Wall Street scores first weekly gain since mid-August

September 10, 2022

Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller said the Fed should be aggressive with rate hikes while the economy “can take a punch,” while Kansas City Fed President Esther George said taming inflation could be a tough task.

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Chart Check: RITES trading near crucial support levels; buy for a bounce back towards 500 levels

Short-term traders can look to buy the stock now for a possible bounce back towards 500 levels in the next 2-3 months, suggest experts.

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SpiceJet shares jump 7%, hit fresh 52-week high on plans to list on NSE

SpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors have filed insolvency

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