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
Stocks saw a mixed finish on Friday after the end of half-day trading session as the markets opened after the thanksgiving holiday. On Friday, S&P 500 went up by ~0.1% after fluctuating between small gains and losses for most part of the day. The Dow Jones went up by ~0.3% and Nasdaq composite was down
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
