Wall Street tumbled on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy’s health. The U.S. government reopened after a record 43-day shutdown that had worried investors and disrupted the flow of…
US equity-index futures edged lower and Asian markets opened on a subdued note after a lackluster Wall Street session, as investors stayed cautious with limited economic data clouding the outlook for Federal Reserve policy. Contracts for the S&P 500 and the Nasdaq 100 index retreated 0.2%, after the underlying gauges were largely unchanged Wednesday. However,…
Global markets are buzzing with activity, from potential India-US trade deals to the lifting of the US government shutdown. Investors are watching closely to gauge what these developments mean for markets worldwide. ET Now asked Andrew Freris, CEO, Ecognosis Advisory about the prospects of a trade deal between India and the United States. Freris responded…
NEW YORK, Nov 3 – The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the Federal Reserve’s near-term monetary policy grew increasingly foggy due to scarcity of official U.S. economic data. Tech and tech-related firms helped boost the Nasdaq to the biggest gain,…
Despite signs of moderation in overall housing sales and new project launches across major Indian cities, the luxury housing segment continues to sizzle this festive season. According to Samir Jasuja, Founder and CEO of PropEquity, properties priced above ₹2 crore are witnessing sustained demand as developers increasingly align their launch pipelines toward this premium category….
Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal. FUNDAMENTALS * Spot gold was up 0.2% at $4,363.58 per ounce, as of 0106 GMT, having hit a record high of $4,381.21…