US Stocks: Dow and S&P 500 weak as interest rate concerns mount and bank stocks fall

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US stock markets were mostly lower on Tuesday as fears the Federal Reserve could keep interest rates higher for an extended period and bank stocks tumble. The biggest headwind for the S&P 500 index was financials, down 0.8%. S&P’s downgrades of several US regional lenders, hurt bank stocks, with the KBW regional bank index down …

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The Washington Commanders end the Baltimore Ravens’ preseason win by 24 games

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LANDOVER, Maryland – The smallest league in American professional sports has come to an end. Washington Commander’s kicker Joey Slye threw for 49 yards with nine seconds left to give his team a 29-28 win over the Baltimore Ravens, who came into play on Monday after winning 24 straight preseason games since 2016. Washington struck …

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Earthquake

Earthquake rocks parts of California during Storm

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Southern California Shield From Hurricane Hilary; another natural disaster: a magnitude 5.1 earthquake. Its epicenter was northwest Los Angeles and the quickly went viral on social media. Didn’t cause much damage and the hurricane has since been downgraded to a post-tropical cyclone as well. Los Angeles Mayor Karen Bass said more than 100 fire stations …

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Spain

Spain defeated England 1-0 to win a Women’s World Cup for the first time

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SYDNEY — Spain won their first Women’s World Cup less than a year after their players revolted, beating England 1-0 on Sunday thanks to a first-half goal from Olga Carmona. Spain’s inaugural major global trophy marked them as the premier European squad to secure victory in the Women’s World Cup since Germany in 2007. After the final …

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smart GIFT 20 points; Here’s what changed in the market while you slept

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The increasing influence of weak global signals complicated the market recovery and led to continued selling pressure on Thursday. “Rising US bond yields are expected to limit the inflow of foreign investment into the Indian market, which will further impact market dynamics”; said Vinod Nair, director of research at Geojit Financial Services. “The prevailing market …

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US stocks: Dow Jones and S&P 500 slide on healthcare losses and interest rate volatility

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Major Wall Street indices ended lower after shaky trading on Thursday as losses in healthcare stocks eclipsed gains in Cisco and energy stocks, while positive economic data stoked fears that interest rates would stay lower for longer. CVS Health was strong in the S&P 500, falling 8% after it was announced that Blue Shield of …

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Wall Street stocks fall on Fed minutes, bank stocks add to losses

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NEW YORK, Aug 16 (Reuters) – Wall Street plummeted on Wednesday after Federal Reserve minutes were released showing central bankers at their last meeting disagreed over the need for more rate hikes. At 3:02 p.m. ET, the S&P 500 was down 15.86 points, or 0.36%, to 4,422, and the Nasdaq Composite was down 59.84 points, …

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Adani

Two developer organizations acquire 2% stake in Adani portals through open market

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                            The two entities of the promoter group accumulated a 2.03% share purchase in the Port of Adani and the Special Economic Zone through the open market from June 2 to August 11, according to information from the stock exchange. Resurgent Trade and …

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