Stocks slide as US jobs report plays on investors’ minds

Stocks slide as US jobs report plays on investors’ minds

Indian stocks plunged on Friday, as nervous investors took money off the table before the release of tepid US jobs data for August. The US Federal Reserve is expected to rely on key hiring data to decide the quantum of rate cuts in the world’s largest economy later this month. Breaking a three-week winning streak, … Read more

US Fed rate cut: 10 top experts on its impact on Indian stock market and the best sectors, stocks to buy

US Fed rate cut: 10 top experts on its impact on Indian stock market and the best sectors, stocks to buy

US Fed rate cut: The recent downward revision of US jobs data, along with the minutes from the latest FOMC (Federal Open Market Committee) meeting, has strengthened expectations of a rate cut in September. Many experts are certain that the Fed will cut benchmark interest rates within the next few weeks. The next US FOMC … Read more