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Eli Lilly stock prices boom, here's the secret behind it

Eli Lilly stocks displayed a major rise after the announcement of a new oral weight-loss drug that has put pressure on its rival pharmaceutical companies

Representational Image(Representational image/Pixabay)

world news

Updated on Apr 18, 2025 06:53 AM IST

ByShrey Banerjee

US stocks dip, dollar weakens after Jerome Powell flags tariff concerns

US stocks hit session lows shortly after Federal Reserve Chair Jerome Powell's comments before recovering a bit in the final minutes of trading.

US equities opened lower, shrugging off solid retail sales data. But the market dropped much more after Powell warned that Trump's tariffs could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment. (File)(Bloomberg)

business

Published on Apr 17, 2025 03:18 AM IST

AFP |

Dimon, Ackman: How chorus from Big Money triggered Trump rethink

Just months ago, Wall Street was giddy over Trump’s victory, imagining an administration that would cater to its wants and needs — rolling back regulation, unleashing deals and keeping tax rates low

Traders work on the floor of the New York Stock Exchange in New York, US, on Thursday. (Bloomberg)

world news

Updated on Apr 11, 2025 07:15 PM IST

ByBloomberg

Asian markets tumble: Japan’s Nikkei drops 5.6% amid US-China tariffs war

Asian markets fell sharply as Wall Street's momentum from a previous rally faded, with Japan's Nikkei 225 plunging 5.6%.

A man takes photos on an electronic board showing the closing numbers of the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on April 10, 2025. (AFP)

world news

Updated on Apr 11, 2025 07:39 AM IST

ByHT News Desk

Apple to Amazon: Why major Nasdaq, Dow stocks are up today | Explained

Stocks surged Wednesday after President Donald Trump announced a pause in some of the reciprocal tariffs

Nasdaq stocks surged after Trump's tariff pause announcement(AFP)

world news

Updated on Apr 10, 2025 12:05 AM IST

ByYash Nitish Bajaj

Wall Street jumps as Trump declares 90-day pause on tariffs, raises China tariff

Wall Street's main indexes turned sharply higher on Wednesday after Donald Trump said he had authorized a 90-day pause on reciprocal and 10% tariffs.

FILE - A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)(AP)

world news

Updated on Apr 09, 2025 11:58 PM IST

ByShweta Kukreti

How ‘Trump mulling 90-day tariff pause' report triggered chaos in US markets

Trump is mulling a 90-day halt to tariffs on all nations except China, claimed media reports on Monday. However, the White House put an end to all rumors.

All three major stock indexes dipped again at the opening of the stock market for the third straight day with the Dow Jones dropping over 1000 points and the S & P 500 nearing bear market territory amid U.S. President Donald Trump's sweeping new tariffs and other countries' retaliations.(Getty Images via AFP)

world news

Updated on Apr 08, 2025 12:24 AM IST

ByShweta Kukreti

US stock markets plummet as Trump's tariffs trigger global crash

The US stock market fell into bear territory after global markets faced a downturn following tariffs announced by Donald Trump

US stock markets record low opening after global markets crash(REUTERS)

world news

Updated on Apr 07, 2025 10:45 PM IST

ByHT News Desk

Dow drops 1,200 and global markets tumble amid Trump's trade war worries

Trump's tariff strategy has long been criticized by economists, investors and business leaders, who fear that US isolation will severely limit economic growth.

The Dow Jones Industrial Average was down 1,200 points, and the Nasdaq composite was 4% lower. (Getty Images via AFP)

world news

Updated on Apr 07, 2025 07:22 PM IST

AP |

Recession warning issued as Trump’s tariff rollout fuels global market bloodbath

Global markets were in a freefall as Trump's 10 per cent tariffs took effect, leading the worst drop in Dow Jones, Nasdaq stock market index since pandemic.

A screen shows the Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange (NYSE) after the closing bell in New York City, US, April 4.(REUTERS)

world news

Published on Apr 05, 2025 01:17 PM IST

ByHT News Desk | Written by Nayanika Sengupta

Dow sinks 2000 points on Friday - List of biggest crashes in US history

The Dow Jones dropped 2,231.07 points, or 5.5%, to 38,314.86 - its biggest decline since June 2020

The Dow Jones crashed over 2000 points on Friday(Getty Images via AFP)

world news

Published on Apr 05, 2025 02:30 AM IST

Edited by Yash Nitish Bajaj

Trump's tariffs trigger Wall Street crash; Dow Jones tanks by over 1,000 points

Donald Trump announced new tariffs on nearly all US trading partners — a 34 per cent tax on imports from China and 20 per cent on the EU, among others.

business

Updated on Apr 03, 2025 10:00 PM IST

ByHT News Desk

NASDAQ, S&P 500 react to Trump tariffs: Apple, Nike, Nvidia tank after-hours

Donald Trump's tariff announcement triggered significant after-hours trading reactions

Donald Trump unveiled his tariff plan on Wednesday(AFP)

world news

Published on Apr 03, 2025 04:08 AM IST

Edited by Yash Nitish Bajaj

Japan's Nikkei closes near 8-month low on US tariff jitters

JAPAN-STOCKS/ (CORRECTED, UPDATE 1):CORRECTED-Japan's Nikkei closes near 8-month low on US tariff jitters

world news

Published on Mar 31, 2025 01:48 PM IST

Reuters |

Morgan Stanley to cut 2,000 jobs as clients grapple with Trump tariffs, policies

This plan was actually made before the recent market tumult and is aimed to reduce costs at the company with about 80,000 employees and a low attrition rate.

