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,
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
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
Major Wall Street indexes saw weekly gains on Friday, with global equities drifting to their strongest one-month rally since the month of November 2020 during the shortened week due to the U.S. Thanksgiving holiday. Oil traders are on their toes as oil futures continued to trade steady as a result of next week’s OPEC+ meeting,
Benchmark indexes closed the session flat post a lacklustre session on Thursday. By the closing, Sensex was down ~5.43 points or 0.01% to end at 66,017.81, with Nifty declining ~9.80 points or ~0.05% at 19,802. While healthcare index saw a fall of ~1% and IT index declined ~0.5%, the realty and oil & gas indices
The US stocks close higher on Wednesday as Wall Street braces itself for the Thanksgiving holiday break as fresh economic reports get released. Weekly jobless claims saw the fall of ~24,000 in comparison to ~209,000. Apart from this, the reading of University of Michigan consumer sentiment survey exhibited that year-ahead expectations for inflation increased to
On 21 November 2023, the US stocks retraced, with S&P 500 and Nasdaq ending their respective five-session winning streaks because retailers saw a fall post some unfavourable outlooks and there was a decline in technology shares. After the release of US Federal Reserve minutes, the indexes were lower as these minutes showed that officials have
While analysing the performance of Asian markets, Indian benchmark indexes kicked off the week with the negative opening as both the benchmark indexes traded lower. Markets continue to trade lower as banking and finance stocks suffered some losses post the central bank’s tightening guidelines about the lending rules. National stock exchange (NSE) Nifty 50 index
For the week ended 17th November 2023, the global indexes ended on a higher note as Nasdaq Composite saw an increase of ~2.76% and Dow Jones went up by ~2.01%. While Nasdaq-100 saw an increase of ~2.38%, S&P 500 Index was up by ~2.44%. Much of these increases were seen due to the favourable inflation
