US media outlets mistakenly flashed a false news claiming the Trump administration was considering a 90-day pause on tariffs for all countries except China
Trade war escalates as China announces retaliatory measures against the US, while other economies seek dialogue with the White House
Second day of market chaos since Trump tariff announcement; Nasdaq drops 20% from all-time closing highs
Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries
A Commerce Department report showed the Personal Consumption Expenditures Price index rose in line with expectations.
In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent
Created within the dark pools themselves, the rooms are independent from one another and each is invisible to anyone not invited
Wall Street's sell-off is spiralling Tuesday following President Donald Trump's latest escalation in his trade war, briefly pulling the US stock market 10% below its record set just a few weeks ago. The S&P 500 was down 1.4% in afternoon trading after Trump said he would raise tariffs on steel and aluminum coming from Canada, doubling their planned increase to 50%. The president said it was a response to moves a Canadian province made after Trump began threatening tariffs on one of the United States' most important trading partners. The Dow Jones Industrial Average was down 678 points, or 1.6%, as of 1:40 pm Eastern time, and the Nasdaq composite was 1% lower. The S&P 500 was sitting at the edge of what Wall Street calls a correction," where it falls 10%, and was sitting within 0.1 percentage points of the mark. Such head-spinning moves are becoming routine following a scary ride for investors where the S&P 500 has swung by at least 1%, up or down, seven times in the last .
With Nasdaq's steep fall reigniting recession fears, we look at history's biggest stock market crashes-from the Great Depression to demonetisation-and their causes
Sensex Today | Stock Market Highlights: Broader indices mirrored the benchmarks, with small-cap shares leading the charge as the Nifty Smallcap100 index ended higher by 2.96 per cent
Stocks had already slipped after an ISM survey, and they extended losses after Trump said 25 per cent tariffs on Canada and Mexico will go into effect
Honeywell plans to separate its aerospace division from its automation business and move ahead with plans to spin off its advanced materials arm
In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30
Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489
The superstar run for Nvidia's stock the last few years has been astonishing. So was its tumble Monday, which caused USD 595 billion in wealth to vanish. That's about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the Godfather of AI. Nvidia grew into a USD 3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street. But that all came to a screeching halt Monday, at least for a moment, after a Chinese upstart called DeepSeek said it had developed a large-language model that could perform like ChatGPT and other US rivals, but
In the previous session, the Sensex gained 535.24 points, or 0.71 per cent, closing at 75,901.41. Similarly, the Nifty50 closed higher at 22,957.25, up 128.10 points or 0.56 per cent
Why are markets falling: A sustained selling by foreign investors, a falling rupee, weak December quarter results, Budget nervousness, China's DeepSeek, and Trump's tariff war is hurting the sentiment
The jump in the bonus payouts in the region will come after the Wall Street firm saw its new CEO Ted Pick wrap up a strong first year
Back office, middle office and operations are likely to be most at risk, according to Tomasz Noetzel, the BI senior analyst who wrote the report
Stock Market Today LIVE Updates, Jan 9: In the broader markets, the Nifty MidCap and SmallCap indices were flat