[ad_1] US stocks are rallying Friday (March 14), but nowhere nearly by enough to keep Wall Street from a fourth straight losing week, which would be its longest such streak since August. The S&P 500 was 1.1% higher in early trading, a day after closing more than 10% below its record for its first “ […]
CNBC-TV18 Morning Call: Fed rate cut impact on markets, rupee at record low, SEBI new rules for SMEs – CNBC TV18
[ad_1] 1 / 14 The Dow Jones dropped 1,123 points (2.6%) on December 18 after the Fed forecasted only two rate cuts in 2025 instead of four, citing prolonged inflation concerns. This marks its longest losing streak since 1974. 2 / 14 The Federal Reserve cut rates by 25 basis points to 4.25%-4.5% but surprised […]
Gold climbs to a record as US data bolster Federal Reserve cut case – CNBC TV18
[ad_1] Gold climbed to a record after another faster-than-forecast US inflation print and an uptick in applications for unemployment benefits substantiated bets that the Federal Reserve will cut interest rates next week. The producer price index for final demand increased 0.2% from a month earlier after a downward revision to July’s reading, according to a […]
Wall Street falls sharply to close its worst week in nearly 18 months – CNBC TV18
[ad_1] Another rout hit Wall Street Friday, with formerly high-flying technology stocks again taking the brunt, after a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy. The S&P 500 dropped 1.7% to close out its worst week since March 2023. Broadcom, Nvidia and other […]