US stocks fall to close out best two-year stretch since 1998
Financial Express Mumbai|January 02, 2025
US STOCKS DECLINED in the final session of the year but still closed out the best two-year run since 1998. The S&P 500 Index fell 0.4% in its fourth down day, the longest losing streak to end a year since 1966. The Nasdaq 100 declined 0.9% and the Dow Jones Industrial Average fell 0.1%. The Russell 2000 Index rose 0.1%.
SIDHARTHA SHUKLA

S&P 500 Index has surged 23% this year, stoked mostly by the hype around artificial intelligence breakthroughs. But gains slowed in the final quarter of the year, as the pace of the rally raised concerns and investors grew jittery about factors such as President-elect Donald Trump's protectionist policies and the possibility of fewer interest-rate cuts from the Federal Reserve.

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Microsoft to spend $80 billion on AI data centers this year
Financial Express Mumbai

Microsoft to spend $80 billion on AI data centers this year

MICROSOFT CORP PLANS to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.

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January 05, 2025
S Korea investigators ask acting prez to clear way for Yoon's arrest
Financial Express Mumbai

S Korea investigators ask acting prez to clear way for Yoon's arrest

SOUTH KOREAN INVESTIGATORS again asked the country's acting president on Saturday to order the presidential security service to comply with an arrest warrant for impeached President Yoon Suk Yeol.

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January 05, 2025
Chinese Dam on Table for Sullivan's India Visit
Financial Express Mumbai

Chinese Dam on Table for Sullivan's India Visit

AI, civilian nuclear cooperation, space may also be taken up

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1 min  |
January 05, 2025
Mike Johnson Re-elected US House Speaker
Financial Express Mumbai

Mike Johnson Re-elected US House Speaker

Republican Congressman Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.

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1 min  |
January 05, 2025
No jail time for Trump, suggests judge in US hush money case
Financial Express Mumbai

No jail time for Trump, suggests judge in US hush money case

Will keep fighting, says communications director Cheung

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1 min  |
January 05, 2025
Border-Gavaskar Trophy: As Bumrah leaves, 'captain' Kohli calls the shots
Financial Express Mumbai

Border-Gavaskar Trophy: As Bumrah leaves, 'captain' Kohli calls the shots

Kohli took charge after Bumrah left bowling due to spasm

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3 mins  |
January 05, 2025
Rohit clears the air: Not going anywhere
Financial Express Mumbai

Rohit clears the air: Not going anywhere

Says those on outside can't influence when he stops playing

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2 mins  |
January 05, 2025
Worrying signs from the Arctic
Financial Express Mumbai

Worrying signs from the Arctic

Scientists say fires in the region could have major consequences

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2 mins  |
January 05, 2025
Big rockets, a telescope & big changes in space await in 2025
Financial Express Mumbai

Big rockets, a telescope & big changes in space await in 2025

Some key events to look forward to in space & astronomy

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4 mins  |
January 05, 2025
Dr Manmohan Singh, RIP
Financial Express Mumbai

Dr Manmohan Singh, RIP

The present generation (born after 1991) scarcely believes that there was an India with one television channel, one car, one airline, one telephone service provider, trunk calls, PCO/STD/ISD booths and long waiting lists for everything from two-wheelers to train tickets to passports. The seeds of change were sowed by Dr Singh, a fact belatedly acknowledged by Prime Minister Modi's tribute to him and the Cabinet resolution.

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4 mins  |
January 05, 2025