Spoiler alert: The ongoing rally is neither an accident nor a fluke. In theory, a company’s size shouldn’t matter. A stock’s potential return on any amount of capital invested in it should be investors’ chief concern. In reality, however, the market’s biggest companies are also often the market’s most rewarding tickers. That’s how they became […]
Indian blue-chip equity indices, Sensex and Nifty, traded in the deep red on Monday, following an unexpectedly strong US jobs report that dampened expectations of early interest rate cuts by the Federal Reserve. Concerns over slowing earnings also weighed on market sentiment. The BSE Sensex fell over 1,100 points to the day’s low of 76,250, […]
Stock market today: The Indian stock market continued reeling under sharp selloff across segments for the fourth consecutive session on Monday, January 13, amid rising crude oil prices, weakening rupee and massive foreign capital outflows. Sensex opened at 76,629.90 against its previous close of 77,378.91 and crashed over 950 points, or over 1 per cent, […]
Stocks and bonds slid in Asia following Friday’s stronger-than-expected US jobs data, while oil climbed to a four-month high as a fresh wave of US sanctions on Russia threatened to crimp supplies. US stock market to close on January 9, declared as Jimmy Carter’s national day of mourning.(Michael Nagle/Bloomberg) MSCI’s index of regional equities headed […]
HONG KONG – Asian stocks retreated on Monday after U.S. stocks fell as good news on the job market raised inflation worries. Markets in Japan were closed for a holiday. U.S. futures dropped while oil prices surged more than $1 a barrel after President Joe Biden’s administration expanded sanctions against Russia’s critically important energy sector […]
Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. The dollar hit a two-year high against major currencies on Monday after strong US jobs data late last week led traders to slash expectations for further interest rate cuts by the Federal Reserve. The dollar index, […]
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Asset managers overseeing trillions of dollars are cautioning clients to take a defensive position heavy on bonds in the face of rising equity prices and the expectation that the Federal Reserve is increasingly unlikely to […]
Stock market today: The stock market crashed upon open on Monday, January 13, dragged down by real estate, financial services, and consumer durables stocks. Stock market crash: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters) At 9:20 am IST, the benchmark BSE Sensex tumbled by 677.22 points […]
Asian stocks declined following US employment data. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday morning. While BSE Sensex went below 76,600, Nifty50 was near 23,200. At 9:31 AM, BSE Sensex was trading at 76,726.48, down 652 points or 0.84%. Nifty50 was at 23,229.90, […]
Key Takeaways Several big banks are set to report earnings this week, including JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Wells Fargo, and more. Other companies scheduled to release results include Taiwan Semiconductor Manufacturing Company and UnitedHealth Group. Fresh inflation figures will be due with the release of the December Consumer Price Index and […]