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S&P 500 extends streak of record highs; Tesla tumbles

S&P 500 extends streak of record highs; Tesla tumbles

Fri, Jan 26, 2024

US stock market: The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong US economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.

Stocks climb on positive earnings, economic data; yields rise

Stocks climb on positive earnings, economic data; yields rise

Thu, Jan 25, 2024

MSCI's global equity index rose on Wednesday, hitting its highest level in almost two years, backed by positive earnings and economic data in both Europe and the United States as well as optimism China stimulus will support its stock markets.

S&P 500 notches third straight record high close

S&P 500 notches third straight record high close

Wed, Jan 24, 2024

US stock market: The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week.

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Tech stocks boost Wall St ahead of Fed minutes

Tech stocks boost Wall St ahead of Fed minutes

Thu, Feb 22, 2018

Gains in technology shares powered Wall Street`s main indexes on Wednesday ahead of minutes of the Federal Reserve`s most recent policy meeting.

Wall Street higher as investors assess tax bill gains

Wall Street higher as investors assess tax bill gains

Fri, Dec 22, 2017

Wall Street`s main indexes rose on Thursday as investors were hopeful that lower corporate tax rates would allow companies to spend additional capital on dividends, new projects and wages, which could give a boost to the overall economy.

Here’s what may transpire if Amazon’s rival Flipkart lists IPO in 2018

Here’s what may transpire if Amazon’s rival Flipkart lists IPO in 2018

Wed, Dec 20, 2017

Even though Indian equity markets have been touted to be near 'all-time' highs, Flipkart's IPO listing on Nasdaq may steer up other consequences. We tell you all about it.

Europe sucked into sell-off, sterling suffers Brexit blues

Europe sucked into sell-off, sterling suffers Brexit blues

Tue, Dec 05, 2017

US futures were pointing to another Nasdaq drop later too amid worries that Donald Trump`s long-promised tax cuts -- which took a big step forward on Monday -- could strip tech firms of some of their R&D tax breaks.

Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless

Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless

Mon, Dec 04, 2017

The U.S. dollar bounced to a two-week top on Monday and S&P futures rallied as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in the world`s largest economy.

IIT placement season begins; highest offer made by Microsoft of Rs 1.4 crore

IIT placement season begins; highest offer made by Microsoft of Rs 1.4 crore

Sat, Dec 02, 2017

IITs placement is an activity which takes place on yearly basis. Major companies across nations participate in this season, providing handsome job offers to Indian students.

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Wed, Jul 19, 2017

"Globally, financial conditions tend to improve when the dollar is weak and vice versa," they added. "The falling dollar – still the globe`s major reserve and funding currency – tends to see risk appetite flourishing."

Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Fri, May 26, 2017

The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.

S&P 500 hits record high after upbeat retail results

S&P 500 hits record high after upbeat retail results

Fri, May 26, 2017

The discretionary index gained 0.9%, while the S&P 500 retail indexwas up 1.6%, its best day since Dec. 7.

Asia stocks mixed, but Trump's troubles weigh

Asia stocks mixed, but Trump's troubles weigh

Fri, May 19, 2017

Japan`s Nikkei was almost 0.1 percent higher, headed for a decline of 1.6 percent for the week.

Asian stocks retreat, dollar holds gains on hawkish Fed statement

Asian stocks retreat, dollar holds gains on hawkish Fed statement

Thu, May 04, 2017

The dollar gained 0.1% to 112.83 yen , its highest since March 20, after surging 0.6% on Wednesday to close at the session high.

Snapchat CEO's alleged comments makes the company poorer by Rs 1,923 crore

Snapchat CEO's alleged comments makes the company poorer by Rs 1,923 crore

Tue, Apr 18, 2017

Although share price of Snapchat recovered a bit but ended the day lower by 1.24%

Global stocks, dollar recover as markets try to move past Trump's policy stumble

Global stocks, dollar recover as markets try to move past Trump's policy stumble

Tue, Mar 28, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.3% in early trade.

Ghosts of past tech IPOs could haunt Snap's performance

Ghosts of past tech IPOs could haunt Snap's performance

Sat, Feb 25, 2017

Globally, shares of most of the 25 largest technology IPOs have languished in their first 12 months on the public market, with 16 of them notching a hefty decline from their debut day closing price, according to a Reuters analysis of market performance. Eight of the 10 biggest fell by between 25 percent and 71 percent.

Global stocks, dollar subdued with investors cautious on US election outcome

Global stocks, dollar subdued with investors cautious on US election outcome

Tue, Nov 08, 2016

Trade was largely driven by cautious expectations of a win for Democrat Hillary Clinton, but some sharp swings in recent days across all asset classes meant big bets were relatively thin on the ground as Americans started voting.

Asia stocks, dollar edge up on China inflation data relief

Asia stocks, dollar edge up on China inflation data relief

Fri, Oct 14, 2016

Asian stocks and the dollar bounced on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data eased some concerns about the health of world's second-biggest economy.

Chinese shares open higher, Shanghai index up 0.52%

Chinese shares open higher, Shanghai index up 0.52%

Mon, Oct 10, 2016

Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 0.52 %, at 3,020.46 points. The smaller Shenzhen Component Index opened 0.42 % higher at 10,612.21 points, Xinhua news agency reported.

Facebook launches Marketplace for local buying and selling

Facebook launches Marketplace for local buying and selling

Mon, Oct 03, 2016

More than 450 million people already visit Facebook groups that have items to buy and sell each month, the company said.

Asian shares start Q4 with gains, sterling stumbles

Asian shares start Q4 with gains, sterling stumbles

Mon, Oct 03, 2016

Asian shares got the new quarter off to a firm start on Monday, while sterling tumbled as Britain set a March deadline to start divorce proceedings from the European Union (EU).

Cognizant Technology shares trade at 23-month low, on US investigation

Cognizant Technology shares trade at 23-month low, on US investigation

Fri, Sep 30, 2016

Cognizant said, “The company is conducting an internal investigation into whether certain payments relating to facilities in India were made improperly and in possible violation of the US Foreign Corrupt Practices Act and other applicable laws,” said a statement issued to the US stock exchange.”

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