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US stock market today (April 16, 2026): Wall Street holds near record highs; oil surge, Iran war keep investors cautious

TazaPulseApril 16, 2026

Wall Street hovered near record levels on Thursday as investors paused after a sharp rally, weighing rising oil prices and uncertainty around the Iran conflict before making fresh bets.The S&P 500 slipped 0.1%, a day after hitting a new all-time high– its 10th gain in 11 sessions–while the Dow Jones Industrial Average fell 66 points...

Wipro buyback plan: Company announces Rs 15,000 crore share repurchase; ranks behind Infosys and TCS deals

TazaPulseApril 16, 2026

Wipro on Thursday approved a Rs 15,000 crore share buyback, its largest so far, even as the IT major’s offer remains smaller than recent repurchases by peers Infosys and TCS, PTI reported.The company’s latest buyback surpasses its Rs 12,000 crore programme in 2023, but trails Infosys’ Rs 18,000 crore offer –the largest by any Indian...

China’s GDP rises 5% in Q1 beating forecasts, Iran war impact limited so far

TazaPulseApril 16, 2026

China’s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus. Gross domestic product (GDP) in the world’s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by...

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Stocks making the biggest moves premarket: PEP, TSM, VOYG, PPG

TazaPulseApril 16, 2026

Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant posted first-quarter results that beat analyst expectations, sending the stock 1% higher. PepsiCo earned an adjusted $1.61 per share on revenue of $19.44 billion. Analysts polled by LSEG expected a profit of $1.55 per share on revenue...

Indian exports face rising cost pressure as EU plans carbon tax expansion: GTRI

TazaPulseApril 16, 2026

As the European Union is set to widen its carbon border tax regime, Indian exports could face significantly higher carbon-related costs as the regime widens its scope, according to a report by the Global Trade Research Initiative (GTRI).The report said the European Parliament’s environment committee has proposed extending CBAM to around 180 additional steel- and...

Strait of Hormuz disruptions hit! India’s LPG imports halve from February levels, domestic output also hit

TazaPulseApril 16, 2026

The United States has emerged as India’s largest LPG supplier so far this month. (AI image) In wake of the Middle East conflict, India’s Liquified Petroleum Gas (LPG) imports have dropped sharply this month, falling to nearly half of February levels and extending the decline seen in March, according to shipping data. At the same...

New record! Apple’s India vendors export $2.5 billion components to China; may reach $3.5 billion under ECMS

TazaPulseApril 16, 2026

Experts say the surge in electronics exports represents an unexpected boost from the smartphone production-linked incentive scheme. (AI image) In a big achievement for the government’s electronics component manufacturing scheme (ECMS), Apple’s India vendors have already exported a record $2.5 billion components to China. The development also signals a shift from the earlier pattern, where...

Gold, silver price prediction today: Will gold head to Rs 1.65 lakh/10 grams & silver rise to Rs 2.80 lakh/kg?

TazaPulseApril 16, 2026

Gold appears set to extend its advance toward the 165,000 level in the upcoming sessions. (AI image) Gold and silver price prediction today: Gold and silver prices may extend gains in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX...

Asian stocks today: Markets inch higher on US-Iran peace hopes; Nikkei jumps 2%, HSI adds 360 points

TazaPulseApril 16, 2026

Asian stocks edged higher on Thursday, as investor sentiments were lifted by hopes of United States and Iran extending their ceasefire and moving a step closer to reopening the crucial Strait of Hormuz. The gains were led by Japan’s Nikkei, which was up 1,214 points or 2% to 59,348. In South Korea, Kospi jumped 1.7%...

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US won’t renew sanctions waiver on Russian, Iranian oil: What it means for India

TazaPulseApril 16, 2026

The United States has decided not to extend the temporary waiver that allowed the sale of Russian and Iranian oil already at sea. The announcement comes as US treasury secretary Scott Bessent on Wednesday said, “We will not be renewing the general license on Russian oil,” adding, “That was oil that was on the water...

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Finance

US stock market today (April 16, 2026): Wall Street holds near record highs; oil surge, Iran war keep investors cautious

Wipro buyback plan: Company announces Rs 15,000 crore share repurchase; ranks behind Infosys and TCS deals

China’s GDP rises 5% in Q1 beating forecasts, Iran war impact limited so far

Stocks making the biggest moves premarket: PEP, TSM, VOYG, PPG

Indian exports face rising cost pressure as EU plans carbon tax expansion: GTRI

Strait of Hormuz disruptions hit! India’s LPG imports halve from February levels, domestic output also hit

New record! Apple’s India vendors export $2.5 billion components to China; may reach $3.5 billion under ECMS

Gold, silver price prediction today: Will gold head to Rs 1.65 lakh/10 grams & silver rise to Rs 2.80 lakh/kg?

Asian stocks today: Markets inch higher on US-Iran peace hopes; Nikkei jumps 2%, HSI adds 360 points

US won’t renew sanctions waiver on Russian, Iranian oil: What it means for India

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Pokhran II tests showcased that ‘no power can bend India’, says Modi; Country has increased its N-warhead count from 172 in 2024 to 180 in 2025, says report | India News

Cisco (CSCO) Q3 earnings report 2026

Allegiant CEO defends low-cost airline plan as Sun Country deal closes

Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

Traders predict Trump will make major announcements during China trip

Beer demand stumbles as gas prices surge, data show

Allegiant CEO defends low-cost airline plan as Sun Country deal closes

Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

Traders predict Trump will make major announcements during China trip

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Pokhran II tests showcased that ‘no power can bend India’, says Modi; Country has increased its N-warhead count from 172 in 2024 to 180 in 2025, says report | India News

Cisco (CSCO) Q3 earnings report 2026

Allegiant CEO defends low-cost airline plan as Sun Country deal closes

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