The Dow Jones continued to underperform, declining 0.4%, and registering its fifth day of drop in the last six.
» Read more about: Nasdaq hits record high led by Alphabet but Dow continues underperformance »
The S&P 500 and Nasdaq closed higher overnight while the Dow fell in choppy trading as investors digested a host of corporate earnings and awaited Google-parent Alphabet’s results after the market close.
Alphabet, one of the so-called “magnificent seven” megacap technology stocks, rose ahead of its earnings report.
Following the close of trade,
U.S. stocks finished higher on Monday as Wall Street geared up for a busy week packed with quarterly earnings from megacap technology companies.
The Dow Jones Industrial Average rose 273.17 points, or 0.7%, to end at 42,387.57. It was the largest one-day point and percentage gain since Oct.
» Read more about: Stock Market Today: Dow ends up over 270 points ahead of Big Tech earnings »
Stock Market Today: The Benchmark Nifty 50 index, adding to its Monday gains, ended 0.52% higher at 24,466.85 on Tuesday. Sensex also ended a volatile trading session with 0.45% gains at 80,369.03. Nifty Bank also saw sharp gains of more than 2% to end at 52,320.70. Realty and metal sectors also saw gains,
A French delegation visiting Morocco with President Emmanuel Macron on Tuesday unveiled investment plans in the disputed Western Sahara as part of a broader suite of agreements and partnerships between the two countries.
Projects in Dakhla and the Guelmim-Oued Noun region are among the 10 billion euros ($10.8 billion) worth of initiatives announced during Macron’s three-day visit to Rabat,
» Read more about: France announces new investments in disputed Western Sahara »
Google parent Alphabet said on Tuesday its AI investments were “paying off” as it reported a 35 per cent surge in its cloud business and U.S. election-related spending lifted YouTube ad sales in the third quarter.
Alphabet shares rose nearly 6 per cent in after-market trading on Tuesday. Shares of Amazon and Microsoft,
» Read more about: Alphabet's AI investments boost cloud sales, lifts maturing ad business »
Norrenberger Asset Management Limited has urged Nigerians to invest in mutual funds to mitigate the effects of inflation.
The Managing Director/Chief Executive of NAML, Pabina Yinkere, said this during the listing of two mutual funds on the exchange on Tuesday.
The asset management company listed two of its mutual funds,
» Read more about: Inflation: Norrenberger Asset advocates mutual fund investment »
Suzlon Energy Ltd is a great business but not at a great price, said Ventura Secuirties in its latest note while suggesting a ‘Sell’ rating on the renewable energy solutions provider with a price target of Rs 50 over the next 24 months. This is against a Suzlon Energy price target of Rs 81 that JM Financial suggested for the next 12 months and Rs 67 that Nuvama Institutional Equities assigned for the same timeframe.
» Read more about: Suzlon Energy shares at Rs 50? Sell stock, says Ventura; here's why »
Rachel Reeves will unveil her historic Budget – the first by a Labour chancellor in 14 years – with a message of hope for the UK as she pledges to deliver economic growth and put money back in people’s pockets with a rise in the national minimum wage.