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Time of India
4 days ago
- Business
- Time of India
US Stock market prediction: Will Wall Street perform in green on Monday?
US Stock Market 's strength will be tested as earnings season heats up. Momentum for the industrials sector and the broader market will be in focus with a heavy upcoming week of second-quarter earnings, which includes reports from more than one-fifth of the S&P 500, led by Alphabet and Tesla, the first of the "Magnificent Seven" megacap tech and growth companies to report. The S&P 500 has surged 26 per cent since April, as investors shook off fears about a recession which had stemmed from President Donald Trump's "Liberation Day" tariff announcement. Explore courses from Top Institutes in Select a Course Category Data Science Data Science Product Management Operations Management others Design Thinking CXO Finance Technology Artificial Intelligence MBA Project Management MCA Healthcare Data Analytics Cybersecurity PGDM healthcare Degree Digital Marketing Management Leadership Public Policy Others Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details This earnings season "seems to be especially important because of the rebound that the market has had," said Chuck Carlson, chief executive officer at Horizon Investment Services. "I would think that that has built in a fair amount of optimism in terms of earnings." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About Youtube Undo A number of industrials will be in the earnings spotlight as well. Aerospace and defense stocks have boosted the sector's performance this year, driven by heightened geopolitical tensions in the Middle East and Ukraine and fresh spending commitments by Germany and other nations. Live Events The S&P 500 aerospace and defense industry group has surged 30 per cent this year. Defense companies to report in the coming week include RTX, Lockheed Martin and General Dynamics. GE Aerospace, whose shares have soared about 55 per cent this year, raised its 2025 profit forecast on Thursday. Another industrial company spun off from legacy General Electric last year, GE Vernova, has seen its shares skyrocket over 70% this year, making it the best-performing industrial sector stock. The power equipment maker's results are due Wednesday. The push for reshoring infrastructure and expansion of artificial intelligence, which has lifted demand for cooling systems and factory automation, are two themes that have supported a number of stocks in the industry, including Eaton and Rockwell Automation, said Robert Pavlik, senior portfolio manager at Dakota Wealth Management. Another stock that has supported the industrial sector this year: Ride-hailing giant Uber, whose shares are up roughly 50 per cent. "Unlike many non-Tech groups, there are a lot of solid stories here that don't rely on macro forces to deliver solid forward returns," Nicholas Colas, co-founder of DataTrek Research, said in a note on Wednesday. Large cap industrials still look attractive despite the group's recent run, Colas said. Indeed, while industrials have been viewed historically as closely tied to the fortunes of the economy, declines for a number of growth-cycle-linked stocks have weighed on the sector's performance. Shares of package delivery firms UPS and FedEx have posted sharp declines, while airlines including United Airlines and trucking companies such as JB Hunt Transport Services are also negative for the year. "There are economically sensitive (areas) within industrials that are not doing well," said Walter Todd, chief investment officer at Greenwood Capital. Other industrial companies slated to report in the coming week are Honeywell , Union Pacific and United Rentals. Beyond earnings, Wall Street will continue to focus on any developments on trade ahead of August 1, when higher U.S. tariffs on numerous trading partners are set to take effect. Investors will also be sensitive to news on the Federal Reserve, with Fed Chair Jerome Powell facing fresh pressure from Trump to resign as the president presses the central bank to lower interest rates. The Fed's next monetary policy meeting is July 29-30. The S&P 500 has climbed about 7 per cent so far this year. FAQs Q1. What are key indexes of US Stock Market? A1. Key indexes of US Stock Market are S&P 500, Dow Jones, and Nasdaq . Q2. How has S&P 500 performed? A2. The S&P 500 has climbed about 7 per cent so far this year.
