FTSE 100 Breached 7,000 Level; Travel Stocks in Focus

Benchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was ...

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 34.37 points or 0.77 per cent lower at 4,445.29, Dow Jones Industrial Average Index dipped by 297.76 points or 0.84 per cent lower at 35,327.6...

Highlights FTSE100 has bounced back on from Monday’s sharp fall, led by the record number of Job vacancies and fall in unemployment rate.  JPMorgan Chase expects the Bank of England to hike rates as soon as mid of 2022. FTSE...

More than half of the biggest banks across the globe are now investing in crypto and blockchain companies, according to a new report published by Blockdata, a blockchain research firm. As per the report, 55 of the 100 biggest banks by assets under ...

Highlights Several investors have hopped on to the blockchain stock bandwagon with the unprecedented surge in the cryptocurrency value and its high return on investments. Majority of the digital currencies are based on blockchain technology, a ...

Benchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July was way below economists’ expectations. The grim outlook triggered investors’ concerns abo...

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 16.80 points or 0.38 per cent lower at 4,451.20, Dow Jones Industrial Average Index dipped by 81.87 points or 0.23 per cent lower at 35,433.51...

Highlights FTSE 100 was in red after China’s industrial production and retail sales data missed the analyst forecast.  China’s Industrial production grew by 6.4% in July, much below the analysts forecast of 7.8%. FTSE ...

The Dow Jones Industrial Average and the S&P 500 closed the week at record highs on Friday, August 13, after better-than-expected quarterly results of some companies this week turbocharged the investors to bet on risky assets or slow-moving econo...

US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.04 points or 0.07 per cent higher at 4,463.88, Dow Jones Industrial Average Index surged by 31.40 points or 0.09 per cent higher at...