Rupee drops 5 paise to close at 74.24 against dollar
The rupee on Wednesday declined by 5 paise to close at 74.24 (provisional) against the U.S. currency due to a stronger dollar in the overseas markets. At the interbank foreign … Read More
Category: Markets
Tuesday’s Top Analyst Upgrades and Downgrades: Bath & Body Works, Cummins, Coinbase, Shift Technologies, Steel Dynamics and More
The futures were positive on Tuesday, after investors were treated to a strong Monday rally as we saw some follow-through from Friday, with both the S&P 500 and the Nasdaq … Read More
The White House hopes FDA approval of the Pfizer vaccine will open the door to more vaccine mandates around the country
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Since 2020, investors have been … Read More
Demand for school supplies is high but the Delta variant could change that
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)The Delta variant of Covid-19, … Read More
Treasury yields start the week higher with key Fed policy event in focus
The Chicago Fed will release its July national economic activity index at 8:30 a.m. ET. Markit is set to release its purchasing managers' index flash readings for August at 9:45 … Read More
Cathie Wood’s ARK Invest Sells Over 175,000 Shares of Roche
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 175,000 shares of Roche Holding AG (NYSEARCA: RHHBY) on Thursday, as the share price of this fund … Read More
Cathie Wood’s ARK Invest Buys Over 150,000 Shares of This COVID-19 Vaccine Supplier
One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 150,000 shares of Pfizer Inc. (NYSE: PFE) on Wednesday, as the price of this fund was flat … Read More
What does the future hold for Chinese companies listed in the US?
New Delhi (CNN Business)Tencent reported a 29% rise in second-quarter profit, even as Beijing expands its scrutiny of the private sector. The Chinese gaming and social media giant said Wednesday … Read More
European stocks set for higher open amid inflation data
Of the major bourses, the U.K.'s FTSE 100 index is expected to open up around 18 points at 7,191. France's CAC 40 was seen 11 points higher at 6,830, while … Read More
Housing sales boom as remote work continues
New York (CNN Business)Home Depot has thrived in the red-hot housing market, but there are growing signs that demand is finally starting to cool. Although Home Depot’s second-quarter earnings and … Read More