Stock Markets: The Fitch-induced sell-off is nothing to panic over
Despite the markets’ losses, economists aren’t concerned about the long-term impact of the Fitch downgrade — if any.
Source: cnbc.com
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FPIs: FPIs may wait for some steam to blow off a red-hot Street
With the near-uninterrupted 17% rally from the 2023 lows in March taking domestic benchmark indices to record highs and pushing share valuations to elevated levels, there are concerns that the market may be overheated in the near term which could result in foreigners moderating their purchases of local stocks.
Source: indiatimes.com
Forget the Fed - How Friday's Russell Reconstitution Could Impact Markets
Why isn't anyone talking about the upcoming Russell reconstitution?
Source: bluemountaineagle.com
Stock Market Today: Stocks Close Lower Ahead of Powell Testimony
Energy stocks were some of Tuesday's biggest decliners, while Alibaba slid on a C-suite shake-up. Stocks closed lower to start the holiday-shortened week as investors took some profits off the table following lengthy weekly win streaks for all three benchmarks. Anticipation surrounding this week's congressional testimony from Federal Reserve Chair Jerome Powell also pressured the broader market. "Fed Chairman Powell testifies before Congress on Tuesday and Wednesday," writes Argus Research in a
Source: yahoo.com
Stock Market Today: Stocks Close Lower Before Powell Testimony
Energy stocks were some of Tuesday's biggest decliners, while Alibaba slid on a C-suite shake-up.
Source: kiplinger.com