The Indian stock market logged a second consecutive week of consolidation, but also a third straight monthly gain, supported by steady institutional inflows and earnings momentum despite geopolitical and trade concerns. Next, investors will monitor key market triggers in the first week of the new month. Monetary Policy Committee (MPC) meeting by the Reserve Bank…
– Gold prices slipped on Thursday to their lowest levels in more than a week after a U.S. federal court blocked President Donald Trump’s “reciprocal tariffs”, dampening the metal’s safe-haven allure, while a robust dollar put further pressure on bullion. Spot gold was down 0.6% at $3,271.17 an ounce, as of 0618 GMT, after hitting…
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…
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 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…
‘What does Trump want?’ is a question much of the world has struggled to answer for weeks since US President Donald Trump imposed sweeping tariffs on trade partners, as well as no-commercial trade geographies inhabited only by penguins and seagulls, and then put them most on pause. He raised tariffs on China, then raised them…
On April 4, 2025, the Trump administration formally announced the reintroduction of sweeping “reciprocal tariffs.” These proposed duties aimed to match or exceed the import tariffs other nations impose on American goods. Despite their aggressive tone, they have deferred their actual implementation by 90 days, bringing the effective date to early July 2025. This delay…
US stocks declined on Thursday following mixed economic data as UnitedHealth Group dove on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation PCE unexpectedly dropped last month. At 09:42 a.m., the Dow Jones Industrial Average fell 128.62 points, or 0.31%, to 41,922.44,…
