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US stocks open lower as fears of hawkish Fed grow

Updated at : 2023-02-17 21:20:04

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The Dow Jones Industrial Average fell 19.84 points, or 0.06%, at the open to 33,677.01

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In a speech to financial analysts, Villeroy, who is also governor of the French central bank, said that rates would then "probably" reach their peak in the summer, at the latest by September

The 52-week high is the highest price at which a stock has traded during the last year.

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ETMarkets has identified 9 stocks with a high price range, denoted by the current market price of over Rs 5,000 per share.

Financial investors may be underestimating the persistence of inflation in the euro zone, European Central Bank board member Isabel Schnabel said in an interview published on Friday

The rupee closed at 82.83 to the dollar after touching a more than one-month low of 82.8975 on Wednesday. The unit, however, has managed to avert a further slide despite a jump in U.S. yields and a broad selloff in Asian currencies

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In the quarter gone by, the value of promoter pledged as a percentage of promoter holding in BSE500 stocks increased to 1.61% from 1.57% in the previous quarter.

These include ACC, Kotak Mahindra Bank, Canara Bank, IDBI Bank, YES Bank, Union Bank of India, Indian Hotels, Jindal Steel & Power, Shriram Finance, Trent, and Tube Investments.

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The RBI devolved 82.54 billion Indian rupees (nearly $1 billion) of the 7.26% 2033 bond on primary dealers of the total 120-billion-rupee auction size. This was the first devolvement from the central bank in five months

However, it has formed a small-bodied bullish candle on the weekly frame with bigger shadows on either side, which indicates a tug-of-war between bulls and bears near the 18000-mark, said Chandan Taparia, vice president - derivatives, Motilal Oswal Financial Services

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