Wall Street’s sentiment appears to be shifting as CFRA Research upgrades its outlook for the S&P 500, pointing to a continued rally through the remainder of 2025 and into 2026. The firm, led by Chief Investment Strategist Sam Stovall, now projects the S&P 500 to reach 6,850 within 12 months—approximately…
Global indices were mixed this week as investors listened to statements from top central bank officials like Jerome Powell and Christine Lagarde. They also reacted to the US-Vietnam trade deal and the coming July 7 deadline.Stocks also reacted to the strong US nonfarm payrolls data and the passing of Donald…
European stock markets started Friday’s trading session in the red across the board, with the regional Stoxx 600 index declining as investors reacted to news of China imposing high duties on European Union brandy. This development, coupled with ongoing uncertainty surrounding US tariff deadlines, has cast a shadow over markets,…
Vodafone share price continued its strong recovery, rising to its highest level since August 2022, as demand for telecom stocks rose. VOD jumped to a high of 10.78p, up by over 47% from its lowest level in 2024. So, does the stock have more upside?Why Vodafone share price has jumpedVodafone…
Trent stock tanked 12% on Friday amid concerns about a slowdown in its revenue growth, as revealed during its recent Annual General Meeting (AGM).At the time of publication, Tata Group backed-Trent stock was trading at Rs 5,451.00, 11.95% down from its previous close.This slower growth outlook disappointed investors and analysts, leading…
In a stunning move against a major global player, India’s market regulator has temporarily barred Jane Street Group LLC from the local securities market, alleging index manipulation. The Securities and Exchange Board of India (SEBI) is also seeking to seize what it claims are “unlawful gains” totaling approximately $570 million,…
Asian markets displayed yet another session of subdued performance as US President Donald Trump’s tariff threat is keeping investors wary of taking any major risks.Most of the markets in the region traded mixed on Friday with minute recoveries from previous losses.US President Donald Trump has indicated that he will soon…
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The signing of the US-Vietnam trade deal pushed caution factor in India, as New Delhi seems to be engaged in some tough negotiations with their Washington counterparts.A successful trade deal with Vietnam is expected to have major benefits for the US, but for India, it only brings more competition, all…
The US labor market delivered a notable surprise in June jobs data as growth outpaced economist expectations.The latest data from the Bureau of Labor Statistics shows that 147,000 new jobs were added last month, well above the expected 110,000.In a surprising twist, the unemployment rate also dipped to 4.1%, lower…