Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.

The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.

Foreign Institutional Investors (FIIs) were net sellers of local stocks today

Foreign Institutional Investors (FIIs) were net sellers of local stocks today

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.

Total 32 issues of 33 industry category of Topix index were in positive territory, with Marine Transportation, Iron & Steel, Nonferrous Metals, Air Transportation, Electric Appliances, Real Estate, and Glass & Ceramics Products issues being notable gainers.

The top body of China's parliament kicked off its four-day bi-monthly meeting in the capital city of Beijing on Sunday. The Standing Committee of the National People's Congress is expected to decide on the date of the key annual meeting of parliament this year on Wednesday.

A partial reopening of the economy in Alaska, Georgia, South Carolina, Tennessee, Texas and others boosted investor sentiments. New York Gov. Andrew Cuomo said the state will likely begin to reopen the economy in certain areas with certain precautions after May 15. Treasury Secretary Steven Mnuchin said he expected the U.S. economy to bounce back in the months after June, once the lockdowns are dismantled.

Total 17 issues of 33 industry category of Topix index were in positive territory, with Rubber Products, Air Transportation, Services, Electric Appliances, Precision Instruments, Securities & Commodities Futures, and Information & Communication issues being notable gainers, while Iron & Steel, Mining, Chemicals, Nonferrous Metals, and Land Transportation issues were notable losers.

China's banking regulator has asked commercial banks to halt new sales of a wide range of wealth management products that might lead to unlimited losses for investors, a week after heavy losses were recorded in a crude oil futures trading product sold by the country's fourth-largest lender. Investors worry a broad tightening on such products could hurt bank profits.

Wall Street stocks opened higher amid continued investor confidence following steps by a number of US states to reopen their economies. In the United States, some governors are rolling back curbs and allowing restaurants, hair salons and other businesses to reopen despite warnings by health experts that moving too fast might lead to new outbreaks. President Donald Trump, running for re-election amid a slump that has wiped out more than 10 million jobs, is pressing other governors to lift lockdowns. Gov. Andrew Cuomo of New York, one of the hardest-hit and most populous states, says controls will be eased only after numbers of new cases decline.

The gains were driven by banking shares after China's big four lenders reported higher profits for the first quarter despite the impact of the pandemic.

Wall Street stocks opened higher amid reaction to developments regarding the use of Gilead Sciences' antiviral drug remdesivir as a potential new treatment for Covid-19 patients. Gilead Sciences said on Wednesday that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients.

Total 23 issues of 33 industry category of Topix index were in positive territory, with Mining, Securities & Commodities Futures, Iron & Steel, Real Estate, Nonferrous Metals, and Glass & Ceramics Products issues being notable gainers, while Electric Power & Gas, Other Products, Air Transportation, Information & Communication, and Foods issues were notable losers.

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.

The major averages finished the session on opposite sides of the unchanged line, as traders weighed optimism about some states reopening against some dismal employment data. The ADP jobs report showed that US companies lost 20.2 million jobs in April. The government's April jobs report is due Friday.

Total 21 issues of 33 industry category of Topix index were in negative territory, with Air Transportation, Insurance, Land Transportation, Iron & Steel, Nonferrous Metals, and Oil & Coal Products issues being notable losers, while Other Products, Electric Appliances, Metal Products, Construction, and Pharmaceutical issues were notable gainers.

Markets drew some comfort from the latest round of economic results out of China. Data on Thursday showed an unexpected surge in export activity in the world's second-largest economy in April, growing 3.5% from the previous year

Total 32 issues of 33 industry category of Topix index were in positive territory, with Iron & Steel, Nonferrous Metals, Marine Transportation, Land Transportation, Wholesale Trade, Real Estate, and Securities & Commodities Futures issues being notable gainers.

The gains in Mainland China share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."

The transcript of President Trump's call with Ukraine shed light on a method for classifying documents that's even more top secret than top secret. WSJ spoke to a former National Security Council official to understand the intricacies of the White House server security system.

A lot of executives who get restricted stock think they have taken care of taxes on them, but get a surprise bill in the end. How to avoid this.

Sun TV is promoted by DMK chief M Karunanidhi's grand-nephew Kalanithi Maran

As per trends, J Jayalalithaa-led AIADMK appears to be winning Tamil Nadu for a straight second term, bucking the tradition since 1989 when a ruling party has not returned to power

They have decided that by 2019 all its accounting will move to accrual system

The investors are looking for a safety fund for Railways

Key benchmarks extended gains in mid-morning trade. The Nifty was trading above the 9300 mark. At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 494.49 points or 1.57% at 31,937.87. The Nifty 50 index rose 137.15 points or 1.49% at 9,336.20.

As speculation grows over Joe Biden’s selection of a running mate, WSJ’s Gerald F. Seib looks at past picks for clues into what factors the former vice president will consider, and why this year’s choice is more important than ever. Photo: Getty Images

US stock market ended sharply higher on Friday (8 May) despite grim monthly jobs report as investors bet the worst of the coronavirus crisis has passed. Investors also hoped for an eventual reopening of the economy.

The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic, when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California's Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4. Based on evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 per cent more than what was previously charged, according to a joint statement issued by California Attorney General Xavier Becerra and Alameda County District Attorney Nancy O'Malley. The food items listed in the complaint include yellow onions, ginger, green beans, instant noodles, tea, chili peppers, pomegranates and red yams. "We ..

