Sensex, Nifty Likely To Open Higher Amid Cheer On Fiscal Deficit

RTTNews | 972 hari yang lalu

(RTTNews) - Indian shares look set to open notably higher on Friday, reflecting firm global cues and a drop in domestic bond yields after the government lowered its fiscal deficit target despite increased spending on infrastructure.

Benchmark indexes Sensex and Nifty ended a choppy session slightly lower on Thursday while the rupee gained 8 paise to close at 82.96 against the dollar.

Asian markets traded higher this morning and U.S. stock futures surged after a set of bumper results from tech giants Amazon, Apple and Meta Platforms.

The dollar fell broadly against its major rivals while oil headed for the biggest weekly loss since early November after reports that Hamas and Israel have come to an agreement on a ceasefire, a crucial step toward ending the conflict.

U.S. stocks rebounded overnight after logging their biggest daily drop of 2024 the previous day on hawkish Fed policy statement.

The Dow rose 1 percent, while the tech-heavy Nasdaq Composite and the S&P 500 both surged around 1.3 percent as Treasury yields slipped on weaker labor market data.

U.S. jobless claims rose last week, and fourth quarter unit labor costs undershoot forecasts while business activity in the manufacturing sector continued to contract in January, separate reports showed.

European stocks closed lower for the first time in six days on Thursday despite encouraging Eurozone inflation data and signals from the Bank of England that it will likely lower borrowing costs this year for the first time since 2020.

The pan European STOXX 600 dropped 0.4 percent. The German DAX eased 0.3 percent, France's CAC 40 shed 0.9 percent and the U.K.'s FTSE 100 slipped 0.1 percent.

baca selengkapnya

TSX Remains In Negative Territory; Tech, Energy Stocks Climb Higher

Canadian stocks languish in negative territory on Thursday, tracking a sell-off in global markets due to rising oil prices and elevated bond yields.

RTTNews | 1 jam 32 menit yang lalu

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Thursday, like most of the markets across Europe, as higher bond yields and rising oil prices continued to hurt sentiment, prompting investors to exit counters. Data showing an acceleration in Swiss consumer price inflation in September hurt as well.

RTTNews | 2 jam 6 menit yang lalu

European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European equities declined sharply Thursday amid rising oil prices and bond yields. The FTSE 100 fell 1.68%, DAX dropped over 1%, and CAC 40 lost 1.6%. Brent crude climbed to $101.50, up 3.5%. Regional inflation concerns raised monetary tightening prospects.

RTTNews | 2 jam 32 menit yang lalu

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

RTTNews | 5 jam 8 menit yang lalu

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

RTTNews | 5 jam 14 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

RTTNews | 6 jam 46 menit yang lalu

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.

RTTNews | 6 jam 49 menit yang lalu

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.

RTTNews | 6 jam 59 menit yang lalu

EURUSD	1.12431	GBPUSD	1.31986
USDJPY	158.113	USDCAD	1.42255