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U.S. stocks rebound after early losses as oil prices drop below $90 amid easing tensions over the Iran conflict.
The US dollar hovered near a three-month high, making bullion more expensive for holders of other currencies. The surge in crude oil prices stoked inflation fears and delayed rate-cut expectations, ...
The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.
Markets in Asia also reacted to the drop in oil prices. Japan’s Nikkei 225 rose about 2.8%, while South Korea’s Kospi gained more than 5% in early trading.
BSE Sensex, after hitting an intraday low of 76,424.55, ended the session at 77,566.16, down 1352.74 points or 1.71 per cent. The NSE Nifty50 settled at 24,028.05, down 422.40 points.
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The markets are drowning under immense pressure, with the Nifty down over 650 points, falling below 24,000 points. The Sensex index is down 2,100 points, falling to below 76,800. The Nifty has fallen ...
The US-Israel war with Iran has entered day 11, days after strikes killed Supreme Leader Ali Khamenei. Iran has named Mojtaba Khamenei as his successor as fighting continues to intensify. Scroll down ...
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