The Indian stock market benchmark indices, Sensex and Nifty 50, traded higher on Thursday mirroring upbeat sentiment in global equities after a US federal court blocked President Donald Trump’s tariffs from going into effect. Putting on hold the country-specific reciprocal tariffs imposed by Trump on the US’s trading partners, the Manhattan-based Court of International Trade…
TOKYO, – Japan’s Nikkei share average rose to a more than two-week high on Thursday after a U.S. court blocked President Donald Trump’s tariffs from going into effect, while a rally in chip-related stocks also lifted the index. As of 0223 GMT, the Nikkei rose 1.7% to 38,347.05, its highest level since May 13. The…
United States President Donald Trump on May 22, hosted what was billed as “the most exclusive” crypto party for around 220 of the biggest investors in his meme coin $TRUMP. But the word days later is that it was a failure. The biggest investors in $TRUMP were invited to the US president’s luxury golf club…
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,…
Wall Street’s key indices opened lower on Wednesday, as markets awaited the outcome of a debate around US President Donald Trump’s tax-cut bill. At the opening bell, the Dow Jones Industrial Average fell 322.8 points, or 0.76%, to 42,354.46. The S&P 500 fell 30.3 points, or 0.51%, to 5,910.18, while the Nasdaq Composite dropped 139.8…
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…
The US Securities and Exchange Commission will hold a roundtable next month to discuss executive compensation disclosure rules, which Chair Paul Atkins said have grown “increasingly complex and lengthy.” “It is less clear if the increased complexity and length have provided investors with additional information that is material to their investment and voting decisions,” Atkins…
Attorneys for Donald Trump’s World Liberty Financial crypto project pushed back against claims about potential conflicts of interest raised by the Democratic head of a Senate investigative subcommittee. “The company has exercised rigorous diligence to ensure compliance with applicable legal and regulatory obligations at every stage,” World Liberty lawyers wrote in a letter dated May…
Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist If anyone wanted a snapshot of the tight spot the U.S. economy and policymakers are in right now, they got it on Friday via the University of Michigan’s latest consumer sentiment and inflation expectations survey. The results were eye-popping: consumer sentiment expectations…
Capitalmind CEO Deepak Shenoy has voiced his support for US President Donald Trump, backing his call for Apple CEO Tim Cook to halt the expansion of manufacturing in India for iPhone devices destined for American consumers. But why? Well, Shenoy believes there is no need to be “antsy” about Trump telling not to build in…