Welcome to the Mint live blog. Track this space for latest stock market updates:
16 Sep 2020, 08:21:18 AM IST
Oil prices tick higher
Global benchmark Brent crude rose 0.79% to $40.85 per barrel and U.S. West Texas Intermediate crude ticked up 1.02% to $38.67 a barrel.
16 Sep 2020, 08:20:21 AM IST
RBI governor Shaktikanta Das to address Ficci members today
16 Sep 2020, 08:16:15 AM IST
SGX Nifty lower in early deals
SGX Nifty futures were down 0.3% at 11,498.00 points, indicating a weak start for Indian benchmark equity indices.
16 Sep 2020, 08:05:58 AM IST
Asian stocks trade on a mixed note ahead of US Fed meeting
Asian stocks were little changed on Wednesday as investors awaited a Federal Reserve meeting to gauge the extent of central bank support for the economic recovery, Bloomberg reported. Crude oil extended gains.
Japan’s Topix index added 0.1%, Hong Kong’s Hang Seng rose 0.4%. Shanghai Composite slid 0.1% and Australia’s S&P/ASX 200 Index rose 0.7%.
South Korea’s Kospi index dipped 0.1%.
16 Sep 2020, 08:03:36 AM IST
Wall Street stocks rise on hope of supportive US Fed stance
US stocks rose on Tuesday as investors hoped the Federal Reserve would stick with its supportive policy stance as the central bank’s two-day meeting got underway, Reuters reported.
Advances, however, were capped as Apple Inc’s shares lost early gains following its rollout of a new virtual fitness service and a bundle of all its subscriptions, Apple One.
The Dow Jones Industrial Average rose 82.51 points, or 0.29%, to 28,075.84, the S&P 500 gained 24.6 points, or 0.73%, to 3,408.14 and the Nasdaq Composite added 153.85 points, or 1.39%, to 11,210.50.