Wall St rebounds as traders digest Powell comments
November 10th, 2023 23:27
The hawkish comments ended the S&P 500 and the Nasdaq's longest winning streak in two years, which had been driven by expectations that the Fed was done with its hiking cycle after the central bank kept rates unchanged at its last meeting.
Dollar steady against euro; yen weakens as Fed policy stays in focus
November 10th, 2023 23:27
Powell and other Fed officials said on Thursday that they are still not sure that interest rates are high enough to finish the battle with inflation, with Powell saying that the Fed may get further help in taming price increases from improvements in the supply of goods, services and labor.
BSE Q2 Results: Net profit surges over 300% to Rs 118 cr; revenue up 59%
November 10th, 2023 22:27
Investment income during the second quarter increased 30% YoY to 47.5 crore. The same stood at Rs 36.6 crore in the corresponding quarter of the previous year. Operating EBITDA for the reporting quarter grew multifold to Rs 142 crore against just 13.4 crore in the last year quarter
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