IndiGo share price surged 4% after appointing Aloke Singh, former Air India Express CEO, as Chief Strategy Officer to guide long-term plans, including the significant Airbus A350 fleet induction for long-haul operations. This move follows CEO Pieter Elbers’ resignation and comes amidst leadership changes and operational challenges.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.