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 end mixed; S&P reports minor loss

US markets end mixed; S&P reports minor loss (09-May-2018)

The US markets closed ended mixed on Tuesday after President Donald Trump, as expected, announced the US would pull out of a multilateral nuclear deal with Iran. Trump announced the US was abandoning the 2015 Iran nuclear deal, which was forged by former President Barack Obama three years ago. The president also said he planned to ramp up penalties against Tehran, including the highest level of economic sanctions. Trump suggested that the US may still be open to negotiations with Iran but the abandonment of the nuclear deal puts the Washington at odds with many European allies, including France and Germany. Separately, Federal Reserve Chairman Jerome Powell said that the role of US monetary policy in driving global financial conditions and capital flows is often overstated. The pickup in both global growth and commodity prices are also factors. Powell said that the Fed should still remain alert to risk sentiment as monetary policy normalization occurs, adding that officials will try to avoid market disruptions by communicating its policy strategy as clearly and transparently as possible. Powell added that emerging market economies should be able to manage as advanced economies move toward tighter monetary policy.

On the economy front, the index of small-business optimism from the National Federation of Independent Businesses ticked up fractionally to 104.8 in April. The closely-watched confidence index roared to fresh highs after tax cuts were passed late last year. But it's struggled to hold its momentum since then. The April increase, of 0.1 point, missed economists' forecasts of a 0.2-point gain. Despite the disappointing headline number, the small-business lobby highlighted a surge in the gauge of expected profit trends, which hit the highest in the survey's 45-year history.

Meanwhile, according to the latest data from the Job Openings and Labor Turnover Survey, there were 6.55 million job openings in March. In March, there were 6.59 million unemployed, meaning there are 1.01 unemployed workers for every job. In July 2009, just as the US exited the Great Recession, there were 6.65 unemployed people for every available job. The fact that job openings have climbed so steadily - at a time when jobs growth is slowing - suggests that companies are now having a hard time finding the right workers. While average hourly pay was just 2.6% in the 12 months ending April, the three-month average of median wage growth in March was a stronger 3.3%.

The Dow Jones Industrial Average added 2.89 points or 0.01 percent to 24,360.21, the Nasdaq gained 1.689 points or 0.02 percent to 7,266.90, while the S&P 500 was down by 0.71 points or 0.03 percent to 2,671.92.



Top News Today
LTI get nod to close its wholly owned subsidiary
(25-May-2018)

LTI get nod to close its wholly owned subsidiaryLarsen & Toubro Infotech (LTI) has received an approval for the closure of its wholly owned subsidiary i.e. Larsen & Toubro Infotech Austria GmbH (LTI Austria). The Board of Directors of......click on news to read complete article.

Cox & Kings' arm gets NBFC license form RBI
(25-May-2018)

Cox & KingsCox & Kings' wholly owned subsidiary - Cox & Kings Financial Service has received a Non-Banking Finance Company (NBFC) license from Reserve Bank of India (RBI).Cox & Kings Financial......click on news to read complete article.

Triveni Engineering to incorporate wholly owned subsidiary
(25-May-2018)

Triveni Engineering to incorporate wholly owned subsidiaryTriveni Engineering & Industries has received an approval to incorporate wholly owned subsidiary as a Special Purpose Vehicle (SPV) for implementation of a project/order for about Rs 438 crore......click on news to read complete article.

International Stock News
US markets end lower on Thursday
(25-May-2018)

US markets end lower on ThursdayThe US markets ended in red terrain on Thursday, as geopolitical worries hovered over markets after Trump called off the summit that was set to take place June 12 in Singapore. The cancellation followed......click on news to read complete article.

Asian markets exhibit mixed trend in early deals on Thursday
(24-May-2018)

Asian markets exhibit mixed trend in early deals on ThursdayAsian market indices are exhibiting a mixed trend in early deals on Thursday after US stocks reversed early losses and finished higher as investors appraised the Federal Reserve's signal that it is not......click on news to read complete article.

US markets end higher as Fed hints at gradual rate hikes
(24-May-2018)

US markets end higher as Fed hints at gradual rate hikesThe US markets ended higher on Wednesday after the minutes from the Federal Reserve's May 2 meeting confirmed that policy makers support a June rate increase and are maintaining a calm attitude about the......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.