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Sensex, Nifty hit fresh record high levels

Rising for the fourth straight session, the 30-share BSE Sensex climbed 308.37 points or 0.40 per c…

PTI   


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Wall Street's renewed bullishness on Apple stock is all about the iPhone 16

Apple's latest iPhone will trigger a multi-year upgrade cycle that should push the firm to $256 a s…

Filip De Mott   


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The inflation report is great news for the prospect of a rate cut

Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…

Max Adams   


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1 min read

Investors should load up on defensive sectors like consumer staples as macro data sends mixed signals about the economy, Morgan Stanley says

Analysts led by Mike Wilson said consumer staples are among the defensive sectors as consumers focu…

Yuheng Zhan   


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Stock market today: S&P 500 closes at a fresh record above 5,600 as traders brace for June inflation

The S&P 500 closed above 5,600 for the first time and the Dow soared 430 points. Economists expect …

Jennifer Sor   


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Apple seems super confident that AI will make you want to buy a new iPhone

Apple appears to be expecting sales of the upcoming iPhone 16 to be boosted by consumer interest in…

Hasan Chowdhury   


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FII's bullish on financial services and telecom segment as per June 2024 NSDL data

The Indian equity market witnessed a significant boost in the latter half of June 2024, with FII re…

ANI   


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Stock market today: Stocks close at records as Powell strikes dovish tone and Tesla shares spike

The S&P 500 neared a new record high as stocks were propelled by dovish remarks from Jerome Powell,…

Filip De Mott   


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Stock market today: US indexes rebound as Nvidia's revival sets off a tech rally

The S&P 500 and Nasdaq both climbed after Nvidia snapped a sell-off that had erased $431 billion in…

Filip De Mott   


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Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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Consumer confidence stays stable in RBI survey across 19 major cities

Households' assessment of current earnings reached its highest level since July 2019 and expectatio…

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Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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‘Confident’ Indians might splurge on big-ticket items in 2024

The ghost of the pandemic is now a thing of the past. Consumer confidence index which hit a five-ye…

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Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary

The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…

Jennifer Sor   


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Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform

The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…

ANI   


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Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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JPMorgan's bearish quant guru says the meme-stock resurgence is a bad sign for markets

"It is possible, but historically and statistically unlikely, that this time is different," JPMorga…

Matthew Fox   


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Stock market today: Indexes slide as traders brace for market-moving Nvidia earnings

Traders are looking to Nvidia's first-quarter results as the catalyst that could power the next leg…

Jennifer Sor   


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The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor