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Yuheng Zhan
27 Apr 2024, 03:28

Stock market today: Indexes jump to close best week since November as investors cheer tech earnings

Stock market today: Indexes jump to close best week since November as investors cheer tech earnings

Stock market today: Indexes jump to close best week since November as investors cheer tech earnings

US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite up more than 2%.

Global stocks rally even as Sensex, Nifty fall sharply on Friday
BI India Bureau
27 Apr 2024, 01:50

Global stocks rally even as Sensex, Nifty fall sharply on Friday

BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials and experts pointed at weak global cues for the losses on Friday. Nifty also shed over 150 points to close at 22,420. Public Sector Undertaking (PSU) stocks emerged as the winners, with "HUDCO" rising by 12 per cent. Globally, stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low.

Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble
Joe Ciolli,Filip De Mott
27 Apr 2024, 00:24

Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble

It's been an "everything buy bonds" bull rally in markets for months, but BofA is cautiously watching a couple of indicators.