Market correction may not be over yet

Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Correction may not be over yet

Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline of more than 2%, as lackluster Alphabet and Tesla earnings undermined investor confidence in megacap names. As the first of the Magnificent Seven stocks reported quarterly numbers, investors had been awaiting … Read more

How CrowdStrike caused a global IT meltdown and what comes next

How CrowdStrike caused a global IT meltdown and what comes next

Last week, the world faced what was likely the biggest IT failure in history. When some people around the world logged onto their laptops on Friday, they were greeted with a blue error screen on their Microsoft Windows operating system. But this was not a Microsoft issue. It was all to do with a U.S. … Read more

Oil & gas, construction and IT head FPI sell list; realty gets most inflows

Oil & gas, construction and IT head FPI sell list; realty gets most inflows

Overseas investors were sellers to the tune of ₹12,519 crore across 11 sectors between June 1 and 15, as per data from National Securities Depository Ltd (NSDL). FPIs shifted money from Oil & gas, construction, information technology and metals & mining. Oil & gas sector witnessed the largest selling by foreign investors worth ₹3,683 crore … Read more