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Market News

Location American Market News for 6 November 2024

U.S. Policy Could Be a Short-Run Driver for Oil Markets

Wall Street Journal - 6 Nov 2024 03:51
Brent crude oil futures were 0.5% lower at $75.14/barrel. Continued uncertainty around the outcome of the U.S. election was making oil prices jumpy, with U.S. foreign policy a potential driver for oil markets near term, ...
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Government Bond Yields Rise as Markets Sense Trump Can Win

Wall Street Journal - 6 Nov 2024 03:54
Government bond yields and the U.S. dollar were higher. Money markets were getting back on the Trump trade as early results in the U.S. election were declared, JB Were said.
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Chinese Shares Open Higher Ahead of U.S. Election Results

Wall Street Journal - 6 Nov 2024 02:54
Chinese shares opened higher on U.S. election day as investors watched closely for the results of the next U.S. president.
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E.l.f. Beauty raised its full year guidance after posting a 40% jump in sales.
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How the Trump Whale Correctly Called the Election

Wall Street Journal - 6 Nov 2024 23:18
The mystery trader who calls himself "Théo" is on track for a payday of nearly $50 million.
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Big banks and small-cap stocks surged, while retailers and manufacturers brace for tariffs.
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Super Micro's stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that added to investor concerns.
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Trump Will Create New Winners and Losers in Healthcare

Wall Street Journal - 6 Nov 2024 18:17
Market reactions sharply diverged among healthcare companies as investors expect changes to Obamacare and Medicare.
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U.S. Crude Oil Stockpiles Increase Amid Higher Imports

Wall Street Journal - 6 Nov 2024 18:04
U.S. crude oil inventories rose last week as imports grew, and stocks of gasoline and distillate fuels increased with refineries raising their capacity use.
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The prospect of a second Trump term seems to be reinforcing King Dollar's reign, rather than shaking it.
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CVS expects elevated medical costs to continue to pressure its performance this year, "and as a result we are not providing a formal outlook at this time."
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Lighter Winds Boost Reliance on Gas Power in Europe

Wall Street Journal - 6 Nov 2024 14:50
Lower wind speeds in some parts of Europe have pushed some countries to fall back on gas in recent days, according to market watchers.
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US Election Results: As American markets spike, this is how investors from India can invest in the overseas stocks US Election Results: If you want to get an exposure to the US stocks such as Tesla, Amazon or Google, you can either invest in the US stocks via brokers here or buy mutual funds or ETF units, which indirectly invest in t...
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EPF: What is the missed call service that helps you find about the PF balance? EPF: In order to avail the missed call facility, you need to have a mobile number activated with UAN, and one of the three (bank account, aadhaar or PAN) available against the UAN
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What's the TDS when buying property from an NRI?

livemint.com - 6 Nov 2024 12:57
What's the TDS when buying property from an NRI? Know the TDS implications when purchasing property from NRIs--rates, tax certificates, and buyer responsibilities.
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What's Driving the Strong Market Reaction to Likely Trump Win

Wall Street Journal - 6 Nov 2024 12:36
Investors believe they have a handle on what Donald Trump will do this time. But it's not obvious that they are any better at assessing politics, or that Trump himself is any more predictable.
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You can invest in debt using online bond platforms. Here's how Online bond platforms expect higher participation by individual investors after India's markets regulator cut the minimum bond face value to ₹10,000. But do investors know how to use these platforms to buy and sell bon...
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British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.
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Dollar surges as Trump claims victory

Telegraph - 6 Nov 2024 09:40
Dollar surges as Trump claims victory The dollar rocketed higher at its fastest pace in nearly two years as Donald Trump won key states and declared victory in the US presidential election.
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Struggling with credit card debt? Here's how to get out using smart repayment plans Credit cards: The debt snowball method focuses on paying credit card bills with the lowest outstanding amount first and moving ahead. The debt avalanche method focuses on paying credit card bills with the highest interes...
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Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.
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What is a credit card authorisation and why is it important? Credit card authorisation ensures that the cardholder has enough credit available to complete the transaction, which helps reduce declined transactions at checkout.
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