Cheer for exports: Textiles, carpets, leather set to gain after India-US deal – The Times of India

Cheer for exports: Textiles, carpets, leather set to gain after India-US deal – The Times of India

NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…

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AI boom or bubble? Is the AI bet driving US growth into risky territory; Ruchir Sharma explains – The Times of India

AI boom or bubble? Is the AI bet driving US growth into risky territory; Ruchir Sharma explains – The Times of India

Left- AI generated reperesentative image; Right- Ruchir Sharma (File photo) The global economy has entered a phase where artificial intelligence has become the dominant force shaping growth, markets and policy, with the US now the most exposed to both its promise and its risks, according to economist and investor Ruchir Sharma.“This big factor has out-Trumped…

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US market today: Wall Street drifts near all-time highs as gold climbs past ,000; AI frenzy keeps investors alert – The Times of India

US market today: Wall Street drifts near all-time highs as gold climbs past $4,000; AI frenzy keeps investors alert – The Times of India

Wall Street stocks showed modest gains on Wednesday, with the S&P 500 inching 0.1% higher near its record high, while the Dow Jones fell slightly by 20 points and the Nasdaq rose 0.3%. Investors remain cautious following the US government shutdown, which delayed major economic data releases, including the monthly jobs report, AP reported.Technology and…

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

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

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 – The Times of India

US market today: Wall Street drifts on weak ADP jobs data; treasuries gain as yields fall – The Times of India

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 market today: Wall Street slips for a third straight day as tech drags; bond yields rise on growth surprises – The Times of India

US market today: Wall Street slips for a third straight day as tech drags; bond yields rise on growth surprises – The Times of India

Wall Street struggled on Thursday, heading toward a rare three-day losing streak as investors digested stronger-than-expected US economic data and corporate results.The S&P 500 fell 0.7% in early trading, marking a deeper decline than the previous two days, while the Dow Jones Industrial Average was down 107 points, or 0.2%, and the Nasdaq composite slid…

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US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism – The Times of India

US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism – The Times of India

Wall Street edged higher on Friday, heading for its best week in five, as investors priced in expectations of a Federal Reserve interest rate cut next week. The S&P 500 held steady near record levels, the Dow Jones Industrial Average fell 51 points (0.1%), and the Nasdaq composite rose 0.1% after setting all-time highs in…

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