US stocks retreat with data, Fed comments in focus
Wall Street\’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week for more clarity on monetary policy.
Tag: Index
22% \’volatility crush\’ on D-Street as exit polls scream Modi 3.0
India VIX plunges 22% as exit polls hint at NDA\’s strong win, boosting market optimism. Analysts anticipate a sustained rally with reduced volatility post-election outcome. Nifty and Sensex hit record highs, signalling bullish sentiment.
Ahead of Market: 10 things that will decide D-Street action on Friday
Domestic benchmark equity indices advanced on Thursday, led by heavyweight banking and IT stocks. Nifty formed a small Hanging Man pattern on the daily chart. Tata Motors, HDFC Bank, RIL, M&M, SBI, ICICI Bank and Bharti Airtel were among the most active stocks.
Tokyo\’s Nikkei index closes lower
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo\’s Nikkei index closes lower
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo\’s Nikkei index closes lower
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo\’s Nikkei index closes lower
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Pakistan benchmark share index extends rally, breaches 73,000
Pakistan\’s benchmark share index breached the key level of 73,000 to trade at a record high of 73,300 in early trade on Monday, according to data from the Pakistan Stock Exchange website.
UK\’s FTSE 100 hits record peak on weaker pound; Associated British Foods surges
The UK\’s blue-chip share index cruised to record highs on Tuesday, helped by a weaker pound and positive corporate updates, while investors focussed on earnings from U.S. tech giants this week.
\’Magnificent 7\’ earnings under watch amid tech slump
But hope is on the horizon. Profits for the Mag Seven – which also includes Apple, Amazon.com and Nvidia – are forecast to rise 38% in the first quarter from a year ago, dwarfing the overall S&P 500\’s 2.4% anticipated year-over-year earnings growth, according to Bloomberg Intelligence data.
ETMarkets Smart Talk: At 22K on Nifty, market is trading in line with 5-year average: Rakesh Parekh
Rakesh Parekh talks about the key drivers for the market — a combination of ample liquidity, pro-growth government policy direction, investments and capex entering an upcycle as well as corporate balance sheets that remain conducive for investments. He says: \”We are encouraging clients to add to their equity positions with a long-term perspective in mind to take advantage of this opportunity.\”
JPMorgan says buy the dip if poll volatility hits stocks
Prime Minister Narendra Modi-led Bharatiya Janata Party is widely expected to win a third term, which will help his administration continue its focus on modernizing infrastructure and boost manufacturing. Indian equities have risen to records this year following a rally driven by robust economic growth.