Happy New Year 2025

Tag: stock

  • Share Market Holiday on February 19? Will Stock Market Remain Open or Closed for Shiv Jayanti 2025? Know if Trading Will Happen on NSE, BSE on Chhatrapati Shivaji Maharaj Jayanti Holiday

    Share Market Holiday on February 19? Will Stock Market Remain Open or Closed for Shiv Jayanti 2025? Know if Trading Will Happen on NSE, BSE on Chhatrapati Shivaji Maharaj Jayanti Holiday

    While the banks in India will remain open on Wednesday, February 19, 2025, in observance of Chhatrapati Shivaji Maharaj Jayanti, the stock market will be open as usual. According to the share market holiday list by NSE, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are functioning as usual. This means, trading will take place on February 19, on the occasion of Chhatrapati Shivaji Maharaj Jayanti on both stock exchanges. Bank Holiday on February 19: BankS To Remain Closed in Maharashtra on Wednesday on Occasion of Chhatrapati Shivaji Maharaj’s Birth Anniversary.

    Share Market Holiday on February 19?

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  • New York Stock Exchange announces NYSE Texas coming to Dallas

    New York Stock Exchange announces NYSE Texas coming to Dallas

    ‘The Claman Countdown’ panelists Bankim Chadha and Scott Redler analyze market metrics.

    New York Stock Exchange (NYSE) Texas, “a fully electronic equities exchange,” is coming to Dallas.

    The announcement came Wednesday, and stated the NYSE Chicago “will reincorporate in Texas and be renamed NYSE Texas,” providing companies with a new venue to list their securities.

    Several high-profile firms, including Elon Musk’s Tesla, and SpaceX, have relocated their headquarters to Texas, attracted by the state’s perceived favorable legal and regulatory environment. 

    “As the state with the largest number of NYSE listings, representing over $3.7 trillion in market value for our community, Texas is a market leader in fostering a pro-business atmosphere,” Lynn Martin, president of NYSE Group, said in a statement.

    CANDIDATE FOR CANADIAN PRIME MINISTER PLEDGES TO TARGET TESLA VEHICLES WITH 100% TARIFFS

    Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on February 12, 2025. (ANGELA WEISS/AFP / Getty Images)

    “We are delighted to expand our presence in the Lone Star State, which plays a key role in driving our U.S. economy forward” Martin continued. 

    Texas Gov. Greg Abbott met with NYSE leaders on Monday to discuss the launch, local FOX 4 reported. 

    “With the launch of NYSE Texas, we will expand our financial might in the United States and cement our great state as an economic powerhouse on the global stage,” Abbott said, according to FOX 4.

    PRESIDENT TRUMP, INDIA’S MODI TO TACKLE TRADE, TARIFF TENSIONS AT HIGH-STAKES MEETING

    Texas Gov. Greg Abbott on FOX Business

    Texas Gov. Greg Abbott , who previously appeared on FOX Business, responded to the move to bring NYSE Texas to Dallas.  (FOX Business  / Fox News)

    A potential competitor is already in the works, as the Texas Stock Exchange (TXSE), a new venture backed by financial giants including BlackRock, Citadel Securities and Charles Schwab, is targeting a 2026 launch after submitting paperwork late last month to operate as a national securities exchange, Reuters reported.

    It will also be a fully electronic equity exchange headquartered in Dallas. 

    Ticker Security Last Change Change %
    TSLA TESLA INC. 336.51 +8.01 +2.44%

    The Tesla Gigafactory in Austin, Texas, US, on Thursday, June 23, 2022. NYSE Group President Lynn Martin said Texas is the state with the largest number of NYSE listings. (Jordan Vonderhaar/Bloomberg / Getty Images)

    CLICK HERE TO READ MORE ON FOX BUSINESS

    “We have known all along that Texas is the best place to do business,” a TXSE spokesperson said in a statement obtained by Reuters following the news. “The Texas Stock Exchange is harnessing this momentum to build a national securities exchange in our home state.”

    Reuters contributed to this report. 

  • Americans bullish on economy and stock market with Trump in office: poll

    Americans bullish on economy and stock market with Trump in office: poll

    Americans have renewed optimism in the country’s economic outlook now that President Donald Trump is back in office.

    A majority of Americans, 53%, believe that the economy will grow in the next six months, while 61% believe that the stock market will also rise, according to the results of a Gallup poll released Monday.

    The poll’s release comes shortly after Trump returned to the White House, with the survey conducted between Jan. 2 and 15, shortly before he took office. 

