[ad_1] US stock indices opened higher on Tuesday, as investors focused on potential tariff developments and the US Federal Reserve’s interest rate strategy. At the opening bell, the Dow Jones Industrial Average rose 37.8 points, or 0.08%, to 44583.91. The S&P 500 rose 7.0 points, or 0.11%, to 6121.6​, while the Nasdaq Composite rose 63.8…
[ad_1] In a holiday-shortened week ahead, Wall Street investors will be focusing on home sales data and the Federal Reserve minutes of January monetary policy meeting. The markets will remain closed on Monday to mark Presidents’ Day. The week will also see other economic data including preliminary PMIs by S&P Global for services and manufacturing,…
[ad_1] US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs. At 9:40…
[ad_1] ITI Q3 Results: State-run telecom equipment manufacturer ITI posted strong results for the quarter ended December 31, 2024 (Q3FY25). It reported a net loss of â‚ą48.9 crore for the quarter, significantly improving from the â‚ą101.3 crore loss recorded in the same quarter of the previous fiscal (Q3FY24). Meanwhile, the company’s revenue from operations soared…
[ad_1] US stocks opened lower on Tuesday, as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on interest rates and trade tariffs. At the opening bell, the Dow Jones Industrial Average fell 69.0 points, or 0.16%, to 44,401.38. The S&P 500 fell 17.1 points, or 0.28%, to 6,049.32​, while the Nasdaq…
[ad_1] Shares of Eicher Motors fell nearly 7 percent in intra-day trading on Tuesday, February 11 post its December quarter results (Q3FY25) after global brokerage firm Goldman Sachs reduced its target price following the company’s Q3 FY25 earnings. Goldman Sachs maintained a ‘Buy’ rating on Eicher Motors but revised its target price downward to â‚ą5,900…
[ad_1] US stocks edged higher on Monday as steelmakers surged after US President Donald Trump said he would impose 25% tariffs on steel and aluminum imports. Trump also said he would announce reciprocal tariffs on all countries on Tuesday or Wednesday. As of 10:15 am Eastern time, the S&P 500 was up 0.6%. The Dow…
[ad_1] Warren Buffett famously said: “Be fearful when others are greedy, and greedy when others are fearful.” If you were bullish in September 2024, there is no reason to be bearish now just because of the correction. A correction was due any which way, as valuations were stretched. Whichever parameter you take for valuation—price-to-earnings ratio…
[ad_1] Two stocks to trade, recommended by NeoTrader’s Raja Venkatraman: • Ester Industries Ltd: Buy above â‚ą169 | Target â‚ą185 | Stop loss â‚ą162 This counter, after testing the value support region around â‚ą136-138 levels in the last few weeks, has shown an inclination to resume the upward bounce. A long body candle close on…
[ad_1] Wall Street investors will have a plenty of economic data to watch for in the week ahead. The major spotlight would be on jobs data for January, the University of Michigan’s preliminary consumer sentiment report, and manufacturing data for January. Besides economic data, the markets are likely to show some reactions to Donald Trump’s…
