Posts in category Economic Times
Asia stocks drift, dollar firm as Fed rate path pondered (08-05-2024)
MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.19%, weighed down partly by declines from mainland Chinese blue chips. However, Hong Kong's Hang Seng rose 0.52%.
Big movers on D-Street: What should investors do with Dabur, Inox Wind and Zomato? (08-05-2024)
Stocks that were in focus include names like Dabur, which rose 5.11%, Inox Wind, which was down 6.06%, and Zomato, whose shares declined 1.89% on Tuesday.
Gold prices hold ground as traders eye Fed cues (08-05-2024)
China's central bank added 60,000 troy ounces of bullion to its reserves in April, official data showed on Tuesday, extending the period of consecutive purchases to 18 months.
Dollar regains momentum as yen struggles (08-05-2024)
The yen was last little changed at 154.75 per dollar, edging away from its peak of 151.86 hit last week on the back of suspected intervention from Japanese authorities to prop up the sliding currency.
Oil prices edge lower on rising US stockpiles (08-05-2024)
Brent crude oil futures fell 21 cents, or 0.3%, to $82.95 a barrel by 0020 GMT. U.S. West Texas Intermediate crude futures fell 13 cents, or 0.2%, to $78.25 a barrel.
S&P, Dow end slightly up, extend closing streaks despite Disney drag (08-05-2024)
The advances pushed the S&P 500 to a fourth straight higher close, and its best winning run since March. For the Dow , it is now on its longest positive run since December 2023, gaining for the fifth session in a row.