Tag Archives: but

Market ‘a little bubbly,’ but pullback coming, expert says

With the earnings propelling equities to new highs, investors will have to wait for an opportunity to get into the market, experts told CNBC on Monday. The Dow Jones industrial average notched its ninth straight record close Monday, ending up 25.61 points at 22,118.42, amid a stronger-than-expected earnings season. “Earnings have been getting better and better,” trader Peter Costa said. While he’s not ... Read More »

ITC’s cigarettes business lit up Q1 results but cess hike a wet blanket

In the June quarter, 93% of the increase in ITC’s segment profit over a year ago was contributed by the cigarettes business. Photo: Reuters LATEST NEWS » Elon Musk likened to common car dealer as Model 3 can reach $59,500 India Today group CEO Ashish Bagga steps down Spotify is coming after Apple with a new podcast initiative Nitish Kumar ... Read More »

Dow halts 4-session skid, but Nasdaq slumps as technology stocks stumble

The Dow industrials on Monday ended a string of daily losses at four, but the Nasdaq Composite faltered, putting pressure on the broader market. The Dow Jones Industrial Average DJIA, +0.07%  rose 14.79 points, or less than 0.1%, at 21,409.55. The Nasdaq Composite Index COMP, -0.29%  shed 18.10 points, or 0.2%, to 6,251 as Apple Inc. AAPL, -0.31%  dropped 0.3%, ... Read More »

Shivraj Singh Chouhan on indefinite fast, but Madhya Pradesh farmers continue stir

A file photo of Madhya Pradesh chief minister Shivraj Singh Chouhan. Photo: Pradeep Gaur/Mint Bhopal: Facing an agrarian unrest in Madhya Pradesh, Chief Minister Shivraj Singh Chouhan on Saturday launched an indefinite fast here with an appeal for peace and met farmer leaders, but failed to reach a compromise, while the opposition Congress dismissed it as mere “drama”. No major ... Read More »

State Bank of India (SBI) cleared on cash transaction charges: Rs 25 will be charged but only …

SPECIAL THINGS 25% charge per withdrawal on withdrawal of money from SBI Bank Big ATM Media reports that SBI would charge 25 rupees for all ATM transactions SBI Bank has given clearance in this regard. New Delhi: Country’s largest bank, State Bank of India (SBI) has made changes in the service charge of some cash transactions related to ATM withdrawals, ... Read More »

Brexit economy: workers face squeeze but firms remain upbeat

Shoppers apparently shrugged off any worries about rising prices to keep spending in April. Photograph: Luke MacGregor/Reuters The Brexit squeeze on household budgets has intensified over the past month, but companies and investors remain cautiously optimistic about the economic outlook in the run-up to the election, a Guardian analysis shows. With a fortnight to go until the general election, the ... Read More »

Stocks Fade, But Facebook Soars; Why These 2 Medicals Are Up Big

The stock market was modestly lower heading into Friday’s close, with small caps taking a beating following a heavy slate of earnings reports. The Nasdaq composite fell fractionally as some of its major components such as Amazon.com (AMZN) and Alphabet (GOOGL) enjoyed post-earnings rallies while others fell on disappointing results. Amazon was well off its Friday intraday high, but still above ... Read More »

Stocks close lower as Wall Street braces for French election, but post weekly gains

U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned positive in afternoon trade after President Donald Trump told ... Read More »

Stocks Up, But Gains Pared; Nvidia Advances

Nvidia advanced almost 2% in the stock market today as the stock battles for support around the 50-day line. (TRIPPLAAR KRISTOFFER/SIPA/Newscom) The stock market pared gains through midday trading, but remained solidly in positive territory heading into the later part of the trading day. After leading the way Wednesday, the Nasdaq lagged the other major indexes with a 0.1% rise. ... Read More »

U.S. business spending picking up, but may slow in second quarter

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, ... Read More »