Yahoo
6 days ago
- Business
- Yahoo
Space ETFs That Can Launch Your Portfolio Higher
From cutting-edge innovation to surging investor enthusiasm, the space economy is taking off. The S&P Kensho Space Index's strong lead over the S&P 500 highlights rising investor confidence and bullish market sentiment. The space index has added 51.99% over the past year and 22.26% year to date, significantly outpacing the broad market index, which has gained 12.69% and 7.07% over the same period, respectively. Increasing investor interest in the sector is mainly driven by rising demand for advanced defense systems and cybersecurity infrastructure. Experts project the global space economy to nearly triple by 2035, reaching an estimated $1.8 trillion, according to Statista. The blend of space exploration, tourism and practical satellite applications offers a compelling case for investors. Investment Opportunities in the Militarization of Space Space is becoming integral to defense operations. As modern warfare evolves and with the rise of drones, it's increasingly likely that economies will expand their defense capabilities through the development of their own space-based arsenal. President Trump's proposed $175 billion Golden Dome missile defense concept highlights this fact. The United States is not the only one looking to increase investments in the militarization of space. In addition to the Golden Dome, according to CNBC, Europe's 'ReArm' initiative and NATO's proposal to raise defense spending to 5% of GDP signal a new era of military investment, giving space budget a significant lift. With global defense spending on the rise and investor appetite shifting toward stable, high-growth sectors, space-focused ETFs are gaining momentum. Space Tourism Taking Flight A rising interest among adventure seekers, the enthusiasm of high net worth Individuals for space travel and heightened investment in research and development by both governmental and private entities are the driving forces behind space tourism. According to Grand View Research, the global tourism market is projected to reach $10.09 billion by 2030, expanding at a CAGR of 44.8% from 2024 to 2030. Helping in Climate Control Space technologies are taking on a pivotal role in climate control. With global investments increasingly prioritizing climate control, advancements in the broader space economy hold further promise. Already integral to disaster warning and management, space technology's role is expected to expand significantly with improved climate disaster monitoring, resilient communication network access and optimized tracking through satellite positioning data. ETFs to Explore With growing interest in interstellar exploration and growing capital infusion in the space sector, increasing exposure to funds covering the space economy can be beneficial. Additionally, the shift in warfare technology resulting in the militarization of space, a trend already gaining momentum, could also increase investments in the space economy. Although space ETFs carry higher volatility, they offer distinct long-term growth potential. Below, we highlight a few funds that investors can consider to gain increased exposure to the space economy. Investors can consider ARK Space Exploration & Innovation ETF (ARKX), Spear Alpha ETF (SPRX), Procure Space ETF (UFO) and SPDR S&P Kensho Final Frontiers ETF (ROKT). With a one-month average trading volume of 247,000 shares, ARKX is the most liquid option, ideal for active trading strategies. However, to fully benefit from the sector's growth trajectory, a long-term investment approach is recommended. ARKX has also gathered an asset base of $385.2 billion, the largest among the other options. Performance-wise, SPRX has outpaced other funds significantly, gaining 23.96% over the past month, with ARKX coming in second, adding 12.19% over the past month. Regarding annual fees, ROKT is the cheapest option, charging 0.45%, which makes it more suitable for long-term investing. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Procure Space ETF (UFO): ETF Research Reports SPDR S&P Kensho Final Frontiers ETF (ROKT): ETF Research Reports ARK Space Exploration & Innovation ETF (ARKX): ETF Research Reports Spear Alpha ETF (SPRX): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
7 days ago
- Business
- Business Standard
Sensex, Nifty trade in negative terrain; consumer durables shares tumble
The domestic equity benchmarks traded with substantial losses in mid-afternoon trade. The Nifty traded below the 25,000 level. Consumer durables shares declined after witnessing buying demand in the past four trading sessions. At 14:25 IST, the barometer index, the S&P BSE Sensex declined 500.66 points or 0.61% to 81,764.54. The Nifty 50 index slipped 137.15 points or 0.55% to 24,974.20. In the broader market The S&P BSE Mid-Cap index shed 0.51% and the S&P BSE Small-Cap index declined 0.61%. The market breadth was weak. On the BSE, 1,526 shares rose and 2,443 shares fell. A total of 178 shares were unchanged. Buzzing Index: The Nifty Consumer Durables declined 0.84% to 38,671.95. The index increased 2.36% in the past four trading sessions. PG Electroplast (down 2.14%), Blue Star (down 2.01%), Cera Sanitaryware (down 1.69%), Crompton Greaves Consumer Electricals (down 1.47%), Kalyan Jewellers India (down 1.42%), Century Plyboards (India) (down 0.92%), Voltas (down 0.86%), Havells India (down 0.85%), Bata India (down 0.77%) and Titan Company (down 0.74%) declined. Numbers to Track: The yield on India's 10-year benchmark federal paper declined 0.06% to 6298 compared with previous close of 6.303. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.1700 compared with its close of 86.1200 during the previous trading session. MCX Gold futures for 5 August 2025 settlement rose 0.40% to Rs 97,865 The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.33% to 98.32. The United States 10-year bond yield fell 0.49% to 4.442. In the commodities market, Brent crude for September 2025 settlement advanced 22 cents or 0.32% to $69.74 a barrel. Stocks in Spotlight: Garuda Construction and Engineering zoomed 16.87% after the company reported a consolidated net profit of Rs 27.99 crore in Q1 FY26, which is nearly 3 times the PAT of Rs 8.64 crore recorded in Q1 FY25. Revenue from operations for the first quarter aggregated to Rs 125.15 crore, up 3.6 times on year-on-year (YoY) basis. Revenue in the same period last year was Rs 35.12 crore. LTIMindtree declined 1.20%. The company reported a 11.13% jump in consolidated net profit to Rs 1,254.10 crore on 0.71% increase in revenue from operations to Rs 9,840.60 crore in Q1 FY26 over Q4 FY25.
