Jaipur: Rajasthan Police’s cyber crime unit Thursday busted an interstate cyber fraud racket that allegedly cheated investors of more than ₹50 crore through fake online trading and IPO investment platforms. Two Delhi-based company directors were arrested for allegedly routing the proceeds through shell company bank accounts, police said. Nikhil Luthra ADG (Cyber Crime) V K…
Wall Street traded mixed on Thursday after a weaker-than-expected US jobs report strengthened expectations that the Federal Reserve could hold off on raising interest rates at its upcoming meeting.Around 8:15 PM IST, the Dow Jones Industrial Average gained 392.58 points, or 0.75%, to trade at 52,697.82. The S&P 500 also edged higher, rising 18.27 points,…
Wall Street began the day on a weak note on Tuesday with benchmark indices plunging in red. The stocks came under heavy pressure as the broad sell-off in technology shares deepened, with the Nasdaq Composite falling more than 2% in early trading and futures signalling further declines ahead of the opening bell.Around 7:30 pm IST,…
The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…
US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment. US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment following the US-Iran agreement to end hostilities and reopen…
US stocks advanced on Friday as falling oil prices lifted sentiment and investors awaited the highly anticipated market debut of SpaceX, a listing that could provide a fresh test of appetite for artificial intelligence-related stocks.The S&P 500 rose 0.6%, while the Dow Jones Industrial Average gained 480 points, or 1%, as of 11:11 am Eastern…
US stock markets traded higher on Thursday, with technology and artificial intelligence (AI)-linked stocks rebounding after a volatile week, while investors continued to monitor rising geopolitical tensions in the Middle East, inflation concerns and global interest rate expectations.The benchmark S&P 500 rose 0.5% in morning trade, recovering some of the losses recorded over the previous…
Bank of America (BofA) has warned investors that the US stock market is showing several signs that have appeared before previous bear markets. BofA strategists led by Savita Subramanian said to Bloomberg News, there are “too many red flags” in the market right now and advised investors to consider taking profits. The warning comes even…
The US stock market began trading on a mixed note on Thursday, as a pullback in several artificial-intelligence-linked stocks offset broader gains across the market, while easing oil prices provided support to investor sentiment.The S&P 500 gained 0.02% to 7,555.08 after retreating from its record high a day earlier, while the Nasdaq Composite fell 0.58%…
US stocks traded near record levels on Monday despite a fresh rise in oil prices following renewed tensions around the fragile US-Iran ceasefire, as gains in technology heavyweights led by Nvidia helped keep investor sentiment resilient.The S&P 500 was little changed from the all-time high it set on Friday. The Dow Jones Industrial Average slipped…
