Business

Key US stocks ended lower yesterday as investors assessed economic indicators revealing increased labour expenses and declining consumer sentiment, coinciding with a pivotal Federal Reserve policy meeting focused on interest rate direction. The S&P 500 lost 1.56 per cent, Nasdaq Composite declined two per cent. The Dow Jones Industrial Average fell 1.47 per cent.

Crude Oil slipped more than one per cent today, losing ground for a third straight session on hopes of a ceasefire agreement in the West Asia.   The Brent Crude oil futures was down by 1.25 per cent to trade at 85 dollar and 25 cents, whereas Western Texas Intermediate was lower by 1.38 per

Oil steadied today as Israel-Hamas talks offered hopes of a ceasefire even as Red Sea attacks continued, while investors awaited signals on US interest rates ahead of a key meeting this week.   The Brent Crude oil futures was up by 0.28 percent at 88 dollar and 65 cents, whereas Western Texas Intermediate was higher

Key Asian stocks ended mixed today. Japan’s Nikkei-225 gained 1.23 percent, Singapore’s Straits Times index jumped 0.32 percent, South Korea’s Kospi rose 0.17 percent and Hong Kong’s Hang Seng Index soared 0.09 percent. Whereas China’s Shanghai Composite index fell 0.26 percent.   Major European markets were trading mixed today. London’s FTSE was 0.49 percent up.

Equity benchmark indices ended lower today as a fag-end sell-off wiped out early gains amid a mixed trend in global markets.   Snapping its two-day winning run, the 30-share BSE Sensex slipped 188.50 points or 0.25 percent to settle at 74,483. During the day, it had rose 440.11 points or 0.58 percent to 75,111.  

US stocks ended higher yesterday with sharp gains for industry heavyweights, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week.    The Dow Jones Industrial Average rose 0.38 percent, the S&P 500 gained 0.32 percent and the Nasdaq Composite jumped 0.35 percent.  

Gold prices slipped today in the futures market. The precious metal was down by 590 rupees, or 0.82 per cent, trading at 71,012 rupees per ten grams. Silver futures for July contracts were lower by 1,108 rupees, or 1.34 per cent, trading at 81,375 rupees per kilogram, when the reports last came in.   In

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 up at 105.72 in intra-day trade.

Benchmark indices returned to their winning ways after a one-day hiatus, led by strong buying action in banks and infra shares amid positive global sentiments.   The BSE Sensex soared 941 points or 1.28 percent to settle at 74,671 points, while the Nifty-50 rose 223 points or one percent to close at 22,643.   From

All key Asian stocks ended with gains today. South Korea’s Kospi rose 1.16 percent, China’s Shanghai Composite index jumped 0.80 percent and Hong Kong’s Hang Seng Index soared 0.54 percent. Singapore’s Straits Times index also ended higher with 0.06 percent gains.    Major European markets were trading mixed today. London’s FTSE was 0.56 percent up