Tanishq, a jewellery brand from the house of Tata, on Saturday announced plans to re- open its 328 stores across the country in a phased manner by opening its first 50 stores by Sunday. It would continue to comply with all rules related to COVID-19 lockdown while re-opening and running operations, said a statement. Tanishq said it has rolled out a gold standard safety e-book that reiterates the company's commitment to safety and well-being of customers and its employees at the store. It covers all staff and customer touch points, entailing numerous safety measures, including contactless shopping and strict social distancing at all times, the statement said. CEO of jewellery division at Titan Company Limited Ajoy Chawla said: We are reopening our stores in a phased manner because each store has to pass an eligibility test prior to re-commencing operations. This is to ensure each store is 100 per cent prepared to manage the store, staff and customers.

Private cell phone operators resumed their services but mobile Internet continued to remain suspended on Saturday in the Kashmir valley, a move taken as a precautionary step after the killing of self-styled local chief of banned Hizbul Mujahdieen, Reyaz Naikoo, earlier this week. The situation in the valley, which has been witnessing lockdown since the third week of March due to COVID-19 pandemic, was generally calm barring a few local protests in some villages of Pulwama in south Kashmir. Seeing an improvement of the situation after Naikoo was killed in an encounter with security forces on Wednesday, the authorities allowed private telecom operators to resume their services from Friday night but asked them to keep Internet connection barred. Restrictions had been imposed in the valley after the death of Naikoo and additional paramilitary forces were deployed at vulnerable points to prevent any mischief or stone pelting. SMS services have been snapped across all telecom operators till

Stopped by police from proceeding further, hundreds of migrant workers going home on foot created a ruckus at a Ganga bridge on the National Highway-24 in Uttar Pradesh's Amroha district, officials said on Saturday. According to them, the workers started arriving at the bridge from the Delhi side on Friday afternoon and wanted to go home at the earliest. Dhanoura Circle Officer Monica Yadav said they had assured them that buses would be arranged for their journey but they were adamant on going home on foot. Amroha DM Umesh Mishra said they arranged buses for them but some of the workers on bicycles refused to go in these. They wanted to proceed on their bicycles, he said.

Retail jewellery chain Senco Gold and Diamonds on Saturday said it has reopened 11 stores in green and orange zones in four states -- West Bengal, Odisha, Assam and Karnataka -- after getting the clearance from authorities. Further, the company plans to start operations across all locations in a phased manner after getting clearance from the concerned government authorities, it said, and added that the company will follow all safety measures while reopening the stores. Commenting on the development, Senco Gold and Diamonds Executive Director Suvankar Sen, in a statement, said that the company will ensure contact-less shopping experience by using new-age technology and emphasising on digital payments. On safety measures to be followed at stores, the company said it will ensure delivery of sterilised and sanitised jewelleries to customers. The company will also ensure sanitisation of jewelleries after every display to customers. To provide 'contactless experience' to customers, the ...

Key to successful investing is to identify your risk profile and invest accordingly.

WSJ’s Tim Higgins explores how CEO Elon Musk turned Tesla into the most valuable U.S. auto maker of all time. Photo: Philip Pacheco/Getty Images

Now the Big Oil earnings season has been and gone, serious questions are being asked about whether the future of exploration and production will involve the super majors in their current form.

Puerto Rico’s power authority sent a jolt through a corner of the U.S. stock market Wednesday as shares in financial stocks exposed to the commonwealth soared after the Puerto Rico Electric Power Authority agreed to a debt-restructuring plan with a group of bondholders.

The transcript of President Trump's call with Ukraine shed light on a method for classifying documents that's even more top secret than top secret. WSJ spoke to a former National Security Council official to understand the intricacies of the White House server security system.

Forests are a critical repository of India's biodiversity, but widespread habitat destruction is hurting. Attitudes need change too. "Compensatory forestation does not really compensate - it only replaces trees, not biodiversity", says one former top forests official. Ramesh Menon reports.

The Justice M B Shah Commission set up by the Ministry of Mines may have been prematurely discontinued, but its substantial impact in the early stages and interim findings clearly point to what its final report may hold. Kanchi Kohli reports.

Evidence of violation of environment regulation by the Adani group in their Mundra Port and SEZ Ltd and the Waterfront Development Project have been found. Kanchi Kohli reports on why both the projects are still moving ahead.

With repeated renamings over the changing course of political history, Indian street names contain many layers of the nation's history. Ramachandra Guha uncloaks some of the more prominent of these, finding memories of this history along arterials and side streets.

The centenary of admitting Dalit children into public schools in Kerala is an opportunity to remember Ayyankali, whose leadership of the movement isn't part of mainstream history. A proper retelling of this history is now the responsibility of a new generation of historians, writes N P Chekkutty.

Punjab needs water, and that means some of the water-guzzling crops must go. But questions of food security and corporatized agriculture confront the state's proposed shift, says Sudhirendar Sharma.

A Lok Satta report on the recently concluded AP signature campaign that met and exceeded the target of 10 million (one crore) signatures, indicating the support for local government empowerment amidst citizens.

Held in Geneva last month, the Rotterdam Convention was attended by 500 participants from 140 governments, UN organisations, and NGOs. India sided with Canada and few other nations to prevent the listing of chrysotile asbestos, a known carcinogen. R Sridhar has more.

While the old town is chaotic and crowded, on the other side the roads are wide and well maintained. There appears to be a complete disconnect between the two halves of Mirzapur, writes Kalpana Sharma.

Stocks pushed to session highs as dovish comments from a Federal Reserve Bank president offset mounting worries about Spain's banking system. Brendan Conway has details on The News Hub. Photo: Reuters.

Amazon.com opened a bookstore in Manhattan this May, but are young people interested in visiting it?