Sensex, Nifty Give Up Gains To End Marginally Lower

RTTNews | 908 hari yang lalu
Sensex, Nifty Give Up Gains To End Marginally Lower

(RTTNews) - Indian shares gave up early gains to end marginally lower on Tuesday as geopolitical tensions persisted and two more Federal Reserve officials have warned that it's premature to consider cutting interest rates.

Geopolitical tensions were back in focus after Hamas rejected Israel's latest ceasefire proposal made at talks in Cairo and Benjamin Netanyahu said Israel had set a date for a ground offensive in Rafah - which he has long been warned against.

Doubts crept in about a possible Fed rate cut this year, following hawkish commentary from Chicago Fed President Austan Goolsbee and his Minneapolis counterpart Neel Kashkari.

However, former Federal Reserve Bank of St. Louis President James Bullard said in an interview with Bloomberg TV that he's expecting three interest-rate cuts this year and that's the base case.

U.S. inflation data and the release of Fed meeting minutes this week are expected to provide additional clues on the Fed's rate trajectory.

Investors also looked ahead to domestic and U.S. bank earnings for directional cues. The benchmark S&P BSE Sensex gave up early gains to end the session down 58.80 points, or 0.08 percent, at 74,683.70.

The broader NSE Nifty index finished down 23.55 points, or 0.1 percent, at 22,642.75, after having closed at a record high on Monday.

Asian Paints, Reliance Industries, Coal India, Hero MotoCorp and Titan Company dropped 1-2 percent while ICICI Bank, Hindalco and Apollo Hospitals Enterprise rallied 2-3 percent.

baca selengkapnya
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

Save for a few minutes at the start, the Switzerland market's benchmark index SMI stayed positive on Friday as lower oil prices and bond yields helped underpin sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.
RTTNews | 2 hari yang lalu
Canadian Market Remains Firmly Up In Positive Territory

Canadian Market Remains Firmly Up In Positive Territory

The Canadian market is up firmly in positive territory around noon on Friday thanks to weak oil prices and lower bond yields aiding sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.
RTTNews | 2 hari yang lalu
U.S. Factory Orders Inch Up In Line With Estimates In August

U.S. Factory Orders Inch Up In Line With Estimates In August

A report released by the Commerce Department on Friday showed a slight uptick in new orders for U.S. manufactured goods in the month of August. The Commerce Department said factory orders crept up by 0.1 percent in August after climbing by a downwardly revised 0.8 percent in July.
RTTNews | 2 hari yang lalu
U.S. Employment Rises By 29,000 Jobs In September, Much Less Than Expected

U.S. Employment Rises By 29,000 Jobs In September, Much Less Than Expected

The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by much less than expected in the month of September. The report said non-farm payroll employment rose by 29,000 jobs in September after jumping by a downwardly revised 133,000 jobs in August. Economists had expected employment to increase by 85,000 jobs.
RTTNews | 2 hari yang lalu
Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Friday.
RTTNews | 2 hari yang lalu
Walmart Recalls Over 4.4 Mln Grill Brushes For Ingestion Risk

Walmart Recalls Over 4.4 Mln Grill Brushes For Ingestion Risk

Retail giant Walmart Inc. is recalling around 4.478 million units of metal wire bristle grill brushes, citing risk of ingestion and internal injuries, according to the U.S. Consumer Product safety Commission or CPSC. The recall involves certain Walmart Expert Grill brushes with black plastic or stainless-steel handles. Some brushes come with metal scraper attached.
RTTNews | 2 hari yang lalu
Bay Street Headed For Positive Start

Bay Street Headed For Positive Start

Canadian stocks look headed for a positive start on Friday with concerns about inflation and interest rates easing a bit following a sharp drop in oil prices. Bond yields have dropped as well. U.S. non-farm payroll data for the month of September is likely to make an impact on investor sentiment.
RTTNews | 2 hari yang lalu