Morgan Stanley's London headquarters at Canary Wharf financial centre.(Reuters)

business

Published on Mar 19, 2025 04:11 PM IST

ByHT News Desk

'Wolf of Wall Street' Jordan Belfort has an interesting take on Trump's tariffs

Jordan Belfort echoed Trump's statements that the tariffs would help in restoring domestic production in the US, critical for the country’s long-term stability.

US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13.(AFP)

business

Updated on Mar 17, 2025 03:06 PM IST

ByHT News Desk

Wall Street tumbles as Trump tariffs, falling AI stocks drag Nasdaq down

The US stock market was rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy.

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, US.(Reuters)

business

Published on Mar 07, 2025 07:19 AM IST

AP |

US stock futures tumble as Donald Trump's tariffs stoke trade war fears

Futures for Wall Street's main indexes tumbled on Monday as fears of a full-blown trade war jolted markets following Trump's tariff announcement.

Trump said he would talk on Monday with the leaders of Canada and Mexico, which have announced retaliatory tariffs, but downplayed expectations that they would change his mind.(AP)

world news

Updated on Feb 03, 2025 07:58 PM IST

Reuters |

DeepSeek faces cyber attack after grand Wall Street opening, limits new users

DeepSeek R-1 became the top-rated free application available on Apple's App Store in the United States on Monday

DeepSeek AI, a Chinese tech startup last week released its open-source AI model, DeepSeek-R1.(Bloomberg)

world news

Updated on Jan 27, 2025 10:57 PM IST

ByHT News Desk

Wall Street down in premarket trading: Top tech losers

Wall Street already took a hit Friday following the launch of the Chinese DeepSeek artificial intelligence programme last week

Nvidia Corp shares plunged today by 12.3% during premarket trading.(AP)

world news

Updated on Jan 27, 2025 10:57 PM IST

ByHT News Desk

Nasdaq down 3% as China's AI startup shakes Big Tech stocks; Nvidia down 11%

China's DeepSeek overtook US rival ChatGPT in terms of Apple Store downloads, offers the prospect of a viable, cheaper AI alternative

Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)

business

Updated on Jan 27, 2025 10:51 PM IST

ByHT News Desk

What is DeepSeek-R1, which spooked global AI market?

DeepSeek-R1's launch caused a significant decline in technology shares shaking investors' confidence in the AI sector's strong demand for high-tech chips

DeepSeek-R1, use multi-stage training and large-scale reinforcement learning (RL) techniques.( Lam Yik/Bloomberg)

world news

Updated on Jan 27, 2025 10:22 PM IST

ByHT News Desk

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

All three major indices ended lower after the Fed revised its forecast to just two interest rate cuts next year, with Dow dropping 2.6%, or over 1,100 points.

The Dow slid 2.6, or more than 1,100 points on Wednesday.(REUTERS file photo)

business

Updated on Dec 19, 2024 04:47 AM IST

AFP |

From a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscure

world news

Updated on Dec 13, 2024 12:22 AM IST

AP |

Donald Trump takes over New York Stock Exchange after scoring major title

Donald Trump scored twin recognitions on Thursday as he rung NYSE's opening bell after snagging TIME's Person of the Year title.

LIVE: Donald Trump rings the opening bell of the New York Exchange on Thursday. (X)

world news

Published on Dec 12, 2024 07:50 PM IST

ByAshima Grover, hindustantimes.com

How a $500 billion haul has reignited passive controversy on the Wall Street

The passive-investing juggernaut is picking up speed — and it’s stirring up fresh angst about the dangers posed by the index-tracking boom across Wall Street.

With almost a month still to go in 2024, index funds have raked in some $500 billion in fresh cash.(Reuters)

business

Published on Dec 07, 2024 09:33 AM IST

Bloomberg |

Nvidia becomes world's largest company overtaking Apple amid rise of AI

This is happening for the second time, with Nvidia previously becoming the largest company in June this year, although it held this record for only one day

Nvidia, the chip company, which has enjoyed a monumental ascent over the last 18 months amid enthusiasm over generative AI, jumped 3.4 percent near 1725 GMT, giving it a market capitalization of about $3.3 trillion, slightly ahead of Microsoft and Apple(Justin Sullivan/Getty Images via AFP)

business

Published on Nov 06, 2024 11:45 AM IST

ByHT News Desk

Wall Street betting on Kamala Harris win? CNBC's Jim Cramer dissects volatility

Here's why CNBC's Jim Cramer feels Wall Street investors are anticipating a Kamala Harris win

