Page 8 - S&p

No respite for manufacturers as inflation continues to weigh on the economy

As India's business optimism slid to a 27-month low of 50.9, economists say they do not see a respite for manufacturers from cost inflation in the near term

S&P 500 closes the book on its biggest first-half plunge since 1970

The Dow Jones Industrial Average fell 219.61 points, or 0.71%, to 30,809.70

S&P affirms ICICI Bank's 'BBB-' rating on improved asset quality

As S&P affirms ICICI Bank's BBB rating, an upgrade over the next one to two years is unlikely as that would require an improvement in the bank's financial profile

Nasdaq turns positive after Fed chair's remarks on policy outlook

In his prepared remarks before the Senate Banking Committee, Jerome Powell reiterated that ongoing increases in the policy rate would be appropriate

Growth stocks lift Wall Street ahead of Fed's rate decision; Nasdaq up 1.6%

Market heavyweights Apple Inc, Meta Platforms , Alphabet Inc, Microsoft Corp and Amazon.com Inc added between 1.3% and 2.5%

Services activity at 11-year high in May on post-Covid business growth

The S&P Global India PMI rose to 58.9 in May from 57.9 in April, the highest since April 2011

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions

S&P Global Ratings cuts Ukraine credit rating amid more 'protracted' war

S&P Global Ratings cut Ukraine's rating by one notch amid a more protracted conflict than originally forecast when Russia invaded the nation in February

Tesla loses spot on S&P ESG Index over crashes and work conditions

The index provider also cited concerns related to working conditions and the firm's handling of an investigation into deaths and injuries linked to its driver-assistance systems

S&P cuts India's growth forecast for FY23 to 7.3%, sees inflation at 6.3%

The rating agency assumes that the Russia-Ukraine conflict is more likely to drag on and escalate than end earlier, pushing the risks to the downside

S&P lowers ratings for Future Retail overseas bonds to 'highly vulnerable'

About Rs 100 crore cash, cash equivalents already eroded

Heavy capex preventing deleveraging by Indian renewable energy firms: S&P

Renewables are economically competitive with traditional fuels and benefit from ambitious energy-transition targets in India

Half of all large-cap funds underperform index on one-year returns

Underperformance of active funds could further spur growth in ETFs

S&P lowers Sri Lanka's sovereign rating to 'CC' indicating looming default

Suspension of external debt servicing by country triggers action

Russia plans legal action as S&P says it's defaulted on its foreign debt

Russia attempted to pay in rubles for two dollar-denominated bonds that matured on April 4, S&P said in a note on Friday

Wall St update: Nasdaq slides 1% as surging yields hit growth stocks

Hip stocks have been among the worst casualties of the tech sell-off, down 22% so far this year compared to the 13.5% decline in Nasdaq

Nasdaq slides 2% as tech rout deepens ahead of Fed minutes

High-growth stocks, whose valuations stand to be pressured by higher bond yields, bore the brunt as the benchmark 10-year yield hit a three-year high

Wall Street update: Nasdaq, S&P rise on tech boost after Biden-Xi talks

FedEx falls on lower-than-expected quarterly earnings; Moderna up on seeking FDA authorisation for second booster

Wall Street surges on Ukraine peace talks, looming Fed rate hike

Big banks rise in anticipation of interest rate hike; China ADRs surge on Beijing's move to support markets

Nasdaq, S&P 500 slip as tech drags at end of choppy week

Meta shares drop as Russia opens criminal probe; all three major indexes tracking weekly losses