Wall Street ends August with a whimper on Fed worry

September 1, 2022

The three main indexes suffered their biggest monthly percentage declines in August since 2015. After hitting a four-month high in mid-August, the S&P 500 has stumbled in recent weeks, dropping more than 8% through Wednesday’s close and falling through several closely watched technical support levels.

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Indian Bank raises deposit rates by 15 basis points

Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk

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