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Source: Live Mint US stock indices were mixed on Wednesday amidfragile ceasefirebetween Israel and Iran, and investors awaited more comments from Federal Reserve Chair Jerome Powell. At 10:15 AM ET, the Dow Jones Industrial Average fell 45.39 points, or 0.11%, to 43,043.63, the S&P 500 gained 6.94 points, or 0.11%, to 6,099.12 and the Nasdaq…
Source: Live Mint By Patturaja Murugaboopathy June 25 – U.S. long-term bond funds drew massive inflows in May, reversing April’s drawdown and indicating investors sought the safety of higher-yielding debt, as they weighed a host of uncertainties around trade tariffs, inflation and fiscal deficits. According to Morningstar data, U.S. long-term bond funds attracted $7.4 billion…
Source: Live Mint Wall Street stock indices opened higher on Tuesday as President Donald Trump announced a ceasefire between Israel and Iran. At the opening bell, the Dow Jones Industrial Average rose 225.3 points, or 0.53%, to 42,807.13. The S&P 500 rose 36.0 points, or 0.60%, to 6,061.21, while the Nasdaq Composite rose 178.6 points,…
Source: Live Mint (Bloomberg) — Treasuries rose after another Federal Reserve official hinted that an interest-rate cut could come as soon as next month, extending gains stoked by haven demand after the US bombed nuclear sites in Iran over the weekend. US government debt wiped out its early losses on Monday after Fed Governor Michelle…
Source: Live Mint The dollar erased its advance on Monday after the Federal Reserve’s Michelle Bowman said she could support reducing interest rates as soon as July. The remarks by Vice Chair for Supervision Bowman echoed comments by Fed Governor Christopher Waller on Friday, and they raised the prospect that lower borrowing costs could dim…
Source: Live Mint US stock futures slipped on Monday as Iran vowed retaliation to the US airstrikes on its nuclear facilities over the weekend. Investors fear a broader conflict in the Middle East as Tehran warned that the US attack had expanded the scope of its military action. At 07:43 AM ET, Dow E-minis were…
Source: Live Mint Amid the escalating Middle East conflict, Wall Street investors will have a plenty of economic data to look forward to in the week ahead. Tensions in the West Asia deepened after the United States joined Israel in attacking Iran. The US attacked three nuclear sites in Iran on early Sunday. In an…
Source: Live Mint With retail inflation easing to 2.82% in May. This is the lowest figure in over six years. Due to this development, several prominent banks are consistently slashing lending rates following policy rate cuts by the central bank. Borrowers on the other hand are also re-evaluating the strategic use of personal loans in…
Source: Live Mint Wall Street stock indices opened muted on Wednesday, ahead of the US Federal Reserve’s monetary policy decision and as the Israel-Iran conflict rages on. At the opening bell, the Dow Jones Industrial Average rose 20.2 points, or 0.05%, to 42,236.03. The S&P 500 rose 5.2 points, or 0.09%, to 5,987.93, while the…
Source: Live Mint US stocks retreated on Tuesday on escalating the Israel-Iran conflict and ahead of the Federal Reserve’s monetary policy decision. At the opening bell, the Dow Jones Industrial Average fell 156.5 points, or 0.37%, to 42358.62. The S&P 500 fell 21.0 points, or 0.35%, to 6012.15, while the Nasdaq Composite dropped 74.1 points,…
