Latest business news
US stocks fell on Thursday on concerns of economic slowdown on the back of the US tariff war and ahead of Friday’s jobs data. At 10:20 AM ET, the Dow Jones Industrial Average fell 126.69 points, or 0.30%, to 42,301.05, the S&P 500 lost 12.71 points, or 0.21%, to 5,958.10 and the Nasdaq Composite lost…
US Treasuries rallied after a strong note auction and data revealed the world’s top economy shrank at the start of the year, reinforcing bets the Federal Reserve will lower interest rates twice by early 2026. US government debt extended gains Thursday after the Treasury Department received robust demand for a sale of new notes. Investors…
The relationship between the Indian and US stock markets has evolved significantly, reflecting the distinct economic landscapes and market dynamics of each country. Recently the rolling 1years correlation equation of India to the US stock market has reduced to 0.10 after peaking at 0.96 in Sept 2024. Over the past six months in particular, the…
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to Rs21,000 crore this financial year from Rs17,600 crore in 2024-25, driven by its key Mumbai Metropolitan Region market as well as its new geographies of Bengaluru and Pune. Lodha’s management expects at least five projects to be operational in Bengaluru in FY26. While…
Cautious optimism markets may stabilize after sharp volatility But trade deal hopes may not last long Perceived Fed’s flexibility on rate cuts helps push yields lower Yield curve ‘bull-flattens’ on cloudy economic outlook (Adds analyst comments, economic data, graphic; updates market levels) NEW YORK, April 25 (Reuters) – U.S. Treasury yields declined on Friday amid…
Expert view on markets: Ashok Jain, the chairman of Arihant Capital Markets, says smart investors can take advantage of the current volatility as it offers an opportunity to find good companies at reasonable valuations. In an interview with Mint, Jain shared his views on the global economic slowdown and its impact on the Indian stock…