The SP 500 benchmark index rallied in the afternoon after falling earlier in the session in a volatile trading day. Concerns about high-yield bonds, oil price swings and the Fed made for a skittish market, said Peter Costa, president of Empire Executions Inc.
Posts tagged MC
Wall Street closes higher as crude steadies (15-12-2015)
Nifty may open with small losses ahead of Fed meet (15-12-2015)
Indian shares are likely to open in the red, though any losses will likely be capped and may be reversed later, amid mixed trading in Asian markets and after Wall Street closed in the green overnight.
Asian stocks steady, oil volatile as Fed looms large (15-12-2015)
Markets were also focused on whether the People’s Bank of China (PBOC) would continue to guide its currency lower, with traders wary about the central bank’s intentions after it set the yuan/dollar official midpoint at 4-1/2-year lows in recent session.
Committed to delivering dengue vaccine to India: Sanofi (14-12-2015)
Sanofi is committed to delivering the vaccine to India and is in contact with local authorities in the country for providing the drug, says Dr Anh Wartel, Senior Director, Clinical Development, RD at Sanofi.
Market volatility to continue for next 48 hours: Ajay Bagga (14-12-2015)
According to market expert, Ajay Bagga volatility will continue for at least next 48 hours till the Fed uncertainty is out of the way.
Car dealers oppose NGT’s Delhi diesel ban (14-12-2015)
NGT will hear the plea against the blanket ban on diesel vehicles tomorrow against the Green Tribunal’s order.
MM, Tech Mahindra to buy Italian car design co Pininfarina (14-12-2015)
Mahindra and Mahindra and Tech Mahindra to jointly acquire Italian car design company Pininfarina. Both the companies will first form a special purpose vehicle (SPV) and together will acquire 76.06 percent stake in the company
Smart strategies for private equity investing in realty (14-12-2015)
Indian real estate market is evolving. As the legal frameworks improve and more transparent practices catch up, there is a larger role private equity players can take up.
November CPI quickens to 5.41% driven by food inflation (14-12-2015)
The November Consumper Price Index (CPI) has come in higher at 5.41 percent versus 5 percent month-on-month driven mainly by rise in food inflation. The food inflation came in 6.07 pecent versus 5.25 percent (M-o-M).
Sebi attaches PACL assets over failure to refund Rs 60K cr (14-12-2015)
PACL had raised Rs 49,100 crore from nearly 5 crore investors that it needs to refund along with promised returns, interest payout and other charges, which take the total amount due to more than Rs 55,000 crore, Sebi said on Monday.