Asian markets and US futures climbed Thursday amid growing anticipation that the Federal Reserve will soon lower interest rates. The yen strengthened, leading to a drop in Japanese stocks. The US 10-year yield dipped to 4.03%, fueled by geopolitical events between Iran and Israel, and a shift in Fed policymakers’ stance.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.