Economic Times
17-07-2025
- Business
- Economic Times
50 developing nations back India's push for fairer WTO fish subsidy rules
Synopsis Around 50 developing nations support India's stance on fisheries subsidies at the World Trade Organization. India advocates for per capita subsidies and special treatment for its fishermen. They seek a 25-year exemption from subsidy cuts. WTO members are negotiating Fish 2 to curb overfishing subsidies. India emphasizes sustainability over market access. Reuters FILE PHOTO: A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022. REUTERS/Denis Balibouse/File Photo New Delhi: Around 50 developing and least developed countries (LDC) including Tunisia, Senegal, Bangladesh and Morocco have aligned with India on measures to curb harmful fisheries subsidies at the World Trade Organization (WTO).India wants the subsidies to be on a per capita basis instead of the aggregate level of subsidisation and based on the special and differential treatment (S&DT) principle to safeguard the livelihood of its small and artisanal fishers, officials wants 25 years exemption from any subsidy cuts to protect its poor fishermen while the developed nations insist on a five-seven year transition period."The LDC group and other developing nations are in support of our stance on fisheries subsidies. If there are no disciplines and S&DT, then what will we do with a new agreement," said an official, who did not wish to be identified WTO members are working on Fish 2 or "second wave" to curb subsidies that lead to overfishing and overcapacity. The support for India's stance comes amid 105 WTO members ratifying the first edition of the agreement on fisheries subsidies which put into place binding rules to curb harmful subsidies. It prohibits subsidies for illegal, unreported and unregulated fishing, for fishing overfished stocks and for fishing on the unregulated high first agreement will come into force after it is ratified by 111 Fish 2, India has insisted on sustainability rather than market access in the guise of sustainability, according to the the disparity between the high fisheries subsidies of $76,000 per fisher per year given by developed countries and $35 that India gives, the government has said that poorer countries shouldn't be unreasonably burdened and the historically large subsidising countries should not benefit at the cost of developing countries including the LDCs.
Business Standard
17-07-2025
- Business
- Business Standard
Sensex drops 133 pts; PSU bank shares slides
The headline equity benchmarks traded with minor losses in early afternoon trade. The Nifty traded below the 25,200 level. PSU Bank shares slipped after advancing for previous three trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex declined 133.20 points or 0.16% to 82,500.30. The Nifty 50 index fell 32.20 points or 0.13% to 25,179.35. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.09% and the S&P BSE Small-Cap index added 0.31%. The market breadth was positive. On the BSE, 1,915 shares rose and 1,969 shares fell. A total of 208 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.46% to 11.19. The Nifty 31 July 2025 futures were trading at 25,232.30 at a premium of 52.95 points as compared with the spot at 25,179.35. The Nifty option chain for the 31 July 2025 expiry showed a maximum call OI of 53.8 lakh contracts at the 25,500 strike price. Maximum put OI of 59.2 lakh contracts was seen at 25,000 strike price. Buzzing Index: The Nifty PSU Bank index shed 0.86% to 7,205.05. The index added 0.72% in the previous three trading sessions. Union Bank of India (down 1.76%), Bank of India (down 1.46%), Canara Bank (down 1.26%), Punjab National Bank (down 1.24%), Bank of Baroda (down 1.08%), Indian Bank (down 1.04%), Punjab & Sind Bank (down 0.79%), UCO Bank (down 0.18%) declined. On the other hand, Central Bank of India (up 0.62%), Indian Overseas Bank (up 0.53%) and State Bank of India (up 0.35%) edged up. Stocks in Spotlight: Maruti Suzuki India rose 0.80%. The company has announced a price hike for Baleno and Ertiga models after adding six airbags as standard safety feature. According to the automaker, the inclusion of additional airbags has led to a 1.4% rise in the ex-showroom price of the Ertiga, while the Baleno will see a more modest increase of 0.5%.
