Highlights

  • Markets await Federal Reserve Chairman Jerome Powell’s latest comments on inflation at the central bank’s annual Jackson Hole economic symposium
  • Saudi Energy Minister said OPEC+ may need to tighten output to stabilise the market

Latest news

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India is conducting independent and sovereign policy under leadership of PM Modi,  achieving very good results: President Putin

India is conducting independent and sovereign policy under leadership of PM Modi, achieving very good results: President Putin

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

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Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

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AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

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US markets slide 600 points, worst day since June

 S&P 500's worst decline in 2 months, while the Nasdaq underperformed as tech suffered from higher yields.

US markets slide 600 points, worst day since June

Global stock markets are feeling the jitters of uncertainty with US markets extending losses in Monday's trade.

Here is all you need to know-:

• The Dow fell 643 points, or 1.91% while the broader 500 stock gauge S&P500 dropped 2.14%

• Worst day of trading since June 16 for the Dow and the S&P 500.

• Nasdaq underperformed as tech suffered from higher yields as bets on rate hikes rise.

• All 11 sectors in the S&P 500 were in the red on Monday.

• The Dollar meanwhile continued to rally, Dollar index hit the highest level since July 14

• Risk-off tone for the markets evident as investors await the next clue from Fed Chief Powell as he addresses the Jackson Hole symposium on Friday

• Powell anticipated to reiterate fight against inflation even as growth comes under pressure.

Nifty, Sensex slide as volatility soars

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