Indian IT stocks are expected to face a sell-off following President Trump’s increase in H-1B visa costs, potentially impacting profitability and prompting companies to rethink hiring strategies. While larger firms may manage, mid-tier companies heavily reliant on new visas could experience a sharper impact.
10-year US Treasury yields surges over 5.05% to 19-year high
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal