1 / 18The S&P 500 climbed 0.7% Monday, marking a strong start to a holiday-shortened week as tech stocks, particularly semiconductors, drove the broader market higher.
2 / 18Several world markets to close early for Christmas. US stock and bond markets will close early on December 24, with the Nasdaq and NYSE closing at 1 p.m. ET, and remain closed December 25 for Christmas.
3 / 18MicroStrategy shares have surged 477% this year, following a 346% rise in 2023, making it the second-best performer among US tech firms valued at $5 billion or more.
4 / 18Ford is donating $1 million and vehicles to President-elect Trump’s inauguration, amid policy proposals on tariffs and electric vehicles that could impact Detroit automakers and their efforts in EV development.
5 / 18Nissan and Honda announced merger talks to form the world’s third-largest automaker, aiming to achieve greater scale for advancing electric vehicle technologies and intelligent driving, according to Honda CEO Toshihiro Mibe.
6 / 18The Biden administration ended two major student loan forgiveness plans, which could have provided relief to over 30 million borrowers facing financial hardships or escalating balances due to interest accrual.
7 / 18Brazilian officials discovered 163 Chinese nationals working in ‘slavery-like conditions’ at a BYD construction site in Bahia state, according to the local labor prosecutor’s office during a Monday news conference.
8 / 18India’s equity indices, Nifty and Sensex, rebounded on Monday, ending a five-day losing streak as traders reduced bearish bets.
9 / 18The rupee hit a new all-time low of ₹84.75 against the US Dollar on Tuesday, following President-elect Trump’s warning of a 100% tariff on BRICS countries countering the Dollar’s dominance.
10 / 18Shares of steelmakers surged on December 23 after the Directorate General of Trade and Remedies began investigating the steel industry’s request for a 25% safeguard duty on imports.
11 / 18Tata Group has enlisted advisors for a proposed ₹15,000-crore IPO of Tata Capital in 2025, aiming to comply with RBI’s norms for ‘upper layer’ NBFCs, though the final deal size is undecided.
12 / 18Adani Defence Systems is acquiring an 85.8% stake in Air Works India, the largest private sector aircraft MRO company, for an enterprise value of ₹400 crore.
13 / 18SEBI suspended trading in Bharat Global Developers Limited (BGDL) on December 23, 2024, for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices.
14 / 18DAM Capital Advisors, led by Dharmesh Mehta, closed its ₹840-crore initial share sale on December 23 with an oversubscription of 81.88 times, receiving bids for 170.35 crore shares.
15 / 18Karnataka approved a ₹3,425.6 crore investment by Zoho-backed Silectric Semiconductor in Mysuru’s electronics cluster, expected to create 460 jobs, part of ₹9,823 crore investments generating 5,605 jobs across sectors.
16 / 18Bangladesh’s interim government sent a diplomatic note to India requesting the return of exiled prime minister Sheikh Hasina, who faces arrest warrants in Dhaka for crimes against humanity and genocide.
17 / 18Veteran director and screenwriter Shyam Benegal, a towering figure in Indian cinema, passed away at 90 on December 23 at Wockhardt Hospital, Mumbai, after battling chronic kidney disease.
18 / 18TRAI has called for reintroduction of prepaid recharges for mobile customers, offering Special Tariff Vouchers (STV) for voice or SMS services only, providing users with more flexibility to pay for the services they need.
