The Economic Times

US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S

* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports stability in personal financial situations (Adds graphics)

Citigroup strategists downgraded US stocks to neutral from overweight, saying they wanted to see cleaner investor positioning and more stable sentiment towards artificial intelligence stocks following a sharp sell-off driven by concerns about surging AI spending and tighter regulation, Reuters reported.We worry that positioning on key indices, such as the Nasdaq, could reset lower into net-short territory, strategists led by Beata Manthey said in a note on Monday.For live updates on US Markets,

US stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered from last week's sell-off. The Dow Jones jumped more than 1,000 points, the S&P 500 gained 2.17%, and the Nasdaq rose 2.51%. AMD and Tesla led major stock gains, but Nvidia fell nearly 5%

The decision by the Trump administration to launch perpetual futures has sparked significant worry among market stakeholders. Leaders from established exchanges contend that these offerings might disrupt existing market dynamics and risk assessment practices. They claim that perpetual futures ought to be categorized as swaps due to their unique trading characteristics. Moreover, ongoing trading raises alarm about liquidity and counterparty risk, especially in turbulent market conditions.

After a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly awaiting the upcoming consumer price index data, a key factor for Federal Reserve rate considerations. Meanwhile, the euro and other currencies are rebounding against the dollar, backed by solid economic indicators.

US President Donald Trump renewed baseless allegations of voter fraud Monday, questioning the legitimacy of last week's midterm elections after Democrats swept both chambers of Congress in a crushing defeat for his Republican Party.Does anybody really believe that this 'Election' was honest. How could the Polls be so wrong??? Trump wrote on Truth Social, alleging without evidence that large early voting dumps had made Republican victories impossible.It's all about the machines, which are far mor

Wall Street's main indexes opened higher on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO

Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.

Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.

Saina Nehwal was elected as one of four female Sportspersons of Merit in a recent election. Anju Bobby George, Rani Rampal, and Dola Banerjee also secured their positions as SOMs. PT Usha, the Indian Olympic Association President, received fewer votes and did not win a seat. Controversies emerged during the elections, leading to complaints about conduct and influence.

Delhi Police officials visited Mamata Banerjee's residence to serve a notice related to a 2013 case. This case involved allegations including rioting, unlawful assembly, and obstruction of public servants. The notice was issued under Section 160 of the Code of Criminal Procedure. It pertains to various sections of the Indian Penal Code associated with the mentioned offenses. Kolkata Police confirmed the visit and the details surrounding the notice served.

Sebi has granted approval for initial public offerings from six companies across various sectors. Companies like Mahanadi Coalfields and Sagar Defence Engineering are set to enter the stock market soon. The IPOs include both offers for sale and fresh issue components to raise significant funds. These approvals come amid increasing investor interest in diverse industries such as defence and pharmaceuticals.

Nvidia CEO Jensen Huang has admitted to being unfaithful to his wife, drawing fresh attention to former Megaspeed executive Alice Huang. As questions over her alleged links to Chinese intelligence remain unresolved, Nvidias board has launched an investigation and Republican lawmakers are seeking answers from the CEO.

New Delhi: A thick layer of smog hung over parts of north India on Monday, a day after Diwali celebrations during which crackers were burst beyond permitted hours, pushing air quality to alarmingly high levels.Delhi, Haryana, Punjab and Western Uttar Pradesh's Air Quality Index (AQI) levels were well above 350, falling into the 'very poor' range.Also Read: 'Data eclipse': Questions over Delhi AQI data as several monitoring stations go offline on Diwali nightOn Sunday, Delhi recorded its most pol

Karnataka Chief Minister DK Shivakumar denied differences with Congress leader Siddaramaiah, saying there was neither a big rift nor a small rift between them. He accused opponents of spreading rumours of discord.

Delhi recorded its most polluted Diwali in five years, with the average AQI touching 376, but questions have emerged over the reliability of official data after 36 of its 59 monitoring stations stopped reporting readings at 1 am during peak pollution hours. Private platforms reported significantly higher pollution levels, with AQI.in recording a peak of 2,283.

Nvidia CEO Jensen Huang had a close relationship with alleged Chinese spy Alice Huang. Now, the investigation into the matter will be overseen by a committee of independent directors. The latest developments have brought back attention to Jensen Huang's family, including his wife, and two children, Spencer and Madison.

Nvidia stock today: Nvidia shares fell 4.5% in premarket trading on Monday, November 9, even as Wall Street futures pointed higher after last week's sell-off. NVDA slipped to around $178.21 from Friday's close of $186.64. Dow futures gained 0.73%, S&P 500 futures rose 0.40% and Nasdaq 100 futures added 0.21%. The latest pressure followed Jensen Huang's affair admission and a board probe over alleged Chinese espionage.

Nvidia Jensen Huang Megaspeed investigation: An anonymous employee cited by short seller Culper Research has claimed Alibaba was the end customer behind a data centre project involving YTL and Megaspeed. The allegation adds to scrutiny of Megaspeeds Nvidia-powered cloud business as the chipmakers board investigates national security concerns involving CEO Jensen Huang.

Indian government bond yields extended their rally on Monday, with the benchmark 10-year yield falling nearly 4 basis points as easing crude oil prices and hopes of a US-Iran peace deal improved sentiment. Investors are now watching US and Indian inflation data for cues on the outlook for interest rates.

The government may announce Budget 2027-28 support measures to boost domestic manufacturing of 100 products, including auto components, chemicals and machinery, to reduce import dependence. DPIIT has identified the products after consultations with ministries and industry.

The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections may result in reduced data center spending. Despite recent declines, the technology sector remains dominant within the S&P 500 index. Upcoming technology earnings reports and the potential IPO of AI lab Anthropic are closely watched by investors.