FILE - A sign marking Wall Street is shown near Trinity Church in New York's Financial District on Oct. 30, 2024. (AP Photo/Peter Morgan, File)(AP)

world news

Published on Nov 05, 2024 07:15 AM IST

ByVertika Kanaujia

Elon Musk's Robotaxi gets a thumbs down from investors. Here's why

The Robotaxi is a two-seater autonomous vehicle without a steering wheel or pedals that Elon Musk called as Tesla's most significant launch since the Model 3

Video grab obtained 10 October, 2024 shows Tesla CEO Elon Musk waving next to his long-promised robotaxi during a launch event at the Warner Brothers studio lot near Los Angeles.(AFP Photo/Tesla)

business

Updated on Oct 12, 2024 01:39 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

India's Nifty, Sensex outperform all global markets except only Wall Street

India's NSE Nifty and BSE Sensex are among the top-performing indexes globally, with gains of 18.7% and 17% in 2024, trailing only Nasdaq and S&P 500.

Domestic investors have significantly contributed to the rally, but analysts caution that inflows are unsustainably high, prompting a cautious near-term outlook.(HT photo)

business

Published on Sep 23, 2024 09:40 AM IST

Reuters |

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wall street news

Latest from wall street

Eli Lilly stocks displayed a major rise after the announcement of a new oral weight-loss drug that has put pressure on its rival pharmaceutical companies

US stocks hit session lows shortly after Federal Reserve Chair Jerome Powell's comments before recovering a bit in the final minutes of trading.

Just months ago, Wall Street was giddy over Trump’s victory, imagining an administration that would cater to its wants and needs — rolling back regulation, unleashing deals and keeping tax rates low

Asian markets fell sharply as Wall Street's momentum from a previous rally faded, with Japan's Nikkei 225 plunging 5.6%.

Stocks surged Wednesday after President Donald Trump announced a pause in some of the reciprocal tariffs

Wall Street's main indexes turned sharply higher on Wednesday after Donald Trump said he had authorized a 90-day pause on reciprocal and 10% tariffs.

Trump is mulling a 90-day halt to tariffs on all nations except China, claimed media reports on Monday. However, the White House put an end to all rumors.

The US stock market fell into bear territory after global markets faced a downturn following tariffs announced by Donald Trump

Trump's tariff strategy has long been criticized by economists, investors and business leaders, who fear that US isolation will severely limit economic growth.

Global markets were in a freefall as Trump's 10 per cent tariffs took effect, leading the worst drop in Dow Jones, Nasdaq stock market index since pandemic.

The Dow Jones dropped 2,231.07 points, or 5.5%, to 38,314.86 - its biggest decline since June 2020

Donald Trump announced new tariffs on nearly all US trading partners — a 34 per cent tax on imports from China and 20 per cent on the EU, among others.

Donald Trump's tariff announcement triggered significant after-hours trading reactions

JAPAN-STOCKS/ (CORRECTED, UPDATE 1):CORRECTED-Japan's Nikkei closes near 8-month low on US tariff jitters

This plan was actually made before the recent market tumult and is aimed to reduce costs at the company with about 80,000 employees and a low attrition rate.

Jordan Belfort echoed Trump's statements that the tariffs would help in restoring domestic production in the US, critical for the country’s long-term stability.

The US stock market was rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy.

Futures for Wall Street's main indexes tumbled on Monday as fears of a full-blown trade war jolted markets following Trump's tariff announcement.

DeepSeek R-1 became the top-rated free application available on Apple's App Store in the United States on Monday

Wall Street already took a hit Friday following the launch of the Chinese DeepSeek artificial intelligence programme last week

China's DeepSeek overtook US rival ChatGPT in terms of Apple Store downloads, offers the prospect of a viable, cheaper AI alternative

DeepSeek-R1's launch caused a significant decline in technology shares shaking investors' confidence in the AI sector's strong demand for high-tech chips

All three major indices ended lower after the Fed revised its forecast to just two interest rate cuts next year, with Dow dropping 2.6%, or over 1,100 points.

From a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscure

Donald Trump scored twin recognitions on Thursday as he rung NYSE's opening bell after snagging TIME's Person of the Year title.

The passive-investing juggernaut is picking up speed — and it’s stirring up fresh angst about the dangers posed by the index-tracking boom across Wall Street.

This is happening for the second time, with Nvidia previously becoming the largest company in June this year, although it held this record for only one day

Here's why CNBC's Jim Cramer feels Wall Street investors are anticipating a Kamala Harris win

The Robotaxi is a two-seater autonomous vehicle without a steering wheel or pedals that Elon Musk called as Tesla's most significant launch since the Model 3

India's NSE Nifty and BSE Sensex are among the top-performing indexes globally, with gains of 18.7% and 17% in 2024, trailing only Nasdaq and S&P 500.

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