At 6:35 AM, GIFT Nifty Futures were down 82 points at 24,136, signalling a potential negative start
Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October
At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a tentative start for the Indian markets.
At 6:34 AM, GIFT Nifty Futures were trading 25 points higher at 25,157, suggesting a flat to positive start for Indian markets.
At 7:20 AM, GIFT Nifty futures were trading approximately 8 points higher at 25,998 against Nifty futures close, suggesting a muted opening.
Other key Asian markets also suffered heavy losses, with South Korea's Kospi, Hong Kong's Hang Seng, and Australia's ASX 200 all plunging between 3 per cent and 11 per cent.
Stock Market Highlights on May 30: In the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each
Stock Market Highlights on May 29, 2024: In the broader markets, the BSE SmallCap index was the only outperformer, rising 0.23 per cent
Amazon.com Inc. is joining the ranks of one of Wall Street's oldest and most exclusive stock indexes: The Dow Jones Industrial Average. The e-commerce pioneer will officially take its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator Walgreens Boots Alliance. S&P Dow Jones Indices opened the door to Amazon's inclusion in the Dow and Walgreens' exit to rebalance the index in light of a 3-for-1 stock split by another Dow company, Walmart. Seattle-based Amazon will share membership in the Dow with the likes of Apple, Boeing, JPMorgan Chase and Coca-Cola. WHAT IS THE DOW? It's a measure of 30 stocks of established, well-known companies. These stocks are sometimes known as blue chips, which are supposed to be on the steadier and safer side of Wall Street. WHAT'S IN THE DOW? Not just industrial companies like Caterpillar and Honeywell, despite the name. The roster has changed many times since the Dow began in May 1896 as the US economy
This has acted as a magnet for investors, and led to a record number of equity-trading and demat accounts being opened
US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat
The US Fed raised the target range for the federal funds rate by another 75 bps to 2.25-2.50 per cent in its July meeting. The FOMC statement has downgraded its assessment of the economic situation
The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91
The latest consumer inflation (CPI) print in the US for June came in at 9.1 per cent - the highest reading since 1981, and surpassed most analysts' expectations, who had pegged this at 8.8 per cent
The S&P 500 was up 50.87 points, or 1.34%, at 3,841.25, and the Nasdaq Composite was up 120.63 points, or 1.07%, at 11,371.81
Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward
Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660.58, the S&P 500 was down 9.89 points, or 0.26%, at 3,775.49
The Dow Jones Industrial Average fell 219.61 points, or 0.71%, to 30,809.70
The Dow had rallied on Wednesday after the Fed Chairman Jerome Powell announced its largest rate hike since 1994
Shares of Target fell 25.1 per cent to the bottom of the S&P 500 after its first-quarter profit halved