Topic
us stocks
Finance US Stock Markets Rally as Chip Stock Gains Lift Nasdaq, S&P 500 and Dow
US stock markets rallied yesterday, with chip stocks driving the Nasdaq Composite up 2.8% to end a six-day losing streak. Meanwhile, the US Bureau of Economic Analysis reported second-quarter GDP growth slowed to 1.5% from 2.1%, and June PCE price inflation cooled to 3.7% annually.
Finance Wall Street Rebounds on Tech Rally as Microsoft Surges 15% on Strong Earnings, Nasdaq Climbs 1.8%
US stocks rebounded on Thursday, with the Nasdaq Composite climbing 1.8% as Microsoft surged 15.2% on strong quarterly earnings. The S&P 500 rose 0.9%, recovering half of Wednesday's decline, while the Dow gained 250 points. Meta Platforms fell 8.9% on disappointing earnings. Treasury yields eased slightly after Fed Chair Kevin Warsh offered little clarity on rate policy. Economic data showed slower growth and persistent inflation.
Business AI Stocks Sink Again, Pulling Wall Street Towards Weekly Loss as S&P 500 Falls 0.6%
Wall Street fell on Friday as another sharp selloff in AI-linked stocks pushed the S&P 500 towards its second weekly decline in 13 weeks. The S&P 500 dropped 0.6%, the Nasdaq Composite fell 1%, and the Dow lost 223 points. Losses were led by Micron Technology (-5.5%), while Asian markets also tumbled, with Japan's Nikkei down 4.2% and South Korea's KOSPI off 5.8%.
Business Wall Street edges higher on quarter-end optimism as Nvidia rebounds; June still set to end lower
US stocks edged higher on the final trading session of June, led by a rebound in AI stocks like Nvidia. However, the S&P 500 and Nasdaq are set for their first monthly declines after two strong months, despite strong quarterly performance. Investors await key employment data amid expectations of further rate hikes.
Finance Indian Brokers Plan GIFT City Route for US Stocks: How Groww, Zerodha, Angel One, Upstox, Dhan Will Ease Overseas Investing
India's largest discount brokerages – Groww, Zerodha, Angel One, Upstox, and Dhan – are setting up operations in GIFT City to offer overseas investing, making it easier for Indian investors to buy global stocks like Apple, Nvidia, and Tesla. The move widens access to international markets, with fractional investing allowing entry from as little as $1. Brokerage fees are around 25 bps, and forex conversion charges range from 1% to 1.5% per transaction. Investments under the RBI's Liberalised Remittance Scheme attract 20% TCS, but trades on GIFT City exchanges are exempt from Securities Transaction Tax.
Finance Wall Street Outlook: Jobs Data, Fed Rate Bets to Test US Stock Rally After Strong First Half
The S&P 500 is on track for a 7% first-half gain, but June volatility and a pivotal jobs report could test the rally. Fed rate hike odds rise with inflation above 4%, while AI and semiconductor stocks remain volatile. Markets also monitor Middle East ceasefire impact on oil prices.
Finance US Stocks Slide as IT Sell-Off Deepens; Nasdaq Falls Over 1.4%, Dow Jones Loses 197 Points
US stocks fell sharply on Tuesday, with the Nasdaq Composite dropping over 1.4% and the Dow Jones Industrial Average losing 197 points, as a broad sell-off in technology shares deepened. Concerns over heavy AI spending and rising interest rate expectations weighed on equities, with traders pricing in nearly a 90% chance of a rate hike by year-end. Global markets also declined, led by a 10% plunge in South Korea's Kospi.
Finance Indian Trading Apps Groww, Zerodha, Angel One, Upstox Get GIFT City Licences for US Stock Investing
Leading Indian brokerages, including Groww, Zerodha, Angel One and Upstox, have obtained licences from the IFSCA to offer US stock investments via GIFT City. The approvals, granted in June 2026, align with a surge in overseas equity outflows, which reached $440 million in March 2026, a 43% year-on-year increase, according to RBI data.
Business US stocks: Dow hits record high as oil prices ease, SpaceX rally continues
US stocks traded near records on June 16, 2026, with the Dow Jones hitting an intraday all-time high as falling oil prices and a US-Iran peace deal boosted sentiment. SpaceX continued its post-IPO rally, becoming the fifth-most valuable US company, and announced a $60 billion acquisition of software firm Anysphere. Financial and chip stocks gained, while markets await the Federal Reserve's rate decision.
Business Wall Street rebounds as AI stocks recover; SpaceX debut and Iran tensions in foc
US stocks rebounded over two sessions, with AI-linked stocks recovering from recent volatility. Oracle tumbled 10% after announcing a $40 billion debt-and-equity plan for AI investments, while chipmakers Intel and Applied Materials surged. Oil prices fell sharply after President Trump withdrew a strike threat against Iran, boosting sentiment. The much-anticipated SpaceX IPO began trading on the Nasdaq, commanding a $1.77 trillion market value. The ECB raised rates by 25 basis points, and markets await the Fed decision next week.
Business Wall Street Mixed as Tech Stocks Slide Amid Iran Tensions
US stock markets experienced mixed trading as technology stocks continued to decline and geopolitical tensions with Iran weighed on investor sentiment. The S&P 500 remained nearly flat, while the Dow Jones fell 0.5%.
Business Wall Street Opens Mixed Amid AI Stock Decline, Oil Price Drop
The US stock market opened mixed as declines in AI stocks offset broader gains, while easing oil prices supported investor sentiment. The S&P 500 saw a slight increase, while the Nasdaq fell due to technology stock losses.