Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stocks slip as Iran tensions hit sentiment; chipmakers drop
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Gold drops more than 1% as rising Middle East tensions add to rate-hike fears
Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate hike from the Federal Reserve in September is keeping traders on edge as they await crucial economic data releases this week. Prices for other precious metals…
Ahead of IPO, Millworks Tech raises nearly Rs 44 cr from anchor investors
Millworks Technologies has successfully garnered Rs 44 crore from its anchor investors ahead of its public offering set to commence on July fourteenth. This large-scale IPO, amounting to Rs 160.33 crore, will close on July sixteenth. Renowned for its precision components across multiple sectors, the firm plans to utilize the raised funds to bolster capital…
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools
SK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline triggered broader weakness across global semiconductor stocks, with sharp losses in Seoul and the US, reflecting growing concerns over valuations and sustainability of AI-driven demand.
US stocks today: S&P 500, Nasdaq decline as Iran tensions jolt sentiment; chip stocks fall
On Monday, stock markets dipped as rising oil prices intensified due to increasing tensions between the U.S. and Iran. This surge in oil costs exacerbated the ongoing decline in chip stocks, heavily weighing on the Nasdaq index. Investors are now tasked with weighing strong corporate earnings against escalating geopolitical uncertainties.
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: Oil gains over 4% as Trump says US reinstating Iran naval blockade
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Mylan to sell up to $363 million stake in India’s Biocon, term sheet shows
Mylan Inc plans to sell up to 92 million shares in Indian drugmaker Biocon Ltd, worth up to 34.81 billion Indian rupees ($363 million), according to a term sheet seen by Reuters.
Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reports
Fast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion dollars in funds. The company’s long-awaited entry into the public market has been greenlit by China’s securities regulator. With a targeted valuation between forty and fifty billion dollars, this listing comes after previous…
US stocks today: S&P 500 and Nasdaq open lower as Iran tensions jolt sentiment, chip stocks slide
Wall Street opened lower on Monday as rising tensions between the US and Iran pushed oil prices higher, dampening investor sentiment. The Nasdaq and S&P 500 declined amid pressure on chip stocks, while the Dow managed marginal gains, reflecting cautious trading at the start of the week.
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: S&P 500 and Nasdaq open lower as Iran tensions jolt sentiment, chip stocks slide
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…