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Market News

Location American Market News for 24 October 2024

Oil Rises on Reports of Conflict in Middle East

Wall Street Journal - 24 Oct 2024 02:26
Oil rose on reports of conflict in the Middle East, which could lead to supply disruptions in the region.
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Gold Rises on Possible Technical Recovery

Wall Street Journal - 24 Oct 2024 02:16
Gold rose in the early morning Asian session on a possible technical recovery.
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Dexcom shares fell on Thursday after the company released third-quarter results that showed slow revenue growth
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Judge Blocks Tapestry Deal With Capri

Wall Street Journal - 24 Oct 2024 22:32
A federal court sides with FTC, which argued that merger would raise prices for shoppers of luxury handbags
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U.S. Natural Gas Futures Post Solid Gains

Wall Street Journal - 24 Oct 2024 21:15
U.S. natural gas futures posted their sharpest one-day gain since February as the market looks to winter weather to lift demand while producers adopt a cautious stance before ramping up output.
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The industrial giant reported mixed third-quarter results compounded by a mixed outlook.
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Shares of the industrial conglomerate fell more than 3% Thursday.
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Credit cards: What are EMI options and concierge services? Concierge services refer to the personalised services offered by banks to their high-end consumers to help them with personalised tasks such as travel, entertainment and lifestyle needs. These are premium services offere...
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Solventum Taps Bankers to Explore Sale of Filtration Unit

Wall Street Journal - 24 Oct 2024 17:33
The business is expected to draw takeover interest from private equity and strategic buyers.
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Credit cards: 6 common myths everyone should be aware of Credit Cards: It is a common myth that holding too many credit cards can adversely impact your credit score. But it is far from true. It is recommended to keep a number of cards so that the overall credit utilisation sta...
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American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
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RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency The RBI's alert list includes entities which are neither permitted to deal in foreign exchange under FEMA nor authorised to operate electronic trading platforms for forex transactions.
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Magic of compounding: ₹1 lakh investment in THIS mutual fund at launch would have swelled to ₹14 lakh in 17 years Mutual Funds: If you had invested ₹1 lakh in DSP ELSS Tax Saver Fund at the time of its launch in January 2007, the investment would have now become a whopping ₹14.44 lakh, thus delivering an annualised return of 16....
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Gucci Has Problems. The Biggest May Be a Safe New Look

Wall Street Journal - 24 Oct 2024 13:30
The Italian brand's owner, Kering, issued its third profit warning in a row as demand for a toned-down Gucci disappoint.
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Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
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You can now use TCS credit to reduce the TDS on your salary. Here's how. Starting 15 October, salaried individuals can adjust tax collected at source (TCS) payments against the tax deducted at source (TDS) on their salaries, something they could previously do when filing their tax returns.
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Until recently, Boeing seemed insulated from any default risk but the continuing machinist union strike comes at a huge cost of about $1 billion in cash a month, and markets are worried.
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How grandparents can invest for their grandchildren without any hiccups Only parents and legal guardians are legally authorised to invest in a child's name.Best way is to open bank account in child's name and transfer funds for investments, or invest in your name and gift them to grandchildr...
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Vicious Partner Feud Roils EF Hutton

Wall Street Journal - 24 Oct 2024 11:30
The investment bank that revived a storied brand made millions taking startups like Donald Trump's social-media platform public. Now it's beset by fighting executives, angry investors and a slowdown in public listings.
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The energy-drink market includes bigger rivals Monster Beverage and Celsius.
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British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
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How hybrid funds can mitigate various investing risks Can hybrid funds, with their blend of equity, debt, and gold, be the key to reducing risk and delivering steady returns across market cycles? Are they the ideal choice for both lump-sum and SIP investors?
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