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US markets open in green: Tech boost aided by AMD-OpenAI deal lifts Wall Street; investors shrug off govt shutdown concerns

AI image used for representative purposes US stock markets began the trading day on a positive note this Monday, extending the previous week’s upward momentum. The rally was primarily driven by AMD’s artificial intelligence partnership with OpenAI, which helped overshadow worries about an extended US government shutdown.At market opening, the Dow Jones Industrial Average edged…

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Wall Street rally: US market surging despite US gov shutdown concerns; here is what to look for

Investors were bracing for turbulence on Wall Street as the US government shutdown delayed key economic reports. Yet, defying expectations, the stock market surged on Friday, with both the S&P 500 and the Dow Jones Industrial Average hitting record highs.The rally isn’t just driven by Big Tech. Though companies like Nvidia, riding the AI boom,…

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US market today: Wall Street edges higher as record-setting week nears end; AI optimism drives tech gains amid shutdown

US stocks continued to climb on Friday, as Wall Street edged toward the finish of another record-setting week, buoyed by optimism around artificial intelligence and hopes of easier interest rates despite a partial government shutdown.The S&P 500 rose 0.2% and is on track for its seventh winning week in nine, while the Dow Jones Industrial…

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US market today: Wall Street drifts on weak ADP jobs data; treasuries gain as yields fall

US stocks drifted on Wednesday as fresh signs of weakness in the job market stoked caution among investors. The S&P 500 fell 0.3% in early trading, though it remained near last week’s record high. The Dow Jones Industrial Average declined 51 points, or 0.1%, while the Nasdaq composite dropped 0.4%, AP reported.Treasury yields fell sharply…

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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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US market today: Wall street rebounds after 1 week of losses; tech and pharma stocks gain

US stocks opened higher on Monday, clawing back some losses from last week, with investors eyeing a key economic report and ongoing political uncertainty over a potential government shutdown. The S&P 500 rose 0.4% in early trading, the Dow Jones Industrial Average edged up 29 points (0.1%), and the Nasdaq composite gained 0.6%, all hovering…

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RBI policy meet: MPC begins deliberations on key rates; street divided on 25 bps rate cut

The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day deliberations on Monday, with markets largely expecting a status quo on the key interest rate. However, some experts see room for a 25 basis points (bps) cut amid benign inflation and GST-driven tax relief. The panel, headed by RBI Governor Sanjay Malhotra, is…

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