Friday, March 14, 2025

Creating liberating content

Hamas said on Friday that it had agreed to free

Lakshya Sen (Image credit: X) NEW DELHI: India’s Lakshya Sen

Related News

NEW DELHI: The Economic Offences Court on Friday rejected the bail application of Kannada actress Ranya Rao in connection with a gold smuggling case. Rao, who was arrested last month,

Portugal won’t buy F-35s from the US because of Donald Trump. Portugal won’t buy Lockheed Martin F-35s from the United States though the country’s air force gave a go-ahead for

Hamas said on Friday that it had agreed to free Edan Alexander, an American Israeli soldier who has been held in Gaza for 17 months, and return the remains of

Lakshya Sen (Image credit: X) NEW DELHI: India’s Lakshya Sen exited the All England Badminton Championships following a straight-game defeat to Chinese world No. 6 Li Shi Feng in the

Police in Japan said Friday that they had arrested a suspect in the fatal stabbing of a YouTuber while she was livestreaming on a downtown Tokyo street. Tokyo metropolitan police

BLA positioned suicide bombers among the hostages during the attack. The train driver, a police officer, and a soldier were killed in the beginning. (Image credits: AP) Pakistani authorities have

Trending News

NEW DELHI: Chartered accountants’ apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs 2,100 crore. The private

NEW DELHI: LG Electronics India, a subsidiary of the South Korean chaebol LG, has received markets regulator Sebi’s approval for its Rs 15,000 crore initial public offering (IPO), people familiar

MUMBAI: India’s financial sector is embracing generative AI at pace, with banks, insurers, and non-bank lenders deploying it to cut costs and improve efficiency. An EY report suggests productivity gains

NEW DELHI: The Centre has asked Elon Musk’s satellite venture Starlink to set up a control centre in India to enable suspension or shutdown of communications services in sensitive and

India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by RBI’s currency swap operations last month. Foreign exchange reserves grew by $15.3 billion to nearly $654

NEW DELHI: India will be the world’s third largest economy by 2028 as it becomes the world’s most sought-after consumer market and gains share in global output, a Morgan Stanley

Stock market today: Live updates

Word Count: 314 | Estimated Reading Time: 2 minutes


Traders work on the floor of the New York Stock Exchange on March 13, 2025.

NYSE

S&P 500 futures rose Thursday night following a losing session that dragged the benchmark into correction territory.

Futures tied to the broad index added 0.4%, while Nasdaq 100 futures advanced 0.5%. Dow Jones Industrial Average futures gained 131 points, or 0.3%.

A 1.4% drop on Thursday dragged the S&P 500 down 10.1% from its record close notched last month, bringing it officially into a correction. This is defined as a decline of at least 10% from a recent high. The 30-stock Dow and Nasdaq Composite slid 1.3% and about 2%, respectively, in the session.

With Thursday’s decline, the Nasdaq fell further into correction territory and is now down more than 10% this year. Meanwhile, the small cap-focused Russell 2000 has dropped around 19% from its recent high, meaning it’s closing in on a bear market, or a drawdown of 20%.

That marks another milestone in the pullback that has gripped investors over the past three weeks as President Donald Trump’s on-again-off-again tariff policy drove up uncertainty and market volatility. All three major indexes have dropped more than 4% this week.

The Dow is on track for its second straight losing week and worst weekly decline since June 2022. This would be the fourth negative week in a row for the S&P 500 and Nasdaq.

“In only a few weeks, the broader market has gone from record highs to correction territory,” said Adam Turnquist, chief technical strategist for LPL Financial. “Tariff uncertainty has captured most of the blame for the selling pressure and is exacerbating economic growth concerns.”

Consumer sentiment stat due Friday morning round out a busy week of economic data that included key inflation reports. Investors are also gearing up for the Federal Reserve policy meeting scheduled for next week, where fed funds futures are pricing in a 98% likelihood of interest rates holding steady, according to CME’s FedWatch tool.



Source link

Sign In

Welcome ! Log into Your Account