US stock markets stabilised on Wednesday after a sharp sell-off in the previous session, as President Donald Trump said he would not use force to take control of Greenland, easing some investor concerns even as pockets of caution remained.The S&P 500 rose 0.3 per cent, recovering part of its 2.1 per cent decline on Tuesday, […]
Wall street took a sharp hit on Tuesday, plunging to their steepest single-day losses in three months, as investors reacted to US President Donald Trump’s fresh tariff threats targeting Europe. The move sparked a widespread risk-off selloff across asset classes, triggering concerns about another round of market volatility. All three major US indices posted their […]
Satyajit Ray had a rather turbulent early life, followed by a rather idyllic childhood. Ray with Ravi Shankar at a recording session for the music of his debut film, Pather Panchali (1955). (Wikimedia) His father, the renowned Bengali poet Sukumar Ray — known for his delightful nonsense verse and whimsical illustrations — died when the […]
US stocks opened higher on Friday, keeping Wall Street close to record levels as the first week of the quarterly earnings season drew to a close, supported by selective bank results and a rebound in oil prices.In early trade, the S&P 500 rose 0.3 per cent, while the Dow Jones Industrial Average added 116 points, […]
Wall Street steadied on Thursday as heavyweight technology stocks bounced back on the back of strong signals from the global chip industry, while a sharp drop in crude oil prices helped soothe broader market concerns, according to an AP report.The S&P 500 rose 0.6%, snapping a two-day losing streak that followed its recent record high. […]
US stock markets edged lower again on Wednesday as mixed earnings from major banks and a rise in oil and gold prices kept investors cautious. The S&P 500 slipped 0.3 per cent, extending its decline a day after hitting an all-time high. The Dow Jones Industrial Average fell 84 points, or 0.2 per cent, while […]
Asian markets mostly rose on Wednesday as Japanese stocks continued to outperform, extending a record-setting rally while yen weakened further. Hong Kong’s HSI traded at 27,037, up 188 points or 0.7%. Nikkei also inched higher, jumping 864 points or 1.6% to 54,413. Shenghai and Shenzhen also traded in green, up 1.11% or 1.83%. Meanwhile, in […]
File photo (Picture credit: AP) Wall Street edged lower on Tuesday as a mixed start to the latest earnings season and a largely expected inflation update failed to give markets clear direction.The S&P 500 slipped 0.3 per cent, while the Dow Jones Industrial Average fell 244 points, or 0.5 per cent, by mid-morning trade. The […]
US stocks edged lower on Monday as investors showed signs of unease over a sharp escalation in tensions between the White House and the Federal Reserve, two Washington institutions whose independence markets have traditionally taken for granted. The S&P 500 slipped 0.3 per cent from its record high, while assets that typically benefit during periods […]
Asian shares inched higher on Monday as investors weighed political and economic developments in the United States, while the dollar slipped amid concerns over the independence of the US Federal Reserve.HSI jumped 208 points or 0.79% to 26,439. Japan’s Nikkei also climbed 822 points or 1.6% to 51,939. Shenzhen and Shanghai also added 1.2% and […]
