During the Muhurat trade, as many as 80% of the stocks advanced, 16% declined and 3% remained unchanged. The advance-decline ratio stood at 4.90, staying above 3 for the sixth consecutive year.
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.
Australian and Japanese shares rose and equity-index futures for US stocks climbed in early Asian trading, bolstering advances in the prior session. Even after Wednesday’s
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