[ad_1] US stock indices opened lower on Monday after President Donald Trump’s renewed attacks against Federal Reserve Chair Jerome Powell sparked concerns about the central bank’s independence. At the opening bell, the Dow Jones Industrial Average fell 236.2 points, or 0.60%, to 38,906.04. The S&P 500 fell 49.8 points, or 0.94%, to 5,232.94, while the…
[ad_1] Of course, the US bond market is no small matter. At $28 trillion in size, it is a beast of a market that has hitherto anchored the global financial system. When this market shakes, it amounts to a referendum on the world’s confidence in the US. In reaction to Trump’s ‘Liberation Day’ announcements, yields…
[ad_1] The Nifty Bank has risen 9% over a month (19 March to 17 April), making it among the best-performing indices in anticipation of better earnings from its 12 constituents. Given the stellar rally of the past month, option sellers are expecting a moderate rise and have sold straddles, hoping to pocket the premia paid…
[ad_1] After being on a downswing for nearly six months, stock markets have started to rise again. The overall benchmark indices, Nifty 50 and Sensex, spiked over the last four trading sessions (up to Thursday), with the former rising 6.5 per cent and the latter 6.4 per cent during this period. Although trade tensions over…
[ad_1] Infosys ADR Shares: India’s second-largest IT firm, Infosys Ltd’s American Depository Receipt (ADR) shares dropped more than 4 per cent to $15.68 on the New York Stock Exchange (NYSE) after Wall Street opened on Thursday, April 17. The Infosys ADR shares were down over 4 per cent at the US market open to $15.68…
[ad_1] India’s aviation regulator should initiate the process of testing the airworthiness of China-built mid-range passenger aircraft C919. This would be a subtle hint that India is not exactly pleased with the tariff war that US President Donald Trump has declared against the world, despite the muted official response from New Delhi. Such a move…
[ad_1] US stock indices opened sharply higher on Monday, with the tech-heavy Nasdaq climbing over 2%, as investors cheered the White House’s move to exempt smartphones and computers from tariffs. At the opening bell, the Dow Jones Industrial Average rose 333.4 points, or 0.83%, to 40,546.15. The S&P 500 rose 78.6 points, or 1.47%, to…
[ad_1] Gold prices could reach as high as $4,500 per ounce in an extreme risk case by the end of 2025, foreign investment bank Goldman Sachs said, citing escalating US-China trade war and fears of recession. However, Goldman Sachs raised gold price target to $3,700 an ounce by end-2025, its third such hike this year,…
[ad_1] Asian markets traded higher on Monday after US President Donald Trump announced a pause on tariffs on some consumer electronics. Japan’s stock market indices climbed led by chip-related stocks, while markets in South Korea also traded higher. The Trump administration has exempted consumer electronics such as smartphones, computers, and other electronics from its reciprocal…
[ad_1] After wild swings in recent trading sessions on Wall Street and global markets, driven by the chaos of US President Donald Trump’s multi-front trade war, investors in the week ahead will closely track the economic developments. The United States and China’s escalating tariff battle has raised fears of an enduring trade war between the world’s…
