The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Wednesday, as indicated by the Gift Nifty. Investors are likely to see domestic stocks open with deep cuts following a market holiday on Tuesday on account of Holi. The weakness comes as tensions between the US, Israel, and Iran…
(Updates to afternoon US trading) * Indexes: Dow up 0.10%, S&P 500 gained 0.27%, Nasdaq up 0.52% * Airline and cruise stocks take a hit, defense stocks rise * Tech stocks offset broader market losses * BlackRock-led consortium to acquire AES Corp for $33.4 billion By Sabrina Valle and Pranav Kashyap March 2 (Reuters) –…
Major Wall Street stock indices slumped sharply on Monday as investors braced for a protracted Middle East conflict. The downturn follows joint US-Israeli strikes on Iran that resulted in the death of its Supreme Leader, triggering a geopolitical crisis. In retaliation, Tehran launched a barrage of missiles targeting Israel and American bases throughout the Gulf….
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday, as the escalating war in the Middle East rattled investors globally after the US and Israeli strikes on Iran killed Iran’s Supreme Leader Ayatollah Ali Khamenei. Asian markets traded sharply lower, while the US stock futures declined, and…
Wall Street is preparing for a turbulent week ahead as the intensifying Middle East crisis dictates market sentiment. Geopolitical developments have moved to the foreground following the joint US-Israeli military strike against Iranwhich resulted in the death of its Supreme Leader Ayatollah Ali Khamenei and several high-ranking officials. The rapidly shifting landscape across the Gulf…
(Updates to midafternoon trading, adds analyst comments) Indexes down: Dow 1.32%, S&P 500 0.77%, Nasdaq 1.21% Financials fall on worries over lending standards Block surges on plan to cut 4,000 jobs on AI bet Netflix climbs after ending Warner Bros Discovery pursuit By Stephen Culp and Ragini Mathur NEW YORK, Feb 27 (Reuters) – Wall…
US stock indices slumped on Friday as AI worries dragged on tech stocks, while hotter-than-expected inflation data also dampened investor sentiments. At the opening bell, the Dow Jones Industrial Average fell 245.6 points, or 0.50%, to 49253.57. The S&P 500 fell 52.3 points, or 0.76%, to 6856.54, while the Nasdaq Composite dropped 263.0 points, or…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following weak global market cues. Asian markets traded mixed, while the US stock market ended mostly lower overnight, amid selling in technology stocks. On Thursday, the Indian stock market ended choppy session on a mixed note, amid profit…
(Updates to mid-afternoon trading) Indexes down: Dow 0.05%, S&P 500 0.73%, Nasdaq 1.45% Philadelphia SE Semiconductor index set to snap 10-week winning streak Trade Desk plunges after Q1 revenue forecast below estimates JM Smucker jumps on Q3 beat, deal with Elliott By Stephen Culp and Ragini Mathur NEW YORK, Feb 26 (Reuters) – US stock…
The S&P 500 and the Nasdaq slipped on Thursday, as concerns over a potential artificial intelligence (AI) bubble continue to weigh despite Nvidia’s stellar earnings. As of 9:35 am Eastern Time, the S&P 500 slipped 0.1% and the Nasdaq Composite was 0.4% lower. The Dow Jones Industrial Average was up 0.5%. At the opening bell,…
