NaMaste!!!
US Markets in Detail...
Have A Great Weekend!!!
SGX: 17,340 (-84) (-0.48%)
Provisional Cash Rs. In Crs. (5th Aug)
FIIs +1,606 (8,349 – 6,743)
DIIs -496 (7,261 – 7,757)
Today’s Major Corporate Results:
AMARAJABAT, BIRLACORPN, BPCL, HINDPETRO, IOB, IPL, JAGRAN, MGL, ROSSARI, SBIN, TARSONS, TEGA, VINATIORGA, etc
Sensex: 58,388: +89: +0.15%
Nifty: 17,398: +16: +0.09%
BankNifty: 37,921: +165: +0.44%
NiftyIT: 29,974: +191: +0.64%
MIDCAP: 24,479: +21: +0.09%
Dow: 32,803: +77: +0.23%
S&P: 4,145 (-7) (-0.16%)
Nas: 12,658 (-63) (-0.50%)
Brazil: 106,472: +580: +0.55%
Ftse: 7,440 (-8) (-0.11%)
Dax: 13,574 (-89) (-0.65%)
Cac: 6,472 (-41) (-0.63%)
MOEX: 2,054 (-62) (-2.94%)
WTI Oil: $89.01: +0.53%
Brnt: $94.92: +0.85%
Gold: $1,791 (-16) (-0.87%)
Silver: $19.84: +1.39%
Copper: $355: +7: +2.03%
Copper (LME): $7,728: +50: +0.65%
Alluminum (LME): $2,403: +25: +1.05%
Zinc (LM): $3,451: +174: +5.29%
Tin (LME): $24,545: +300: +1.24%
Eur-$: 1.0183
GBP-$: 1.2073
Jpy-$: 135.01
Re: 79.2413 (-0.29%)
USD- RUB: 61.0135 (-1.23%)
US10yr: 2.83%
GIND10YR: 7.300: +2%
$ Index: 106.5770: +0.84%
US Vix: 21.15 (-1.35%)
India Vix: 18.91 (-1.82%)
BalticDry: 1,603 (-128) (-7.39%)
*ADR/GDR*
Cogni (-0.03%)
Infy: +0.79%
Wit (-0.36%)
IciciBk: +2.02%
HdfcBk: +0.61%
DrRdy: +0.42%
TataMo (-1.18%)
TatSt (-0.37%)
Axis: +1.10%
SBI (-0.60%)
RIGD (-2.17%)
INDA (-0.56%) (IShares MSCI INDIA ETF)
INDY (-0.27%) (IShares MSCI INDIA 50 ETF)
EPI (-0.50%) (Wisdom Tree India Earning)
PIN (-0.61%) (Invesco India Etf)
*The S&P 500 ended lower on Friday, weighed down by Tesla and other technology-related stocks after a solid jobs report torpedoed recent optimism that the Federal Reserve might let up its aggressive campaign to reign in decades-high inflation. Nasdaq Composite, S&P 500 decline Friday, but book another week of gains. Data showed U.S. employers hired far more workers than expected in July, the 19th straight month of payrolls expansion, with the unemployment rate falling to a pre-pandemic low of 3.5%.*
Losses were offset by bank stocks, which rose on hopes that interest rate hikes will continue at a solid clip. Energy stocks also gained, but technology companies slumped.
U.S. stocks closed mostly lower Friday, though closed at days high after a much stronger-than-expected reading on July employment reinforced expectations for the Federal Reserve to keep aggressively raising interest rates in its bid to rein in inflation.
*The strong jobs report validated the Fed’s view of a resilient economy that can withstand additional interest-rate hikes. Traders have now recalibrated expectations for Fed policy, with a hike of three-quarters of a percentage point the more likely scenario at the September meeting as the central bank battles inflation.*
Surging inflation, the war in Ukraine, Europe's energy crisis and COVID-19 flare-ups in China have rattled investors this year.
A largely upbeat second-quarter earnings season has helped the S&P 500 bounce back by about 13% from its mid-June lows after a rough first-half performance.
*The gap between 2-year Treasury yields and 10-year Treasury yields snapped to the widest since the year 2000 in Friday trading.*
*Both yields rose after the strong July jobs report ignited worries the Federal Reserve would be more aggressive about hiking interest rates to combat inflation.*
*The two yields were about 40 basis points apart, with the 2-year higher than the 10-year. When the shorter duration yield is higher, it is viewed by Wall Street as a recession warning.*
*The last time it was this inverted in 2s/10s, you have to go back to 2000, and that was a much different overall rate environment. We got as inverted as negative 56 during that episode.*
Oil prices eked out a slight gain on Friday, but ended the week sharply lower as recession fears and concerns around a slowdown in demand weighs.
*The second-quarter earnings season is winding down with 87% S&P 500 companies having reported results. Among those firms, 75% reported a positive EPS surprise, according to FactSet.*
By: via @AlliesFin Serve Stock Market
