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US Stocks: Dow and S&P 500 weak as interest rate concerns mount and bank stocks fall

US stock markets were mostly lower on Tuesday as fears the Federal Reserve could keep interest rates higher for an extended period and bank stocks tumble. The biggest headwind for the S&P 500 index was financials, down 0.8%. S&P’s downgrades of several US regional lenders, hurt bank stocks, with the KBW regional bank index down …

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smart GIFT 20 points; Here’s what changed in the market while you slept

The increasing influence of weak global signals complicated the market recovery and led to continued selling pressure on Thursday. “Rising US bond yields are expected to limit the inflow of foreign investment into the Indian market, which will further impact market dynamics”; said Vinod Nair, director of research at Geojit Financial Services. “The prevailing market …

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US stocks: Dow Jones and S&P 500 slide on healthcare losses and interest rate volatility

Major Wall Street indices ended lower after shaky trading on Thursday as losses in healthcare stocks eclipsed gains in Cisco and energy stocks, while positive economic data stoked fears that interest rates would stay lower for longer. CVS Health was strong in the S&P 500, falling 8% after it was announced that Blue Shield of …

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Wall Street stocks fall on Fed minutes, bank stocks add to losses

NEW YORK, Aug 16 (Reuters) – Wall Street plummeted on Wednesday after Federal Reserve minutes were released showing central bankers at their last meeting disagreed over the need for more rate hikes. At 3:02 p.m. ET, the S&P 500 was down 15.86 points, or 0.36%, to 4,422, and the Nasdaq Composite was down 59.84 points, …

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Adani

Two developer organizations acquire 2% stake in Adani portals through open market

                            The two entities of the promoter group accumulated a 2.03% share purchase in the Port of Adani and the Special Economic Zone through the open market from June 2 to August 11, according to information from the stock exchange. Resurgent Trade and …

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