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Dow Jones falls 380 points after Trump says he does not need to sign tariff deals

US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and as more companies scrub their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs. The S&P 500 was down 1.1% in early trading and on track for a second drop after breaking a nine-day winning streak, its longest such run in more than 20 years.US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and...
Currencies

Currency Market News: Rupee slips 8 paise to 84.38 against US dollar

Rupee traded in a narrow range on Tuesday, slipping 8 paise to 84.38 against the US dollar in early trade amid a stronger dollar index, weakness in Asian currencies, and lingering geopolitical tensions between India and Pakistan. At the interbank foreign exchange, the rupee opened at 84.28 and moved between an early high of 84.26 and a low of 84.38 against the greenback. The domestic currency had closed at 84.30 on Monday, registering a 27 paise gain. Forex traders said that while the USD/INR pair remained under pressure from global...
Stock Market

Dow futures down 225 points after best run in 20 years; Brent slides below $60

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...
Stock Market

Dow futures fall after longest winning streak in 20 years; Brent crude sinks below $60

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...
Stock Market

Dow jumps 500 points, S&P 500 posts longest win streak in 20 years as stocks claw back tariff losses

US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. The S&P 500 rose 1.47% to close at 5,686.67, marking its ninth consecutive day of gains — the longest such streak since...
Stock Market

Dow jumps 550 points on solid jobs report, S&P 500 heads for longest winning streak in 20 years

US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following a stronger-than-expected report on the U.S. job market. The S&P 500 gained 1.3%, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average rose 449 points, or 1.1%, as of 11:06 a.m. Eastern. The Nasdaq composite rose 1.4%. The gains were broad. Technology stocks were among the companies doing the heaviest lifting.US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following...
Stock Market

Dow futures up 320 points; StanChart, ING beat estimates in Q1

May 2, 2025 10:27 AM ISTUS Stock Market Live: Standard Chartered Beats Estimates In Q1Standard Chartered on Friday beat first-quarter profit expectations on the back of strong growth in its wealth management and global markets businesses. The bank’s reported profit before taxation for the three months ended in March was $2.103 billion, up from $1.91 billion in the same period a year ago. “We delivered a strong performance in the first quarter of 2025, with earnings per share up 19%, driven by double-digit income growth in Wealth Solutions, Global Markets...
Stock Market

S&P 500 inches higher, but US GDP contraction sparks recession fears amid Trump tariff impact

US Stock Market Crash Highlights: The S&P 500 eked out a modest gain on Wednesday (April 30), rising 0.15% to close at 5,569.06, as investors grappled with fresh recession concerns following data showing a contraction in US economic growth. The Dow Jones Industrial Average added 141.74 points, or 0.35%, ending at 40,669.36.US Stock Market Highlights: The S&P 500 eked out a modest gain on Wednesday (April 30), rising 0.15% to close at 5,569.06, as investors grappled with fresh recession concerns following data showing a contraction in US economic growth. The...
Stock Market

Dow futures drop 90 points; Oil set for worst monthly fall since 2021

US Stock Market Live: The US stock futures continue to remain in cautious mode after a slew of companies suspended or tweaked their full year guidance in light of President Donald Trump's tariff-related uncertainties. Yet, it did not stop Wall Street from reporting another day of gains, continuing their recovery from their respective 52-week low levels. Watch this space for all the live updates.US Stock Market Live: The US stock futures continue to remain in cautious mode after a slew of companies suspended or tweaked their full year guidance in...
Stock Market

Dow futures up 50%; ECB survey shows higher inflation expectations

US Stock Market Live: US futures are currently trading with a tinge of caution ahead of a slew of earnings and data releases later in the week. Futures on the Dow Jones are trading with gains of 20 points, while those of the S&P 500 and Nasdaq are also trading around the flat line. Watch this space for all the live updates.US Stock Market Live: US futures are currently trading with a tinge of caution ahead of a slew of earnings and data releases later in the week. Futures on...
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