[ad_1] US Markets Live Updates: US markets gear up for an important session, with all eyes on December CPI data, expected at 7:00 PM IST, and the earnings season kicking off with results from Goldman Sachs, JPMorgan, Citigroup and others. Stay tuned for live updates on market trends, data releases, and key earnings announcements. US […]
Dow Jones gains for second day but Wall Street on the edge ahead of CPI data – CNBC TV18
[ad_1] US markets had a choppy session on Tuesday after the Producer Price Index (PPI) came in softer than expected. The Dow Jones added over 200 points to gain for the second day in a row, while pressure in big tech continued and that weighed on the S&P 500 and the Nasdaq. Company Value Change […]
Trade Setup for December 12: Will the Nifty weekly expiry breathe life back into the index? – CNBC TV18
[ad_1] Its been nearly a week since the Nifty is stuck in this 300-point range between its 50 and 100-Day Moving Average. It does not come as a surprise either, as barring that 50 basis points CRR cut on Friday, most of the commentary from the Reserve Bank of India erred on the side of […]
Dow Jones falls for fourth straight session as caution prevails ahead of CPI data – CNBC TV18
[ad_1] US markets continued to retreat from record high levels as caution prevailed ahead of the all important inflation data which will be reported later this evening, Indian Standard Time. Company Value Change %Change The S&P 500 and the Nasdaq fell for the second day, declining 0.3% each, while the Dow Jones fell over 150 […]
Dow Jones, Nasdaq end off day’s highs as post-election rally shows signs of exhausiton – CNBC TV18
[ad_1] US markets cooled off from the highs off the day to end at the flat line on Wednesday, as the post-election rally showed signs of exhaustion, extending from Tuesday’s fall. The Dow Jones gained 50 points but not before correcting nearly 200 points from the day’s high. The S&P 500 was absolutely flat, while […]
Minneapolis Fed Chief Kashkari says only inflation can derail December Fed rate cut – CNBC TV18
[ad_1] Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting. Asked what could cause policymakers to pause next month, he said: “There’d have to be a surprise on the inflation front to change […]
Dow Jones, S&P 500 turn choppy over hotter-than-expected inflation, Fed’s next move – CNBC TV18
[ad_1] US markets ended below the flat line on Thursday after an hotter-than-expected inflation print and a slowdown in the labor market amplified the debate on what will the Fed do next. The S&P 500 fell 0.2%, the Dow Jones fell 0.1%, while the Nasdaq ended just below the flat line. The yield on 10-year […]
US Fed slashes rates by 50 bps — Jerome Powell’s top quotes on economic outlook – CNBC TV18
[ad_1] SUMMARY The US Federal Reserve implemented a notable half-point reduction in its benchmark interest rate, marking a significant change after over two years of elevated rates designed to control inflation. While these high rates were effective in curbing inflation, they also made borrowing considerably costly for American consumers. The decision to cut the rate […]
US markets rally after post Producer Price data; Nasdaq back above 17,000 – CNBC TV18
[ad_1] US markets rallied on Wall Street on Tuesday after one of the two inflation prints reinforced the speculation that the US Federal Reserve will begin cutting interest rates from September. The Dow Jones rallied over 400 points, while the S&P 500 added 1.7% to its tally. The Nasdaq Composite surged nearly 2.5% to close […]