Nike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.Read More
Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday, as traders wait to see whether stocks can extend record gains in a seasonally strong stretch for markets.Read More
The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that the labor market is weakening.Read More
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) has received approval from the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust (InvIT), an official statement said on Wednesday.Read More
Copper advanced for a sixth straight session to an all-time high close of $12,300 on Wednesday as robust U.S. economic growth boosted demand prospects and a weaker dollar supported prices.Read More
U.S. investors may soon have access to a greater array of products tied to asset classes like private credit and crypto as the Trump administration and SEC push to open markets, a change that some investment advisors say puts too much onus on individuals to protect themselves.Read More
Seven large-cap stocks, including Vedanta, Shriram Finance, Hindustan Zinc and Hindalco, hit fresh 52-week highs on Wednesday despite a weak broader market.Read More
Housing sales are estimated to decline 16 per cent in the October-December period to 98,019 units across the top 9 cities on lower demand as well as a fall in new supply of residential properties, according to PropEquity.Read More
Realty firm J Estates has bought three land parcels in Gurugram to develop more than 450 homes for the elderly and is expecting a total revenue of around Rs 2,100 crore from these three upcoming projects.Read More
The latest intervention from the central bank through liquidity injection will ensure a sustained rise in government bond prices, as well as ensure banking system liquidity stays at an optimal level till the end of this financial year, traders said.Read More
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