With the International Monetary Fund predicting that developing economies, particularly in Asia, will be a bright spot even as the US slows, the right ingredients for the strategy to succeed look finally in place for the first time in years.
The S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla among its biggest
Sugar stocks rallied up to 8% after the government tightened inventory limits for dealers amid record-high sugar prices. Bajaj Hindusthan Sugar led gains, while Balrampur
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