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A September rate cut would come shortly before another major economic event: the US presidential election.

US stock futures slid on Wednesday as Amazon's evidence of strong AI demand was tempered by signs of consumer weakness at Starbucks and McDonald's.

Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks in April, after remaining net buyers in the two preceding months, as the ongoing geopolitical crisis in the Middle East coupled with strength US bond yield likely pushed investors to take money off their portfolios.

Stocks plunged as markets adjusted to another hot economic data point right as the Fed gets ready to deliver its next policy decision.

The move from the DEA would reclassify cannabis as a Schedule III drug alongside other drugs like ketamine and some anabolic steroids.

The drop pared some of the gains from Monday's session, which saw the stock jump on optimism around Musk's China visit.

"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market."

"Demand continues to outstrip even increased supply," Eli Lilly's CFO said of its Zepbound weight loss drug on the company's conference call.

"Warren Buffett has been remarkably disciplined at adding to his Apple position when it is relatively cheap," Bernstein's Toni Sacconaghi wrote.

Trump Media stock has nearly doubled since mid-April, when the company posted a message informing investors how to defend against short sellers.

The Employee Cost Index came in hotter-than-anticipated, jumping 1.2% against estimates of 1% growth.

A"downside surprise" on GDP and the "upside surprise" on inflation complicates the soft landing view, JPMorgan says.

Stock futures retreated on Tuesday as investors braced for an update from the Fed that could dash hopes of interest-rate cuts this year.

​​​Equity benchmark indices Sensex and Nifty ended lower on Tuesday as a fag-end sell-off wiped out early gains, with IT and power stocks playing spoilsport amid a mixed trend in global markets. Snapping its two-day winning run, the 30-share BSE Sensex declined 188.50 points or 0.25 per cent to settle at 74,482.78. During the day, it had jumped 440.11 points or 0.58 per cent to 75,111.39.

Markets regulator Sebi has asked the National Stock Exchange (NSE) to designate a valuer to conduct the valuation of related party transactions betwe...

Equity benchmark indices extended their rally in early trade on Tuesday, following optimism in global markets and fresh foreign fund inflows. The 30-...

Amazon and Apple join 170 other S&P 500 companies that are set to report their first-quarter earnings results this week.

Economic advisors to the former president are discussing ways to punish countries that move away from the US dollar, sources told Bloomberg.

"We are optimistic that AMZN will be one of the 2-3 winners from GenAI," Needham analysts wrote.

Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The New York Times reported.

There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs report.

This is one of the busiest weeks of earnings releases for the quarter, with more than 170 S&P 500 companies set to report their first-quarter results.