Key Points
Asian markets traded higher on Wednesday following overnight rally in US stocks amid better than expected quarterly results from Wall Street...
In the US, strong results from banks helped Dow Jones register its seventh-straight session of gains, its longest streak since March 2021..
The index closed at its highest level since April..
Meanwhile, Gift Nifty was trading marginally higher at 19,808 as against Niftys previous close of 19,749.25, indicating a positive start for the Indian benchmark index.. US stocks ended higher led by gains in technology and banking shares..
The Dow Jones Industrial Average rallied 366.38 points, or 1.06%, to 34,951.30, while the S&P 500 gained 32.37 points, or 0.72%, to end at 4,555.16 points..
You might be interested in
Global markets update: US stocks edge higher after producer inflation data
14, Jul, 23S&P 500 gains 0.84%, Nasdaq Composite rises 1.58%, Dow Jones Industrial Average adds 0.13%
Global markets: US stocks up after Fed signals end of rate hikes
14, Dec, 23Dow Jones Industrial Average rises 0.07%, S&P 500 up 0.30%, Nasdaq Composite gains 0.44%
Global markets: US, European stocks rise; investors eye jobs data
06, Apr, 23The S&P 500 edged higher 0.39% at 4,106.27. The Dow Jones Industrial Average added 0.06% at 33,503.26. The Nasdaq Composite gained 0.83% at 12,095.90.
Global markets update: US stocks gain after slowdown in inflation, Nasdaq rallies 1.16%
13, Jul, 23S&P 500 gains 0.75%, Nasdaq Composite climbs 1.16%, Dow Jones Industrial Average rises 0.27%
Samvat 2080 kickstarts on a high note for Dalal Street! Five factors that drove markets higher
12, Nov, 23The 50-stock Nifty settled above the 19500-mark at 19525.55 points, up 100.20 points or 0.5% from the previous session. The 30-stock Sensex gained about 355 points or 0.5% to settle at 65259.45 points. While all the sectoral indices ended in the green on the BSE, those topping the list were smallcaps and indices representing PSU companies.
Indian shares close at four-week low amid global risk-off sentiment
28, Sep, 23Indian shares closed at nearly a four-week low on Thursday, pressured by losses in information technology and consumer stocks as the global markets extended weakness on worries over higher interest rates and crude prices.
Global markets update: US stocks close mixed, European shares rise
29, Jun, 23S&P 500 loses 0.02%, Dow Jones Industrial Average falls 0.19%, Nasdaq Composite rises 0.27%
Global markets update: US stocks fall after slow growth in services sector
05, Jun, 23S&P 500 falls 0.2%, Dow Jones Industrial Average loses 0.6%, Nasdaq composite declines 0.1%
How the Fintech Rally Could Fizzle in 2024
18, Dec, 23Falling interest rates might be a surprising challenge for a lot of financial-technology stocks.
Global markets update: US stocks up marginally as investors await inflation data
11, Jul, 23S&P 500 gains 0.09%, Dow Jones Industrial Average rises 0.5%, Nasdaq Composite adds 0.03%