Wall Street declines ahead of US data; dollar faces heat from yen, yuan | News on Markets

Stock markets took a breather on Monday from their record highs of recent sessions as investors looked to an abbreviated trading week, capped by key US inflation data on Friday, due to the impending Easter holiday. Wall Street’s main indices kicked off the week on a lower note. Market participants are hoping that… Continue reading Wall Street declines ahead of US data; dollar faces heat from yen, yuan | News on Markets

Mumbai realty firm stocks may climb wall of worry, one valuation at a time

Real estate stocks of Mumbai-based companies have been hitting lifetime highs on expectations that launches, steady demand, and price increases in the largest real estate market in the country would boost their financials.   Macrotech Developers (Lodha) and Oberoi Realty hit their all-time highs last week, while Godrej Properties came close to its 52-week high… Continue reading Mumbai realty firm stocks may climb wall of worry, one valuation at a time

Amazon crosses Wall Street’s estimates, posts $134 bn revenue in Q2

Amazon.com Inc on Thursday reported sales growth and profit ahead of Wall Street’s expectations, as the company delivered goods faster and cheaper to shoppers and as recent cloud-computing headwinds began to subside. Shares of Amazon rose about 11 per cent in early trade. Facing an array of challenges, Amazon has aimed to… Continue reading Amazon crosses Wall Street’s estimates, posts $134 bn revenue in Q2

Housing society’s protection wall collapses in Maha’s Thane, no casualty

A portion of the protection wall of a housing society collapsed in Maharashtra’s Thane city in the wee hours of Wednesday, civic officials said. No one was injured in the incident which took place at the housing society located in Panchpakhadi area, Thane Municipal Corporation’s disaster management cell chief Yasin Tadvi said. … Continue reading Housing society’s protection wall collapses in Maha’s Thane, no casualty

Wall Street, global stocks remain flat ahead of earnings, economic data

Wall Street and global stocks were virtually flat on Monday while oil prices gained and the dollar was little changed, as traders looked ahead to corporate earnings, central bank meetings and a key employment report due this week. The Dow Jones Industrial Average rose 0.11%, to 35,499.78, the S&P 500 was little changed… Continue reading Wall Street, global stocks remain flat ahead of earnings, economic data

Chandler Smith crashes hard into wall at Xfinity Series race after losing brakes

Chandler Smith suffered a scary crash as the NASCAR Xfinity Series took on Road America in Elkhart Lake, Wisconsin, on Saturday. Smith was speeding down the front stretch and headed into turn one when it appeared he lost his brakes. Smith was forced to drive his No. 16 Chevrolet off the pavement, onto the grass… Continue reading Chandler Smith crashes hard into wall at Xfinity Series race after losing brakes