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After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.
Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.
After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.
Brent crude fut...
Ahead of the most recent U.S. jobs reading, Asian stock markets decline
On Friday's Asian stock market action was uneven ahead of U.S. jobs data that could support Federal Reserve plans for larger interest rate increases to curb rising inflation.
Seoul, Tokyo, and Hong Kong all withdrew as Shanghai moved forward. Over $1.50 per barrel was added to the p...
UK STOCK MARKET CLOSED LOWER ON THURSDAY
Highlights:
- The stock market in the United Kingdom closed lower on Thursday
- The FTSE 100 of London has been dropped on Thursday as it has been dragged down by miners on concerns about rising bond yields
The FTSE 100 of London has bee...
U.S. STOCKS SLUMP ON THE LAST TRADING DAY OF THE WEEK
Highlights
• The Dow Jones Industrial Average index plunged 0.3 percent, while the tech-heavy Nasdaq Composite was trading 0.1 percent down
• Continuously rising cases of COVID-19 and the U.S. Treasury’s decision to allow several emergency Federal Reserve progr...
COVID-19 IMPACT: U.S. STOCKS TRADING LOWER THAN EXPECTED
Highlights
• At the opening bell, the Dow Jones Industrial Average index was trading 125.41 points or 0.43 percent lower at 29,313.01, while the S&P 500 index was 13.88 points or 0.39 percent down at 3,553.91
• According to the US Labor Department, initial claims...
EUROPEAN STOCKS PULLED BACK OVER CONCERNS FOR THE GLOBAL ECONOMY
Highlights:
- The European stocks fall back on Thursday as the hopes of the investors flatter amid second wave of the novel corona virus pandemic
- The pan-European Stoxx 600 have been decreased by 0.9 percent by the mid of the morning
O...
DOW SLUMPS 900 POINTS, NASDAQ COMPOSITE AT 10,672
Highlights
• The Dow Jones Industrial Average index went down over 900 points or 3.3 percent and the S&P 500 index slumped 2.5 percent, while the Nasdaq Composite fell 120 points or 1.1 percent to 10,672
• While stocks are suffering, the US dollar is performing w...
U.S. STOCKS START NEGATIVE: Dow AT 27,740, NASDAQ HOVERING AROUND 11,000
Highlights
• The Dow Jones industrial average index is trading at 27,740 and the S&P 500 index is at 3,365 while the Nasdaq composite index is 11,018
• The stocks of Amazon, Alphabet and Facebook plunged 3.7, 3.3 and 3 percent respectively on Tuesday
...
U.S. STOCK MARKETS TO REMAIN SHUT ON MONDAY IN OBSERVANCE OF LABOR DAY
Highlights
• The New York Stock Exchange and Nasdaq will resume to usual trading on Tuesday
• The commodities market in the U.S., including gold and oil futures will also remain closed on Monday
After an extremely volatile week, the U.S. stocks which ...
SENSEX JUMPS 400 POINTS, NIFTY TOPS 11,750
Highlights
• The S&P BSE Sensex was trading at 39,711, while the benchmark Nifty 50 is at 11,726.20
• The top Sensex gainer in the first trading session on Monday was IndusInd Bank as it went up by 5 percent, followed by ONGC, Axis Bank and HDFC Bank (all up by 2...
SENSEX OPENS AT 38,900, NIFTY HOVERING AROUND 11,500
Highlights
• The S&P BSE Sensex is trading at 38,800 levels, while the benchmark Nifty50 index is at 11,470
• Bajaj Auto was the top Sensex gainer with jump of 3 percent followed by PowerGrid, Bajaj Finserv and Mahindra & Mahindra (all up by 2 percent each)
INDIA’S STOCK MARKET NOT IN SYNC WITH REAL ECONOMY WARNS RBI GOVERNOR SHAKTIKANTA DAS
Highlights
• The interest rates were held steady by the monetary policy committee in wake of rising inflation
• Since February, the RBI has brought down the repo rate by a total of 115 bps
• Indian economy will improve in the second half of the financi...
SENSEX SLIPS 250 POINTS, NIFTY AT 11,300
Highlights
• The S&P BSE Sensex is at 38,318.80 and the benchmark Nifty50 is at 11,337.15 levels
• ICICI Bank was the top Sensex laggard with fall of 2 percent followed by Larsen & Toubro, IndusInd and ONGC (all trading 1 percent lower)
• Total...
SENSEX JUMPS 200 POINTS, NIFTY RECLAIMS 11,300
Highlights
• The S&P BSE Sensex is trading at 38,304.27 levels, while the benchmark Nifty50 is at 11,331.15
• Reliance Industries Limited was the top Sensex gainer with jump of 1.9 percent in Tuesday’s morning trading session
• Total 36 compa...
SENSEX SURGES 100 POINTS, NIFTY HOVERING AROUND 11,350
Highlights
• The S&P BSE Sensex is trading at 38,485.61 levels and the broader Nifty50 index is at 11,345.95 points
• With jump of 2 percent, Titan was the top Sensex gainer in the first trading session on Thursday
• Total 178 companies including l...
SENSEX JUMPS 300 POINTS, NIFTY AT 11,300
Highlights
• The S&P BSE Sensex is trading at 38,395.69 levels, while the benchmark Nifty50 is at 11,326.95 levels
• Larsen & Toubro and Mahindra & Mahindra were the top Sensex gainers in the early morning session with growth of 3 percent each
&...
SENSEX OFF TO A SOLID START, NIFTY HOVERING NEAR 11,150
Highlights
• The S&P BSE Sensex is trading at 38,018.02 points, while the benchmark Nifty50 is at 11,846.40 levels
• Asian Paints was the top Sensex gainer with growth of 2 percent, followed by ITC, HDFC and SBI
• Total 49 companies including Dish ...
SENSEX SURGES 350 POINTS, NIFTY HOVERING AROUND 11,000
Highlights
• The S&P BSE Sensex is trading at 37,278.47 points, while the benchmark Nifty50 is at 10,980.65
• HDFC Bank and Vodafone Idea were top Sensex gainers in the first trading session if this week with growth of 5 percent and 6 percent respectively
...
INDIAN MARKETS EXTEND LOSSES: SENSEX DOWN BY 600 POINTS, NIFTY BELOW 10,700
Highlights
• The S&P BSE Sensex is trading at 36,060.51 levels, while the benchmark Nifty50 is at 10,619.05 points
• IndusInd Bank and HDFC twins were the top Sensex laggards with fall of 4 percent and 2 percent respectively
• Total 35 companies in...
SINGAPORE STOCK MARKET TO SEEK ADDITIONAL SUPPORT
Highlights:
- The Singapore stock market ended the three-day losing streak on Friday with a fall of 90 points which is equivalent to 3.5 percent.
- The Strait Times Index (STI) rests below the 2,525 points plateau.
- The Index surges by 1.2...