Dow Drops Over 1,100 Points, Hits Longest Losing Streak Since 1974
Dow Experiences Historic Decline The Dow Jones Industrial Average fell sharply on Wednesday, dropping over 1,123 points (2.6%). This marks the longest losing streak since 1974, extending its slide to 10 consecutive days. The plunge came after the Federal Reserve’s policy statement indicated
Reliance Industries Announces 1:1 Bonus Share Issue; Record Date Expected in October – Here’s What Past Trends Show
New Delhi: Reliance Industries, led by Mukesh Ambani, has approved a 1:1 bonus share issue, calling it an “early Diwali gift” for its shareholders. This announcement was first made during the company’s 47th annual general meeting held in late August. In a filing
Stock Market Update: Fluctuations in Tech Sector Amid Earnings Concerns
The stock market experienced significant volatility, particularly in the tech sector, where companies like Atlassian and Snap faced sharp declines. These drops were driven by earnings reports and forward guidance that fell short of market expectations, leading to investor concerns. Key Factors Contributing