US Stock Markets Today: All Three Indices Open Strong, S&P 500 Up 0.4%
All three Wall Street indices opened on a positive note on Friday, with S&P 500 looking to snap its five-day losing streak. The broader index opened 0.4% higher at 5,891.07.
The tech-heavy Nasdaq Composite was also up 0.6% at 19,395.51, whereas the 30-stock Dow Jones Industrial Average rose 0.25% to 42,392.27.
Among the major companies that advanced in early trade were Amazon.com Inc., NVIDIA Corp. and Microsoft Corp.; whereas Nike Inc., McDonald's Corp. and Apple Inc. were among the stocks that slipped.
Out of the 11 S&P 500 sectoral indices, seven were trading lower against the previous day's close. The loss was led by real estate, information technology, consumer staples while energy, healthcare and utilities led the gain.
As the US market opened, spot gold was trading 0.41% lower at $2,647.09 an ounce, and Brent crude oil was trading 0.18% higher at $76.07 per barrel.
The Bloomberg Dollar Index fell by 0.2%, as the British Pound rose 0.2% to $1.2409 while the Japanese yen rose 0.3% to 157.07 per dollar.
Bitcoin, the largest traded cryptocurrency, fell 0.4% to $96,712.23.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
