U.S. equities are being pressured once again by falling oil prices, Art Cashin, UBS’ director of floor operations, said Monday. “If WTI breaks below $37, it will put some extra weight on the market. I think they’re still trying to... Read more
Apple’s stock is on track to see negative annual returns for the first time in seven years, extending losses even further on Monday. But the shaky performance isn’t a problem for some market watchers, who say that the popular stock... Read more
“Halftime Report” trader Jon Najarian bought shares of Netflix on Monday, predicting more gains ahead. Since the beginning of the year, Netflix’s stock is up nearly 136 percent, placing the movie-streaming company as the top-performing name in the S&P 500.... Read more
The U.S. dollar has had a nice run. It’s been the talk of global currency trading all year long. And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big... Read more
Sitting at your desk wondering where all of your co-workers went? Welcome to the club — but there are only a handful of members. Only 59 percent of U.S. workers will work at least part of the week of Dec.... Read more
India’s current account deficit (CAD) is likely to be about 1 per cent of the GDP in the current fiscal because of low crude prices and contained gold imports , says a Citigroup report. According to the global financial services... Read more
Finance Minister Arun Jaitley rebuffed Prime MinisterNarendra Modi’s critics on Tuesday and challenged the opposition to back a crucial tax reform, pledging also to put investments before budget savings to drive growth in Asia’s No.3 economy. Jaitley, in an interview... Read more
Prime Minister Narendra Modi on Monday wrapped up his five-day visit to Britain and Turkey after making a strong case for a united global fight against terrorism. “Goodbye Turkey! After successful participation in @G20Turkey2015 PM @narendramodi heads home,” External Affairs... Read more
Finance Minister Arun Jaitley on Monday said low oil prices have created a favourable environment for the Indian economy as it helped to absorb the loss faced by oil companies and kept inflation under control. Jaitley said that low oil... Read more
Snapping 3-day winning spree, the Indian rupee declined marginally by 3 paise to 66.03 per dollar on fresh demand for the US currency from banks and importers. The rupee opened higher at 65.95 per dollar as against Monday’s closing level... Read more