S&P 500 opens 2.3 pc lower despite encouraging inflation update as Trump's trade war still weighs
New York, Apr 10 (AP): US stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy.
The S&P 500 was down 2.3 per cent early Thursday, a day after surging 9.5 per cent following President Donald Trump's decision to pause many of his tariffs worldwide.
The Dow Jones Industrial Average was down 685 points, and the Nasdaq composite was down 2.9 per cent. Even a better-than-expected report on inflation wasn't enough to get stocks to add to their gains from the day before, including the S&P 500's third-best since 1940.
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Police receive hoax email threatening to blow up Mumbai airport, Taj hotel
Mumbai, May 17 (PTI): Mumbai Police received an email threatening to blow up the Chhatrapati Shivaji Maharaj International Airport in the city and Hotel Taj Mahal Palace with a bomb but it turned out to be a hoax, an official said on Saturday.
The email was received at the email address of the Airport Police Station on Friday morning, he said.
A thorough search was conducted at the airport as well as the luxury hotel located in suburban Santacruz but nothing suspicious was found, the police official said.
"Urgent: 7 RDX IEDs at TAJ Hotel/Airport, Evacuate All Public/Staffs Soon!" "The Taj Mahal Palace, Mumbai and the Chatrapathi Shivaji Maharaj Airport will fall victim to a devastating pipe bomb blast. This act commemorates the unjust hanging of Afzal Guru and Savukku Shankar!", the email read.
A case was registered against an unidentified person for criminal intimidation, public mischief and other relevant sections of the Bharatiya Nyaya Sanhita (BNS) and further probe was underway, the official said.
