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Posted on February 23, 2024

Another all-time high for Nifty, Sensex up 100 points on positive global cues

Another all-time high for Nifty, Sensex up 100 points on positive global cues The momentum is likely to continue and markets expected to touch new highs. The market will track global cues as no major domestic events are lined up in the sort term, say analysts
Posted on February 23, 2024

Gold set for weekly gain on safe-haven inflows, softer dollar

Gold prices on Friday were set for their first weekly gain in two, supported by a softer dollar and safe-haven buying, as investors awaited further clues on when the U.S. Federal Reserve is likely to begin cutting its interest rates.
Posted on February 23, 2024

Yen sinks as currency traders keep short and carry on

The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth weekly drop on the dollar as investors chased better yields just about everywhere but Japan, wagering rates there would stay near zero for some time.
Posted on February 23, 2024

S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy

The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday, powered by investors piling into growth and technology stocks the day after artificial intelligence poster child Nvidia’s bumper earnings and outlook.
Posted on February 22, 2024

Taking Stock: Nifty hits fresh all-time high, Sensex gains 535 points on sharp pullback

Taking Stock: Nifty hits fresh all-time high, Sensex gains 535 points on sharp pullback The BSE Sensex is 225.87 points away from its record high level of 73,427.59 tested on January 16, 2024.
Posted on February 22, 2024

Sensex, Nifty slump amid weakness in banking stocks; broader indices outperform

Sensex, Nifty slump amid weakness in banking stocks; broader indices outperform Analysts say banking stocks, which were trading down, have to be supportive for the benchmarks to scale new highs
Posted on February 22, 2024

Nvidia stock surges after results, lifts other AI shares

Nvidia added over $129 billion in stock market value late on Wednesday after the chipmaker’s hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.
Posted on February 22, 2024

Nikkei soars past all-time closing high as chip stocks rise on Nvidia’s robust outlook

Japan’s Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia’s outlook beat market expectations.
Posted on February 22, 2024

Gold edges higher on safe-haven demand, weaker dollar

Gold prices edged up on Thursday supported by safe-haven demand amid rising geopolitical tensions in the Middle East and a softer dollar, while minutes of the latest U.S. Federal Reserve meeting dampened hopes for an early interest rate cut.
Posted on February 21, 2024

Taking Stock: Sensex, Nifty see profit booking; IT stocks among top drags

Taking Stock: Sensex, Nifty see profit booking; IT stocks among top drags Broader markets continued to see selling as key indices fell over a percent.

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RSS MarketWatch.com – Real-time Headlines

  • Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
  • Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
  • Swiss National Bank cuts interest rates by a half point to 0.5%
  • Dollar jumps 0.5% to 0.8890 francs
  • Germany flash services PMI falls to 9-month low of 49.4
  • Germany flash manufacturing PMI rises to 4-month high of 43.2
  • Powell says labor market not a source of significant inflation pressure
  • Fed’s Powell says rate cut ‘on the table’ as soon as September
  • Final S&P U.S. manufacturing index is 52.2 in February vs. initial 51.5
  • Duolingo started at buy with $222 price target at Seaport
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