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Wall Street’s key stock indices rose on Thursday after a US court blocked many of President Donald Trump’s tariffs and on better than expected Nvidia earnings. The US Court of International Trade late on Wednesday ruled that Trump’s broad imposition of tariffs had overstepped his authority, barring most of the duties announced since he took…
(Bloomberg) — Wall Street keeps inventing new ways to ride the digital-currency boom — from amped-up ETFs and tokenized funds to structured products — and crypto competitors keep circling. But the trade still delivering the biggest rewards belongs to Michael Saylor. His firm, now branded as Strategy, formerly known as MicroStrategy Inc., pioneered the original…
US stock indices were drifting on Wednesday ahead of earnings from the Artificial Intelligence-chip developer Nvidia and the minutes from the Federal Reserve’s last monetary policy meeting. As of 12:11 PM Eastern time, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was down 0.3%, and the Nasdaq Composite was 0.1% lower. At…
BSE-listed small-cap Elitecon International share price jumped nearly 5% on Wednesday’s session following its Q4 results. The company on Tuesday reported an 93.8% year-on-year jump in its net profit for the fiscal’s fourth quarter ended March (Q4FY25) to ₹12.21 crore. The company had reported a profit of ₹6.30 crore in the year-ago period. The company’s…
Wall Street’s key stock indices opened higher on Tuesday after US President Donald Trump dialed back his threat of tariffs on European Union imports. At the opening bell, the Dow Jones Industrial Average rose 246.0 points, or 0.59%, to 41849.04. The S&P 500 rose 51.3 points, or 0.88%, to 5854.07, while the Nasdaq Composite rose…
In a holiday-shortened week ahead, Wall Street investors will have a packed calendar with several economic data and earnings reports slated to be released. The US stock markets will be closed on Monday in observance of Memorial Day. On the economic data front, the spotlight will be on the first estimate of the US economy…
(Bloomberg) — Sixth Street Partners Co-Chief Investment Officer Josh Easterly warned shifting fundamentals within credit markets present a risk that many investors and money managers are overlooking. “Private credit markets are relatively complacent,” Easterly said in a Bloomberg Television interview Tuesday, attributing the problem to a mismatch between capital pouring into the sector and valuable…
Upcoming IPOs: The primary market is poised to witness significant activity in the upcoming week, starting Monday, 26 May 2025, with a series of initial public offerings (IPOs) opening for public bidding. The Indian stock market will witness the opening of four mainboard IPOs and five small and medium enterprise (SME) IPOs, apart from other…
Wall Street’s main indexes fell on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if iPhones were not made in the United States. “The European Union, which was formed for the primary purpose of taking advantage of…
US stock indices opened mixed on Thursday after the House of Representatives cleared President Donald Trump’s tax bill, which is expected to burden the country with trillions in debt. At 09:49 a.m. ET, the Dow Jones Industrial Average fell 72.70 points, or 0.17%, to 41,790.95, the S&P 500 lost 8.11 points, or 0.14%, to 5,836.38,…