The S&P 500 ended nearly flat on Thursday as a decline in Microsoft offset gains in Meta Platforms, while uncertainty over the Middle East pushed oil prices and Treasury yields higher, Reuters reported. The S&P 500 and Nasdaq recovered from their session lows after Reuters reported that US and Iranian negotiators were exploring a phased…
Mumbai: After remaining buyers for about five fortnights, overseas investors again turned sellers in the first half of September, with financials, auto, oil and gas and FMCG seeing the biggest selling. Healthcare witnessed the highest inflows in the period, reflecting the defensive tilt in their near-term outlook for Indian equities. Foreign portfolio investors sold nearly…
U.S. stocks advanced on Friday, with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting. The Labor Department said nonfarm…
Asian stocks slipped Thursday after a recent tech-led rally on Wall Street paused. Crude oil edged lower as Iran reached an agreement with Oman on the Strait of Hormuz. The MSCI Asia Pacific Index declined 0.2%, with South Korea’s Kospi Index falling 1%. Earlier, the S&P 500 Index pulled back from a record high while…
Wall Street indexes closed lower on Thursday with Nasdaq sinking more than 2% as the latest earnings updates from large technology companies revived concerns about heavy AI spending, while soaring oil prices amped up inflation worries, lifting bond yields. Losses were broad-based after investors were unimpressed by second-quarter results from Alphabet and Tesla , the…
The S&P 500 ended lower on Wednesday after U.S. President Donald Trump said an interim deal aimed at ending the war with Iran was “over,” while Broadcom led gains among recently battered chip stocks. Speaking at a NATO summit in Turkey, Trump said he had no interest in further talks with Iran and warned that…
The S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season. Broadcom jumped after the chipmaker and Apple agreed to extend a deal through 2031 to develop and supply…
The Indian stock market extended gains on Friday, with Sensex and Nifty rising more than 0.3% each due to easing Middle East conflict, lower expectations of Fed rate hikes, and other key factors. Sensex gained around 262 points to close at 77,764, while Nifty 50 rose more than 95 points to end the session above…
Wall Street’s main indexes rallied on Monday, with the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz, leading to an easing of inflation fears as crude oil prices dropped. The deal framework – expected to be…
Stocks are selling off globally this morning as unhappy investors see the price oil rising again—because of renewed conflict in the Middle East—and President Trump’s inability to rein in Israeli Prime Minister Benjamin Netanyahu. There’s also a total meltdown in semiconductor stocks—a bad sign for the SpaceX IPO on Friday. The VIX fear index is…
