The yen strengthened as the dollar remained weak, with investors anticipating a Federal Reserve interest-rate cut. Japan’s Nikkei 225 fell, while South Korea and Australia saw gains. US futures were stable after a slight drop in the S&P 500 and Nasdaq 100. Key economic data, including Friday’s payrolls report, will influence future rate decisions.
Why did Nykaa shares drop despite a massive profit increase?
Nykaa’s parent company, FSN E-Commerce Ventures, experienced a nearly 5% share price drop despite reporting a significant 193% surge in net profit for the March
June 3, 2025