Us Stocks

The last time Target saw such a huge drop in its stock was during the Covid-19 pandemic.

Bernard Arnault, the world's richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods.

Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes.

Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the U.S. debt ceiling talks.

Adani Group stocks surged on Monday, on the first day of trading after a Supreme Court-appointed panel's clean chit to the conglomerate in an investigation linked to US short-seller Hindenburg's allegations.

The domestic equity benchmark indices fell in early trade on Friday in-line with the weak trend in the US markets and the decline in index major HDFC twins.

Equity benchmark indices rebounded in early deals toayafter falling sharply in the previous trade amid strength in the US markets.

The Adani Group's stock rout after a US short seller's report in January has not deterred Rajiv Jain, the co-founder of GQG Partners, from investing large sums in the group.

The rupee appreciated 17 paise to 82.17 against the US dollar today as foreign capital inflows and a rally in domestic stocks bolstered investor sentiment.

Shares settled lower today, dragged by information technology stocks and financials, after the U.S. Federal Reserve reiterated its fight against inflation with a quarter-point rate hike even as it signalled that a pause in policy tightening could be near.

Europe's stock markets opened lower Thursday before interest rate calls in Britain, Norway and Switzerland, after the US Federal Reserve hiked borrowing costs despite banking-sector turmoil.

Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.

Shares opened lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes.

Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider banking crisis abated and investors turned their focus to the U.S. Federal Reserve's next move.

With interest rates still on the rise, the Indian rupee is expected to fall against the US dollar, which could possibly benefit Indian IT stocks.

The last time Target saw such a huge drop in its stock was during the Covid-19 pandemic.

Bernard Arnault, the world's richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods.

Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes.

Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the U.S. debt ceiling talks.

Adani Group stocks surged on Monday, on the first day of trading after a Supreme Court-appointed panel's clean chit to the conglomerate in an investigation linked to US short-seller Hindenburg's allegations.

The domestic equity benchmark indices fell in early trade on Friday in-line with the weak trend in the US markets and the decline in index major HDFC twins.

Equity benchmark indices rebounded in early deals toayafter falling sharply in the previous trade amid strength in the US markets.

The Adani Group's stock rout after a US short seller's report in January has not deterred Rajiv Jain, the co-founder of GQG Partners, from investing large sums in the group.

The rupee appreciated 17 paise to 82.17 against the US dollar today as foreign capital inflows and a rally in domestic stocks bolstered investor sentiment.

Shares settled lower today, dragged by information technology stocks and financials, after the U.S. Federal Reserve reiterated its fight against inflation with a quarter-point rate hike even as it signalled that a pause in policy tightening could be near.

Europe's stock markets opened lower Thursday before interest rate calls in Britain, Norway and Switzerland, after the US Federal Reserve hiked borrowing costs despite banking-sector turmoil.

Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.

Shares opened lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes.

Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider banking crisis abated and investors turned their focus to the U.S. Federal Reserve's next move.

With interest rates still on the rise, the Indian rupee is expected to fall against the US dollar, which could possibly benefit Indian IT stocks.