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Stock Market

Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small

NEW YORK (AP) — A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars.The S&P 500 jumped 1.1% for its best day in seven weeks after 3M and several other big companies delivered better profits for the spring than analysts expected. The Dow Jones Industrial Average soared 654 points, or 1.6%, while the Nasdaq composite climbed 1%.The market’s widespread gains included rallies...
Currencies

Rupee Rises 4 Paise to 83.57 vs US Dollar

The Indian rupee appreciated 4 paise to 83.57 against the US dollar in early trade on Tuesday, supported by positive trend in domestic equities and foreign fund inflows.Mumbai, Jul 16 (PTI) The rupee appreciated 4 paise to 83.57 against the US dollar in early trade on Tuesday, supported by positive trend in domestic equities and foreign fund inflows.Forex traders said dollar demand from local importers limited the rupee's upward momentum.At the interbank foreign exchange market, the rupee opened at 83.59 and gained ground to trade at 83.57 against the greenback...
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