Contracts for the Nasdaq 100 fell more than 1.4% in early trading and S&P 500 futures dropped 0.9% after Nvidia slumped in after-hours trading. Gold, a safe haven asset that tends to gain when risk assets drop, hit a new record on Wednesday. Bonds held on to the previous session’s gains driven by a Treasury official’s comment on potential rule change that could lower trading costs for banks. The dollar slipped.
Gainers & Losers: HUL, Syngene among 6 stocks that hogged limelight today
Markets closed lower Thursday, with Sensex falling 315 points and Nifty down 82, pressured by Reliance and banks. Gains in SAMHI Hotels, Niva Bupa, and