Wall Street: US stocks fall sharply, Dow tumbles 1,100 points
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US stocks witnessed a sharp decline. The Federal Reserve cut interest rates for the third time this year. The Fed hinted at fewer rate cuts in 2025 than previously expected. Investors reacted negatively to this news. Bond yields increased, adding pressure on stocks. Smaller companies were hit particularly hard. Global markets showed mixed reactions to the Fed’s decision.
Binance Holdings Ltd aimed to hire 1,000 people in 2023, focusing on compliance roles. CEO Richard Teng highlighted the efforts to meet regulatory demands, spending […]
Mumbai’s stock market opened with minor gains on Tuesday amid weak global signals and Monday’s drop. While select companies advanced, top losers indicated investor caution. […]
India’s National Investment & Infrastructure Fund (NIIF) is set to seek around $4 billion in its largest-ever fund-raise early next year. This move aligns with […]
