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Indian markets saw a strong rebound after six weeks of decline, boosted by positive global sentiment. Hopes for a US-Iran ceasefire initially supported the rally. However, the collapse of peace talks and rising tensions led to market volatility. The Gift Nifty signals a positive start for Monday’s trading session. Oil prices declined amid expectations of...
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US stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran talks. Softer US producer inflation and a solid earnings season boosted risk appetite. Tech, software and semiconductor stocks led gains, with indices nearing record highs.
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Indian markets ended lower as stalled US-Iran talks triggered broad selling across sectors. Nifty and Sensex declined sharply, though technical indicators suggest near-term uptrend remains intact, with key support at 23,500 and resistance near 24,100 amid cautious investor sentiment.
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U.S. Treasury ​Secretary Scott Bessent ​on Tuesday said he ​was quite confident that core inflation would continue to go down in the ‌United ⁠States ⁠despite the Iran war, and repeated ​his call for the Federal Reserve to cut ​its interest rates.
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Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracle’s cloud expansion strategy.
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BlackRock shares gained after stronger-than-expected Q1 earnings driven by robust ETF inflows, higher performance fees, and steady AUM growth. The firm reported $130 billion in net inflows and rising profitability despite weak broader market conditions and private market volatility concerns.
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Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazon’s deeper push into space-based connectivity infrastructure.
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U.S. wholesale prices surged last month as the Iran war drove up the cost of energy.
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A potential deal between ​United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from regulators, labor unions and consumer advocates, all wary of higher fares and reduced competition.
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The US administration wants Kevin Warsh in place as a new central bank chair “as soon as possible,” with the existing chief’s term coming soon to an end, Treasury Secretary Scott Bessent said Tuesday.
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