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US stocks bounce

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New York: The US stocks rebounded strongly on oil recovery, following the terror attacks in Paris, as investors believed its impact on markets was limited.

The Dow Jones Industrial Average added 237.77 points (1.38 percent) to 17,483.01 on Monday, as per reported.

The S&P 500 jumped 30.15 points (1.49 percent) to 2,053.19. The Nasdaq Composite Index gained 56.73 points (1.15 percent) to 4,984.62.

The US equities gained momentum as oil prices recovered from an early dip. US Oil snapped a three-day losing streak to settle up nearly three percent on Monday.

In response, the energy sector surged 3.25 percent as the biggest advancer in the S&P 500’s ten sectors.

On the US economic front, the November 2015 Empire State Manufacturing Survey indicates that business activity declined for a fourth consecutive month for New York manufacturers. The headline general business conditions index was little changed at minus 10.7.

No other major economic data was due Monday. Investors awaited the meeting minutes from the Federal Open Market Committee (FOMC) due out later this week.

Traders will look for hints on the timing of interest rate hikes from the US central bank.

In corporate news, Marriott International has agreed to acquire Starwood Hotels and Resorts Worldwide in a cash and stock deal valued at $12.2 billion to create the world’s largest hotel chain.

Shares of Starwood, however, tumbled 3.63 percent to $72.27 apiece on Monday.

Overseas, European stocks were little changed on Monday, with French benchmark index CAC 40 slightly down 0.08 percent, as investors digested the potential impact of the Paris attacks.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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