US Markets Close Higher as Chip Stocks Lead the Rally U.S. stock indexes finished Tuesday’s session in positive territory, driven by strong gains in chipmakers like NVIDIA. Investors welcomed the momentum, anticipating potential clarity on Washington’s tariff policies and the prospect of renewed trade dialogue with key global partners. Spotlight on Trump and Xi Both…
Markets Brush Off Tariff Threats as S&P 500 Rises Despite fresh trade threats from President Donald Trump, U.S. markets closed higher on Monday, reflecting continued investor confidence in the progress of trade talks between the U.S. and its key economic partners. Trump Doubles Down on Tariffs On Friday night, Trump announced plans to raise tariffs…
To facilitate ease of doing business and safeguard the investors’ interest, markets regulator Sebi on Tuesday decided to automate the process of invocation and sale of pledged securities. This comes after Sebi noted that after invoking pledged securities, brokers often don’t sell them, resulting in accumulation in broker accounts. Moreover, brokers face operational issues when…
The euro is rising ahead of a significant event. The European Central Bank is expected to cut interest rates this Thursday before increasingly complex inflation prospects risk bringing internal disagreements to the forefront. As price risks have diminished, officials have cut rates seven times over the past year without major friction within the 26-member Governing…
Wall Street’s roller coaster: May ends with strong rally A turbulent month came to a strong finish, as the benchmark S&P 500 closed Friday almost exactly where it started the day. Despite a choppy session, May delivered the index’s biggest monthly gain since November 2023. The Nasdaq showed a similarly impressive performance, posting its highest…
XAU/USD. Analysis and Forecast Source link
Foreign Institutional Investors (FIIs) turned net buyers in Indian equities for the second consecutive month, with data up to May 30 showing a net inflow of Rs 18,082 crore through the exchanges, according to NSDL data. This follows a net purchase of Rs 4,243 crore in April, marking a notable shift in sentiment after heavy…
Coldware ($COLD) is putting blockchain into hardware you can hold. Coldware’s already running its presale, with only 37% of tokens left at a price of $0.00625. It’s quietly creating a seamless bridge between hardware and blockchain. Crypto is full of bold promises, but only a few projects are actually building things people can use. As…
The main events by the morning: May 29 Source link
A former BlackRock fund manager just issued a major warning on the US economy. In a new interview on Market Disruptors, Edward Dowd forecasts an incoming recession and market meltdown driven in part by a housing crisis and a bursting AI bubble. Dowd points to collapsing new home permits since 2022 and falling tenant rents…