US News

Any good investor will tell you that it pays not to have all your eggs in one basket. The power of diversification is all the more potent in stock market. I like to diversify my holdings among different sectors. Basic Material companies form the core of an economy and generally are considered to be a […]

Now that the suspense is over and the President Obama has won a new term, the markets do not seem to share the enthusiasm. Quite contrary to expectations, markets have plunged considerably and dollar also looks weak against major currencies.  The market is now concerned with European woes and ‘Fiscal Cliff’. However, there are stocks […]

Markets do not seem to be in the mood to snap out from its previous week’s trend. While NASDAQ is marginally up, S&P and Dow are firmly in the red zone. Service sector report has also put a dampener on the market as its showed lethargic growth in October. On the up side, service sector […]

Market is trading down on the last day of 3-day trading week. Main indices including Dow, S&P and NASDAQ are in the red region. While the job data is largely positive but it comes with some caveats and thus failed to cheer up the market. Companies are still busy announcing their quarterly results and the […]

Stock markets are trading up and the latest labor market data provided it the required fillip. All the major indices including NASDAQ, S&P and Dow are trading more than a percent up each.

Markets are back on after two days of unplanned hiatus. While super storm Sandy is still wreaking havoc, the markets are trying to shrug it off and reengage in stock trading. Many major companies announced their quarterly numbers; however, market inaction during the last two days put the dampener on trading activities. Currently, markets seem […]

The New York Stock Exchange is still closed for the second consecutive day as parts of Manhattan, United States’ financial centre, is flooded with seawater, filling subways and tunnels, and portions of the city lost power brought about by Sandy, which has lost its hurricane status after approaching the coast. In a statement today, NYSE […]

In one of the rarest occasions, the New York Stock Exchange and Nasdaq are to halt trading today, for the first time in 27 years in the case of NYSE, as Manhattan, the US’ financial centre, and the rest of the State of New York prepare for the impact of Hurricane Sandy. NYSE Euronext, operator […]

Earnings season is in full swing and the market mood is being determined by the quality of earnings announced by the companies. All the major indices today are trading in red zone and the trend is being followed by the main segments.A number of important companies have issued their earnings after the market closure yesterday. […]

Major markets are in the green today and seem to recoup some of the losses they underwent in the past few days. Most of the sectors are also doing fine with Technology and Financials trading in the green territory.