Wall Street News

The index closed near the day’s low with a loss of 161 points or 0.7 per cent at 22,333 levels on Monday. 

In 1978, Simons left academia to pursue a career in finance. He founded Renaissance Technologies, a quantitative hedge fund firm based in New York.

Wall Street Journal on BJP: American newspaper Wall Street has described BJP as the most important foreign political party in the world. Wall Street has claimed that BJP can win the 2024 elections. So there Chief Minister Yogi Adityanath has been described as the successor of Prime Minister Modi.

The streaming giant will report its second-quarter earnings on Tuesday, and it's shaping up to be one of the most consequential moments in the 25-year history of the company, CNN reported

The Dow will wipe out the entire Trump-bump if the blue-chip index falls another 1,500 points from current levels. 

Oil prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level.

A reunited Germany cemented itself as Europe`s largest economy, but an analysis of market performance suggests that the biggest winners are Wall St, flagbearer of Western capitalism, and the emerging `BRIC` economies - Brazil, India, China and Russia.

The outlook for Germany`s export reliant economy was also grim and Chinese industrial output growth cooled to a more than 17-year low, adding to headwinds for US multinationals that rely on global demand.

Excluding certain items, Disney earned $1.35 per share, below average analyst estimates of $1.75 per share, according to IBES data from Refinitiv.

The yuan weakened past the key seven-per-dollar level to its lowest level in 11 years, after the People`s Bank of China, with the blessing of policymakers in Beijing, set its daily midpoint at the weakest level in eight months.

The Nasdaq closed down 12.4 percent from its August 29 record closing high, falling 4.4 percent for the day in its biggest one-day percentage decline since August 18, 2011.

Asian share markets sank on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.

A selloff in technology majors deepened on Monday, wiping out the tech-heavy Nasdaq index`s gains for the year.

Wall Street`s three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances.

Global shares rallied for all of 2017 but have started this year on the back foot, hit by a combination of factors including the risk of faster rate rises in the United States and alarm over protectionism.

The benchmark indices Sensex, Nifty gained up to 0.42% on value buying by investors after recent losses on easing inflation worries and positive global cues.

Concerns about rising consumer prices and a bigger US budget deficit sparked a selloff in fixed income markets.

In addition to pressure from the drop in global shares, Chinese equities were weighed by factors such as investors attempting to stay liquid ahead of the Lunar New Year holidays and pressure to meet rising margin calls.

The Dow lost more than 1,000 points for the second time in four session, ending at 23,860.46, down 4.2 percent.

The benchmark Sensex falling by another 561 points to close at a one-month low of 34,195.94 amid a meltdown in the world markets.