NEW YORK: Wall Street closed lower on Monday, with stocks extending their slide after US Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine. All three major US stock indexes snapped four-session winning streaks on the heels of…Continue Reading
US stock indexes opened higher on Wednesday as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve. The Dow Jones Industrial Average rose 109.59 points, or 0.33%, at the open to 33,653.93. The S&P 500 opened higher by 25.69 points, or 0.60%, at…Continue Reading
The beginning of 2022 didn’t give an excellent start to Wall Street, and Russia’s decisions just added more uncertainty making things worse. A new variable to the market’s situation will be added this week as the meeting of Federal Reserves is likely to increase the interest rates. Investors are being reminded to keep a long-term…Continue Reading
Consolidation continued in Indian equities this week. Despite a wide trading range and some volatile moves, the market went on to end the with with just a modest cut. Nifty has resisted to the 20-week MA which presently stands at 17,604 in the week before this one, and it resisted to this WMA this week…Continue Reading
NEW YORK: Investors are closely watching the latest data on the rapidly spreading Omicron variant for signs of how much the virus could impact the U.S. economy and earnings as the market heads into what has historically been a strong time of year for equities. Overall, the S&P 500 is down only 0.1% since the…Continue Reading
Wall Street’s main indexes opened flat on Wednesday as the latest readings on inflation solidified bets that the Federal Reserve might announce a speedier winddown of its pandemic-era monetary stimulus later in the day. The Dow Jones Industrial Average rose 5.17 points, or 0.01 per cent, at the open to 35,549.35. The S&P 500 opened…Continue Reading
A street vendor in Ludhiana running a stall by the name of ‘Baba Ji Burger Wale’ is selling an expensive vegetarian burger that also contains gold. Yes, you read that right! While we have come across various dishes sprinkled with 24k gold on top of it. Only recently, celebrity chef Salt Bae was criticised after his…Continue Reading