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April 4, 2024 5:05 PM

Oil prices remain stable today amid worries of lower supply

Oil prices remained stable today amid worries of lower supply due to ongoing output cuts by major producers and indications of robust economic expansion in the US. The Brent crude oil futures was down at 89 dollar and 24 cents whereas Western Texas Intermediate was lower at 85 dollar and 30 cents...

April 4, 2024 5:04 PM

S&P 500 & Nasdaq ended on positive note yesterday

The S&P 500 and Nasdaq ended on a positive note yesterday after data showing the U.S. services industry growth slowed further in March. However, gains were limited as Federal Reserve Chair Jerome Powell indicated a cut in interest was still not in sight. At the closing bell, the S&P 500 r...

April 4, 2024 5:02 PM

Asian stocks end mixed today, South Korea’s Kospi index ends 1.30% higher

Asian stocks ended mixed today. South Korea's Kospi index ended 1.30 per cent higher. Japan's Nikkei-225 also rose 0.80 per cent and Singapore's Straits Times index soared 0.40 per cent. In contrast, Hong Kong's Hang Seng index declined 1.25 per cent and China's Shanghai Composite index fell 0.20 pe...

April 3, 2024 6:09 PM

Gold Rises to 69,200 Rupees, Silver Up to 78,020 Rupees in Domestic Market

Today, gold was trading up at the Multi Commodity Exchange for June contracts. The precious metal was 272 rupees up to trade at 69,200 rupees per ten grams. Silver futures for May contracts was also up by 984 rupees to trade at 78,020 rupees per kilogram when reports last came in.   In the gl...

April 3, 2024 4:53 PM

Rupee Ends at 83.43 Against US Dollar; Dollar Index Trades Lower

In the forex market, the rupee closed at 83 rupees and 43 paise against the US dollar today. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies was trading lower at 104.81 in intra-day trade....

April 3, 2024 4:51 PM

US Stocks Close Lower Amid Speculation on Federal Reserve Interest Rate Cut

Key US stocks ended lower yesterday as investors weighed chances that the Federal Reserve could delay cutting interest rates. At the closing bell, the Dow Jones Industrial Average declined one per cent, the S&P 500 fell 0.70 per cent, and the Nasdaq Composite dropped 0.95 per cent....

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