Stock Market Today: Indexes Close Lower As Tech Stocks Fall
Indexes closed lower on Thursday, led by a slide in tech stocks like Apple. The Nasdaq slipped almost 1%, while the Dow and S&P 500 fell slightly. The losses come after strong gains on Wednesday after cool CPI and strong bank earnings. US stocks dipped Thursday, led by a slide in tech stocks like Apple…
READ MOREStock Market Today: Indexes Mixed Ahead of CPI Inflation Data
Indexes closed mixed after a cooler-than-expected inflation report on Tuesday. Investors are now waiting for consumer price index data to come in on Wednesday. The reading will be a crucial input for Fed policy this year. US stocks closed mixed on Tuesday as investors geared up for a pivotal inflation report. Each index initially opened…
READ MOREStock Market Today: S&P 500, Dow Jones End 5-Day Losing Streak on Tech Jump
US stocks rose Friday, ending a five-day losing streak. Consumer discretionary and technology sectors led gains, signaling a shift to risk-on. Positive ISM Manufacturing data and political stability with the reelection of Mike Johnson helped push stocks higher. US stocks jumped on Friday, ending a five-day losing streak for the S&P 500, Dow Jones, and…
READ MORE
Japan’s Nikkei ends nearly flat as markets await key central bank meetings
Japan’s Nikkei share average ticked lower to close nearly flat on Monday, as caution ahead of major central bank meetings this week largely trumped a rise in heavyweight chip-related shares. The Nikkei erased early gains to close down 0.03% at 39,457.49, while the broader Topix shed 0.3% to 2,738.33. “There’s certainly a strong sense that…
READ MORE
Indian billionaires’ wealth nearly tripled to $905 billion in 10 years: Report
India has emerged as a hotspot for wealth creation in the Asia-Pacific region, with the combined net worth of its billionaires nearly tripling to $905.6 billion in 10 years as of 2024. India now ranks third globally in total billionaire wealth, behind the United States and China, a UBS report highlighted. Rising sharply from $637.1…
READ MOREStock Market Today: Indexes Mixed Ahead of Key Labor Data
Stock trades were mixed as investors watched for key economic data this week. The S&P 500 and the Nasdaq managed to push slightly higher for another record close. Stocks in South Korea plunged after martial law was declared in the country. US stocks wavered and ended mixed on Tuesday as investors stepped back from a…
READ MORE
FPI inflows in equities drop to Rs 7,320 crore in August due to higher valuations
Foreign investors have adopted a cautious stance and infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks and the unwinding of the Yen carry trade after Bank of Japan raised interest rates. This investment was way lower than Rs 32,365 crore in July and Rs 26,565 crore in…
READ MORE