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Nasdaq eclipses 5,000 as dollar retreats; Dow, S&P 500 also up
The tech-rich Nasdaq Composite Index jumped 34.04 (0.68 per cent) to 5,026.42, finishing above 5,000 for only the fourth time in its history.
Start-up investors fret over India valuations
They fear high prices could hamper listings
Stocks and bonds roar Fed approval; dollar fights back
Short-term US yields boast their biggest decline in six years
DGCX in talks with local bank to launch spot gold contract
Trading a spot contract might require Dubai to host substantial operations by bullion banks, which are investment banks that function as wholesale suppliers to the market.
Daman Investments aims to launch IPO within weeks
Daman said in November that it would sell new shares equivalent to 55 per cent of the firm to the public.
European shares at 7-year peak as dollar weakens
Chinese equities rise to their highest level in over five years
Euro is weak, and firms are loving it
Apple, Dupont, Priceline, Caterpillar and General Electric, have warned they may face headwinds in Europe and elsewhere, and some, including Xerox, have cut earnings guidance as a result.
After ‘taper tantrum’, it’s ‘patient panic’ over Fed increasing rates
The S&P 500 has fallen 2.6 per cent since February’s stronger-than-expected jobs report a week ago boosted expectations for an interest rate increase as soon as June.
Inflation, negative cues weigh
The Sensex ended at 28,503.30 points. For the weekly trade ended March 5, it had closed at 29,448.95 points.
Shares gain as weak retail sales shift thinking of Fed
Nikkei stock average rises 1.4% in fresh 15-year closing high
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