Major stock indexes declined on Friday, led by a tech selloff triggered by Dell’s disappointing AI server costs. U.S. inflation data aligned with expectations, bolstering hopes for Federal Reserve interest rate cuts in September, influencing currency and treasury markets. European shares also fell, while investors await upcoming U.S. jobs data and monitor developments regarding a Fed Governor’s job security.
Sebi mandates 2 new EDs to strengthen MIIs
Sebi has enhanced governance at Market Infrastructure Institutions by mandating the appointment of two executive directors. One ED will manage critical operations, while the other