Stocks closed mixed on Monday, with the Dow Jones Industrial Average rising 0.8% while the Nasdaq Composite fell 0.4%. The market reacted to climbing Treasury yields and a strong dollar, amid concerns over interest rates following a hot December jobs report. Oil prices reached five-month highs before paring gains due to new sanctions on Russia’s crude industry, while Moderna’s stock plunged 16% after cutting its 2025 sales forecast by $1 billion.
read moreNews from India
Generated 64 posts last weekUS Stock Markets Decline as Treasury Yields Remain Elevated
The S&P 500 and Nasdaq fell, with the S&P hitting a two-month low as elevated U.S. Treasury yields dampened investor sentiment amid concerns over inflation and delayed rate cuts from the Federal Reserve. The Dow rose, driven by gains in health care stocks following proposed Medicare reimbursement increases, while the Russell 2000 index entered correction territory. Energy stocks outperformed, buoyed by rising crude prices amid expectations of U.S. sanctions on Russian oil.
read moreFutures Decline as Investors Anticipate No Fed Rate Cuts in 2025
U.S. Treasury yields rose, with the 10-year note reaching a 14-month high of 4.805%, as investors adjusted expectations for Federal Reserve rate cuts in 2025. The S&P 500 and Nasdaq fell, with the S&P hitting a two-month low, while the Dow gained, driven by a rise in UnitedHealth Group following proposed Medicare reimbursement rate increases. The upcoming Consumer Price Index and Beige Book reports are anticipated to influence the Fed’s policy outlook.
read moreMixed Stock Market Performance Amid Rate Cut Concerns and Inflation Worries
Stocks experienced mixed results as the Dow rose 0.7%, while the S&P 500 and Nasdaq fell 0.1% and 0.7%, respectively, amid concerns over interest rate cuts following a strong jobs report. The 10-year Treasury yield reached a 14-month high, and the dollar surged against major currencies. Oil prices also climbed due to new sanctions on Russia’s crude industry, with Brent trading above $81 a barrel.
read moreMixed stock market performance as rate-cut fears impact major indices
Stocks experienced mixed results as the Dow rose 0.7%, while the S&P 500 and Nasdaq fell 0.1% and 0.7%, respectively, amid concerns over interest rate cuts. The 10-year Treasury yield reached a 14-month high, and the dollar surged against major currencies. Oil prices also climbed due to new sanctions on Russia’s crude industry, while Moderna’s stock plummeted 20% after a significant sales forecast cut.
read moreStock Market Decline Hits LIC Tata Steel and Other Stocks 52 Week Low
On January 13, 2025, the stock market faced significant pressure, with 295 securities hitting 52-week lows on the NSE. Notable declines included Life Insurance Corporation (LIC) at ₹823.7, Adani Wilmar at ₹267.1, Olectra Greentech at ₹1,268.1, and Tata Steel at ₹124.18, amid various industry challenges and competitive pressures. The NIFTY 50 index fell 1.06%, while the BSE SENSEX dropped 0.93%, reflecting widespread losses across sectoral indices.
read moreSensex Historical Trends During Kumbh Mela Festivals Show Consistent Losses
The Sensex has consistently posted negative returns during the Kumbh Mela festivals over the past two decades, with an average loss of 3.42%. Historical data shows that the highest decline occurred between July and September 2015, when it fell by 8.29%. This trend may be influenced by cultural shifts and investor behavior during the pilgrimage period.
read moreSensex Plummets Over 1000 Points Amid Global Market Turmoil
The Sensex plummeted by over 1,000 points, closing at 76,330, driven by unfavorable global cues, significant FII sell-offs, and a historic low for the rupee against the dollar. Rising Brent crude prices raised inflation concerns, while anticipation of a less favorable Union Budget added to market anxiety.
read moreBitcoin Reserves Hit Seven Year Low Amid Institutional Buying Surge
Bitcoin reserves on exchanges have plummeted to a near seven-year low of 2.35 million BTC, driven by institutional buying, raising concerns of a potential supply shock. Despite optimism for a price rally, trading activity remains low, hindering momentum to surpass the critical $100,000 resistance level. Analysts predict a possible cycle top above $150,000 by late 2025, fueled by a significant increase in the global money supply.
read moreUBS Focuses on Growth and Diversification in Asia Amid Uncertainties
Iqbal Khan, Co-Head of GWM and Head of Business Asia-Pacific at UBS, emphasized growth and diversification as key priorities during the bank’s “Greater China Conference” in Shanghai. He noted that the integration of Credit Suisse has strengthened UBS’s position in Asia, equating to years of organic growth in Wealth Management. Khan highlighted the importance of navigating uncertainties while capitalizing on emerging opportunities, particularly in light of supportive government measures in China and the evolving geopolitical landscape.
read moreIndian Railways Launches NFT Train Tickets for MahaKumbh Mela Pilgrimage
Indian Railways will issue NFT-based train tickets for the MahaKumbh Mela, a significant Hindu pilgrimage occurring once every 144 years. In partnership with Chaincode Consulting, the tickets will be minted on the Polygon blockchain, chosen for its efficiency and low fees, enhancing the travel experience for millions. This initiative follows a previous NFT ticketing campaign for Holi, showcasing India’s growing embrace of blockchain technology in cultural events.
read more