Wall Street stocks gained on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China. As of 12:23 PM Eastern time, the S&P 500 was 0.3% higher, the Dow Jones Industrial Average was up 0.1%, and the Nasdaq Composite was 0.3% higher. At 10:03 AM ET, the Dow Jones…
Novo Nordisk shares climb 3% on easing compounder competition A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Shares of Wegovy maker Novo Nordisk climbed 3% Monday as telehealth platform Hims & Hers is reportedly set to cut 4% of its workforce amid…
US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 11:47 AM EDT, the Dow Jones Industrial Average fell 0.21%, the S&P 500 gained 0.93%, and the Nasdaq Composite rose 1.65%. At 10:48 AMEDT, the Dow…
Wall Street’s key stock indices surged sharply on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. The US will cut tariffs on Chinese goods to 30% from as high as…
Wall Street stock indices edged higher on Friday on stronger-than-expected jobs data and easing trade tensions. At 12:58 PM EDT, the S&P 500 gained 1.58%, the Dow Jones Industrial Average rose 1.49%, the Nasdaq Composite surged 1.76%. At 11:31 AM EDT, the S&P 500 gained 1.04%, the Dow Jones Industrial Average rose 0.81%, the Nasdaq Composite rose 1.26%. At…
New Delhi: Stock markets across the globe sank after US President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump’s comments made on Monday struck fears of a trade war in North America and sent financial markets reeling. The US stocks tumbled sharply in late afternoon trading,…
US stocks edged higher on Monday as steelmakers surged after US President Donald Trump said he would impose 25% tariffs on steel and aluminum imports. Trump also said he would announce reciprocal tariffs on all countries on Tuesday or Wednesday. As of 10:15 am Eastern time, the S&P 500 was up 0.6%. The Dow Jones…
Budget Economic Survey 2025 LIVE: Union Finance Minister Nirmala Sitharaman tabled the Economic Survey document in Lok Sabha in Parliament on Friday, January 31. India’s FY26 GDP growth is expected in the range of 6.3-6.8 per cent amid global uncertainty. The survey expects inflation to be under control while consumption could remain stable. It also…
Wall Street in the week ahead will witness plenty of economic data, but major focus of investors will on the US Federal Reserve’s monetary policy. The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is widely expected to…
US stocks mostly rose on Thursday after US President Donald Trump’s Davos comments and corporate earnings. At the WEF in Davos , Switzerland, Trump said that he is working to reverse inflation, lower taxes and boost fossil fuels production in the US but did not elaborate on his proposed tariffs. At 11:57 a.m. ET, the Dow…
