Dollar drops as employers add fewer jobs than expected in AprilEmployers added 175,000 jobs last month, below economists' expectations for a 243,000 increase. Wages increased 3.9% in the 12 months throu...
04 May, 2024, 10.18 AM IST
Wall Street slides as hot producer price data crimps rate cut betsThe data could encourage the Fed to wait before cutting rates. Earlier this week, a hot consumer prices report sparked a selloff in equity ...
17 Feb, 2024, 09.30 AM IST
European shares poised for weekly gains on media, retail boostEurozone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Cent...
24 Nov, 2023, 03.52 PM IST
US stock market: Wall Street falls more than 1%; yields rise, investors assess earningsMounting tensions in the Middle East stoked risk aversion. Safe-haven gold hit its highest level in more than two months. The Cboe Volatili...
19 Oct, 2023, 06.55 AM IST
Wall Street extends sell-off as Powell hints at further rate hikesThe three major US stock indexes declined for a third straight day, with tech-related shares weighing heavily, after Federal Reserve Chairm...
22 Jun, 2023, 07.46 AM IST
US stock market: S&P 500, Nasdaq climb as strong earnings offset slowdown worries, Fed meeting in focusUS stock indexes rose with Exxon and Intel's strong earnings reports counterbalancing Amazon's slowdown, while economic data cemented predi...
29 Apr, 2023, 09.37 AM IST
US stock market: S&P 500, Dow sink as weak earnings fan fears of economic slowdownWall Street's major indices fell sharply, with the Dow Jones Industrial Average and the S&P 500 dropping by the most this month, due to inv...
26 Apr, 2023, 07.50 AM IST
US stock market: S&P 500 ends up slightly; SVB deal lifts bank sharesThe S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to boost bank shares, while a decline in tech...
28 Mar, 2023, 07.42 AM IST
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...
16 Mar, 2023, 10.05 PM IST
Fed seen hiking policy rate above 5% as job gains surgePowell has said he does not expect inflation to fall fast enough to allow the Fed to cut rates at all this year. Friday's Labor Department ...
04 Feb, 2023, 10.28 AM IST
US stock market: Wall Street rallies as Fed's Powell nods to easing inflation after rate hikeInvestors were mostly focused on the Fed's path forward, as the size of increase for its first policy meeting of the year was in line with ...
02 Feb, 2023, 08.23 AM IST
European shares slip as investors weigh earnings reportsShares of ASML Holding NV lost 2% and were among the top drags on the STOXX 600, despite forecasting sales growth of more than 25% for 2023.
25 Jan, 2023, 02.49 PM IST
US stock market: Wall Street ends up as data suggests inflation may be on downward trendMicrosoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil pric...
13 Jan, 2023, 07.45 AM IST
US stock market: S&P 500 near flat as investors weigh chances of less aggressive rate hikesA consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Cha...
10 Jan, 2023, 07.57 AM IST
Wall Street falls sharply on angst over hawkish FedAt 11:52 a.m. ET, the Dow Jones Industrial Average was down 816.88 points, or 2.40%, at 33,149.47, the S&P 500 was down 104.30 points, or 2...
15 Dec, 2022, 11.14 PM IST
Futures rise ahead of CPI report, Fed rate decisionThe core rate which excludes volatile food and energy prices is expected to have increased 6.1%, after a 6.3% rise in October.Money market ...
13 Dec, 2022, 08.01 PM IST
US stock market: Dow, S&P 500 rise as Fed signals slowdown in rate hikesThe number of Americans filing new claims for unemployment benefits rose more than expected last week and U.S. business activity contracted...
24 Nov, 2022, 07.28 AM IST