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夜上海论坛

US Stocks: Wall Street ends busy post-summer session in the red

Wall Street’s main indexes closed lower on Tuesday, the first session after the U.S. Labor Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading. A survey from the Institute for Supply Management (ISM) showed the U.S. services industry picked up in August for the second straight month amid stronger order growth and employment, while supply bottlenecks and price pressures eased. However, numbers from S&P Global showed the services sector Purchasing Managers’ Index fell short of flash estimates for August. A stronger-than-expected reading on the U.S. services sector fueled expectations that the Federal Reserve will keep …

夜上海论坛

Reliance, Cipla, NHPC, Lemon Tree, Canara Bank, NDTV, Ultratech Cement, Adani Enterprises stocks in focus

Indian share market is expected to open in the red as trends in the SGX Nifty indicate a negative start for benchmark indices BSE Sensex and NSE Nifty 50 with a loss of 215 points. “Nifty might continue with its consolidation as global economic data points towards weakness, while brent crude has again crossed $100/bbl and dollar index continues to remain firm at 108 levels. On the other hand, FII buying amidst weak global cues and revival of demand ahead of festive season is providing support at lower levels to the market. The big event of US Fed Jackson Hole …

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