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S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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Stocks might 'go nowhere' for the rest of this year amid Fed uncertainty and US debt concerns, market vet says

The S&P 500 will get stuck around 5,800 for the rest of the year as rate cuts disappoint and concer…

Jennifer Sor   


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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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US stocks rise as strong GDP data boosts soft landing outlooks

The hot GDP report may push out timelines for the Fed to cut interest rates, but it also signals th…

Phil Rosen   


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Fitch raises global growth forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…

ANI   


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Ukraine bonds rally on Trump's victory amid his pledges to end the war

Trump said during his campaign that he would try to end the war in Ukraine. "I will get it settled …

Kelly Cloonan   


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Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data

The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …

Max Adams   


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Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on th…

ANI   


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James Faris   


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5 mins read

'Generational opportunity': Invest in real estate as stock and bond returns shrink, according to $3.5 trillion JPMorgan Asset Management

Goldman Sachs and JPMorgan Asset Management agree that long-term stock returns may be significantly…

James Faris   


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The bond market is selling off after traders got their Fed forecasts wrong

"We could easily get a scenario where the Fed will basically have to reverse course and begin to st…

Matthew Fox   


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The economic 'no landing' could drive the S&P 500 to a 13% gain in 2025, UBS says

UBS sees a strong year ahead for the stock market, with few negative catalysts on the horizon to de…

Jennifer Sor   


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The S&P 500's golden decade of returns is over, Goldman says

The S&P will see annualized returns of 3% over the next 10 years, says Goldman Sachs. That's down f…

Filip De Mott   


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Stocks continue to consolidate ahead of Lok Sabha election results

Risk aversion in Indian stocks continued on Thursday morning, as the indices opened the session on …

ANI   


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Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts

Indian stock markets are geared up for a dynamic performance in the coming week, influenced by a mu…

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India to clock 7% growth in FY25 despite headwinds: Deloitte

According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…

PTI   


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Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off

The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…

Filip De Mott   


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Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead

Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised its fore…

Matthew Fox   


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US stocks rise after soft retail sales data drives dovish Fed outlook

Indexes ticked higher as investors took in fresh data that showed weaker than expected retail sales…

Phil Rosen   


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The stars have aligned for this corner of the stock market as the US economy enters its 'Goldilocks' era, BofA says

"Slowing GDP + accelerating EPS has been the best backdrop for stocks," Bank of America said in a n…

Matthew Fox