LIVE MARKET TRACKER :   BSE SENSEX   33462.97      |    NSE NIFTY 10333.25    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  International & World Stock  :  US market closed mostly lower; Dow report minor gains

US market closed mostly lower; Dow report minor gains (05-Dec-2017)

The US markets closed mostly lower on Monday, with the S&P 500 and the Nasdaq slipping, as large-capitalization technology names took a beating. Early Saturday, the Senate passed the Republican-sponsored tax reform proposal almost entirely along party lines, which being viewed as a key victory for US President Donald Trump. Progress on the Republican tax plan was in the spotlight, while investors continued to watch for news of the special counsel's probe of US President Donald Trump's election campaign. Meanwhile, according to new Fed research, while inflation moved closer to the US central bank's 2 percent target in September and October following months of lackluster results, its increase reflected gains in goods and services that aren't necessarily linked to monetary policy. That means policy makers could still have a hard time reaching their target, which has remained elusive throughout much of the economic recovery.

On the economy front, US factory orders fell 0.1% in October largely because of fewer bookings for passenger planes, cars and trucks. The decline was concentrated in large aircraft and autos, two volatile categories that often distort the headline number. Orders excluding transportation climbed 0.8%. Orders had risen a revised 1.7% in September and 1.2% in August. Despite the small drop in October, US manufacturers are growing rapidly. Orders are up 5.6% through the first 10 months of 2017 compared to the same period a year earlier. Factory shipments, meanwhile, rose 0.4% to mark the fifth gain in six months.

The Nasdaq dropped 72.22 points or 1.05 percent to 6,775.37, the S&P 500 edged lower by 2.78 points or 0.11 percent to 2,639.44, while the Dow Jones Industrial Average added 58.46 points or 0.24 percent to 24,290.05.




Top News Today
Petronet executes revised commercial understanding for purchase of LNG from Mobil Australia
(16-Dec-2017)

Petronet executes revised commercial understanding for purchase of LNG from Mobil AustraliaPetronet LNG has executed the relevant agreements to record the revised commercial understanding on the agreement for purchase of 1.44 MTPA of LNG from Mobil Australia Resources Company (LNG Supplier),......click on news to read complete article.

Asian Granito to give corporate guarantee of Rs 2.5 crore in favor of Camrola Quartz
(16-Dec-2017)

Asian Granito to give corporate guarantee of Rs 2.5 crore in favor of Camrola QuartzAsian Granito India has received an approval to give the Corporate Guarantee of Rs 2.5 crore in favor of Camrola Quartz, subsidiary of the company. The Administrative Committee of the company in its meeting......click on news to read complete article.

Tinna Rubber gets NCLT's nod for composite scheme of arrangement
(16-Dec-2017)

Tinna Rubber gets NCLTTinna Rubber and Infrastructure has received National Company Law Tribunal's (NCLT) approval for the Composite Scheme of Arrangement between the company and Tinna Trade and their respective shareholders......click on news to read complete article.

International Stock News
US markets closed higher on tax-cut optimism
(16-Dec-2017)

US markets closed higher on tax-cut optimismThe US markets closed higher on Friday and booked weekly gains, as investor expectations grew for passage of Republican-backed tax-cut legislation. Politics surrounding the tax bill continued to influence......click on news to read complete article.

Asian markets trade mostly in red in early deals on Friday
(15-Dec-2017)

Asian markets trade mostly in red in early deals on FridayMost of the Asian equity benchmarks are trading in red in the early deals on Friday with the overnight weak close on Wall Street amid uncertainty about the outlook for the Republican tax reform plan weighing......click on news to read complete article.

US markets closed lower on Thursday
(15-Dec-2017)

US markets closed lower on ThursdayThe US markets closed lower on Thursday, with the selling pressure coming from health-care, materials sectors and telecoms sectors. Details of the Republican tax deal have started to trickle out, with......click on news to read complete article.

 

     
  
Recent International & World Stock News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.