By Khushi MalhotraIndian government bonds rose sharply on Thursday, as growing foreign demand driven by hopes of inclusion in Bloomberg's flagship bond index and easing inflation concerns from lower oil prices lifted prices.The benchmark 6.94% 2036 bond yield (IN069436G=CC) ended at 6.7180%, down f…
By Nora RedmondGoldman Sachs said the three key catalysts for the Russell 2000's recent outperformance were the artificial-intelligence industry, a strong economic backdrop and a boost in biotechnology stocks.The Russell 2000 has recently outperformed the S&P 500, and three factors are driving the…
India’s BSE Sensex closed about 0.75% firmer at 77,502 on Thursday, extending previous session's gains, amid positive global cues and renewed strength in IT stocks.Investors were encouraged by falling oil prices and expectations that central banks may adopt a less aggressive policy stance if inflat…
By Niket Nishant and Avinash PWall Street futures were mixed on Thursday as investors awaited the June employment report, while a lack of progress in negotiations to end the Middle East war weighed on sentiment.Markets had a choppy session on Wednesday, with the main indexes settling lower, as Fed…
By Joe WallaceMarkets are often eerily quiet before the U.S. jobs report. Not today.Highflying Asian chip stocks swooned and futures point to more tech losses in New York ahead of monthly labor-market data brought forward by Independence Day.The jobs data is due at 8:30 a.m. ET. Economists expect t…
GERMAN REFORM PACKAGE OFFERS GLIMMER OF HOPEAfter being unceremoniously dumped out of the World Cup by Paraguay, Germany finally has something to cheer.It might not be as glamorous as the Jules Rimet trophy but Germany's ruling coalition has finally unveiled a package of reforms that analysts belie…
BRUSSELS (dpa-AFX) - The UK stock market's benchmark index FTSE 100 climbed higher after a flat start Thursday morning, led by gains in pharmaceuticals and consumer sectors.Easing concerns about inflation and interest rates contributed to the positive mood in the market. Investors awaited crucial U…
By Megan Cheah and Fabiana Negrin OchoaGlobal fund managers are retaining their yen positions despite the currency's fall to its lowest level against the dollar in 40 years, taking a patient approach as speculation swirls that Japan could intervene again.Even if Japan steps in to support the yen, t…
By Mike DolanWhat matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsThe U.S. jobs report will clearly dominate the day ahead for markets, but there's been a hefty pullback in red-hot chip stocks around the world as the second half of the year gets underway.G…
Wall Street's hottest trade is starting to wobble at the end of a holiday-shortened week, with tech stocks sliding deeper into the red and investors starting to accelerate their broad rotation into other market sectors at the start of the third quarter.Tech stocks in Asia were hit hard overnight, w…
By Vivek Kumar MIndian shares rose on Thursday, outperforming broader Asia as lower oil prices and a rebound in information technology stocks helped shield the market from a global selloff in AI stocks.The benchmark Nifty 50 NSE:NIFTY rose 0.71% to 24,175.7, while the BSE Sensex BSE:SENSEX climbed…
BRUSSELS (dpa-AFX) - French stocks moved higher on Thursday as easing concerns about inflation and interest rates, and reports of positive progress in US-Iran talks lifted sentiment. Investors looked ahead to U.S. monthly jobs data due later in the day.The benchmark CAC 40 was up 60.69 points or 0…
The SENSEX Index rose 579 points or 0.75 percent on Thursday to close at 77502 points.Leading the gains are Infosys (5.96%), Tech Mahindra (4.57%) and HCL Tech (4.56%).Top losers were Larsen & Toubro (-0.87%), Axis Bank (-0.69%) and Nestle India (-0.56%).
By Megan Cheah and Fabiana Negrin OchoaGlobal fund managers are retaining their yen positions despite the currency's fall to its lowest level against the dollar in 40 years, taking a patient approach as speculation swirls that Japan could intervene again.Even if Japan steps in to support the yen, t…
Indian benchmark indices ended higher on July 2, extending gains for another session as broad-based buying across sectors, barring capital goods, power and PSU banks.After a firm start, the benchmark indices extended their gains through the session, with the Nifty 50 inched closer to 24,200, led by…
By Kwanwoo JunShares of Samsung Electronics and SK Hynix, the world's two largest memory-chip makers that together account for more than half of South Korea's Kospi, slumped on Thursday, dragging the benchmark index sharply lower and prompting regulators to halt trading to calm the market.The Kospi…
Vilnius increased to an all-time high of 1467.00 Index Points.Over the past 4 weeks, Lithuania Stock Market Index (Vilnius) gained 0.94%, and in the last 12 months, it increased 21.19%.
The equity benchmark indices ended largely higher on Thursday (July 2), with the Sensex rising 579 points and the Nifty closing above the 24,150 mark, led by gains in IT stocks, strength in downstream oil companies and positive market breadth.Here are the five key reasons behind today's move:1. Ben…
By Kwanwoo JunShares of Samsung Electronics and SK Hynix, the world's two largest memory-chip makers that together account for more than half of South Korea's Kospi, slumped on Thursday, dragging the benchmark index sharply lower and prompting regulators to halt trading to calm the market.The Kospi…
By Terence GabrielThe S&P 500 suffered its first monthly decline since March last month, but the broader picture still offers plenty of reasons for optimism.Click here for a more detailed chart.Despite the June setback, the benchmark U.S. stock index surged more than 14% in the second quarter — its…
