Today's Stock Market: Everything You Should Know Before Investing February 16
The benchmark Nifty 50 index is showing a gap down open as the GIFT Nifty is trading 100 points, or 0.4%, lower at 25,441. In relation to a basket of major currencies, the dollar is flat. With markets closed on Presidents' Day, US stock futures saw minimal movement in muted volumes. Update on the Asian Market Following worries about disruption from the growth of artificial intelligence, Asian stocks fluctuated between slight gains and losses as the Federal Reserve's anticipated rate decrease this year was bolstered by benign US inflation statistics. SIX 2000 down 0.4%, Nikkei up 0.1% Hang Seng decreased by 0.5%. Recap of the US Market Despite hopes that the Federal Reserve may lower interest rates as a result of decreasing inflation, indexes were impacted by concerns that artificial intelligence would disrupt corporate earnings, which caused Wall Street to end its worst week since November. The Nasdaq dropped 0.2%, the Dow Jones Industrial Average increased 0.1%, and the S&...
