The S&P 500 index saw an increase on Monday. This happened because investors felt positive about trade discussions. These discussions involved the United States and its trade partners. This optimism existed even with President Trump’s increased tariffs on steel and aluminum imports. Steel company shares went up, while automaker shares went down. Energy stocks also showed gains.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also