…
In a holiday-shortened week ahead, Wall Street investors will have a packed calendar with several economic data and earnings reports slated to be released. The US stock markets will be closed on Monday in observance of Memorial Day. On the economic data front, the spotlight will be on the first estimate of the US economy…
Indexes down: Dow 0.31%, S&P 500 0.39%, Nasdaq 0.71% Trump announces 25% tariffs on iPhones not made in US Wall Street’s ‘fear gauge’ spikes to over two-week high NEW YORK, – U.S. stocks fell on Friday, on track for a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new…
US stock indices opened mixed on Thursday after the House of Representatives cleared President Donald Trump’s tax bill, which is expected to burden the country with trillions in debt. At the opening bell, the Dow Jones Industrial Average fell 96.8 points, or 0.23%, to 41763.68. The S&P 500 fell 3.3 points, or 0.06%, to 5841.26​,…
Wall Street’s key indices opened lower on Wednesday, as markets awaited the outcome of a debate around US President Donald Trump’s tax-cut bill. At the opening bell, the Dow Jones Industrial Average fell 322.8 points, or 0.76%, to 42,354.46. The S&P 500 fell 30.3 points, or 0.51%, to 5,910.18, while the Nasdaq Composite dropped 139.8…
US stock indices declined on Tuesday as investors focused on the fate of President Donald Trump’s giant tax cut proposal. The legislation is expected to face a close vote later this week. “We have a tremendously unified party,” Trump told reporters as he arrived at Capitol Hill on Tuesday to encourage Republicans to resolve their…
Wall Street stocks slipped and US Treasury yields jumped on Monday after ratings agency Moody’s cut the United States’ credit rating. Moody’s late on Friday slashed the United States’ sovereign credit rating to “Aa1” from “Aaa”, citing rising levels of government debt and interest payment ratios “to levels that are significantly higher than similarly rated…
Wall Street markets in the week ahead will be guided by plenty of earnings reports, including Home Depot, Palo Alto Networks, Medtronic, Snowflake, Intuit and Workday. On the economic data front, investors will witness new and existing home sales numbers, S&P flash US services and manufacturing PMIs for May. US Federal Reserve Chair Jerome Powell’s…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, following mixed global market cues. Asian markets traded mixed, while the US market ended mostly higher overnight, after the retail sales and inflation data. On Thursday, the Indian stock market ended with stellar gains led…
