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US stock markets at record high: S&P 500 and Nasdaq surge; rate cut hopes boost optimism despite government shutdown

The S&P 500 and Nasdaq indices reached unprecedented levels when markets opened on Thursday, driven by fresh optimism regarding potential interest rate reductions, whilst investors prepare for minimal economic data releases as the week concludes.At market opening, the Dow Jones Industrial Average gained 20.0 points, representing a 0.04% increase, reaching 46,461.11. The S&P 500 advanced…

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US markets today: Wall Street heads for fifth straight monthly gain; investors watch jobs, Fed, and government shutdown

US equities edged cautiously on Tuesday as Wall Street approached the end of another strong month, with investors balancing optimism over corporate earnings against economic uncertainty and the potential for a government shutdown.The S&P 500 slipped 0.2% in early trading, while the Dow Jones Industrial Average fell 27 points, or 0.1%. The Nasdaq composite was…

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Asian stocks today: Markets mostly in green following US gains; HSI jumps over 350 points, Shenzhen up 1.28%

Asian markets inched higher on Monday, lifted by Wall Street’s gains after US inflation data met expectations and eased concerns about US President Donald Trump‘s latest tariff announcements.Hong Kong’s HSI jumped 353 points or 1.35% to 26,482. Shenzhen also jumped 169 points or 1.28% to trade at 13,378 while Shanghai gained 6 points or 0.17%…

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Asian markets drop as Trump unveils new tariffs: Pharmaceutical and Biotech stocks hit; oil, gold prices climb

Asian markets opened cautiously on Friday after US President Donald Trump announced a fresh set of tariffs, while investors lowered expectations for significant Federal Reserve interest rate cuts following stronger-than-anticipated economic data.Trump revealed plans to levy a 100% tariff on imported branded pharmaceuticals, 25% on heavy-duty trucks, and 50% on kitchen cabinets. He also said…

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PSBs poised for strong retail and MSME loan growth: Corporate lending moves to capital markets, says report

Public sector banks (PSBs) in India are set to see robust loan growth in retail, agriculture, and MSME segments in the coming quarter, according to a sector repirt by Nuvama Institutional Equities.While corporate lending has increasingly shifted to mutual funds and capital markets, loans to individuals, farmers, and small businesses are expected to drive overall…

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Stock markets steady on SIP flows: Jefferies says mutual fund inflows preventing crash; stocks seen trading sideways

India’s stock markets are being propped up largely by consistent mutual fund investments, which are preventing a sharper fall despite heavy outflows, Jefferies has said in a new report.The brokerage noted that without these steady inflows, the high level of equity supply in the market could have triggered a collapse, news agency ANI reported. “Indian…

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