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Sensex, Nifty Marginally Lower; Private Banks Top Losers
Indian shares were subdued on Wednesday as investors await the minutes from the Federal Reserve's most recent monetary policy meeting and Fed Chair Jerome Powell's speech at the Jackson Hole Economic Symposium for clues on the U.S. interest-rate cuts this year.
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128 일 전
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, with traders booking some profits after the recent upward trend in the markets. They also seemed reluctant to make significant moves ahead of key events later this week that could impact the outlook for interest rates. Asian markets closed mixed on Tuesday.
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128 일 전
Sensex, Nifty Seen Tad Lower On Weak Global Cues
Indian shares may open flat to slightly lower on Wednesday, tracking weak cues from global markets.
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128 일 전
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, giving up some of the strong gains in the previous session, following the broadly negative cues from global markets overnight. The Nikkei 225 is falling well below the 37,800 level, with weakness across most sectors led by index heavyweights and technology stocks.
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128 일 전
Australian Market Notably Lower
Australian shares are trading notably lower on Wednesday, snapping an eight-session winning streak, with the benchmark S&P/ASX 200 falling well below the 8,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors led by energy and technology stocks.
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128 일 전
TSX Snaps 8-day Winning Streak, Ends Modestly Lower
Despite data showing a drop in the nation's inflation in the month of July, the Canadian market snapped an eight-session winning streak and ended on a weak note on Tuesday, weighed down by losses in the energy sector.
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128 일 전
Dollar Remains Weak On Rate Cut Bets
The U.S. dollar weakened against its major counterparts on Monday with investors awaiting the minutes from the Federal Reserve's July meeting, and Fed Chair Jerome Powell's speech at the annual Jackson Hole Economic Symposium.
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128 일 전
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U.S. Dollar Weakens Ahead Of Powell's Speech
The U.S. dollar moved down against its major counterparts in the New York session on Tuesday, as investors await the Federal Reserve's annual Jackson Hole Economic Symposium, where Chair Jerome Powell is scheduled to deliver a speech on Friday.
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128 일 전
Swiss Market Fails To Hold Early Gains, Ends Marginally Down
The Switzerland market failed to hold early gains and settled slightly weak on Tuesday as investors made cautious moves, looking ahead to the release of Fed minutes and Fed Chair Jerome Powell's speech at Jackson Hole Economic Symposium.
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128 일 전
European Markets Close Lower
European markets ended lower on Tuesday, weighed down mostly by losses in the energy sector. The mood remained a bit cautious amid uncertainty about the outlook for economic growth in the region, and possible interest rate moves by major central banks.
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128 일 전
Canadian Market Moderately Lower As Energy Stocks Fall
Despite soft inflation data raising prospects of another rate cut by the Canadian Central Bank, the Bay Street is languishing in negative territory after a somewhat sluggish start Tuesday morning, weighed down by losses in energy section due to declining oil prices.
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128 일 전
EU To Impose Countervailing Duty Of 9% On Tesla's China-made BEVs
The European Commission is disclosed its draft decision to impose countervailing duties of up to 36.3 percent on imports of battery electric vehicles (BEVs) from China. The Commission said the unfair subsidization is causing a threat of economic injury to BEV producers in the European Union.
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128 일 전
GM To Cut More Than 1,000 Software Jobs
Auto major General Motors is laying off more than 1,000 salaried employees in its software and services division across the world, mostly in the U.S., with a view to streamlining its operations, reports said. In the proposed layoffs of software engineers, more than 600 will be at GM's tech campus in Michigan. The job cuts represent about 1.3 percent of GM's global salaried workforce...
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128 일 전
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