Traders work on the floor of the New York Stock Exchange (NYSE), Aug. 3, 2021. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were higher in early morning trading on Wednesday after the S&P 500 notched a seven-month win streak in August. Dow Jones Industrial Average futures...
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NEW DELHI: Mirae Asset Investment Managers on Wednesday launched a New Fund Offer (NFO) for an exchange traded fund (ETF) that will invest in top 50 mega-cap companies of the US that are also part of S&P 500 index. Mirae Asset S&P 500 Top 50 ETF, an open-ended scheme,...
NEW DELHI: Gold prices in India edged lower on Wednesday, following global trends after a 20.1 per cent jump in India’s GDP in June 2021 quarter. Investors await a key US jobs report for clues on when the Federal Reserve might start reducing its pandemic-era stimulus measures. Gold futures...
Investors looking for core international equity allocation can consider the passive new fund offer (NFO) of Mirae Asset S&P 500 Top 50 ETF or its Fund of Fund (FoF). Given the sharp run-up in equities and the rich valuations, investors could stagger their investments through a systematic investment plan...
Mumbai: The board of Naveen Jindal-led & Power approved a proposal to raise funds of up to $1 billion (Rs 7,347 crore) through non-convertible, senior, unsecured bonds. “The board… has approved a potential fundraising, including by way of issuance of non-convertible, senior, unsecured, fixed/LIBOR rate notes denominated in foreign...
MELBOURNE: prices were stable on Wednesday ahead of an OPEC+ meeting, at which major producers will decide whether to go ahead with their plan to add supply while COVID-19 cases soar in Asia and US refiners assess flood damage in the wake of Hurricane Ida. The Organization of the...
Gold prices held steady on Wednesday as investors awaited a key US jobs report for clues on when the Federal Reserve might start reducing its pandemic-era stimulus measures. FUNDAMENTALSSpot gold was steady at $1,813.93 per ounce by 0109 GMT. US gold futures were down 0.2% to $1,815.10. The index...
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