US GDP growth, US Core PCE price index and US Personal Income data will guide Wall Street’s direction tomorrow, as investors track key inflation and growth signals. On Wednesday, US stocks rose as oil prices declined, supporting broader market sentiment. However, uncertainty around the India-US trade deal following US Trade Representative Jamieson Greer’s June 23–24 visit, along with S&P Global Ratings’ warning that energy stress, a sub-par monsoon and slowing global growth could pull India’s GDP growth down to 6.6% in the current fiscal, may weigh on investor sentiment tomorrow.
Source link
Market Pulse: Key triggers to watch before the June 25 trading session
Date:
More like thisRelated
‘Trump has cost us’: After midterm losses, MAGA asks if it’s over
As Republicans faced a nationwide drubbing in Tuesday’s midterm...
Prashant Jain sees 12-15% annual returns from Indian equities over 3-5 years
Question
We've had a very painful period for the equity...
Raamdeo Agrawal sees FIIs return as earnings improve and valuations turn attractive
Question
Looking at the valuation compression across the market, are...
Stocks to Watch for November 2: Reliance Industries, Jio Platforms, BEL, Vodafone Idea, IOC, M&M and more
From Reliance Industries and Jio Platforms reporting strong quarterly...