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 on Monday

US markets closed higher on Monday (19-Sep-2017)

The US markets closed higher on Monday, with the Dow notching its 40th record close of the year as investors piled into financials and materials shares. US Secretary of State Rex Tillerson said that US seeks a peaceful solution and wants to bring North Korea to the table for constructive, productive dialogue. A highlight for this week will be the Federal Open Market Committee's two-day meeting, which wraps up Wednesday. No policy change is expected but it could mark the beginning of a new era as the Fed is expected to announce details on the unwinding of its $4.5 trillion balance sheet.

On the economy front, builder confidence in the market for newly built single-family homes dropped in September, on worries that the recent hurricanes will make it difficult to find workers and materials. The National Association of Home Builders/Wells Fargo housing market index fell 3 points to 64, and August's reading was downwardly revised by a point. The concern is that Hurricanes Harvey and Irma did so much damage that construction workers will flock to Texas and Florida for rebuilding. Concern about the ability to find qualified workers has been a problem for some time, and the hiring rate in the construction industry, 5.3%, is well above the national average of 3.8%. The index still is in optimistic territory, given that any reading over 50 indicates good conditions. The component gauging current sales conditions fell 4 points to 70, the index charting sales expectations in the next six months also dropped 4 points, to 74, and the component measuring buyer traffic slipped 1 point to 47.

The Dow Jones Industrial Average added 63.01 points or 0.28 percent to 22,331.35, the Nasdaq gained 6.17 points or 0.10 percent to 6,454.64 and the S&P 500 edged higher by 3.64 points or 0.15 percent to 2,503.87.



Top News Today
Biocon to set up R&D lab in Hyderabad
(24-Feb-2018)

Biocon to set up R&D lab in HyderabadBiocon is planning to start a Research and development (R&D) lab of its subsidiary Syngene in Genome Valley, Hyderabad, along with an expansion of its existing API/Intermediates facility. While......click on news to read complete article.

Idea Cellular raises Rs 3,500 crore via QIP
(24-Feb-2018)

Idea Cellular raises Rs 3,500 crore via QIPIdea Cellular has successfully closed a Qualified Institutions Placement (QIP) to raise Rs 3,500 crore. The company has issued and allotted about 42.42 crore equity shares to qualified institutional buyers......click on news to read complete article.

Tata Teleservices hikes stake in Tata Teleservices (Maharashtra)
(24-Feb-2018)

Tata Teleservices hikes stake in Tata Teleservices (Maharashtra)Tata Teleservices increased its stake in Tata Teleservices (Maharashtra) (TTML) by 11.76 percent to 48.3 percent by acquiring the shares that Japanese giant NTT DoCoMo had surrendered on exit from the......click on news to read complete article.

International Stock News
US Markets end higher on Friday
(24-Feb-2018)

US Markets end higher on FridayUS markets ended the Friday's session on optimistic note and the major averages ended the session at their best levels of the day. A continued drop by treasury yields contributed to the rally on Wall Street,......click on news to read complete article.

US markets closed mostly higher; Nasdaq report minor loss
(23-Feb-2018)

US markets closed mostly higher; Nasdaq report minor lossThe US markets closed mostly higher on Thursday, following upbeat data on the labor market which may have momentarily offset investor jitters over climbing inflation and rising bond yields. But stocks......click on news to read complete article.

US markets closed mostly higher; Nasdaq report minor loss
(23-Feb-2018)

US markets closed mostly higher; Nasdaq report minor lossThe US markets closed mostly higher on Thursday, following upbeat data on the labor market which may have momentarily offset investor jitters over climbing inflation and rising bond yields. But stocks......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.