With 2023 coming to an end, several market experts are now confident that the recession which they were expecting is not likely to take place this year. However, now the question is, whether this optimism will last till the next year? Goldman Sachs has released 2024 outlook report, in which it expects that the US economy
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,
Growth companies and the organisations which are working on disruptive technologies saw adverse impacts as a result of market conditions due to higher cost of capital in short time period. S&P 500 Growth Index, which is an index tracking growth stocks from S&P 500 Index, saw a decline of over ~30% in 2022. However, this
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
Warren Buffett has been categorised as one of the most successful investors, with net worth standing at ~$120 billion as at November 21, 2023, as per Forbes’ real-time billionaires list. Legendary investors is one of the certain individuals on the Forbes’ list who made fortune only by investing in share market. However, he did not
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
It goes without saying that growing savings with support from the stock market has been always been beneficial. However, there are certain tactics which are more dependable in comparison to others. In previous 50 years, and perhaps longer, stocks which have paid dividends have attracted more attention of the investors in comparison to their non-dividend-paying
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
Environmental concerns are now a global subject for discussion because a range of companies, several governments, along with regulatory bodies continue to be highly concerned regarding global warming and higher carbon footprints. Globally, the companies are formulating strategies to reduce carbon emissions and prefer favourable methods which includes switching their day-to-day operations to renewable and
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
