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The US stock market finished session lower on Wednesday, 16 November 2022, as investors weighed Targets weaker than expected third-quarter earnings results against solid retail sales data. The strong retail sales growth in October reinforces expectations that the Federal Reserve will hike interest rates once again in December by at least 50 basis points. At the close of trade, the Dow Jones Industrial Average index […]

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Gold is seen under pressure in early Asia on Thursday tracking strength in the US dollar supported by stronger-than-expected U.S. retail sales data. US Retail Sales growth rose by 1.3% on month in October versus 1.0% expected and 0.0% prior. Firm dollar following benchmark US 10-year Treasury yields that rose 1.2 basis points (bps) to 3.70% was seen weighing down the yellow metal. The dollar […]

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Here are the top 10 stocks that may show price movement today

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Wipro: Wipro announced that it has reached an agreement with employee representatives on setting up a European Works Council (EWC). Hindustan Zinc: The board of directors of the company approved second interim dividend of Rs 15.50 per equity share for the financial year 2022-23 amounting to Rs. 6549.24 crore. The record date for the purpose of payment of second interim dividend is 24 November 2022. […]

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The MoU facilitates technical cooperation and exchange of information.

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Reflecting a continued slump in utilities output, the Federal Reserve released a report on Wednesday unexpectedly showing a modest decrease in U.S. industrial production in the month of October. The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September. The unexpected decrease in production came as utilities output tumbled by 1.5 percent in October after […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 71 points at the opening bell. Global markets: Overseas, most Asian stocks are trading lower as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data. US stocks fell on Wednesday after stronger-than-expected U.S. retail sales clouded the inflation outlook and […]

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