Usa Financial News

By Vidya Ranganathan

Investing.com — US stock futures ticked higher on Sunday night following significant weekly declines among major benchmark averages, as market participants braced for a fresh deluge of earnings results from major tech companies including Alphabet (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT).

Antony Blinken and Defence Secretary Lloyd Austin said Sunday that the United States expects the Israel-Hamas war to escalate through involvement by proxies of Iran, and they asserted that the Biden administration is prepared to respond if American personnel or armed forces become the target of any such hostilities. «This is not what we want, not what we're looking for.

demography in the coming years. Ukraine gives no official toll of its war dead — the Ukrainian armed forces have reiterated that their war casualty numbers are a state secret – but various estimates say losses are huge. The figures remain classified. But US officials, quoted by the New York Times, recently put the number at 70,000 dead and as many as 120,000 injured.

Gold prices fell on Monday, retreating from a five-month peak scaled in the previous session, as robust U.S. Treasury yields cut demand for the non-yielding asset ahead of key inflation and economic growth data due later this week. FUNDAMENTAL Spot gold dropped 0.8% to $1,965.89 per ounce by 0104 GMT, and U.S.

Global market, including India, will take further cues from geopolitical developments, oil prices and bond yield fluctuations, along with earnings of major companies. “We expect earnings season to pick up pace in a truncated week which would direct the market trend along with global cues. On the global front, ECB (European Central Bank) will announce interest rate decision this week," Siddhartha Khemka, Head – Retail Research at Motilal Oswal Financial Services Ltd, said.

«We expect the earning season to pick up pace in a truncated week which would direct the market trend along with global cues,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 83.5 points, or 0.43 per cent, at 19510, signaling that Dalal Street was headed for positive start on Monday.

In this space back in August, I wondered how much Taylor Swift mania the world could take.

money managers in Europe say traders are wrong to bet the European Central Bank is done hiking interest rates. As a net energy importer, the region is particularly exposed to rising prices if the crisis in the Middle East escalates, and markets are underestimating the possibility of additional tightening in response, according to Legal & General Investment Management, Vanguard Asset Management and Robeco Groep. That leaves short-maturity government bonds particularly vulnerable. The view clashes with swaps pricing that shows a pause from the ECB virtually baked in this week — and only a 10% chance of a 25 basis-point hike at a subsequent meeting.

Earnings season typically is the time when investors can look past macroeconomic forces and focus on company-specific news moving stocks. This quarter, however, is turning out to be anything but typical. Individual shares have, of course, reacted to earnings announcements in the week or so since Corporate America started reporting results.

Famed hedge fund manager Dan Loeb has been named as one of the headline acts for next month’s Sohn Hearts & Minds philanthropic investment conference to be held in Sydney.

BEIJING (Reuters) — China's top spy agency said on Sunday a Chinese citizen who worked for a defense institute had been accused of spying for the United States and his case had been transferred to a court in the southwestern city of Chengdu for trial.

Susan Hodgson returned from her vacation to find her Atlanta family property demolished by mistake. The house, which had been vacant and boarded up for about 15 years, was reduced to rubble. A neighbor had called Hodgson during her absence, inquiring if she had authorized the demolition. Hodgson had not, and she confirmed this when asked by the neighbor. The worker involved responded rudely, telling the neighbor to mind her own business. Hodgson, perplexed and angry, sent a family member to speak with the worker. It turned out that he had made a grave error in identifying the correct address. He swiftly packed up and left upon realizing his mistake. Hodgson has taken legal action by filing a police report and seeking legal counsel, but her next course of action remains uncertain. The company responsible for the demolition, «You Call It, We Haul It,» has not yet reached out to her. In a statement to FOX5, the company stated that they are conducting an investigation. Hodgson expressed her disbelief that someone could cause such destruction without taking responsibility for their actions. She emphasized that they did not offer any apologies or assistance in rectifying the situation. The accidental demolition has left her in a state of shock and uncertainty.

By Kanishka Singh and Crispian Balmer

MUMBAI : Analysts expect the shares of Kotak Mahindra Bank Ltd to open higher on Monday, potentially outperforming benchmark indices, driven by the banking regulator’s approval of the managing director and chief executive candidate and quarterly earnings that met analysts’ expectations. Friday’s delivery-to-traded volume at 72.13% was the highest since 14 July (83.59%).

NEW DELHI : A US government office is checking whether foreign banks operating in the US conformed to the G7 price cap of $60 a barrel for Russian oil, a person aware of the matter said. The US treasury department’s Office of Foreign Assets Control (OFAC) has sought details of Russian oil purchases by including those by Indian entities in the last few months, the person said on condition of anonymity. Indian banks operating in the US include State Bank of India (SBI), Bank of Baroda and Bank of India.

DUBAI (Reuters) -An Iranian Revolutionary Court sentenced two journalists to years in prison for their coverage of the death in custody of Kurdish-Iranian Mahsa Amini last year, state media reported on Sunday.

Prince Harry was seen in a jovial mood during his visit to a race track in Austin, Texas, in anticipation of the upcoming US Grand Prix. The Duke of Sussex, sporting a relaxed black polo shirt and jeans, appeared to be thoroughly engaged as he interacted with the Mercedes team, although his wife Meghan Markle was notably absent from the excursion. Eager fans caught glimpses of Harry, who wore a pair of sleek black sunglasses, smiling and waving during the visit on Saturday.

Coal miner Whitehaven may face a strike at its annual general meeting on Thursday, despite securing BHP’s Queensland coal assets to market acclaim last week.

By Kanishka Singh

Indiabulls Housing Finance has been put under the ban for trade on Monday, October 23, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stock will be available for trading in the cash market.