Sensex, Nifty Follow Global Peers Lower

RTTNews | 699 dni temu
Sensex, Nifty Follow Global Peers Lower

(RTTNews) - Indian shares ended slightly lower on Friday as risk-off sentiment prevailed in global financial markets amid fears of U.S. interest rates remaining higher for longer and concerns about spreading debt defaults in China's property market.

China's property developer Evergrande filed for bankruptcy protection in a U.S. court, raising concerns about ripple effects.

A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has raised worries of a contagion risk to the financial sector.

The benchmark S&P BSE Sensex ended the session down 202.36 points, or 0.31 percent, at 64.948.66 while the broader NSE Nifty index settled 55.10 points, or 0.28 percent, lower at 19,310.15.

Infosys, Hindalco, TCS, Tech Mahindra and Hero MotoCorp all fell around 2 percent while Adani Enterprises jumped 3.7 percent and Adani Ports added 3 percent after reports that Abu Dhabi National Energy Co. PJSC (TAQA) is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity.

read more
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Thursday, in line with markets across Europe, amid hopes the European Union and the U.S. will agree on a trade deal before the deadline. Positive reacting to some earnings updates also contributed to market's higher close.
RTTNews | 2g 13 minut temu
U.S. Business Inventories Remain Unchanged For Second Straight Month

U.S. Business Inventories Remain Unchanged For Second Straight Month

Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.
RTTNews | 5g 22 minut temu
U.S. Homebuilder Confidence Modestly Improves In July

U.S. Homebuilder Confidence Modestly Improves In July

A report released by the National Association of Home Builders on Thursday showed a modest improvement in homebuilder confidence in the U.S. in the month of July. The report said the NAHB/ Wells Fargo Housing Market Index inched up to 33 in July after slipping to 32 in June. The uptick matched economist estimates.
RTTNews | 5g 35 minut temu
Philly Fed Index Surges To Five-Month High In July

Philly Fed Index Surges To Five-Month High In July

The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July. The Philly Fed said its diffusion index for current general activity surged to a positive 15.9 in July from a negative 4.0 in June, with a positive reading indicating growth.
RTTNews | 5g 58 minut temu
U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices crept up by 0.1 percent in June after falling by a revised 0.4 percent in May.
RTTNews | 6g 15 minut temu
U.S. Retail Sales Rebound Much More Than Expected In June

U.S. Retail Sales Rebound Much More Than Expected In June

Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales climbed by 0.6 percent in June after slumping by 0.9 percent in May. Economists had expected retail sales to inch up by 0.1 percent.
RTTNews | 6g 25 minut temu
U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000. Economists had expected jobless claims to rise to 235,000.
RTTNews | 6g 31 minut temu