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Market News

Location American Market News for 17 May 2024
Stay on course! Avoid changing lanes frequently in SIP, says WhiteOak Capital Mutual Fund Investors should focus on long-term financial goals by continuing with the same index in a Systematic Investment Plan (SIP) rather than switching annually to the best-performing index of the previous year, as revealed by...
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Here are some of the major companies whose stocks moved on the week's news.
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Goldman Sachs, Microsoft Power Dow Industrials to 40000

Wall Street Journal - 18 May 2024 01:12
A broad rally across sectors leads the blue-chip stock index to new highs.
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The Next Grand Theft Auto Is a Lucrative Moving Target

Wall Street Journal - 17 May 2024 19:33
Take-Two's shifting forecasts have spawned a long waiting game, but a big payoff still likely.
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Why Utilities Are Lighting Up the Stock Market

Wall Street Journal - 17 May 2024 19:00
Utility stocks are suddenly white hot, thanks largely to artificial intelligence's thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.
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NFO Alert: SBI Mutual Fund launches automotive opportunities fund -- all you need to know SBI Automotive Opportunities Fund is a thematic mutual fund that aims to generate long-term capital appreciation for unit holders by investing in a portfolio of companies engaged in automotive and allied activities. The ...
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You Made a Mistake in Your Taxes. Now What?

Wall Street Journal - 17 May 2024 17:00
The rules around amending a return can get complicated. Here's what you need to know.
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Investing in debt instruments? Learn how agencies give them credit ratings as Sebi releases master circular From time to time, Sebi has released circulars to make a set of rules which govern the criteria for credit rating agencies. The regulator has now released a master circular to enable the investors to have access to all t...
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Income Tax: How to authenticate notice issued by the department? A step-by-step guide One way to check the authenticity of notice sent by the tax department is to cross check the email ID from where it is sent. Alternatively, you can authenticate the veracity of notice by visiting the tax department websi...
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Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
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The Medicare Bubble Has Burst

Wall Street Journal - 17 May 2024 13:30
The government health insurance program had been a gold mine for private insurers until recently.
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Chinese house prices drop as property crisis deepens China has announced a string of measures designed to rescue its beleaguered property market after house prices fell at their sharpest pace in a decade.
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Want to Make a New Friend? How Much Money Have You Got?

Wall Street Journal - 17 May 2024 08:31
More people are relying on gym memberships, art classes and other paid activities to develop friendships.
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Around 49% of new demat accounts in FY24 opened by investors below 25, says Paarth Dhar of Angel One Angel One launched an engaging and fun educational platform for youngsters - Fin One - catering to young investors. It aims to deliver infotainment content that engages, entertains, and empowers, cutting across geographi...
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