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BANSARI MAYUR KAMDAR
S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut betsAt 09:37 a.m. ET, the Dow Jones Industrial Average was up 8.98 points, or 0.02%, at 38,800.33, the S&P 500 was up 9.57 points, or 0.19%, at...- Investors flock back to AI fund on rate cut hopes, Nvidia resultsThe Global X Robotics & Artificial Intelligence ETF received $35.5 million in net inflows in the week ending on Wednesday, its strongest si...
- Investors in thematic funds hurt returns by trading too frequently: MorningstarInvestors tracking technology funds saw a gap in returns of 5.5 percentage points, compared to a 1.1 percentage point gap in returns on bro...
- US Treasury bond ETFs climb as Middle East conflict spurs safe-haven demandThe iShares 20+ Year Treasury Bond ETF rose 0.9%, after falling over 4% last week, while the iShares 7-10 Year Treasury Bond ETF climbed 0....
- European shares slide as firm yields weigh, China woes persistCarmat's shares slumped 36.4% after the French artificial heart maker said on Monday it would miss its full-year sales target amid supply i...
- US stock market: Dow Jones, S&P 500 regain ground as US inflation report nearsU.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 rising 17.7% this year, fueled by optimism around artificial intellige...
- US stock market: Wall Street ends down, investors step back after Fitch US rating cutFitch downgraded the United States to AA+ from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well ...
- Wall St ends up ahead of CPI; JPMorgan, financial shares gainU.S. consumer price data is due on Wednesday, while a producer prices report is due on Thursday. Several Fed officials said this week the c...
- Wall Street posts modest loss after Fed minutesIn data out on Wednesday, new orders for U.S.-made goods increased less than expected in May, fanning fears of an economic slowdown. Meanwh...
- European shares post worst week in three months, Siemens Energy slumpsEuropean shares closed lower on Friday amid concerns of higher interest rates and inflation, prompted by central bank policy decisions thro...
- Chinese small-cap stocks surge in meme-like rallyShares in small and micro-cap Chinese firms that are listed in the US soared on Friday, echoing rallies of last summer fuelled by individua...
- European shares slip as ECB sticks to big rate hikesEuropean stocks erased their gains on Thursday as a 50-basis-point interest rate hike by the European Central Bank amid the crisis surround...
- European shares dip as rate hike nerves crimp rallyAfter a rough 2022, Europe's STOXX 600 has risen 5.5% since the start of this year on growing hopes that the euro zone will get a milder-th...
- Twitter slips as investors await funding details on Musk's $44 billion dealShares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April ...
- Meme stocks in reverse as Bed Bath & Beyond slump spooks investorsBed Bath & Beyond Inc's shares extended their plunge, falling 42% to $10.80, after Cohen said a day earlier he had sold his 9.8% stake in t...
- Wall Street ends higher, Cisco Systems jumps after forecastMeanwhile, Cisco's stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast f...
- Wall Street ends down, but indexes briefly cut losses after Fed minutes"They stayed hawkish, but they also opened the door perhaps for a half of a percentage point hike in September as opposed to 75," said Pete...
- Robust earnings support European shares; eyes on BoE rate decision"There has been a pattern in recent meetings, like the Reserve Bank of Australia this week, where central banks have struggled to convince ...
- S&P 500 ends lower after four-day rally to record highThe Dow Jones Industrial Average rose 95.83 points, or 0.26%, to 36,398.21; the S&P 500 lost 4.84 points, or 0.10%, to 4,786.35 and the Nas...
- S&P 500, Nasdaq rise with growth stocks; JPMorgan a dragMega-caps growth names including Amazon.com Inc, Google-parent Alphabet and Microsoft Corp all rose.
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