Concerns are rising over the impending trade deal deadline between India and the United States, leading to market consolidation and profit booking. Inditrade Capital’s Sudip Bandyopadhyay advises caution as the US policymaking remains volatile. Eternal’s stock declined after shareholder approval to cap foreign holding at 49.5%, a strategic decision impacting potential global index inflows.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.