Stock market


 Canada shares lower at close of trade; S&P/TSX Composite down 1.34%

Canada shares lower at close of trade; S&P/TSX Composite down 1.34%

September 20, 2023 06:25 AM AEST| By Investing

Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Healthcare, IT and Utilities sectors propelled shares lower.

 Microsoft raises dividend payout by 10%, marking a decade-long trend

Microsoft raises dividend payout by 10%, marking a decade-long trend

September 20, 2023 06:24 AM AEST| By Investing

Microsoft (NASDAQ:MSFT), the globally recognized software company, has announced a 10% increase in its dividend payout on Tuesday. This marks the tenth consecutive year of such an increment, reflectin

 Stock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision

Stock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision

September 20, 2023 06:10 AM AEST| By Investing

Investing.com -- The Dow closed lower Tuesday, as Treasury yields rose to their highest level in more than a decade on fresh inflation concerns as investors awaited the Federal Reserve monetary policy

 U.S. Steel guidance outperforms Wall Street predictions; Potential sale still under consideration

U.S. Steel guidance outperforms Wall Street predictions; Potential sale still under consideration

September 20, 2023 05:56 AM AEST| By Investing

U.S. Steel, the leading American integrated steel producer, has recently updated its third-quarter earnings outlook, surpassing Wall Street analysts' consensus predictions. On Monday, the company proj

 Fed decision, FedEx earnings, General Mills: 3 things to watch

Fed decision, FedEx earnings, General Mills: 3 things to watch

September 20, 2023 05:46 AM AEST| By Investing

Investing.com -- Stocks sold off on Tuesday as investors awaited the outcome of the Federal Reserve's two-day policy meeting, and hoped for direction on where interest rates are headed.

 U.S. stocks dip as investors anticipate Federal Reserve's policy meeting outcome

U.S. stocks dip as investors anticipate Federal Reserve's policy meeting outcome

September 20, 2023 05:36 AM AEST| By Investing

On Tuesday, U.S. stocks experienced a slight dip as investors eagerly awaited the outcome of the Federal Reserve's two-day policy meeting, which will conclude tomorrow. The Dow Jones Industrial Averag

 Intel outlines strategy to dominate AI market with new chip

Intel outlines strategy to dominate AI market with new chip

September 20, 2023 05:34 AM AEST| By Investing

Intel (NASDAQ:INTC), the renowned chip manufacturer, is setting its sights on the rapidly growing Artificial Intelligence (AI) market. The company announced its strategic plan on Tuesday, aiming to po

 Instacart shares surge in Nasdaq debut, valuation hits $14 billion

Instacart shares surge in Nasdaq debut, valuation hits $14 billion

September 20, 2023 05:00 AM AEST| By Investing

Instacart, the grocery delivery firm, made a strong debut on Nasdaq on Tuesday, with its shares trading at approximately 40% above its initial public offering (IPO) price. The company, which was initi

 S&P 500 wobbles as Treasury yields advance ahead of Fed decision

S&P 500 wobbles as Treasury yields advance ahead of Fed decision

September 20, 2023 04:52 AM AEST| By Investing

Investing.com -- The S&P 500 slipped Tuesday, pressured by rising Treasury yields as cautious sentiment swept across Wall Street ahead of the Federal Reserve monetary policy update due Wednesday.

 Canada's inflation rate hits 4% in August, Bank of Canada's interest rate decision looms

Canada's inflation rate hits 4% in August, Bank of Canada's interest rate decision looms

September 20, 2023 04:36 AM AEST| By Investing

Canada's inflation rate has risen for the second month in a row, hitting 4% in August, primarily due to high food and gasoline prices. Statistics Canada's consumer price index (CPI) released this data

 FTSE 100 records slight gain amid mixed performances from constituents

FTSE 100 records slight gain amid mixed performances from constituents

September 20, 2023 04:24 AM AEST| By Investing

The FTSE 100 Index in the UK reported a modest gain on Tuesday, closing at 7,660.20, a rise of 0.09%. The top performers included Hargreaves Lansdown (LON:HRGV) PLC, an investment advisory firm, which

 Morgan Stanley identifies high-growth defensive stocks amid economic slowdown concerns

Morgan Stanley identifies high-growth defensive stocks amid economic slowdown concerns

September 20, 2023 03:46 AM AEST| By Investing

Amid concerns of an economic slowdown and potential recession, Morgan Stanley (NYSE:MS)'s equity strategists have spotlighted a selection of defensive stocks expected to deliver robust growth and stro

 Midday movers: Instacart, AutoZone, Target and more

Midday movers: Instacart, AutoZone, Target and more

September 20, 2023 03:34 AM AEST| By Investing

Investing.com -- U.S. were falling on Tuesday as investors await the start of the crucial two-day Federal Reserve meeting, which could set the tone for weeks to come.

 DBS Bank India reports 26% surge in gold loan portfolio, aims for broader customer base

DBS Bank India reports 26% surge in gold loan portfolio, aims for broader customer base

September 20, 2023 03:16 AM AEST| By Investing

DBS Bank India announced a 26% year-on-year increase in its gold loan portfolio on Tuesday, with the total now exceeding ₹6,300 crore. The bank has set ambitious plans to more than double this portf

 U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.04%

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.04%

September 20, 2023 03:15 AM AEST| By Investing

Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Financial Services, Banking and Automobiles&Parts sectors propelled shares higher.

 AI-driven rally in tech sector expected to persist, despite potential interest rate hikes: Wedbush

AI-driven rally in tech sector expected to persist, despite potential interest rate hikes: Wedbush

September 20, 2023 03:06 AM AEST| By Investing

Despite potential hikes in interest rates and the Federal Reserve's policies causing uncertainty among investors, analysts at Wedbush believe the tech sector's rally, driven by artificial intelligence

 India's 2023 Cricket World Cup projected to double digital ad revenue

India's 2023 Cricket World Cup projected to double digital ad revenue

September 20, 2023 03:06 AM AEST| By Investing

The upcoming Men's Cricket World Cup 2023, hosted exclusively by India for the first time, is expected to significantly boost total ad revenue across television and digital platforms. The anticipated

 Textron's shares potentially undervalued by 36%, suggests DCF model

Textron's shares potentially undervalued by 36%, suggests DCF model

September 20, 2023 03:00 AM AEST| By Investing

Textron Inc (NYSE:TXT)., a prominent multi-industry corporation, may be undervalued by 36%, according to a valuation based on the 2 Stage Free Cash Flow to Equity model. The company's current share pr

 Instacart surges on stock market debut

Instacart surges on stock market debut

September 20, 2023 03:00 AM AEST| By Investing

Investing.com -- Instacart surged on its stock market debut on Tuesday as investors rushed to buy shares of the online grocery delivery company.

 Robust demand for iPhone 15 Pro models despite inflation fears

Robust demand for iPhone 15 Pro models despite inflation fears

September 20, 2023 02:46 AM AEST| By Investing

Despite rising inflation and interest rates, Apple (NASDAQ:AAPL)'s premium iPhone 15 models are witnessing strong demand, according to market analysts. This trend is indicated by extended shipping del

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