    RUBIO SAYS ‘NO CHOICE’ BUT TO BRING USAID ‘UNDER CONTROL’ AFTER AGENCY TAKEOVER: ‘RANK INSUBORDINATION’

    President Donald Trump holds up his executive order on “Continuing the President’s National Council for the American Worker and the American Workforce Policy Advisory Board” in the East Room of the White House on June 26, 2020. (Mandel Ngan/AFP via Getty Images)

    While Americans are optimistic about economic growth, the survey found they were divided on unemployment, with 38% indicating they believe it will increase and 38% saying it will decrease. Meanwhile, 21% believe that unemployment will hold steady over the next six months.

    Americans are also less bullish on inflation, with 52% indicating they expect it to rise in the next six months, though that figure is down significantly from close to 80% in previous versions of the Gallup poll.

    Breaking the numbers down by partisan affiliation, Gallup found Republican respondents largely responsible for fueling the increase in economic optimism, with 78% of GOP respondents believing there will be economic growth over the next six months and 75% saying the stock market will rise.

    Donald Trump speaking

    President Donald Trump (Scott Olson/Getty Images)

    USAID CLOSES HQ TO STAFFERS MONDAY AS MUSK SAYS TRUMP SUPPORTS SHUTTING AGENCY DOWN

    Solid majorities of Independents felt the same, with 61% indicating they believe there will be economic growth over the next six months and 60% saying they believe the stock market will rise.

    Democrats are less bullish, with only 21% indicating they believe there will be growth over the next six months. But a slim majority of Democrats, 51%, do anticipate a bump to the stock market over the same time period.

    Trump and the RNC announce a $76 million fundraising haul in April

    President Donald Trump headlines a Republican National Committee spring donor retreat, in Palm Beach, Florida on May 4, 2024. (Donald Trump 2024 campaign)

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    “Americans are generally hopeful about the economy in the next six months. Part of this optimism stems from Republicans expecting things to improve under a Republican rather than Democratic president,” Gallup said in a news release. “But the broader improvements in Americans’ outlook may also reflect their confidence in Trump’s ability to handle the economy. During his first term, he received some of his strongest issue approval ratings on the economy, which were typically higher than those Biden received on the issue during his term.”

    The poll, conducted Jan. 2-15, 2025, surveyed a random 1,005 adults living in the U.S. and has a margin of sampling error of plus or minus four percentage points.

    Michael Lee is a writer for Fox News. Prior to joining Fox News, Michael worked for the Washington Examiner, Bongino.com, and Unbiased America. He has covered politics for more than eight years.

  • Nvidia CEO loses over B after stock tanks

    Nvidia CEO loses over $20B after stock tanks

    SKTLs Space Crypto co-founder Cody Willard explains how A.I. will impact the future of business on ‘Making Money.’ 

    Nvidia CEO Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. 

    His net worth hit $103.7 billion by the end of the trading day, marking a $20.8 billion drop, Forbes reported.

    The outlet, which tracks the fortunes of billionaires, linked the 11-figure decrease in his net worth to Nvidia’s stock falling 17% over the course of the day. 

    Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas on Jan. 6, 2025. (Patrick T. Fallon/AFP via / Getty Images)

    Shares of Nvidia and other U.S. tech companies, particularly those with links to the artificial intelligence sector, fell on Monday after the popularity of Chinese AI startup DeepSeek raised concerns among investors over American dominance in the sector.

    CHINA’S DEEPSEEK DERAILS NASDAQ, NVIDIA, AI DARLINGS

    DeepSeek wrote in a paper last month that it trained its DeepSeek-V3 model with less than $6 million worth of computing power from what it says are 2,000 Nvidia H800 chips to achieve a level of performance on par with the most advanced models from OpenAI and Meta.

    DeepSeek's AI chatbot

    Shares of Nvidia and other U.S. tech companies, particularly those with links to the artificial intelligence sector, fell on Monday after the popularity of Chinese AI startup DeepSeek raised concerns among investors over American dominance in the sec (Photo Illustration by Justin Sullivan / Getty Images)

    Huang co-founded Nvidia over three decades ago and has a roughly 3% holding in the company, Forbes reported. 

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    Ticker Security Last Change Change %
    NVDA NVIDIA CORP. 122.58 +4.16 +3.52%

    Huang’s current net worth ranks among the 20 largest fortunes in the world, according to the outlet. His net worth crossed the $100 billion mark for the first time in May of last year.

    WHAT IS THE CHINESE AI STARTUP DEEPSEEK?

    Nvidia headquarters

    The Nvidia headquarters in Santa Clara, California, on Aug. 28, 2024. (Loren Elliott/Bloomberg via / Getty Images)

    The company’s market capitalization hovered around $2.98 trillion as of Tuesday. 

    FOX Business’ Eric Revell contributed to this report.