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US ELECTION IMPACT ON MARKETS
Mark Zuckerberg directed Meta to create a prediction markets app: NYTMeta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Ini...
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mountIndian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Fede...
US bond yields back to 'normal'; AI needs a reality check, says Ed YardeniVeteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisi...
US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...
Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lowerIndian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses i...
US stocks: Uber-backed Lime seeks up to $1.66 billion valuation in US IPOElectric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million....
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
Ceasefire, Inflation, Elections: 5 themes driving global markets this week
US Stock Market: Foreign demand for US Treasuries rises in April, led by Japan and UKForeign investors continue to show strong interest in U.S. Treasury securities, with holdings inching up in April to $9.352 trillion. This ...
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
Democratic socialists surge in mayoral races across the country as anti-Trump fervor risesA new wave of progressive leaders is winning mayoral races in major US cities. Candidates like Janeese Lewis George in Washington D.C. and ...
Holiday Halt: S&P 500, Nasdaq to remain closed for Juneteenth today after busy 'triple witching' sessionUS financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observanc...
Yen nears weakest in 40 years as BOJ hike fails to stem routThe yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by governmen...
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
US Fed meeting outcome today: 5 things investors should watch as policymakers weigh inflation risksThe US Federal Reserve is expected to leave interest rates unchanged at its policy meeting on Wednesday, the first under new Fed Chair Kevi...
Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...