US stocks surge as oil plunges below $100 on Iran war hopes after Democrats’ win

US markets rallied after Democrats’ sweeping victory in the midterm elections, as investors became hopeful that the result could push US President Donald Trump towards ending the ongoing war with Iran. The election outcome also raised hopes of lower energy prices and reduced geopolitical tensions. Oil prices plunged sharply amid expectations that the Iran war … Read more

Stock Market Extends Rally For 6th Day As Investors Cheer US Midterm Results, Sensex Skyrockets 2,009 Pts

Indian stock market rallied for the sixth consecutive day as the Sensex soared nearly 2,009 points and the NSE Nifty surged 576 points on Thursday, November 5. A significant downside in crude prices amid hopes of a resolution to the West Asia conflict after the US president lost midterm elections. Additionally, sustained foreign fund inflows … Read more