Sensex, Nifty Seen Tad Lower At Open

RTTNews | 582 gün önce
Sensex, Nifty Seen Tad Lower At Open

(RTTNews) - Indian shares look set to open a tad lower on Monday as countries around the world celebrate the start of 2024. Trading volumes are likely to remain thin due to holidays in the U.S., most of Europe and Asia.

FII flows, crude oil price movements, the latest readings on manufacturing and service sector readings and monthly auto sales figures may sway markets as the week progresses.

U.S. stocks ended lower on the final trading day of the year Friday after seeing significant gains in the closing months of the year on dovish Fed bets.

The Dow slipped marginally, the tech-heavy Nasdaq Composite shed 0.6 percent and the S&P 500 dipped 0.3 percent as data showed business activity slumped in the Chicago area in December.

The Nasdaq skyrocketed by 43.4 percent for the year, the S&P 500 soared by 24.2 percent and the Dow surged by 13.7 percent.

European stocks ended slightly higher on Friday to post their best annual gain since 2021.

The pan-European STOXX 600 inched up 0.2 percent. The German DAX rose 0.3 percent while France's CAC 40 and the U.K.s FTSE 100 both inched up around 0.1 percent.

read more
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | 37 dakika önce
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | 1s 23 dakika önce
Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
RTTNews | 2s 30 dakika önce
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
RTTNews | 2s 41 dakika önce
FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews | 3s 10 dakika önce
Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews | 3s 21 dakika önce
CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.
RTTNews | 3s 41 dakika önce