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US stocks sink at open as coronavirus fears prompt California emergency

The Dow Jones fell 418.94 points, or 1.55%, at the open to 26,671.92The S&P 500 opened lower by 54.42 points, or 1.74%, at 3,075.70

1 min read5 Mar 2020
Money

Why Indians need to invest in the world

In the last 9 months, the Indian equity market has been underperforming global assets. Therein lies an opportunityInvestors can diversify out of Indian equities into debt and global assets via RBI’s Liberalised Remittance Scheme or even with exchange-traded funds in India, against rupee payment

9 min read25 Feb 2020
Markets

US markets tumble as coronavirus fears mount

At 12:11 p.m. ET, the Dow Jones Industrial Average was down 283.37 points, or 0.97%, at 29,064.66 and the S&P 500 was down 32.79 points, or 0.97%, at 3,353.36Technology stocks led the slide, with Microsoft down 2.5% and Apple and Amazon.com dropping 1.3% each

2 min read20 Feb 2020
Markets

US markets: S&P 500, Nasdaq hit new highs on China stimulus hopes, drop in new virus cases

Dow Jones rose 0.29% to 29,316.60 and the S&P 500 gained 0.46% to 3,385.73Technology stocks, which are sensitive to news related to China's growth, gained 0.8%, the most among major S&P sectors

2 min read19 Feb 2020
Markets

US markets ease from record highs on coronavirus concerns, Cisco results

The Dow Jones was down 95.16 points, or 0.32%, at 29,456.26 and the S&P 500 was down 7.01 points, or 0.21%, at 3,372.44.Technology stocks, which have surged more than 10% this year, slipped 0.4%. Seven of the 11 major S&P sectors were lower.

1 min read13 Feb 2020
Markets

US markets: S&P 500, Nasdaq hit record on IBM, waning China virus fears

Dow Jones Industrial Average rose 0.29% to 29,280.61The S&P 500 gained 0.36% to 3,332.60 and the Nasdaq was up 0.54% at 9,421.75

2 min read22 Jan 2020
Markets

US markets slip amid China virus outbreak, growth fears

The Dow Jones was down 0.15% at 29,302.69. The S&P 500 fell 0.23% to 3,322.12 and the Nasdaq slipped 0.09% to 9,380.87Another cause for concern was the IMF trimming its global growth forecasts for 2020 and 2021

1 min read21 Jan 2020
Markets

US markets: S&P hits record high on trade deal, Morgan Stanley earnings

The S&P 500 opened higher by 13.68 points, or 0.42%, at 3,302.97The Dow Jones rose 101.73 points, or 0.35%, at the open to 29,131.95

1 min read16 Jan 2020
Markets

US markets hit record high on trade optimism, FAANG rally

The Dow Jones rose 106.88 points, or 0.37%, at the open to 28,851.97The S&P 500 opened higher by 12.98 points, or 0.40%, at 3,266.03

1 min read9 Jan 2020
Markets

Wall Street slips from near-record highs in Christmas Eve trade

All three major stock indexes notched all-time closing highs on MondayThe S&P 500 technology sector shed 0.1% and was among the biggest drags on the benchmark index

1 min read24 Dec 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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