Washington, July 7 (IANS) America’s two biggest stock exchanges, the New York Stock Exchange and Nasdaq, joined together for the first time to ring the opening bell, using the unprecedented ceremony at the White House to mark the launch of President Donald Trump’s Trump Accounts investment programme for children.The event brought together senior executives from both exchanges, a collaboration that President Trump described as unprecedented.”First time we’ve ever had the New York Stock Exchange a…
Latest Intercontinental Exchange News & Updates
Washington, July 7 (IANS) Some of America’s biggest corporations and financial institutions lined up behind President Donald Trump’s newly launched Trump Accounts programme, pledging financial support and describing it as an initiative that could broaden wealth creation for future generations.The White House event brought together executives from Wall Street, Silicon Valley and major American corporations, signalling rare public backing from business leaders for a government-backed investment pr…
Mumbai, May 8 (IANS) Indian benchmark indices ended lower on Friday as renewed tensions between the United States and Iran dampened investor sentiment and triggered caution across sectors. The selloff was largely led by banking stocks, while gains in IT shares helped limit the downside.The Nifty ended 150.50 points or 0.62 per cent down at 24,176.15 and the Sensex ended 516.33 points or 0.66 per cent down at 77,328.19.Commenting on Nifty technical outlook, experts said that the 24,250–24,300 l…
Mumbai, May 4 (IANS) Indian equity benchmarks ended higher on Monday but pared early gains to close off the day’s highs, as weakness in IT and banking stocks weighed on sentiment amid volatility linked to ongoing election results.The Sensex rose 356 points, or 0.46 per cent, to settle at 77,269.40, while the Nifty gained 121.75 points, or 0.51 per cent, to close at 24,119.30.Commenting on Nifty technical outlook, experts said that from a derivatives perspective, the structure remains clearly d…
New Delhi, May 1 (IANS) Crude oil prices rose on Friday as efforts to resolve the Iran crisis reached a stalemate, with Tehran continuing to block the Strait of Hormuz and Washington restricting Iranian crude exports.Brent futures for July on Intercontinental Exchange gained $0.81, or 0.73 per cent, to $111.21 a barrel, while West Texas Intermediate rose 31 cents, or 0.30 per cent, to $105.37. Both benchmarks have posted gains for four consecutive months, analysts noted.Brent crude oil had cross…
Mumbai, April 23 (IANS) Global oil prices edged higher on Thursday due to a stalemate over the next round of peace talks between the United States and Iran that kept the energy artery Strait of Hormuz effectively closed.The June contract for Brent on the Intercontinental Exchange traded at $103.35 a barrel in morning trade, up around 4 per cent from the previous close. Meanwhile, the June futures contract for West Texas Intermediate on the New York Mercantile Exchange (NYMEX) rose 1.62 per cent …
New Delhi, March 19 (IANS) Oil prices jumped more than 4 per cent on Thursday over attacks on key energy infrastructure in West Asia.The April contract of Brent crude on the Intercontinental Exchange was trading at $111.78 per barrel, up 4.10 per cent from its previous close. Meanwhile, the April contract of West Texas Intermediate (WTI) on NYMEX rose 3.37 per cent to $99.57 per barrel.Oil surged after Israel’s strike on Iran’s South Pars gas field — the world’s largest. Iran retaliated,…
New Delhi, March 6 (IANS) After a surge of over 15 per cent since last week when the US-Israel and Iran war began, oil prices dropped early on Friday after the US said it would allow a 30-day waiver for Indian refiners to purchase Russian oil stranded at sea.The April contract of the benchmark Brent crude on the Intercontinental Exchange was trading at $84.21 per barrel, down by 1.52 per cent from its previous close. The West Texas Intermediate on the Intercontinental Exchange fell 2.10 per cent…
New Delhi, March 5 (IANS) Gold and silver prices surged significantly on Thursday amid escalating conflict in the Middle East, pushing investors toward safe‑haven assets.MCX gold April futures gained 0.31 per cent to Rs 1,62,018 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.50 per cent to Rs 2,69,551 per kg.Earlier in the day silver prices on MCX had jumped 3.3 per cent while gold advanced over 1 per cent but later dipped over mild profit booking.Spot silver jum…
New Delhi, March 5 (IANS) Amid escalating Middle East tensions, crude oil prices went up more than 2 per cent on Thursday over supply constraints as Strait of Hormuz was closed by Iran.In the early morning trade, the April contract of the benchmark crude on the Intercontinental Exchange was trading at $83.26 per barrel, up by almost 2.43 per cent from its previous close. The April contract of West Texas Intermediate on the NYMEX went up 2.63 per cent to $76.63 per barrel.According to reports, a …