Stock Market Today: NASDAQ Futures Slip
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Stocks were mostly lower, with the 30-year bond yield up, after conflicting reports about whether President Trump is looking to fire Federal Reserve Chair Jerome Powell soon.
The Nifty 50 index walks into today's weekly options expiry session on the back of a better-than-feared midweek trading day. Although the index remained choppy, the outcome was better than what futures were projecting at the start of the session.
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.
Key global macro releases due on Thursday include EUR CPI, UK unemployment, and US retail sales and jobless claims and will be watched by investors. Q1 results due tomorrow include Axis Bank, Wipro, Jio Financial, LTI Mindtree, HDFC AMC, and Indian Hotels, among others.
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Despite the current market optimism, relying on economic headlines for investment decisions can prove harmful in the long run. You need to do your homework.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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24/7 Wall St. on MSNStock Market Live July 16: Surprisingly Mild Inflation Report Drives S&P 500 (VOO) HigherLive Updates Live Coverage Updates appear automatically as they are published. Oil Cools Off 9:38 am Citigroup downgraded a pair of oil refinery stocks this morning, cutting both Valero (NYSE: VLO) and Phillips 66 (NYSE: PSX) to neutral.
The country's largest banks reported earnings that exceeded Wall Street's estimates. Core inflation is calmer than expected.
Around 71% of middle-income Americans are invested in stocks, and they've watched their fortunes rise and fall repeatedly since tariffs were announced.
Gift Nifty was trading around 25,265 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating a flat-to-positive start for the Indian stock market indices.