Business


SPDR S&P Aerospace & Defense ETF (XAR) Showing Signs of Potential Bullish Momentum

Some investors may be struggling after adding the wrong stocks to the portfolio. Sometimes that news will be relevant, but other times it will just be noise. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold.


Nifty at day's low; Bank Nifty down by 100 points

Nifty at day's low; Bank Nifty down by 100 points

At 0935 hours, Sensex was trading at 31,645.78 points, down 276.66 points or 0.87%, while Nifty 50 lost 73 points or 0.73%, trading at 9,891.40 points. Modi is expected to make a huge announcement on reviving the economy, reports said. This development became an excuse for the market to take a breather as it was nearly moving one way up and had reached fresh life highs.


Facebook founder Mark Zuckerberg stops at Pat's King of Steaks in Philadelphia

Facebook founder Mark Zuckerberg stops at Pat's King of Steaks in Philadelphia

Since average users "don't know if you're seeing the same messages as everyone else", Zuckerberg said , Facebook will "make it so you can visit an advertiser's page and see the ads they're now running to any audience on Facebook ". IBD'S TAKE: Read IBD's The Big Picture column each day to stay on top of the market direction, a key indicator that lets you know when you can be aggressive and when you should move to the sidelines.


ED action against Karti insane mixture of falsehood, conjectures: Chidambaram

ED action against Karti insane mixture of falsehood, conjectures: Chidambaram

Earlier, on Monday, fomer finance minister termed the allegations of Enforcement Directorate in connection with Aircel-Maxis against his son Karti Chidambaram case as a "crazy mixture of falsehoods and conjectures". The central probe agency added that another Rs 26 lakh fixed deposits in the name of a firm Advantage Strategic Consulting Private Limited (ASCPL) has also been attached under provisions of the anti-money laundering law.This firm is allegedly linked to Karti Chidambaram.


UK Labour Pledges 'Battle' Over Workers' Rights After Brexit

UK Labour Pledges 'Battle' Over Workers' Rights After Brexit

Shadow chancellor John McDonnell has conceded that Labour's Mayor of Greater Manchester Andy Burnham "has got a point" when he warns that the party is too "London-centric". Labour said it estimated 433,000 people who took out credit cards since 2010 have already paid total interest and other charges exceeding the full amount they borrowed.