Page 7 - Wall Street

Stock market crash: Here's what sent Sensex, Nifty into free fall on Jan 17

Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned

'Everyone got burned': Wall Street missed great stock rally of 2023

Blended together, these three calls - sell US stocks, buy Treasuries, buy Chinese stocks - formed the consensus view on Wall Street

Challenging for Apple to live up to $1 trn rally performance in 2024

Such gains in 2024 will be harder to come by. As it looks to arrest four consecutive quarters of declining revenue, the world's most valuable publicly-traded company faces uncertainty in China

Sensex falls 143 pts, Nifty below 19,400; RIL, Infosys weigh, M&M gains 4%

Closing Bell on November 9, 2023: In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent

Warren Buffett's Berkshire has bigger loss, operating profit sets record

Investors watch Berkshire closely because its results often reflect broader economic trends, and because of Buffett's reputation as an investor

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Sensex snaps 3-day losing run, gains 261 pts in broad-based rally

Closing Bell on Tuesday, October 17, 2023: On the National Stock Exchange (NSE), the Nifty50 shut shop 80 points, or 0.40 per cent, higher at 19,812.

Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally

Stock market LIVE updates on October 16, 2023: Last Friday, the S&P 500 declined by 0.50 per cent in the US while the tech-heavy Nasdaq Composite lost 1.23 per cent

Easing yields, oil prices lift Sensex 320 pts; Pharma stocks steal the show

Closing Bell on September 29, 2023: The Nifty50, on the other hand, gained 115 points to shut shop at 19.638. Sectorally, the Nifty Pharma index jumped the most, up 2.7 per cent

Wall Street shows mixed response, dollar gains after inflation data

The tech-laden Nasdaq was modestly higher, the S&P 500 was essentially flat, while the Dow turned negative

Economic data in Europe gets worse, ECB interest rate pause on cards

Wall Street futures also pointed to a bounce having been pressured on Tuesday by higher bond yields, which hit 16-year highs

Wall Street, yields take a breather as investors await more from US Fed

The MSCI world equity index, which tracks shares in 45 nations, was last down 0.24%

Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

Wall Street, global stocks remain flat ahead of earnings, economic data

The Dow Jones Industrial Average rose 0.11%, to 35,499.78, the S&P 500 was little changed at 4,582.45 and the Nasdaq Composite added 0.07%, to 14,326.87

Intel results boost chip stocks on optimism PC market slump is ending

Intel is poised to add about $10 billion to its market value, based on its current premarket price of $37

Hilton beats Wall Street Q2 estimates on rebounding travel demand

The company's revenue per available room, or RevPAR, an important metric in the hospitality industry, rose about 12% in the quarter from a year earlier

Domino's Pizza misses revenue estimates as higher prices dent demand

Total revenue fell 3.8% to $1.02 billion in the three months ended June 18, compared with analysts' estimate of $1.07 billion, according to Refinitiv IBES data

American Express profit rises, sets aside more money for possible defaults

American Express saw its profit and revenue climb in the second quarter and credit card use is climbing, but the company's stock slipped before the market open as it set aside more money for possible defaults on payments. American Express earned $2.17 billion, or $2.89 per share, topping Wall Street expectations for $2.80, according to analysts surveyed by Zacks Investment Research. A year earlier the company earned $1.96 billion, or $2.57 per share. Total provisions for credit losses were $1.2 billion. In the prior-year period it was $410 million, theNew York company said, citing higher net write-offs and a net reserve build of $327 million, compared with a net reserve build of $58 million a year ago. Shares fell nearly 4% before the market opened Friday. Revenue, net of interest expense, climbed to $15.05 billion from $13.4 billion, mostly due to higher average loan volumes and increased card member spending. That was short of Wall Street projections for $15.42 billion. Card mem

Goldman brings Tom Montag as CEO Solomon looks to bolster board support

Montag, who had previously co-headed Goldman's securities division besides holding several other senior roles, would now be a part of the bank's audit, governance and risk committees

Goldman profit tumbles on real estate hits, dealmaking slump: Report

The firm had been actively tamping down expectations heading into the report, prompting analysts to slash their estimates for quarterly profit by almost half since mid-June