US equities are seen extending downside amid negative reaction to corporate earnings news from companies like Tesla and Alphabet. The major averages on Wall Street saw further downside late in the session, closing near their worst levels of the day. The Nasdaq plunged 654.94 points or 3.6 percent to 17,342.41, the S&P 500 dove 128.61 points or 2.3 percent to 5,427.13 and the Dow slumped 504.22 points or 1.3 percent to 39,853.87.
Posts in category Business Standard
Indices drift lower in early trade; media shares advance (25-07-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 520.91 points or 0.65% to 79,646.55. The Nifty 50 index shed 24.80 points or 0.16% to 24,439.30.
RVNL gets acceptance letter from South Eastern Railway for Rs 191 crore project (25-07-2024)
Rail Vikas Nigam (RVNL) said that it has received letter of acceptance from the Electrical Division of the South Eastern Railway for a project worth Rs 191.53 crore.
Suzlon Energy Ltd Spikes 4.88% (25-07-2024)
Suzlon Energy Ltd has added 18.74% over last one month compared to 1.41% fall in BSE Capital Goods index and 1.91% rise in the SENSEX
Jindal Steel & Power Ltd Slips 4.53%, BSE Metal index Shed 1.65% (25-07-2024)
Jindal Steel & Power Ltd has lost 12.73% over last one month compared to 6.14% fall in BSE Metal index and 1.9% rise in the SENSEX
SME IPO: VL Infra issue closes today; check GMP, subscription status & more (25-07-2024)
VL Infra IPO has been subscribed 292.84 times in the retail category and 140.48 times in the NII category, while the QIB category has received a subscription of 9.31 times as of July 24, 2024
Rail Vikas Nigam receives LoA from South Eastern Railway (25-07-2024)
Powered by Capital Market – Live News
$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022 (25-07-2024)
The Nasdaq indexes tumbled more than 3% for the worst days since October 2022
Slump in tech stocks knock Asia shares, yen towers at over 2-month high (25-07-2024)
MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.7%, while Japan’s Nikkei tumbled 2.9% and South Korea’s KOSPI dropped 2%. Taiwan’s markets were closed for a second day
Dish TV India board OKs raising Rs 1,000 crore (25-07-2024)
Dish TV India announced that its board has approved raising of funds for an amount not exceeding Rs 1,000 crore, in one or more tranches, subject to such approvals as may be required.