Global Market : Gift Nifty declined by more than 100 points. There is also pressure in Asia. On the other hand, Dow Jones slipped more than 300 points in America. But Nasdaq and S&P managed to shut down at record high. Yesterday Nvidia closed at record high. Dow Jones closed 300 points yesterday. The IBM stock closed down 8% yesterday. Dow Jones has 4% weightage of IBM shares.
Trump’s fed tour
He is the first President to visit 2 decades. Trump said there is no tension with Jerol Powell. It is not necessary to dismiss Powell. Would like to cut the price rates.
Intel disappointed?
The company’s income in Q2 was $ 12.86 billion. The market expected an income of $ 11.92. The loss in Q2 has increased to $ 2.9 billion. Q3 is expected to income $ 13.10 billion. In Q3, the company is prone to pressure from the margin. CEO said the company would further cut expenses.
Meem Stock came back?
The Healthcare Triangle climbed 115% in a day. The share closed at $ 0.05/shares. Trade took place in 3 billion shares. Trade shares worth $ 150 million.
Asian market
Meanwhile, today the Asian markets are seeing business with a decline. Gift Nifty is showing a decline of 100.50 points. At the same time, Nikkei falls around 41,590.00 with a decline of about 0.57 per cent. At the same time, the Straight Times is showing a weakness of 0.35 percent. Taiwan’s market is trading at a level of 23,414.75, climbing 0.18 per cent. While Hangseng is seen by 0.88 per cent to 25,441.00. At the same time, Kospi is trading with an increase of 0.31 percent. At the same time, Shanghai Composite is seen by 0.24 per cent to 3,596.90.