Stocks back in red amid selling pressure
The benchmark equity index ended the week in negative territory, snapping a three-week winning streak as market sentiment turned cautious amid mounting concerns over the ongoing domestic gas crisis and escalating geopolitical tensions.Analysts pointed out that the market recovery, which had been gaining momentum over the past few weeks, encountered...
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Global equity funds post strongest weekly inflows in 15 weeks
Global equity funds witnessed the largest weekly net purchase in 15 weeks in the week to January 14, as investors pushed world stocks close to record highs, extending momentum from last year and brushing aside concerns over the global economy and geopolitics, reports Reuters.Easing US inflation pressures strengthening expectations of...
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US biotech sector eyes rebound in 2026 as IPO interest revives
Investors are eyeing a rebound in the US biotech sector in 2026, as more companies are expected to go public amid a renewed deal-making appetite and a lower interest rate scenario, even as they come to terms with the political and regulatory environment, reports Reuters.Amid President Donald Trump's policy shifts,...
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World shares hover near record highs on simmering geopolitics, AI optimism
LONDON, Jan 16 (Reuters): Global stocks hovered near record peaks on Friday as international tensions simmered, and the dollar held near a six-week high as traders trimmed bets on Federal Reserve interest rate cuts.Safe-haven gold was little changed, while oil prices rebounded from an earlier retreat after US President Donald...
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Goldman Sach tops profit estimates
Goldman Sachs' fourth-quarter profit beat Wall Street expectations on Thursday, driven by a surge in dealmaking and trading, as it expressed optimism for investment banking in the year ahead, reports Reuters.A friendlier regulatory environment under US President Donald Trump, lower interest rates and excess cash have led companies to pursue...
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