LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
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 markets closed higher for second straight session

US markets closed higher for second straight session (13-Feb-2018)

The US markets closed higher for a second straight session on Monday, as investors waded back into the market, hunting for bargains amid signs of stability after one of the worst weeks for equity benchmarks in two years. There was no major economic data on the calendar Monday, but the data highlight of the week will be January consumer price inflation, due Wednesday. The dollar slipped back as global equity markets showed some sign of stability after the recent rout, reviving risk appetite and putting the US currency on the defensive on worries about its receding yield advantage.

Meanwhile, investors digested the newly released plan by the Trump administration to revamp the nation's infrastructure against the backdrop of mounting worries about accelerating inflation. President Donald Trump unveiled a long-awaited infrastructure plan designed to encourage spending on improvements by states, localities and private investors, but it faces an uphill battle in Congress and he made remarks that called into question how hard he will fight for it. The plan, which Trump called the biggest and boldest infrastructure investment in American history, would reshape how the federal government funds infrastructure projects. It also seeks to sweep away environmental and other regulatory hurdles to new projects. The Trump administration unfurled a plan to spend $200 billion over 10 years on grants to states and cities to improve highways, airports, bridges and tunnels and other infrastructure. Under the proposal, the Interior Department could tap some funds from energy and mineral extraction to pay for infrastructure improvements on government-owned land such as national parks. The proposal came under immediate fire from Democrats who said it would put a huge burden on local governments without providing enough federal dollars, and administration officials acknowledged that it faces a tough road ahead.

The Dow Jones Industrial Average added 410.37 points or 1.70 percent to 24,601.27, the Nasdaq gained 107.473 points or 1.56 percent to 6,981.96, the S&P 500 edged higher by 36.45 points or 1.39 percent to 2,656.00.



Top News Today
MTNL investing Rs 190 crore to upgrade services
(21-May-2018)

MTNL investing Rs 190 crore to upgrade servicesMahanagar Telephone Nigam (MTNL) is investing Rs 190 crore to upgrade its services and may also get 4G spectrum, which will support the company to stay relevant in the highly competitive market.MTNL was......click on news to read complete article.

RIL gets environmental clearance for expansion project in Maharashtra
(21-May-2018)

RIL gets environmental clearance for expansion project in MaharashtraReliance Industries (RIL) has received environment clearance for the expansion and optimisation of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs 2,338......click on news to read complete article.

L&T's arm bags two orders from HURL
(21-May-2018)

L&TLarsen & Toubro's (L&T's) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) in consortium with TechnipFMC has won two significant orders from Hindustan Urvarak and Rasayan......click on news to read complete article.

International Stock News
Asian markets trade firm as US-China trade tensions ease
(21-May-2018)

Asian markets trade firm as US-China trade tensions easeAsian markets are trading mostly in green in early deals on Monday, after fears of a trade war between the U.S. and China receded following weekend developments. U.S. Treasury Secretary Steve Mnuchin said......click on news to read complete article.

US markets closed mostly lower; Dow ekes minor gain
(19-May-2018)

US markets closed mostly lower; Dow ekes minor gainThe US markets closed lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the US and China, as well as bond......click on news to read complete article.

US markets closed mostly lower; Dow ekes minor gain
(19-May-2018)

US markets closed mostly lower; Dow ekes minor gainThe US markets closed lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the US and China, as well as bond......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.