markets

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    EPIC US MARKETS UPDATE

    The Dow Jones industrial average rose 25.88 points, or 0.16 percent, to end at 16,504.29, a record close. The Standard & Poor’s 500 Index dipped just 0.33 of a point, or 0.02 percent, to finish at 1,841.07. The Nasdaq Composite Index declined 2.40 points, or 0.06 percent, to close at 4,154.20...
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    Epic Asian Markets Update

    Asian stocks kicked off the final trading day of the week mixed despite a record close for the Dow on fears that China may see a repeat of June’s cash crunch. China’s Shanghai Composite was flat at 2,128.06. Hong Kong’s Hang Seng shed 0.22 percent or 51.34 points at 22,837.41. Japan’s Nikkei...
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    Epic US Markets Update

    The Nasdaq declined slightly on weakness in tech shares, though its loss was limited by a rally in Oracle Corp shares a day after the company’s results. The Dow Jones industrial average rose 11.11 points, or 0.07 percent, to finish at 16,179.08, a record closing high. The Standard & Poor’s 500...
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    Epic Asian Markets Update

    Asian equity markets on Monday as investors adopt a wait-and-see approach before the Federal Reserve’s policy decision this week. China’s Shanghai Composite shed 0.34 percent or 7.41 points at 2,188.66. Hong Kong’s Hang Seng declined 0.43 percent or 99.64 points at 23,146.32. Japan’s Nikkei...
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    Epic US Markets Update

    Wall Street ends flat on Friday. Stocks ended Friday’s session little changed after a three-day drop. The Dow Jones industrial average rose 15.93 points or 0.1 percent, to end at 15,755.36. The S&P 500 dipped a mere 0.18 of a point or 0.01 percent, to finish at 1,775.32. The Nasdaq Composite...
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    Epic US Markets Update

    The S&P 500, with traders looking ahead to next week’s Federal Reserve meeting in the absence of market-moving economic data. The Dow Jones industrial average fell 52.4 points or 0.33 percent, to 15,973.13, the S&P 500 lost 5.75 points or 0.32 percent, to 1,802.62 and the Nasdaq Composite...
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    Epic Asian Markets Update

    Asian equity markets kicked off the week mostly higher on Monday on the back of positive economic data from the world’s second largest economy and after strong US jobs data spurred gains on Wall Street at the end of last week. China’s Shanghai Composite was up 0.15 percent or 3.35 points at...
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    Epic US Markets Update

    The S&P 500 scored its best day in nearly a month, with all 10 S&P sector indexes solidly higher in the broad rally. The Dow Jones industrial average jumped 198.69 points, or 1.26 percent, to close at 16,020.20. The Standard & Poor’s 500 Index climbed 20.06 points, or 1.12 percent, to finish at...
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    Epic US Markets Update

    The Dow Jones Industrial Average finished the day down 0.43%, the S&P 500 index also fell 0.43%, while the Nasdaq Composite index fell 0.12% U.S. stocks fell on Thursday after better-than-expected economic growth and weekly jobless claims reports sent investors bracing for a Federal Reserve...
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    Epic Asian Markets Update

    Asian markets were trading mixed on Friday. China’s Shanghai Composite was flat at 2,218.89. Hong Kong’s Hang Seng was up 0.14 percent or 33.81 points at 23,822.90. Japan’s Nikkei was flat at 15,726.83. Singapore’s Straits Times was down 0.33 percent or 10.67 points at 3,175.70. South Korea’s...
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    Epic Asian Markets Update

    Asian shares were mostly higher on Friday, taking their cues from a record finish on Wall Street overnight after US economic data continued to show a gradual improvement. China’s Shanghai Composite was down 0.22 percent or 4.79 points at 2,200.98. Hong Kong’s Hang Seng rose 0.68 percent or...
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    Share TipsEpic US Markets Update

    The Dow industrials closed above 16,000 for the first time on Thursday as stocks rebounded from three days of weakness, after economic data pointed to a slowly improving labor market and subdued inflation. The Dow Jones industrial average shot up 109.17 points, or 0.69 percent, to close at a...
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    Epic Asian Markets Update

    Asian equity markets turned mixed on Monday despite a brighter-than-expected US jobs report as investor attention turned to a key policy meeting in China. China’s Shanghai Composite was down 0.38 percent or 8.09 points at 2,098.03. Japan’s Nikkei gained 1.18 percent or 166.66 points at...
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    Epic Asian Markets Update

    Asian equity markets pared losses Thursday following upbeat manufacturing data from China but concerns over tight liquidity in the mainland continued to weigh on sentiment. China’s Shanghai Composite slipped 0.50 percent or 10.84 points at 2,172.27. Hong Kong’s Hang Seng shed 0.49 percent or...
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    Epic US Markets Update

    US stocks fell on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings, ending the S&P 500′s four-session streak of record high finishes. The Dow Jones industrial average was down 54.40 points, or 0.35 percent, at 15,413.26...
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    Epic Asian Markets Update

    Asian equity markets were in a holding pattern on Wednesday as investors awaited a possible fiscal deal from US Senate lawmakers to extend the government’s borrowing authority and avert a debt default. China’s Shanghai Composite shed 1.88 percent or 42.04 points at 2,191.37. Hong Kong’s Hang...
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    Epic US Markets Update

    US stocks fell in a volatile session on Tuesday as the impasse over the debt ceiling in Washington continued with no sign of progress toward a resolution. The Dow Jones industrial average ended down 133.25 points, or 0.87 percent, at 15,168.01. The Standard & Poor’s 500 Index was down 12.08...
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    US markets slip as lawmakers argue over debt deal

    The US markets closed lower on Tuesday, with no signs of progress towards a budget deal, two days before the nation is expected to hit its debt limit. House Republican leaders stated that they were still working to find a way to end the partial government shutdown and raise the debt limit. House...
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    Asian markets trade higher in early deals on US deal hopes

    Most of the Asian equity benchmarks are trading in the green in early deals on Tuesday as investors went for bargain hunting on expectations of an imminent deal to reopen the US government and avert a possible debt default, the investors though will remain wary until they see the final outcome...
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    Rupee extends previous sessions weakness on back of subdued local equity markets

    Indian rupee, extending previous sessions’ weakness, was trading weaker against dollar on Tuesday, tailing the sluggish trend of local equities on the back of murky CPI data, which added to the string of dismal macroeconomic indicators of the country, increasing the odds of another rate hike by...
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