U.S. Treasury yields edged higher on Friday amidst thin trading volumes following the Thanksgiving holiday and a significant CME Group trading platform outage. While futures trading resumed after an 11-hour shutdown, markets remained subdued. Investors are anticipating a potential Federal Reserve interest rate cut, leading to a slight steepening of the yield curve as the month concludes.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO