Wall Street indexes closed at record highs, primarily driven by the technology sector and AI chip companies, amidst a U.S. government shutdown. Investors, monitoring private labor data, anticipated potential Fed rate cuts. The shutdown also raised concerns about its duration and impacted specific stock performances.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian
May 28, 2026