Workers at Japan's top companies get meagre 2017 pay hikes in Abenomics setback
By Tetsushi Kajimoto TOKYO (Reuters) – Most major Japanese companies offered the lowest hike in base pay in four years on Wednesday, a setback for Prime Minister Shinzo Abe’s campaign dubbed “Abenomics” to spur the long-sluggish economy. Toyota Motor Corp’s base pay hike, traditionally a benchmark other companies use to gauge their increases, came to […]
Sensex gains 188 points, records 52-week closing high; Nifty ends at new high
The Indian stock market ended on a bright note on Thursday, with the Sensex closing at a fresh 52-week high and the Nifty50 recording a new all-time closing high.Positive global markets after the US Federal Reserve came out with a less hawkish statement on Wendesday aided sentiment. A stronger rupee, recent strong data on industrial […]
US STOCKS-Wall St slightly lower as healthcare stocks weigh
* Fed signals two more rate hikes this year * Feb. housing starts rise more than expected * Biogen falls on downgrade; top drag on S&P * Dow down 0.03 pct, S&P down 0.11 pct, Nasdaq up 0.02 pct (Adds details, comments, updates prices) By Yashaswini Swamynathan March 16 (Reuters) – U.S. stocks slipped on […]
Wall Street slightly lower as healthcare stocks weigh
By Yashaswini Swamynathan (Reuters) – U.S. stocks slipped on Thursday as declines in the healthcare sector outweighed gains in financial stocks. Biogen was the biggest drag on the health sector, after downgrades by Morgan Stanley and Leerink triggered a 5.1 percent decline in the stock. The S&P 500 healthcare index fell 0.95 percent, the biggest […]
Sensex up 155 points, headed for strong close
Despite profit taking at higher levels in a few front line stocks, the Sensex and the Nifty50 look well on course to end on a bright note today. The Sensex hit a new 52-week high today and the Nifty50 scaled a fresh peak, with a positive lead from Wall Street and firm trend in Asian […]
US STOCKS-Wall St edges up on gains in tech, bank stocks
* Fed signals two more rate hikes this year * Feb. housing starts rise more than expected * Tesla up on plan to raise $1.15 bln * Indexes up: Dow 0.13 pct, S&P 0.02 pct, Nasdaq 0.09 pct (Updates to open) By Yashaswini Swamynathan March 16 (Reuters) – U.S. stocks opened slightly higher onThursday as […]
US STOCKS SNAPSHOT-Wall St opens higher as technology stocks gain
March 16 (Reuters) – U.S. stocks opened higher on Thursday,led by technology stocks, a day after the Federal Reserve raisedinterest rates for the first time this year and said its path totightening policy would be gradual. The Dow Jones industrial average was up 34.69 points,or 0.17 percent, at 20,984.79, the S&P 500 was up 2.52points, […]
Sensex, Nifty remain in positive territory; Metal stocks rally
With several front line stocks from across various sectors trading firm on sustained buying interest, the market remains firmly entrenched in positive territory this afternoon.A strong close on Wall Street overnight after the Federal Reserve, which hiked interest rate by 25 basis points, said future hikes would be gradual, and the resultanty firm trend in […]
US STOCKS-Wall St to open higher on Fed's 'gradual' rate-hike outlook
* Fed signals two more rate hikes this year * Nasdaq hits record high on Wednesday * February housing starts rise more than expected * Futures up: Dow 59 pts, S&P 2.75 pts, Nasdaq 9.5 pts (Adds details, comments, updates prices) By Yashaswini Swamynathan March 16 (Reuters) – U.S. stocks looked set to open higheron […]
Buzzing stocks
The mood remains fairly bullish in the market, amid expectations that the government will look at speeding up reforms, given the fact that it now commands fairly overwhelming support for some of its recent actions, including the surprise demonetization move. Even as the broad market is trading higher on overall positive mood, a few stocks […]
