The Nasdaq 100 tumbled 7.5% this week as what started as an aggressive selloff in speculative corners spread to the rest of the market.
More than $1.7 trillion in value has been erased from the Nasdaq 100 in January, with the tech-heavy gauge entering a correction this week after falling more than 10% from a recent peak
Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street.
Investors' wealth on Tuesday tumbled by more than Rs 3.78 lakh crore as equities faced heavy selling pressure following weak global trends.
Brent crude was down 4 cents, or 0.1%, to $86.02 a barrel by 0953 GMT. Earlier in the session, the contract touched its highest since Oct. 3, 2018 at $86.71
A holiday in the United States made for thin trading, but that did not stop Treasury futures from sliding further and Brent crude hitting a three-year top of $86.71 a barrel
The tech-heavy Nasdaq Composite Index closed up 1.4% on Tuesday, a day after falling more than 10% from its Nov. 19 record close during intraday trading before rallying at the end of the session
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
Major share markets were muted on Monday as investors count down to another US inflation reading that could well set the seal on an early rate hike from the Federal Reserve
The US bond market has given up all gains it made from the ultra-low interest rate policy initiated by the Fed after the Covid-19 pandemic break-out in early March 2020
Global shares were mostly higher Tuesday despite worries about rising numbers of coronavirus cases. France's CAC 40 added 0.7 per cent in early trading to 7,266.59, while Germany's DAX edged up 0.3 per cent to 16,064.91. Britain's FTSE 100 gained 1.2 per cent to 7,475.46. The future contract for the Dow industrials was 0.2 per cent higher and the contract for the S&P 500 also gained 0.2 per cent. Japan's benchmark Nikkei 225 jumped 1.8 per cent to 29,301.79 in Tokyo's first trading day of 2022. Shares also rose in Australia, South Korea and Hong Kong, but edged lower in Shanghai. Toyota Motor Corp. gained 6.1 per cent, while Sony Corp. added 3.4 per cent. Finance Minister Shunichi Suzuki and other dignitaries rang a bell at the Tokyo Stock Exchange to herald the opening of trading. At the smaller exchange in Osaka, in western Japan, women carried on the tradition of attending the year's opening ceremony in colorful kimono. Troubled Chinese developer Evergrande announced it had .
While the price of most newly issued stocks has risen since their IPOs, the benchmark gauge of developing-economy stocks just wrapped up its worst year since 2018
In what turned out to be a historic year, the Indian stock indices went past multiple milestones and the 30-share Sensex made an annual gain of 10,502.49 points or 21.99 per cent in 2021
The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage points last year
From the pandemic shocks to state polls to global trends, a raft of sentiment drivers are expected to steer the Indian stock market in 2022 after a historic year of massive investor returns
Recovery in key global markets and robust demand help trend, says commerce ministry data.
British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table report
The STOXX index of Europe's 600 largest shares rose 0.3%, following earlier gains in Asia. Japan's Nikkei gained 0.57% and MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8%
Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive
The dollar edged down again in early Asia, starting a third successive session under pressure as investors favoured riskier currencies and asset classes