Sensex, Nifty Likely To Open On Cautious Note As Oil Resumes Upward Climb

RTTNews | 64 hari yang lalu

(RTTNews) - Indian shares look set to open lower on Wednesday after oil prices jumped more than 4 percent on Tuesday to hit a near five-month high amid concerns that an escalation of tensions in the Middle East will trigger more direct American involvement.

U.S. President Donald Trump met with his national security team to discuss the escalating Middle East conflict, fueling fresh speculation that the U.S. is on the verge of joining Israel's attack on Iran.

In a series of threatening posts on Truth Social, Trump said that Iran's Supreme Leader Ali Khamenei is an easy target but "for now" he would not act to eliminate him.

Subsequently, he posted, in all capital letters: "UNCONDITIONAL SURRENDER!".

Ayatollah Ali Khamenei, in a message on X, wrote that the battle has begun. "In the name of Nami, the battle begins. Ali returns to Khaybar with his Zulfiqar," a translation of his post suggested.

Benchmark indexes Sensex and Nifty ended modestly lower on Tuesday due to rising oil prices and escalating tensions in West Asia.

The rupee fell by 19 paise to close at 86.23 against the dollar, hitting a two-month low.

Asian markets were mixed this morning, gold traded weak below $3,400 per ounce and the dollar held firm ahead of the Federal Reserve's interest-rate decision.

Overnight, U.S. stocks fell notably as the Israel-Iran conflict raged for a fifth day and weak retail sales, housing and industrial output data lifted bonds ahead of the Federal Reserve decision.

President Trump claimed that the U.S. has "complete and total control of the skies over Iran", adding that Iran's defense systems, including advanced tracking equipment, are no match for American-made military technology.

The tech-heavy Nasdaq Composite declined 0.9 percent, the S&P 500 fell 0.8 percent and the Dow gave up 0.7 percent.

European stocks closed firmly in the red on Tuesday following Trump's call to evacuate Tehran.

The pan-European STOXX 600 closed 0.9 percent lower. The German DAX lost 1.1 percent, France's CAC 40 shed 0.8 percent and the U.K.'s FTSE 100 dropped half a percent.

TSX Hovers Near Record High; Materials, Energy Stocks Shine Again

Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.

RTTNews | 3j 27min yang lalu

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.

RTTNews | 3j 49min yang lalu

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.

RTTNews | 4j 5min yang lalu

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.

RTTNews | 4j 53min yang lalu

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.

RTTNews | 6j 48min yang lalu

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.

RTTNews | 6j 58min yang lalu

Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View

Shares of Walmart Inc. were losing around 5 percent in the morning trading after the retail behemoth reported second-quarter earnings below market estimates, despite a significant year-over-year growth. Meanwhile, net sales were higher and beat the Street estimates.

RTTNews | 7j 12min yang lalu

Philly Fed Index Unexpectedly Returns To Negative Territory In August

Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.

RTTNews | 7j 22min yang lalu

EURUSD	1.16086	GBPUSD	1.34106	AUDUSD	0.64185
USDJPY	148.318	USDCAD	1.39082	USDCHF	0.80745