logo
ENع
#

Latest news with #DowJones

Heard on the Street Wednesday Recap: Coin Flip
Heard on the Street Wednesday Recap: Coin Flip

Wall Street Journal

time3 hours ago

  • Business
  • Wall Street Journal

Heard on the Street Wednesday Recap: Coin Flip

What happened in markets Wednesday, before the Juneteenth holiday: Stocks were little changed. The S&P 500 was fractionally lower, and the Dow Jones Industrial Average shed just 44 points. The Nasdaq Composite gained 0.1% (🎧 listen here). The Federal Reserve held interest rates steady. Officials raised their forecasts for both inflation and unemployment this year. There was also wider dispersion among policymakers regarding expectations for the Fed's next rate moves.

Heard on the Street Recap: Coin Flip
Heard on the Street Recap: Coin Flip

Wall Street Journal

time3 hours ago

  • Business
  • Wall Street Journal

Heard on the Street Recap: Coin Flip

What Happened in Markets Today Stocks were little changed. The S&P 500 index was fractionally lower, and the Dow Jones Industrial Average shed just 44 points. The Nasdaq Composite was up 0.1%. The Fed held steady. The Federal Reserve didn't alter its interest-rate target. But officials' projections now anticipate inflation and unemployment to rise this year by more than they did in March. There was also a wider dispersion of officials' expectations for their next rate moves.

GIFT Nifty signals firm start
GIFT Nifty signals firm start

Business Standard

time8 hours ago

  • Business
  • Business Standard

GIFT Nifty signals firm start

GIFT Nifty: GIFT Nifty June 2025 futures were trading 41.50 points higher in early trade, suggesting a positive opening for the Nifty 50. Institutional Flows: Foreign portfolio investors (FPIs) bought shares worth 934.62 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 605.97 crore in the Indian equity market on 19 June 2025, provisional data showed. According to NSDL data, FPIs have sold shares worth Rs 10710.25 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024. Global Markets: US Dow Jones futures were down 156 points, signaling a weak start for Wall Street. Wall Street was closed on Thursday for the Juneteenth holiday. Asian stocks traded mixed Friday as investors assessed China data and monitored escalating tensions between Israel and Iran. U.S. President Donald Trump is now weighing on whether to back the Israeli military and strike Tehran. The White House said that he will make a final decision within the next two weeks. Japan's core consumer price index (CPI), which excludes volatile fresh food costs, rose 3.7% in May from a year earlier, data showed on Friday, accelerating from a 3.5% increase in April. China kept its benchmark lending rates unchanged Friday. The Peoples Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday. Domestic Market: Key equity benchmarks ended with marginal losses Thursday, marking the third straight session of decline, as investor sentiment remained shaky due to escalating tensions between Israel and Iran. Adding to the caution, the U.S. Federal Reserve's decision to hold interest rates steady also weighed on global cues. The S&P BSE Sensex shed 82.79 points or 0.10% to 81,361.87. The Nifty 50 index fell 18.80 points or 0.08% to 24,793.25. The Sensex and the Nifty have fallen 0.53% and 0.61%, respectively, in three sessions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store