Connect with us

Business

US stocks end higher

Published

9 years ago

on

New York: US stocks reversed early losses to close higher as investors digested mixed economic reports.

The Dow Jones Industrial Average rose 67.78 points (0.39 percent) to 17,545.18. The S&P 500 increased 10.90 points (0.52 percent) to 2,102.44. The Nasdaq composite index jumped 43.46 points (0.86 percent) to 5,091.70, reported Xinhua.

The August 2015 Empire State Manufacturing Survey indicates that business activity declined for New York manufacturers.

The headline general business conditions index tumbled 19 points to minus 14.9, its lowest level since 2009 and well below market consensus of a 4.75 percent gain, reported the New York Fed on Monday.

Wall Street will also keep a close eye on the Fed minutes scheduled for release on Wednesday, which was expected to give more clues on the timing of an interest rate hike.

In corporate news, Tesla Motors Inc. surged 4.87 percent to $254.99 a share on Monday after Morgan Stanley raised its price target on the company to $465 per share, saying the electric car maker is poised to dominate a new era for the automobile.

Overseas, Japan’s gross domestic product shrank by an annualised 1.6 percent in the second quarter of 2015, contracting for the first time in three quarters.

European equities finished mixed on Monday as official data show the first estimate of the eurozone’s exports were up 12 percent year on year in June, with French benchmark index CAC 40 rising 0.57 percent.

The CBOE Volatility Index, often referred to as Wall Street’s fear gauge, rose 1.48 percent to end at 13.02 on Monday.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending