Dow Slips, Home Depot to Keep Prices on Hold
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Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
The BSE Sensex climbed 764.61 pts or 0.94 per cent to 81,951.05. Two index constituents ITC and IndusInd Bank will be reporting March quarter results today. Nifty quoted at 24,924.50, up 240.60 pts or 0.
A bear market happens when a major stock index drops 20% or more from recent highs for at least two months. But smart strategies like maintaining emergency funds, diversifying assets and continuing regular investments can help you navigate it.
Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 went above 24,700, BSE Sensex was up over 200 points.
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Nifty futures on the NSE International Exchange traded 23.90 points, or 0.10 per cent, lower at 24,798.50, hinting at a muted start for the domestic market on Wednesday.
And that's why I predict that Apple will be the biggest winner of the U.S.-China tariff agreement -- from an earnings and a share performance perspective.
A batch of U.S. retail earnings reports in the coming week is set to shed more light on the economic fallout from the shifting tariff backdrop and test the stock market's sharp rebound.
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The Sensex opened at 82,116.17, slightly higher than its previous close of 82,059.42, but tumbled as much as 906 points (1.10%) during the session to hit an intraday low of 81,153.70. Meanwhile, the Nifty 50 began at 24,996.20, up from its prior close of 24,945.45, before sliding 1.10% to an intraday low of 24,669.70.
US Stock market today saw Dow, S&P 500, and Nasdaq futures dip as investors awaited key retail sales and inflation data. With Walmart’s earnings and Fed Chair Jerome Powell’s speech on deck, traders are cautious amid fading trade deal optimism.