The S&P 500 and Nasdaq ended the week lower due to Microsoft and other market heavyweights, as comments made by two Federal Reserve officials cast doubt on the central bank’s plan to end aggressive interest rate hikes. Despite concerns about further rate hikes, economic data confirmed lower inflation, supporting the indexes. While Fed policymakers attempted to cool optimism, traders see the possibility of a pause or rate cut in December following the expected rate hike in July, according to CMEGroup’s Fedwatch tool. The S&P 500 fell 0.36%, while the Nasdaq declined 0.68%.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20
August 28, 2026