US Job Market Makes Slower but Steady Gains, June Employment Data Shows
Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy. Source link
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US stock market today: Wall street trades mixed after job data release; Dow jumps 400 points, Nasdaq trades flat
Wall Street traded mixed on Thursday after a weaker-than-expected US jobs report strengthened expectations that the Federal Reserve could hold off on raising interest rates at its upcoming meeting.Around 8:15 PM IST, the Dow Jones Industrial Average gained 392.58 points, or 0.75%, to trade at 52,697.82. The S&P 500 also edged higher, rising 18.27 points,…
Private Credit Can’t Stop the ‘Freak Out’
On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds. Source link
Japan’s Rs 1 trillion investment push in India: PM Modi and Japanese PM Sanae Takaichi unveil initiatives to boost ties
PM Narendra Modi and Japanese Prime Minister Sanae Takaichi. (ANI photo) India and Japan on Thursday announced a series of major initiatives, including a new economic partnership framework, a defence agreement for the joint development of military equipment, and measures to deepen cooperation in the energy sector to strengthen resilience against oil supply disruptions. The…
Labor Market Not a Source of Inflationary Pressure, Latest Report Shows
The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation. Source link
Market wrap: Top gainers and losers on NSE Nifty50 and BSE Sensex today
Dalal Street ended Thursday on a bright note, with benchmark equity indices Sensex and Nifty closing nearly 1% higher. The momentum was buoyed by a sharp rally in IT stocks and easing crude oil prices as geopolitical tensions showed signs of cooling. The 30-share BSE Sensex gained 579.48 points, or 0.75%, to close at 77,502.12…
Tesla Sales Surge as Sales Recover in Europe
Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States. Source link
Air India Express restores Middle East flights: Check routes, destinations and schedules
Air India Express has fully restored its Middle East operations, bringing back services to Kuwait and Salalah, ending the suspension of flights to the last remaining destinations in the region. The airline resumed flights on the Kozhikode-Salalah sector from July 2, while services between Kozhikode and Kuwait are set to restart from July 3. Flights…
Why the Jobs Market Has Wall Street and Washington on Edge
A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday. Source link
FPIs continue to exit India: June equity outflows hit Rs 49,340 crore as debt inflows persist
Foreign investors continued to exit Indian equities for yet another month, with June witnessing withdrawals of Rs 49,340 crore $5.16 billion), as global and domestic factors continued to weigh on investment sentiment.The latest sell-off has pushed cumulative Foreign Portfolio Investor (FPI) outflows from Dalal Street to Rs 2.7 lakh crore in 2026 so far, according…