The Dow Jones Industrial Average surged 1.18% to close at a record 47,927.96 points on Tuesday, driven by growing expectations of an end to the U.S. government shutdown.
Gold prices climbed for a fourth consecutive session as a weaker U.S. dollar and increasing expectations of a rate cut by the Federal Reserve boosted investor interest in the precious metal.
The US dollar slipped on Wednesday after private-sector employment data pointed to signs of weakness in the labour market, fuelling speculation that the Federal Reserve may cut interest rates in December.
Asian equity markets rallied for a second straight day as optimism built around the potential end of the U.S. government shutdown, injecting fresh risk-appetite into global markets. Investor sentiment improved significantly after the U.S. Senate advanced a bipartisan bill that would reopen government funding, a development that brought relief to markets globally and especially in […]
U.S. equity markets climbed markedly on Monday, with the S&P 500 gaining about 1.54% and the Nasdaq Composite jumping roughly 2.27%. The rally was driven by a strong rebound in major AI-linked stocks — Nvidia rose ~5.8% and Palantir surged ~8.8%.
Gold prices edged up to a near three-week high on Tuesday as rising expectations of a Federal Reserve interest-rate cut in December and easing U.S. fiscal uncertainty boosted safe-haven demand.
Securities and Exchange Board of India (SEBI) is proposing new incentives to boost retail participation in public issues of debt securities, offering higher coupon rates or discounts for senior citizens, women, armed-forces personnel and other retail categories.
Nine years after its founding, Bengaluru-based Ultraviolette is once again vying for a breakthrough in India’s premium electric two-wheeler market. Backed by TVS Motor and several prominent investors, Ultraviolette began with high ambitions, but sales remained modest over the years.
Life Insurance Corporation of India (LIC), India’s largest institutional investor with share-holdings worth over Rs 16 lakh crore, has undertaken a notable shift in its banking sector investments during the September quarter.
The global artificial-intelligence (AI) trade, valued at around US$25 trillion, is showing signs of fatigue as the Bloomberg AI Index fell about 4% after a 34% rise over the past three months.
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