The Dow Jones initally eased to 40,850 after the Fed held rates steady at 4.25-4.5%. Markets broadly anticipated a rate hold, but hope for a policy narrative pivot toward future rate cuts. Hope for imminent rate cuts took a hit after Fed Chair Powell gave a cautious appearance. The Dow Jones Industrial Average (DJIA) eased…
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT shows 88 bps of easing priced in. Apple and Amazon fall on China sales miss and cloud growth slowdown despite beating EPS forecasts. The Dow Jones Industrial Average (DJIA) rallied…
Function: Major Trend. Mode: Motive. Structure: Triangle. Position: Wave [4]. Source link
We’ve always believed in breaking down barriers to investing and redefining financial access for our clients. Now we’re taking the next step in our evolution by entering a new asset class: Equities. Today, we’re excited to announce the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs, bringing equities and digital assets…
After months of persistent outflows, foreign institutional investors (FIIs) are showing signs of a strategic shift in India. The turnaround in FII activity was marked by a significant net buying figure of Rs 3,255 crore through the exchanges on March 21, signaling renewed interest in Indian equities. While FIIs had been offloading Indian equities in…
The Dow Jones recovered around 520 points on Friday. Despite the last-minute pullback, the Dow remains down 1,400 points for the week. Equities shrugged off one of the worst consumer sentiment prints in years. The Dow Jones Industrial Average (DJIA) fought back at the brink on Friday, clawing back roughly 520 points following a string…
Apple stock sinks 3%, moving below the 200-day moving average for the first time in 10 months. Dow Jones index trades lower after Trump initiates a 25% tariff on Canadian steel, aluminum. Bank of America Securities sees plenty of selling in single stock names. Citi Research has lowered its estimate for 2025 iPhone shipments. …
The Dow Jones shed around 575 points on Thursday, as trade war fears resume. The more the Trump administration tries to soothe tariff fears, the worse things get. Market sentiment is still churning despite announced tariff delays and upbeat jobs data. The Dow Jones Industrial Average turned tail and ran on Thursday, in tandem with…
Foreign Portfolio Investors (FPIs) are net sellers of Indian equities and have sold shares worth Rs 21,272 crore so far in February. So far in 2025, they have offloaded shares worth Rs 99,299 crore. On Friday, the FIIs off-loaded domestic stocks worth Rs 4,294.69 crore triggering a fall in the markets. The frontline index Nifty…
Procter & Gamble stock sinks 4.75% on Friday. Dow Jones sheds 0.37% despite NASDAQ gains. BNP Paribas analyst cites volatility in US consumer staples category. US Retail Sales for January hit -0.9%, surpising market. Procter & Gamble (PG) stock was the worst performer in the Dow Jones Industrial Average (DJIA) on Friday. Normally a…