US stock market today: Dow, S&P 500, Nasdaq fall amid tech sell-off, Iran tensions

Wall Street opened lower as investors weighed AI spending concerns and rising borrowing costs, while escalating Iran tensions pushed crude oil prices higher.

Wall Street opened lower as investors weighed AI spending concerns and rising borrowing costs, while escalating Iran tensions pushed crude oil prices higher.

Net interest income rose 35% year-on-year, while the gross loan portfolio expanded 22%. The bank’s net NPA ratio, however, increased sequentially.

The proposal seeks to reduce compliance requirements for market infrastructure institutions (MIIs) and improve ease of doing business. SEBI has invited public comments on the proposed framework until November 12.

Midcap and smallcap stocks fell 6% and 7%, respectively, this week wiping over ₹20 lakh crore off BSE-listed companies’ market value despite sustained domestic institutional buying.

The 765 kV Pachchham–Saykha project for GETCO is scheduled for completion within 42 months, excluding GST.

Coforge reported a 13.4% QoQ rise in net profit to ₹588 crore and an 11.6% increase in revenue to ₹6,170.8 crore, with both figures below CNBC-TV18 poll estimates. The company raised its FY27 EBIT margin guidance to 16%, signed a…

Bank of India reported a 25.3% year-on-year rise in September-quarter net profit, supported by strong growth in net interest income and operating profit. Asset quality improved, while global business expanded 21.1% to ₹18.93 lakh crore.

Infosys CEO Salil Parekh said AI contributed 10.5% of Q2 revenue, while mega deals are expected to add 1% to revenue growth next year. The company lowered its FY27 revenue growth guidance amid softer volumes and pricing pressure, while maintaining…

Torrent Pharmaceuticals reported a 9.6% YoY decline in Q2 FY27 net profit to ₹534 crore, while revenue grew 50.8% to ₹4,979 crore. EBITDA rose 54.1% to ₹1,583 crore, with the margin improving to 32.33%, although both EBITDA and net profit…

Infosys reported constant currency revenue growth of 1.2%, while the street was working with a projection of 1.4% on a sequential basis.