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April 20, 2024 6:35 PM

Stock: Nasdaq and S&P 500 close sharply lower

The Nasdaq and the S&P 500 closed sharply lower on Friday and Treasury yields dipped as investors juggled lackluster earnings, uncertainties surrounding central bank policy and geopolitical strife.   The Dow was the lone gainer among the three major U.S. equity indexes, while the Nasdaq, weig...

April 19, 2024 7:09 PM

U.S. Stocks Close Mixed; S&P 500 Slightly Lower, Nasdaq Down, Dow Slightly Up

U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from Federal Reserve officials suggested the central bank was unlikely to cut interest rates in the near future.   The S&P 500 lost 0.22 perc...

April 19, 2024 5:40 PM

Oil Prices Stabilize After Initial Surge on Reports of Mideast Tensions

Oil steadied on Friday after prices spiked earlier on reports that Israel had attacked Iran, as market fears of a major escalation to hostilities in the Mideast appeared to ease and a build-up of global oil stocks weighed.   The benchmark contracts surged more than $3 before dipping back down...

April 17, 2024 6:15 PM

Oil prices slip for third straight session 

Oil prices slipped for the third straight session today.   The Brent crude oil futures was lower at 89 dollars and 55 cents, whereas Western Texas Intermediate was down at 84 dollars and 91 cents when reports last came in....

April 17, 2024 6:14 PM

Asian stocks trade mixed; major European markets trade in Green

Key Asian stocks were trading mixed today. China's Shanghai Composite Index gained 2.09 percent, Singapore's Straits Times index added 0.31 percent and Hong Kong's Hang Seng Index was marginally higher. However, Japan's Nikkei-225 declined 1.34 percent and South Korea's Kospi plunged 0.98 percent. ...

April 16, 2024 7:36 PM

Sensex and Nifty Decline Due to IT Stock Sell-Off and Global Concerns

Equity benchmark indices continued to slump today dragged down by heavy selling in IT stocks amid weak global trends and fears of escalating tensions in West Asia. Outflow of foreign fund also dented investors' sentiment.   BSE Sensex tanked 456 points or 0.62 percent to close at 72,944. Nift...

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