Indian stock market: 8 things that changed for market overnight – Gift Nifty, Nvidia shares to US consumer confidence

Indian stock market: 8 things that changed for market overnight - Gift Nifty, Nvidia shares to US consumer confidence

Asian markets traded mostly lower while the US stocks ended mixed overnight with a rally in technology stocks. On Tuesday, the Indian stock market indices ended with sharp gains after hitting fresh record highs during the session. The Sensex surged 712.44 points, or 0.92%, to close at 78,053.52, while the Nifty 50 settled 183.45 points, … Read more

After $2 trillion gain, Nvidia is still irresistible to many

After $2 trillion gain, Nvidia is still irresistible to many

And yet many investors are betting the rally in the world’s most valuable chipmaker still has room to run. For more than a year, Nvidia has sailed past earnings and share-price expectations. On Sunday, the company announced plans for new chips to stay ahead of the competition. On Monday, Bank of America analysts lifted their … Read more

US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

The US stock market indices ended higher on Thursday, with the S&P 500 closing at a record high and the Nasdaq composite rallying 1.5%, led by gains in technology and growth stocks on rising optimism about prospects for Federal Reserve rate cuts this year. The Dow Jones Industrial Average gained 130.30 points, or 0.34%, to … Read more