A strong rally in stocks and favourable movement in government bonds showed no signs of declining, with global indexes posting strong weekly gains. The Dow Jones continued to rally for 5th consecutive week, which was the longest winning streak since the year 2021. S&P 500 climbed to its highest closing level since the month of March
With 2023 year reaching its conclusion, there continues to be growing consensus that expected recession, which was once a topic of concern, is now being avoided. As per Goldman Sachs’ 2024 outlook report, there should be modest growth in the US economy in the next year and the financial giant does not see the onset of
The US equity markets saw mixed performances on Thursday, but closed November on high note. Dow Jones, S&P 500, and Nasdaq Composite all the 3 indexes ended their 3-month losing streaks. Dow Jones saw a significant rally intraday after the US Fed’s preferred measure of inflation saw a dip again in October. Salesforce shares provided
S&P 500 and the Dow Jones closed Wednesday flat, and indexes are on track for strong November gains. 30-stock Dow Jones saw an increase of ~13.44 points, or 0.04%, to end the session at ~35,430.42. The S&P 500 was slightly down by ~0.09% to end at ~4,550.58, with the Nasdaq Composite declining by ~0.16% to 14,258.49. As a result of strong November rally,
Residential projects in Noida, short for New Okhla Industrial Development Authority, has emerged as a bustling hub for real estate development in the National Capital Region (NCR) of India. The city’s strategic location, excellent connectivity, and robust infrastructure have fueled the growth of residential projects, making it an attractive destination for homebuyers and investors alike.
The US stocks ended higher as the markets saw a fairly muted trading day on 28th November, with cautious investors assessing hints that the red-hot November rally might be overdone. The Dow Jones Industrial Average ended higher as the index went up by over ~0.2% while tech-heavy Nasdaq Composite saw an increase of ~0.3%. Benchmark
The Goldman Sachs Group, Inc. has been categorised as one of the biggest investment management firm in the world. It is one of the oldest banks around as the company has its roots back to 19th century. Institution’s operations have seen many ups and downs since the inception year and it has stood strong across
Asian stocks were seen trading in the losses and the US equity futures saw a decline as traders and analysts continue to eye further data points from the US, Europe and China to get an idea if the November rally will be sustained or not. Since Asian markets erased gains, the key data points which
Bank of America, a leading US financial institution, has stated that global investors have invested ~$40 billion in stocks since Oct. 9. This was the biggest 2-week inflow since the month of February in 2022. As a result this increased investments in the overall market, equities on Wall Street saw a significant rally. In just
Warren Buffett has been regarded as one of the richest people in the world, and much of his fortune has been the result of careful and patient investment decisions which he made in stocks in the financial industry. The man carries out the operations through investment holding company, Berkshire Hathaway. To no surprise, his company
