US stock markets

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Investors pivot to former favourite China after brief bout with Indian stocks

[ad_1] Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favourite China, as Beijing’s support for its economy spurs a recovery in industrial profit and manufacturing.  The nascent swing highlights how funds are starting to buy into the narrative that China’s policy support will be enough to revive growth. While major Wall Street banks continue…

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Markets

US stocks rise as megacaps, chipmakers jump

[ad_1] US stock indices edged higher on Tuesday as most megacap stocks and chipmakers jumped on optimism over three interest rate cuts this year. At 09:33 a.m. ET, the Dow Jones Industrial Average was up 70.78 points, or 0.18 per cent, at 39,384.42, the S&P 500 was up 15.22 points, or 0.29 per cent, at 5,233.41, and the Nasdaq Composite was up 73.22 points, or 0.45 per cent, at…

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Markets

US stocks mixed ahead of Fed rate decision

[ad_1] US stocks opened mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday. The S&P 500 opened lower by 10.33 points, or 0.20%, at 5,139.09, while the Nasdaq Composite dropped 71.52 points, or 0.44%, to 16,031.93 at the opening bell. The Dow Jones Industrial Average rose 29.18 points, or 0.08%, at the open to 38,819.61.  Milestone Alert! Livemint tops charts as the fastest growing…

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Markets

US stocks rally, megacaps lift Nasdaq higher

[ad_1] US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average was up 150.05 points, or 0.39 per cent, at 38,864.82, the S&P 500…

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