By Administrator_India, Capital Sands The S&P fell sharply on Tuesday as the Federal Reserve rate cut was largely shrugged off amid an ongoing spread of the coronavirus in the U.S. The S&P 500 slumped 2.8%, the Nasdaq Composite lost 3% and the Dow Jones Industrial Average fell 2.95%, or 789 points. Washington state authorities now report nine deaths from Covid-19, while […]
By Administrator_India, Capital Sands An Italian national tested positive for coronavirus in the western Indian state of Rajasthan, a major tourist destination, a hospital official said on Monday, taking the number of people who have tested positive in the country to six. The patient had initially tested negative for the virus but a second test […]
By Ritu, Capital Sands D-Street witnessed one of the most volatile sessions in the recent past on March 2. A 1000-point intraday swing which wiped out most of the gains made on the Sensex during the day. Meanwhile, Nifty50 held onto its crucial support at 11,100 levels. Bears took control in the last one-hour of the […]
By Administrator_India, Capital Sands Indian automakers Mahindra and Mahindra Ltd and Tata Motors said on Sunday their supply of parts from China had been hit, as fallout from the coronavirus outbreak mounts. “Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy,” Veejay Ram […]
By Administrator_India, Capital Sands Stocks plunged in late selling Thursday as fears of a global pandemic intensified. The S&P is on pace for its worst weekly loss since the Financial Crisis as investors feared a jump in coronavirus infections in the U.S. could derail economic growth. The S&P 500 closed down. 4.4%, The Dow Jones Industrial Average was down […]
By Administrator_India, Capital Sands Australian business investment unexpectedly fell last quarter led by declines in the mining and building sectors, frustrating hopes for a long-awaited pick up in spending and reinforcing expectations of yet another rate cut later this year. During the December quarter, investment stumbled 2.8% to A$28.5 billion ($18.8 billion), figures from the […]
By Ritu, Capital Sands Productivity is not growing fast enough in the European Union, investment is still too low and public debt remains high in countries most in need of reducing it, the European Commission said on Wednesday as it outlined a growth strategy for the bloc. In annual recommendations to all EU countries, the […]
By Administrator_India, Capital Sands Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows. The S&P 500 .SPX and the Dow Jones Industrial Average .DJI both shed more than 3% on Tuesday in their fourth […]
By Ritu, Capital Sands Indian shares were slightly higher on Tuesday as Asian markets steadied after a steep sell-off a day earlier, while U.S. President Donald Trump’s two-day visit failed to boost sentiment. The broader NSE Nifty 50 index .NSEI was up 0.2% at 11,854 as of 0403 GMT, while the benchmark S&P BSE Sensex .BSESN also rose 0.2% […]
By Administrator_India, Capital Sands Mexico’s economy ministry detected a cyber attack on some of its servers on Sunday but did not consider sensitive information to have been compromised, and beefed up safety measures, it said in a statement. It was the second high-profile cyber attack on the Mexican government after hackers demanded $5 million in […]