U.S. stocks plummeted on Wednesday as Treasury yields surged amid concerns over the potential increase in U.S. government debt due to President Trump’s proposed tax-cut bill. All major Wall Street indexes experienced their largest daily losses in a month, with small-cap stocks also suffering significant declines.
Market’s next big cue may come from earnings and rural revival: Shiv Puri
Shiv Puri from TVF Capital Advisors suggests a positive outlook for consumption due to changing unsecured personal lending. He highlights opportunities in underpenetrated sectors like