After US Fed Chair Jerome Powell signaled that the Fed would start cutting interest rates from September at the Jackson Hole Symposium, Nifty bulls are eyeing fresh peaks beyond the 25,000 levels. Last week, Sensex and Nifty ended around 1% higher, buoyed by positive US economic data which has diminished the likelihood of a US
Share market today, BSE building (Photo: Reuters) 4 min read Last Updated : Aug 22 2024 | 7:37 AM IST Stock market today: The Indian share market is expected to open in the positive territory. At around 7:04 AM, GIFT Nifty futures were up 88.3 points at 24,884. US markets, on Wednesday, finished higher
(Bloomberg) — Bond yields fell as a big downward revision of US payrolls reinforced bets the Federal Reserve will cut rates in September. Most Read from Bloomberg Treasuries rose across the curve, with the move led by shorter maturities. Swap traders are pricing in about 100 basis points worth of easing in 2024. The implied
(Bloomberg) — Stocks kept pushing higher, adding to a rally from August lows that’s already topped $3 trillion amid bets the Federal Reserve will signal it’s ready to start cutting interest rates. Most Read from Bloomberg All major groups in the S&P 500 rose, with the gauge up for an eighth straight day — the
A passenger flying from Portland to Jackson Hole via San Francisco reported a startling incident in which the pilot of the aircraft claimed he was not qualified to land the plane at the intended destination. The passenger, who shared his experience on Reddit, described how the plane, operated by SkyWest Airlines under Alaska Airlines, had
(Bloomberg) — Just as bond traders grow more assured that inflation is finally under control, a camp of investors is quietly building up protection against the risk of a future spike in prices. Most Read from Bloomberg These fund managers are amassing positions that would cushion fixed-income returns in the event of an inflation shock.