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The S&P 500 rose 1.4% last week to deliver its first ever weekly close above the 5000 handle. Stocks managed to navigate through a barrage of commentary from Federal Reserve officials, which predominantly emphasized the ongoing need for disinflation before any potential interest rate reductions.

Nasdaq slipped on Monday afternoon after briefly surpassing its record closing high from November 2021, while the Dow rose modestly ahead of two U.S. inflation reports this week that could influence Federal Reserve policy. The benchmark S&P 500 closed slightly lower but remained just above the 5,000-point level it crossed on Friday.

Prem Watsa strongly refuted the allegations levelled by short seller Muddy Waters and firmly stood by his company's track record of returns to investors, amid charges of accounting abuse against Fairfax Financial Holdings, a Toronto-listed investment firm he founded four decades ago. Fairfax Financial Holdings has invested $7 billion (about Rs 58,100 crore at current exchange rates) in India.

Hindalco, ZEE, Eicher Motors, Coal India, JSW Energy among others will be in focus due to corporate earnings and variou other developments. Here's a full list of stocks to track Hindalco, ZEE, Eicher Motors Shares of Hindalco, ZEE, and Eicher Motors will be in focus today as the companies will announce their third quarter results.

Kochi, Japan, will move into the metaverse space, with city officials sealing a web3 deal with the Philippines-based Start Lands.

A weekly round up of cryptocurrency market news, why that matters to you and what it means for crypto investors in the coming days.

Shares of JetBlue Airways (NASDAQ:JBLU) are trading over 8% higher in the after-hours on Monday, after the famed activist investor Carl Icahn reported a 9.91% stake in the company.

After-Hours Stock Movers:

(Reuters) — Apparel retailer Express is preparing for debt restructuring and a possible bankruptcy within weeks, the Wall Street Journal reported on Monday, citing people with knowledge of the matter.

By Akash Sriram

Lattice Semiconductor (LSCC) saw its shares slump over 8% in after-hours trading Monday after the company’s FQ4 revenue and Q1 guidance both missed analysts’ expectations.

Investing.com — The Dow closed at record highs Monday, led by energy stocks ahead of a busy week of top-tier economy data, and fresh round of corporate earnings.  

By Saqib Iqbal Ahmed

In the Mega Millions drawing held on Friday, February 9, 2024, no ticket matched all the winning numbers, leading to the jackpot rolling over to an estimated $425 million for the next drawing, cleveland reported.

In an effort to enhance the range of investment options available across its network, Orion, a fintech provider that targets fiduciary advisors, is offering wider access to a suite of diversified strategies for affluent investors.

Arm Holdings Plc is extending a big rally in the wake of last week’s blockbuster earnings report that showed artificial intelligence spending is bolstering sales. The chip designer’s shares soared as much as 42% on Monday on volume that was more than six times the average over the past three months. The advance briefly pushed the stock’s gains to more than 100% in the three trading sessions since Arm’s results were released after markets closed on Feb. 7.

Uber, Lyft and food delivery app DoorDash will strike across the United States on Valentine's Day seeking fair pay, drivers' groups said on Monday. The strike call is the first since Uber and Lyft went public in 2019. Drivers will picket outside airports and Uber offices, two of the groups said.

Super Bowl a national holiday. Well, not the actual game, but the day after. As the Super Bowl spectacle shines ever brighter, so have reports of people not showing up for work on the Monday after the NFL crowns its champion.

India's quiet multifaceted diplomatic efforts through formal channels and informal talks, besides a meeting between Prime Minister Narendra Modi and the Emir of Qatar, helped New Delhi secure the release of eight Navy veterans who were sentenced to death last year. Achieving the release of the eight Indians, accused of spying for Israel, was a key item on the agenda of the Ministry of External Affairs since last year. The concerned division in the ministry and the Indian embassy in Qatar had worked quiet channels to gain the reprieve, ET has learnt. The presence of veteran Gulf hand as India's ambassador to Qatar — Vipul — helped New Delhi leverage several channels to successfully secure the objective, according to observers. Vipul served as the head of MEA's Gulf division before heading to Doha last year. Simultaneously, the National Security Council Secretariat led by NSA Ajit Doval worked on its channel of contacts in Doha. The matter was handled deftly, and secrecy was maintained till the veterans returned.

New York City to Providence in Rhode Island, and onwards to Boston, as per a Fox report. The fast-moving winter storm was expected to hit the US Northeast early on Tuesday, dumping as much as 6 inches (15.24 centimeters) of snow on New York City before moving north later in the day and walloping Boston with more than a foot, forecasters said.

Mithun Chakraborty has been discharged from the hospital and given a clean bill on health. As per a report by the news agency PTI, the ‘Disco Dancer’ star was discharged on Monday afternoon. In an interview with another news agency IANS, the ‘Kabuliwala’ actor expressed regret for not prioritising his health and focusing on a poor diet. The ‘Dance Dance’ star said he was “punished” for overindulging in food without restraint. He also revealed that the Prime Minister Narendra Modi had called him up and berated him for neglecting his health. “I eat like a demon. So I was punished. My advice for everyone is to control your diet. Those who are diabetic should not have the misconception that consuming sweets will not make any difference. Control your diet,” he told the news agency.