Monday 17 July 2023

Telegram.me/AlliesFin #StockMarket #india's Post

Global bits

S&P 500 ends down with banks mostly lower, indexes post weekly gains

Wall St Week Ahead Investors brace for earnings from ‘Magnificent Seven’ US growth giants

China invites global investors for rare meeting as economy sputters

China's June crude steel output rises on better margins

Most Gulf markets extend gains; Egypt flat

Toronto market posts weekly gain of more than 2%

Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase (JPM.N) and Goldman Sachs (GS.N) told clients in reports.

Gold poised for best week in 3 months on Fed pause bets

JPMorgan's profit surges to record after First Republic deal

FTSE 100 closes lower at the end of best week in three months

European shares close best week in over three months on US disinflation hopes

South African rand falls on prolonged power cuts, bets for SARB pause

Wells Fargo hikes outlook for interest income after profit surges 57%

BlackRock's shares edge lower as inflows slow

S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv

Citigroup profit drops 36% on trading slump, rising expenses

Emerging market equity fund inflows outpace developed market rivals

China June new home prices flat in weakest showing this year

China rolls over medium-term policy loans, rate unchanged

Asking prices for UK homes slip as Bank of England's rates rises bite, survey shows

Australia expects unemployment rate to rise as global economy slows

China economic data likely to show recovery is fading quickly

Source: Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...