Posts in category Economic Times
187 BSE500 stocks offer double digit returns as markets scaled new heights in June (29-06-2024)
The India Cements was the top gainer in this pack with nearly 44% return, followed by Amara Raja Energy (41%), JK Paper (40.5%), and V Mart Retail (40.5%).
Retail traders are getting bigger than ever in US stock options (29-06-2024)
Retail traders were responsible for 18.3% of the total options activity in June, a record, the bank’s strategists led by Bram Kaplan wrote Friday in a note to clients on Friday. More than 60% of their orders were for contracts expiring a week out or less, with technology options being of the highest demand among single-stock trades.
US inflation cools in May, boosting hopes of Fed rate cut (29-06-2024)
May's stable inflation, influenced by service costs and goods prices, sets the stage for potential Federal Reserve interest rate changes. The report highlights slight consumer spending growth and hints at the Fed's aim for a controlled economic slowdown through core inflation moderation.
US Treasury finalizes new crypto tax reporting rules (29-06-2024)
The new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asset transactions. The rules will help simplify reporting and may lead to additional IRS regulations for non-custodial brokers in the future.
Tech boom leads global markets through first half of 2024 (29-06-2024)
The first half of 2024 was marked by soaring mega caps, political uncertainties, and remarkable movements in commodities and emerging markets. From Nvidia's market value surge to Japan's weakening yen and the rise of cryptocurrencies, the period reflected a mix of challenges and opportunities shaping the global economy.
Top U.S. banks hike dividends after sailing through Fed’s stress test (29-06-2024)
U.S. banking leaders increase third-quarter dividends following successful Federal Reserve stress tests, demonstrating robust financial health amid economic uncertainty.
Jobs, inflation data may break the US Treasury market out of narrow range (29-06-2024)
Bond market trends are closely tied to Powell's testimony, economic indicators, and Treasury yield movements. Factors like the recent Australia inflation rebound, central bank actions, and insights from Macquarie Group are key considerations for investors navigating market uncertainties.
5 world market themes for the week ahead (29-06-2024)
Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal challenges. The market awaits U.S. job data impact on Federal Reserve's rate policy.
Nike stock plunges as gloomy sales forecast fans growth concerns (29-06-2024)
Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. The company's strategic pivots towards sustainability and product revamps aim to counter market pressures, signaling a critical phase for Nike's future direction and management dynamics.
Wall Street ends lower as investors digest inflation data, presidential debate (29-06-2024)
Market dynamics were influenced by strategic acquisitions like Nokia's deal with Infinera, impacting trading volume. Sector performances varied, with energy and real estate sectors showing resilience, while utilities and communications services faced declines.