Tag: Wall Street
US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. The…
Nvidia becomes world’s largest company overtaking Apple, market cap crosses $3.43 trillion amid rise of AI
Nvidia Corp. became the largest company in the world on Tuesday, November 6, 2024, with its market capitalisation of $3.43 trillion surpassing Apple’s $3.38 trillion…
Elon Musk’s Robotaxi gets a thumbs down from investors. Here’s why
After Elon Musk unveiled Tesla’s new Robotaxi, Wall Street surprisingly reacted with disappointment, with the company’s shares falling around 6% in Friday’s premarket trading session,…
India’s Nifty, Sensex outperform all global markets except only Wall Street
India’s NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street’s Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting…
US stock market at record high as investors cannot keep calm after Fed rate cut
Sep 20, 2024 07:55 AM IST Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow…
Japan stocks slide 3% after Wall Street’s worst rout since August 5
Sep 04, 2024 08:05 AM IST Japanese stocks fell in the wake of Wall Street’s worst rout since the Aug. 5 market meltdown, with tech…
Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
WASHINGTON — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as…
Japan’s Nikkei 225 soars 11% after massive sell-offs that shook Wall Street
Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. Other…
US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results
Jul 25, 2024 07:32 AM IST Stock indexes plummet on profit reports from Tesla and Alphabet, raising investor concerns. A wipeout on Wednesday sent U.S….
Wall Street rises as bank fears fade, focus on inflation data
Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive real estate and technology stocks leading gains ahead of…