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Rising rates might be fine for the stock market: Chart of the Week

Rising rates might be fine for the stock market: Chart of the Week

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: One of the more puzzling adages for stock market investors is that good news is bad news. Less job growth, slower wage gains, falling inflation, and a softening economy are often viewed as …

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Hungary finance minister says inflation sensitive to global economic shocks By Reuters

Hungary finance minister says inflation sensitive to global economic shocks By Reuters

© Reuters. Hungarian Finance Minister Mihaly Varga speaks during an interview with Reuters in Budapest, Hungary July 19, 2023. REUTERS/Krisztina Than/File photo BUDAPEST (Reuters) – Hungary’s finance minister on Saturday warned against complacency despite a sharp fall in the European Union’s highest inflation rate, saying any new supply shock to the global economy could reignite …

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Share Market Highlight: Markets end lower in special trading session! Nifty closes below 21,600, Sensex above 71,400; FMCG and IT stocks losses – Market News

Share Market Highlight: Markets end lower in special trading session! Nifty closes below 21,600, Sensex above 71,400; FMCG and IT stocks losses – Market News

13:59 (IST) 20 Jan 2024 Kotak Mahindra Bank rise 3.7% Shares of Kotak Mahindra Bank rose 3.7% to Rs 1,829.45 after the company reported the thir quarter earnings. The bank reported a jump of 6.75% in the net profit to Rs 3,005 crore. The net interest income rose to Rs 6,554 crore against the estimates …

Share Market Highlight: Markets end lower in special trading session! Nifty closes below 21,600, Sensex above 71,400; FMCG and IT stocks losses – Market News Read More »

Humiliating Shock for Narendra Modi’s Mega-Hyped Vanity Project

Humiliating Shock for Narendra Modi’s Mega-Hyped Vanity Project

AYODHYA, India—It was supposed to be an iconic moment to cement Prime Minister Narendra Modi’s place as one of the greatest Hindu nationalists in Indian history, but despite all the fanfare and celebrations he has failed to deliver. When the massive, controversial new Hindu temple is inaugurated before a vast crowd on Monday, the complex …

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Why AMD Stock Is Soaring This Week

Why AMD Stock Is Soaring This Week

Advanced Micro Devices (NASDAQ: AMD) stock is making big gains this week. The company’s share price was up 11% from the previous week’s market close heading into this Friday’s trading, according to data from S&P Global Market Intelligence. AMD stock is soaring thanks to new performance updates and guidance released by Taiwan Semiconductor Manufacturing, the …

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Sensex rebounds 496 pts on value buying in oil, metal shares; snaps 3-day losing run, ET EnergyWorld

Sensex rebounds 496 pts on value buying in oil, metal shares; snaps 3-day losing run, ET EnergyWorld

Mumbai: Benchmark Sensex rebounded 496 points while Nifty closed above the 21,600 level on Friday as value buying in heavyweight stocks and a firm trend in global markets helped indices cut short three days of losses. The 30-share BSE Sensex jumped 496.37 points or 0.70 per cent to settle at 71,683.23. During the day, it …

Sensex rebounds 496 pts on value buying in oil, metal shares; snaps 3-day losing run, ET EnergyWorld Read More »

Latinos play major role in fueling Arizona’s economy

Latinos play major role in fueling Arizona’s economy

Latinos are the main contributors to Arizona’s growing labor force, largely because they tend to be younger and have higher birth rates than the rest of the population, according to a new report. But because Latinos tend to work in lower-paying jobs and, therefore, on average, earn lower wages than their peers, their economic output …

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Share Market Highlight: Markets end higher! Nifty closes above 21,600, Sensex below 71,700; FMCG and Oil & Gas stocks gain – Market News

Share Market Highlight: Markets end higher! Nifty closes above 21,600, Sensex below 71,700; FMCG and Oil & Gas stocks gain – Market News

15:25 (IST) 19 Jan 2024 Top gainers and losers in later hours ONGC, Bharti Airtel, NTPC, Britannia, and Tech Mahindra were the top laggard in the Nifty 50. While IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Adani Ports, and Divi’s lab were the kep laggard in the Nifty 50. Stocks To watch: RIL, SBI, Lupin, …

Share Market Highlight: Markets end higher! Nifty closes above 21,600, Sensex below 71,700; FMCG and Oil & Gas stocks gain – Market News Read More »

Crypto Is Under Attack!. Bitcoin and the broader cryptocurrency… | by Linus Martel | Jan, 2024

Crypto Is Under Attack!. Bitcoin and the broader cryptocurrency… | by Linus Martel | Jan, 2024

Bitcoin and the broader cryptocurrency market are currently experiencing a downturn, prompting speculation about potential future developments. One notable factor contributing to the market’s instability is the ongoing sale of crypto assets by Grayscale Bitcoin Trust (GBTC), and questions arise regarding the capacity of other ETFs to absorb this selling pressure. Negative sentiments during market …

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