आपकी जीत में ही हमारी जीत है
loading...
01:45 AM | Fri, 09 Dec 2016

Download Our Mobile App

Download Font

282 Days ago

New York, March 2 (IANS) US stocks opened higher on Tuesday, the first trading day of March, as oil continued to recover and investors expected a further easing of monetary policies due to weak economic data.

Oil prices rose on Tuesday on the prospects of higher demand, with the West Texas Intermediate for April delivery up over 1 percent above $34 a barrel in the early trade trading, Xinhua reported.

Global stocks rallied after downbeat manufacturing data out of the euro zone bolstered the cases of central banks to extend stimulus plans.

The data will likely give the US Federal Reserve pause as it deliberates on if and when it will further increase interest rates.

"At this moment, I judge that the balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside, William Dudley, New York Fed president, said at a conference in China.

Chinese stocks rose and regained the 2,700-point mark on Tuesday, after the country announced a cut in its reserve requirement ration (RRR) and weaker-than-expected manufacturing data. (IANS)

Viewed 66 times
  • SHARE THIS
  • TWEET THIS
  • SHARE THIS
  • E-mail
You might also want to read

Our Media Partners

app banner

REVOLUTIONARY ONE-STOP ALL-IN-1 MARKETING & BUSINESS SOLUTIONS

  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors
    Wholesalers
    Manufacturers

  • Hotels
    Restaurants
    Entertainment

  • Doctors
    Chemists
    Hospitals

  • Agencies
    Brokers
    Consultants

  • Coaching Centres
    Hobby Classes
    Institutes

  • All types of
    Small & Medium
    Businesses

  • All types of
    Service
    Providers

FIND OUT MORE