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Global Markets: Dow Jones Futures, along with S&P 500 and Nasdaq, jumped more than 1 per cent on Monday, 26 May 2025, as the US President Donald Trump announced his move to delay the US tariffs on the European Union to July 2025. The European stock market indices also reacted positively to the development, rising…
US stock indices declined on Tuesday as investors focused on the fate of President Donald Trump’s giant tax cut proposal. The legislation is expected to face a close vote later this week. “We have a tremendously unified party,” Trump told reporters as he arrived at Capitol Hill on Tuesday to encourage Republicans to resolve their…
Wall Street stocks slipped and US Treasury yields jumped on Monday after ratings agency Moody’s cut the United States’ credit rating. Moody’s late on Friday slashed the United States’ sovereign credit rating to “Aa1” from “Aaa”, citing rising levels of government debt and interest payment ratios “to levels that are significantly higher than similarly rated…
(Bloomberg) — US bonds, stocks and the dollar dropped after Moody’s Ratings stripped the government of its top credit rating, reinforcing concern about the status of American assets. Gold rose. S&P 500 contracts fell 1.3%, with investors cooling on equities after a five-day winning streak. European and Asian shares also dropped. The yield for 30-year…
US stocks declined on Thursday following mixed economic data and as UnitedHealth Group slumped on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation Producer Price Index (PPI) unexpectedly dropped last month. The PPI dropped 0.5% in April as the cost of services…
MakeMyTrip Q4 Results: Online travel bookings platform, MakeMyTrip, announced its January to March quarter results for the financial year 2024-25 on Wednesday, May 14, 2025. The company witnessed an 83 per cent fall in its net profit for the fourth quarter to $29.2 million in the 2024-25 fiscal year, compared to $171.9 million in the…
US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 10:48 AM EDT, the Dow Jones Industrial Average fell 0.36%, the S&P 500 gained 0.66%, and the Nasdaq Composite rose 1.30%. At 09:38 a.m.,…
Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points, or 1.57%, to 41,899.05. The S&P 500 rose 147.3 points, or 2.60%, to 5,807.2, while the Nasdaq Composite rose 745.6 points,…
Wall Street’s key stock indices opened higher on Thursday on likely trade agreement between the United States and the United Kingdom. US President Donald Trump said he was set to announce a trade deal with the UK. At the opening bell, the Dow Jones Industrial Average rose 198.6 points, or 0.48%, to 41,312.57. The S&P…
Wall Street stock indices opened higher on Friday on stronger-than-expected jobs data. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02%, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97%, to 5,658.73 and the Nasdaq Composite gained 159.60 points, or 0.87%, to 17,864.97. A labor department report showed 177,000…